Lucintel’s latest market report analyzed that hollow fiber filtration provides attractive opportunities in pharmaceutical & biotechnology manufacturers and contract research & manufacturing organizations. The hollow fiber filtration market is expected to grow at a CAGR of 12%-14%. In this market, polymer is the largest segment by material, whereas pharmaceutical and biotechnology companies are largest by end user.
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Based on material, the hollow fiber filtration market is segmented into polymer and ceramic. The polymer segment accounted for the largest share of the market in 2020 due to its cost effectiveness, durability, and wide usage in the ultrafiltration and microfiltration applications.
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The hollow fiber filtration market is marked by the presence of several big and small players. Some of the prominent players offering hollow fiber filtration include Asahi Kasei, Repligen, GE Healthcare, Danaher, Parker-Hannifin, Koch Membrane Systems, Watersep Bioseparation, Toyobo, Microdyn-Nadir, and Cantel Medical.
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