PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1498348
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1498348
The membrane chromatography market is projected to reach USD 637 million by 2029 from an estimated USD 321 million in 2024, at a CAGR of 14.7% during the forecast period from 2024 to 2029. The growth of this market can be attributed to the increasing production of vaccines and monoclonal antibodies. The rising investments and fundings in the field of biotechnology is propelling the growth of membrane chromatography.
Scope of the Report | |
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Years Considered for the Study | 2022-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD) Volume (Thousand Units) |
Segments | By Product, Technique, Operation Mode, Membrane Material, and End User |
Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
"The ion exchange membrane chromatography segment accounted for the largest share of by technique segment in 2023."
In 2023, the ion exchange membrane chromatography segment accounted for the largest share of the global membrane chromatography market by technique. Incraesing demand for adnaved analytical techniques such as ion exchange chromatography to achieve high separation efficiency and rising demand for biological drugs are promoting the segment's growth in the membrane chromatography market.
"The US has continued to dominate the membrane chromatography market in 2023."
The US dominated the membrane chromatography market in North America in 2023. The US is the world's largest biopharmaceutical market and a leader in biopharmaceutical research/investments. The US also has a strong healthcare infrastructure, which drives research and development in the life sciences sector. Additionally, the significant presence of many biopharmaceutical companies and growing research activities in the biotechnology industry are propelling market growth in the US. Moreover, the increasing number of approvals for monoclonal antibodies is also driving the growth of the membrane chromatography market.
This research report categorizes the membrane chromatography market by product (syringe filters, capsules, cassettes and cartridges, spin columns, filter plates, membrane disc and sheets, and other consumables & accessories), technique (hydrophobic interaction membrane chromatography, affinity membrane chromatography, ion exchnage membrane chromatography (cation exchnage membrane chromatography and anion exchnage membrane chromatography)), operation mode (bind-elute membrane chromatography and flow-through membrane chromatography), membrane material (hydrogel, cellulose, polyethersulfone (PES), and other membrane material) end user (CROs and CDMOs, pharmaceutical & biopharmaceutical companies, and academic & research institutes), and by region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the membrane chromatography market. A thorough analysis of the key industry players has been done to provide insights into their business overview, products, key strategies, collaborations, partnerships, and agreements. Also, it includes new product launches, collaborations and acquisitions, and recent developments associated with the membrane chromatography market.
The report will help market leaders/new entrants by providing the closest approximations of the revenue numbers for the overall membrane chromatography market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to position their business better and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.