December 03, 2020
According to the research report titled ‘Global Sterile Filtration Market Size study, by Product ( Angioplasty Balloons, Cartridge filters, Capsule filters, Membranes, Syringe filters, Bottle-top & table-top filtration systems, Accessories), by Membrane Pore Size (2–0.22 µm, 45 µm, 1 µm), by Membrane Type (Polyethersulfone (PES), Polyvinylidene difluoride (PVDF), Nylon, Polytetrafluoroethylene (PTFE), Mixed cellulose ester & cellulose acetate (MCE & CA), Other materials), By Application (Fill-finish processes, Buffer filtration & cell culture media preparation, Bioburden reduction, Water purification, Air filtration), By End-User ( Pharmaceutical companies, Biopharmaceutical companies, Food & beverage companies, CMOs & CROs, Academic institutes & research laboratories) and Regional Forecasts 2020-2027‘, available with Market Study Report LLC, global sterile filtration market was valued at USD 4.7 billion in 2019 and is expected to accrue a CAGR of 8.2% through 2027.
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Based on end-user scope, global sterile filtration market is segmented into CMOs & CROs, pharmaceutical companies, food & beverage companies, biopharmaceutical companies, and academic institutes & research laboratories. With regards to application spectrm, the industry is bifurcated into bioburden reduction, water purification, buffer filtration & cell culture media preparation, air filtration, and fill-finish processes.
Speaking of membrane type, global sterile filtration industry is bifurcated into polytetrafluoroethylene (PTFE), polyethersulfone (PES), nylon, polyvinylidene difluoride (PVDF), mixed cellulose ester & cellulose acetate (MCE & CA), and other. With respect to membrane pore size, the industry is bifurcated into 1 µM, 45 µM, and 2–0.22 µM. Considering the product terrain, the industry is bifurcated into capsule filters, bottle-top & table-top filtration systems, angioplasty balloons, membranes, cartridge filters, syringe filters, and accessories.
From a regional frame of reference, global sterile filtration market is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. North America market is expected to accrue significant growth during the forecast period, mainly due to presence of abundant pharmaceutical, biotechnology, and food & beverage companies as well as well-established healthcare sector in the region.
Meanwhile, Asia Pacific sterile filtration industry is predicted to register highest growth rate over 2020-2027, owing to rising expenditure in R&D activities, increasing prevalence of diseases, growing pharmaceutical research & development of new biologics.
Major players operating in global sterile filtration market include Danaher Corporation, GE Healthcare, Merck Group, Parker Hannifin Corporation, Thermo Fisher Scientific Inc., Sterlitech Corporation, 3M Company, Sartorius AG, Porvair Filtration Group Inc., and Alfa Laval AB.