Healthcare

According to a market report by Lucintel, the future of the pharmaceutical filtration market looks promising with opportunities in the final product processing, raw material filtration, cell separation, water purification, and air purification applications. The global pharmaceutical filtration market is expected to reach an estimated $31.1 billion by 2028 with a CAGR of 18.5% from 2023 to 2028. The major drivers for this market are rapidly growing biopharmaceutical industry; increasing cases of chronic diseases are influencing the need for advanced pharmaceutical products, and growing investments in research and development of biologics.



In this market, microfiltration, ultrafiltration, crossflow filtration, and nanofiltration are the major segments of pharmaceutical filtration market by technique. Lucintel forecasts that microfiltration will remain the largest segment over the forecast period because it is highly used in removing big particles from liquid feed streams like proteins and yeast. 



Within this market, final product processing is expected to remain the largest segment due to the extensive use of filters for the purification of proteins, processing of vaccines and antibodies, and removal of viruses. 



North America will remain the largest region due to increasing number of drug development related projects and presence of bio manufacturing plants in the region.

Eaton, Merck, Amazon Filters, GE Healthcare, Parker Hannifin, and 3M are the major suppliers in the global pharmaceutical filtration market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global pharmaceutical filtration market by product, system, type, technique, scale of operation, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Pharmaceutical Filtration Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global pharmaceutical filtration market by product, system, type, technique, scale of operation, application, and region, as follows:

 

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the pharmaceutical filtration market by product (membrane filter, prefilter & depth media, single-use system, cartridges & capsule, filter holder, filtration accessories, and others), system (single use and reusable), type (sterile and non sterile), technique (microfiltration, ultrafiltration, crossflow filtration, nanofiltration, and others), scale of operation (manufacturing scale, pilot-scale, and research & development scale), application (final product processing, raw material filtration, cell separation, water purification, and air purification), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?