NORTH AMERICA PHARMACEUTICAL FILTRATION MARKET FORECAST 2021-2028

December 2020
157 pages
ID: 5903645
Format: PDF
Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The North America pharmaceutical filtration market growth is projected to evolve at a CAGR of 7.39% during the forecast period, 2021-2028. The presence of major players in the region is an essential factor in the market growth of the region.

MARKET INSIGHTS
The North America pharmaceutical filtration market growth analysis includes the evaluation of Canada and the United States.In Canada, the Canada’s Research-Based Pharmaceutical Companies (R&D) entails more than fifty companies.

Pharmaceutical sales of the country have a 2.0% share of the global market, according to the IQVIA PharmaFocus data. The annual compound growth has remained positive at 4.5% since 2012. Further, there is an increase in the prevalence of chronic diseases, aiding the growth of the pharmaceutical industry. The growth is also attributed to the growing demand for advanced therapeutic drugs for treating chronic diseases like COPD, arthritis, diabetes, asthma, and cancer. Also, the production of novel biologics calls for absolute sterility and zero contamination risks. This requires the application of advanced filtration products for the manufacture of drugs and biologics. The flourishing pharmaceutical industry is thus anticipated to contribute to the significant growth of the Canadian pharmaceutical filtration market.

COMPETITIVE INSIGHTS
Some of the distinguished companies in the market include, Merck & Co Inc, Amazon Filters Ltd, Eaton Corporation PLC, Graver Technologies LLC, GEA Group AG, etc.

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• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
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Companies mentioned
1. 3M COMPANY
2. ASAHI KASEI CORPORATION
3. CANTEL MEDICAL CORPORATION
4. COORSTEK INC
5. GE HEALTHCARE
6. GRAVER TECHNOLOGIES LLC
7. MERCK & CO INC
8. AMAZON FILTERS LTD
9. EATON CORPORATION PLC
10. GEA GROUP AG
11. MEISSNER FILTRATION PRODUCTS INC
12. PALL CORPORATION (DANAHER CORPORATION)
13. PARKER-HANNIFIN CORPORATION
14. SARTORIUS STEDIM BIOTECH SA
15. SIEMENS HEALTHINEERS
16. THERMO FISHER SCIENTIFIC INC
17. WATERSEP BIOSEPARATION CORPORATION
18. CLEAN MEMBRANES
19. QUA GROUP LLC
20. DUPONT

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