According to Our latest research report on “Medical Membrane Market ” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
The global medical membrane market was valued at $2.73 billion in 2019, and is projected to reach $5.81 billion by 2027, growing at a CAGR of 9.8% from 2020 to 2027. A medical membrane is a synthetically produced membrane that is used in the healthcare industry or in the laboratory for separation purposes. Since the mid-twentieth century, medical membranes have been successfully used in large- and small-scale manufacturing processes. The major factor that drives the growth of the global medical membrane market is increase in use of medical membrane in hemodialysis and pharmaceutical filtration
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In order to be able to fulfill rising demand, the chemical industry invests billions of dollars each year in new and sustaining capital. Chemicals and materials are omnipresent in contemporary life, therefore major changes will be required for chemical makers to function in a changing geopolitical environment on a global scale, either proactively or reactively. Chemical firms will probably need to prepare for difficulties in the upcoming year, such as global inflation and oil price instability.
In different medical applications, such as venting & gas filtration, pre-filtration, sterile filtration, infusion therapy, and sample preparation, these membranes are commonly used. In aqueous solution, the medical membrane offers superior flow and fast filtration rate to flush out bacteria, fine particles, and fungi. Thus, owing to increase in applications across several industries such as healthcare, biotechnology, and pharmaceuticals , the medical membrane market has witnessed unparalleled growth over the last few decades.
In emerging economies, surge in demand for medical membranes is anticipated to fuel market growth. Factors further driving market growth are rise in demand for artificial organs and the need for high-purity selective separation. In addition, medical membranes are widely used to manufacture and preserve high-quality goods in the healthcare industry. They deliver benefits such as elevated selectivity and permeability. One of the most important applications of the semi-permeable membrane in the artificial treatment of blood is hemodialysis. However, high capital expenditure for membrane and surface fouling production are expected to impede the growth of the global medical membrane industry.
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The global medical membrane market is segmented into material, technology, applications, and region. By material, the market is classified into acrylics, polypropylene (PP), polyvinylidene fluoride (PVDF), polysulfone (PSU) & polyether sulfone (PESU), polytetrafluoroethylene (PTFE), and others. Depending on technology, it is segregated into microfiltration, ultrafiltration, nanofiltration, dialysis, gas filtration, and others. On the basis of application, it is fragmented into pharmaceutical filtration, IV infusion & sterile filtration, bio-artificial processes, drug delivery, hemodialysis, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
? The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global medical membrane market from 2019 to 2027 to determine the prevailing opportunities.
? A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
? Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
? Profiles of leading players operating in the market are provided to understand the global competitive scenario.
? The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
IMPACT OF COVID-19 ON THE GLOBAL MEDICAL MEMBRANE MARKET
– The world is battling the contagious COVID-19 pandemic, which has spread across the globe.
– Some of the major economies suffering the COVID-19 crises include Germany, France, Italy, Spain, the UK, and Norway.
– Medical membrane is primarily used in pharmaceutical filtration, IV infusion & sterile filtration, bio-artificial processes, drug delivery, and hemodialysis; and as an impact of national lockdown, these sectors were experiencing a slight decline in growth rates.
– In many countries, the economy has dropped due to the halt of several industries, especially transport and supply chain. Demand for the product has been hindered as there is no development due to the lockdown.
– The demand supply gap, disruptions in raw material procurement, and price volatility are expected to hamper the growth of the chemical industry during the COVID-19 pandemic.
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KEY MARKET PLAYERS
– Amniox Medical
– Asahi Kasei
– Danaher Corporation
– Hangzhou Cobetter Filtration Equipment
– Koch Membrane Systems
– Merck Group
– Mann+Hummel
– Sartorius AG
– W. L. Gore & Associates
– 3M Company
KEY MARKET SEGMENTS
– By Material
? Acrylics
? Polypropylene (PP)
? Polyvinylidene Fluoride (PVDF)
? Polysulfone (PSU) & Polyether Sulfone (PESU)
? Polytetrafluoroethylene (PTFE)
? Others
– By Technology
? Microfiltration
? Ultrafiltration
? Nanofiltration
? Dialysis
? Gas Filtration
? Others
– By Application
? Pharmaceutical Filtration
? IV Infusion & Sterile Filtration
? Bio-Artificial Processes
? Drug Delivery
? Hemodialysis
? Others
– By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? France
? Italy
? Spain
? UK
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? South Korea
? Australia
? Rest of Asia-Pacific
o LAMEA
? Brazil
? Saudi Arabia
? South Africa
? Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions the Report Discusses
- What essential elements emerged from both primary and secondary research?
- What will the market’s future potential be?
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- What obstacles and problems face the growth of an industry?
- What does supply chain analysis for products and market size, share mean?
- Which of the possible manufacturers is still operating in the market?
- What are the advantages, benefits, and applications of the product’s features?
- What are the main trends and influencing factors?
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