Global Pharmaceutical Filtration Market Size & Outlook
Global pharmaceutical filtration market, 2018-2030 (US$M)
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Global pharmaceutical filtration market highlights
- The global pharmaceutical filtration market generated a revenue of USD 12,786.9 million in 2023 and is expected to reach USD 21,958.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8% by 2030.
- In terms of segment, membrane filters accounted for a revenue of USD 3,332.7 million in 2023.
- Membrane Filters is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,786.9 million |
| Market revenue in 2030 | USD 21,958.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Membrane filters |
| Fastest growing segment | Membrane Filters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Membrane Filters, Prefilters and Depth Media, Cartridges and Capsules, Single-use Systems, Filter Holders, Filtration Accessories |
Other key industry trends
- In terms of revenue, the North America accounted for 43.3% of the global pharmaceutical filtration market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 57.1 million by 2030.
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Pharmaceutical Filtration Market Scope
Pharmaceutical Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Sartorius AG | View profile | 14338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | https://www.sartorius.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Global pharmaceutical filtration market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical filtration market will help companies and investors design strategic landscapes.
Membrane filters was the largest segment with a revenue share of 26.06% in 2023. Horizon Databook has segmented the Global pharmaceutical filtration market based on membrane filters, prefilters and depth media, cartridges and capsules, single-use systems, filter holders, filtration accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Biopharmaceuticals are complex and sophisticated structures that are being increasingly used to treat previously untreatable conditions and common chronic diseases. Production of biopharmaceuticals is easier than production of pharmaceuticals derived from animal sources therefore, there is a high demand for biopharmaceuticals in the healthcare industry.
Biopharmaceuticals are mainly derived from humans, animals, and plants, and thus require a filtration method that is minutely scrutinized to avoid contamination. This greatly increases their efficacy, thus enabling enhanced treatment of patients.
Biopharmaceuticals are widely used for the treatment of chronic diseases, mostly cancer. According to Cancer.org, in 2021, an estimated 1.9 million new cancer cases were diagnosed, while more than 608 thousand cancer-related deaths were recorded in the U.S. alone.
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Target buyers of Global pharmaceutical filtration market databook
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Our clientele includes a mix of pharmaceutical filtration market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmaceutical filtration market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pharmaceutical filtration market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical filtration market size, 2023 (US$M)
Global pharmaceutical filtration market share, by type, 2023 & 2030 (%, US$M)
Pharmaceutical filtration market: Opportunity assessment by country
Global pharmaceutical filtration market, by region, 2023 (US$M)
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