Global Markets for Membrane Technology for Pharmaceuticals

July 09, 2012

Wellesley, Mass.– According to a new technical market research report, GLOBAL MARKETS FOR MEMBRANE TECHNOLOGY FOR PHARMACEUTICALS (MST048B) from BCC Research (www.bccresearch.com), the global market for membrane technology was valued at nearly $6.5 billion in 2011. This figure is projected to surpass $10 billion in 2016, a five-year compound annual growth rate (CAGR) of 9.3%.

The market for membrane technology can be separated into three categories: pharmaceutical, life science laboratory, and biopharmaceutical.

The pharmaceutical segment accounted for nearly $2.8 billion in 2011 and should total $4.4 billion in 2016, a CAGR of 9.9%.

The life science laboratory segment totaled nearly $1.9 billion in 2011 and should reach nearly $2.6 billion in 2016, a CAGR of 6.5%.

The biopharmaceutical segment was worth $1.8 billion in 2011 and in 2016 should be worth nearly $3.1 billion, a CAGR of 10.9%.

Membrane technology is used in all phases of the pharmaceutical development processes, from laboratory research to large-scale pharmaceutical manufacturing. Applications include lab-scale DNA and protein separation and analysis, sample preparation, drug screening, cell culturing and examination, laboratory and process water purification, virus removal, and bench-, pilot-, and production-scale drug manufacturing.

The pharmaceutical sector holds huge potential based on the demographics of a globally aging population, the emergence of life-threatening viruses, and the drive to find treatments for leading diseases such as cancer and diabetes. With the losses of patent protection for hugely popular pharmaceuticals, manufacturing of generic versions is expected to grow, possibly shifting membrane sales outside theUnited Statesand Europe towardAsia.

This study will be of interest to membrane device manufacturers, membrane material manufacturers, and venture capitalists and financial institutions involved in the healthcare industry.

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Global Markets for Membrane Technology for Pharmaceuticals( MST048B )
Publish Date: Jun 2012    

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