Hollow Fiber Filtration Market Size to Reach USD 374.3 Million by 2027 at a CAGR of 7.5%

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BANGALORE from India, November 16, 2021 / PRNewswire / – The Hollow Fiber Filtration Market is segmented by type (Microfiltration, Ultrafiltration), Application (manufacturers of pharmaceutical and biotechnology products, research and development departments, contract research and manufacturing organizations, others). The report covers the analysis of global opportunities and industry forecast from 2021 to 2027. It is published in Evaluate reports under Industrial materials and equipment Category.

The global hollow fiber filtration market size is expected to reach $ 374.3 million by 2027, from $ 218.3 million in 2020, at a CAGR of 7.5% over the forecast period 2021-2027.

Major Factors Driving the Growth of Hollow Fiber Filtration Market:

Factors such as the increasing trend for continuous manufacturing, the increasing use of single-use technologies, and the growth of the biopharmaceutical industry are advancing the global hollow fiber filtration market.

In addition, increased investment in cell research is expected to provide lucrative growth opportunities for players in the hollow fiber filtration market.

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Trends influencing the growth of the hollow fiber filtration market

The hollow fiber filtration market is expected to grow owing to the increasing use of hollow fiber filtration by pharmaceutical and biotechnology companies. Fiber bioreactors used in the medical and pharmaceutical industries are made of cellulose and synthetic polymers, and they are frequently modified to increase permeability, hemocompatibility and cytocompatibility, all of which are important for the purification of hemostasis and hepatic assistance bioreactors. Hollow fiber filters are increasingly used in the medical and pharmaceutical industries, as well as in industrial separation applications and drug efficacy testing for cancer therapy.

In addition, hollow fiber systems are also used in drug efficacy testing, and the fiber wall with the permeable membrane is used to control drug release. Due to their high surface area to volume ratio and loading flexibility, hollow fibers make good drug carriers. It is further expected to drive the growth of the hollow fiber filters market.

Hollow fiber filtration is also used in the treatment of domestic wastewater. This, in turn, is expected to propel the hollow fiber filtration market forward. Hollow fiber ultrafiltration is used to test source water for natural protozoa and to clean drinking water by concentrating microorganisms within individual hollow fibers. Hollow fiber filtration works the same as capillary and tubular filtration systems, but with a smaller tube size that allows for more flexibility.

Additionally, the current COVID-19 pandemic is expected to boost the hollow fiber filtration market. Hollow fiber membrane filtration, microcarrier cell bead transfer amplification culture, and new high-selectivity chromatography filling technology, when combined, may better adapt to the challenges of large-scale vaccines. As a result, the use of hollow fiber filters in the market is increasing.

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Hollow Fiber Filtration Market Share Analysis

Based on the type, the microfiltration segment is expected to be the most lucrative, microfiltration is a low pressure membrane procedure. Hollow fiber filters are preferred for microfiltration operations, especially in the recovery of proteins expressed by bacteria, due to their open structure.

Based on end users, pharmaceutical and biotechnology manufacturers are expected to be the most lucrative segment. The increasing demand for hollow fiber filters in ultrafiltration, diafiltration and microfiltration processes in biopharmaceutical manufacturing, along with the increased use of continuous manufacturing techniques, are increasing the growth of the segment.

North America should be the most lucrative region. The dominance of this region can be attributed to many large companies in the region focusing on new technologies such as infusion systems, the ease and cost effectiveness of hollow fiber filters and the growing demand for filtration systems in the biopharmaceutical industry.

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This report includes the following manufacturers; we can also add the other companies as you want.

  • Asahi Kasei Company
  • GE Healthcare
  • Koch membrane systems
  • Repligen Corporation
  • Danaher Company
  • Others

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