Tuesday, 19 February 2019

Analysis Report of Medical Membrane Market 2018-2026: Pall Corporation, Merck KGaA, 3M, General Electric Company, Asahi Kasei Corporation, Sartorius, W. L. Gore & Associates

Researchmoz added Most up-to-date research on "Medical Membrane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" to its huge collection of research reports.

Medical membranes are used in drug delivery, bio-separation, and tissue regeneration as well as in diagnostic devices and artificial organs. They are also used as coatings for medical devices. The medical industry employs membranes in drug delivery, hemodialysis, and tissue engineering as well as in artificial organs such as oxygenators and artificial pancreas. The membrane technology is pivotal in medical applications in case of lifesaving treatment methods.

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Based on material, the global medical membrane market has been segmented into polysulfone & polyether sulfone, polyvinylidene fluoride (hydrophobic polyvinylidene fluoride, hydrophilic polyvinylidene fluoride), polytetrafluoroethylene, polypropylene, modified acrylics, and others. Polyvinylidene fluoride (PVDF) is the most commonly used material of medical membranes. It is useful in the separation of mediums in pharmaceutical, life sciences, biotechnology, and health care industries. PVDF membranes have properties such as high hydrophobicity, thermal stability, chemical resistance, and excellent mechanical strength. Key applications of PVDF membranes include sterilizing filtration, filtration of protein-containing solutions, mycoplasma reduction, filtration of gases, and venting.
In terms of filtration type, the global medical membrane market has been segmented into ultrafiltration, microfiltration, nanofiltration, and others.The ultrafiltration segment is projected to dominate the medical membrane market during the forecast period, owing to increasing use of the ultrafiltration process technology in pharmaceutical filtration.

Nanofiltration is expected to be the rapidly expanding segment of the market between 2018 and 2026. This can be attributed to the fact that nanofiltration is performed at reduced operating pressures with increased flow rates. Research and development of solvent-stable membranes has expanded the applicability of nanofiltration in new areas including pharmaceuticals and fine chemicals, thereby driving the nanofiltration segment. Nanofiltration is a relatively new membrane filtration process technology employed for softening and removal of divalent ions, organics, color, bacteria, and viruses.

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Based on region, the global medical membrane market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the global market, due to growth of pharmaceutical and health care industries in the region. In the U.S., health care spending accounts for 17% of the country’s gross domestic product (GDP).

The medical membrane market in Asia Pacific is anticipated to witness rapid growth during the forecast period. Significant growth of the market in countries such as India and China is expected to boost the market in Asia Pacific between 2018 and 2026. Rising prevalence of diabetes, growing demographics, and expanding medical care industry are expected to drive the medical membrane market in these countries from 2018 to 2026. In China, where most people in the country are insured, health care spending is rising at a rate of 16% per year.

The report analyzes and forecasts the medical membrane market at the global and regional levels. The market has been projected in terms of revenue (US$ Mn) for the period from 2018 to 2026. The study includes drivers and restraints of the global medical membrane market. It also covers the expected impact of these drivers and restraints on the demand for medical membranes during the forecast period. The report also highlights growth opportunities for the medical membrane market at the global and regional levels.

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The study includes profiles of major companies operating in the global medical membrane market. Key players profiled in the report are Pall Corporation, Merck KGaA, 3M, General Electric Company, Asahi Kasei Corporation, Sartorius, Cobetter Filtration Equipment Co., Ltd, and W. L. Gore & Associates, Inc. Market players have been profiled in terms of company overview, business strategies, and recent developments.

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