Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.5 Billion | USD 41.5 Billion | 16.5% | 2021 |
FrequentlyAsked Questions
The key factors that are augmenting the global market for pharmaceutical filtration are the growing production of large molecules and biologics, proliferation in the generics market, technological progress in nanofibers, and regulatory protocols for cleanrooms in the production of pharmaceuticals.
According to the report, the global market size was worth around USD 10.5 billion in 2021 and is predicted to grow to around USD 41.5 billion by 2030 with a compound annual growth rate (CAGR) of roughly 16.5% between 2022 and 2030.
The global pharmaceutical filtration market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the increasing prevalence of the chronic disease.
The global pharmaceutical filtration market is dominated by players like Danaher, GE Healthcare, GEA Group, Graver Technologies, Merck Millipore, Parker Hannifin Corporation, Repligen Corporation, Sartorius Stedim Biotech, Thermo Fisher Scientific, 3M, Eaton, Antylia Scientific (Cole-Parmer), among others.
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