As per our latest research report, the global sterile filtration market size is expected to grow USD 6.41 billion in 2022 and is estimated to be growing at a CAGR of 12.5% and worth USD 11.56 billion by 2027.
Filtration makes the products purified adequately and suitable for consumption and helps optimize process economics and avoid the loss of valuable products. It is an essential operation in the pharmaceutical industry. Fluids such as drug products that would be damaged by heat, chemical sterilization, or irradiation can be sterilized by microfiltration using different membrane filters. This method is commonly used for protein solutions in medical drug processing and heats labile pharmaceuticals.
MARKET DRIVERS:
The growing biopharmaceutical industry strongly drives the growth of the global sterile filtration market, increase in the R&D spending, growing production of large molecules and biologics, growth in the generics market, rising incidence of diabetes & kidney failure, increasing demand for biopharmaceutical molecules, and increasing purity requirement in the end-user market.
Sterile filtration is an essential application in the biopharmaceutical industry to develop quality products, and this is undoubtedly considered the primary driver for market growth. The rise in support from private and public organizations through investments in pharmaceutical industries creates chances for the market to grow. Besides, the emergence of Nano filters for removing microorganisms is accelerating the demand for the sterile filtration market. Increasing incidences of various health disorders due to lifestyle changes also greatly influence the demand of the market. Adopting the latest technologies and the launch of innovative products in favor of the end-users is to surge growth opportunities for the market.
Increased pharmaceutical investment and the high prevalence of chronic and acute diseases are the main factors driving the growth of the sterile filtration market. According to data from the Organization for Economic Cooperation and Development (OECD) in 2013, pharmaceutical investment in OECD countries was approximately $ 800 billion, accounting for about 20% of total healthcare investment. Also, the high demand for medicines and the introduction of new drugs are the key factors leading to increased investment in the pharmaceutical industry. According to the same source, the number of people using antidiabetics, antidepressants, and antihypertensive drugs tripled, and the number of people using cholesterol-lowering drugs tripled between the years 2000 and 2013. These trends reflect the growing demand for sterile filtration of drugs.
Moreover, several chronic diseases such as cancer, diabetes, and mental illness have increased medical care demand. For example, according to the British "Cancer Research" report, the country registered 55.122 new breast cancer cases in 2015. Also, there is an increase in the level of diagnosis, identification of diseases, and early treatment of drugs, and the development of new medicines. Treatment of common diseases leads to increased drug consumption.
MARKET RESTRAINTS:
However, stringent government regulations for validating the filtration process are the major factors restraining the growth of the global sterile filtration market.
Impact of COVID-19 on the global sterile filtration market:
COVID-19 is an infectious disease which is caused by a recent novel coronavirus. The sudden outbreak of pandemics has kept many lives at risk. The economy has been severely affected by the pandemic. The global economy and the market had been adversely affected; the market structure has been completely changed. Manufacturers are making changes according to the changing needs of the people.
The COVID-19 has favored the sterile filtration market and accelerated its growth rate. Countries are in a global run to expand and produce a vaccine for the SARS-COV-2. Government bodies are increasing funding for vaccine development, and various filtration techniques are being used to develop and produce vaccines. Researchers are working on testing a wide variety of potential COVID-19 treatments. Antibodies treatments are being explored, which tamp down the body’s immune response when it becomes destructive, resulting in critical COVID-19 patients. Pharmaceutical companies have increased the production of these drugs because of the increased demand for the drugs.
Using sterile techniques, microorganisms can be removed during the upstream and downstream drug development, and final drug sterility can be assured using absolute drug sterility. Mass production of these drugs increases sterile processes, which is more likely to boost market growth. However, the market is projected to have a better share during the forecast period.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 to 2027 |
|
Base Year |
2021 |
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Forecast Period |
2022 to 2027 |
|
Segments Covered |
By Product, Application, Membrane Pore Size, End-User, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
This research report on the global sterile filtration market has been segmented and sub-segmented into the following categories and calculated market size and forecast for each segment until 2027.
Sterile Filtration Market – By Product:
In the product segment, Membrane filters product type is dominating with the highest shares of the market. Increasing applications of sterile filtration in both pharmaceutical and biopharmaceutical laboratories are lavishing the demand of the market. In fact, a growing number of patients with kidney failure issues globally is fuelling the growth of the market to the extent.
Sterile Filtration Market – By Application:
Based on the application, the Bioprocess segment holds the highest market shares, increasing the demand to produce large molecules and biologics. Furthermore, increasing awareness over the process in almost every end-user industry is leveling up the market's need.
Sterile Filtration Market – By Membrane Pore Size:
Based on Membrane Pore Size, 0.22 microns are leading with the largest shares of the market. Increasing demand to effectively remove the microorganisms from the fluids used in the manufacturing of drugs is leveraging the market demand.
Sterile Filtration Market – By End-user:
Based on End-User, the Pharmaceutical and biotechnology companies sector is ruling with prominent shares of the market. Increasing the scale of pharmaceutical companies is one factor elevating the growth rate of the sterile filtration market.
Sterile Filtration Market – By Region:
North America is expected to account for the largest share in the global sterile filtration market in 2016. The Asia Pacific is expected to register the fastest growth in the forecast period. Growth in this market can be attributed to the increase in R&D spending, rising prevalence of chronic kidney disease (CKD) and kidney failure, and development of new biologics and growing pharmaceutical research.
KEY MARKET PARTICIPANTS AND SHARE INSIGHTS:
Some of the noteworthy companies dominating the global sterile filtration market profiled in the report are Merck & Co Inc., 3M, General Electric Company, Pall Corporation, Parker Hannifin Corporation, Sartorius Stedim Biotech Group, Porvair Filtration Group, Sterlitech Corporation, and Starlab Scientific Co., Ltd.
Leading companies offer a wide range of products and continue to expand their existing product portfolio. Most of these participants have an enhanced distribution network in a wide geographical area. Secure distribution channels, a vast product portfolio, and the launch of new products have led to fierce competition among suppliers. It puts tremendous pressure on pricing strategies and is expected to affect supplier margins. Leading players participate in collaboration, new product development, mergers and acquisitions, and regional expansion to gain a larger share in the Global Sterile Filtration Market. Mergers and acquisitions help companies increase their existing product portfolio and geographic reach. In August 2015, Danaher completed Pall's acquisition and entered the field of filtration, separation, and purification solutions.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 Product
5.1.1 Introduction
5.1.2 Membrane filters
5.1.2.1 MCE
5.1.2.2 Coated cellulose acetate
5.1.2.3 PTFE
5.1.2.4 PVDF
5.1.2.5 PES
5.1.2.6 Nylon filter membranes
5.1.3 Bottle-top vacuum filters
5.1.4 cartridges & capsules
5.1.5 syringe filters
5.1.6 filtration accessories
5.1.7 filter holders
5.1.8 Y-o-Y Growth Analysis, By Product
5.1.9 Market Attractiveness Analysis, By Product
5.1.10 Market Share Analysis, By Product
5.2 Application
5.2.1 Introduction
5.2.2 Bioprocesses
5.2.3 Cell Culture Growth Media
5.2.4 Fill-finish process
5.2.5 Virus filtration
5.2.6 Utilities Filtration
5.2.7 Pre-Filtration
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 Market Share Analysis, By Application
5.3 Membrane Pore Size
5.3.1 Introduction
5.3.2 0.22 microns
5.3.3 0.45 microns
5.3.4 0.1 microns
5.3.5 Y-o-Y Growth Analysis, By Membrane Pore Size
5.3.8 Market Attractiveness Analysis, By Membrane Pore Size
5.3.9 Market Share Analysis, By Membrane Pore Size
5.4 End user
5.4.1 Introduction
5.4.2 Pharmaceutical & biotechnology companies
5.4.3 Food & beverage industry
5.4.4 Academic institutes & research laboratories
5.4.5 Water filtration companies
5.4.6 Y-o-Y Growth Analysis, By End user
5.4.7 Market Attractiveness Analysis, By End user
5.4.8 Market Share Analysis, By End user
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Application
6.1.3.4 By Membrane pore size
6.1.3.5 By End user
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Application
6.1.4.4 By Membrane pore size
6.1.4.5 By End user
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Application
6.1.5.4 By Membrane pore size
6.1.5.5 By End user
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 Merck & Co., Inc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 3M
8.3 General Electric Company
8.4 Pall Corporation
8.5 Parker Hannifin Corporation
8.6 Sartorius Stedim Biotech Group
8.7 Porvair Filtration Group
8.8 Sterlitech Corporation
8.9 Starlab Scientific Co., Ltd
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
Appendix
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