Hollow fiber membrane is the water treatment technology currently used in backpacking water filters and purifiers. It is a type of artificial membrane which involves a semipermeable barrier in the hollow fiber form. Hollow fiber membrane has a wide range of applications, including desalination, cell culture, water treatment, medicine, and tissue engineering. Hollow fiber membrane can be used for various gaseous & liquid industrial separations, especially the filtration of drinking water to remove bacteria & other microorganisms. It is also used in cancer research for testing drug efficacy and has benefits over the traditional xenograft model.
The global hollow fiber filtration market is likely to grow at a significant CAGR of over the forecast period,2020-2027. The major factors are the growing demand for hollow fiber filtration for increasing demand for biopharmaceuticals, and increasing R&D investments. Additionally, the increasing demand for clean water and the rising need for water treatments to remove pollutants & contaminants will spur the global hollow fiber filtration industry in the future periods. Furthermore, the growing public-private funding for hollow fiber filtration activities and the easy development of filtration techniques is expected to witness remarkable growth of hollow fiber filtration. The increasing clinical usage of hollow fiber filtration in pharmacology for the treatment of wastewater from pharmaceutical plants, efficient purification of monoclonal antibodies, bio-pharmaceutical separation and purification operations, and continuous production of polymer-coated drug cry is expected to propel the demand for hollow fiber filtration over the coming years.
Moreover, the upsurge in demand for hollow fiber filtration for treating wastewater and pretreatment in seawater purification impacts the market for hollow fiber filtration in the health care industry. Furthermore, the rapidly expanding customer base, and rise in the extensive R&D activities at the academic & industrial level, and the increasing demand for biomedical applications act like an upstroke in demand for the hollow fiber filtration market. The growing applications of hollow fiber filtration in the production of food & beverage, cell culture, pretreated source water for RO desalination systems, and tissue engineering will bolster the growth of global hollow fiber filtration market share. Additionally, the growing population and increasing healthcare demands in the developing world propelling the growth of the hollow fiber filtration market across the globe.
Hollow fiber membrane is used in many industrial processes, cost-effective and environmentally sustainable than other filtration and separation technology due to the advantages of large market size, low market concentration, and gradual maturity of technology applications; hollow fiber membrane techniques have attracted various enterprises to the layout. The Hollow fiber membrane filtration is usually continuous. It offers several benefits such as low energy utilization, physical separation & no phase change of contaminants, small temperature change, and modular design. The hollow fiber membrane is highly effective in kidney dialysis treatment, purifying the blood and preventing beneficiary minerals. However, restrictions are often challenging to achieve. Also, the strict government regulations related to drug safety are expected to be a restraint to the growth of the global hollow fiber layer market.
The global hollow fiber filtration market is segregated into microfiltration, ultrafiltration, and reverse osmosis based on the technique. The microfiltration segment is estimated to estimate the highest growth over the analysis timeframe due to increasing food & beverage, pharmaceuticals, biotechnology, paint, industrial wastewater treatment, and highly preferred upstream bioprocessing for cell harvesting and also purification & recovery of biomass during antibiotics production.
The ultrafiltration will grow significantly due to the rising applications, including juice clarification, protein harvest, electroplating wastewater, and petroleum processing.
Based on the material, the global hollow fiber filtration market is categorized into polymer and ceramic. The polymer segment is held for a significant market share in 2019 and will gain maximum market revenue by 2027. It is attributable to the wide use in ultrafiltration and microfiltration application and formulating pharmaceutical products.
The ceramics segment is poised to witness significant growth over the forecast period due to low cost and widely adopted by oil and water filtration.
Based on the end-user, the global hollow fiber filtration market is segmented into pharmaceuticals and biotechnology companies, CROs, and CMOS.
The pharmaceuticals and biotechnology companies segment will dominate the global hollow fiber filtration market by 2027. Due to the rising adoption of continuously improving bioproducts, increasing biologics research, economic expansion, and government focus on broader healthcare policies.
The CROs accounted for the major share of the hollow fiber filtration market in 2019 because of the increasing demand for preclinical and clinical studies and services related to testing drug efficacy.
By geography, the global hollow fiber filtration market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is estimated to project considerable growth over 2020-2026. Due to advances in technology, leading industry players offer innovative products and increase healthcare expenditure.
The Asia Pacific will capture a major share of the hollow fiber filtration market by 2027. Due to the increasing biomanufacturing sector continually improving healthcare infrastructure in the region and mounting health care expenditures in growing/developing countries such as India and China.
Companies such as Asahi Kasei Corporation, Danaher Corporation, GE Healthcare, Repligen Corporation, Parker-Hannifin Corporation, Koch Membrane Systems, Microdyn-Nadir GmbH, Toyobo Co Ltd., Coorstek Inc., Watership Bioseparation Corporation, and Cantel Medical Corporation are the key players in the global hollow fiber filtration market.
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