Global Medical Membrane Market
A medical membrane is a synthetically created membrane, which is usually used for separation purposes in the healthcare industry, as well as in laboratories. Medical membranes have been successfully used for large and small scale industrial processes. Increasing use of medical membrane in hemodialysis and pharmaceutical filtration are the major factors propelling the global medical membrane market growth. These membranes are widely used in various medical applications such as venting & gas filtration, pre-filtration, sterile filtration, infusion therapy, and sample preparation. Moreover, they provide a superior flow and a fast filtration rate in aqueous solutions to help filter out bacteria, fine particles, and fungi.
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The global medical membrane market has witnessed unmatched growth over the last few decades, due to a wide application range of medical membranes in several industries, including healthcare, biotechnology, pharmaceuticals, and a lot more. These membranes are commonly used across the healthcare industry to produce and maintain high-quality products. High selectivity and permeability are some of the advantages offered by these membranes. Therefore, hemodialysis is one of the most vital uses of semi-permeable medical membranes in the artificial treatment of blood.
Global Medical Membrane Market – Drivers & Restraints
Increasing prevalence of naïve infectious chronic diseases such as chronic kidney disease around the globe is the major factor propelling demand for medical membrane. According to the 2018 data compiled by National Kidney Foundation, around 10% of the worldwide population was affected by chronic kidney diseases. Moreover, increasing government initiatives in research and development, advancement in healthcare industry, biotechnology, and increasing adoption of medical membranes in several industries are key factors driving growth of the medical membrane market. For instance, according to a 2016, United States Government Accountability Office report, National Institute of Health funding for biomedical research on kidney disease was US$ 564 million in 2015.
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However, high capital investments in the development of medical membranes and surface fouling are foreseen to hinder the growth of the global medical membrane market.
Global Medical Membrane Market – Regional Insights
North America accounted for the largest market share in terms of revenue in the medical membrane market, owing to increasing awareness among the people, availability of better medical facilities, high adoption of the innovative products and increasing prevalence of chronic kidney disorder among the population. For instance, according to the National Institute of Diabetes and Digestive and Kidney Disease 2016 report, more than 661,000 Americans were suffering from kidney failure problems and out of these 468,000 individuals were on dialysis. Moreover, the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), aims to reduce the mortality and morbidity linked with the kidney disease by introduction of the initiative National Kidney Disease Education Program.
Asia Pacific is expected to witness substantial market growth in the foreseeable future, owing to high vulnerability among people in this region to various chronic and infectious diseases. Therefore, introduction of innovative techniques are expected to provide better solutions to the patient at the low costs. The medical membrane market is growing at significant rate in the Asia Pacific region, owing to the rising number of manufacturing facilities to cater to the increasing demand for medical membranes. For instance, Medtronic launched its new manufacturing facility in China in 2014, in which the company will be focusing most of its hemodialysis system products manufacturing.
Global Medical Membrane Market – Competitive Backdrop
The key players operating in the global medical membrane market include Nipro Corporation, Amniox, Pall Corporation, Sorin Group, Gore, Maquet Company, Merck Millipore, and numerous others. These market contenders are introducing new products and technologies in a bid to maintain a leading position in the global market. For instance, in 2014, Merck Millipore Launched Synthetic Membrane Model Strat-M for in vitro transdermal diffusion studies.
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Market Taxonomy
In terms of application:
- IV Infusion Filters & Sterile Filtration
- Drug Delivery
- Bio-artificial pancreas
- Hemodialysis
- Others
Based on technology:
- Microfiltration
- Reverse Osmosis
- Ultrafiltration
- Dialysis
- Gas Separation
- Others
Based on material type:
- Polytetrafluoroethylene (PTFE)
- Polyvinylidene fluoride (PVDF)
- Polyethylene (PE)
- Modified Acrylics
- Others
On the basis of geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Other Related Reports:
MEMBRANE BIOREACTOR (MBR) SYSTEMS MARKET ANALYSIS
MEMBRANE SEPARATION MARKET ANALYSIS
MEMBRANE CHEMICALS MARKET ANALYSIS
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