Membrane Technology Market to reach an estimated value of USD 10,886.0 million in 2027

Membrane Technology Market 2022

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New Study Reports “Membrane Technology Market 2022 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027” has been Added on PMR.

Market Overview

In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of the study of the Membrane Technology Market gives a proper idea of the market present scenario so that each and every enterprise or manufacturer will not experience the issues that occur due to the lack of information.

According to a new market report published by Persistence Market Research “Global Market Study on Membrane Technology in Pharmaceutical, Biopharma and Life Sciences: North America to Witness Highest Growth by 2027” the global membrane technology market for pharmaceutical, biopharma and life sciences is estimated at USD 7,029.9 million in 2022 and is expected to grow at a CAGR of 9.1% from 2022 to 2019, to reach an estimated value of USD 10,886.0 million in 2027.

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The membrane technology market in pharmaceutical, biopharma and life sciences is growing due to increased research and development and production in pharmaceutical, biopharmaceutical and life sciences industries. Moreover, stringent regulations and usage of single-use disposable technique are also 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.

Company Profiles:

  • Pall Corporation.
  • Sartorius.
  • 3M.
  • Merck Millipore.
  • GE Healthcare Life Sciences.
  • Koch Membrane Systems Inc.
  • Novasep.
  • TriSep Corporation.
  • Amazon Filters Ltd.
  • Advantec MFS.

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.

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.

Similarly, 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.

However, Asia is the fastest growing region in the membrane technology market due to continuous development in pharmaceutical and biopharmaceutical industries.

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The global market of membrane technology in pharmaceutical, biopharma and life sciences is segmented as follows:

Membrane Technology Market in Pharmaceutical, Biopharma and Life Sciences, By Technology

  • Ultrafiltration
  • Microfiltration
  • Nanofiltration
  • Chromatography

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