The Europe Hollow Fiber Filtration Market would witness market growth of 13.0% CAGR during the forecast period (2022-2028).
The bioprocessing industry uses filtration as a standard unit operation. Purification, isolation, and separation of bio-therapeutics are also accomplished using it in combination with other unit activities. For drugs like vaccinations, recombinant proteins, cell therapy, and gene therapy, filtration is also essential.
In order to address the rising adoption of biopharmaceuticals, businesses are focusing on implementing sophisticated bioprocessing technology throughout the process. It also includes filtration devices like perfusion systems that use hollow fiber filters.
These technologies are highly sought after by biopharmaceutical companies because they help down the costs associated with complicated operations. Additionally, it increases efficiency and aids in keeping compliance with GMP and FDA filtering regulations. As a result, it is anticipated that the biopharmaceutical industry will grow alongside the worldwide hollow fiber filtering market.
The COVID-19 pandemic has highlighted the importance of coordinating health research and innovation across European nations as Europe faces significant healthcare difficulties. The possibility of losing the capacity to safeguard against infectious diseases, for example, owing to anti-microbial resistance, as well as other external environmental causes, such as climate change, are potentially revealing new hazards and threats. The European Union is making investments in technology, research, and innovation to create solutions to these problems.
The Germany market dominated the Europe Hollow Fiber Filtration Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $86.6 Million by 2028. The UK market is anticipated to grow at a CAGR of 12.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 13.9% during (2022 - 2028).
Based on Application, the market is segmented into Protein Concentration & Diafiltration, Cell Culture Harvest & Clarification, Virus or Viral Vector Filtration, Raw Material Filtration, and Others. Based on End User, the market is segmented into Pharmaceutical & Biotechnology Companies, CMOs & CROs, and Academic & Research Institutes. Based on Technology, the market is segmented into Microfiltration, Ultrafiltration, and Others. Based on Process, the market is segmented into Reusable and Single-use. Based on Material, the market is segmented into Polyethersulfone (PES), Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hollow Fiber Filtration Market will Hit $1.4 Billion by 2028, at a CAGR of 13.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Repligen Corporation, Sartorius AG, Asahi Kasei Corporation, Meissner Filtration Products, Inc., Danaher Corporation, Merck KGaA, Parker Hannifin Corporation, Cole-Parmer Instrument Company, LLC (Antylia Scientific) (GTCR LLC), Sterlitech Corporation, and Synder Filtration, Inc.
By Application
By End User
By Technology
By Process
By Material
By Country
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