Sterile Filtration Market is projected to reach USD 10.27 Billion by 2023.

Market Overview:

In the year 2018, Global Sterile Filtration Market was valued at USD 5.7 Billion. By the year 2023, it is predicted to reach USD 10.27 Billion with pace of 12.5% CAGR. In medical drug processing Sterile Filtration is widely used for heat liable and the same process is also commonly used for protein solutions.  Solvents that can be damaged by chemical sterilization, irradiation and irradiation are filtered by using membrane filters to eliminate contaminations. While processing a micro filter sized 0.2 µm can filter microorganisms effectively. Viruses can be eliminated by using pore size 20-50 Nano meters. To ensure longer durability of micro filters and higher productivity pre-filters are used to prevent blockage. Membranes are produced from Polyethersulfone and mixed cellulose ester. Indeed, even with the compression of the standard pore measure for cleansing, things being what they are straightforward size determination is certifiably not an adequate strategy to completely contain every one of the particles. The unpredictable and tangled nature of the pores of most film channels makes them difficult to specifically quantify the extent of an individual pore; so the air pocket point test is utilized to decide the littlest molecule that the sift can strainer through of a liquid.

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Increasing need for purity and growing production of biologics are estimated to drive the market.

Factors affecting market growth:

  • Growth in biopharmaceutical industry. (+)
  • Increase in research and development. (+)
  • Growing production of large molecules and biologics, growth in the generics market. (+)
  • Rising incidence of diabetes & kidney failure. (+)
  • Growing demand for biopharmaceutical molecules. (+)
  • Increasing purity requirement in end-user market. (+)
  • Stringent government regulations for validation of filtration process. (-)

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Market Segmentation

Global Sterile Filtration Market is segmented on the basis of geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

North America region is estimated to claim major share of the market in forecasted period. Asia Pacific region is estimated to register highest CAGR in coming years. Growth of the market is driven by research and development expenditure, increasing risk of chronic kidney failures, development of new biologics are estimated boost market for Pharmaceutical & Biotechnology segment.

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Key players:

The major shareholders of the market General Electric Company, Merck & Co Inc., Sterlitech Corporation, Porvair Filtration Group, Starlab Scientific Co., Ltd., Parker Hannifin Corporation, Pall Corporation, 3M, and Sartorius Stedim Biotech Group.

Contact Info:
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Organization: MarketDataForecast™
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