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(MoneyNewsWire.Net, October 25, 2017 ) The Europe Pharmaceutical Filtration Market was worth USD 3.89 billion in 2016 and estimated to be growing at a CAGR of 8.7%, to reach USD 5.90 billion by 2021. The market is expected to expand at a fast rate during the forecast period. Filtration is a process that helps separate suspended particles from a medium by passing them through a membrane. It is a physical separation technique used in various industries. A multi-layer lattice is generally used and used for various processes like air and water filtration.
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Factors such as technological advancements, presence of large number of prominent players, and rise in manufacture of generic drugs and biopharmaceutical products are augmenting the pharmaceutical filtration market Europe. Increasing demand for therapeutic biopharmaceuticals such as antibodies, hormones, and vaccines is a major factor that drives growth of the pharmaceutical filtration market during forecast period. However, large capital requirement, and strict validation and rules are expected to hamper the growth of the market.
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The Europe market for Pharmaceutical Filtration is segmented by product, technique, application and scale of operation. By product, it is further segmented into Membrane filters (MCE membrane filters, coated cellulose acetate membrane filters, nylon membrane filters, PTFE membrane filters, PVDF membrane filters and other membrane filters) , Prefilters and Depth media filters( Glass fibre filters, PTFE fibre filters) , Single use systems, Cartridge& Capsule filters, Filter holders, filtration accessories and other products. The membrane filters segment accounted for the largest share of the market. This segment is also expected to register the highest CAGR during the forecast period. By technique it is further classified into Microfiltration, Ultra filtration, Nanofiltration and other techniques. The microfiltration segment dominates the market due to its various applications like removal of bacteria and removal of unwanted suspensions. By application, it is further classified into Final product processing (API Filtration, Sterile filtration, Protein purification, Vaccine and antibody processing, formulation and filling solution filtration and viral clearance), Raw material filtration (Media and buffer filtration, prefiltration and bio burden testing), Cell separation, Water purification and Air purification. The final product processing segment is expected to register the highest CAGR during the forecast period. By scale of operation it is segmented into Manufacturing scale, Pilot scale and R&D sector. The manufacturing scale segment is expected to register the highest growth during the forecast period. The high growth can be attributed to the growth in the biopharmaceutical industry.
Europe Pharmaceutical Filtration Market Geographical Analysis
• U.K
• Spain
• Germany
• Italy
• France
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Europe Pharmaceutical Filtration Market Leaders' Analysis
• GE Healthcare
• Merck KGaA
• Pall Corporation
• 3M Company
• Parker Hannifin Corporation
• Sartorius Stedim Biotech S.A.
• Eaton Corporation PLC
• Amazon Filters Ltd.
• Meissner Filtration Products, Inc
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