Lucintel Forecasts Tangential Flow Filtration Market to Reach $2.7 Billion by 2028

Category: Business

According to the recent study the tangential flow filtration market is projected to reach an estimated $2.7 billion by 2028 from $1.6 billion in 2023, at a CAGR of 11.4% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for biopharmaceuticals for treating various disorders and degenerative diseases, growing adoption of single-use technologies, and rising investment by pharmaceutical companies. A more than 150 – page report is developed to understand trends, opportunities and forecast in tangential flow filtration market by product (single use systems, reusable systems, membrane films, and filtration accessories), membrane material (polyethersulfone, regenerated cellulose, and other materials), technology (ultrafiltration, microfiltration, nanofiltration, and others), application (protein purification, vaccine and viral vectors, and others), end use industry (pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, and others), and region. Download sample report by clicking on below link https://www.lucintel.com/tangential-flow-filtration-market.aspx “Membrane filters market is expected to remain the largest segment during the forecast period.” Based on product, the tangential flow filtration market is segmented into single use systems, reusable systems, membrane films, and filtration accessories. Lucintel forecasts that the membrane filters market is expected to remain the largest segment due to increasing demand in the pharmaceutical industry as membrane filters offer accuracy, higher flow rate, less filtration time, and minimized cross-contamination. “Within the tangential flow filtration market, the pharmaceutical and biotechnology company segment is expected to remain the largest end use industry” Based on end use industry the pharmaceutical and biotechnology company segment is expected to witness the highest growth over the forecast period due to increasing activity in drug discovery in pharmaceutical and biotechnology firms along with growing investments by companies to support the R&D efforts. “North America will dominate the tangential flow filtration market in near future” North America is expected to witness the highest growth during the forecast period due to increased number of drug development projects, availability of advanced infrastructure for novel biologic activity, and encouraging government incentives for the growth of the TFF market in the region. Download Brochure of this report by clicking on https://www.lucintel.com/tangential-flow-filtration-market.aspx Major players of tangential flow filtration market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Danaher Corporation, Merck Millipore, Sartorius Stedim Biotech, Parker Hannifin Corporation, GE Healthcare, Alfa Laval, Novasep, Pendotech, and Spectrum Laboratories are among the major tangential flow filtration providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/tangential-flow-filtration-market.aspx or helpdesk@lucintel.com