The global Pharmaceutical FiltrationMarketwas valued at USD 13.65 billion in 2016 and is projected to reach USD 33.64billion by 2025, growing at a CAGR of 10.45% from 2017 to 2025.
Filtration and purification needs in the Pharmaceutical Manufacturing Industry are extensive and significant. The manufacturing of drugs and pharmaceutical products has increased with current healthcare scenario all over the globe. The market is thus expected to grow In coming years.
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Market Dynamics:
1. Market Drivers
1.1 Technological Advancements in Biologics and Large Molecules
1.2 Increasing Advancements in the Nanofiber Technology
1.3 Growing Generic Drug Production
1.4 Increasing Need for Clean and Safe Research and Manufacturing Environment
2. Market Restraints
2.1 Stringent Government Regulations
Market Segmentation:
1. Global Pharmaceutical FiltrationMarket, by Scale of Operation:
1.1 Manufacturing-Scale Operations
1.2 Pilot-Scale Operations
1.3 R&D-Scale Operations
2. Global Pharmaceutical FiltrationMarket, by Application:
2.1 Cell Separation
2.2 Water Purification
2.3 Air Purification
2.4 Raw Material filtration
2.4.1 Media and Buffer Filtration
2.4.2 Prefiltration
2.4.3 Bioburden Testing
2.5 Final product processing
2.5.1 Active Pharmaceutical Ingredient Filtration
2.5.2 Sterile Filtration
2.5.3 Protein Purification
2.5.4 Vaccine and Antibody Processing
2.5.5 Formulation and Filling Solution Filtration
2.5.6 Viral Clearance
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3. Global Pharmaceutical FiltrationMarket, by Technique:
3.1 Microfiltration
3.2 Ultrafiltration
3.3 Nanofiltration
3.4 Other Techniques
4. Global Pharmaceutical Filtration Market, by Product:
4.1 Membrane Filters
4.2 Single-Use Systems
4.3 Cartridge & Capsule Filters
4.4 Filter Holders
4.5 Filtration Accessories
4.6 Prefilters& Depth Media Filters
4.7 Other Products
5. Global Pharmaceutical Filtration Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Merck KGaA
2. GE Healthcare
3. Pall Corporation
4. Parker Hannifin Corporation
5. Sartorius Stedim Biotech S.A.
6. 3M Company
7. Eaton Corporation PLC
8. Amazon Filters Ltd.
9. Graver Technologies, LLC
10. Meissner Filtration Products, Inc.
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.