Hollow Fiber Filtration Market Size, Share & Trends Analysis By Material, By Technique, By Application, By End User, Regional Outlook, Competitive Strategies and Segment Forecasts to 2030
Global Hollow Fiber Filtration Market projected to be worth USD 796.7 million by 2030.
According to SPER Market Research, the Hollow Fiber Filtration Market estimated to reach USD 796.7 million by 2030 with a CAGR of 11.2%. Growing exploit of single use technologies, increasing biopharmaceutical industries, rising inclination towards continuous manufacturing; are the key factors which act as the fuel for the escalation of the market.
Impact of COVID-19 on the Hollow Fiber Filtration Market
The outbreak of COVID-19 has boosted the research for the treatment and vaccine manufacture, with the hollow fiber filtration by the pharmaceutical, biopharmaceutical companies, and the players of the Hollow fiber filtration market to target the corona virus infection. Thus COVID-19 has a positive impact on this market.
Scope of the report:
Market size available for years 2019-2030
Base year considered 2021
Forecast period 2022-2030
Segments covered By Material, By Technique, By Application, By End-Users, By Region
Geographies covered North America, Europe, Asia Pacific, Latin America, Middle East, Africa
Companies Covered Alpha Plan GmbH, Alpha Plan GmbH, Antylia Scientific, APAH technologies, Asahi Kasei Corporation, Biotree, BiOZEEN Pvt. Ltd., Cantel Medical, CoorsTek, Inc., Danaher, Koch Industries Inc., Kuraray Co., Ltd., MANN+HUMMEL Holding GmbH, Meissner Filtration Product, Inc, MMS Membrane System, Parker-Hannifin Corp, Repligen Corporation, Sartorius Stedim Biotech S.A, TOYOBO CO., LTD.
Driver: expansion in the biopharmaceutical industry
Growing usage of single-use technologies, increase in the biopharmaceutical industry, growing preference for continuous manufacturing; are the key factors for the expansion of the market.
Opportunity: Emerging economies
In Emerging economies, there is rising government support and private investments, demand for single used technology, increasing biosimilars, increasing investments in cell-based research, this growth in biopharmaceuticals is going to offer enormous opportunities for the players in the Hollow Fiber Filtration Market.
Challenges: Membrane fouling and fiber breakage
The main problems regarding hollow fiber filtration are; permanent fouling and fiber breakage, moderate capital costs, high operating costs. These are the challenges to the market.
Hollow Fiber Filtration Market, By Material:
Based on the Material, Hollow Fiber Filtration Market is segmented as; Ceramic, Polymeric, Polyvinylidene fluoride (PVDF), PS/PES, Other polymeric materials.
Hollow Fiber Filtration Market, By Technique:
Based on the Technique, Hollow Fiber Filtration Market is segmented as; Microfiltration (<0.2 Micron Meter, >0.2 Micron Meter and<0.7 Micron Meter), Ultrafiltration (>50,000 kDa, >10,000 kDa and<50,000 kDa,<10,000 kDa).
Hollow Fiber Filtration Market, By Application:
Based on the Application, Hollow Fiber Filtration Market is segmented as; Continuous Cell Perfusion, Harvest and Clarification, Concentration and Diafiltration.
Hollow Fiber Filtration Market, By End User:
Based on the End-Users, Hollow Fiber Filtration Market is segmented as; Pharmaceutical and Biotechnology Manufacturers, Contract Research Organization and Contract Manufacturing Organization (CROs & CMOs), other end users.
Hollow Fiber Filtration Market, By Region:
North America owns the prime share of this market; this is due to the focus of companies on new products such as perfusion systems, ease, and cost-efficiency of hollow fiber filters and the growing demand for filtration systems for the biopharmaceuticals industry.
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