Pharmaceutical Membrane Filtration Market worth $19.6 billion by 2029

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The pharmaceutical membrane filtration industry is projected to grow from USD 10.6 billion in 2024 and to reach USD 19.6 billion by 2029

 Pharmaceutical Membrane Filtration Market in terms of revenue was estimated to be worth $10.6 billion in 2024 and is poised to reach $19.6 billion by 2029, growing at a CAGR of 13.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. Some factors contributing to the growth of the global market includes increasing adoption of single use membrane filters coupled by high purity requirements among end users, increasing RD spending by government and private organizations, and increasing regulations for membrane filter's safety by regulatory bodies. Despite this, issues such as membrane fouling, and large capital investment are expected to hinder market growth.

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Pharmaceutical Membrane Filtration Market Scope:

Report Coverage

Details

Market Revenue in 2024

$10.6 billion

Estimated Value by 2029

$19.6 billion

Growth Rate

Poised to grow at a CAGR of 13.1%

Market Size Available for

2022–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Product, Technique, Type, Application, And Scale Of Operation

Geographies Covered

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Report Highlights

Updated financial information / product portfolio of players

Key Market Opportunities

Growth opportunities in emerging economies

Key Market Drivers

Increasing adoption of single-use technologies

The polyethersulfone (PES) membrane filters segment accounted for the largest share of the membrane filters segment in the pharmaceutical membrane filtration market in 2023.

Based on products, the pharmaceutical membrane filtration market is segmented into membrane filters, systems, and other products. Membrane filters segment dominated the market in 2023 and is expected to dominate the market in the forecast period. Membrane filters are further segmented based on material into polyethersulfone (PES) membrane filters, polyvinylidene difluoride (PVDF) membrane filters, nylon membrane filters, polytetrafluoroethylene (PTFE) membrane filters, mixed cellulose ester cellulose acetate (MCE CA) membrane filters, polycarbonate track-etched (PCTE) membrane filters, and other membrane filters (PP, PC, CN, gelatin, PETE, and RC). Among these, PES membrane filters are most widely used due to their hydrophilic nature and high flow rates.

The microfiltration segment is estimated to register the highest growth rate during the forecast period in the pharmaceutical membrane filtration market.

Based on technique, the pharmaceutical membrane filtration market is segmented into microfiltration, ultrafiltration, nanofiltration, and other techniques. The other techniques segment includes reverse osmosis and ion exchange. The microfiltration segment is estimated to register the highest growth rate during the forecast period. In the pharmaceutical industry, microfiltration finds applications in clarification, purification of cell broths, the separation of cell debris, and the separation of macromolecules. The technique is used in harvesting cells in upstream bioprocessing.

The Asia Pacific region is the fastest-growing region of the pharmaceutical membrane filtration market in 2023.

Based on the region, the pharmaceutical membrane filtration market is segmented into major regions: North AmericaEuropeAsia PacificLatin AmericaMiddle East and Africa. The Asia Pacific is anticipated to register fastest growth in the pharmaceutical membrane filtration owing to the increasing technological advancement in nanofiber technologies, manufacturing facility expansions by pharmaceutical companies, high government investments fundings for RD, and growing biotechnology industries.

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Pharmaceutical Membrane Filtration Market Dynamics:

Drivers:

1.  Increasing adoption of single-use technologies

Restraints:

1.  Membrane fouling issues

Opportunities:

1.  Growth opportunities in emerging economies

Challenge:

1.  Increased cost and reduced speed yield of filters

Key Market Players of Pharmaceutical Membrane Filtration Industry:

Key players in the pharmaceutical membrane filtration market include Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), Thermo Fisher Scientific, Inc. (US), 3M Company (US), Parker Hannifin Corporation (US), Repligen Corporation (US), Asahi Kasei Corporation (Japan), Eaton Corporation plc (Ireland), GEA Group (Germany), Corning Incorporated (US), Alfa Laval Corporate AB (Sweden), Donaldson Company, Inc. (US), Saint-Gobain (France), MANN+HUMMEL International GmbH Co. KG (Germany), Meissner Filtration Products, Inc. (US), Cole-Parmer Instrument Company, LLC (US), Applexion (France), Cantel Medical Corp. (US), W. L. Gore Associates Inc. (US), Membrane Solutions (US), Amazon Filters Ltd. (UK), Toyo Roshi Kaisha, Ltd. (Japan), Porvair plc (UK), Sterlitech Corporation (US), Synder Filtration, Inc. (US), Graver Technologies, LLC (US), Koch Membrane Systems, Inc. (US), Nupore Filtration Systems (India), and Cobetter Filtration Equipment Co., Ltd. (China).

The primary interviews conducted for this report can be categorized as follows:

  • By Respondent: Supply Side- 70% and Demand Side 30%
  • By Designation: Managers - 45%, CXO Directors - 30%, and Executives - 25%
  • By Region: North America -40%, Europe -25%, Asia-Pacific -20%, Latin America -10% and Middle East  Africa- 5%

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About MarketsandMarkets™:

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

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