PUBLISHER: Grand View Research | PRODUCT CODE: 1529821
PUBLISHER: Grand View Research | PRODUCT CODE: 1529821
Membrane Chromatography Market Trends
The global membrane chromatography market size was estimated at USD 284.45 million in 2023 and is anticipated to grow at a CAGR of 15.7% from 2024 to 2030. The growth of the market is driven by the rising demand for biopharmaceuticals and the growing regulatory focus on the cleaning validation of downstream purification processes. The demand for membrane chromatography is growing due to its efficiency and cost-effectiveness in biopharmaceutical purification processes.
Unlike traditional column chromatography, membrane chromatography offers higher binding capacities, faster processing times, and reduced buffer consumption. Its scalability and ease of use make it ideal for capturing and polishing large biomolecules, such as monoclonal antibodies and viral vectors, which are increasingly important in therapeutic and vaccine production. In addition, the rise in demand for biologics, coupled with stringent regulatory standards for purity and safety, drives the adoption of advanced purification technologies like membrane chromatography in the bioprocessing industry.
Furthermore, growing approvals by key market players from regulatory bodies for the manufacturing and supply of biopharmaceuticals aimed at treating various diseases are likely to fuel the demand over the coming years. For instance, in April 2024, Boehringer Ingelheim Biopharmaceuticals China (BioChina), in partnership with a customer, successfully passed pre-approval inspections by the European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA). This achievement is significant for BioChina as it demonstrates its commitment to meeting the stringent regulatory standards of the EMA and the U.S. FDA.
Moreover, the increase in R&D expenditure in the biopharmaceutical sector aided in the market's growth. For instance, as per the International Federation of Pharmaceutical Manufacturers & Associations' 2021 report on the pharmaceutical industry and global health, the biopharmaceutical industry's annual R&D spending surpasses that of aerospace and defense by 7.3 times, chemicals by 6.5 times, and software and computer services by 1.5 times. The report estimated that in 2022, over USD 202 billion were invested globally in biopharmaceutical research and development, reflecting the increasing popularity of biopharmaceuticals.
Furthermore, the growing number of product launches is further propelling the membrane chromatography market's growth. For instance, in August 2023, Waters Corporation launched the XBridge Premier GTx BEH SEC columns specifically designed for gene therapy applications. These new columns aim to address the unique challenges faced in gene therapy research and development, offering high performance and reliability.
Membrane chromatography has emerged as a valuable tool in the downstream processing of biopharmaceuticals due to its ability to streamline processes, reduce steps, and enhance overall efficiency. For instance, the article published in September 2023 on "Template-Assisted Membrane Crystallization Downstream Processing for Monoclonal Antibody Purification" highlights a novel approach to downstream processing for monoclonal antibody purification using template-assisted membrane crystallization. This technique involves using templates to control crystal growth on membranes, improving monoclonal antibody separation efficiency and purity. This technology offers several advantages, making it an attractive option for the biopharmaceutical industry.
Global Membrane Chromatography Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global membrane chromatography market report based on product, technique, end use, and region.
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Norway
Sweden
Denmark
Japan
China
India
Australia
South Korea
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait