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LI2007322 |
Pages: 120 |
Jan 2023 |
The global depth filtration market will witness significant growth in the forecast period due to the rising usage of depth filters in the manufacturing of healthcare medical products. The efficient loading power and fast filtration properties of depth filters makes them a preferred alternative for large volume systems such as bag house style filters as their use is restricted and they need self-support.
Depth filters are commonly utilized to remove dead cells, tissues, and other colloidal toxins in downstream bio-production. In fact, the filtration process is performed with the use of depth filters for numerous procedures such as plasma filtration, processing of natural products, and others. Moreover, depth filtration is commonly used in industries such as food and beverages, healthcare, pharmaceutical, and biotechnology which leads to its large market demand.
Increasing R&D activities in the pharmaceutical and biotechnology industries is attributing the market growth. Furthermore, depth filters are used in medical products and therapeutic production processes which are expected to fuel their growth in the forecast period. In addition, low cost and ease of usage of depth filtration acts as market drivers.
Strict government regulations for biotechnology research and development could hamper the market growth. For instance, until regulatory clearance the new therapeutics undergo comprehensive pre-clinical trials. These trails are lengthy, costly, and full of complex experiences. Moreover, low-capacity depth filtration used for high-density harvesting acts as an unfavorable condition. These factors are anticipated to bring a decline in the demand for the global depth filtration market.
Advancements in filtration technology include continual process development to replace existing batch process technology. Various self-cleaning filters minimize loss, eliminate operator’s involvement, and enhance the flow consistency. Furthermore, new filters and filter media can be used in a range of fruit, starch, and sugar industries for minimizing time and increasing product consistency. Thus, technological innovations are expected to fuel the global depth filtration market development.
By media type, the global depth filtration market is divided into diatomaceous earth, activated carbon, cellulose, and perlite. Out of these, the diatomaceous earth segment dominates the market and is expected to continue leading till 2027 owing to its large utilization in the biotechnology and pharmaceutical industries.
By applications, the global depth filtration market is classified into final product processing, small molecule processing, biologics processing, cell clarification, raw material filtration, media & buffer filtration, bio-burden testing, and other applications. Amongst these, the raw material filter application segment holds a major share of the market as it is highly used in large volume filtration processes.
By end-users, the global depth filtration market is segmented into food & beverage industries, pharmaceutical, cosmetics, healthcare, and biotechnology. Amongst these, the pharmaceutical segment holds a leading market share due to an increase in investments for R&D activities for the production of biological drugs.
The global depth filtration market is analyzed across North-America, Europe, Asia-Pacific, and LAMEA regions. The North American market will lead the depth filtration market owing to the presence of large number of pharmaceutical companies combined with established medicals in this region. The Asia-Pacific market is anticipated to be the fastest-growing region due to an increase in R&D activities undertaken by pharmaceutical companies over the forecasted period.
To explore more about the Global Depth Filtration Market, get in touch with our analysts here.
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Key Participants in the Global Depth Filtration Market:
Merger & acquisition and advanced product development are the frequent strategies followed by the market players
Some of the major key players in the global depth filtration market are The Merck Group, Danaher Co., The Sartorius Group, General Electric Co., 3M, Parker-Hannifin Co., Porvair Filtration Group, Ertel Alsop, Amazon Filters Ltd., Meissner Filtration Products Inc., and others.
Market players prefer inorganic growth strategies to expand into local markets. Depth filtration market players are emphasizing more on mergers& acquisitions and advanced product developments. These are the frequent strategies followed by established organizations. To emphasize more on the competitor analysis of market players, the Porter’s five forces model is explained in the report.
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Aspect |
Particulars |
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Historical Market Estimations |
2018-2019 |
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Base Year for Market Estimation |
2019 |
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Forecast timeline for Market Projection |
2020-2027 |
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Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
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Segmentation by Media Type |
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Segmentation by Application |
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Segmentation by End-User |
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Key Countries Covered |
U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia |
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Key Companies Profiled |
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Source: Research Dive Analysis
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