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Pharmaceutical Membrane Technology Market

Global Pharmaceutical Membrane Technology Market Size, Share, Development, Growth and Demand Forecast to 2023

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Report Code: LS10046
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Category : Biotechnology

Membrane technology refers to all engineering advancements for transporting substances between two fractions by the use of permeable membranes. Generally, mechanical separation processes use membrane technology for separating gaseous or liquid streams. Membrane technology is used in a range of development phases of pharmaceutical, life sciences and biopharmaceutical industries. Membrane technology has applications in laboratory drug research, large scale pharmaceutical production, lab scale DNA and protein separation, cell culturing, drug screening, and examination and virus removal. Some of the major products of membrane technology are microarray products, syringe membranes filters, multi-well filters and bottle top filters.

Membrane technology is also widely used in improving water quality by removing particles, natural organic matter, pathogens (viruses and bacteria), emerging substances, and other dissolved matter from drinking water. Furthermore, membrane technology is used for the improvement of biological stability of drinking water in the distribution network. Water companies are legally forced to enhance the quality of drinking water in order to fulfill public health requirements. The enhancement is achieved by improving water quality and by operating water treatment processes more cost-efficiently with the help of membrane technology.

Global pharmaceutical membrane technology market can be categorized on the basis of technology as ultrafiltration, reverse osmosis, microfiltration, chromatography and, nano filtration. Some of the major trends in the membrane technology market are product innovation and product portfolio expansion. The global membrane technology market is also going through large number of mergers, acquisitions and collaborations in recent years.

Membrane technology has observed incredible development and transformations in technology, system and efficiency over the last few decades. Diminishing fresh water sources, drought sources, water pollution, and constantly growing population across the globe has caused environmental degradation and shortage of water over the years. And thus, the need of membrane technology becomes important to tackle this issue. Severe quality and safety standards in pharmaceutical, such as good manufacturing practices (GMP), had also increased the demand of membrane technology in pharmaceutical industry. Single-use disposable technique for biopharmaceutical, rising pharmaceutical production and severe environmental regulations are some of the major factors driving the growth of pharmaceutical membrane technology market.

Business opportunities lie in product innovation or modification in the global pharmaceutical membrane technology market. Effects of membrane fouling on membrane technology, limitations of membrane materials, and high capital and operational cost associated with the membrane technology are some of the major factors restraining the growth of global pharmaceutical membrane technology market.

North America is the largest market for pharmaceutical membrane technology, owing to high concentration of pharmaceutical and biopharmaceutical manufacturing companies in the region. In Europe, many organizations, associations and societies are involved in development and implementation of membrane technology in pharmaceutical, biopharmaceutical and life sciences industries. However, Asia-Pacific is the fastest growing market for pharmaceutical membrane technology due to continuous development in pharmaceutical and biopharmaceutical industries. Additionally, increasing healthcare awareness, growing incidence of life style diseases, large population base and increasing government healthcare spending in developing countries of Asia-Pacific is driving the market for pharmaceutical membrane technology.

Some of the major competitors in global pharmaceutical membrane technology market are Amazon Filters Ltd., 3M Company, Pall Corporation, Advantec MFS Inc., Sartorius AG, GE Healthcare Life Sciences, Novasep, Merck Millipore (EMD Millipore), Koch Membrane Systems Inc., and TriSep Corporation.

Report Coverage

  • Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
  • Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
  • Uncovers potential demands in the market
  • Porter analysis identifies competitive forces within the market
  • Provides information on the historical and current market size and the future potential of the market
  • Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
  • Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
  • Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.

 

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