Pharmaceutical Filtration Market 2030: Innovations Powering Biopharma Growth
Pharmaceutical Filtration Market Overview The global pharmaceutical filtration market was valued at USD 11.67 billion in 2022 and is expected to grow to USD 21.96 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.03% from 2023 to 2030. This growth is primarily driven by the increasing prevalence of chronic diseases, rising investments in biopharmaceutical research and development, and ongoing technological advancements in sterilization processes used by biopharmaceutical companies. Impact of COVID-19 on the Market The COVID-19 pandemic had a significant impact on the pharmaceutical filtration market. As the demand for vaccines and biologics surged, the use of pharmaceutical filtration techniques—essential in vaccine manufacturing—also increased, contributing positively to market growth. Moreover, the pandemic heightened the industry's focus on safety and product quality, accelerating the adoption of advanced pharmaceutical filtration products. The ...