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Thursday, June 15, 2023

Lucintel Forecasts Pharmaceutical Membrane Filtration Market to Reach $14.3 Billion by 2028

According to the recent study the pharmaceutical membrane filtration market is projected to reach an estimated $14.3 billion by 2028 from $7.9 billion in 2023, at a CAGR of 12.5% from 2023 to 2028. Growth in this market is primarily driven by significantly growing biopharmaceutical and pharmaceutical industries, increasing adoption of single-use technologies, and growing trend of nanofiltration technologies. 

A more than 150–page report is developed to understand trends, opportunities and forecast in pharmaceutical membrane filtration market by product (filters, systems, and accessories), technique (microfiltration, ultrafiltration, nanofiltration, and others), material (PES, PVDF, nylon, PTFE, MCE & CA, PCTE, and Other materials), application (final product processing, raw material filtration cell separation, and others), and region.

Download sample report by clicking on below link 

https://www.lucintel.com/pharmaceutical-membrane-filtration-market.aspx

“Polyethersulfone (PES) market is expected to remain the largest segment during the forecast period.”

Based on material, the pharmaceutical membrane filtration market is segmented into PES, PVDF, nylon, PTFE, MCE & CA, PCTE, and Other materials. Lucintel forecasts that the polyethersulfone (PES) market is expected to remain the largest segment due to increasing application of these filters for sterile filtration, mycoplasma removal, and bioburden reduction.

“Within the pharmaceutical membrane filtration market, the microfiltration segment is expected to remain the largest technique.”

Based on technique the microfiltration segment is expected to witness the highest growth over the forecast period due to increasing demand for pharmaceutical research and drug development and growing usage of this filtration in cold sterilization process of pharmaceuticals industry.

“Asia pacific will dominate the pharmaceutical membrane filtration market in near future.”

APAC is expected to witness the highest growth over the forecast period due to growing demand from the pharmaceutical and biotechnological industries and favorable government regulations for drugs and medications development.

Download Brochure of this report by clicking on https://www.lucintel.com/pharmaceutical-membrane-filtration-market.aspx.

Major players of pharmaceutical membrane filtration market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Merck Millipore, Danaher, Sartorius Stedim Biotech, 3M Company, Thermo Fisher Scientific, and Eaton Corporation are among the major pharmaceutical membrane filtration providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pharmaceutical-membrane-filtration-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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