Global Medical Membranes Market Overview
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. The global medical membranes market accounted for US$ 7.2 billion in 2019 and is estimated to be US$ 16.8 billion by 2029 and is anticipated to register a CAGR of 9.0%.
Impact of COVID-19 on the market
As the COVID-19 pandemic continues to unfold, medical device companies are finding it difficult to make informed decisions about their products, supply chains, and regulatory obligations in the midst of uncertainty. Medical device professionals have the unenviable task of asking for a pause amid the panic. With a strategy that leverages exemptions, production procedures that innovate to fill needs and a communication plan that works across public and private entities, you can navigate the chaos and support public health. The biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the medical membranes market.
Global Medical Membranes Market Dynamics
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 Segmentation
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 |
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The base year for estimation |
2019 |
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Forecast period |
2019 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2019– 2029 |
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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 |
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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 |
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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.
Global Medical Membranes Market, By Basis of Material:
- PSU & PESU
- PVDF
- PTFE
- PP
- Polyethylene
- Modified Acrylics
- Others
Global Medical Membranes Market, By Technology:
- Ultrafiltration
- Microfiltration
- Nanofiltration
- Reverse Osmosis
- Dialysis
- Gas Filtration
- Others
Global Medical Membranes Market, By Application:
- Pharmaceutical Filtration
- Hemodialysis
- Drug Delivery
- IV Infusion & Sterile Filtration
- Bio-Artificial Processes
- Others
Global Medical Membranes Market, By Region:
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-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Medical Membranes Market 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
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Asahi Kasei
- 3M
- Koch Membrane Systems
- Merck Millipore
- GE Healthcare
- Sartorius AG
- Hangzhou Cobetter Filtration Equipment
- Microdyn-Nadir
- W. L. Gore & Associates
“*” marked represents similar segmentation in other categories in the respective section
Global Medical Membranes Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Basis of Materials
- Key Thickness Insights
- Secondary Data
- Major Secondary Basis of Materials
- Secondary Basis of Materials
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Medical Membranes Strategies
- Key Questions this Study will Answer
- Market Snippet, By Basis of Material
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Medical Membranes Market, By Basis of Material, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- PSU & PESU
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- PVDF
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- PTFE
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- PP
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Polyethylene
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Modified Acrylics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Medical Membranes Market, By Technology, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Ultrafiltration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Microfiltration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Nanofiltration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Reverse Osmosis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Dialysis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Gas Filtration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Medical Membranes Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Pharmaceutical Filtration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Hemodialysis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Drug Delivery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- IV Infusion & Sterile Filtration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Bio-Artificial Processes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Medical Membranes Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Basis of Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Basis of Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Basis of Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Basis of Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Basis of Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Pall Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Asahi Kasei
- 3M
- Koch Membrane Systems
- Merck Millipore
- GE Healthcare
- Sartorius AG
- Hangzhou Cobetter Filtration Equipment
- Microdyn-Nadir
- W. L. Gore & Associates
- Pall Corporation
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- The Last Word
- Future Impact
- About Us
- Contact
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.