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Pharmaceutical Membrane Filtration Market Worth $7,960.3 Million by 2018 - Report by MarketsandMarkets
Date:7/20/2014

(PRWEB) July 21, 2014

The “Pharmaceutical Membrane Filtration Market by Technology (Microfiltration, Ultra filtration, Nan filtration, Reverse Osmosis & Ion Exchange), Application (Cell Separation, Protein Purification, Sterilization, Virus Removal & Water Management), Region (North America, Europe, Asia-Pacific & ROW) - Trends & Forecast to 2018” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

This report studies the global membrane filtration market for pharmaceutical market over the forecast period of 2013 to 2018. This market is valued at an estimated $3,691.9 million in 2013 and is poised to grow at a CAGR of 16.6% from 2013 to 2018, to reach $7,960.3 million by 2018.

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Membrane filtration is an important separation technique in the pharmaceutical and biotechnology industries. It finds widespread applications in the biopharmaceutical industry as biopharmaceutical products, and their intermediates are susceptible to degradation due to heat and chemical treatment, which makes it difficult to separate them using alternate technologies. Membrane filtration has been used in pharmaceutical industry since 1935 and is presently one of the most widely adopted separation techniques in these industries. Based on application, the protein purification market holds the largest share in 2013. However, the sterilization market is poised to grow at the highest CAGR from 2013 to 2018.

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