The
global membrane technology market for pharmaceutical, biopharma and
life sciences is estimated at USD 6,461.3 million in 2013 and is
expected to grow at a CAGR of 9.1% from 2014 to 2019, to reach an
estimated value of USD 10,886 million in 2019.
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Global Membrane Technology Market Report with Full TOC at
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The
membrane technology market is witnessing significant growth due to
increasing research and development and production in pharmaceutical,
biopharmaceutical and life sciences industries. Thus, rise in
pharmaceutical production and increasing number of membrane
technology applications worldwide are driving the growth of membrane
technology in pharmaceutical, biopharmaceutical and life sciences
industries.
Additionally,
stringent regulations and usage of single-use disposable technique
are playing a major role in growth of the membrane technology market.
Presence of various filtration techniques such as ultrafiltration,
nanofiltration and microfiltration under membrane technology has
increased its acceptance in pharmaceutical, biopharmaceutical and
life science industries for separation and purification of components
and biomolecules, over conventional techniques. However, the market
faces some restraints such as effects of membrane fouling, high
operational and investment cost and limitation of membrane materials.
As a result, the market is expected to grow at a CAGR of about 9.1%
during 2014-2019.
Globally,
North America is the largest market for membrane technology in
pharmaceutical, biopharmaceutical and life sciences industries. The
U.S. is the world's largest market for pharmaceutical and
biopharmaceutical products. According to the European Federation of
Pharmaceutical Industries and Associations, North America accounted
for about 41% of global pharmaceutical sales in 2012. Pharmaceutical
and biopharmaceutical firms in the U.S. conduct 80% of research and
development of innovative medicines in the world. The pharmaceutical
market in the U.S. is highly regulated by the Food and Drug
Administration (FDA).
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In
Europe, membrane technology is a rapidly growing sector with many
associations, organizations and societies actively involved in
expansion and implementation of this technology in various industries
including pharmaceutical, biopharmaceutical and life sciences.
Organizations in Europe such as the European Desalination Society
(EDS), and European Membrane House (EMH) promote membrane technology
usage in universities, companies, research institutes and government
agencies.
However,
Asia is the fastest growing region in the membrane technology market
due to continuous development in pharmaceutical and biopharmaceutical
industries. The region is witnessing double-digit growth (average
annual growth rate of 13%) in pharmaceutical and biopharmaceutical
industries due to a large population base, increasing healthcare
awareness, rising incidence of chronic diseases and higher government
healthcare spending.
GE
Healthcare and 3M Healthcare are the leading players in the global
market of membrane technology in pharmaceutical, biopharma and life
sciences. Other major players of the membrane technology market
include Sartorius, Merck Millipore, Koch Membrane System, Novasep and
others.
The
global market of membrane technology in pharmaceutical, biopharma and
life sciences is segmented as follows:
Membrane
Technology Market, By Technology
Ultrafiltration
Microfiltration
Nanofiltration
Chromatography
Membrane
Technology Market, by Geography
North
America
U.S.
Europe
Switzerland
Germany
Italy
U.K.
Ireland
France
Asia
China
India
Japan
Malaysia
Singapore
Rest
of the World (RoW)
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