Market Trends of Track-Etched Membrane Industry
This section covers the major market trends shaping the Track-Etched Membrane Market according to our research experts:
Cell Biology Segment is Expected to Hold a Major Market Share in the Track-Etched Membrane Market
- Cell culture is one of the important process which is involved in developing vaccines, biologic, monoclonal bodies,etc. One of its crucial part is cell filtration as the culture needs to be protected against introduction of unwanted bacteria, virus and other micro-organisms. Hence, a proper membrane filter is of utmost importance, with track-etched membrane as controlled precise pore size is possible. Also, these membranes are tend to provide more surface area. Since the adoption of biologic, cell-culture based vaccines, etc. is growing, the demand for track-etched membrane filter is also expected to increase.
- Clarification process consists of centrifugation, micro-filtration and harvesting of the culture. Cell separation and removal of cell debris are the primary goals of this procedure, for which membrane filtration technique is required.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America expected to hold a major market share in the globalTrack-Etched Membrane marketdue to increasing investment in research development activities related to pharmaceuticals and biopharmaceuticals and growing adoption of nanotechnology. According to the survey of Pharmaceuticals Researchers and Manufacturers of America (PhRMA), the R&D expenditure has increased from around 65.5 million USD in 2016 to 71.4 million USD in 2017. Therefore, this factor is expected to increase the demand for track-etched membrane.