Filtration is used to remove particles and contaminants from liquids. Filtration through a pore size of 0.2 µm is considered necessary to produce a sterile filter. Filtration solutions can range in volume from just a few milliliters to several liters. Typical fluids may include serum, buffers, biological or proteinaceous samples, reagents, or other fluid media free of particulate or microbial contamination.
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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 Sterile Filtration Market.
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New product launches to boost the market:
• November 2019, Sonoco acquired healthcare packaging and medical device Thermoformer.
• In 2017, Merck Millipor made several announcements, including its new product—the SteriCup Quick Release 500 ml Vacuum Filtration System—and the establishment of Mobius single-use manufacturing facilities in China and India.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:
- This study presents analytical depiction of global sterile 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 sterile filtration market share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the sterile filtration market growth scenario.
- Porter’s five forces analysis gives the potency of buyers and suppliers in the sterile filtration market.
- The report provides a detailed global sterile filtration market analysis based on competitive intensity what will be the scenario in upcoming years.
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𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
Sartorius AG (Germany), Danaher Corporation (US), Merck KGaA (Germany), Parker Hannifin Corporation (US).
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