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Showing posts with the label pharmaceutical filtration market

Pharmaceutical Filtration Market - Forecast(2021 - 2026)

The pharmaceutical Filtration Market size is estimated to be $20.4 billion in 2019, growing at a CAGR of 6.9% during the forecast period 2020-2025. Pharmaceutical filtration denotes to the process through which unwanted particles, including undissolved powders and solid impurities, are removed from the processed components, further resulting in the reduction of bacteria.  Growing importance on biologics and their development for the treatment of numerous diseases is a key attribute anticipated to trigger the market growth. Significant upsurge in the number of chronic diseases globally is one of the major reasons for the advancement of pharmaceutical industry. This has resulted in high demand for advanced therapeutic drugs for the treatment of chronic diseases including cancer, asthma, diabetes, COPD, and arthritis. Moreover, production of novel biologics necessitates highest sterility and zero risk of contamination which further demands the application of advanced filtration produ...