Europe Hollow Fiber Filtration Market Size & Outlook
Europe hollow fiber filtration market, 2018-2030 (US$M)
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Europe hollow fiber filtration market highlights
- The Europe hollow fiber filtration market generated a revenue of USD 197.4 million in 2023.
- The market is expected to grow at a CAGR of 13.7% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 197.4 million |
| Market revenue in 2030 | USD 485.8 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Polyethersulfone (pes) |
| Fastest growing segment | Polyethersulfone (PES) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 28.6% of the global hollow fiber filtration market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 396.4 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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Europe 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 36.52% in 2023. Horizon Databook has segmented the Europe 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.
Europe has witnessed several developments in the field of stem cell research, cell therapy, personalized medicine, biopharmaceutical development, and proteomics. This is due to several initiatives undertaken by the government and nongovernment organizations for development of biotechnology sector in the region.
For instance, the Personalized Medicine 2020 and Beyond initiative included 14 countries and 27 organizations across Europe to enhance research in the area of personalized medicine. In addition, EMA supported the Innovative Medicine Initiative (IMI-2) project to enhance pharmaceutical research in Europe.
The project is expected to be completed by 2024. The ERA-Net on rare diseases project (E-Rare3) involves 25 institutions located across 17 non-European, Europe-associated, and European countries to study cell- and gene-drug therapy for rare disorders.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hollow fiber filtration market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe hollow fiber filtration market size, by country, 2018-2030 (US$M)
Europe Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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