The global pharmaceutical filtration market is projected to reach $31.1 billion by 2028, at a CAGR of 18.5% during 2023-2028. The growth of pharmaceutical filtration market is driven by rapidly growing biopharmaceutical industry, increasing cases of chronic diseases are influencing the need for advanced pharmaceutical products, and growing investments in research and development of biologics.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the pharmaceutical filtration market by product (membrane filter, prefilter & depth media, single-use system, and others), system (single use and reusable), type (sterile and non sterile), technique (microfiltration, ultrafiltration, and others), scale of operation (manufacturing scale, pilot-scale, and research & development scale), application (final product processing, raw material filtration, cell separation, and others), and region?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the pharmaceutical filtration market?
Q.4 What are some changing demands of customers in the pharmaceutical filtration market?
Q.5 What are the new developments in the pharmaceutical filtration market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this pharmaceutical filtration area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this pharmaceutical filtration market?
Based on technique, the pharmaceutical filtration market is segmented into microfiltration, ultrafiltration, and others. The microfiltration segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it is highly used in removing big particles from liquid feed streams like proteins and yeast.
North America will remain the largest region due to increasing number of drug development related projects and presence of bio manufacturing plants in the region.
Key Players in the pharmaceutical filtration market are Eaton, Merck, Amazon Filters, GE Healthcare, Parker Hannifin, and 3M.
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