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Medical Membranes Market by material, Process Technology, Application And Region-Global forecast to 2022

Medical Membranes Market: forecast until 2022

  • June 2018
  • 130 pages
  • ID: 3599066
In this report:
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Summary

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The medical membranes market is expected to increase at Compound annual growth rate of 9.20 percent between 2017 and 2022.

The medical membranes market is forecasted to grow from ~$2.1B in 2017 to ~$3.3B by 2022, at a compound annual growth rate of 9.20 percent during the forecast period. The market demand for medical membranes is anticipated to growth in the very close future, due to the growing prevalence of ESRD, globally. Membranes are required for filtration and blood purification, primarily during the dialysis procedure. Therefore, rise in the number of ESRD patients is expected to drive the increase of the medical membranes market. Nevertheless, long validation process for medical membranes is acting as a restraint to the rise of the market.

The IV infusion & sterile filtration segment is the quickest-rising application segment of the medical membranes market.

Established on application, the IV infusion & sterile filtration segment of the medical membranes market is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period.The increasing demand for improved medical facilities is driving the increase of the medical membranes market for IV infusion & sterile filtration application.

Growing focus on high purity filtration and increasing clinical & biopharmaceutical activities are additional factors anticipated to propel the industry demand for medical membranes in IV infusion & sterile filtration application.

Asia-Pacific is the quickest developing market for medical membranes.

The medical membranes market in Asia-Pac is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022.The sector demand for high purity products, technological improvements in the membrane market, and expansion of the pharmaceutical sector in emerging countries, including India and China (CN), are main factors expected to drive the market demand for medical membranes in Asia-Pacific.

China (CN) and India (IN) are anticipated to be the top sectors for medical membranes in Asia-Pac between 2017 and 2022. With the growth in expansion activities undertaken by key competitors in Asia-Pacific, the industry demand for medical membranes in this area is estimated to rise in the upcoming future.

This analysis has been approved through primaries managed with different market experts, globally.

• By Company category - Tier 1 - 56.0 percent, Tier 2 - 31.0 percent, and Tier 3 - 13.0 percent

• By Description - D-level - 44.0 percent, C-suite - 25.0 percent, and Others - 31.0 percent

• By Area - North America (NA) - 37.0 percent, EU - 19.0 percent, Asia Pacific (APAC) - 31.0 percent, and rest of the world - 13.0 percent

Key firms decribed in this research report contain Pall Corporation, Merck Millipore (Merck's subsidiary), 3M Co (NYSE:MMM), Sartorius, Koch Membrane Systems, Asahi Kasei, and W.L.

Gore & Associates.

Segment Research

This business report includes the medical membranes market, in terms of value importance, and forecasts the market value until 2022.The market research includes the market segmentation established on material (PSU & PESU, PVDF, PTFE, PP, modified acrylics, and others), application (pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, and others), process technology (ultrafiltration, microfiltration, nanofiltration and others), and area (Asia-Pac, Europe (EU), North America continent, and the Rest of the globe).

Key countries covered under these areas contain the USA, Canada (CA), Mexico (MX), Germany (DE), the UK, France (FR), Spain (ES), Italy (IT), China (CN), Japan (JP), India (IN), South Korea (KR), Saudi Arabia (SA), South Africa (ZA), and Brazil (BR). The industry report also offers company descriptions and competitive landscape approved by top players in the medical membranes market.

Why acquiring this study can help you

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the medical membranes market comprehensively and offers the closest approximations of revenue for the global market and its sub-segments across several verticals and localities.

2. The market research benefits partners comprehend the pulse of the sector and offers info on main market drivers, market restraints, and alternatives.

3. This industry report will facilitate partners better comprehend players and obtain additional insights concerning their business. The competitive outlook section includes competitor landscape, new industry product developments, alliances, mergers, and acquisitions.

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