Global Hollow Fiber Filtration Market (2021 to 2026) – Increasing Investments in Cell-based Research Presents Opportunities – ResearchAndMarkets.com

Global Hollow Fiber Filtration Market (2021 to 2026) – Increasing Investments in Cell-based Research Presents Opportunities – ResearchAndMarkets.com




Global Hollow Fiber Filtration Market (2021 to 2026) – Increasing Investments in Cell-based Research Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Hollow Fiber Filtration Market by Material (Polymer (PES, PVDF), Ceramic), Technique (Microfiltration, Ultrafiltration), Application (Harvest & Clarification, Concentration, Diafiltration), End Users (Pharma, Biotech, CRO, CMO) – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global market is projected to reach USD 597 million by 2026 from USD 303 million in 2021, at a CAGR of 14.5% during the forecast period.

The growth of the global hollow fiber filtration market is driven by factors such as the rising preference for continuous manufacturing, increasing use of single use technologies, and the rising biopharmaceutical industry. In addition, emerging economies, and increased investment cell-based research are expected to provide significant growth opportunities for players in the hollow fiber filtration market.

By material segment, the polymeric segment accounted for the largest share of the Hollow fiber filtration market

Based on material, the hollow fiber filtration market is segmented into polymeric and ceramic filters. The polymeric segment is further sub segmented into polysulfide/polyethersulfone (PS/PES), polyvinylidene fluoride (PVDF), and other polymeric materials (cellulose & cellulose acetate, mixed cellulose ester, and polypropylene). In 2020, the polymeric segment accounted for the largest market share of the hollow fiber filtration market. The large share of this segment is primarily attributed to the hydrophilic nature of PES/PS, low protein-binding properties, and its wide range of applications.

By application, the continuous cell perfusion segment accounted for the largest share of the Hollow fiber filtration market

Based on application type, the hollow fiber filtration market is segmented into continuous cell perfusion, harvest and clarification, and concentration and diafiltration. In 2020, continuous cell perfusion accounted for the largest market share due to the advantages of hollow fibers in continuous cell perfusion, such as enabling efficient cell separation (with low shear) and allowing robust large-scale manufacturing.

By technique, the microfiltration segment accounted for the largest market share of the Hollow fiber filtration market

Based on application, the hollow fiber filtration market is segmented into microfiltration and ultrafiltration. In 2020, the microfiltration segment accounted for the largest share of the global hollow fiber filtration market due to the availability of a wide range of pore sizes which have vast applications such as separation of a virus, bacteria, aerosols, and innumerable macromolecules from fluids, without the requirement of autoclaving a procedure.

By end user, the pharmaceutical and biotechnology manufacturers accounted for the largest market share of the Hollow fiber filtration market

Based on end users, the hollow fiber filtration market is segmented into pharmaceutical and biotechnology manufacturers, contract research organizations (CROs) & contract manufacturing organizations (CMOs), and other end users. In 2020, the pharmaceutical and biotechnology manufacturers segment accounted for the largest share of the hollow fiber filtration market.

The large share of this segment is attributed to the increasing demand for hollow fiber filters in ultrafiltration, diafiltration, and microfiltration processes in biopharmaceutical manufacturing and the growing adoption of continuous manufacturing processes (due to advantages such as improved manufacturing process efficiency and flexibility).

Asia Pacific: The fastest-growing region in the Hollow fiber filtration market

The Asia Pacific market is projected to witness the highest growth rate during the forecast period, primarily due to innovation, a giant talent pool of scientists, low labor, and manufacturing costs. The region has also witnessed mass production because of technology and a rise in continuous manufacturing instead of batch production in the previous era.

Asia Pacific region is also a lucrative market for foreign investors, with key market players having their presence in the region. Over the last decade, CMOs in the Asia Pacific region have impacted the global pharmaceutical manufacturing market. Several small and medium-scale CMOs set up in APAC have obtained US FDA approval for their operations and completed GMP certifications, thus driving the region’s hollow fiber filtration market.

North America accounted for the largest share of the Hollow fiber filtration market in 2020

North America accounted for the largest share of the hollow fiber filtration market in 2020. The large share of this region can be attributed to the companies in North America mainly focusing on new products such as perfusion systems, convenience, and cost-efficiency of hollow fiber filters and the rising demand for filtration systems for the biopharmaceuticals industry.

Market Dynamics

Drivers

  • Growth in the biopharmaceutical industry
  • Increasing preference for continuous manufacturing
  • Increasing usage of single-use technologies

Opportunities

  • Emerging economies
  • Increasing investments in cell-based research

Challenges

  • Membrane fouling and fiber breakage

Companies Mentioned

  • APAH Technologies
  • Alpha Plan GmbH.
  • Antylia Scientific
  • Asahi Kasei Corporation
  • Biotree
  • Biozeen Pvt. Ltd.
  • Cantel Medical
  • Coorstek Inc.
  • Danaher
  • Koch Industries, Inc.
  • Kuraray Co. Ltd.
  • MMS Membrane Systems
  • Mann+Hummel Holding GmbH
  • Meissner Filtration Products, Inc
  • Parker Hannifin Corp
  • Repligen Corporation
  • Sartorius Stedim Biotech S.A.
  • APAH Technologies
  • Toyobo Co., Ltd.

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