Global Sterile Filtration Market to record 8.2% CAGR over 2020-2027

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.
 

Global sterile filtration market is expected to witness notable growth owing to reliability of sterile filters for removing microorganisms and particles from gases or liquids. Further, several benefits as compared to non-sterile filters, high demand for pure water in end-use industries, and rising emphasis on making large-molecule biopharmaceutical drugs are propelling the industry growth. Moreover, adoption of several business strategies such as product launch, mergers and acquisition, partnerships and agreements, investment, funding and others, by major companies is poised to positively impact the global sterile filtration market growth.

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Meanwhile, innovation and subsequent utilization of advanced sterile filters is likely to create opportunities for the market growth over the forecast period. However, high price sensitivity among end--user companies is a major factor expected to hamper the global sterile filtration industry growth.

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.

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