Sterile Filtration Industry – Emerging Technological Enhancements

Filtration is an important operation in the pharmaceutical industry, as it not only ensures that the products are adequately purified and fit for consumption, but also helps to optimize process economics and prevent loss of valuable product.

Target Audience for this Report:
# Academic and government research institutes
# Pharmaceutical and biotechnology companies
# Food & beverage industry
# Contract research organizations (CROs)
# Market research & consulting firms
# Filter manufacturers, vendors, and distributors

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Factors Influencing Global Growth:-

Increase in R&D spending, growth in the biopharmaceutical industry, growing demand for biopharmaceutical molecules, rising incidence of diabetes & kidney failure, and increasing purity requirement in end-users, are the primary growth drivers for this market during the forecast period (2015–2020).

# Stringent Government Regulations for Validation of Filtration Processes

# Rising Opportunities in Emerging Markets
# Creation and Use of Advanced Filters for Sterile Filtration

# Intense Competition Acts as an Entry Barrier for New Entrants
# Huge Capital Expenditure Required to Set Up New Production Facilities

Monetary Growth Expectations, Globally:

The global sterile filtration market is expected to reach USD 7.46 Billion by 2020 from USD 4.00 Billion in 2015, at a CAGR of 12.4% from 2015 to 2020.

Geographical Growth Scenario:

The geographic segments included in this report are North America, Europe, Asia, and the Rest of the World (RoW). The report maps each product, application, membrane pore size, and end-user segment in 6 geographic and regional segments. Geographic analysis reveals that North America accounted for the largest share of the global sterile filtration market in 2015.

Growth in this market can be attributed to the growth of biopharmaceutical industry and increase in R&D spending. Similarly Asia is estimated to be the fastest growing market of the global market in 2015. The wide applications of sterile filtration products in lab-scale DNA and protein separation, drug screening, cell culturing, and examination and virus removal are the major driving factor for sterile filtration market in this region.

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Leading Market Players:
# Merck KGaA (Germany)
# General Electric Company (U.S.)
# Pall Corporation (U.S.)
# Parker Hannifin Corporation (U.S.)
# Sartorius Stedim Biotech Group (France) and many more…

The other important growth strategy adopted by players in this market is expansion, collaborations & partnerships. This strategy was adopted by the players market to enhance their product portfolio.