Hollow Fiber Filtration Market Size to Reach USD 3605.95 Million by 2028 at CAGR 6.52%

The Hollow Fiber Filtration market was valued at USD 2468.18 million in 2022, and it is anticipated to reach USD 3605.95 million by 2028, registering a CAGR of about 6.52% during the forecast period (2022–2028).
 
BANGALORE, India - March 10, 2022 - PRLog -- Factors such as the expanding inclination for continuous manufacturing, the increasing use of single-use technologies, and the growing biopharmaceutical industry are propelling the global hollow fiber filtration market forward.

Furthermore, increased investment in cell-based research is likely to provide lucrative growth opportunities for the hollow fiber filtration market players.

Based on type, the microfiltration segment is expected to be the most lucrative, Microfiltration is a low-pressure membrane procedure. Hollow fiber filters are favored for microfiltration operations, particularly in the recovery of proteins expressed by bacteria, due to their open structure.

Based on end-users, pharmaceutical and biotechnology manufacturers are expected to be the most lucrative segment. The expanding demand for hollow fiber filters in ultrafiltration, diafiltration, and microfiltration processes in biopharmaceutical manufacturing, as well as the increased usage of continuous manufacturing techniques, is augmenting the segment's growth.

North America is expected to be the most lucrative region. This region's dominance can be ascribed to many major firms in the region focusing on novel technologies such as perfusion systems, the ease and cost-efficiency of hollow fiber filters, and the expanding demand for filtration systems in the biopharmaceuticals industry.

View Full Report: https://reports.valuates.com/reports/QYRE-Othe-2F477/holl...

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