According to the latest report published by Variant Market Research, the global membrane technology market is projected to reach $16,375 Million by 2024, from $8,025 Million in 2016; at a CAGR of 9.3% from 2016 to 2024.
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Rising use of purification and membrane technologies to drive the global membrane technology market
The global membrane technology market is driven by factors such as increased usage of single-use disposable membrane, stringent rules and regulations, rising use of purification and membrane technologies in drug and food industries and adoption of advanced technologies. High investment and operational cost and restraint of membrane materials may hamper the market growth. Furthermore, increasing need for mass production level, and growing investments in R&D in the field of bioscience, pharmaceutical, and life science would offer an opportunity for market players of membrane technology market.
Membrane Technology in Pharma, Biopharma, And Life Science Marketv Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/pharmaceuticals/membrane-technology-in-pharma-biopharma-and-life-science-market/toc
The global membrane technology market is classified into application, technology & geography. Application segment includes pharmaceuticals, biopharmaceuticals, and life sciences. Further, ultrafiltration, microfiltration, nanofiltration, chromatography and other technologies are covered under the technology sub segment. North America (Mexico, U.S., and Canada), Europe (U.K., France, Germany, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa.) are the key geographical regions included in the global membrane technology in pharma, biopharma, and life sciences market.
Biopharmaceuticals, by application, is estimated to dominated the global market in 2016
Biopharmaceuticals held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024.
Nanofiltration, by technology, is estimated to witness fastest CAGR from 2016 to 2024
Nanofiltration is predicted to grow at CAGR over the forecast period 2016 to 2024.
Asia-Pacific is estimated to witness fastest CAGR from 2016 to 2024
Asia-Pacific is predicted to grow at a fastest CAGR over the forecast period 2016 to 2024. The growth is attributed to adoption of advanced technologies, increasing applications in food and beverage industries, and increasing investments in R&D.
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The key market players of the market are of Sartorius AG, GE Healthcare Life Sciences, Amazon Filters Ltd., Pall Corporation, Advantec MFS Inc., 3M Company, Merck Millipore, TriSep Corporation., Koch Membrane Systems Inc., and Novasep, Inc., among others.
The key takeaways from the report
- The report will provide detailed analysis of Membrane Technology in Pharma, Biopharma, And Life Sciences Market with respect to major segments such as application, technology, and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Membrane Technology in Pharma, Biopharma, And Life Sciences Market has been included in the report
- Profile of the key players of the Membrane Technology in Pharma, Biopharma, And Life Sciences Market will be provided, which include key financials, product & services, new developments, and business strategies
Scope of Global Membrane Technology in Pharma, Biopharma, And Life Sciences
- Life Sciences
- North America
- South Korea
- South America
- Middle East
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