The global pharmaceutical filtration market size was worth around USD 10.5 Billion in 2021 and is predicted to grow to around USD 41.5 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 16.5% between 2022 and 2030.
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➤ The market is experiencing development due to the increasing prevalence of chronic diseases worldwide.
The growth of chronic conditions on a global scale is one of the primary factors driving the pharmaceutical industry’s expansion. Advanced therapeutic medications are in high demand for the treatment of chronic disorders, such as cancer, diabetes, asthma, COPD, and arthritis. For example, the International Agency for Research on Cancer (IARC) estimated that in 2018, there were 17.0 million new cases of cancer and 9.5 million cancer-related fatalities worldwide.
➤ The market’s growth is restricted by the reduced pace and yield that result from the increased cost.
Sterilizing grade membrane filters are frequently implemented for the intermediate and final filtering of liquid medicinal formulations. However, over the past few decades, these filters have undergone accelerated development and enhancement, consequently enhancing their thermal and mechanical resistance. This is also a result of the increased efficacy of these filters, which has increased their price. Consequently, this serves as a significant impediment to the pharmaceutical filtration industry’s expansion.
➤ A lucrative opportunity is presented by technological advancements.
Technological advancements are driving the expansion of the pharmaceutical filtration industry. When it was time to construct a water treatment facility for its innovative pharmaceutical production facility, one of the largest global vaccine manufacturers opted to utilize membrane bioreactor (MBR) technology, as indicated by a July 2019 report.
➤ The stringent regulation and limitations of barrier-based filtration present a significant challenge.
The high costs of replacement and disposal are the primary disadvantages of barrier-based filtration. When this filter becomes obstructed by waste particulates, it must be replaced. This can accumulate expenses over time, including the expense of replacement filters and the amount of downtime necessary to remove and replace worn-out filters. In addition, it is essential to adhere to the binding regulations, such as PDA TR26, which establish stringent sterilization validation requirements. These regulations include the following: “Product sterilization may not be achieved with integral “sterilizing grade” filter cartridges” and “Sterilization of drug product should be validated.” The global pharmaceutical filtration market’s expansion is being impeded by these issues.
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The Global Pharmaceutical Filtration Market is segmented based on product, application and region
Global Pharmaceutical Filtration Market: Product Segment Analysis
● Membrane Filters
● Prefilters & Depth Media
● Single-use Systems
● Cartridges & Capsules
● Filter Holders
● Filtration Accessories
● Others
Global Pharmaceutical Filtration Market: Application Segment Analysis
● Final Product Processing
● Raw Material Filtration
● Cell Separation
● Water Purification
● Air Purification
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The global Pharmaceutical Filtration market profiles key players such as:
● Danaher
● GE Healthcare
● GEA Group
● Graver Technologies
● Merck Millipore
● Parker Hannifin Corporation
● Repligen Corporation
● Sartorius Stedim Biotech
● Thermo Fisher Scientific
● 3M
● Eaton
● Antylia Scientific
???? Recent Developments:
• Sartorius, a life science company, developed vacuum filtration devices in November 2021 to offer superior physical stability and faster, higher-capacity filtering for a diverse range of sample types. Sartolab RF|BT vacuum filtration devices are constructed for the purpose of studying and filtering small volumes, which range from 50 ml to one liter. The units achieve the highest flow rates by utilizing a low protein affinity membrane to minimize protein loss, a wide filter area, and enhanced membrane support for a small hold-up volume.
• 3M Food Safety introduced the 3M Petrifilm Plate Reader Advanced in January 2021 as a means of expediting production and reducing the amount of time required for laboratory testing. Automated technology enables food safety specialists to rapidly and precisely visualize, count, and record microbial colonies on 3M Petrifilm Plates indication tests, according to the company.
➤ The market is anticipated to be dominated by North America during the forecast period.
The global pharmaceutical filtration market is anticipated to be dominated by North America during the forecast period. The healthcare systems in the United States and Canada are well-organized and developed. These countries also invest in pharmaceutical research and development, which is a contributing factor to their elevated healthcare expenses.
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