Fast Market Research announces the availability of the new TechNavio report, "Global Membrane Market in Pharmaceutical Industry 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 08/20/2015 -- Membranes are a type of selective barrier that are primarily used for separation or concentration of the feed stream. The feed stream is passed through the membrane that selectively allows some constituents to pass, while others are retained back on the surface of the membrane, depending on its pore size. The constituents that are allowed to pass are known as permeate and the ones retained back are known as concentrate or retentate. Different types of membrane are used in the pharmaceutical industry depending on their pore size. There are many technologies implemented for these membranes, including ultrafiltration, microfiltration, reverse osmosis, and nanofiltration.
Other membrane technologies, such as membrane contractors, electrodialysis, and pervaporation are also used, but their market shares are less.
Get More Details on this Report and a Full Table of Contents at Global Membrane Market in Pharmaceutical Industry 2015-2019
Membrane technology has certain advantages over conventional separation technologies, like:
- Gentle product treatment
- Ease of installation and extension
- High selectivity
- Low energy consumption
However, fouling of membrane is the major disadvantage as it causes reduction in the flux hampering productivity and performance of the membrane.
Technavio analysts forecast the global membrane market in pharmaceutical industry to grow at a CAGR of 12.46%, in terms of revenue, during 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "Membranes are increasingly becoming an integral part of many pharmaceutical manufacturing processes and water management systems. Various developments in membrane technology and materials such as perfluoropolymer, solid polymer electrolyte, nonporous nanofiltration and fouling-resistant multilayer membranes will positively affect the growth of the market. Also the increase in market competition is forcing vendors to increase their focus on R&D to provide high-quality and technically advanced membrane systems with additional control features that can be easily maintained by end-users throughout their life cycle. However, prices of certain products needed to carry out the research are high, making it difficult for manufacturers to manage their R&D costs."
According to the report, the pharmaceutical industry involves the production, development, and marketing of medications. The industry is growing rapidly with the increasing need for and complexity of medication. The aging population, changing lifestyles, and increased chronic diseases are some of the major factors which have increased the demand for pharmaceuticals and led to the growth of this industry. Apart from this, robust economic growth, greater marketing penetration into extra-urban and rural areas, epidemiological changes, continuing rapid expansion of the private hospital sector, and increased government spending on improvements in healthcare infrastructure and spending are also driving the growth of the industry.
Further, the report states that the process of setting up new production facilities for the manufacture of membrane requires high investment.
The key players in the Global Membrane Market in Pharmaceutical Industry 2015-2019 are EMD Millipore, GEA Filtration, GE Healthcare, Koch Membrane Systems, Sartorius and Spectrum Laboratories while other prominent vendors include Applied Membrane Tech, Veolia Water Technologies, Pall Corporation, Graver Technologies and TAMI Industries
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Pharmaceuticals research reports at Fast Market Research
You may also be interested in these related reports:
- The Pharmaceutical Excipients Market - Global Forecast to 2019
- Partnerships, Licensing, Investments and M&A Deals and Trends for 2014 in Pharmaceuticals
- Global Active Pharmaceutical Ingredients Market 2015-2019
- Empty Capsules Market - Global Forecast to 2019
- Global Pharmaceutical Packaging Market 2015-2019