Pharmaceutical Membrane Filtration Market worth $10.2 billion by 2025
The report "Pharmaceutical Membrane Filtration Market by Product (Filter, System), Technique (Microfiltration, Nanofiltration), Material (PES, PVDF, PTFE), Application (Final Product (Sterile Filtration), Raw Material, Cell Separation, Water) - Global Forecast to 2025", The global pharmaceutical membrane filtration market is expected to grow from USD 5.8 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 12.0% from 2020 to 2025. One of the key driving factors of the pharmaceutical membrane filtration (PMF) market include high investments in nanofiltration technology. Global investments in nanotechnology-related R&D have increased significantly over the years. Currently, the US, the European Union (EU), and Japan conduct the majority of nanotechnology research; China, South Korea, Ireland, and Israel are the emerging powers in this field.
Browse 326 market data Tables and 36 Figures spread through 248 Pages and in-depth TOC on "Pharmaceutical Membrane Filtration Market by Product (Filter, System), Technique (Microfiltration, Nanofiltration), Material (PES, PVDF, PTFE), Application (Final Product (Sterile Filtration), Raw Material, Cell Separation, Water) - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/pharmaceutical-membrane-filtration-market-255408031.html
Filters segment accounted for the largest share of the pharmaceutical membrane filtration market, by product, in 2019
On the basis of product, the pharmaceutical membrane filtration market is segmented into filters, systems, and accessories. In 2019, the filters segment accounted for the largest share of the pharmaceutical membrane filtration market. This can be attributed to the increasing demand for membrane filters in various applications, such as sterilizing, bioburden reduction, cell retention, particle collection, clarification and sterile filtration of aqueous solutions, particulate analysis, and microbiological analysis.
Final product processing segment accounted for the largest share of the pharmaceutical membrane filtration market, by application, in 2019
On the basis of application, the pharmaceutical membrane filtration market is segmented into final product processing, raw material filtration, cell separation, water purification, and air purification. Final product processing was the largest application segment in the pharmaceutical membrane filtration market in 2019. API filtration segment is the key contributor to this segment’s dominance. Membrane filters are used in all areas of the API production process, such as in the initial filtration of raw chemicals and solvents, purification of compounds, and particulate control of the finished API. In this process, it is necessary to choose the appropriate filter that is compatible with various chemicals and solvents used in API manufacturing.
In 2019, North America was the largest regional market for pharmaceutical membrane filtration
The global pharmaceutical membrane filtration market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2019, North America was the largest market for pharmaceutical membrane filtration, followed by Europe. North America is the largest market for pharmaceutical and biopharmaceuticals. This can be attributed to increasing productivity and efficiency in biopharmaceutical manufacturing processes and the adoption of membrane filters and membrane systems in separation and purification process are also expected to support the growth of the membrane filtration market in this region.
The major companies operating in the pharmaceutical membrane filtration market include Merck (Germany), Danaher (US) and Sartorius Stedim Biotech (France).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Pharmaceutical Membrane Filtration Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
