Medical Membranes Market Size To Develop Strongly And Reach USD 6.84 Billion By 2032
The global medical membranes market is expected to reach USD 6.84 Billion by the end of 2032 from USD 3.42 Billion in 2023, with a CAGR of 8.00%, as per Zion Market Research.
Medical membranes are more and more employed in the pharmaceutical, healthcare, life sciences, and biotechnology industries. In the medical industry, the selection of membranes relies on different factors that comprise the degree of sterility needed, the chemical environments of the proposed application, biocompatibility, compatibility, and the level of hydrophobicity.
Sartorius, Pall Corporation, 3M, Asahi Kasei, and Merck Millipore are some major firms active in the medical membranes market. Other major players in medical membranes comprise GE Healthcare, W. L. Gore & Associates, and Koch Membrane Systems.
Development Of The Healthcare And Pharmaceutical Sectors To Power The Requirement For Medical Membranes
The development of the healthcare and pharmaceutical sectors, particularly in developing nations, is a primary factor expected to power the requirement for medical membranes. The rising requirement for high-purity goods is one more factor powering the development of the medical membranes market. Latin America and Asia Pacific offer several growth avenues for the development of the medical membranes market.
On the basis of material, the medical membranes market has been divided into modified acrylics, PVDF, PSU & PESU, PP, PTFE, and others. PSU & PESU and PVDF are the most usually utilized medical membranes for the division of media in life sciences, pharmaceutical, healthcare, and biotechnology sectors.
Pharmaceutical Filtration Segment Is Predicted To Top The Global Market In The Coming Years
Based on application, the global market has been divided into hemodialysis, pharmaceutical filtration, IV infusion & sterile filtration, drug delivery, and others. The pharmaceutical filtration segment is predicted to top the global market in the coming years. This development can be credited to the expansion of healthcare facilities and rise in the manufacturing of medicated drugs.
Ultrafiltration Process Tech Is Predicted To Top The Global Market In The Coming Years
On the basis of process technology, the global market has been divided into nanofiltration, microfiltration, ultrafiltration, and others. The ultrafiltration process tech is predicted to top the global market in the coming years. The rising employment of ultrafiltration process tech in pharmaceutical filtration will assist elevate the ultrafiltration market share in the global market.
On the basis of region, the global market has been divided into North America, Asia Pacific, the Rest of the World, and Europe. Europe is the top region for medical membranes. The development of the global market in Europe is powered by the increasing ESRD (End-Stage Renal Disease) patient pool, rising aging population, increasing cases of chronic diseases such as hypertension & diabetes, and rising accessibility of enhanced diagnosis hubs.
Medical Membranes Market: Competitive Analysis
The global medical membranes market is dominated by players like:
- Asahi Kasei
- Pall Corporation
- KOCH MEMBRANE SYSTEMS, INC.
- 3M
- GE HealthCare
- Merck Millipore
- Sartorius AG Microsites Start A Misson
- Careers at Hangzhou Cobetter Filtration Group Equipment
- MICRODYN-NADIR GMBH
- W. L. Gore & Associates
The global medical membranes market is segmented as follows:
By Material:
- PSU & PESU
- PVDF
- PTFE
- PP
- Modified Acrylics
- Others
By Process Technology:
- Ultrafiltration
- Microfiltration
- Nanofiltration
- Others
By Application:
- Pharmaceutical Filtration
- Hemodialysis
- Drug Delivery
- IV Infusion & Sterile Filtration
- Others
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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