Medical Membranes Market Growth Analysis | 2022-28

Medical Membranes Market Growth Analysis | 2022-28

Medical Membranes Market Growth Analysis | 2022-28
Report code - SRAM499 Delivery - 2 Weeks
Medical Membranes Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Op See more...

"The medical membranes market is likely to grow from USD 3.02 billion in 2021 to reach USD 5.59 billion by 2028 at a healthy CAGR of 9.18 % during the forecast period".

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Market Dynamics

Introduction

Medical membranes are devices that are used extensively in medical treatments. They are made from organic and inorganic polymers and offer high selectivity and permeability in medical applications.

Medical Membranes are made up of different material types, such as PTFE, PVDF, PP, PSU, PESU, modified acrylics, and others, that are used in various applications, such as pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes, others.

Medical Membranes Market Report Overview

Market Size in 2028

USD 5.59 billion

Market Size in 2021

USD 3.02 billion

Market Growth (2022-2028)

CAGR of 9.18 %

Base Year of Study

2021

Trend Period

2016-2020

Forecast Period

2022-2028

Market Driver

The impressive growth of the market is attributable towards:

  • The rise in demand for high-purity selective separation.
  • Expanding healthcare and pharmaceutical industries.
  • Increasing number of End-Stage Renal Disease (ESRD) patients.

To know more about market segments,

Segment Analysis

By Process Technology Type

"Ultrafiltration process technology is expected to lead the market"

The market is segmented as ultrafiltration, microfiltration, nanofiltration, reverse osmosis, dialysis, gas filtration and others. The ultrafiltration process technology is expected to lead the medical membranes market owing to the increasing use of ultrafiltration process technology in pharmaceutical filtration.

By Application Type

"Pharmaceutical filtration application segment is likely to command the medical membranes market"

The market is segmented as pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes, and others. The pharmaceutical filtration application segment is likely to command the medical membranes market during the forecast period. This growth is attributed to the growing production of medicated drugs and expansion of healthcare facilities.

By Region

"Europe is the leading market for medical membranes"

Europe is the leading market for medical membranes. The prime factor in the growth of the medical membranes market in Europe is the increasing aging population (above 65 years), growing End-Stage Renal Disease (ESRD) patient pool, increasing improved diagnostic facilities, and rising incidences of chronic diseases, such as diabetes and hypertension. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

To know which region offers the best growth opportunities,

Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The market is segmented into the following categories. 

By Material Type:

  • Polysulfone (PSU) & Polyether Sulfone (PESU)
  • Polyvinylidene Fluoride (PVDF)
    • (By Material Type Analysis: Hydrophobic PVDF Membrane and Hydrophilic PVDF Membrane)
  • Polytetrafluoroethylene (PTFE) 
  • Polypropylene (PP) 
  • PESU 
  • Modified Acrylics 
  • Polyethylene 
  • Others 

By Process Technology Type:

  • Ultrafiltration
  • Microfiltration 
  • Nanofiltration 
  • Reverse Osmosis 
  • Dialysis 
  • Gas Filtration 
  • Others 

 By Application Type:

  • Pharmaceutical Filtration 
  • Hemodialysis 
  • Drug Delivery 
  • IV Infusion & Sterile Filtration 
  • Bio-Artificial Processes 
  • Others 

By Region:

  • North America (Country Analysis: the USA, Canada, and Mexico) 
  • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

The following are the key players in the medical membranes market (arranged alphabetically)

  • Asahi Kasei Corporation
  • Akzoss Nobel
  • Baxter International
  • Ge Healthcare
  • GEA Group
  • Koch Membrane Systems
  • Merck Millipore
  • Pall Corporation
  • Toray Medical
  • W.L Gore and Associates Inc.

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth analysis of the Medical Membranes Market

How lucrative is the future?

Market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Market Segmentation

  • Current market segmentation of any one of the material types by application type.

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

 

Frequently Asked Questions (FAQs)

Medical membranes are the devices that are used extensively in medical treatments. They are made from organic and inorganic polymers and offer high selectivity and permeability in medical applications. Medical Membranes are made up of different material types, such as PTFE, PVDF, PP, PSU, PESU, modified acrylics, and others, that are used in various applications, such as pharmaceutical filtration, haemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes, others.

Pall Corporation, Merck Millipore, Koch Membrane Systems, Asahi Kasei Corporation, Toray Medical, Baxter International, Ge Healthcare, GEA Group, W.L Gore and Associates Inc., and Akzoss Nobel are among the key players in the market.

In terms of regions, Europe is the leading market for medical membranes.

The pharmaceutical filtration application segment is expected to command the market.

The ultrafiltration process technology is expected to lead the market in the coming years.

Rise in demand for high-purity selective separation, expanding healthcare and pharmaceutical industries, and increasing number of End-Stage Renal Disease (ESRD) patients are the factors driving the growth of market.

The market is likely to grow from USD 3.02 billion in 2021 to reach USD 5.59 billion by 2028.

The medical membranes market is likely to grow at a healthy CAGR of 9.18 % during the forecast period.

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