Pharmaceutical Membrane Filtration Market by Product, Technique, Material and Application - Global Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Pharmaceutical Membrane Filtration Market by Product (Filter, System), Technique (Microfiltration, Nanofiltration), Material (PES, PVDF, PTFE), Application (Final Product (Sterile Filtration), Raw Material, Cell Separation, Water) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global pharmaceutical membrane filtration market is estimated to grow from USD 5.8 billion in 2020 to reach USD 10.2 billion by 2025, at a CAGR of 12.0% during the forecast period.
The rising adoption of single-use technologies, rapid growth in the pharmaceutical and biopharmaceutical industries, and the growing demand for nanofiltration are the major factors driving the growth of this market.
By Product, the systems segment to grow at the highest CAGR in the pharmaceutical membrane filtration market.
On the basis of product, the pharmaceutical membrane filtration market is segmented into filters, systems, and accessories. The systems segment is estimated to witness the highest growth during the forecast period owing to the increasing adoption of single-use technologies in membrane filtration.
By application, the raw material filtration segment to grow at a high CAGR during the forecast period.
On the basis of application, the pharmaceutical membrane filtration market is segmented into final product processing, raw material filtration, cell separation, water purification, and air purification. The raw material filtration segment is estimated to witness high growth during the forecast period. The increasing focus of regulatory bodies on ensuring the safety of the pharmaceutical manufacturing process has made this application a crucial part of the pharmaceutical processes.
Asia Pacific: The fastest-growing region in the pharmaceutical membrane filtration market.
The global pharmaceutical membrane filtration market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period owing to the expansion of key players in countries such as Singapore, China, and India and the significant spending on R&D activities in several APAC countries.
North America: the largest share of the pharmaceutical membrane filtration market.
North America accounted for the largest share of the pharmaceutical membrane filtration market. This can be attributed to the presence of key biopharmaceutical manufacturing facilities in the region, significant spending on research and development (R&D) activities, and the presence of a well-established intellectual property system for innovative biologics.
- Increasing Usage of Single-Use Technologies
- Nanofiltration Technology
- Geographical Expansion
- Ultrafiltration Track-Etched Membranes
- Intense Competition in the Market - A Critical Barrier for New Entrants
- Alfa Laval Corporate Ab
- Amazon Filters Ltd.
- Danaher Corporation
- Donaldson Company, Inc.
- Eaton Corporation
- GEA Group
- Graver Technologies, LLC
- Koch Membrane Systems, Inc.
- Meissner Filtration Products, Inc.
- Membrane Solutions
- Merck KGaA
- Parker Hannifin Corporation
- Porvair Filtration Group
- Repligen Corporation
- Sartorius Stedim Biotech
- Sterlitech Corporation
- Synder Filtration, Inc.
- Thermo Fisher Scientific
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