Overview of the global membrane technology market in pharmaceutical, biopharmaceutical, and life sciences industries
According to the report, the global market for membrane technology in pharmaceutical, biopharmaceutical, and life sciences industries is set to grow from a market value of US$6,461.3 million in 2013 to US$10,886 million by 2019 by registering a CAGR of 9.1% between 2014 and 2019.
The membrane technology market for pharmaceutical, biopharmaceutical, and life sciences industries has grown in recent times owing to the global rise in pharmaceutical production, the adoption of single-use disposable technique for biopharmaceutical applications, enforcement of stringent regulations, and focus on product modification and product innovation.
On the flip side, the limitations associated with membrane materials, need for major capital investments, sky-high operational costs, and the adverse effects of membrane fouling have threatened to hamper the growth of the membrane technology market in pharmaceutical, biopharmaceutical, and life sciences industries.
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Companies mentioned in the research report
Some of the leading players in the membrane technology market in pharmaceutical, biopharmaceutical, and life sciences industries are Merck Millipore, Sartorius, Advantec MFS, Amazon Filters, Trisep Corporation, GE Healthcare Life Sciences, Pall Corporation, Koch Membrane System, Novasep, and 3M Company. Among these, GE Healthcare and 3M Healthcare have been dominating the global market over the years.
The research report profiles each of these companies on the basis of attributes such as recent developments, company and financial overview, sustainability, and growth strategies.
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