Medical Membranes Market by Material, Process Technology, Application and Region - Global forecast to 2022 - ResearchAndMarkets.com
Jun. 13, 2018
DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--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 5 Market Overview 6 Medical Membranes Market, By Material 7 Medical Membranes Market, By Process Technology 8 Medical Membranes Market, By Application 9 Medical Membranes Market, By Region 10 Competitive Landscape 11 Company ProfilesAsahi Kasei Corporation GE Healthcare Hangzhou Cobetter Filtration Equipment Koch Membrane Systems Merck Millipore (Emd Millipore) Microdyn-Nadir GmbH Pall Corporation Sartorius AG the 3M Company W. L. Gore & Associates, Inc.
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Related Topics:Medical Devices,Chemical Engineering
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES MANUFACTURING CHEMICALS/PLASTICS ENGINEERING
SOURCE: Research and Markets
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PUB: 06/13/2018 08:18 AM/DISC: 06/13/2018 08:18 AM