Healthcare Global Pharmaceutical Filtration Market (2016-2024 | Page 2

Pharmaceutical Filtration Market Overview
Pharmaceutical filtration is defined as a process to separate suspended
particles from a medium by passing them through a membrane. Filtration is
the most important process of pharmaceutical industry. Pharmaceutical
Filtration is widely used for various applications such as cell separation, water
purification, air filtration and others. Further, nanofiltration technology is
heavily adopted by pharmaceutical industries for the filtration process.
Market size and forecast
The Global Pharmaceutical Filtration Market is expected to grow at a CAGR of
11.8% over the forecast period i.e. 2017-2024. Further, growing expansion of
the biopharmaceutical industry and rise in healthcare expenditure are
envisioned to foster the growth of pharmaceutical filtration market across the
globe.
The Global Pharmaceutical Filtration Market is segmented into product type,
application, technology, and region. On the basis of technology, the segment is
further sub divided into ultrafiltration, nanofiltration, microfiltration, ion
exchange, and others. Further, microfiltration segment is expected to be the
largest segment by the end of 2024 owing to wide use application of
microfiltration technology.
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