The global hollow fiber filtration market size is expected to reach USD 881.53 Million by 2028 at a CAGR of 13.8%, according to the latest report by Reports and Data.
The global hollow fiber filtration market size is expected to reach USD 881.53 Million by 2028 at a CAGR of 13.8%, according to the latest report by Reports and Data. Growing demand for biopharmaceuticals, increasing research and development activities for biologics, and rapid adoption of continuous manufacturing techniques across various industries are key factors expected to drive market revenue growth over the forecast period. Growing progress in bioprocessing, availability of skilled professionals, and increasing opportunities in biopharmaceutical sector are also expected to drive market growth over the forecast period.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/4002
Hollow fiber is the most widely used membrane in industrial applications, particularly in filtration. Hollow fibers have a membrane coated on the outside of a porous support. Hollow fiber bioreactors, which are largely used in medical industry, are made from cellulose and synthetic polymers. Hollow fiber membranes also have a very high packaging density due to its small strand diameters that allow specific filter configuration. Application has been increasing in various end-use industries and this is expected to contribute significantly to revenue growth of the market over the forecast period. In addition, hollow fibers systems are small tubes that can be filled with drug solutions. The fiber wall is equipped with permeable membrane that is highly effective in controlled release of drugs and this is expected increase its adoption in pharmaceutical industry and drive market growth going ahead.
Hollow fibers are also efficient carriers of drugs owing to high surface area to volume ratio. Increasing R&D activities to develop novel drugs, biopharmaceuticals, and therapeutics are expected to boost adoption of hollow fiber membranes and this is expected to drive market growth over the forecast period. However, stringent regulations concerned with safety and efficacy of drugs and biologics is expected to hamper market growth to a certain extent over the forecast period.
Some Key Highlights From the Report:
-
- Microfiltration segment is expected to account for largest revenue share in the global market owing to increasing use of hollow fiber filters with microfiltration in various processes in biopharmaceutical sectors such as clarification, purification of cell broths, and separation of macromolecules, among others.
- Polymeric segment is expected to register significant revenue growth over the forecast period, attributable to increasing use if polymeric hollow fiber filters in ultrafiltration and microfiltration.
- Perfusion segment is expected to register considerable revenue growth over the forecast period owing to increasing need for continuous cell perfusion systems to reduce operational and production costs and time.
- Pharmaceutical manufacturers segment is expected to account for largest revenue share in the global market over the forecast period, attributable to increasing demand for biologics, rising drug discovery and development activities, and rapid adoption of continuous manufacturing techniques.
- North America is expected to account for largest revenue share in the global market over the forecast period owing to fast-paced development of advanced products such as perfusion systems, growth of biopharmaceutical sector, and increasing adoption of advanced manufacturing technologies.
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
Asahi Kasei Corporation, Repligen Corporation, GE Healthcare, Danaher Corporation, Parker-Hannifin Corporation, Koch Membrane Systems, Inc., Watersep Bioseparation Corporation, Toyobo Co., Ltd., Microdyn-Nadir GmbH, Cantel Medical Corporation, and Coorstek, Inc.
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/hollow-fiber-filtration-market
Hollow Fiber Filtration Market Segmentation:
Technique Outlook (Revenue, USD Million; 2018-2028)
- Microfiltration
- Ultrafiltration
- Reverse Osmosis
Material Outlook (Revenue, USD Million; 2018-2028)
- Polymeric
- Ceramic
Application Outlook (Revenue, USD Million; 2018-2028)
- Harvest & Clarification
- Concentration
- Perfusion
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/4002
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Explore Latest Trending Research Reports By Reports and Data:
Bio Decontamination Market Analysis, By Product And Services (Services, Equipment, Consumables), By Type (Chamber Decontamination, Room Decontamination), By Agent, By End Use And By Region Forecasts To 2027
ENT Surgical Navigation Systems Market Size, Share and Analysis, By Types (Optical Navigation, Electromagnetic Navigation), By Applications (Functional Endoscopy Sinus Surgery (FESS), ENT Surgery, NEURO Surgery), By End use (Hospitals, Clinics) Forecasts to 2026
Hypertrophic Cardiomyopathy Therapeutics Market Analysis, By Drugs (Antiarrhythmic Agents, Anticoagulants, Beta-Adrenergic Blocking Agents), By Devices (Defibrillators, Pacemakers), By End Use (Hospitals, Clinics) Forecasts To 2027
Nephrostomy Devices Market Size & Share, Analysis By Products (Guidewires, Drainage Tubes, Nephrostomy Catheters, Sheath Dilators), By End Use (Hospitals, Emergency Clinics, Ambulatory Surgical Centers (ASCs), Specialty Clinics) Forecasts to 2026
Pharmaceutical Excipients Market Analysis, By Products (Organic Chemicals, Inorganic Chemicals, Others), By Functionality (Fillers and Diluents), By Formulations (Oral Formulations), By End Use (Pharmaceutical industry) Forecasts To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs