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Membrane Technology Market to Expand at a 9.1% CAGR from 2013 to 2019
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North America is the largest market, and biopharmaceutical industry is the largest segment in the global market for membrane technology in pharmaceutical, biopharmaceutical and life sciences industries. However, Asia is the fastest growing region in the membrane technology market. Additionally, nanofiltration is the fastest growing technology in the global market for membrane technology in pharmaceutical, biopharmaceutical and life sciences industries.
The membrane technology market in pharmaceutical, biopharmaceutical and life sciences industries accounted for USD 4,590 million in revenue in 2009.
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Biopharmaceuticals commanded the largest share in the overall membrane technology market in 2009. It was estimated to grow at a CAGR of 9% from 2009 to 2013.
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TABLE 1 Global market of Membrane Technology for pharmaceutical, biopharmaceutical and life sciences industries size, by geography 2014-2019 (USD millions)
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