The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

As per The Business Research Company’s Pharmaceutical Filtration Global Market Report 2023, The global pharmaceutical filtration market is expected to grow from $6.56 billion in 2022 to $6.96 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The pharmaceutical filtration market is expected to reach $8.52 billion in 2027 at a CAGR of 5.2%.

What was the major driver in the pharmaceutical filtration market?
Increased demand for generic medications is projected to take the pharmaceutical filtering market ahead. Generic medicines are medications that are designed to be identical to an already approved brand-name drug. Pharmaceutical filtration is used in the generic medication manufacturing process to remove solid particulate matter from a fluid, which can be liquid or gas, using a porous medium. According to the India Brand Equity Foundation, an export promotion organisation based in India, India is the world’s largest supplier of generic drugs; as of June 2022, the Indian pharmaceutical sector supplies more than 40% of generic demand in the United States and 25% of all pharmaceuticals in the United Kingdom. Furthermore, according to IMS Health, a healthcare technology company located in the United States, generic pharmaceuticals will dominate prescription medication consumption in the United States, with demand rising from 88% to 92% of all prescription drugs supplied in the United States by 2020. As a result, the rise in demand for generic pharmaceuticals is propelling the pharmaceutical filtration industry forward.

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What was the key trend in the pharmaceutical filtration market?
Product innovation is a hot trend in the pharmaceutical filtration business. To enhance their position in the pharmaceutical filtration market, many businesses in the pharmaceutical filtration market are creating new products with advanced filtration processes, such as high-volume filtration plates. For example, in November 2021, ANDRITZ, an Austria-based pharmaceutical filtration company, will unveil Nutrion, a new vacuum filter for the pharmaceutical and food industries. This unique filter incorporates enhanced features that limit the danger of contamination by taking filter-cloth installation to the next level, minimising dirt traps, and reducing downtime for cloth changes.

Which was the largest region in the pharmaceutical filtration market?
North America was the largest region in the pharmaceutical filtration market in 2022. The regions covered in the pharmaceutical filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Who are the pharmaceutical filtration market prominent players?
Major players in the pharmaceutical filtration market are 3M Health Care, Danaher Corporation, Amazon Filters Ltd., Eaton Corporation plc, GE Healthcare, Graver Technologies LLC, Meissner Filtration Products, Merck & Co., Inc., Parker Bioscience Filtration, Sartorius AG, Repligen, Porvair Plc, Alfa Laval AB, Corning Incorporated, and Thermo Fisher Scientific.

Key pharmaceutical filtration market segments
The global pharmaceutical filtration market is segmented –
1) By Product: Membrane filters, Prefilters and depth media, Single-use systems, Cartridges and capsules, Filter holders, Filtration accessories, Other Products
2) By Technique: Microfiltration, Ultrafiltration, Crossflow filtration, Nanofiltration, Other Techniques
3) By Scale of Operation: Manufacturing scale, Pilot-scale, Research and development scale
4) By Application: Final product processing, Raw material filtration, Bioburden testing, Cell separation, Water purification, Air purification

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The Pharmaceutical Filtration Global Market Report 2023  provides a comprehensive overview on the pharmaceutical filtration market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

View More Related Reports –
Pharmaceutical API Manufacturing Global Market Report 2023
Pharmaceutical Drug Delivery Global Market Report 2023
Filtration And Contamination Control Global Market Report 2023

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