""Sterile Filtration Market is valued at USD 3.91 Billion in 2018 and expected to reach USD 6.40 Billion by 2025 with the CAGR of 7.28% over the forecast period.""
Global Sterile Filtration Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Rapid expansion of pharmaceutical industry, increasing demand for biotechnology processes, significant improvements in sterilizing grade filters over traditional filters and growing need for efficient operation in food & beverage industry driving the growth of the Global Sterile Filtration Market.
A sterile filtration refers to the process of eliminating microorganisms from a fluid stream to ensue a product quality. Sterile filtration is usually utilized for microbial removal and it plays an important role in ensuring product sterility. It is available in multiple pore size ranging from larger pore sizes to small one that to be used on samples. It is used for many applications such as with sensitive components that may degrade when exposed to autoclave temperatures, filtering samples needs to be prevented microbial growth during storage and filtering a biologic sample for analytical analysis to protect the instrument from microbial contamination. Sterilizing grade filters contains very thin membrane that functions as a sterile barrier. Sterile filtration is necessary to remove harmful particles to improvise the safety and efficacy of a biologic.
Global sterile filtration market is segmented on the basis of product, end-user, application and region. By product the market is classified into membrane, capsules filters, cartridge filters, syringe filters, bottle-top & table-top filtration systems and accessories. Based on end-user, the market is classified into pharmaceutical companies, biopharmaceutical companies, food & beverage companies, academics institutes & research laboratories, CMOS & CROS. On the basis of application, the market is classified into fill-finish processes, bio burden reduction, buffer filtration & cell culture media preparation, water purification and air filtration.
The regions covered in this sterile filtration market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of sterile filtration market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key players of the Sterile Filtration market are,
Global Sterile Filtration Market Dynamics-
Rapid expansion of pharmaceutical industry, increasing demand for biotechnology processes, significant improvements in sterilizing grade filters over traditional filters and growing need for efficient operation in food & beverage industry are some of the key factors driving the growth of global sterile filtration market. Sterile filtration is increasingly utilized as one of the unit operations of pharmaceutical technology, as it can be simultaneously combined with other unit operations to process the feed stream. From the last few years, the biopharmaceutical market has grown at a compound rate of around 7.4%, compared with 2.0% for all other drugs. In addition, global biopharmaceutical market was around USD 197 billion in 2017. Sterilizing filtration is now become the most important application in pharmaceutical manufacturing to be used for the prevention of microbial contamination. In addition, increasing the bioburden of unfiltered product in the manufacturing process is another key factor fostering the market growth. However, manufacturers should meet all the government requirements while producing sterile filtration which may impede the growth of this market.
North America is Expected To Dominate the Global Sterile Filtration Market.
North America is expected to account for the largest market share in global sterile filtration market due to the increasing research based activities on biopharmaceutical drugs, widespread presence of multi-national pharmaceutical companies and rise in spending on medicines in this region. For example; in 2017 North America accounted for around 48.1% of world pharmaceutical sales compared with 22.2% for Europe. Asia pacific is emerging as the fastest growing region in sterile filtration market owing to the increasing annual sales of biopharmaceutical drugs coupled with rising proportion and government’s focus of safeguarding the pharmaceutical product. In 2014, the R&D intensity by the research based pharmaceutical industry in Japan amounted for about 13.3%.
Key Benefits for Global Sterile Filtration Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Regional & Country Analysis:
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