Medical Membranes Market, By Basis Of Material (PSU & PESU, PVDF, PTFE, PP, Polyethylene, Modified Acrylics, and Others), By Technology (Ultrafiltration, Microfiltration, Nanofiltration, Reverse Osmosis, Dialysis, Gas Filtration, and Others), By Application (Pharmaceutical Filtration, Hemodialysis, Drug Delivery, IV Infusion & Sterile Filtration, Bio-Artificial Processes, and Others), and By Region - Trends, Analysis, and Forecast Till 2029

Report Code: PMI446520 | Publish Date: February 2021 | No. of Pages: 156

Global Medical Membranes Market Overview

Medical Membranes Market Accounted For USD 7.2 Billion In 2019 And Is Estimated To Be USD 16.8 Billion By 2029 And Is Anticipated To Register A Cagr Of 9.0%.

Medical membranes are devices that are used extensively in medical treatments. They are basically made from organic and inorganic polymers. They also offer high selectivity and permeability in medical applications. Membrane technology is of major importance in medical applications, in particular in a number of lifesaving treatment methods. Membranes are used in various medical applications such as drug delivery, artificial organs, tissue regeneration, diagnostic devices, as coatings for medical devices, bio-separations, etc.  Hemodialysis is an effective and advanced application of medical membrane in which toxins are removed from blood to purify it.  Moreover, medical membranes also find its application in diagnostic assays, biosensors, bio-artificial pancreas, bio-artificial liver etc. which in turn has led to the increase in demand for this market.

Global Medical Membranes Market Drivers & Restraints

The number of patient demanding organ transplant is continuously increasing compared to the number of donors donating organs. The demand and supply gap of organ transplant is increasing rapidly. According to US Department of organ donation and transplantation, more than 116,000 patients are on the waiting list as of August 2017, out of which approximately 30% are actually getting transplant performed. Though about 95% of US adults support organ donation, only 54% actually donates. According to the Centers for Disease Control and Prevention, in 2016, one in 10 American, that is more than 26 million people in the US have some level of chronic kidney disease. More than 2 million people are being kept alive by renal replacement therapy worldwide. The US, Japan, Germany, Brazil, and Italy are the major countries with high demand for renal replacement therapy. Among these two million people, approximately 1.5 million people undergo dialysis. The yearly growth rate for dialysis patients is more than 7-8%. This growth fuels the demand for medical membranes. The demand for other artificial organs such as pancreases and liver is also increasing

Growing demand for medical membranes in emerging economies

The need for ultra-pure water for pharmaceutical manufacturing and hemodialysis is driving the demand for medical membranes in emerging regions. Emerging markets such as China, India, Brazil, and other developing countries present significant opportunities for players involved in pharmaceutical production and in the dialysis treatment sector. The demand for dialysis products and services in these countries is increasing due to rising incidence of ESRD. The demand is also supported by growth in aging population, rising incidence of diabetes, hypertension, and increasing awareness about kidney disorders. Contract manufacturing for medical products is also on the rise in countries such as India and China.

Conversely, long in process validation process and lifespan of membrane are anticipated to hamper the growth of the global medical membranes market during the forecast period.

Global Medical Membranes Market Segmentations & Regional Insights

The global medical membranes market is segmented based on the basis of material, technology, application, and region.

On the basis of the material type, the global medical membranes market is segmented into PSU & PESU, PVDF, PTFE, PP, polyethylene, modified acrylics, and others. Based on technology, the global market is classified into ultrafiltration, microfiltration, nanofiltration, reverse osmosis, dialysis, gas filtration, and others. On the basis of application, the target market is categorized into pharmaceutical filtration, hemodialysis, drug delivery, IV infusion & sterile filtration, bio-artificial processes, others.

Regional Insights:

In the region, the global medical membranes market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate the global medical membrane market, owing to the advanced healthcare infrastructure and growing requirement for membrane equipment. Furthermore, technological developments related to medical membrane equipment has also fueled the development of the medical membranes market in the North America region. The U.S. is likely to be the leading country for medical membrane devices in North America, which is likely to be followed by Canada. In the European region, countries like France, Germany, and UK are projected to hold substantial shares of the medical membranes market. Europe is among the leader in the pharmaceutical manufacturing and dialyzers demand. Its growth is fueled by the growing ESRD patient pool, increasing availability of better diagnosis facilities, and high incidence and prevalence of chronic diseases such as diabetes and hypertension. The Asia Pacific medical membranes market is anticipated to witness good growth in the upcoming years. This is due to the growing requirement for medical membrane equipment in this region. Furthermore, many medical equipment producing companies are foraying mainly into Asia Pacific countries with their manufacturing facilities, as that are supported by less strict policies and low labor costs in the region. Changing demographics and the presence of developing economies, such as China and India, are likely to fuel the development of the global medical membrane devices market in the Asia Pacific region. Moreover, China, India, and Japan are anticipated to be the major contributors to the medical membrane market in the Asia Pacific region. The Asia Pacific region is expected to witness the fastest CAGR of 8.5% during the forecast period, which occupied the third-largest market share of 23.0% in 2018.

Report Scope:

Attribute

Details

The base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019– 2029

Market Segmentation

By Basis of Material- PSU & PESU, PVDF, PTFE, PP, Polyethylene, Modified Acrylics, and Others

By Technology- Ultrafiltration, Microfiltration, Nanofiltration, Reverse Osmosis, Dialysis, Gas Filtration, and Others

By Application- Pharmaceutical Filtration, Hemodialysis, Drug Delivery, IV Infusion & Sterile Filtration, Bio-Artificial Processes, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global medical membranes market report based on basis of material, technology, application, and region.

Medical Membranes Market, By Basis of Material:

  • PSU & PESU
  • PVDF
  • PTFE
  • PP
  • Polyethylene
  • Modified Acrylics
  • Others

Medical Membranes Market, By Technology:

  • Ultrafiltration
  • Microfiltration
  • Nanofiltration
  • Reverse Osmosis
  • Dialysis
  • Gas Filtration
  • Others

Medical Membranes Market, By Application:

  • Pharmaceutical Filtration
  • Hemodialysis
  • Drug Delivery
  • IV Infusion & Sterile Filtration
  • Bio-Artificial Processes
  • Others

Medical Membranes Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
    • U.S.
    • Canada

Global Medical Membranes Market Competitive Landscape & Key Players

The key players operating in the global medical membranes market include Pall Corporation, Asahi Kasei, 3M, Koch Membrane Systems, Merck Millipore, GE Healthcare, Sartorius AG, Hangzhou Cobetter Filtration Equipment, Microdyn-Nadir, and W. L. Gore & Associates. The leading players in the medical membrane market have also focused on partnership and acquisition as their key strategies to gain significant share in the global market. Investment in R&D is one of the planned measures to beat the competition. For instance, in February 2020 Pall Corporation announced the strategic partnership with the association for professionals in infection control and epidemiology.

Global Medical Membranes Market Company Profile

  • Pall Corporation
  • Asahi Kasei
  • 3M
  • Koch Membrane Systems
  • Merck Millipore
  • GE Healthcare
  • Sartorius AG
  • Hangzhou Cobetter Filtration Equipment
  • Microdyn-Nadir
  • W. L. Gore & Associates

FAQs

The global medical membranes market is segmented based on basis of material, technology, application, and region.

Advancements made in biotechnology, increasing prevalence of diseases globally, growing life science and healthcare industry, increasing use of medical membrane in medical sector, and rising demand for high purity products are some of the major factors that are expected to propel the medical membrane market on a global scale in the forecast time period.

North America is the largest market in global medical membrane market in terms of market revenue followed by Western Europe and Asia pacific region. U.S. and Germany are the prominent markets for medical membrane in North America and Western Europe region respectively.

The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition.