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Pharmaceutical Membrane Technology Market: Used in Phases of Pharmaceutical, Life Sciences and Biopharmaceutical Industries

06-28-2018 07:44 AM CET | Health & Medicine

Press release from: P&S Market Research - Biotechnology

Pharmaceutical Membrane Technology Market: Used in Phases

Membrane technology refers to all engineering advancements for transporting substances between two fractions by the use of permeable membranes. Generally, mechanical separation processes use membrane technology for separating gaseous or liquid streams. Membrane technology is used in a range of development phases of pharmaceutical, life sciences and biopharmaceutical industries. Membrane technology has applications in laboratory drug research, large scale pharmaceutical production, lab scale DNA and protein separation, cell culturing, drug screening, and examination and virus removal. Some of the major products of membrane technology are microarray products, syringe membranes filters, multi-well filters and bottle top filters.

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Membrane technology is also widely used in improving water quality by removing particles, natural organic matter, pathogens (viruses and bacteria), emerging substances, and other dissolved matter from drinking water. Furthermore, membrane technology is used for the improvement of biological stability of drinking water in the distribution network. Water companies are legally forced to enhance the quality of drinking water in order to fulfill public health requirements. The enhancement is achieved by improving water quality and by operating water treatment processes more cost-efficiently with the help of membrane technology.

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Business opportunities lie in product innovation or modification in the global pharmaceutical membrane technology market. Effects of membrane fouling on membrane technology, limitations of membrane materials, and high capital and operational cost associated with the membrane technology are some of the major factors restraining the growth of global pharmaceutical membrane technology market.

North America is the largest market for pharmaceutical membrane technology, owing to high concentration of pharmaceutical and biopharmaceutical manufacturing companies in the region. In Europe, many organizations, associations and societies are involved in development and implementation of membrane technology in pharmaceutical, biopharmaceutical and life sciences industries. However, Asia-Pacific is the fastest growing market for pharmaceutical membrane technology due to continuous development in pharmaceutical and biopharmaceutical industries. Additionally, increasing healthcare awareness, growing incidence of life style diseases, large population base and increasing government healthcare spending in developing countries of Asia-Pacific is driving the market for pharmaceutical membrane technology.

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Some of the major competitors in global pharmaceutical membrane technology market are Amazon Filters Ltd., 3M Company, Pall Corporation, Advantec MFS Inc., Sartorius AG, GE Healthcare Life Sciences, Novasep, Merck Millipore (EMD Millipore), Koch Membrane Systems Inc., and TriSep Corporation.

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