Global Pharmaceutical Filtration Market – Positive long-term growth outlook 2017-2024 - PowerPoint PPT Presentation

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Global Pharmaceutical Filtration Market – Positive long-term growth outlook 2017-2024

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Pharmaceutical Filtration Market size should experience robust growth due to rapidly growing biopharmaceutical industry. Increasing prevalence of chronic diseases such as diabetes, cardiac disorders, cancer, and arthritis have surge in demand for the development of novel and innovative sterile drugs to treat various life-threatening disorders boosting the business growth. Rising R&D investments in manufacturing large molecules, biologics and other novel drugs will drive the global pharmaceutical filtration market size. For instance, Merck has invested around USD 295 million in R&D for developing novel biopharma drugs used to treat patients with complex disorders. – PowerPoint PPT presentation

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Title: Global Pharmaceutical Filtration Market – Positive long-term growth outlook 2017-2024


1
Pharmaceutical Filtration Market size will
witness significant growth from 2017 to 2024
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Pharmaceutical Filtration
Market
  • Pharmaceutical filtration market size should
    experience robust growth due to rapidly growing
    biopharmaceutical industry.
  • Increasing prevalence of chronic diseases such
    as diabetes, cardiac disorders, cancer, and
    arthritis have surge in demand for the
    development of novel and innovative sterile drugs
    to treat various life-threatening disorders
    boosting the business growth.
  • Rising RD investments in manufacturing large
    molecules, biologics and other novel drugs will
    drive the global pharmaceutical filtration market
    size. For instance, Merck has invested around USD
    295 million in RD for developing novel biopharma
    drugs used to treat patients with complex
    disorders.
  • Increased production of generic drugs and
    government mandates for sterile manufacturing and
    production of generic drugs will increase demand
    for filters and eventually fueling industry
    growth.

3
  • Furthermore, rapid technological advancements in
    the filtration techniques such as nanofibers
    technology used in pharmaceutical industry will
    expand the pharmaceutical filtration market size.
  • Huge capital requirement for research and
    production facilities of novel medicines,
    vaccines and drugs, coupled with stringent
    regulatory approval process for manufacturing
    safe, sterile and efficient drugs may hinder
    business growth in the future.
  • Membrane filters lead the overall industry
    revenue share owing to the advantages offered
    such as presence of different membrane materials
    including PTFE, nylon, cellulose acetate.
  • It allows controlled pore size distribution,
    greater strength and flexibility coupled with
    wide range of applications for solvent and air
    filtration. Single-use systems will grow at a
    rapid pace due to the low capital requirement,
    minimal risk of cross-contamination and higher
    efficiency for filtration of therapeutic drugs.

4
Competitive Market Share of Pharmaceutical
Filtration Market
  • Ability to purify and fractionate particles based
    on size, low energy requirements, greater
    flexibility for separation and cost-efficiency
    will drive the microfiltration market over the
    coming few years.
  • Nanofiltration should grow at a substantial rate
    owing to nanofibers application to separate large
    molecules from smaller ones, low pressures and
    minimized energy cost boosting the overall
    market.
  • Based on application, the final product
    processing segment is dominating the industry.
  • Rising demand for filtration of APIs, proteins,
    vaccines, antibodies, and viruses will drive the
    segment growth. Increased production of vaccines,
    generic drugs and biologics boosts the
    manufacturing-scale segment. Increased focus on
    development of innovative biopharmaceuticals to
    treat chronic ailments will surge demand for
    these filtration process.

5

Browse Full Market Research Report On
Pharmaceutical Filtration Market _at_
http//bit.ly/2tbl2PH Request for an in-depth
table of contents for this report _at_
http//bit.ly/2vdxZtH
6
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