Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Future of the Global Depth Filtration Market – Growth rate, Latest Trend and Forecast

(Medical-NewsWire.com, August 23, 2019 ) The growth of the market will majorly be driven by the increasing production of biologics and large molecules, as depth filtration plays a significant role in providing pure and quality products. Depth filters offer advantages such as low cost and ease of use; these advantages are driving their uptake in the market. However, low capacity of depth filters for high-density harvest is a key challenge in this market.



What the Market Looks Like?



Predicted to grow at a CAGR of 11.7% during the forecast period, the Global Depth Filtration Market is estimated to reach USD 2.96 Billion by the end of 2022.



on the basis of application is broadly classified into final product processing, cell clarification, raw material filtration, and other applications (such as water purification and viral clearance). The final product processing segment is further divided into small molecule processing and biologics processing. Similarly, the raw material filtration segment is further categorized into media & buffer filtration and bioburden testing.



Furthermore, based on application, the Depth Filtration Market is categorized into final product processing, cell clarification, raw material filtration, and other applications. In 2017, final product processing segment is expected to account the largest share of the global Depth Filtration Market. The final product processing segmented is further divided into small molecule processing and biologics processing. The large share of the final product processing segment is attributed to the rapid growth in the biopharmaceutical industry, expansion in generics production, and the need for high-quality final products.



Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=143876285



What Drives the Market?



The growth of the global market for Depth Filtration is primarily influenced by the following factors:



• Growth in the Production of Biologics and Large Molecules

• Increasing R&D Expenditure in Pharmaceutical and Biopharmaceutical Companies

• Advantages Such as Low Cost and Ease of Use are Driving the Uptake of Depth Filters

• Emerging Markets Offer Lucrative Growth Opportunities



Geographical growth scenario of Depth Filtration Market:



North America (comprising the U.S. and Canada) is expected to account for the largest share of the global Depth Filtration Market in 2017, followed by Europe. North America is the world’s largest pharmaceutical market and a leader in biopharmaceutical research. Rising quality requirements have emphasized the need for advanced bioproduction technology in this region. Asia-Pacific is expected to grow at the highest CAGR in the forecast period. Significant investments by key market players, increasing government support, developing R&D infrastructure, and growing expertise and academic excellence are the major factors fueling the growth of the Depth Filtration Market in the Asia-Pacific region.



Leading market players and strategies adopted:



The prominent players in the Depth Filtration Market include Merck KGaA (Germany), Pall Corporation (U.S.), Eaton Corporation Plc (Ireland), and 3M Company (U.S.)



Read More: https://www.marketsandmarkets.com/PressReleases/depth-filtration.asp



Merck Millipore KGaA (Germany) was one of the leading players offering depth filter cartridges. The company has strengthened its position in the market through the adoption of organic as well as inorganic strategies such as expansions and acquisitions. For instance, in 2015, Merck KGaA acquired Sigma Aldrich (U.S.). With this acquisition, the company enhanced its product range & capabilities and expanded its geographic reach & customer base. Similarly, Merck has expanded its Emprove risk assessment program to include a selection of products for filtration and single-use processing.

MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer
FierceHealthcare

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News

[CaRP] XML error: Mismatched tag at line 14 - This appears to be an HTML webpage, not a feed.

Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com. CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.


GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
Medical-Newswire.com - Medicl Newswire and Press Release service of GroupWeb Media LLC