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 filter integrity test market 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.
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Factors such as increasing R&D spending, growth in the biopharmaceutical industry, and increasing purity requirements in the end-user market are driving the growth of the market.
By type, the diffusion test segment to register the highest growth rate in the filter integrity test market during the forecast period.
Based on type, the market is segmented into diffusion test, water flow integrity test, and bubble point test. In 2018, the diffusion test segment accounted for the largest share of the filter integrity test market. This segment is also expected to witness the highest growth during the forecast period.
By mechanism, the automated filter integrity test segment to register the highest growth during the forecast period.
Based on mechanism, the filter integrity test market is segmented into automated and manual filter integrity tests. Integrity tests based on the automated mechanism accounted for the larger share of the market in 2018. In automated integrity testing, the data is not manually entered into the integrity test instrument, which reduces the risk of human error.
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Geographical Growth Analysis:
The market is divided into four major regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America accounted for the largest share of the market, followed by Europe. The increasing demand for biopharmaceuticals and implementation of drug safety guidelines by the FDA are the major factors driving the growth of the filter integrity test industry in North America.
The market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. Significant investments by key market players, increasing government support, developing R&D infrastructure, and growing expertise and academic excellence are the major factors fueling the growth of the market in the Asia Pacific.
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Expected Revenue Growth:The filter integrity test market 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.Accessories to Fuel the Growth of Filter Integrity Test Market :Based on end user, the filter integrity test market is segmented into pharmaceutical and biopharmaceutical companies, CMOs, and other end users.
This segment is also expected to witness the highest growth during the forecast period owing to the growing biopharmaceutical industry, significant growth in the biologics market, and stringent government guidelines for purity requirements in pharmaceutical and biotechnology manufacturing.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46873904By type, the diffusion test segment to register the highest growth rate in the filter integrity test market during the forecast period.Based on type, the market is segmented into diffusion test, water flow integrity test, and bubble point test.
This segment is also expected to witness the highest growth during the forecast period.
The advantages offered by the diffusion testing method such as high sensitivity, high margin of safety, and testing of the complete filter system (cartridge and housing) are supporting the growth of this segment.By mechanism, the automated filter integrity test segment to register the highest growth during the forecast period.Based on mechanism, the filter integrity test market is segmented into automated and manual filter integrity tests.
In automated integrity testing, the data is not manually entered into the integrity test instrument, which reduces the risk of human error.
Moreover, the filter can be tested in-line without the user having to initiate the test manually, and test results are automatically transferred to a data storage module.
According to the new market research report “filter integrity test market 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.
Factors such as increasing R spending, growth in the biopharmaceutical industry, and increasing purity requirements in the end-user market are driving the growth of the market " , published by MarketsandMarkets™.Download Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=46873904Some of The Major Players In Filter Integrity Test Market :1.
Meissner Filtration Product (US)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 a prominent player in the 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.Merck is another major player in the filter integrity test market.
The market growth is driven by the increasing R spending, expansion of the biopharmaceutical industry, and increasing purity requirements in the end-user markets, including contract manufacturing organizations, academics, and biopharmaceutical companies.
A filter integrity test is a kind of testing process that is mainly used in the biopharma industry.The research report on the Global Filter Integrity Test Market further provides an extensive analysis of the factors influencing the growth of the market.
The report further discusses the present and future impact of the COVID-19 pandemic on the overall growth of the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3260Competitive Landscape:The study provides an in-depth analysis of the key competitors and their business strategies.
The top leading companies dominating the market covered in this report are Thermo Fisher Scientific, Danaher Corporation, Parker Hannifin Corporation, Eaton Corporation, Donaldson Company, Merck KGaA, Sartorius AG, Sh-Surwa, Mdi Membrane Technologies, and Meissner Filtration Products, among others.
The report also provides strategic recommendations to new and emerging players to help them formulate better entry and investment strategies.Furthermore, the market is segmented on the basis of types and applications, along with projections about the key segments anticipated to dominate the industry in the coming years.Test Type Outlook (Revenue, USD Million; 2017-2027)Bubble Point TestDiffusion TestPressure Hold TestForward Flow TestPressure Decay TestWater Flow Integrity TestFilter Type Outlook (Revenue, USD Million; 2017-2027)AirLiquidMechanism Outlook (Revenue, USD Million; 2017-2027)ManualAutomatedIndustry Vertical Outlook (Revenue, USD Million; 2017-2027)Pharmaceutical & BiopharmaceuticalFood & BeverageOthersRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3260Regional Coverage: For a detailed understanding of the competitive landscape, a thorough regional analysis covering North America, Europe, Asia Pacific, Latin America, and Middle East & Africa is offered in the report.
It studies the market size, market share, revenue contribution, production and consumption patterns, supply and demand ratio, import/export, and the operations of the key players located in those regions.
Market Analysis and Insights:- Global Filter Integrity Test MarketGlobal Filter Integrity Test Market By Product (Desktop, Handheld), Type (Diffusion Test, Water Flow Integrity Test, Bubble Point Test), Filter Type (Liquid, Air), Mechanism (Automated, Manual), End-User (Pharmaceutical & Biopharma Companies, Contract Manufacturing Organizations, Food & Beverages, Microelectronics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026Market Analysis: Global Filter Integrity Test MarketGlobal filter integrity test market is expected to rise to an estimated value of USD 82.57 million by 2026, registering a steady CAGR in the forecast period of 2019-2026.
This rise in market value can be attributed to the overall expansion of the biopharmaceuticals industry.Market Definition: Global Filter Integrity Test MarketFilter integrity test is the process of testing the efficacy and purification capabilities of filters utilized in the processing and purification of sterile solutions.
The tests are segregated on the different methods of checking the integrity but all of them lead to the same conclusion.Get More Insight About the Global Filter Integrity Test Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-filter-integrity-test-market Market DriversGrowth in the levels of expenditure incurred on R this factor is expected to drive the growth of the marketRise in the concentration of purity and purification systems from the various end-users; this factor is expected to drive the growth of the marketMarket RestraintsLarge costs associated with the testing; is expected to restrain the growth of the marketSegmentation: Global Filter Integrity Test MarketBy ProductDesktopHandheldBy TypeDiffusion TestWater Flow Integrity TestBubble Point TestBy Filter TypeLiquidAirBy MechanismAutomatedManualBy End-UserPharmaceutical & Biopharma CompaniesContract Manufacturing OrganizationsFood & BeveragesMicroelectronicsOthersBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeThailandMalaysiaIndonesiaPhilippinesRest of Asia-PacificMiddle East & AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East & AfricaKnow More About this Report @ https://www.databridgemarketresearch.com/reports/global-filter-integrity-test-market Key Developments in the Market:In October 2018, Thermo Fisher Scientific announced that they had completed the acquisition of BD’s “Advanced Bioprocessing” business operations.
The operations will be incorporated into Thermo’s “Life Sciences Solutions” business and expands the product offerings of the combined division along with providing expertise for bio-production to the various biopharmaceutical organizations.In January 2018, American Air Filter Company, Inc. and their affiliate “AAF Lufttechnik GmbH” announced that they had acquired RIS Facility Management GmbH.
The report includes market shares of filter integrity test market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.Key Market Competitors:Few of the major competitors currently working in the global filter integrity test market are Danaher; Surway Filter; Thermo Fisher Scientific; Eaton; Merck KGaA; Sartorius AG; MEISSNER FILTRATION PRODUCTS, INC.; Donaldson Company, Inc.; PARKER HANNIFIN CORP; Advanced Microdevices Pvt.
Ltd.; Pentair plc; 3M and neuron-biotech.net.Request for Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-filter-integrity-test-marketResearch Methodology: Global Filter Integrity Test MarketData collection and base year analysis is done using data collection modules with large sample sizes.
