Vancouver, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The global membrane chromatography market size was USD 320.0 Million in 2022 and is expected to register a rapid revenue CAGR of 17.6% during the forecast period. Rising regulatory compliance for purification process and safety and hygiene and increasing automation and user-friendly designs of membrane chromatography systems and use of membrane chromatography systems in the biopharmaceutical sector are key factors driving market revenue growth.
Moreover, rising investments in Research & Development (R&D) activities to produce innovative and new products in the field of membrane chromatography technology is also expected to drive market revenue growth during the forecast period. Leading industry players are investing in the creation of innovative membrane chromatography products as these are more effective and economical. The production of biopharmaceuticals has severe regulations, which are set by regulatory agencies such as European Medicines Agency (EMA) and U.S. Food and Drug Administration (FDA).
Furthermore, demand for membrane chromatography systems is rising due to development of novel products such as disposable membrane chromatography systems. These user-friendly devices contribute to cost savings by eliminating the need for labor-intensive cleaning and sterilization processes.
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However, limited availability of membrane chromatography products and high costs of membrane chromatography equipment are key factors, which could restrain market revenue growth. Standards of regulations and the possibility of newer rules being implemented have posed a challenge for membrane chromatography across the world.
Segment Insights:
Product Insights:
On the basis of product, the global membrane chromatography market is segmented into capsules & cartridges, cassettes, and modules. The capsules & cartridges segment accounted for largest revenue share in the global membrane chromatography market in 2022 owing to simplicity of use and suitability of capsules & cartridges for small scale laboratory applications. These items are preferred because of their small size enabling these to be employed in numerous tasks such as removing viruses, purifying proteins, and separating contaminants.
Operation Mode Insights:
On the basis of operation mode, the global membrane chromatography market is segmented into flow-through and bind-elute. The flow-through segment is expected to account for significantly large revenue share in the global membrane chromatography market during the forecast period. This is because Flow-Through Chromatography (FTC) is an efficient method used for separating a target protein, in which a target protein is recovered from the chromatography column without adsorption whereas contaminants are tightly bound.
Regional Insights:
The North America market accounted for largest revenue share in the global membrane chromatography market in 2022 due to increasing drug development and purification processes by major sectors. In addition, the presence of major industry players is also expected to drive market revenue growth during the forecast period. These companies are making major investments in Research & Development (R&D) projects aimed at developing innovative and attractive, effective, and affordable products due to rising demand for these products.
The Asia Pacific market is expected to register fastest growth rate in the global membrane chromatography market over the forecast period. This is due to increasing R&D initiatives and rising demand for food safety as well as stringent regulations. For instance, on December 8, 2023, researchers based in Xi'an, China, developed an innovative cell membrane analysis system utilizing HALO-tag technology, as detailed in their study published in Talanta.
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Scope of Research
Report Details | Outcome |
Market Size in 2022 | USD 320.03 Million |
CAGR (2023–2032) | 17.6% |
Revenue Forecast To 2032 | USD 1,611.9 Million |
Base Year For Estimation | 2022 |
Historical Data | 2019–2021 |
Forecast Period | 2023–2032 |
Quantitative Units | Revenue in USD Billion and CAGR in % from 2022 to 2032 |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered | Product, operation mode, type, end-use, and region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Russia, Rest of Europe, China, India, Japan, South Korea, ASEAN Countries, Oceania, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa |
Key Companies Profiled | Purilogics, 3M Company, Pfizer Inc., Porex Corporation, Asahi Kasei Corporation, Membrane Solutions, LLC, PALL Corporation , Merck KGaA, Asahi Kasei Corporation, and SARTORIUS AG |
Customization Scope | 10 hours of free customization and expert consultation |
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Major Companies and Competitive Landscape
The global membrane chromatography market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective membrane chromatography products. Some major players included in the global membrane chromatography market report are:
- Purilogics
- 3M Company
- Pfizer Inc.
- Porex Corporation
- Asahi Kasei Corporation
- Membrane Solutions, LLC
- PALL Corporation
- Merck KGaA
- Asahi Kasei Corporation
- SARTORIUS AG
Strategic Development
- On 5 February, 2023, Biotage AB finalized an agreement to acquire Astrea Bioseparations, a rapidly expanding provider of chromatography solutions, previously under Gamma Biosciences, a life sciences tools platform established by KKR. The acquisition encompasses the shares held by specific minority investors within the Astrea group.
- In 2021, Merck introduced its Pellicon 3 Cassettes with Ultracel Membrane, a novel filtration product that makes the claim that it can purify biologics quickly and effectively at high flow rates. The product is intended for use in biopharmaceuticals' post-processing.
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Segments Covered in Report
For the purpose of this report, Emergen Research has segmented the global membrane chromatography market on the basis of product, operation mode, type, end-use, and region:
- Product Outlook (Revenue, USD Million; 2019-2032)
- Capsules & cartridges
- Cassettes
- Modules
- Operation Mode Outlook (Revenue, USD Million; 2019-2032)
- Flow-through
- Bind-elute
- Type Outlook (Revenue, USD Million; 2019-2032)
- High molecular weight protein
- Viral vectors
- Vaccines
- Plasmid Deoxyribonucleic Acid (DNA)
- Others
- End-Use Outlook (Revenue, USD Million; 2019-2032)
- Biopharmaceutical & life science
- Food & Beverages (F&B)
- Water & environmental testing
- Regional Outlook (Revenue, USD Million; 2019–2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- ASEAN Countries
- Oceania
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of LATAM
- Middle East & Africa
- GCC Countries
- Israel
- Turkey
- South Africa
- Rest of Middle East & Africa
- North America
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