The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global tangential flow filtration market is expected to grow from $1.14 billion in 2022 to $1.28 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The tangential flow filtration market size is expected to grow to $2.03 billion in 2027 at a CAGR of 12.3%.

North America was the largest region in the tangential flow filtration market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

Tangential Flow Filtration Market Driver
Rising R&D spending in the pharmaceutical and biotechnology industries is projected to drive the growth of the tangential flow filtration market in the future. Tangential flow filtration (TFF) is a common processing step in concentration and contains the ability procedures in the downstream processing of biopharmaceutical products. Rising R&D spending will support market expansion. For example, according to the Tufts Centre for the Study of Drug Development’s 2021 report, global R&D investment by the top publicly traded biotech companies increased 13.7% yearly, from $4.8 billion in 2001 to $55.0 billion in 2020. As a result, rising R&D spending is likely to drive demand for the tangential flow filtration market over the forecast period.

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Prominent Tangential Flow Filtration Market Trend
Technological developments are a common trend in the tangential flow filtration industry. Major players in the tangential flow filtration market are concentrating on developing new technological solutions with higher flow rates and greater flexibility across other elements. Such developments allow important industry participants to obtain a competitive advantage. For example, ABEC, a US-based engineering solutions and services for biotech production company, will introduce its custom single run (CSR) tangential flow filtration (TFF) systems in September 2021. Flow rates of more than 240 litres per minute are achieved across cassette-type filter areas of up to 40m2, effectively matching levels seen in stainless steel systems, tripling the levels currently available for single-use TFF, reducing process times to achieve high product concentrations, and improving batch turnaround.

Tangential Flow Filtration Market Prominent Players
Major players in the tangential flow filtration market are Danaher Corporation, Koch Membrane Systems Inc., Merck Millipore, Sartorius AG, GE Healthcare, Parker Hannifin Corporation, Repligen Corporation, Alfa Laval Corporate AB, Andritz AG, Artesyn Biosolutions, Bionet, Cole-parmer Instrument Company LLC, Sterlitech Corporation, Mantec Technical Ceramics Ltd., and Meissner Filtration Products Inc.

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Key Tangential Flow Filtration Market Segments

The global tangential flow filtration market is segmented –

1) By Product: Reusable Systems, Single-use Systems, Membrane Filters

2) By Technology: Ultrafiltration, Microfiltration, Reverse Osmosis

3) By Application: Bioprocess Applications, Viral Vector, Vaccine Purification, Other Applications

The Tangential Flow Filtration Global Market Report 2023  provides a comprehensive overview on the tangential flow filtration market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the tangential flow filtration market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Flow Cytometry Global Market Report 2023
Filtration And Contamination Control Global Market Report 2023
Flow Meter Global Market Report 2023

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