The study involved two major activities in estimating the current market size of the sterile filtration market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Data Triangulation:
After arriving at the overall market size-using the market size estimation processes explained above-the market was split into several segments and subsegments.
To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides of the market.
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The major factors driving the growth of this market include the advantages of sterile filters over non-sterile filters, the growing demand for pure water in the end-user market, increasing adoption of single-use technologies, and rising focus on the development of large biopharmaceutical drugs.
The sterile filtration market is projected to reach USD 7.4 billion by 2025 from USD 4.7 billion in 2019, at a CAGR of 8.0% during the forecast period.
Fill-finish process accounted for the largest share of the application segment in 2018
Based on application, the sterile filtration market is segmented into fill-finish processes, buffer filtration & cell culture media preparation, bioburden reduction, water purification, and air filtration. The fill-finish processes segment accounted for the largest market share in 2018. The fill-finish process is the final operation in the manufacturing of sterile products and demands the highest level of quality and reliability. This, in turn, drives the demand for sterile filters, as it is the most critical filtration step to ensure product sterility and safety.
Recent developments:
# In 2019, Merck (Germany) launched the Stericup Quick Release 500 ml Vacuum Filtration System.
# In 2019, Merck (Germany)) expanded its distribution capacity in Gillingham, UK.
# In 2019, Sartorius (Germany) launched Sartolab MultiStation (filtration units).
# In 2018, Pall (US) established a Biotech Integrated Solutions Center of Excellence (CoE) in Shanghai, China. This center is equipped with advanced bioprocessing equipment, including single-use cell culture solutions, cell clarification using acoustic wave technology, chromatography using automated packing techniques, viral clearance, and tangential flow filtration, to serve bioprocess engineering consultancies for China and broader Asia.
North America accounted for the largest share of the sterile filtration market in 2018
The large share of North America in this market is attributed to factors such as the strong presence of sterile filter product manufacturers in the region, the presence of a well-established biopharmaceutical industry, significant R&D spending by pharmaceutical and biotechnology companies, and the presence of a well-established intellectual property system for innovative biologics production.
Key questions addressed by the report:
# Who are the major market players in the sterile filtration market?
# What are the regional growth trends and the largest revenue-generating regions in the market?
# What are the major drivers and challenges in the market?
# What are the major product segments of the market?
# What are the major end users for sterile filtration?
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The major players in the sterile filtration market include Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), 3M (US), and Parker Hannifin Corporation (US). These players have adopted various growth strategies such as product launches, acquisitions, agreements, partnerships, and expansions to increase their presence in the global sterile filtration market.
Merck KGaA (Germany) is the leading player in the global sterile filtration market. The company offers a wide range of sterile filtration products through its Process Solutions business segment. The Process Solutions segment of the company is the most dynamic business unit; wherein in 2018, it contributed the largest share (~40%) to the company’s organic sales and witnessed double-digit growth (~16%) from the previous year.
Danaher (US) is the second-largest player in the global sterile filtration market. Danaher provides filtration, separation, and purification technologies for the medical, biopharmaceutical, and food & beverage industries through its subsidiary, Pall Corporation (a part of the Life Sciences business). Danaher operates as one of the top players in the sterile filtration market with its strong portfolio of sterile filters, inclusive of membranes, syringe filters, vacuum devices, and large-molecular capsules.
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