Pharmaceutical Filtration Market Updates : to Reach $7.74 Billion, Globally, by 2026 at 4.6% CAGR

Allied Market Research recently published a report, titled, "Pharmaceutical Filtration Market by Product Type (Membrane Filters, Prefilter & Depth Filter Media, Single-Use Systems, Catriage & Capsules, Filter Holders, Filtration Accessories, and Others), Technique Type (Microfiltration, Ultrafiltration, Nanofiltration, and Other Techniques), and Application (Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, and Air Purification): Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global pharmaceutical filtration industry was $5.37 billion in 2018, and is expected to reach $7.74 billion by 2026, growing at a CAGR of 4.6% from 2019 to 2026.

𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 𝐟𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐠𝐫𝐨𝐰𝐭𝐡

Increase in production of biologics & large molecules, expansion of the biopharmaceutical industry, and rise in government expenditure on healthcare have boosted the growth of the global pharmaceutical filtration market. However, poor demand from under-developed countries hampers the market growth. On the contrary, growth opportunities in emerging markets would supplement the market growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/6425

𝐓𝐡𝐞 𝐦𝐞𝐦𝐛𝐫𝐚𝐧𝐞 𝐟𝐢𝐥𝐭𝐞𝐫𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭

By product, the membrane filters segment held the largest share in 2018, contributing to more than one-fourth of the pharmaceutical filtration market. Moreover, the segment is expected to portray the highest CAGR of 6.1% during the forecast period, owing to increase versatility & efficiency, lower operation costs, high performance, and ease of use influence.

𝐓𝐡𝐞 𝐧𝐚𝐧𝐨𝐟𝐢𝐥𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐭𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞 𝐭𝐨 𝐦𝐚𝐧𝐢𝐟𝐞𝐬𝐭 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐞𝐬𝐭 𝐝𝐞𝐦𝐚𝐧𝐝 𝐛𝐲 2026

By technique, the nanofiltration technique segment is expected to register the fastest CAGR of 5.5% during the forecast period, due to complete removal of a wide range of contaminants and their use for color removal, heavy metal elimination, water-softening, nitrates elimination, pretreatment for reverse osmosis, and decontamination. However, the microfiltration segment held the largest share in 2018, accounting for nearly two-fifths of the pharmaceutical filtration market, owing to advantages of microfiltration such as low operating pressure, relatively cheap price, low energy consumption as compared to nano-filtration osmosis.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐡𝐞𝐥𝐝 𝐭𝐡𝐞 𝐥𝐢𝐨𝐧'𝐬 𝐬𝐡𝐚𝐫𝐞

The pharmaceutical filtration market across North America held the largest share in 2018, contributing to around two-fifths of the market. This is due to the development of technological advanced pharmaceutical filtration products, increased adoption of filtration products for the pharmaceutical and biopharmaceutical industry, surge in production of biologics and generics, and rise in non-government & government initiatives to promote healthcare. However, the market across the Asia-Pacific region is expected to register the fastest CAGR of 6.2% during the forecast period. This is owing to improvement in healthcare infrastructure, rise in production of APIs and biologics, the developing R&D sector, surge in healthcare reforms, and technological advancements in the field of healthcare.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐚𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/6425

𝑲𝒆𝒚 𝑷𝒍𝒂𝒚𝒆𝒓𝒔
Sisram Medical Ltd
Hologic, Inc
Candela Medical
Energist Medical Group
Sciton, Inc
Lumenis, Ltd
Fotona, Inc
Bausch Health Companies Inc
Lutronic, Inc
Allergan plc

𝑲𝒏𝒐𝒘 𝑴𝒐𝒓𝒆- https://www.alliedmarketresearch.com/press-release/pharmaceutical-filtration-market.html

𝑶𝒕𝒉𝒆𝒓 𝑻𝒓𝒆𝒏𝒅𝒊𝒏𝒈 𝑹𝒆𝒑𝒐𝒓𝒕𝒔 𝒊𝒏 𝑳𝒊𝒇𝒆 𝑺𝒄𝒊𝒆𝒏𝒄𝒆 𝑫𝒐𝒎𝒂𝒊𝒏-
𝐇𝐮𝐦𝐚𝐧 𝐆𝐫𝐨𝐰𝐭𝐡 𝐇𝐨𝐫𝐦𝐨𝐧𝐞 (𝐡𝐆𝐇) 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/human-growth-hormone-market

𝐁𝐨𝐰𝐞𝐥 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/bowel-management-systems-market-A06093

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com

Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.