According to a new report published by Allied Market Research, titled, โTangential Flow Filtration Market: Global Opportunity Analysis and Industry Forecast, 2022-2029โ Tangential flow filtration (TFF) is a rapid and efficient method for separation and purification of biomolecules. It can be applied to a wide range of biological fields such as immunology, molecular biology, biochemistry, and microbiology. It can be used to concentrate and desalt sample solutions ranging in volume from 10 mL to thousands of liters. It can be used to fractionate large from small biomolecules, harvest cell suspensions, and clarify fermentation broths and cell lysates.
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Growth in the biopharmaceutical sector, rising funding by pharmaceutical companies, the increasing adoption of single-use technologies, and the benefits associated with tangential flow filtration. The efficient applications of tangential filtration technique are for various purposes, such as downstream processing in bio-manufacturing, separation and purification of biomolecules, and upstream harvesting.
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COVID-19 Scenario Analysis:
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future. Considering these factors, COVID- 19 is expected to have significant impact on Tangential Flow Filtration Market.
North America contributed for the increased share of the global market of Tangential Flow Filtration market, followed by Europe. Factors like strong presence of Tangential Flow Filtration product manufacturers in the region also established biopharmaceutical industry, notable growth in R&D spending by pharmaceutical and biotechnology companies, and the presence of intellectual property system for innovation of biologics production are boosting the growth of the Tangential Flow Filtration market in North America.
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- This study presents analytical depiction of global tangential flow filtration industry along with the current trends and future estimations to determine the investments to be made.
- The report presents information related to key drivers, restraints and opportunities with detailed analysis of tangential flow filtration market share.
- The current market is quantitatively analyzed from 2019-2027 to highlight the tangential flow filtration market growth scenario.
- Porterโs five forces analysis gives the potency of buyers and suppliers in the market.
- The report provides a detailed global tangential flow filtration market analysis based on competitive intensity what will be the scenario in upcoming years.
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