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(MoneyNewsWire.Net, January 17, 2018 ) According to the report Pharmaceutical Filtration Market, published by Market Data Forecast, the market is projected to reach USD 22.71 billion by 2021, at a CAGR of 10.6% from 2016 to 2021.
Filtration is referred to the process of separating suspended particles from a medium by passing them through a membrane. It is a physical technique employed in various fields including the pharmaceutical industry. It is one of the processes used in the pharmaceutical industry. The filtration process can also be combined with other operations. It is different from sieving, where separation is carried out using a single perforated layer. This technique is used in many processes such as air filtration, bulk and solvent filtration, and water filtration.
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Pharmaceutical Filtration Market: Drivers & Restraints
Factors such as increase in production of various large molecules, strict cleanliness requirements in manufacturing facilities and rise in manufacture of vaccines due to incidence of various diseases such as chikungunya, dengue, and malaria are driving the pharmaceutical filtration market. Furthermore, technological advancement in filtration techniques, growth in the generic drugs market and an increase in R&D funding, are also fuelling the growth of the pharmaceutical filtration market. However, large capital requirement, and strict validation and qualification procedures in different countries are expected to hamper the pharmaceutical filtration market during the forecast period.
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Pharmaceutical Filtration Market: Segmentation
By product
Membrane filters
MCE Membrane filters
Coated Cellulose acetate membrane filters
PTFE membrane filters
Nylon membrane filters
PVDF membrane filters
Other membrane filters
Pre filters and depth media filters
Glass fibre filters
PTFE fibre filters
Single use systems
Cartridge and capsule filters
Filter holders
Filtration accessories
Other products
By technique
Microfiltration
Nano filtration
Ultrafiltration
Other techniques
By application
Final product processing
API filtration
Sterile filtration
Protein purification
Vaccine and antibody processing
Formulation and filling solution filtration
Viral clearance
Raw material filtration
Media and buffer filtration
Prefiltration
Bioburden testing
Cell separation
Water purification
Air purification
By scale of operation
Manufacturing scale
Pilot scale
R&D scale
From simple data collation through secondary and primary research toad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/pharmaceutical-filtration-market-2831/customize-report
Pharmaceutical Filtration Market: Overview
On the basis of product, the membrane segment accounted for the largest share of the market. It is also expected to grow at a high CAGR during the forecast period. By technique, microfiltration accounts for a major share of the technique segment. By application, the final product processing is expected to register the highest CAGR during the analysis period. By scale of operation, the manufacturing scale is expected to grow at an impressive rate.
Pharmaceutical Filtration Market: Region-wise Outlook
On the basis of geography, the market is analysed under various regions- North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America is the leading regional sector, which is accounted for the largest revenue share of the overall market in 2016, because of the presence of large number of pharmaceutical, biopharmaceutical, and biotechnology companies in this region. The Asia Pacific region is expected to grow at a highest CAGR during the forecast period due to escalating presence of drug manufacturers in the developing countries such as China and India.
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Pharmaceutical Filtration Market: Key Players
Some of the major companies dominating the market are Merck KGaA, Pall Corporation, GE Healthcare, 3M Company, Parker Hannifin Corporation, Sartorius Stedim Biotech S.A., Eaton Corporation PLC, Graver Technologies, LLC, Amazon Filters Ltd. and Meissner Filtration Products, Inc.
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