Pharmaceutical Filtration: Theory of Drug Production
Growing production of generics & biologics, reliable and efficient, the requirement for clean and bio-safe production facilities, advancements in nanofiber technology, R&D investments by pharmaceutical and biopharmaceutical companies and regulatory mandate for cGMP, manufacturing and research of biopharmaceuticals and other drugs are the major driving forces of pharmaceutical filtration market.
Global Pharmaceutical Filtration Market 2024
According to Goldstein Research, pharmaceutical filtration market size is set to reach USD 22.5 billion by 2024, at a CAGR of 11.1% over the forecast years owing to increasing investment in the R&D by pharmaceutical and biotechnology companies.
On the basis of application, final product processing lead the market as well as a fastest growing segment of the pharmaceutical filtration market due to increasing number of companies engaged in pharmaceuticals and biologics production.
Geographically, North America is the fastest growing pharmaceutical filtration market and projected to reach USD 9.9 billion by 2024 and tends to grow at the considerable CAGR over the forecast year owing to growing expansion of the biopharmaceutical industry.
Ultrafiltration: Laboratory & Industrial Scale Application
Ultrafiltration is a powerful separation tool for the rapidly growing biotechnology industry in cell harvesting, depyrogenation of injectable drugs, and enzyme purification. Ultrafiltration is better than centrifugation in terms of bacteria harvesting. A promising application of ultrafiltration is in plasma product manufacturing. Ultra-filter system is invented to match the need of pharmaceutical and biotechnology industry for multiple applications in presence of contamination-free environment. The aim is to achieve a reliable, safe and cost-efficient way to in manufacture ultrafilter membrane filters.
Global Pharmaceutical Filtration Market
This report contains a detailed overview of the global pharmaceutical filtration market in terms of market segmentation by product, technique, application and scale of operation.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Pharmaceutical Filtration Market report also provides competitive outlook for some of the major players which includes profiling of companies such as Eaton Corporation Plc; GE Healthcare, Parker Hannifin Corporation; Merck KGaA; Danaher Corporation, 3M; Amazon Filters Ltd.; Sartorius Stedim Biotech S.A.; Graver Technologies, LLC; and Meissner Filtration Products, Pall Corporation. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global pharmaceutical filtration market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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