Membrane Technology Market - Trends, Size, Share and Analysis to 2019

Membrane Technology Market - U.S. represents the world’s
largest market 2019

Persistence Market Research

Membrane Technology Market is expected to
grow at a CAGR of 9.1% from 2014 to 2019 Persistence Market Research

Persistence Market Research

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Membrane Technology Market - U.S. represents the world’s
largest market 2019
Persistence Market Research Released New Market Report “Global Market Study on
Membrane Technology in Pharmaceutical, Biopharma and Life Sciences: North
America to Witness Highest Growth by 2019” the global membrane technology market
for pharmaceutical, biopharma and life sciences is estimated at USD 7,029.9 million in 2014
and is expected to grow at a CAGR of 9.1% from 2014 to 2019, to reach an estimated value
of USD 10,886.0 million in 2019.

The membrane technology market in pharmaceutical, biopharma and life sciences is
growing due to increased research and development and production in pharmaceutical,
biopharmaceutical and life sciences industries. Moreover, stringent regulations and
usage of single-use disposable technique are also playing a major role in growth of the
membrane technology market. Presence of various filtration techniques such as
ultrafiltration, nanofiltration and microfiltration under membrane technology has
increased its acceptance in pharmaceutical, biopharmaceutical and life science
industries for separation and purification of components and biomolecules, over
conventional techniques.

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However, the market faces some restraints such as effects of membrane fouling, high
operational and investment cost and limitation of membrane materials. As a result, the
market is expected to grow at a CAGR of about 9.1% during 2014-2019.

North America is the largest market for membrane technology in pharmaceutical,
biopharmaceutical and life sciences industries. The U.S. is the world’s largest market for
pharmaceutical and biopharmaceutical products....