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 Business Research Company’s tangential flow filtration market report forecasts the tangential flow filtration market size to grow to $2.03 Billion by 2027, with a CAGR (compound annual growth rate) of more than 12%.

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Tangential Flow Filtration Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The tangential flow filtration market size is expected to grow to $2.03 billion in 2027 at a CAGR of 12.3%.

North America held the largest tangential flow filtration market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Tangential Flow Filtration Market Driver ­– Rise In R&D Spending In The Pharmaceutical And Biotechnology Industries
For instance, according to a US-based independent, academic, non-profit research center, Tufts Center for the Study of Drug Development’s 2021 report, the global R&D spending by the largest publicly-traded biotech companies grew 13.7% annually, from $4.8 billion in 2001 to $55.0 billion in 2020. Hence, the increasing R&D spending is expected to generate demand for tangential flow filtration market in the forecast period.

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Key Tangential Flow Filtration Market Trend – Technological Advancement
Major companies operating in the tangential flow filtration market are focused on developing new technological solutions with larger flow rates and flexible across other elements. Such advancements enable key players to gain a competitive edge in the market. For instance, in September 2021, ABEC, a US-based engineered solutions and services for biotech manufacturing company launched its custom single run (CSR) tangential flow filtration (TFF) systems. The TFF system achieves flow rates greater than 240 liters per minute across cassette-type filter areas 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, improving batch turnaround and productivity.

Tangential Flow Filtration Market Segment
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

Tangential Flow Filtration Market Major Players and Strategies
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.

In November 2021, Donaldson Company Inc., a US-based vertically integrated filtration company acquired, Solaris Biotechnology Srl for an amount of $46 million. Through this acquisition, Donaldson is well-positioned to provide its food and beverage clients with more complete solutions and increase their access to the biopharmaceutical and other important life sciences areas. Solaris Biotechnology Srl is an Italy-based manufacturer of bioprocessing equipment and tangential flow filtration systems.

The Tangential Flow Filtration Global Market Report 2023 covers regional data on tangential flow filtration market size, tangential flow filtration market trends and drivers, opportunities, strategies, and tangential flow filtration market competitor 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.

Tangential flow filtration is a bioprocess technique most commonly used in downstream processing and extraction. It is a rapid and efficient method for separation and purification of biomolecules, used in a wide range of biological fields such as immunology, protein chemistry, molecular biology, biochemistry, and microbiology.

View More Reports Related To The Tangential Flow Filtration Market –
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