Skip to main content

Seeing is Believing: The Growth of the Medical Membranes Market

The medical membranes are widely used in the healthcare, pharmaceutical, biotechnology, and life science industries. It is one of the important application areas as the choice of the membrane for this application depends on a number of factors. These factors include environments of the proposed application, degree of sterility required, chemical compatibility, biocompatibility, degree of hydrophobicity, device fabrication, and sterilization.

Medical membrane can be divided on the basis of their chemistry that are polytetrafluoroethylene (PTFE), polyvinylidene fluoride (PVDF), polyethylene (PE), modified acrylics, and others. PTFE is an inert material that has good flow properties with high chemical resistance. PVDF is also a durable material with good flow properties and broad chemical resistance. PE is a material with excellent flow properties and broad chemical resistance. Based on the filtration technology, medical membranes can be divided into the following, ultrafiltration, microfiltration, reverse osmosis &dialysis, nanofiltration, and others.

The demand of medical membranes is projected to register higher growth for the hemodialysis application. Other major applications include infusion filters & sterile filtration and drug delivery. Currently, 347 Million people globally have diabetes. The diabetic population is projected to grow to 440 Million by 2030. India has the major share of the diabetes population with over 51 Million people having diabetes, followed by China with more than 43 million diabetic people. These people require hemodialysis.

Companies such as Asahi Kasei Co. (Japan), Hyflux Ltd. (Singapore), Koch Membranes System (U.S.), Merck Millipore (Canada), Pall Corporation (U.S.), 3M Company (U.S.), and others are the dominant market players in the global medical membranes market.

The Medical Membranes Market is projected to be worth USD 7.4 Billion by 2020, registering a CAGR of 9.9% between 2015 and 2020.


Growth in biopharmaceuticals and new therapeutics markets is leading the growth of this market in North America and Europe
Membranes are used in the medical industry to meet the increased demand of high purity components. Membranes offer high selectivity and permeability, thus providing additional advantage. The drivers of the medical membranes market in North America and Europe are the rising cost of product development and manufacturing, pharmaceutical price control and competition with generics, more severe clinical trial hurdles, and more stringent environmental regulations.

Germany is the largest market for medical membranes in Europe that is projected to register significant growth between 2015 and 2020. The U.S. is the largest market for medical membranes in North America and it is projected to witness a high growth between 2015 and 2020.

Increasing incidents of diabetes and end-stage renal disease (ESRD) in developing regions such as Asia-Pacific and RoW

The incidents of diabetes and end-stage renal disease (ESRD) are increasing due to the rise in the aging population and the increase in the number of obese people. With this rise, the healthcare, pharmaceutical, and biotechnology industries are also witnessing significant growth in countries such as India and China. India has the world’s largest number of diabetic population and China has the world’s second-largest number of diabetic population. The medical membranes market is projected to register high growth in the Middle East & Africa and Latin America in the next five years due to increased rates of diabetes and advancement of the healthcare market.


Labels:

Comments

Post a Comment

Popular posts from this blog

Growing Demand's of Adhesives in the Medical Device Industry - Medical Adhesives Market

Adhesives used for medical applications is one of the exciting segments in the specialty chemicals industry. Adhesives are critical components in the design and manufacture of the majority of medical devices. As medical devices become smaller and more complex, greater demands are being made on the materials and components used in them. As the adhesives industry used responds to the challenges of this market, new advances are widening the performance envelope for medical adhesives. Variations in polymer compositions, coupled with compounding differences, are allowing properties to be tailored to meet specific application requirements, including biostability, sterilization effects, and mechanical properties. Perhaps even more exiting are estimates that only about one-half of the applications that could be served by adhesives are actually using adhesives in assembly, leaving significant growth opportunity. By all measures, growth potential is very attractive and this market segment gene...
Post a Comment
Read more

Royal DSM (Netherlands), Hydromer Inc. (U.S.), Surmodics Inc. (U.S.), AST Products Inc. (U.S.), and Covalon Technologies Ltd. (Canada), Abbott Laboratories (U.S.), Precision Coatings Inc. (U.S.) - A Trusted Medical Coating Partner

The increasing concern about healthcare acquired infections, minimally invasive surgery and rising awareness about health-care and government initiatives to improve the quality of healthcare infrastructure especially in the emerging countries. ''The global Medical Coatings Market is projected to reach USD 15.15 Billion by 2021 at CAGR of 7.04% from 2016 to 2021. This high growth is fueled by increasing awareness about healthcare facilities and healthcare acquired infections globally." Link to Download PDF Brochure for More Details Medical Devices: Major application of the medical coatings market Medical devices broadly include orthopedic devices, cardiovascular devices, optical devices, endoscopic devices, radiological devices, and others. Several new coating technologies are being developed for application to these devices, to reduce the friction between the device and the tissue, and provide good surface coverage, wetting, uniform adhesion, wear-resis...
Post a Comment
Read more