According to the new market research report "Hollow Fiber Filtration Market by Material (Polymer (PES, PVDF), Ceramic), Technique (Microfiltration, Ultrafiltration), Application (Harvest & Clarification, Concentration, Diafiltration), End Users (Pharma, Biotech, CRO, CMO) - Global Forecast to 2026", published by MarketsandMarkets™, is projected to reach USD 597 million by 2026 from USD 303 million in 2021, at a CAGR of 14.5% during the forecast period.
Browse and in-depth TOC on "Hollow
Fiber Filtration Market"
194 - Tables
35 - Figures
184 – Pages
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The growth of the global Hollow Fiber Filtration Market is driven by factors
such as the rising preference for continuous manufacturing, increasing use of
single use technologies, and the rising biopharmaceutical industry. In addition,
emerging economies, and increased investment cell-based research are expected
to provide significant growth opportunities for players in the market.
The PS/PES material segment accounted for the
largest share of the Hollow Fiber Filtration Market in 2020.
Based on material, the market is segmented into
polymeric and ceramic. The polymeric segment is further sub segmented into
PS/PES, Polyvinylidene fluoride (PVDF), and Other polymeric materials. In 2020,
PS/PES membrane filters accounted for the largest market share as they are
designed to eliminate particulates during standard filtration. They have low
protein and drug binding characteristics and are stable at alkaline pH. PS/PES
membranes are recommended for aqueous applications and for biological samples.
These membranes offer high product recoveries due to characteristics such as
low affinity and adsorption. In biopharmaceutical industries, PS/PES membranes
are mostly used for ultrafiltration in downstream processing, product
concentration, and the filtration of biological and pharmaceutical solutions.
The continuous cell perfusion segment accounted for
the largest market share of the Hollow Fiber Filtration Market in 2020.
Based on application type, the market is segmented
into continuous cell perfusion, harvest and clarification, and concentration
and diafiltration. In 2020, continuous cell perfusion accounted for the largest
market share due to the advantages of hollow fibers in continuous cell
perfusion, such as enabling efficient cell separation (with low shear) and
allowing robust large-scale manufacturing.
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The Asia
Pacific region is the fastest-growing region of the
Hollow Fiber Filtration Market in 2020.
The Asia
Pacific market is projected to witness the highest
growth rate during the forecast period, primarily due to innovation, a giant
talent pool of scientists, low labor, and manufacturing costs. The region has
also witnessed mass production because of technology and a rise in continuous
manufacturing instead of batch production in the previous era.
Asia
Pacific region is also a lucrative market for foreign
investors, with key market players having their presence in the region. Over
the last decade, CMOs in the Asia
Pacific region have impacted the global pharmaceutical
manufacturing market. Several small and medium-scale CMOs set up in APAC have
obtained US FDA approval for their operations and completed GMP certifications,
thus driving the regions market.
Prominent players in the Hollow Fiber
Filtration Market are Repligen Corporation (US), Danaher (US), Asahi
Kasei Corporation (Japan),
Parker-Hannifin Corp (US), Sartorius Stedim Biotech S.A (France),
TOYOBO CO., LTD (Japan),
and Cantel Medical (US). The key players in this market are focusing on
strategic expansions, and acquisition to expand their presence in the market.
Browse Related Reports:
Pharmaceutical Membrane Filtration Market by Product (Filter, System), Technique (Microfiltration, Nanofiltration), Material (PES, PVDF, PTFE), Application (Final Product (Sterile Filtration), Raw Material, Cell Separation, Water) - Global Forecast to 2025
Pharmaceutical
Filtration Market by
Product (Membrane Filters, Single-Use Systems), Technique (Microfiltration,
Ultrafiltration), Application (Final Product Processing, Raw material), Scale
of Operation (Manufacturing, Pilot, R&D) - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/pharmaceutical-filtration-market-209343847.html
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