Membrane Chromatography Market Size to Register 15.5% CAGR Through 2027
Global Membrane Chromatography Market to reach USD 542.9 million by 2027. Global Membrane Chromatography Market is valued approximately USD 171.4 million in 2019 and is anticipated to grow with a healthy growth rate of more than 15.5% over the forecast period 2020-2027.
Membrane chromatography is new bio separation technology, based on the integration of membrane filtration and liquid chromatography into a single-stage operation. Membrane chromatography can reduce bioprocessing costs due to the disposable nature, low buffer consumption and reduced equipment costs. The global Membrane Chromatography is facing challenges due to the coronavirus pandemic as various companies has restricted their manufacturing and supply operations at halt.
For instance: on 05th March 2019, Sartorius Ag agreed into a partnership with Novasep. This partnership lead to the development of novel systems for membrane chromatography systems that integrate Sartorius Stedim Biotech's single-use technology and Novasep's BioSCA(R) platform. However, limited use of membrane chromatography products in large-scale manufacturing is the major factor restraining the growth of global Membrane Chromatography market during the forecast period.
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The rising advantages of membrane chromatography over conventional chromatography techniques, increasing biopharmaceutical R&D and increasing regulatory scrutiny on the cleaning validation of downstream purification processes are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market.
Global Membrane Chromatography Market Competitive Landscape Analysis (Revenue, USD billion, 2020-2027)
- Sartorius Ag
- Danaher Corporation
- Merck Millipore
- Thermo Fisher Scientific, Inc.
- 3M Company
- Asahi Kasei Corporation
- Cole-Parmer Instrument Company, Llc
- Restek Corporation
- GVS Group
The regional analysis of global Membrane Chromatography market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing demand for biopharmaceuticals, the presence of a well-established biopharmaceutical industry, and rising R&D expenditure by biopharmaceutical companies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
- Ion Exchange Membrane Chromatography
- Affinity Membrane Chromatography
- Hydrophobic Interaction Membrane Chromatography
By Operation Mode:
- Flow-through Membrane Chromatography
- Bind-elute Membrane Chromatography
- Pharmaceutical and Biopharmaceutical Companies
- Clinical Research Organization (CROs)
- Academic and Research Institutes
Global Membrane Chromatography Market Regional Analysis (Revenue, USD billion, 2020-2027)
- Rest of Europe
- South Korea
- Rest of Asia Pacific
Rest of the World
Electronic Skin Market Size By Product, By Component, By Sensor Type, By Application, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026
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