The increasing demand for biopharmaceuticals, increasing R&D expenditure in the biopharmaceutical industry, significant benefits of membrane chromatography over conventional chromatography methods, and increasing regulatory scrutiny on the cleaning validation of downstream purification processes are some the factors driving the growth of this market.
The global Membrane Chromatography Market is expected to reach USD 290.6 Million by 2022 from USD 126.6 Million in 2017, at a CAGR of 18.1%.
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On the basis of product, the market is broadly segmented into consumables and accessories. The consumables segment is expected to account for the largest share of the global membrane chromatography market in 2017 and is projected to register the highest CAGR during the forecast period.
On the basis of technique, the market is broadly segmented into ion exchange membrane chromatography, affinity membrane chromatography, and hydrophobic interaction membrane chromatography. The ion exchange membrane chromatography segment is expected to account for the largest share of the global membrane chromatography market in 2017.
On the basis operation mode, the market is broadly segmented into flow-through membrane chromatography and bind-elute membrane chromatography. The flow-through membrane chromatography segment is expected to account for the largest share of the global membrane chromatography market in 2017 and bind elute membrane chromatography is expected to witness the highest CAGR during the forecast period.
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In 2017, North America is expected to account for the largest share of the global membrane chromatography market.
The key players in the global membrane chromatography market are Sartorius (Germany), GE Healthcare (US), Danaher (US), Merck Millipore (US), and 3M Company (US).