Hollow Fiber Filtration Market To Reach $1.76 Billion By 2030

Hollow Fiber Filtration Market Growth & Trends

The global hollow fiber filtration market size is expected to reach USD 1.76 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.4% from 2024 to 2030. The rising demand for bioprocessing products, the availability of skilled professionals, and expanding growth opportunities in the biopharma sector are among the key factors expected to propel market revenue growth during the forecast period.

The rising prevalence of infectious diseases, combined with lower bio-manufacturing costs, has rekindled interest in the creation of single-use hollow fiber technologies that can be readily adaptable to continuous processing and to provide treatment for diseases such as cancer and the common flu. For instance, cancer.org estimates that there are 609,360 cancer deaths and 1.9 million new cases of cancer in the U.S. in 2022.

Furthermore, hollow fiber (HF) systems are used in the efficacy testing of a drug, and the absorptive membrane on the fiber wall is utilized to control the release of a drug. Moreover, hollow fibers also create effective drug carriers due to their high ratio of surface area to volume and loading flexibility. This is expected to fuel the growth of the hollow fiber filter market.

Hollow fiber filtration (HFF) is also used to treat domestic wastewater. This is expected to drive the hollow fiber filtration industry forward. By concentrating microorganisms inside individual hollow fibers, hollow fiber ultrafiltration is employed to test source water for naturally occurring protozoa and to purify drinking water. HFF works similarly to capillary and tubular filtration systems, but with a smaller tube size for greater flexibility. For instance, in April 2021, Researchers at the Indian Institute of Technology Guwahati developed a microfiltration method to remove microplastics from seawater, preventing the incorporation of plastic residues in edible salt retrieved from it.

The need for HFF to prevent a wide range of infections has increased as a result of the COVID-19 pandemic. The development of hollow fiber applications enabled the expansion of new approaches for the prevention and detection of the COVID-19 virus & other viral infections. For instance, as per the published article, in January 2022, due to its enclosed space air remediation to grab the aerosolized synthetic SARS-CoV-2 & pseudovirus particles, the HF membrane effectively removes synthetic COVID-19 virus from the air. Additionally, due to an increase in activities for R&D for HF membrane across the globe, driving the market growth.

Furthermore, there has been a distinguishable trend toward association in recent years, with players trying to form strategic associations to assist market growth. For instance, in June 2021, Repligen Corporation announced the acquisition of Polymem S.A. ("Polymem"), one of the largest manufacturing firms in the development and production of hollow fiber membranes & modules based in Toulouse, France. 

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Hollow Fiber Filtration Market Report Highlights

• By membrane material, the polyethersulfone (PES) segment dominated the market with a revenue share of 35.7% in 2023 and is projected to exhibit the fastest CAGR during the assessment period.

• By process, the reusable hollow fiber membranes segment dominated the market with a share of 53.5% in 2023.

• By technology, the microfiltration segment held the largest revenue share of 52.4% in 2023. Microfiltration is a low-pressure technique for separating high-molecular-weight compounds from dissolved solids.

• By end-use, pharmaceutical and biotechnology companies segment held the largest share of 44.5% in 2023.

• North America dominated the regional market with a revenue share of 39.4% in 2023. During the projected period, the region is expected to retain its leadership.

• In the future, the expansion of the market in the Asia Pacific region is anticipated to grow exponentially.

Hollow Fiber Filtration Market Segmentation

Grand View Research has segmented the global hollow fiber filtration market report based on membrane material, process, technology, application, end-use, and region:

Hollow Fiber Filtration Membrane Material Outlook (Revenue, USD Million, 2018 - 2030)

• Polysulfone (PS)

• Mixed Cellulose Ester

• Polyvinylidene Difluoride (PVDF)

• Polyethersulfone (PES)

• Others

Hollow Fiber Filtration Process Outlook (Revenue, USD Million, 2018 - 2030)

• Single-use Hollow Fiber Membranes

• Reusable Hollow Fiber Membranes

Hollow Fiber Filtration Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Microfiltration

• Ultrafiltration

• Others

Hollow Fiber Filtration Application Outlook (Revenue, USD Million, 2018 - 2030)

• Virus or Viral Vector Filtration

• Protein Concentration & Diafiltration

• Cell Culture Harvest & Clarification

• Raw Material Filtration

• Others

Hollow Fiber Filtration End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Biotechnology Companies

• CMOs & CROs

• Academic & Research Institutes

Hollow Fiber Filtration Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • Thailand

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Hollow Fiber Filtration Market

• Sartorius AG

• Repligen Corporation

• Danaher Corporation

• Merck KGaA

• Asahi Kasei Corporation

• PARKER HANNIFIN CORP.

• Cole Parmer

• Sterlitech Corporation

• Synder Filtration, Inc.

• Meissner Filtration Products, Inc.