Tangential Flow Filtration Market

Merck KGaA (Germany), Danaher Corporation (US) and Sartorius AG (Germany) are leading players in Tangential Flow Filtration market

The global Tangential Flow Filtration market is projected to reach USD 2.8 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 13.2% during the forecast period of 2022 to 2027. Growth in the tangential flow filtration market can be attributed to factors such as the growing advantages of tangential flow filtration over normal flow filtration, rising R&D spending in pharmaceutical & biotechnology industries, increasing adoption of single-use technologies, and the increased adoption of Good Automated Manufacturing Practice (GAMP). On the other hand, the high capital investments required to set up new production facilities are expected to hinder the market growth.

The global tangential flow filtration market is competitive, with Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), Parker Hannifin Corporation (US) together major share of the global market.

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Merck KGaA dominated the tangential flow filtration market in 2021. Merck Millipore has expanded its position as the most profitable technology and solutions supplier in the tangential flow filtration industry by offering leading-edge products for biotechnology & pharmaceutical companies and for the advancement of cell and gene therapy. With a strong geographic presence, a broad portfolio of tangential flow filtration products, and continuous expansion in developed as well as developing regions, the company is expected to grow at a high rate in the tangential flow filtration market during the forecast period.

Danaher Corporation is a prominent player in the tangential flow filtration market owing to its strong portfolio of filtration products, including membranes and systems. Danaher Corporation has witnessed a consistent increase in its revenue in the last three financial years. This increase can be attributed to strategic agreements, acquisitions, and expansions. For instance, in the last three years, Danaher has engaged in acquisitions and agreements with Austar Lifesciences (China), Servier Laboratories (France), New Jersey Innovation Institute (US), General Electric Life Sciences (US), and Sartorius AG (Germany).

Sartorius AG provides an extensive range of tangential flow filtration products for end users such as biopharmaceutical & pharmaceutical companies, CMOs, and CROs. The company has actively engaged in strategic expansions owing to the increasing demand for its products (especially with an increase in COVID-19 cases). During the past three years, Sartorius increased its geographic presence across China, the UK, South Korea, the US, Puerto Rico, and France through the establishment and expansion of manufacturing facilities and customer interaction centers to support the significant global demand for pharmaceutical filtration products, especially for the development and manufacturing of COVID-19 therapies and vaccines. With a strong geographic presence and continuous expansions in developed and developing regions, the company is expected to grow in the tangential flow filtration market at a high rate during the forecast period.

Related Reports:

Tangential Flow Filtration Market by Product (System, Membrane Filter), Material (PES, PVDF, PTFE), Technique (Ultrafiltration), Application (Final Product Processing, Raw Material Filtration), End User (Pharma, Biotech), Region - Global Forecast to 2027

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Report Code
BT 4615
RI Published ON
4/25/2022
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