Pharmaceutical Membrane Filtration Market is valued at an estimated $3,691.9 million in 2013 and is poised to grow at a CAGR of 16.6% from 2013 to 2018, to reach $7,960.3 million by 2018.
Dallas, Texas (PRWEB) March 09, 2014
Membrane filtration is a widely used separation technique in the pharmaceutical and biotechnology industries. It finds extensive applications in the biopharmaceutical industry as biopharmaceutical products and their intermediates are susceptible to degradation due to heat and chemical treatment, and so are difficult to separate using other techniques. Membrane filtration has been used in pharmaceutical industry since 1935 and it is presently one of the most widely adopted separation techniques in this industry.
The global pharmaceutical membrane filtration market is segmented on the basis of technology, application, and region. The technology segments included in the report are microfiltration, ultrafiltration, nanofiltration, reverse osmosis, and ion exchange; the application segments are cell separation, protein purification, sterilization, virus removal, and water management; while the geographic segments are North America, Europe, Asia-Pacific, and Rest of the World (RoW). The major factor driving the growth of this market is the growth of the global pharmaceutical industry. The adoption rate of membrane filtration in Europe and North America is very high. Further, increasing adoption rate in the Asia-Pacific segment and increasing demand for single use technology will further drive this market. Therefore, the pharmaceutical membrane filtration market is expected to witness a high growth in the forecast period.
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Membrane filtration is also used widely for protein purification in the pharmaceutical industry. Other important applications of this technology in the pharmaceutical industry are cell separation and water treatment. Microfiltration and ultrafiltration are the most widely used filtration technologies in the pharmaceutical industry. In 2013, Europe was the largest market for pharmaceutical membrane filtration. However, the North American market is expected to grow rapidly in the forecast period between 2013 and 2018 and is expected to be as large as that of Europe by 2018.
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Major Points from Table of Contents
8 Company Profiles
8.1 3M
8.2 Alfa Laval
8.3 GE
8.4 GEA Group
8.5 Graver Technologies
8.6 Koch Membrane Systems
8.7 Meco
8.8 Merck Millipore
8.9 Novasep
8.10 Pall Corporation
8.11 Sartorius Stedim Biotech
8.12 Spectrum Laboratories
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