Increasing investment in biopharmaceutical RD, rising demand for membrane chromatography in pharmaceutical drug analysis processes, and advantages of membrane chromatography over conventional chromatography processes are key factors driving revenue growth of the market
The global membrane chromatography market size is expected to reach USD 641.87 Million by 2028 and register a CAGR of 15.8% over the forecast period, according to the latest report by Reports and Data. Increasing advantages of membrane chromatography over other chromatography techniques, rapid adoption of membrane chromatography in biotechnology research, and growing investment in biopharmaceutical RD are key factors expected to drive market revenue growth over the forecast period. In addition, rapid advancement in validation of chromatographic processes to develop a more cost-efficient approach and provide better understanding of the processes is also expected to drive revenue growth of the market over the forecast period.
Membrane chromatography uses membranes having micron-size pores that contain functional ligands on inner surface of the pores. These membranes enable selective separations through adsorption or binding depending on ion-exchange, reversed-phase, affinity, and hydrophobic interactions. Membrane chromatography can significantly reduce downstream bioprocessing costs attributed to its disposable nature, low buffer utilization, and low material costs. This is a key factor boosting adoption of membrane chromatography for research purposes and is expected to drive revenue growth of the market over the forecast period.
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The rapid adoption of AI, ML, and IoT and robust data management processes has made the hospitals and clinical settings smarter. New technologies and solutions have improved the normal medical processes such as clinical diagnosis, treatment, diseases management, and monitoring patient recovery after discharge. Rapid digitalization and increasing adoption of virtual care and telemedicine is further expected to positively impact the revenue growth of the market going ahead.
Emergence of new healthcare and telemedicine startups, increasing number of collaborations among healthcare facilities and research institutions, and rising focus on patient engagement solutions has further fueled revenue growth of the market. Key companies are forming strategic alliances and collaborative ventures such as mergers and acquisitions, joint ventures, partnerships, manufacturing and licensing agreements, and product launches among others.
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Leading Players Analyzed in the Report:
Sartorius AG, Danaher Corporation, Merck Millipore, Thermo Fisher Scientific, 3M Company, GE Healthcare, Asahi Kasei Corporation, Cole-Parmer Instrument Company, LLC, GL Sciences Inc., Regis Technologies, Inc., and Restek Corporation, among others.
Furthermore, to offer a better understanding of the competitive landscape, an extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
The report further discusses in detail the regional spread of the global Membrane Chromatography market along with analysis of production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
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Key Regions Studied in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Segmentation based on Types:
Technique Outlook (Revenue, USD Million; 2018-2028)
- Ion Exchange Membrane Chromatography
- Anion Exchange Membrane Chromatography
- Cation Exchange Membrane Chromatography
- Affinity Membrane Chromatography
- Hydrophobic Interaction Membrane Chromatography
Product Outlook (Revenue, USD Million; 2018-2028)
- Consumables
- Capsules, Cassettes, and Cartridges
- Syringe Filters
- Filter Plates
- Spin Columns
- Membrane Discs and Sheets
- Other Consumables
- Accessories
Operation Outlook (Revenue, USD Million; 2018-2028)
- Flow-through Membrane Chromatography
- Bind-elute Membrane Chromatography
End-use Industry Outlook (Revenue, USD Million; 2018-2028)
- Pharmaceutical and Biopharmaceutical Companies
- CROs
- Others
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