Merck KGaA (Germany) and Danaher Corporation (US) are Leading Players in the Pharmaceutical Filtration Market
The pharmaceutical filtration market is projected to reach USD 26.2 billion by 2028 from USD 13.5 billion in 2023, at a CAGR of 14.2% during the forecast period of 2023 to 2028. Growth in the pharmaceutical filtration market can be attributed to factors such as the developing biopharmaceutical industry, maximized R&D spending in pharmaceutical & biotechnology industries, growing adoption of single-use technologies, heightening number of new product launches by leading market players, strict purity requirements in end user segments, and advances in nanofiber technology. On the other hand, issues such as membrane fouling, and the high capital investment required to set up new production facilities are expected to hinder market growth.
The global pharmaceutical filtration market is competitive, with Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), 3M (US), Thermo Fisher Scientific Inc. (US) together having a major share of the global market.
To know about the assumptions considered for the study download the pdf brochure
Merck KGaA is a leading player in the pharmaceutical filtration market. Merck Millipore has strengthened its market position by developing cutting-edge filtration solutions to cater to the needs of pharmaceutical companies, particularly to facilitate development of cell and gene therapy. The company has a variety of product offerings and a robust geographic presence.
Danaher Corporation is one of the prominent players in the pharmaceutical filtration market, company’s market position has strengthened since acquisition of Pall Corporation. Large-molecular capsules, membranes, vacuum devices, and syringe filters are some of the products offered by the company through its broad product portfolio. Strategic expansions and acquisitions, and expansions have positively impacted Danaher’s revenue generation capacity in the past fe years. Some of the acquisitions done by the company in the past few years include General Electric-Life Sciences (US), Servier Laboratories (France), Austar LifeSciences (China), and New Jersey Innovation Institute (US).
Sartorius AG is among the top 5 players in the pharmaceutical filtration market with a variety of pharmaceutical filtration products addressing the needs of CROs, CDMOs, and pharma & biopharma companies. Large-scale investment in R&D is the key attributive reason behind successful product launches. Further, strategic expansions have led to a strong geographic presence across both developed and developing regions.
Related Reports:
Pharmaceutical Filtration Market by Product (Membrane, Depth filter), System (Single use, Reusable), Technique (Microfiltration, Nanofiltration), Application (API, Vaccine, Antibody), Scale of Operation (Manufacturing, Pilot, R&D) - Global Forecast to 2028
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE
