iCrowdNewswire Oct 30, 202010:55 AM ET
Tangential Flow Filtration Market size is estimated to reach $1.49 Billion, growing at a CAGR of 10.7% during the forecast period 2020-2025. Unlike the normal flow filtration where the feed passes through the membrane and the non-permeating particles are retained by the membrane, In Tangential Flow Filtration (TFF) the feed flows parallel to the feed-side membrane surface instead of passing through the membrane. TFF is a rapid and efficient method for separation and purification of biomolecules. It enables researchers to perform a wide variety of applications in various biological fields such as immunology, protein chemistry, molecular biology, biochemistry, and microbiology. Factors such as increase funding by Pharmaceutical companies, increase in adoption of single use technologies are few of the factors which is driving the growth of Tangential Flow Filtration during the forecast period 2020-2025.
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By Product Type – Segment Analysis
Based on product type, Tangential flow filtration market is segmented into Tangential Flow Filtration Systems, Tangential Flow Filtration Membrane Filters and Others. In 2019, tangential flow filtration system dominated the tangential flow filtration market in terms of revenue. This is owing to increasing use of different single-use systems among end users. Tangential flow filtration membrane filters are set to grow at the highest CAGR of 7.7% during the forecast period 2020-2025 owing to its high demand.
By End User – Segment Analysis:
Based on End User, Tangential Flow filtration market is segmented into Pharmaceutical and biotechnological companies, academic & research institutes, and contract research organizations. The pharmaceutical and Biotechnological companies are predicted to accounts for the largest share of the TFF market in 2019. The growing adoption of membrane filters in the biotechnological industry is owing to their advantages over dead-end filters, high flow rate, less filtration time, no membrane fouling, and minimized cross-contamination.
By Geography – Segment Analysis
In 2019, the North America region dominated tangential flow filtration market in terms of revenue with a market share of 37.7% owing presence of a well-established pharmaceutical and biotechnological industry and significant spending done on the research and development the companies in the region.
Asia Pacific is set to be the fastest growing region during the forecast period 2020-2025. This is owing to emerging pharma market and development in terms of biological, biosimilars.
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Drivers – Tangential Flow Filtration Market
- Increased Uses in The Applications
The growth of the global tangential flow filtration market can be attributed to the growth in the Pharmaceutical and Biotechnological sector, increasing demand of biosimilars and generic drug and rising funding for the research and development of the molecules by these companies are the major factors driving the growth of this market. The increasing adoption of single-use technologies, and the benefits associated with tangential flow filtration over other filtration techniques are other reasons driving the tangential flow filtration market.
Challenges – Tangential Flow Filtration Market
- Cost and Time Associated with Development
The Pharmaceutical and biotechnological companies would have to invest enormous sums for the procurement and setting up of a new production facility. This often discourages small scale companies and laboratories to adopt the new technology and forces then to continue using the traditional methods of filtration, are the restraining factors for the tangential flow filtration market.
- In February 2019, Danaher Corporation acquired BioPharma unit of GE Healthcare, a company specializing in TFF systems. This acquisition provides valuable share to Danaher Corporation owing to the inherent connection between their main product segments.
- The major factors driving the growth of this market include the advantages of tangential flow filtration (TFF) over normal flow filtration (NFF).
- Stringent regulatory laws and increasing adoption of single-use technologies and are the driving factors for the growth of Tangential Flow Filtration market.
- Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in Tangential Flow Filtration Market.
Tangential Flow Filtration Industry Outlook
Product Launches was the key strategy of the players in the Tangential Flow Filtration Industry. Tangential Flow Filtration top 10 companies include Merck Millipore, Danaher Corporation, Sartorius AG, Repligen Corporation, Arker Hannifin Corporation, Alfa Laval Corporate AB, Andritz AG, Watersep Bioseparations Corporation, Cole-Parmer Instrument Company, Llc., And Solaris Biotechnology SRL
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