IMARC Group has recently released a new research study “Medical Membrane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What Are The Growth Prospects Of The Medical Membrane Industry?
The global medical membrane market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.35% during 2023-2028.
What Is A Medical Membrane?
Medical membrane represents synthetic membranes that are utilized in several medical applications for filtration and separation. Based on materials, they can be categorized into acrylics polypropylene (PP), polysulfone (PSU), polyvinylidene fluoride (PVDF), polyether sulfone (PESU), etc. These medical membrane variants are designed to filter out bacteria, fungi, fine particles, and various toxins from the blood through aqueous solutions and superior flow rates. They prove to be instrumental in the concentration, separation, and purification of multiple medical processes.
Medical membrane materials even act as selective barriers for preventing immune system components from inadvertently interacting with implants while permitting nutrients and metabolites to enter cells freely. They play an important role in the production of an extensive range of diagnostic devices. Consequently, medical membrane products find widespread utilization in pharmaceutical filtration, bio-artificial processes, IV infusion and sterile filtration, drug delivery, hemodialysis, etc.
Request For Sample Report: https://www.imarcgroup.com/medical-membrane-market/requestsample
What Are The Key Factors Driving In The Medical Membrane Market?
The growing prevalence of numerous chronic diseases, including renal failure, diabetes, atherosclerosis, etc., across the globe, is among the key factors driving the medical membrane market. In line with this, the rising use of membranes in dialysis for filtration and blood purification and in the recovery of concentrated proteins and enzymes is acting as another significant growth-inducing factor.
Moreover, the escalating requirement of medical membrane devices, which include microfiltration and intravenous (IV) infusion filters for curing multiple ailments, is also positively influencing the market growth. Apart from this, the inflating demand for artificial organ implants, owing to organ failure, is further stimulating the global market. Additionally, the expanding product usage for wastewater treatment, on account of its higher selectivity towards critical components, is expected to bolster the medical membrane market over the forecasted period.
Who Are The Key Players/Companies In The Global Medical Membrane Market?
3M Company, Asahi Kasei Medical Co. Ltd. (Asahi Kasei Corporation), Hangzhou Cobetter Filtration Equipment Co. Ltd., Koch Separation Solutions (Koch Engineered Solutions), Medtronic plc, Merck KGaA, Pall Corporation (Danaher Corporation), Sartorius AG, Thermo Fisher Scientific and W. L. Gore & Associates Inc.
Market Segmentation
Breakup by Technology:
- Microfiltration
- Ultrafiltration
- Nanofiltration
- Dialysis
- Gas Filtration
- Others
Breakup by Material:
- Acrylics
- Polypropylene (PP)
- Polyvinylidene Fluoride (PVDF)
- Polysulfone (PSU) and Polyether Sulfone (PESU)
- Polytetrafluoroethylene (PTFE)
- Others
Breakup by Application:
- Pharmaceutical Filtration
- IV Infusion and Sterile Filtration
- Bio-Artificial Processes
- Drug Delivery
- Hemodialysis
- Others
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Ask An Analyst: https://www.imarcgroup.com/request?type=report&id=5999&flag=C
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 |
Africa and Europe :- +44-702-409-7331 |
Asia: +91-120-433-0800, +91-120-433-0800
