Tangential Flow Filtration Market To Reach $3,667.2 Million by 2030

Major drivers in the global tangential flow filtration market are the benefits of tangential flow filtration in comparison to normal flow filtration, skyrocketing investments in R&D by the market players, and the biopharmaceutical sector development. From $1,237.6 million in 2021, the market is predicted to touch $3,667.2 million by 2030, growing at a 12.8% compound annual growth rate between 2021 and 2030. There is an influx of spending on R&D by biotechnology corporations in the process of getting patents, with the past 20 years witnessing an approximate 12% rise in R&D spending.

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The outbreak of COVID-19 had disrupted the majority of markets but the tangential flow filtration market was among the exceptions. Their escalating requirement in vaccine manufacturing has resulted in producing magnificent figures by boosting the sales in the market. Furthermore, there is a snowballing demand for these systems as the corporations are gradually expanding their vaccine production capacity. For example, Adrena, by incorporating chromatography and tangential flow filtration, had planned to enlarge the COVID-19 vaccines manufacturing capacity.

Within the product type, membrane filters dominate the market with an approximately 40% share, on account of their high adoption in laboratory settings and biologics manufacturing. The membrane filters category is further bifurcated into two sub-divisions: regenerated cellulose and polyethersulfone. The latter subcategory accounts for an over 50% revenue share. This can be credited to the gradual integration of filters containing polyethersulfone membrane for protein separation and vaccine production. Nonetheless, the single-use bifurcation will also grow owing to reduced water usage and labor costs.

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The fast adoption of technologically advanced devices will provide lucrative opportunities for the tangential flow filtration market players to adapt to the paradigm shifts in the tastes & preferences of consumers and existing market dynamics. The major technologies adopted in this market are microfiltration and ultrafiltration, of which the latter dominates the market, by accounting for a share of around 65%. Because of their abilities to differentiate the small-pore-sized biomolecules, ranging from 0.01 μm to 0.1 μm; a push has been exerted on their sales, thereby lowering the biopharmaceutical products' costs.

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