Pharmaceutical Filters Market Size, and Share - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018-2026
Filtration is an important process in pharmaceutical, biotechnological, and bioscientific laboratories.
Pharmaceutical filtration devices are widely used in drug manufacturing, research & development,
and others. There are various types of filers available such as membrane filters, prefilters and depth
media filters, and cartridge & capsule filters according to the requirement.
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Increasing research and development activities for new drug development is expected to drive
growth of the global pharmaceutical filters market in the near future
Pharmaceutical filters are widely used in research and development of new drugs, thus increasing
R&D activities is expected to increase demand for pharmaceutical filters. According to International
Federation of Pharmaceutical Manufacturers & Associations, 2017, around 56 new medicines were
launched in 2015, while over 7,000 compounds were at different stages of development, globally.
The research-based pharmaceutical industry invested over US$ 149.8 billion on R&D per year,
according to the same source. Growing generic and biologics manufacturing market is also expected
to lead to high demand for pharmaceutical filters, as these are primarily used in drug manufacturing
processes.
North America is expected to exhibit a significant growth in the global pharmaceutical filters
market over the forecast period
North America market is expected to exhibit high growth over the forecast period. This is owing to
growing pharmaceuticals industry in the U.S. According to a study published by International
Federation of Pharmaceutical Manufacturers & Associations, 2017, U.S. represented largest market
share (i.e. 40.3%) in the global pharmaceuticals market in 2015. Moreover, the country’s share in
global pharmaceutical market is expected to reach to 41% by 2020. Filters are used at various stages
of manufacturing of pharmaceuticals, in the U.S. and this is expected to drive demand for
pharmaceutical filters. In the region, in turn aiding in growth of the market.
Asia Pacific is expected to be the second-largest market for pharmaceutical filters, owing to
growing pharmaceuticals industry in the region and increasing export of pharmaceuticals by
countries such as India and China. According to the report published by Department of Industrial