European Pharmaceutical Filtration Market - Forecast(2021 - 2026)

 European Pharmaceutical Filtration Market

 

European Pharmaceutical Filtration Market size is forecast to reach $6.31 billion by 2025, growing at a CAGR of 7.19% during the forecast period 2020-2025. Pharmaceutical Filtration is a process of removing unwanted particles from the processed components leading to a reduction in bacteria which helps in maintaining sterility. Rise in expenditure on the development by bio-pharmaceutical companies and technological advancements in filtration technique are the major factors driving the growth of the market.  High demand for advanced therapeutic drugs and rise in manufacture of vaccines owing to incidence of various diseases and outbreaks of pandemics is set to further enhance the overall market demand of Pharmaceutical Filtration during the forecast period 2020-2025.


 

Report Coverage

The report: “European Pharmaceutical Filtration Market (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the European Pharmaceutical Filtration Market.

 

By Product : Membrane,Filters, Prefilters & Depth Media Filters, Single-Use Systems, Cartridge & Capsule Filters, Filter Holders, Filter Papers, Air Filters, Filtaration Accessories, Filter Housing & Engineered System, Others

By Technique : Micro filtration,        Ultra filtration, Nano filtration, Cross flow filtration

By Application : Final Product Filtration, Raw Material Filtration, Steam Filtration, Water Filtration,      Air Filtration, Others

By Country : U.K., Germany, Italy, France, Spain, Russia, Austria, Netherlands,  Rest of Europe


 

Key Takeaways

•           U.K. dominated the European Pharmaceutical Filtration market in 2019 owing to the rising incidence of airborne diseases and the presence of key players in the country. The European Pharmaceutical Filtration market scope for different countries will be provided in the final report.

•           The rapid expansion of generics production and advancements in nanofiber technologies is likely to aid in the market growth of European Pharmaceutical Filtrationmarket.

•           Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the European Pharmaceutical Filtration market report.

•           Government issues with the validation of products is poised to create hurdles to the European Pharmaceutical Filtration Market.


 

Product- Segment Analysis

The membrane Filters dominated the market in the year 2019 and is estimated to grow at a CAGR OF 5.13%.The membrane filters are used in various routine applications, including cell separation, water purification,development and manufacturing process,sterile filtration and air purification. Membrane filters are widely used in analytical and research applications.Increasing incidence of viral and chronic diseases such as anthrax, measles, influenza and chickenpoxis increasing the growth of the European Pharmaceutical Filtration Market.Membrane filters is estimated to be the fastest growing segment and is set to register a highest CAGR during the forecast period 2020-2025.


 

 

Technique - Segment Analysis

 

Microfiltration technique was the highest revenue generating segment in the year 2019.One of the key driving factor of the Microfiltration technique was the product advancement.  This technique is extensively used in the pharmaceutical filtration market by manufacturers for the separation of large particles including proteins and yeast from a liquid feed stream. In the upcoming years, Ultrafiltration segment is estimated to grow at lucrative growth owing to varied applications of this technique in protein purification, vaccines, and antibody processes. The manufacturers are highly focused on delivering the exact needs of filtration processes in the healthcare industry.


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