Dublin, June 13, 2018 (GLOBE NEWSWIRE) -- The "Medical Membranes Market by Material (PTFE, PVDF, PP, PSU & PESU), Process Technology (UF, MF, NF), Application (Pharmaceutical Filtration, Hemodialysis, Drug Delivery, IV Infusion & Sterile Filtration), and Region-Global forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The medical membranes market is projected to grow from USD 2.13 billion in 2017 to USD 3.31 billion by 2022, at a CAGR of 9.2%
The demand for medical membranes is expected to increase in the near future, owing to the rising prevalence of ESRD, globally. Membranes are required for filtration and blood purification, primarily during the dialysis procedure. Thus, increase in the number of ESRD patients is projected to drive the growth of the medical membranes market. However, long validation process for medical membranes is acting as a restraint to the growth of the market. Based on application, the IV infusion & sterile filtration segment of the medical membranes market is projected to grow at the highest CAGR during the forecast period. The rising demand for improved medical facilities is driving the growth of the medical membranes market for IV infusion & sterile filtration application. Increasing focus on high purity filtration and rising clinical & biopharmaceutical activities are additional factors expected to propel the demand for medical membranes in IV infusion & sterile filtration application. The medical membranes market in APAC is projected to grow at the highest CAGR between 2017 and 2022. The demand for high purity products, technological advancements in the membrane industry, and expansion of the pharmaceutical industry in emerging countries, such as India and China, are key factors projected to drive the demand for medical membranes in APAC.
China and India are expected to be the key markets for medical membranes in APAC between 2017 and 2022. With the increase in expansion activities undertaken by key players in APAC, the demand for medical membranes in this region is projected to increase in the near future.
Key companies profiled in this market research report include Pall Corporation (US), Merck Millipore (US), 3M (US), Sartorius (Germany), Koch Membrane Systems (US), Asahi Kasei (Japan), and W. L. Gore & Associates (US).
Key Topics Covered:
1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Medical Membranes Market Overview, 2017 vs. 2022 4.2 APAC Medical Membranes Market, By Application and Country (2016) 4.3 Medical Membranes Market, By Application 4.4 Medical Membranes Market, By Material 4.5 Medical Membranes Market, By Process Technology 4.6 Medical Membranes Market, By Region 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Demand for Artificial Organs 5.2.1.2 Requirement for High-Purity Selective Separation 5.2.1.3 Increasing Number of Esrd Patients 5.2.1.4 Preference for Dialysis Procedures Over Renal Transplants 5.2.1.5 Growing Healthcare and Pharmaceutical Industry 5.2.2 Restraints 5.2.2.1 Long In-Process Validation Process 5.2.3 Opportunities 5.2.3.1 Growing Demand for Medical Membranes in Emerging Economies 5.2.4 Challenges 5.2.4.1 Lifespan of Membranes 5.2.4.2 Manufacturing Quality Products at Affordable Price 5.3 Value-Chain Analysis 5.3.1 Raw Material Suppliers 5.3.2 Membrane Manufacturers/Formulators 5.3.3 End Users 5.4 Porter's Five Forces Analysis 5.4.1 Threat of New Entrants 5.4.2 Threat of Substitutes 5.4.3 Bargaining Power of Buyers 5.4.4 Bargaining Power of Suppliers 5.4.5 Intensity of Competitive Rivalry 6 Medical Membranes Market, By Material 6.1 Introduction 6.2 Polysulfone (PSU) & Polyether Sulfone (PESU) 6.3 Polyvinylidene Fluoride (PVDF) 6.3.1 Hydrophobic PVDF Membrane 6.3.2 Hydrophilic PVDF Membrane 6.4 Polytetrafluoroethylene (PTFE) 6.5 Polypropylene (PP) 6.6 Modified Acrylics 6.7 Others 7 Medical Membranes Market, By Process Technology 7.1 Introduction 7.2 Ultrafiltration (UF) 7.3 Microfiltration (MF) 7.4 Nanofiltration (NF) 7.5 Others 8 Medical Membranes Market, By Application 8.1 Introduction 8.2 Pharmaceutical Filtration 8.3 Hemodialysis 8.4 Drug Delivery 8.5 Iv Infusion & Sterile Filtration 8.6 Others 9 Medical Membranes Market, By Region 10 Competitive Landscape 10.1 Overview 10.2 Competitive Scenario 10.2.1 Expansions 10.2.2 Acquisitions 10.2.3 New Product Launches 10.2.4 Agreements 11 Company Profiles 11.1 Asahi Kasei Corporation 11.2 the 3M Company 11.3 Sartorius Ag 11.4 Merck Millipore (Emd Millipore) 11.5 Pall Corporation 11.6 Ge Healthcare 11.7 Hangzhou Cobetter Filtration Equipment 11.8 Koch Membrane Systems 11.9 Microdyn-Nadir GmbH 11.10 W. L. Gore & Associates, Inc.
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