Will TFF Technology Lead to Microfiltration and Ultrafiltration Applications in the SUB Market? | Arizton

The launch of new products as the customer requirements will help vendors boost their profitability in the global SUB market.

Arizton’s recent market research report on the global SUB market identifies Thermo Fisher Scientific, Sartorius Stedim Biotech, Merck KGaA, Danaher, GE Healthcare, and Avantor as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by product (simple & peripheral devices and single-use bioprocessing equipment), by application (filtration, storage & transfer, cell culture, mixing, and purification), by end-users (biopharmaceuticals manufacturing companies, CMOs, and R&D companies & research institutes), and by geography (North America, Europe, APAC, Latin America, and MEA).

The global SUB market is projected to reach values of approximately $7 billion by 2024, growing at a CAGR of more than 14% during 2018-2024.

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The global SUB market is divided into three major segments that include product, application, end-users, and geography.

Filtration segment to grow at the fastest CAGR in the global SUB market during the forecast period

The global SUB market by application is classified into filtration, storage & transfer, cell culture, mixing, and purification. Filtration segment dominated more than 1/3rd market share in 2018, growing at a CAGR of approximately 12% during the forecast period. The increasing usage of single-use filtration systems that minimizes the cleaning and potential cross-contamination between experimental batches is driving the growth of this segment. The growing adoption of TFF technology that offers superior and advanced filtration technology will augment the development of the global SUB market. The TFF technology offers a wide range of benefits in the form of microfiltration and ultrafiltration applications in bioprocessing in the single-use bioprocessing (SUB) market. The leading vendors are investing in the development of innovative and advanced single-use filtration devices as per end-user requirements to gain a larger global market share. For instance, Sartorius Stedim Biotech launched VirosartHF single-use powerful and compact filter for monoclonal antibody bioprocessing, and this filter is designed to eliminate expensive sanitization as well as minimize flushing volumes by 80%. The introduction of these devices will drive demand in the global SUB market.

Simple and peripheral devices to grow at a significant CAGR in the global SUB market during the forecast period

The product segment in the global SUB market is divided into simple & peripheral devices and single-use bioprocessing equipment. Simple and peripheral devices occupied less than half of the market share in 2018, growing at a CAGR of around 13% during the forecast period. The increasing prevalence of chronic diseases and surge in demand for therapeutic drugs, especially biologics will drive the growth of this segment in the global market. The growing popularity of SUTs that are suitable for preclinical and clinical testing will positively impact the development of global SUB market. The growing need for bioprocessing facilities that offer flexibility and scalability is encouraging the vendors to develop innovative simple and peripheral devices. These devices are used in both upstream and downstream processing of biopharmaceutical manufacturing in the global market. The rising popularity of single-use bags for several upstream and downstream applications such as filtration, mixing, storage, transport, media preparation, and fermentation will augment the evolution of this segment in the market. The launch of new products as the customer requirements will help vendors boost their profitability in the global SUB market.

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North America to grow at an impressive CAGR in the global SUB market during the forecast period

The global SUB market by geography is segmented into North America, Europe, APAC, Latin America, and MEA. North America dominated close to half of the total market share in 2018, growing at a CAGR of around 14% during the forecast period. The increasing demand for biologics and rising investments in R&D activities by leading biopharmaceutical companies are driving the development of the North American region in the global market. The growing adoption of advanced single-use systems such as mixing systems, bioreactors, and cell culture systems will provide lucrative opportunities for vendors operating in the SUB market. The establishment of favorable government policies and sophisticated healthcare infrastructure with increasing FDA approvals for biologics will fuel the growth of the North American market. The favorable response to biopharmaceuticals and biosimilars and a large number of patients shifting to using these products will augment the demand in the market. The growth of the biologics segment such as vaccines, cell therapies, and mAbs will positively impact the global SUB market.

The other prominent players operating in the global SUB market are 3M, ABEC, Adolf Kühner, Applikon Biotechnology, CESCO Bioengineering, Charter Medical, Corning, Entegris, Eppendorf, Holland Applied Technologies, Infors, Meissner Filtration Products, Parker Hannifin, PBS Biotech, Repligen, Saint-Gobain and Solaris Biotechnology.

The complete overview of the latest market research report on the global SUB market by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.

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Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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