The global pharmaceutical membrane filtration market is expected to grow at a compound annual growth rate (CAGR) of 12% from 2020 to 2025 to reach $10.2 billion by 2025, according to a new report by MarketsandMarkets. Key factors driving this growth include the increasing adoption of nanofiltration technology and opportunities for geographical expansion.
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Nanofiltration offers pharmaceutical companies greater flexibility, control, cost-effectiveness, lower energy usage, and durability compared to other filtration techniques. Nanofilters can meet stringent separation and purification requirements in liquid pharmaceutical applications like sterile filtration, reverse osmosis, and ultrafiltration. Their advantages are expected to drive significant implementation over the forecast period.
Geographical expansion also presents an important growth avenue. Emerging pharmaceutical markets like China, India, and Singapore offer lenient regulatory environments compared to mature markets. As a result, leading players are establishing operational bases in these countries to leverage their low-cost manufacturing and attractive R&D conditions.
In terms of products, the membrane systems segment is estimated to register the highest CAGR over the forecast period thanks to rising demand for fully automated systems with touch panels. Meanwhile, the final product processing segment will account for the largest share due to increasing biopharmaceutical API manufacturing.
By technique, microfiltration dominated the market in 2019 as one of the most widely utilized separation methods for organic compounds and bacteria. Based on materials, polyethersulfone (PES) membranes are expected to occupy the greatest share owing to their hydrophilic nature, low protein-binding properties, and alkaline pH stability.
Over the coming years, Asia Pacific is poised to be the fastest growing geographical market. The rapid growth of pharmaceutical industries in China and India as well as comparative ease of regulatory barriers make these ideal manufacturing and R&D hubs.
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Key players operating in the global pharmaceutical membrane filtration space include Merck, Danaher, Sartorius Stedim Biotech, and 3M Company. These companies are focused on facility expansions as well as collaborations and partnerships to consolidate their positions.
North America was the largest regional market for pharmaceutical membrane filtration
The global pharmaceutical membrane filtration market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2019, North America was the largest market for pharmaceutical membrane filtration, followed by Europe. The large share of North America can be attributed to several factors, such as the presence of key biopharmaceutical manufacturing facilities in the region and the significant spending on research and development activities in the US.
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