LONDON, May 12, 2016 /PRNewswire/ -- The global Pharmaceutical Filtration market is expected to USD 20,190.1 million by 2020 from USD 12,451.3 million in 2015, at a CAGR of 10.2% between 2015 and 2020. By product, the market includes membrane filters, prefilters & depth media, cartridges & capsules, single-use systems, filter holders, filtration accessories. Based on technique, the market is segmented into microfiltration, ultrafiltration, cross flow filtration, nanofiltration. The microfiltration segment is expected to hold the largest share of the pharmaceutical filtration techniques market in 2015.
The geographic segments included in this report are North America, Europe, Asia, and Rest of the World (RoW). North America is expected to account for the largest share in the global the pharmaceutical filtration market in 2015. Asia is expected to register the fastest growth during the forecast period.
The growth of this market is mainly driven by the growth of biopharmaceutical industry, advancements in nanofiber technology, rapid expansion in generic drug production, increasing incidence of airborne disease, and strong biologics product pipeline. In addition, increasing adoption of single-use technologies is the latest trend observed in the pharmaceutical filtration market.
A combination of bottom-up and top-down approaches were used to calculate the market sizes and growth rates of the global pharmaceutical filtration market and its sub-segments. All percentage shares, splits, and breakdowns for market segments were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been considered, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each subsegment and the relative differences in growth rates. The report provides qualitative insights about growth rates, and market drivers for all subsegments. It maps market sizes and growth rates for each subsegment and identifies segments poised for rapid growth in each geographic segment. The report also includes company profiles of market leaders.
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The report will enable both established firms and new entrants to gauge the pulse of the market and to help them make important strategic growth decisions.
The report provides insights on the following:
- Product Development/Innovation: Product portfolios of the top players in the pharmaceutical filtration market. Detailed insights on upcoming technologies, research and development activities, and new product launches in the insights on upcoming technologies market
- Competitive Assessment: In-depth assessment of market shares, strategies, geographic and business segments, and product portfolios of the leading players in the pharmaceutical filtration market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various pharmaceutical filtration across geographies
- Market Diversification: Exhaustive information about new products, recent developments, and investments in the pharmaceutical filtration market
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