What Fueled The Previous Growth In The Hollow Fiber Filtration Market?
The hollow fiber filtration market has seen considerable growth due to a variety of factors.
• The hollow fiber filtration market has expanded rapidly in recent years. It will increase from $0.64 billion in 2024 to $0.75 billion in 2025, reflecting a compound annual growth rate (CAGR) of 18.0%.
The growth can be attributed to a growing focus on patient safety and infection control, rising chronic disease rates, regulatory demands for medication preparation and administration, the expansion of healthcare infrastructure, and growing global healthcare spending.
What Is The Expected Growth In The Hollow Fiber Filtration Market Size Evolve over the Forecast Period?
The hollow fiber filtration market is expected to maintain its strong growth trajectory in upcoming years.
• The hollow fiber filtration market is projected to reach $1.44 billion by 2029, growing at a CAGR of 17.6%.
Growth is driven by the preference for single-use medical devices to reduce contamination risks, healthcare modernization, an aging population, focus on infection control, and home healthcare trends. Trends include smart feature integration, sustainable manufacturing, safety innovations, remote monitoring in filter devices, and automation and connectivity advancements.
What Main Forces Are Fueling Expansion In The Hollow Fiber Filtration Market?
The growing demand for water and wastewater treatment solutions is expected to drive the hollow fiber membrane market. Water and wastewater treatment solutions are technologies and systems used to ensure the safety and quality of water for industrial, commercial, and municipal applications. Factors like industrial growth, water scarcity, and awareness of water contamination are driving demand for these solutions. Hollow fiber membranes are used in water and wastewater treatment to remove contaminants and ensure water safety for consumption and industrial use. According to the Central Statistics Office, the number of registered domestic wastewater systems in Ireland increased by 1.2% in 2022. Therefore, the demand for water and wastewater treatment solutions is driving the hollow fiber membrane market.
What Are The Primary Segments In The Global Hollow Fiber Filtration Market?
The hollow fiber filtration market covered in this report is segmented –
1) By Membrane Material: Polysulfone (PS), Mixed Cellulose Ester, Polyvinylidene Difluoride (PVDF), Polyethersulfone (PES), Other Membrane Materials
2) By Technology: Microfiltration, Ultrafiltration, Other Technologies
3) By Application: Protein Concentration And Diafiltration, Cell Culture Harvest And Clarification, Virus Or Viral Vector Filtration, Raw Material Filtration, Other Applications
4) By End-Use: Pharmaceuticals, Biotechnology, Food And Beverages, Water And Wastewater Treatment, Other End-Uses
Subsegments:
1) By Polysulfone (PS): Hydrophilic Polysulfone Membranes, Hydrophobic Polysulfone Membranes
2) By Mixed Cellulose Ester: Hydrophilic Mixed Cellulose Ester Membranes, Hydrophobic Mixed Cellulose Ester Membranes
3) By Polyvinylidene Difluoride (PVDF): PVDF Hydrophilic Membranes, PVDF Hydrophobic Membranes
4) By Polyethersulfone (PES): Hydrophilic Polyethersulfone Membranes, Hydrophobic Polyethersulfone Membranes
5) By Other Membrane Materials: Polyamide Membranes, Cellulose Acetate Membranes, Ceramic Membranes
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What Trends Are Shaping The Hollow Fiber Filtration Market?
In an effort to improve filtration efficacy, extend operational life, diminish fouling, and enhance overall performance in diverse applications, leading businesses in the hollow fiber filtration market concentrate on inventing innovative In-Out Ultrafiltration (UF) membranes. This type of membrane filtration system operates by allowing the feedwater to pass through the hollow fibers from the exterior surface to the interior, or the other way around. Take DuPont, an American chemical firm, for example. In March 2023, they unveiled the Multibore PRO, their latest generation of ultrafiltration membranes featuring a unique multi-capillary design with 19 capillaries per fiber to boost filtration efficiency and sustainability. The design offers a 15% reduction in necessary floor space and energy savings that are advantageous to desalination and municipal drinking water applications. This breakthrough marks a substantial progress in ultrafiltration (UF) technology, specifically tailored to improve water purification procedures in various use cases, such as desalination and urban drinking water systems.
Who Are the Key Players In The Hollow Fiber Filtration Market?
Major companies operating in the hollow fiber filtration market are:
• Thermo Fisher Scientific Inc.
• 3M Company
• Medtronic plc
• Asahi Kasei Corporation
• Toray Industries Inc.
• Baxter International Inc.
• Avantor Inc.
• Terumo Corporation
• Sartorius AG
• Nipro Medical Corporation
• B. Braun Medical Inc.
• Cantel Medical Corporation
• Repligen Corporation
• Avanos Medical Inc.
• Isopure Corp
• Medica S.p.A
• Envirogen Group
• Synder Filtration
• Cole-Parmer Instrument Company LLC
• Hongtek Filtration Co. Ltd.
What Is The Most Dominant Region In The Hollow Fiber Filtration Market?
North America was the largest region in the hollow fiber filtration market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hollow fiber filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
