Fluid Transfer Solutions Market Size, Share, Technological Advancements, Future Demand Outlook to 2031

Fluid Transfer Solutions Market Overview

According to the latest research by Future Market Insights, the Fluid transfer solutions market is set to witness a growth of 5% and 7% during 2021-2031.

Fluid transfer process is considered one of the critical steps in manufacturing processes and takes place routinely in the field of medical, biopharmaceutical or cell therapy industries. As it involves careful transfer of fluids under sterile conditions, different types of fluid transfer can be achieved on the basis on intended applications and the industry where it is used. Demand for Fluid transfer solutions is expected to witness an optimistic growth outlook in the long run.

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Fluid Transfer Solutions Market Dynamics

Continuous research activities for the development of newer treatments, growth in pharmaceutical industry producing new vaccines and cell and gene therapy processing industries can be seen using the aseptic transfer of materials in their processes, from small scale to large scale, thus driving the demand for fluid transfer solutions market.

Aseptic transfer of cell and fluid material requires different equipment or devices depending on various product and processes, and as per the industry. On the basis of this, there are single-use or disposable fluid transfer products and customized fluid transfer products offered by different companies, made of different material such as poly vinyl chloride (PVC) or silicone or stainless steel.

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North America Fluid Transfer Solutions Market Outlook

North America market growth is largely driven by advanced healthcare infrastructure and growing healthcare driven research and development.

As per the recent report by National Institutes of Health (NIH), the NIH invests nearly $41 Bn in the field of medical research annually, more than 80% of which is funded to the research institutions and medical schools, while the rest support independent projects in USA.

Investment pertaining to clinical researches in medical industry by many private and government organization have been increased in recent times. Thereby growing the demand for aseptic transfer of materials and drugs under sterile conditions, which is likely to boost the fluid transfer solutions market in this region during the forecast period.

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key Manufacturers and Suppliers of the Fluid Transfer Solutions

Some of the key players of Fluid transfer solutions include

  • Thermo Fisher Scientific
  • Charter Medical
  • Watson Marlow Fluid Technology Group,
  • Avantor Inc
  • DuPont
  • Saint-Gobain Performance Plastics
  • Cellon
  • Pall Corporation
  • Sartorius AG
  • Getinge AB
  • Central Research Laboratories
  • Beckman Coulter Inc

Key Market Segments

By Applications:

  • Standard/ Single Use fluid transfer systems
  • Customized/ Multiple use fluid transfer systems

By End User:

  • Medical industry
  • Biopharmaceutical industry
  • Cell and Gene therapy industry

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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