The global Pharmaceutical Membrane Filtration Market is witnessing high growth rate owing to factors such as increasing investments in research related activities and technological advancements. Besides this, high growth of the biopharmaceutical industry is also propelling the market growth. Key players in the global pharmaceutical market are pursuing strategies like product launches; partnerships, agreements, and collaborations; acquisitions; and expansions to strengthen their foothold in the market.
Browse 65 market data tables and 35 figures spread through 139 pages and in-depth TOC on “Pharmaceutical Membrane Filtration Market“.
On the basis of product, the pharmaceutical membrane filtration market is segmented into MCE membrane filters, coated cellulose acetate membrane filters, nylon membrane filters, PTFE membrane filters, PVDF membrane filters, other membrane filters. In 2016, the MCE membrane filters segment is expected to account for the largest share of the pharmaceutical membrane filtration market. This growth can be attributed to factors such as increasing adoption of different types of membrane filters for various filtration applications and the frequent use of these filters as compared to nylon, PVDF, and coated cellulose acetate.
On the basis of technique, the pharmaceutical membrane filtration market is segmented into microfiltration, ultrafiltration, crossfiltration, nanofiltration, reverse osmosis, and ion exchange. The microfiltration segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is attributed to the rising demand of techniques from research and medical services.
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On the basis of application, the pharmaceutical membrane filtration market is segmented into final product, raw material, air purification, cell separation, and water purification. The final product segment is projected to show the highest CAGR during the forecast period. The high growth of this segment can be attributed to the high production of pharmaceutical products and drugs.
For the next five years, growth in the pharmaceutical membrane filtration market is likely to be centered in Asia. Factors such as increasing incidence of airborne diseases, growing R&D spending by developed countries, and rapid expansion in generic drug production are the major drivers for the growth of the Asian pharmaceutical membrane filtration market.
