Canada Hollow Fiber Filtration Market Size & Outlook
Canada hollow fiber filtration market, 2018-2030 (US$M)
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Canada hollow fiber filtration market highlights
- The Canada hollow fiber filtration market generated a revenue of USD 20.7 million in 2023 and is expected to reach USD 57.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 15.6% from 2024 to 2030.
- In terms of segment, polyethersulfone (pes) was the largest revenue generating membrane material in 2023.
- Polyethersulfone (PES) is the most lucrative membrane material segment registering the fastest growth during the forecast period.
Hollow fiber filtration market data book summary
| Market revenue in 2023 | USD 20.7 million |
| Market revenue in 2030 | USD 57.1 million |
| Growth rate | 15.6% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES) |
| Key market players worldwide | Sartorius AG, Repligen Corp, Danaher Corp, Merck KGaA, Asahi Kasei Corp, Parker Hannifin Corp, Cole-Parmer, Sterlite Technologies Ltd DR, Synder Filtration, Meissner |
Other key industry trends
- In terms of revenue, Canada accounted for 3.0% of the global hollow fiber filtration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hollow fiber filtration market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 57.1 million by 2030.
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Hollow Fiber Filtration Market Scope
Hollow Fiber Filtration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada hollow fiber filtration market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hollow fiber filtration market will help companies and investors design strategic landscapes.
Polyethersulfone (pes) was the largest segment with a revenue share of 36.71% in 2023. Horizon Databook has segmented the Canada hollow fiber filtration market based on polysulfone (ps), mixed cellulose ester, polyvinylidene difluoride (pvdf), polyethersulfone (pes) covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a rapidly developing market for hollow fiber filtration due to growing biopharmaceutical activities in this country. Canada spends more per person on biologics than nearly every other industrialized nation. Biologics represented 33.9% of pharmaceutical sales in Canada in 2020, which was higher than the average of 27.4% and ranked third in the OECD.
In the same year, Canadians spent an average of USD 262 per person on biologic medications, far more than the global median of USD 156. In terms of sales per person, this ranked Canada fourth among the OECD nations.
Furthermore, Monoclonal Antibodies are increasingly being used in the treatment of various diseases in the country. For instance, in October 2021, SARS-CoV-2 mAb treatment became available in Saskatchewan. Its availability for immunocompromised patients is expected to be a key driver of the hollow fiber filtration market.
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Our clientele includes a mix of hollow fiber filtration market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hollow fiber filtration market , including forecasts for subscribers. This country databook contains high-level insights into Canada hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada hollow fiber filtration market size, by membrane material, 2018-2030 (US$M)
Canada Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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