Global Pharmaceutical Filtration Market Size is Projected to Hit $41.5 Billion by 2030, Growing at a CAGR of 16.5% | Industry Share by Pharmaceutical Sector Analysis

Washington, DC, March 08, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Pharmaceutical Filtration Market By Product (Membrane Filters, Prefilters & Depth Media, Single-Use Systems, Cartridges & Capsules, Filter Holders, Filtration Accessories, And Others), By System (Single-Use And Reusable), By Type (Sterile And Non-Sterile), By Technique (Microfiltration, Ultrafiltration, Crossflow Filtration, Nanofiltration, And Others), By Application (Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, And Air Purification), By Scale Of Operation (Manufacturing Scale, Pilot-Scale, And Research & Development Scale), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030” in its research database.

What is Pharmaceutical Filtration? How big is the Pharmaceutical Filtration Industry?

“According to the latest research study, the demand of global Pharmaceutical Filtration Market size & share in terms of revenue was valued at USD 10.5 billion in 2022 and it is expected to surpass around USD 41.5 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 16.5% during the forecast period 2023 to 2030.”

Report Overview:

The global pharmaceutical filtration market size was worth around USD 10.5 Billion in 2021 and is predicted to grow to around USD 41.5 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 16.5% between 2022 and 2030.

Filters, which are also known as active pharmaceutical components, are used at numerous phases of the production process of small molecule pharmaceuticals (APIs). They aid in the removal or reduction of microorganisms and particulates in process components. The filters are mostly used to keep the process solutions clean while they are kept in tanks. Pharmaceutical filtration can be found in a variety of applications, including final product processing, cell separation, water purification, raw material filtering, and air purification.

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Global Pharmaceutical Filtration Market: Growth Factors

The key factors that are augmenting the global market for pharmaceutical filtration are the growing production of large molecules and biologics, proliferation in the generics market, technological progress in nanofibers, and regulatory protocols for cleanrooms in the production of pharmaceuticals.

Other reasons for the increase in the global pharmaceutical filtration industry demand are development in biopharmaceutical companies and a rise in the expenditure on activities of research. There are various challenges that the global pharmaceutical filtration market is facing. Among them, one is the cost control pressures. For cost efficiency, the companies need to collaborate with committed suppliers owing to the several filters that are used during the production of APIs to increase revenue. Other factors that are hampering the market are the strict regulations that are implemented to validate the filtration process and the massive capital that is required to set up the new production facilities.

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Report Scope

Segmentation Analysis: Segmentation Analysis

The global pharmaceutical filtration market is segmented based on product, system, type, technique, application, scale of operation, and region.

Based on the product, the global market is bifurcated into membrane filters, prefilters & depth media, single-use systems, cartridges & capsules, filter holders, filtration accessories, and others. The membrane filters segment is expected to hold the largest market share over the forecast period due to the fast expansion of the pharmaceutical and biologics industries.

To increase their market share as much as possible, these companies are engaging in partnerships and collaborations. For instance, Novartis and Xencor Inc. collaborated strategically in June 2016 to provide Novartis with the right to create T-cell-engaging, bispecific antibodies for the treatment of B-cell and acute myeloid leukemia.

The production and development procedures, including sterile filtration and end-stage operations, frequently employ membrane filters. Thus, the need for cutting-edge medications and vaccinations is anticipated to expand significantly soon due to the rise in the occurrence of viral and chronic diseases including anthrax, measles, influenza, TB, and chickenpox. The CDC estimates that between 5 and 20 percent of Americans get the flu each year.

Based on the system, the market is segmented into single-use and reusable.

Based on the type, the market is segmented into sterile and non-sterile.

Based on the technique, the market is bifurcated into microfiltration, ultrafiltration, crossflow filtration, nanofiltration, and others. Microfiltration holds the largest revenue share over the forecast period. Macromolecules, colloids, and suspended particles can all be concentrated, purified, or separated from the solution using the pressure-driven separation technique known as microfiltration (MF). It is often employed to cold sterilize medications.

It has been demonstrated that adding heat reduces the efficacy of medications. To sterilize liquids without using heat, MF membranes are used in a process known as "cold sterilization" to eliminate bacteria and other undesirable substances. As pharmaceutical research and drug development have risen in recent decades, so has the utilization of microfiltration technology. As a result, microfiltration has taken center stage in pharmaceutical research and development, and demand for the technology is only going to grow in the coming years.

Based on the application, global pharmaceutical filtration is divided into final product processing, raw material filtration, cell separation, water purification, and air purification.

Based on the scale of operation, the global market is segmented into manufacturing scale, pilot-scale, and research & development scale. The manufacturing scale of operations retained the highest market share in 2021 as a result of the rise in the manufacture of biopharmaceuticals, generic medications, and vaccines that are used to treat a variety of ailments.

Due to the rising need for innovative biologics and therapeutic proteins for the treatment of chronic diseases, the manufacturing scale of operations is anticipated to flourish over the forecast period as well. The segment's expansion is anticipated to be aided by the increased prevalence of chronic disorders including cancer, arthritis, and diabetes.

The CDC reports that there are around 54 million arthritis patients in the United States. As a result, there is a significant need for downstream processing products that are effective and productive, which is expected to promote growth.

The global Pharmaceutical Filtration market is segmented as follows:

By Product

• Membrane Filters
• Prefilters & Depth Media
• Single-use Systems
• Cartridges & Capsules
• Filter Holders
• Filtration Accessories
• Others

By System

• Single Use
• Reusable

By Type

• Sterile
• Non Sterile

By Technique

• Microfiltration
• Ultrafiltration
• Crossflow Filtration
• Nanofiltration
• Others

By Application

• Final Product Processing
• Raw Material Filtration
• Cell Separation
• Water Purification
• Air Purification

By Scale of Operation

• Manufacturing Scale
• Pilot-scale
• Research & Development Scale

Browse the full “Pharmaceutical Filtration Market By Product (Membrane Filters, Prefilters & Depth Media, Single-use Systems, Cartridges & Capsules, Filter Holders, Filtration Accessories, and Others), By System (Single-Use and Reusable), By Type (Sterile and Non-Sterile), By Technique (Microfiltration, Ultrafiltration, Crossflow Filtration, Nanofiltration, and Others), By Application (Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, and Air Purification), By Scale of Operation (Manufacturing Scale, Pilot-scale, and Research & Development Scale), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/pharmaceutical-filtration-market

Competitive Landscape

Some of the main competitors dominating the global Pharmaceutical Filtration market include - 

• Danaher
• GE Healthcare
• GEA Group
• Graver Technologies
• Merck Millipore
• Parker Hannifin Corporation
• Repligen Corporation
• Sartorius Stedim Biotech
• Thermo Fisher Scientific
• 3M
• Eaton
• Antylia Scientific (Cole-Parmer)

 Key Insights from Primary Research:

• According to the analysis shared by our research forecaster, the Pharmaceutical Filtration market is likely to expand at a CAGR of around 16.5% during the forecast period (2023-2030).                  
• In terms of revenue, the Pharmaceutical Filtration market size was valued at around US$ 10.5 billion in 2022 and is projected to reach US$ 41.5 billion by 2030.
• Based on type segmentation, The membrane filters segment is expected to hold the largest market share over the forecast period due to the fast expansion of the pharmaceutical and biologics industries 2021
• Based on application segmentation, global pharmaceutical filtration is divided into final product processing, raw material filtration, cell separation, water purification, and air purification 2021
• On the basis of geography/region, The North American region contributed the most in 2021

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Key questions answered in this report:

• What is the market size and growth rate forecast for Pharmaceutical Filtration industry?
• What are the main driving factors propelling the Pharmaceutical Filtration Market forward?
• What are the leading companies in the Pharmaceutical Filtration Industry?
• What segments does the Pharmaceutical Filtration Market cover?
• How can I receive a free copy of the Pharmaceutical Filtration Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Product, By System, By Type, By Technique, By Application, By Scale of Operation, and By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

Throughout the time period covered by this estimate, North America is anticipated to have the majority share of the worldwide pharmaceutical filtration market. Both the United States and Canada have built and refined healthcare systems that are also quite well organized. Some countries also invest heavily in pharmaceutical research and development, which is another factor contributing to the high cost of healthcare in those countries.

The restrictions in this area attract a large number of enterprises from all over the world to set up shop in this area. Many of the world's largest pharmaceutical companies have their corporate headquarters and research facilities located in the United States. Research in the pharmaceutical industry requires the use of membrane chromatography; hence, there is a substantial demand in North America for the relevant technology and procedures.

Both the rising demand for biopharmaceuticals and the increased spending that biopharmaceutical companies in North America are doing on research and development (R&D) are likely contributing factors to this sizeable percentage increase.

On the other hand, due to the unrealized potential of the pharmaceutical filtration business in Asia Pacific, it is anticipated that this region will experience the greatest CAGR growth rate over the projection period. Because of the proliferation of pharmaceutical and biopharmaceutical companies, this area has experienced extraordinary economic expansion. In the manufacturing of medicines and biologics, contract manufacturing organizations (CMOs) and contract research organizations (CROs) have to make significant investments; however, regulatory requirements are becoming less stringent, which works in these organizations' favour and propels the expansion of the market.

The expansion of the industry is being driven in large part by major variables such as the development of healthcare infrastructure and the availability of enormous genetic pools.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

In January 2021, the 3M Petrifilm Plate Reader Advanced was unveiled by 3M Food Safety to speed up production and free up lab testing time. According to the company, food safety specialists may quickly and accurately visualize, count, and record microbial colonies on 3M Petrifilm Plates indication tests using automated technology.

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/pharmaceutical-filtration-market

FREQUENTLY ASKED QUESTIONS

• Which key factors will influence the pharmaceutical filtration market growth over 2022-2030?
• What will be the value of the pharmaceutical filtration market during 2022-2030?
• Which region will contribute notably towards the pharmaceutical filtration market value?
• Which are the major players leveraging the pharmaceutical filtration market growth?

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