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Pharmaceutical Membrane Filtration Market Poised to Reach $7,960.3 Million by 2018

The global membrane filtration market for pharmaceutical is valued at $3,691.9 million in 2013 and is expected to reach $7,960.3 million by 2018, at a CAGR of 16.6%.

 
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Dallas, TX -- (SBWIRE) -- 04/03/2014 -- The “Pharmaceutical Membrane Filtration Market by Technology (Microfiltration, Ultra filtration, Nan filtration, Reverse Osmosis & Ion Exchange), Application (Cell Separation, Protein Purification, Sterilization, Virus Removal & Water Management), Region (North America, Europe, Asia-Pacific & ROW) - Trends & Forecast to 2018” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse more than 94 market data tables with spread through 195 Slides and in-depth TOC on "Membrane Filtration Market for Pharmaceutical"
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This report studies the global membrane filtration market for pharmaceutical market over the forecast period of 2013 to 2018. This 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.

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Membrane filtration is an important separation technique in the pharmaceutical and biotechnology industries. It finds widespread applications in the biopharmaceutical industry as biopharmaceutical products and their intermediates are susceptible to degradation due to heat and chemical treatment, which makes it difficult to separate them using alternate technologies. Membrane filtration has been used in pharmaceutical industry since 1935 and is presently one of the most widely adopted separation techniques in these industries. Based on application, the protein purification market holds the largest share in 2013. However, the sterilization market is poised to grow at the highest CAGR from 2013 to 2018.

Europe is the largest market for medical automation, followed by North America and Asia-Pacific. However, the North American and RoW markets are expected to witness the highest growth over the next five years.

Based on geography, the global market is segmented into North America, Europe, Asia, and Rest of the World (RoW). Europe accounts for the largest share in the membrane filtration market for pharmaceutical . The share of North America is expected to increase rapidly owing to fast growth of the pharmaceutical industry in this region.

The major players in the market are Merck Millipore (U.S.), Pall Corporation (U.S.), and Sartorius Stedim Biotech (France). Other important players in this market are 3M (U.S.) Alfa Laval (Sweden), GE (U.S.), GEA Group (Germany), Graver Technologies (U.S.), Koch Membrane Systems (U.S.), MECO (U.S.), Novasep (France), and Spectrum Laboratories (U.S.).

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