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Market Analysis and Insights:- Global Filter Integrity Test Market
Global Filter Integrity Test Market By Product (Desktop, Handheld), Type (Diffusion Test, Water Flow Integrity Test, Bubble Point Test), Filter Type (Liquid, Air), Mechanism (Automated, Manual), End-User (Pharmaceutical & Biopharma Companies, Contract Manufacturing Organizations, Food & Beverages, Microelectronics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Filter Integrity Test Market
Global filter integrity test market is expected to rise to an estimated value of USD 82.57 million by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the overall expansion of the biopharmaceuticals industry.
Market Definition: Global Filter Integrity Test Market
Filter integrity test is the process of testing the efficacy and purification capabilities of filters utilized in the processing and purification of sterile solutions. These tests are applied on the sterile solutions as they are required for by the various pharmaceutical authorities, safety organizations. The tests are segregated on the different methods of checking the integrity but all of them lead to the same conclusion.
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Market Drivers
• Growth in the levels of expenditure incurred on R&D; this factor is expected to drive the growth of the market
• Rise in the concentration of purity and purification systems from the various end-users; this factor is expected to drive the growth of the market
Market Restraints
• Large costs associated with the testing; is expected to restrain the growth of the market
Segmentation: Global Filter Integrity Test Market
By Product
• Desktop
• Handheld
By Type
• Diffusion Test
• Water Flow Integrity Test
• Bubble Point Test
By Filter Type
• Liquid
• Air
By Mechanism
• Automated
• Manual
By End-User
• Pharmaceutical & Biopharma Companies
• Contract Manufacturing Organizations
• Food & Beverages
• Microelectronics
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia-Pacific
• Middle East & Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East & Africa
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Key Developments in the Market:
• In October 2018, Thermo Fisher Scientific announced that they had completed the acquisition of BD’s “Advanced Bioprocessing” business operations. The Advanced Bioprocessing business has annualized revenue of approximately $100 million, with 160 employees at principal manufacturing locations in Detroit, Mich. and Miami, Fla. The operations will be incorporated into Thermo’s “Life Sciences Solutions” business and expands the product offerings of the combined division along with providing expertise for bio-production to the various biopharmaceutical organizations.
• In January 2018, American Air Filter Company, Inc. and their affiliate “AAF Lufttechnik GmbH” announced that they had acquired RIS Facility Management GmbH. This acquisition will further expand the operations of American Air Filter Company, Inc. along with increasing their presence in several geographical regions, as RIS provides inspection, processing, repairing and maintenance services for air filtration in a number of end-use industries.
Competitive Analysis:
Global filter integrity test market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of filter integrity test market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global filter integrity test market are Danaher; Surway Filter; Thermo Fisher Scientific; Eaton; Merck KGaA; Sartorius AG; MEISSNER FILTRATION PRODUCTS, INC.; Donaldson Company, Inc.; PARKER HANNIFIN CORP; Advanced Microdevices Pvt. Ltd.; Pentair plc; 3M and neuron-biotech.net.
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Research Methodology: Global Filter Integrity Test Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
• Current and future of global filter integrity test market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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