USD 2.10 Billion
Report ID:
SQMIG35H2128 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
121 |
Figures:
77
Global Tangential Flow Filtration Market size was valued at USD 2.10 Billion in 2022 and is poised to grow from USD 2.34 Billion in 2023 to USD 5.61 Billion by 2031, at a CAGR of 11.53% during the forecast period (2024-2031).
Tangential flow filtration technology is growing in popularity to meet the increased demand for biopharmaceuticals for the management of different diseases and degenerative diseases including diabetes, cancer, & rheumatoid arthritis. This trend is the primary factor driving the market. Tangential flow filtration's (TFF) advantages, such as its high performance & reproducible operations, as well as companies increasing involvement in the creation of fresh TFF products, are also having an effect on the market's growth.
Additionally, ongoing industry expenditures and encouraging government initiatives have led to facility expansions and active R&D for the creation of new tools and technologies that are used in the production of biopharmaceuticals. The mass manufacture of the COVID-19 vaccine and the rising demand for biopharmaceuticals have opened up a slew of new options for major firms. Additionally, the utilization of single-use TFF equipment among end-users has increased due to the growing acceptance of single-use biological processing equipment for the production of biopharmaceuticals. To address the rising demand for single-use technology required for the production of the COVID-19 vaccine, for instance, Pall Corporation invested a total of USD 114 million.
The additional advantages of TFF above traditional flow filtration add to the high utilization rate and continue to drive the market growth. A few benefits of TFF systems include increased flow rate, reduced product build-up, removing filter aids, simplified cleaning, and filter replacement. Additionally, because TFF is a continuous filtering process, it takes less time to run and is now automated thanks to technology improvements. Automated filtering systems extend the process's resilience and productivity by decreasing fouling of the membrane, which eventually lengthens the membrane's shelf life. These advantages have led to the use of TFF systems in the production of biopharmaceuticals. Several firms have also improved their marketplace presence and created cutting-edge technology. For instance, Repligen Corporation received a patent in 2021 for their Tangential Flow Depth Filtering (TFDF) filter, which offers a one-use solution with little hold-up volume and lots of flux. Over the forecast period, such advancements and breakthroughs in this field are anticipated to fuel industry expansion.
US Tangential Flow Filtration Market is poised to grow at sustainable CAGR for the next forecast year.
Global Market Size
USD 2.10 Billion
Largest Segment
Microfiltration
Fastest Growth
Microfiltration
Growth Rate
11.53% CAGR
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The global tangential flow filtration market is segmented on the basis of product, technology, application, end-use, and region. Based on product, the market is segmented into Single-use Tangential Flow Filtration Systems, Reusable Tangential Flow Filtration Systems, Membrane Filters, and Filtration Accessories. In terms of technology, the market is segmented into Ultrafiltration, Microfiltration, Nanofiltration, and Others. Based on Application the market is segmented into Protein Purification, Vaccine and Viral Vectors, Antibody Purification, Raw Material Filtration, Others. Based on End-user the market is segmented into Pharmaceutical & Biotechnology Companies, Contract Research Organizations & Contract Manufacturing Organizations, Academic Institutes & Research Laboratories. Based on region the global Tangential Flow Filtration Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Tangential Flow Filtration Market Analysis by Product
The membrane filters had the biggest market share—more than 30% in 2022. The category is growing as a result of the ongoing use of filtering systems by diverse industries, the benefits of the TFF system above dead-end and normal flow filtration, and the availability of numerous filter types like PES, PVDF, PCTE, and PTFE. Additionally, the ability to scale upward and downward is powered by the ability to use different membrane pores & filtration regions for the desired operation.
Single-use TFF systems will experience a growth rate of 12.26% throughout the duration of the prediction. The market's growth will be aided by the growing use of single-use technologies by companies, contract organizations, and academic settings. Smaller footprints, quicker processing times, and less cross-contamination are just a few of the benefits that have propelled the market for disposable TFF systems. The predicted growth is further aided by the introduction of new single-use TFF systems. For instance, ABEC, Inc. stated the release date of their fresh single-use TFF device as 2021. In this item's launch, the company aims to increase downstream production by offering high flow rates and rapid processing times.
Tangential Flow Filtration Market Analysis by Technology
The microfiltration market had the greatest share—more than 30.0% in 2030. The extensive usage of microfiltration technologies during cell separation procedures greatly aids in this segment's income generating. Microfiltration membranes also provide solutions for problems including protein fractionation, microbial eradication, and treatment of other membranes, which supports the growth. Additionally, because the pore diameters of these membranes range from 0.1 to 10 m, this technology provides optimized flow, lessens the potential for fouling, and aids in the separation of particles that are suspended.
The market for nanofiltration is predicted to develop at the quickest rate between 2023 and 2030. Selective ion separation & end-stage sterilization are two common applications for nanofiltration technology, which makes use of pores in membranes with a size of 1 to 10 nm. Additionally, these membranes use less energy while producing a high flux at low pressures. Nanofiltration membranes, which exclude multivalent ions, microorganisms, proteins, and organic molecules while permitting only water and certain salts to pass through, will be the primary source of demand for this market sector in the future. Water purification, supply stream management, medicine formulation and filling, and water pollution control all make extensive use of this technique.
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North America had the highest revenue share (almost 40.0%) in 2022. Regional growth has been aided by the expansion of bioprocessing facilities to fulfill the demand for biotherapeutics, the rise in the prevalence of chronic diseases & genetic conditions, growing public knowledge of the safety of medical interventions, and the development of healthcare environments. In addition, having a helpful government promotes development. For instance, the budget for 2021 from the Government of Canada included around USD 0.7 billion (CAD 1 billion) in funding for the growth of life sciences and biomanufacturing companies. This financing is provided for a period of more than seven years through the Strategic Innovation Fund. In order to increase domestic demand for medicines and vaccines in Canada, Biovectra, a CDMO, upgraded its Nova Scotia biologics facility & constructed a new facility in Prince Edward Island.
Asia Pacific (APAC) is expected to see the fastest rate of growth during the forecast period. One of the main factors driving the industry's growth is the creation of CMOs in emerging economies like China, Japan, & South Korea, as well as the growing need for pharmaceuticals & biologics and the large inflow of investments from foreign and domestic companies. The rise of the TFF market in APAC will also be aided by the advancement of the healthcare system, the demand for reasonably priced medications, and the focus on modernizing therapies.
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Tangential Flow Filtration Market Drivers
Increasing Demand for Biopharmaceuticals
Tangential Flow Filtration Market Restraints
High Initial Investment and Operational Costs
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As a result of its advantages and swift adoption by bio-manufacturers, the industry has been expanding without end for the past few years. Key companies in the TFF market now have worthwhile chances thanks to the rising application in domains like immunology, microbiology, and protein purification procedures. A large product line of filtering products for a variety of applications has also led to considerable income generating. Players use a variety of strategic efforts, including alliances, acquisitions, new product launches, and collaborations, to achieve a competitive advantage.
For instance, Solaris Biotechnology Srl, a producer of bioprocessing equipment with headquarters in Italy, was purchased by Donaldson Company, Inc. in 2021 for USD 40.3 million (EUR 41 million). Since Solaris's portfolio comprised bioreactors, TFF structures, and fermenters, the acquisition increased the company's access to clients in the biopharmaceutical and life science industries. These business initiatives will expand the product line, increase the use of TFF goods in bioprocessing operations, or raise market rivalry, all of which will move the market forward.
Tangential Flow Filtration Market Top Player’s Company Profiles
Tangential Flow Filtration Market Recent Developments
In January 2024, Verdot, downstream bioprocessing technology company announced the launch of its FlexiPro TFF, a multipurpose tangential flow filtration (TFF) GMP system, in response to rising industry demand for gene therapy, vaccine, and mRNA-based therapeutics.
In November 2023, Repligen Corporation, a life sciences company focused on bioprocessing technology leadership, announced the commercial launch of TangenX SC, the industry’s first holder-free, self-contained Tangential Flow Filtration (TFF) device. The technology is especially suited to the manufacture of biologics where fully closed systems are critical or ideal, including antibody drug conjugates (ADCs), viral vectors, nucleic acids and lipid nanoparticles, and can also be applied to monoclonal antibody, and recombinant protein production.
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According to our global tangential flow filtration market analysis, filtration technology is growing in popularity to meet the increased demand for biopharmaceuticals for the management of different diseases and degenerative diseases including diabetes, cancer, & rheumatoid arthritis. This trend is the primary factor driving the market. Tangential flow filtration's (TFF) advantages, such as its high performance & reproducible operations, as well as companies increasing involvement in the creation of fresh TFF products, are also having an effect on the market's growth.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 2.10 Billion |
Market size value in 2031 | USD 5.61 Billion |
Growth Rate | 11.53% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Tangential Flow Filtration Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Tangential Flow Filtration Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Product ID: SQMIG35H2128