Global Membrane Technology Market in Pharmaceutical, Biopharma and Life Sciences to Expand at a CAGR of 9.1 during the Forecast Period of 2014 – 2019

The global expansion in the pharmaceutical industry gives a significant boost to the global market for membrane technology. The growing demand for single-use disposables in biopharmaceuticals also contributes towards the growth of membrane technology in recent times. A new research report with a title “Global Market Study on Membrane Technology in Pharmaceutical, Biopharma and Life Sciences: North America to Witness Highest Growth by 2019” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report on the global membrane technology market provides in-depth study and estimation of the global membrane technology market in bio-pharma, pharmaceutical and life sciences is for a five-year forecast period, 2014-2019. Taking 2013 as the base year for calculation of market numbers, the report provides projected values of the market revenues, size and growth rates.

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The global membrane technology market is expected to expand at a healthy CAGR of 9.1% over a five-year forecast period, 2014-2019. At this pace, the global market will reach a valuation of US$ 10.88 billion by the end of 2019 from US$ 7.02 billion in 2014. Besides this, the report includes information pertaining to current market dynamics covering major market drivers and restraints only after extensive market research. It also elaborates on prominent recent trends in the market that are anticipated to influence the market during the forecast period. The report also throws light on the market opportunities that the market will offer in this five-year period.

In segment analysis, the report comprehensively analyzes different segments of the global membrane technology market, based on the technology. There are four key segments, which are into ultrafiltration, microfiltration, nanofiltration, and chromatography and the report evaluates each of these in terms of growth rate, market share, drivers, challenges, and applications. The global membrane technology market is geographically divided into Asia (China, India, Japan, Malaysia, Singapore), North America (the U.S.), Europe (Switzerland, Germany, Italy, the U.K., Ireland, France), and rest of the world. In 2012, North America held a market share of over 40% of the global pharmaceutical sales. North America, led by the U.S., will remain the largest market for membrane technology, globally throughout the forecast period.

Some of the most prominent players operating in the global membrane technology market for pharma, biopharma, and life sciences industries, include Pall Corporation, GE Healthcare Life Sciences, 3M, Sartorius, Merck Millipore, Novasep, TriSep Corporation, Amazon Filters Ltd., Koch Membrane Systems Inc. and Advantec MFS.

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