According to the new market research report "Filter
Integrity Test Market by Test Type (Bubble Point, Diffusion, Water
Flow), Mechanism (Manual, Automation), Filter Type (Air, Liquid), End User
(Biopharmaceutical Companies, Contract Manufacturing Organizations, Academics)
- Global Forecast to 2024", published by MarketsandMarkets™, the market
for Filter Integrity Test is projected to reach USD 79 million by 2024 from USD
59 million in 2018, at a CAGR of 5.0% during the forecast period.
Browse in-depth TOC on "Filter Integrity Test
Market"
80 – Tables
27 – Figures
106 – Pages
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The Asia Pacific filter integrity test market, particularly
in China, Japan, India, and South Korea, is expected to witness high growth in
the coming years. Growth in these markets will be fueled by factors such as
significant investments by key market players, increasing government support,
developing R&D infrastructure, increasing outsourcing, and growing
expertise and academic excellence.
The growth of the global filter integrity test market is
mainly driven by the increasing R&D spending across the globe, growth in
the biopharmaceutical industry, and increasing purity requirements.
The major players in the filter integrity test market
are Merck KGaA (Germany), Danaher Corporation/Pall Corporation (US), Sartorius
(Germany), Donaldson Company (US), Parker Hannifin Corporation (US), Meissner
Filtration Product (US), MDI Filtration Technologies (US), Thermo Fisher
Scientific (US), Eaton Corporation (Ireland), and SH-Surway (China).
Sartorius is one of the leading players in the filter
integrity test market. The company has a wide range of product offerings, which
include filter integrity tests, transfer equipment, bottles, and bags. The
company mainly focuses on product innovation and has a strong geographic
presence in Europe, the Americas, and the Asia Pacific. The company is expected
to grow at a positive rate in the market due to its superior product offerings.
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Merck is also a prominent player in the filter
integrity test market. The company has a strong geographic presence across the
Americas, Europe, Asia Pacific, and the Middle East and Africa. Merck focuses
on inorganic strategies to maintain its leading position in this market. For
instance, in 2018, the company signed a MoU with Schneider Electric (France) to
automate biopharmaceutical processes for China’s biopharmaceutical industry.
Recent Developments:
·
Thermo Fisher Scientific opened the new
Bioprocess Design Center in Shanghai, China to connect and collaborate with
biologic developers to design bioprocessing solutions.
·
Merck opened a new manufacturing and
distribution center for its life science business in Mumbai, India to increase
its gross domestic product storage and meet future bioproduction demand.
·
Thermo Fisher Scientific acquired the Advanced
Bioprocessing business from Becton, Dickinson and Company. With this
acquisition, the company expanded its product portfolio of life sciences
solutions.
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