[Latest] Global Pharmaceutical Membrane Filtration Market Size/Share Worth USD 27,620 Million by 2033 at a 13.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Pharmaceutical Membrane Filtration Market Size, Trends and Insights By Product (Membrane Filters, Systems, Other Products), By Technique (Microfiltration, Ultrafiltration, Nanofiltration, Other Techniques), By Application (Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, Air Purification), By Type (Sterile Filtration, Non-Sterile Filtration), By Scale of Operation (Manufacturing-Scale Operation, Pilot-Scale Operation, R&D-Scale Operation), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Pharmaceutical Membrane Filtration Market size & share was valued at approximately USD 10,100 Million in 2023 and is expected to reach USD 11,450 Million in 2024 and is expected to reach a value of around USD 27,620 Million by 2033, at a compound annual growth rate (CAGR) of about 13.4% during the forecast period 2024 to 2033.”
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Pharmaceutical Membrane Filtration Market: Growth Factors and Dynamics
- Increasing Pharmaceutical Production: The growing demand for pharmaceutical products, such as vaccines, biologics, and biosimilars, increases the need for efficient filtering methods to maintain product purity and safety.
- Technological Advancements: Innovations in membrane filtration technologies, such as the development of new materials and procedures, improve the efficiency, selectivity, and durability of filtration membranes, resulting in market expansion.
- Stringent Regulatory Standards: Regulatory authorities such as the FDA and EMA set tight restrictions for medication production processes, including filtration requirements. Compliance with these standards needs improved filtering solutions, which drives market demand.
- Growth of Biopharmaceuticals: The growing emphasis on biopharmaceuticals, such as monoclonal antibodies, recombinant proteins, and cell treatments, need specialized filtration processes to handle complex biological products.
- Water and Wastewater Treatment: In the pharmaceutical industry, water used in production must meet high purity standards. The need for effective water and wastewater treatment systems, which often rely on membrane filtration, supports market growth.
- Expansion in Developing Regions: Growing pharmaceutical manufacturing capabilities in developing regions like Asia-Pacific, Latin America, and Africa drive the demand for advanced filtration technologies to ensure high-quality production.
- Rising Incidences of Chronic Diseases: The global growth in chronic diseases such as diabetes, cancer, and cardiovascular diseases raises the need for pharmaceuticals, hence increasing the need for membrane filtration in drug manufacturing.
- Environmental Concerns and Sustainability: The pharmaceutical industry’s focus on reducing its environmental footprint promotes the adoption of membrane filtration systems that offer efficient and sustainable solutions for waste management and resource recovery.
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Pharmaceutical Membrane Filtration Market: Facility expansion and product launch
- In October 2023, Cytiva (US) announced the opening of a 33,000 ft2 manufacturing plant in Pune, India. The new plant will produce bioprocessing equipment including tangential flow, viral filtering, and inactivation systems.
- In March 2023, Parker Hannifin, a motion and control technology company, established a new Bioscience Filtration plant in Birtley, United Kingdom. This facility was established to increase the company’s manufacturing capacity and meet the growing demand from the pharmaceutical, biopharmaceutical, and food and beverage industries.
- In May 2022, Merck, a scientific and technology company, announced a new development of membrane and filtering production capabilities in Ireland. The business has invested $481.26 billion to expand its membrane manufacturing capacity in Carrigtwohill and open a new manufacturing plant at Blarney Business Park, both in Cork, Ireland.
- In November 2023, Repligen Corporation (US) introduced a holder-free, self-contained tangential flow filtration (TFF) device to develop downstream flat sheet TFF technology for ultrafiltration and diafiltration (UF/DF).
- In December 2023, TeraPore Technologies, a company that specialises in nanofiltration membranes, created the IsoBlock VF product line, which is specifically designed to remove parvovirus from pharmaceuticals.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 11,450 Million |
| Projected Market Size in 2033 | USD 27,620 Million |
| Market Size in 2023 | USD 10,100 Million |
| CAGR Growth Rate | 13.4% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product, Technique, Application, Type, Scale of Operation and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
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(A free sample of the Pharmaceutical Membrane Filtration report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
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- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
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(Please note that the sample of the Pharmaceutical Membrane Filtration report has been modified to include the COVID-19 impact study prior to delivery.)
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Pharmaceutical Membrane Filtration Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Pharmaceutical Membrane Filtration Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Supply Chain Disruptions: The pandemic developed severe disruptions in worldwide supply chains, reducing the availability of raw materials and components used to manufacture membrane filtration products. This resulted in delays and higher costs.
- Operational Challenges: Lockdowns, social distancing measures, and shortages of workers all created operational issues for manufacturers. These problems occasionally resulted in lower manufacturing capacity and efficiency.
- Economic Uncertainty: The economic downturn caused by the pandemic led to budget constraints and reduced spending in some sectors. While the pharmaceutical industry saw growth, other industries that use membrane filtration experienced contractions, impacting overall market dynamics.
- Regulatory Hurdles: The rapid pace of vaccine and drug development introduced new regulatory challenges. Companies had to navigate evolving guidelines and ensure compliance, which sometimes slowed down the adoption of new filtration technologies.
- Increased Demand for Filtration Products: The pandemic has driven a surge in the production of vaccines, drugs, and other medical supplies, leading to heightened demand for membrane filtration technologies used in the purification and sterilization processes.
- Technological Advancements: The urgent need for efficient and scalable production of medical treatments has accelerated innovation and the adoption of advanced filtration technologies. This includes the development of more efficient membranes and filtration systems that enhance productivity and ensure higher purity levels.
- Government and Private Sector Investments: Increased funding and support from governments and private entities for pharmaceutical research and production have bolstered the market. Investments in building and upgrading manufacturing facilities have expanded the market for membrane filtration products.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Pharmaceutical Membrane Filtration Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
- What is the size of the Pharmaceutical Membrane Filtration market and what is its expected growth rate?
- What are the primary driving factors that push the Pharmaceutical Membrane Filtration market forward?
- What are the Pharmaceutical Membrane Filtration Industry's top companies?
- What are the different categories that the Pharmaceutical Membrane Filtration Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Pharmaceutical Membrane Filtration market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Pharmaceutical Membrane Filtration Market – Regional Analysis
The Pharmaceutical Membrane Filtration Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: The growth of the Pharmaceutical Membrane Filtration Market in North America is driven by stringent regulatory standards for drug safety, increasing demand for biologics and generic drugs, advancements in membrane technology, and the expansion of pharmaceutical manufacturing capabilities. Additionally, the rise in chronic diseases and aging population boosts the need for effective filtration processes.
- Europe: Key trends driving the growth of the pharmaceutical membrane filtration market in Europe include increasing biopharmaceutical production, stringent regulatory standards for drug purity, advancements in membrane technology, rising demand for generic drugs, and the growing bioprocessing sector. These factors are fuelling the adoption of membrane filtration to ensure high-quality pharmaceutical products.
- Asia-Pacific: The growth of the Pharmaceutical Membrane Filtration Market in Asia-Pacific is driven by increased pharmaceutical and biopharmaceutical production, rising demand for generics and biologics, advancements in filtration technologies, and stringent regulatory standards for drug safety and quality. Additionally, growing healthcare expenditure and investments in research and development bolster market expansion in this region.
- LAMEA (Latin America, Middle East, and Africa): Key trends supporting the growth of the Pharmaceutical Membrane Filtration Market in LAMEA include increasing pharmaceutical and biopharmaceutical production, growing demand for high-quality, contamination-free products, advancements in membrane filtration technology, rising investments in healthcare infrastructure, and expanding regulatory requirements for drug safety and efficacy. Additionally, increasing adoption of single-use technologies drives market expansion in the region.
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List of the prominent players in the Pharmaceutical Membrane Filtration Market:
- Merck KGaA
- Danaher Corporation
- Sartorius AG
- Thermo Fisher Scientific Inc.
- 3M Company
- Parker Hannifin Corporation
- Repligen Corporation
- Asahi Kasei Corporation
- Eaton Corporation plc
- GEA Group
- Corning Incorporated
- Alfa Laval Corporate AB
- Donaldson Company Inc.
- Saint-Gobain
- MANN+HUMMEL International GmbH & Co. KG
- Meissner Filtration Products Inc.
- Cole-Parmer Instrument Company LLC
- Cantel Medical Corp.
- L. Gore & Associates Inc
- Others
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The Pharmaceutical Membrane Filtration Market is segmented as follows:
By Product
- Membrane Filters
- Systems
- Other Products
By Technique
- Microfiltration
- Ultrafiltration
- Nanofiltration
- Other Techniques
By Application
- Final Product Processing
- Raw Material Filtration
- Cell Separation
- Water Purification
- Air Purification
By Type
- Sterile Filtration
- Non-Sterile Filtration
By Scale of Operation
- Manufacturing-Scale Operation
- Pilot-Scale Operation
- R&D-Scale Operation
Click Here to Get a Free Sample Report of the Global Pharmaceutical Membrane Filtration Market @ https://www.custommarketinsights.com/report/pharmaceutical-membrane-filtration-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Pharmaceutical Membrane Filtration Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Pharmaceutical Membrane Filtration Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Pharmaceutical Membrane Filtration Market? What Was the Capacity, Production Value, Cost and PROFIT of the Pharmaceutical Membrane Filtration Market?
- What Is the Current Market Status of the Pharmaceutical Membrane Filtration Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Pharmaceutical Membrane Filtration Market by Considering Applications and Types?
- What Are Projections of the Global Pharmaceutical Membrane Filtration Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Pharmaceutical Membrane Filtration Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Pharmaceutical Membrane Filtration Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Pharmaceutical Membrane Filtration Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Pharmaceutical Membrane Filtration Industry?
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Reasons to Purchase Pharmaceutical Membrane Filtration Market Report
- Pharmaceutical Membrane Filtration Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Pharmaceutical Membrane Filtration Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Pharmaceutical Membrane Filtration Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Pharmaceutical Membrane Filtration Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Pharmaceutical Membrane Filtration market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Pharmaceutical Membrane Filtration market analysis.
- The competitive environment of current and potential participants in the Pharmaceutical Membrane Filtration market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Pharmaceutical Membrane Filtration market should find this report useful. The research will be useful to all market participants in the Pharmaceutical Membrane Filtration industry.
- Managers in the Pharmaceutical Membrane Filtration sector are interested in publishing up-to-date and projected data about the worldwide Pharmaceutical Membrane Filtration market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Pharmaceutical Membrane Filtration products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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