Life Science Filtration Global Market is estimated to be worth $11.4 billion by 2028

BANGALORE, India - Oct. 7, 2023 - PRLog -- Life Science Filtration Global Market is estimated to be worth $11.4 billion by 2028

IQ4I's Report Contains 102 market data tables and 103 figures spread through 411 pages and an exhaustive TOC on "Life Science Filtration Global Market", [PRODUCTS (Filtration system {Direct Flow System (DFF), Tangential Flow System (TFF) and others}, Filtration Consumables {Based on Filter type : Membrane Filters and Depth Filters,  Based on Filter Usage :Reusable Filtration and Single use Filtration} and Accessories), APPLICATIONS (Drug Discovery, Development and Manufacturing {Small molecule Filtration and Large molecule Filtration}, Final Processing, Medical Devices and Others), END-USERS (Pharma, Biotech and CMO's, Hospitals, Diagnostic labs & Dialysis Centers, and Others); REGIONAL (North America, Europe, Asia Pacific and Rest of the World)].

The life science filtration global market is expected to grow at a double digit CAGR from 2021 to 2028 to reach $23,684.5 million by 2028. The factors such as growing demand for biologics, increasing investment in research and development (R&D) and expansion of manufacturing facilities, demand for generic pharmaceuticals, rapid growth of medtech industry with increasing disease population are driving the market, Whereas increasing use of single use technologies and advancements in filtration technologies such as  development of high capacity membrane filters, changes in designs of filters, advancement in membrane technologies and TFF process technologies are providing immense growth opportunities to the market. The high cost of filtration devices, complications associated with filtration and stringent regulations associated with pharma manufacturing and medical device industry are hindering the market growth.

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