During the forecast period, the membrane chromatography market in Europe is predicted to expand at a CAGR of 16.60% and be worth USD 105.04 million by 2027.
Membrane chromatography is only used in specific applications, such as removing dilute impurities like viruses, endotoxins, and DNA in continuous flow mode. However, the uses have increased with more acceptance over the past decade as a polishing step in several commercial processes for producing monoclonal antibodies. The key applications do not require high-resolution separation, such as continuous flow process steps, making them significantly lower costs.
In addition, the growing demand for membrane chromatography and increasing regulatory control over the validation of purification processes is also significantly driving the growth of the European membrane chromatography market. Furthermore, the development of R&D and advancement of bio-sciences in the industry will impact the launch of new products by key manufacturers in the market, which will enhance their growth in the market. Several research studies are currently underway that are predicted to create a competitive advantage for manufacturers who develop new and innovative membrane chromatography products.
The European membrane chromatography market will also grow with increasing momentum during the forecast period attributed to the growing demand for biopharmaceuticals, frequent product launches and collaborations, and the remarkable advantages of membrane chromatography over conventional chromatography technology. For example, Sartorius, a leading international research group, collaborated with Danaher Corporation to help innovative protein analysis instruments, biosensors, and reagents used in drug discovery. These factors are projected to provide further opportunities in the European membrane chromatography market.
Despite many advantages seen by using membrane chromatography, several limitations will hamper the progress of the European membrane chromatography market during the given period. For example, according to Pharm Focus Asia, the most significant limitation of membrane chromatography is the poor binding properties. These factors will limit the growth of the studied market in the years to come. Due to this factor, there is limited use of membrane chromatography in large-scale manufacturing units.
Moreover, the lack of skilled professionals and reduced awareness about membrane chromatography may slow market growth across European nations.
This research report on the European membrane chromatography market has been segmented and sub-segmented into the following categories:
By Product:
By Application:
By End-User:
By Country:
The regional market in Germany is expected to dominate the studied market due to the presence of the largest consumer market with high GDP. In addition, this region holds one of the large pharmaceutical industries with evolving developments in bio-sciences and other sectors. The share of renewable electricity in Germany rose from just 3.48% of the total electricity consumed in early 1990 to exceed over 10.56 % by the mid- 2000s, and the consumption has reached approximately 42.18% in the year 2019. Such initiatives are anticipated to grow during the forecast period due to increasing concerns about environmental impacts in the region.
The European membrane chromatography market will be driven collectively with growing awareness about environmental changes and public or privately funded efforts to bring in renewable energy sources. Regions such as Spain, Italy, Norway, and Sweden have increased R&D spending by biopharmaceutical companies and attracted international market players who play an essential role in this market. For example, Sartorius AG Company dominated the European membrane chromatography market in 2019 due to their robust distribution network adopting organic and inorganic strategies such as product launches, acquisitions, and expansions.
The United Kingdom will grow with a high CAGR of 4.59% during forecast periods, owing to various factors such as increased investments in the biopharmaceutical sector, promising activities in R&D activities, and ongoing demand to reduce waste.
KEY MARKET PLAYERS:
Sartorius AG, Danaher Corporation, Merck Millipore, Thermo Fisher Scientific, 3M Company, GE Healthcare, Asahi Kasei Corporation, Cole-Parmer Instrument Company, LLC, GL Sciences Inc., Regis Technologies, Inc. and Restek Corporation are some of the leading companies in the European membrane chromatography market.
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