Healthcare

According to a market report by Lucintel, the future of the tangential flow filtration market looks promising with opportunities in pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations (CMOs & CROs), and academic institutes & research laboratories. The global tangential flow filtration market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 11.4% from 2023 to 2028. The major drivers for this market are increasing demand for biopharmaceuticals for treating various disorders and degenerative diseases, growing adoption of single-use technologies, and rising investment by pharmaceutical companies.



In this market, single use systems, reusable systems, membrane films, and filtration accessories are the different product segments. Lucintel forecasts that membrane filters will remain the largest product segment over the forecast period due to increasing demand in the pharmaceutical industry as membrane filters offer accuracy, higher flow rate, less filtration time, and minimized cross-contamination.



Within this market, the pharmaceutical and biotechnology company segment is expected to record the highest growth due to increasing activity in drug discovery in pharmaceutical and biotechnology firms along with growing investments by companies to support the R&D efforts.



North America is expected to remain the largest region during the forecast period due to increase number of drug development projects, availability of advanced infrastructure for novel biologic activity, and encouraging government incentives for the growth of the TFF market in the region.

Danaher Corporation, Merck Millipore, Sartorius Stedim Biotech, Parker Hannifin Corporation, GE Healthcare, Alfa Laval, Novasep, Pendotech, and Spectrum Laboratories are the major suppliers in the global tangential flow filtration market.



Lucintel, a leading global strategic consulting and market research firm, has analysed growth opportunities in the global tangential flow filtration market by product, membrane material, technology, application, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Tangential Flow 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 trends and forecast for the global tangential flow filtration market by product, membrane material, technology, application, end use industry, 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 global tangential flow filtration market by product (single use systems, reusable systems, membrane films, and filtration accessories), membrane material (polyethersulfone, regenerated cellulose, and other materials), technology (ultrafiltration, microfiltration, nanofiltration, and others), application (protein purification, vaccine and viral vectors, antibody purification, raw material filtration, and others), end use industry (pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, academic institutes & research laboratories), 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 five years and what has its impact been on the industry?