, September 08, 2017 ) Global Sterile Filtration Market
was worth USD 4.5 billion in 2016 and estimated to be growing at a CAGR of 12.5%, to reach USD 8.11 billion by 2021.
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Filtration makes the products are purified adequately and suitable for consumption and also helps to optimize process economics and avoid loss of valuable products. It is an important operation in the pharmaceutical industry. Fluids such as drug products that would be damaged by heat, chemical sterilization or irradiation can be sterilized by microfiltration using different membrane filters. This method is commonly used for protein solutions in medical drug processing and heat labile pharmaceuticals.
A microfilter with pore size 0.2 ΅m will usually effectively remove microorganisms in the processing of biologics, viruses must be removed, requiring the use of Nano filters with a smaller pore size (20-50 nm) are used. Smaller pore sizes lower the flow rate. So, in order to achieve higher total throughput to avoid premature blockage, pre-filters might be used to protect small pore membrane filters. Membranes filters are used in production process are commonly made from materials such as mixed cellulose ester or Polyether sulfone (PES). Now-a-days, Sterile Filtration is commonly used in Pharmaceutical & biotechnology companies.
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The drivers for the growth of Global sterile filtration market are growth in the biopharmaceutical industry, Increase in R&D spending, growing production of large molecules and biologics, growth in the generics market, rising incidence of diabetes & kidney failure, growing demand for biopharmaceutical molecules, increasing purity requirement in end-user market. However, stringent government regulations for validation of filtration process are the major factor restraining the growth of this market.
The Global sterile filtration market by product, application, membrane pore size, end-user and geography. By product, the market can be segmented into membrane filters, bottle-top vacuum filters, cartridges & capsules, syringe filters, filtration accessories and filter holders. The membrane filters segment is further segmented into MCE, coated cellulose acetate, PTFE, PVDF, PES and nylon filter membranes. Furthermore, the application can be segmented into bioprocesses, cell culture growth media fill-finish process, utilities filtration, pre-filtration, virus filtration. By membrane pore size, the market can be segmented into 0.22, 0.45, and 0.1 microns. On the basis of End-user, the segment included are pharmaceutical & biotechnology companies, food & beverage industry, academic institutes & research laboratories, and water filtration companies. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Middle-East and Africa and Latin America.
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In the product segment, the membrane filters accounted for the largest share of the Global Sterile Filtration market in 2016. Large share of this segment can primarily be attributed to the increasing use of membrane filters for various filtration applications and higher frequency of purchase of these filters as compared to cartridges & capsules, syringe filters, and bottle-top vacuum filters. North America is expected to account for the largest share in the Global sterile filtration market in 2016. Asia Pacific is expected to register the fastest growth in the forecast period. Growth in this market can be attributed to the increase in R&D spending, rising prevalence of chronic kidney disease (CKD) and kidney failure, and development of new biologics and growing pharmaceutical research. Pharmaceutical & biotechnology segment dominated the global market with largest share in 2016.
Sterile Filtration Market Segmentation:
ii. Coated cellulose acetate
vi. Nylon filter membranes
Bottle-top vacuum filters
cartridges & capsules
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Cell Culture Growth Media
Membrane Pore Size
Y-o-Y Growth Analysis, By Membrane Pore Size
Market Attractiveness Analysis, By Membrane Pore Size
Market Share Analysis, By Membrane Pore Size
Pharmaceutical & biotechnology companies
Food & beverage industry
Academic institutes & research laboratories
Water filtration companies
Y-o-Y Growth Analysis, By End user
Market Attractiveness Analysis, By End user
Market Share Analysis, By End user
The scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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