Danaher Corporation (US) and Merck KGaA (Germany) are the Major Players in the Depth Filtration Market
The global depth filtration market is estimated to grow from USD 1.7 billion in 2019 to USD 2.9 billion by 2025, at a CAGR of 9.0% during the forecast period. The growth of this market is largely driven by factors such as increasing adoption of single-use technologies, focus on developing large-molecule biopharmaceuticals, and advantages such as low cost and ease of use are driving the adoption of depth filters. However, the requirement of high capital investments for setting up production facilities is expected to hamper the growth of the depth filtration market.
The major players operating in the depth filtration market include Merck (Germany), Danaher (US), Sartorius (Germany), 3M (US), and Parker Hannifin Corporation (US). These players have adopted various growth strategies, such as product launches, acquisitions, agreements, partnerships & collaborations, and expansion to increase their presence in the global depth filtration market.
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Danaher Corporation (US) is the leading player in the global depth filtration market owing to its broad range of products in depth filtration. The sale of the company’s separation, filtration, and purification technologies have witnessed high demand from the biopharmaceutical industry in Western Europe, North America, and other high-growth markets, particularly in the Asia Pacific region. The company is focusing on expanding its presence in Europe and the Asia Pacific region to maintain its leadership position.
Merck KGaA (Germany) has over 50 years of expertise with leading products in the market. The company has been providing depth filters and media in this market through its Millistak, Clarisolve, and Opticap series. Merck has expanded its position as the most profitable technology and solutions supplier in the depth filtration industry by offering leading-edge products for biotechnology and pharmaceutical companies
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