Pharmaceutical Filtration Market - Forecast(2021 - 2026)

 Pharmaceutical Filtration Market Overview

Pharmaceutical Filtration Market size is estimated to be $20.4 billion in 2019, growing at a CAGR of 6.9% during the forecast period 2020-2025. Pharmaceutical filtration denotes to the process through which unwanted particles, including undissolved powders and solid impurities, are removed from the processed components, further resulting in the reduction of bacteria.  Growing importance on biologics and their development for the treatment of numerous diseases is a key attribute anticipated to trigger the market growth. Significant upsurge in the number of chronic diseases globally is one of the major reasons for the advancement of pharmaceutical industry. This has resulted in high demand for advanced therapeutic drugs for the treatment of chronic diseases including cancer, asthma, diabetes, COPD, and arthritis. Moreover, production of novel biologics necessitates highest sterility and zero risk of contamination which further demands the application of advanced filtration products for production of drugs and biologics. Rising investment in research and development in the field of biologics is another leading factor attributing to the market expansion. Further, increasing number of cancer cases and growing biopharmaceutical and generic drug production for its treatment are supporting the industry growth.


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

By Product- Membrane Filters, Prefilters & Depth Media Filters, Cartridge & Capsule Filters, Single-Use Systems, Filter Holders, Filtration Accessories, Others.
By Application- Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, Air Purification.
By Geography-North America, Europe, Asia-Pacific and Rest of the World.


Key Takeaways
  • Rapid adoption of innovative treatment therapies including therapeutic proteins, monoclonal antibodies, and vaccines have resulted in enhanced number of various biopharmaceutical and biotechnology companies utilizing filtration systems.
  • The membrane filters segment is projected to witness growth at fastest CAGR during the forecast period 2020-2025 owing to several advantages provided by them such as reduced risk of contamination, lessens operation time, and deliver ease of convenience.
  • Asia Pacific pharmaceutical filtration market is anticipated to have the highest CAGR during the study period owing to untapped industry potential in this region. High investments by Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs) for the production of biologics and drugs as well as comparatively less stringent government regulations in favor of market players is set to fuel industry growth.
  • Majority of the market players are continually engaged in research and development to expand existing product portfolios and introduce new technologies to support in sterilization of the media and the constituents. For instance, AstraZeneca, a leading healthcare company invested around USD 6,059 million in R&D in 2019.


By Product- Segment Analysis
By Product the Pharmaceutical Filtration is segmented into Membrane Filters, Prefilters & Depth Media Filters, Single-Use Systems, Cartridge & Capsule Filters, Filter Holders, Filtration Accessories, and Others. Membrane filters held the major market share in 2019, owing to its versatile usage in a varied range of applications including microfiltration, nanofiltration, ultrafiltration, and cross-flow filtration. Also, membrane filters segment is projected to witness growth at fastest CAGR of 7.6% in forecast period 2020-2025. They are widely used in the development and manufacturing processes including end-stage processes and sterile filtration. Thus, increase in incidence of Chronic and viral diseases such as anthrax, influenza, measles, tuberculosis, Flu and chickenpox, mandates the need for advanced drugs and vaccines and is likely to accelerate rapidly in the near future. According to CDC, around 5 to 20 percent of the population in the United States get infected with flu annually.


By Application- Segment Analysis 
By Application the Pharmaceutical Filtration is segmented into Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, Air Purification. Final product processing sub segment held the largest market share in the year 2019 by the virtue of its enormous application in active pharmaceutical ingredient processing, vaccines processing, protein purification, viral clearance, and antibody processing. Advancements in technology including nanofiber filtration and ultrafiltration is set to propel the adoption of innovative filters for final product processing, in turn projected to drive the industry demand. In addition, the intensifying adoption of biologics and other therapeutic proteins has resulted in high usage of protein purification processes in the biopharmaceutical and pharmaceutical industry, that is poised to provide significant boost to the market evolution.


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