Pharmaceutical Filtration Market To Be Driven By Rising Prevalence Of Several Chronic Diseases Such As Arthritis,Diabetes Till 2025:Grand View Research,inc.
The global pharmaceutical filtration market is
expected to reach USD 37.3 billion by the year 2025 growing at a CAGR of 12.1%,
according to a new report by Grand View Research, Inc. The growing expansion of
the biopharmaceutical industry have resulted in enormous growth of the market
with new and more enhanced technologies being used to cater to the need of drug
manufacturers.
Increasing demand for therapeutic biopharmaceuticals such as
antibodies,hormones, and vaccines is a major factor that drives growth of the
market during forecast period. Thus, many pharmaceuticals and biotechnology
companies have begun to focus on the development of advanced biologics for the
treatment of severe chronic diseases including cancer, heart disease, and
rheumatic arthritis.
Increasing investment in the
R&D by pharmaceutical and biotechnology companies is another major factor
supporting the growth of the sector. Technological advancements in filtration
products is also expected to propel their adoption in manufacturing and
research of biopharmaceuticals and other drugs. The technological advanced
filters including membrane, pre-filters & depth media, and cartridges &
capsules filters provide high reliability and efficiency during drug
manufacturing process.
Browse full research report on Pharmaceutical Filtration
Market: http://www.grandviewresearch.com/industry-analysis/pharmaceutical-filtration-market
Further Key Findings From
The Report Suggest:
- Microfiltration is the fastest growing technique
amongst others owing to its large application in generic and
biopharmaceutical drug productions
- Final product processing was the largest
revenue-grossing as well as fastest growing segment of the pharmaceutical
filtration market, due to increase in number of companies engaged in
pharmaceuticals and biologics production
- Membrane filters held the largest revenue share in
the overall sector, which is attributed by its high usage in production,
research, environmental testing, and other applications in the
pharmaceutical industry
- MCE membrane filters accounted for the largest share
in the membrane filters segment, due to its product advancement
- The manufacturing scale dominated the market in terms
of revenue in 2016 owing to the increasing production of generic drugs and
biopharmaceutical products
- 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
- Some of the major players include Eaton Corporation
Plc; GE Healthcare, Parker Hannifin Corporation; Merck KGaA; Danaher
Corporation, 3M; Amazon Filters Ltd.; Sartorius Stedim Biotech S.A.;
Graver Technologies, LLC; and Meissner Filtration Products, Inc.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the global pharmaceutical
filtration on the basis of product, technique, application, scale of operation,
and region:
Product Outlook (Revenue, USD Million; 2014 - 2025)
- Membrane
filters
- MCE
membrane filters
- Coated
cellulose acetate membrane filters
- PTFE
membrane filters
- Nylon
membrane filters
- PVDF
membrane filters
- Other
membrane filters
- Prefilters
& depth media
- Glass
fiber filters
- PTFE
fiber filters
- Single-use
systems
- Cartridges
& capsules
- Filter
holders
- Filtration
accessories
- Others
Technique Outlook (Revenue, USD Million; 2014 - 2025)
- Microfiltration
- Ultrafiltration
- Cross
flow filtration
- Nanofiltration
- Others
Application Outlook (Revenue, USD Million; 2014 - 2025)
- Final
product processing
- Active
pharmaceutical ingredient filtration
- Sterile
filtration
- Protein
purification
- Vaccines
and antibody processing
- Formulation
and filling solutions
- Viral
clearance
- Raw
material filtration
- Media
buffer
- Pre-filtration
- Bioburden
testing
- Cell
separation
- Water
purification
- Air
purification
Scale of Operation Outlook (Revenue, USD Million; 2014 -
2025)
- Manufacturing
scale
- Pilot
scale
- Research
& development scale
Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- Japan
- China
- India
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-pharmaceutical-filtration-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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