North America Hollow Fiber Filtration Market Size & Outlook
North America hollow fiber filtration market, 2018-2030 (US$M)
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North America hollow fiber filtration market highlights
- The North America hollow fiber filtration market generated a revenue of USD 271.6 million in 2023.
- The market is expected to grow at a CAGR of 14.3% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 271.6 million |
| Market revenue in 2030 | USD 690.2 million |
| Growth rate | 14.3% (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, North America region accounted for 39.4% 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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North America 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 35.16% in 2023. Horizon Databook has segmented the North America 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.
The North America market is expected to grow at a lucrative rate owing to increase in adoption of biopharmaceuticals, and novel technologies in the U.S. and Canada for diagnosis and treatment of clinical disorders.
Furthermore, higher penetration of proteomic, and cell biology-based platforms in the region has led to an increase in the adoption of advanced filtration tools. Easy availability of government funding for research is anticipated to boost the market in this region.
Rise in prevalence of chronic disorders and adoption of personalized medicine approaches for treatment of life-threatening disorders are expected to drive the market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America hollow fiber filtration market , including forecasts for subscribers. This continent databook contains high-level insights into North America hollow fiber filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hollow fiber filtration market size, by country, 2018-2030 (US$M)
North America Hollow Fiber Filtration Market Outlook Share, 2023 & 2030 (US$M)
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