Global Tangential Flow Filtration Market is Expected to Grow from USD 944 Million in 2019 to USD 1,590 Million by 2024, at a CAGR of 11% - ResearchAndMarkets.com

DUBLIN--()--The "Tangential Flow Filtration Market by Product (TFF System, Membrane Filter), Application (Bioprocess, Viral Vector Purification), Technique (Ultrafiltration, Microfiltration), Material Type (PES/PS Membrane), Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The major factors driving the growth of this market include the advantages of tangential flow filtration (TFF) over normal flow filtration (NFF), increasing adoption of single-use technologies, and increased cGMP adoption. However, the high capital expenditure required to set up new production facilities is a major factor restraining the growth of this market.

The membrane filter segment is expected to grow at the highest CAGR during the forecast period.

On the basis of product, the market is broadly segmented into systems, membrane filters, and accessories. The membrane filters segment is projected to grow at the highest CAGR during the forecast period. The growing adoption of membrane filters in the pharmaceutical industry is mainly due to their advantages over dead-end filters, such as high throughput, high accuracy, high flow rate, less filtration time, no membrane fouling, and minimized cross-contamination. In addition to this, the availability of these filters in a variety of polymers, pore sizes, diameters, and surface types for site-specific applications is also supporting the growth of this market.

Microfiltration is expected to grow at the highest CAGR during the forecast period.

Based on technology, the market is segmented into ultrafiltration, microfiltration, and other TFF technologies. The microfiltration segment is expected to be the fastest-growing due to its efficacy in removing natural and synthetic organic matter to reduce fouling potential.

Viral vector and vaccine purification segment to grow at the highest CAGR during the forecast period.

By application, the market is segmented into bioprocess applications, viral vector and vaccine purification, and other applications (drug formulation, blood plasma fractionation, media, and buffer preparation, and pharmaceutical water purification). The viral vector and vaccine purification segment is expected to grow at the highest CAGR during the forecast period. Owing to vaccine safety regulations, the viral vector and vaccine purification trend has been shifted from classical purification methods like sucrose gradient centrifugation towards more sophisticated techniques like TFF and liquid chromatography.

Asia Pacific to account for the largest share of the global market in 2019.

Asia Pacific is expected to be the fastest-growing segment during the forecast period. Factors such as the increasing demand for generic drugs and biosimilars, significant investments by biopharmaceutical companies and CMOs in emerging Asia Pacific countries, the increasing focus on healthcare modernization, and demand for low-cost medicines are supporting the growth of the Asia Pacific market.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in this market and provide information on the closest approximations of the revenue numbers for the overall tangential flow filtration market and its subsegments. This report will help stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and provide information on key market drivers, restraints, opportunities, and challenges.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Limitations

1.6 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Estimation Methodology

2.3 Data Triangulation

2.4 Research Assumptions

3 Executive Summary

4 Premium Insights

4.1 Tangential Flow Filtration Market Overview

4.2 North America: Market Share, By Product & Country (2019)

4.3 Market, By Material (2017-2024)

4.4 Market, By Application, 2019 vs 2024 (USD Million)

4.5 Market, By Technique, 2019 vs 2024 (USD Million)

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

6 Tangential Flow Filtration Market, By Product

6.1 Introduction

6.2 Systems

6.3 Membrane Filters

6.4 Accessories

7 Tangential Flow Filtration Market, By Material

7.1 Introduction

7.2 PES/PS

7.3 Regenerated Cellulose

7.4 Other Materials

8 Tangential Flow Filtration Market, By Technique

8.1 Introduction

8.2 Ultrafiltration

8.3 Microfiltration

8.4 Other Tangential Flow Filtration Techniques

9 Tangential Flow Filtration Market, By Application

9.1 Introduction

9.2 Bioprocess Applications

9.3 Viral Vector & Vaccine Purification

9.4 Other Applications

10 Tangential Flow Filtration Market, By Region

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 Rest of the World

11 Competitive Landscape

11.1 Introduction

11.2 Market Ranking Analysis

11.3 Competitive Leadership Mapping

11.4 Competitive Scenario

12 Company Profiles

12.1 Merck Millipore

12.2 Danaher Corporation

12.3 Sartorius AG

12.4 GE Healthcare

12.5 Repligen Corporation

12.6 Parker Hannifin Corporation

12.7 Alfa Laval Corporate AB

12.8 Andritz AG

12.9 Watersep Bioseparations Corporation

12.10 Cole-Parmer Instrument Company, LLC

12.11 Solaris Biotechnology Srl

12.12 Koch Membrane Systems, Inc.

12.13 Sterlitech Corporation

12.14 Synder Filtration, Inc.

12.15 Other Companies

12.15.1 Pendotech

12.15.2 Artesyn Biosolutions

12.15.3 Microfilt India Pvt. LTD.

12.15.4 Bionet

12.15.5 Sysbiotech GmbH

12.15.6 Cobetter Filtration Equipment Co. LTD.

For more information about this report visit https://www.researchandmarkets.com/r/tmjx4z

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900