Market Size Estimation:

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Sterile Filtration Procedure Market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

# The key players in the industry and markets have been identified through extensive secondary research

# The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes

# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation:

After arriving at the overall market size—using the market size estimation processes—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, the 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 in the sterile filtration industry.

Expected Revenue Growth:

The global sterile filtration market size is projected to reach USD 7.6 billion by 2025 from USD 5.1 billion in 2020, at a CAGR of 8.2%. 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 manufacturing and use of advanced filters for sterile filtration and the untapped potential in emerging countries offer a significant scope of growth in the sterile filtration market.

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Emerging Regions:

Countries such as China, India, Brazil, and South Africa have experienced exponential economic growth in recent decades, resulting in a large and developing industrial base. This is also attributed to trade liberalization and market-oriented structural reforms, which have spurred economic growth in these countries. As a result, emerging markets are becoming preferred as manufacturing and research locations for global players in the pharmaceutical industry and are being regarded as pharmerging markets. In 2018, for instance, Pall Corporation (Danaher), a leading player in the filtration market, opened a USD 2-million Nanyang Polytechnic (NYP) Center of Excellence in Singapore to showcase its single-use biopharmaceutical purification technologies.

Growing health concerns and strengthening of regulations, along with ongoing technological developments in the filtration equipment market, are transforming the pharmaceutical and food & beverage industry in emerging markets—right from conventional methods of filtration to modern, sophisticated filtration methods. This is expected to drive the overall demand for sterile filtration equipment in emerging markets, thus providing growth opportunities for market players.

Recent Developments in the Global Sterile Filtration Procedure Market​:

# 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.

COVID19 Impact On The Sterile Filtration Market

Countries are in a global race to develop and mass-produce an efficient vaccine to fight the deadly coronavirus disease. The economic and social burden of pandemics has prompted government bodies to increase funding for vaccine development on a global scale.

# The German government’s Federal Ministry of Education and Research provided ~USD 200 million (GBP 157.0 million) to support CEPI’s (Coalition for Epidemic Preparedness Innovation) plan of developing a COVID-19 vaccine.

# The EU public-private partnership, the Innovative Medicines Initiatives (IMI), will be allocating ~USD 127 million for research on diagnostics, therapeutics, and vaccine development for COVID-19. The European Commission committed USD 78 million, and USD 49 million will be provided by the pharmaceutical industry, IMI-associated partners, and other organizations involved with the projects.

# The US Congress has passed an emergency response bill of USD 8.3 billion for prevention efforts and the development of vaccines for COVID-19.

# According to the UK government, the country has invested USD 82.0 million for research on coronavirus and the development of vaccines for COVID-19.

Key Players:

Some of the major players in the sterile filtration market include Merck KGaA (Germany), Danaher Corporation (US), Sartorius AG (Germany), 3M (US), Parker Hannifin Corporation (US), Sterlitech Corporation (US), Alfa Laval AB (Sweden), and Thermo Fisher Scientific (US).

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