Membrane Chromatography Market by Product (Consumable (Membrane Filter, Syringes, Column, Capsule & Cartridge), Accessories), Type (Ion Exchange Chromatography, Affinity Membrane, Hydrophobic Interaction) - Analysis & Forecast 2019-2030
Report ID : 4 | Published Date : Jan 2019 | Pages : 150 | Region : Global | Report Code : MD-04
Membrane Chromatography Market Overview and Introduction
The global membrane chromatography market is estimated to be over US$ 100 Mn in 2017. It is anticipated to grow at a double digit CAGR from 2019 to 2030.
Membrane Chromatography is a widely used technology in the bioprocessing industry. Membrane chromatography is relatively new and faster processing technology that is used in drug production. Also this technique offers higher capture efficiency and productivity than other chromatography techniques. Purification, isolation of proteins and enzyme and other biotechnology related applications are also carried out by membrane chromatography.
The global membrane chromatography market is driven by rising research and development procedure and expenditure in the biopharmaceutical industry, advantages of membrane chromatography over conventional chromatography, and need for new drug to curb growing genetic diseases are some major factors driving the market. However, high cost related to membrane chromatography products and lack of skilled professionals is likely to restrain the market to certain extent.
Membrane Chromatography Market by Product
On the basis of product, the membrane chromatography market is segmented into consumables and accessories. Consumables market is further segmented into membrane filters, columns, syringes, cartilage & capsules and other consumables. Consumables to account for the largest share of the membrane chromatography market. The largest share of the segment can be attributed to recurring use of consumables for conducting bioprocessing procedure and wide application of membrane chromatography in bio manufacturing and lab-scale production processes
Membrane Chromatography Market by Type
Based on type, the market is segmented into affinity membrane, ion exchange chromatography, and hydrophobic interaction membrane chromatography. The ion exchange chromatography segment is estimated to account for the largest share of the global membrane chromatography market. The large share of this segment can be attributed to growing research and development activities in bioprocessing industry.
Membrane Chromatography Market by Regions
The global Membrane Chromatography market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of membrane chromatography, followed by Europe and Asia Pacific. North America will continue to dominate the global Membrane Chromatography market in the forecast period owing to factors such as growing need of Membrane Chromatography products and highly developed bioprocessing industry. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries and research and development activities in biotechnology and pharmaceutical industry are driving the growth of the Membrane Chromatography market in this region. The high cost of membrane chromatography products may restrain market growth to a certain extent.
Membrane Chromatography Market Prominent Players
The prominent players in the global Membrane Chromatography market are Sartorius, GE Healthcare, Asahi Kasei, Danaher, Merck Millipore, Thermo Fisher Scientific, Cole-Parmer, Membrane Solutions and 3M Company among others.