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Medical Membranes Market and its key opportunities and challenges

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Medical Membranes Market and its key opportunities and challenges

October 15
19:14 2019
Medical Membranes Market and its key opportunities and challenges

Browse 65 market data Tables and 31 Figures spread through 129 Pages and in-depth TOC on “Medical Membranes Market”
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

The Medical Membranes Market was valued at USD 1.95 Billion in 2016 and is projected to reach USD 3.31 Billion by 2022, at a CAGR of 9.2% from 2017 to 2022, as per a report by MarketsandMarkets. 

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Browse 65 market data Tables and 31 Figures spread through 129 Pages and in-depth TOC on “Medical Membranes Market

Why growing demand for medical membranes in emerging economies remain a good opportunity?

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. These factors are providing ample opportunities for medical membranes manufacturing and medical device manufacturing & assembling companies. Contract manufacturing for medical products is also on the rise in countries such as India and China.

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Why maintaining lifespan of membranes pose a major challenge?

The lifespan of a particular type of membrane used in a separation process for medical application is constrained and, therefore, needs replacement after a certain period of time. The medical membranes used in various procedures are prone to fouling, after which, they do not have the same operational excellence.

During the treatment of pharmaceutical water or during any filtration/purification process, some unwanted components such as iron, manganese, calcium, sulfate, and other ions form precipitate on the membrane surface. For example, if the RO feed contains a high concentration of material, it may foul the membrane and reduce the life expectancy of the membrane.

It is a challenge for the market players to produce membranes that last longer or does not foul easily.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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