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Global Pharmaceutical Filtration Market to Reach US$ 29.7 Billion by 2027, Impelled by Rising Prevalence of Chronic Diseases

Published on Sep 26, 2022

According to the latest report by IMARC Group, titled "Pharmaceutical Filtration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global pharmaceutical filtration market reached a value of US$ 9.05 Billion in 2021. Pharmaceutical filtration is a process in which unwanted particles are separated from processed materials by passing them through a filtration membrane. Prefilters and depth media filters, cartridge and capsule filters, membrane filters, filter holders, and filtration accessories are critical in the filtration process for preventing infection and removing pollutants from solids, air, liquids, and gases, such as particulate matter and bacteria. This method aids in the separation of suspended particles from a solution or medium. Pharmaceutical filtration techniques are widely employed in various applications, including finished product processing, water treatment, input materials filtration, cell separation, and air purification.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Pharmaceutical Filtration Market Trends:

The global market is majorly driven by significant growth in the biopharmaceutical industry. In line with this, the increasing research and development expenditure in the pharmaceutical and biotechnology industries is positively influencing the market. Furthermore, the rising emphasis on biologics and their development for the treatment of various diseases are catalyzing the market. Apart from this, the growing prevalence of chronic diseases and the high demand for advanced therapeutic drugs to treat chronic diseases, such as cancer, diabetes, asthma, COPD, and arthritis, are propelling the market. Besides this, the production of novel biologics requires utmost sterility and zero risks of contamination which further necessitates the application of advanced filtration products to manufacture drugs and biologics. Additionally, the rapid adoption of innovative treatment therapies, such as therapeutic proteins, monoclonal antibodies, and vaccines, has boosted the uptake of filtration systems across various biotechnology and biopharmaceutical companies. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 29.7 Billion by 2027, exhibiting a CAGR of 22.2% during 2022-2027. 

Market Summary:

  • On the basis of the product, the market has been segmented into membrane filters (MCE, coated cellulose acetate, PTFE, nylon, PVDF, and other membrane filters), prefilters and depth media (glass and PTFE fiber filters), single-use systems, cartridges and capsules, filter holders, filtration accessories, and others.
  • Based on the technique, the market has been categorized into microfiltration, ultrafiltration, crossflow filtration, nanofiltration, and others.
  • On the basis of the application, the market has been classified into final product processing (active pharmaceutical ingredient filtration, sterile filtration, protein purification, vaccines and antibody processing, formulation and filling solutions, and viral clearance), raw material filtration (media buffer, pre-filtration, and bioburden testing), cell separation, water purification, and air purification.
  • On the basis of the scale of operation, the market has been segmented into manufacturing scale, pilot-scale, and research and development scale.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include 3M Company, Amazon Filters Ltd, Danaher Corporation, Eaton Corporation plc, General Electric Company, Graver Technologies LLC, Meissner Filtration Products Inc, Merck KGaA, Parker Hannifin Corporation and Sartorius AG.
     

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