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Repligen Corporation And Danaher Are Leading Players In The Hollow Fiber Filtration Market
The growth of the global hollow fiber filtration market is driven by factors such as the rising preference for continuous manufacturing, increasing use of single use technologies, and the rising biopharmaceutical industry. In addition, emerging economies, and increased investment cell-based research are expected to provide significant growth opportunities for players in the hollow fiber filtration market.
The global Hollow fiber filtration market is projected to reach USD 597 million by 2026 from USD 303 million in 2021, at a CAGR of 14.5% during the forecast period.
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Prominent players in the hollow fiber filtration market are Repligen Corporation (US), Danaher (US), Asahi Kasei Corporation (Japan), Parker-Hannifin Corp (US), Sartorius Stedim Biotech S.A (France), TOYOBO CO., LTD (Japan), and Cantel Medical (US). The key players in this market are focusing on strategic expansions, and acquisition to expand their presence in the market.
REPLIGEN CORPORATION (US)
Repligen is a key player in the hollow fiber filtration ...
... market, it is a bioprocessing-focused life sciences company. The company develops, manufactures, and sells products used to enhance the interconnected phases of the biological drug manufacturing process worldwide. The company operates through five reporting segments, namely, Chromatography, Filtration Products, Process Analysis, Protein Products and Others. The company offers a wide range of hollow fiber filtration products through the Filtration Products segment.
To further strengthen its market position, the company offers a wide range of hollow fiber filters, which help it provide solutions for biopharmaceutical downstream processing. Repligen has a broad customer base, which includes biopharmaceutical, biotech, and research institutes. The growth of the company’s filtration business has allowed the firm to substantially increase its direct sales presence in Europe and Asia and diversify its end markets to include all biologic classes, including mAb, vaccines, recombinant proteins, and gene therapies.
DANAHER (US)
Danaher is a key market player in the hollow fiber filtration market. It is a global science and technology innovator company. The company develops a customer-centric innovation in the research and development of life-saving vaccines, biologic drugs, and novel cell and gene therapies. The company operates through three business segments—Life Sciences, Diagnostics, and Environmental & Applied Solutions. The company offers advanced hollow fiber filters through its two subsidiaries, namely, Cytiva (US) and Pall Corporation (US), under its Life Sciences segment.
The company has competitive advantage as it operates in the hollow fiber filtration market through its two subsidiaries, namely Pall and Cytiva, under its Life Sciences segment. This segment offers biopharmaceutical manufacturing technology-based products and services for a wide range of applications, such as protein research, bioprocessing, cell therapy, and filtration. The company offers hollow fiber filter products used in biopharmaceutical manufacturing for the filtration process of mAbs, other molecules, and viruses. The company also offers single-use hollow fibers, which make them an ideal choice for biologics purification.
ASAHI KESAI CORPORATION (JAPAN)
Asahi Kasei Corporation is a manufacturing company specializing in chemical and material science. The company operates through four reporting segments, namely, Material, Home, Health Care, and Others. The Health Care segment is further categorized into Pharmaceuticals, Medical Care, and Acute Critical Care. Asahi Kasei offers hollow fiber filtration products through its Asahi Kasei Medical subsidiary under its Medical Care subsegment. Asahi Kesai is one of the oldest and strongest player in the hollow fiber filtration market.
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PARKER HANNIFIN CORP (US)
PARKER HANNIFIN manufactures motion control products, including fluid power systems, electromechanical controls, and related components. The company also offers fluid purification, fluid flow, process instrumentation, air conditioning, refrigeration, and electromagnetic shielding & thermal management products. The company operates through two divisions, namely, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment is further categorized into Filtration and Engineered Materials, Flow and Process Control, and Motion Systems. The company offers hollow fiber filtration products through its Filtration and Engineered Materials subsegment under the Diversified Industrial division.
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