SHERIDAN, ALABAMA, UNITED STATES, November 26, 2021 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Pharmaceutical Filtration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global pharmaceutical filtration market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026.
Pharmaceutical filtration stands for the process of separating solid particulate matter from fluids and gases utilizing a porous medium. It is performed using various methods depending on the application and chemical solution. Pharmaceutical filtration is widely used in the separation, concentration, and purification of specific macromolecules and the production of vaccines, plasma, and serums.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Pharmaceutical Filtration Market Trends:
The accelerating demand for generic medicines and the rising prevalence of chronic diseases are currently driving the pharmaceutical filtration market. Moreover, the introduction of stringent government regulations for quality control of drugs is further augmenting the market growth. Apart from this, the growing number of drug launches is encouraging the adoption of pharmaceutical filtration methods to eradicate potential pathogens during the manufacturing processes, thereby propelling the product demand.
Additionally, numerous technological advancements in the production of large molecules and biologics are also bolstering market growth. Besides this, the escalating requirement for advanced therapeutic drugs and increasing investments in research and development (R&D) activities are acting as significant growth-inducing factors. In the coming years, the elevating number of collaborations, partnerships, and merger and acquisitions (M&A) activities is expected to fuel the pharmaceutical filtration market.
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Global Pharmaceutical Filtration Market 2021-2026 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Amazon Filters Ltd
Eaton Corporation plc
General Electric Company
Graver Technologies LLC
Meissner Filtration Products Inc
Parker Hannifin Corporation
Breakup by Product:
MCE Membrane Filters
Coated Cellulose Acetate Membrane Filters
PTFE Membrane Filters
Nylon Membrane Filters
PVDF Membrane Filters
Prefilters and Depth Media
Glass Fiber Filters
PTFE Fiber Filters
Cartridges and Capsules
Breakup by Technique:
Breakup by Application:
Final Product Processing
Active Pharmaceutical Ingredient Filtration
Vaccines and Antibody Processing
Formulation and Filling Solutions
Raw Material Filtration
Breakup by Scale of Operation:
Research and Development Scale
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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