Jan 22, 2018
According to Stratistics MRC, the Global Sterile Filtration Market is accounted for $4.65 billion in 2016 and is expected to reach $10.79 billion by 2023 growing at a CAGR of 12.7% during the forecast period.

Gaithersburg, Maryland, United States - January 22, 2018 /MarketersMedia/ —
Increasing R&D spending, growing prevalence of diabetes & kidney failure and increasing demand for biopharmaceutical molecules are some of the key factors fuelling the market growth. However, factors such as stringent government regulations for validation of filtration processes and huge capital expenditure required to set up new production facilities are hampering the market. In addition, the emerging markets will provide new growth opportunities for this market.
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Sterile Filtration is an main process in the pharmaceutical industry, as it not only ensures that the products are sufficiently purified and fit for utilization, but also helps to optimize process economics and prevent loss of valuable product.
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The pharmaceutical & biotechnology end-user segment commanded the largest market share during the forecast period due to the utilization of sterile filtration techniques for meeting filtration and separation requirements from R&D activities to early-stage product development to full-scale manufacturing in the pharmaceutical & biotechnology companies.
Asia Pacific is expected to grow at a fastest CAGR during the forecast period. The extensive applications of sterile filtration products in lab-scale DNA and protein separation, drug screening, cell culturing, and examination and virus removal are the major driving factor for sterile filtration market in this region.
Some of the key players in the Sterile Filtration market include Sterlitech Corporation, Starlab Scientific Co., Ltd., Porvair Filtration Group, Sigma-Aldrich Corporation, Parker Hannifin Corp, 3M, General Electric Company, Sartorius Stedim Biotech S.A., Pall Corporation and Merck KGaA (Germany).
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End Users Covered:
• Water Filtration Companies
• Academic Institutes & Research Laboratories
• Pharmaceutical & Biotechnology Companies
• Food & Beverage Industry
Membrane Pore Sizes Covered:
• 0.1Microns
• 0.22 Microns
• 0.45 Microns
Applications Covered:
• Virus Filtration
• Pre-Filtration
• Fill-Finish Process
• Utilities Filtration
• Bioprocesses
• Other Applications
Products Covered:
• Filtration Accessories
• Cartridges & Capsules
• Filter Funnels & Holders
• Syringe Filters
• Bottle-Top Vacuum Filters
• Membrane Filters
• Other Products
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Contact Info:
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Organization: Stratistics Market Research Consulting Pvt Ltd
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Source: MarketersMedia
Release ID: 290299
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