Fact.MR’s medical membranes industry analysis shows that the global market was valued at US$ 2 Bn in 2020, and is projected to top a valuation of US$ 3 Bn by 2031, expanding at a CAGR of 7%. Sales of for ultrafiltration membranes are projected to reach a valuation of US$ 1 Bn by 2031, surging at a CAGR of 7% over the next ten years, with that for microfiltration membranes increasing at 6%.
Detailed Insights Offered in Medical Membranes Industry Survey:
- Market Estimates and Forecasts (2016-2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise and Region-wise Analysis
- Competition Mapping and Benchmarking
- Market Share Analysis
- COVID-19 Impact on Demand for Medical Membranes and How to Navigate
- Recommendation on Key Winning Strategies
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Sales Analysis of Medical Membranes from 2016 to 2020 Vs Demand Outlook for 2021 to 2031
As per Fact.MR - a market research and competitive intelligence provider, the global market for medical membranes was valued at US$ 1.3 Bn in 2016 and is anticipated to expand at a CAGR of 7% to top US$ 3 Bn by 2031.
Medical membrane technology is of major importance in medical applications, in particular in a number of lifesaving treatment methods. Its major medical applications include drug delivery, tissue regeneration, artificial organs, and diagnostic devices such as medical device coatings and bio-separations.
Some of the other applications of membrane technologies, such as separation, and purification are highly in demand in the pharmaceutical industry. Medical membranes have high precision for separation and assist in the processing of products of high purity.
In addition, they provide comparatively greater selectivity toward the critical components and thus help to improve wastewater treatment.
Owing to increase in their application across various end-use industries such as biotechnology, pharmaceutical, and healthcare, the global market for medical membrane has witnessed unprecedented growth in recent years.
What are the Key Opportunities Awaiting Manufacturers of Medical Membranes?
Rise in prevalence of diseases globally, developments in biotechnology, life science, and healthcare industries, surge in demand for high-purity products, and increase in medical membrane consumption in the medical industry are some of the key driving forces of the global industry for medical membranes.
In addition, in the last few years, there have been growing cases of end-stage renal disease and diabetes due to upsurge in geriatric population and increase in the number of obese people worldwide.
The pharmaceutical, healthcare, and biotechnology industries are experiencing tremendous growth in developing countries as the ageing population rises. Furthermore, development of the healthcare industry in emerging economies is expected to provide lucrative opportunities for business growth during the forecast period.
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What are the Restraints being Faced by Suppliers of Medical Membranes?
Medical membranes, though made of medical grade polymers, have to undergo in-process validation for certification. This process takes 3-6 months. After the membrane or membrane component has been validated and certified, the device that uses the membrane also needs to be certified.
Despite high demand for medical products and devices, manufacturers are facing several regulatory barriers due to multi-layered regulations set by the FDA.
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.
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. Damaging the properties of the membrane.
Hence, the long validation process along with high maintenance costs of medical membranes are acting as restraining factors for the growth of market.
Which Region Offers Lucrative Opportunity for Medical Membrane Providers?
Europe accounts for around 35% of the global market share for medical membranes.
Europe a leader in pharmaceutical manufacturing and dialyzer demand. Growth is fuelled by the increasing ESRD (end-stage renal failure) patient pool, rising availability of better diagnosis facilities, and high incidence and prevalence of chronic diseases such as diabetes and hypertension.
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How is Demand for Medical Membranes Shaping Up across Developing and Developed Economies?
- The medical membranes market in the U.S. is estimated to reach a valuation of US$ 735 Mn in the year 2021.
- China, the world’s second largest economy, is forecast to reach an estimated market size of US$ 350 Mn in the year 2031, trailing a CAGR of 9% through the analysis period.
- Among the other noteworthy geographic markets are Japan and Canada, each forecast to expand at CAGRs of 4% and 6%, respectively, over the next ten years.
- Within Europe, the market in Germany is forecast to expand at approximately 7% CAGR, while the Rest of European market will reach US$ 386 Mn by the end of 2031.
These markets are benefiting from the rise in need for high purity products for meeting the needs of biotechnological advancements, increase in disease prevalence, and growth of the healthcare and life science industry.
Other emerging applications include the venting and gas filtration, sample preparation and infusion therapy, pre-filtration, and sterile filtration among others. In addition, medical membranes are finding extensive application across the haemodialysis and pharmaceutical filtration process.
Growth in number of patients who are suffering from end-stage renal disease (ESRD) needing dialysis is pushing up demand for membranes for blood purification and filtration. As a result, there is an increased demand for products with high purity due to the expansion of healthcare and pharmaceutical industries, while contributing growth of the medical membranes market globally.
Why Has Demand for Polysulfone and Polyether Sulfone Membranes Increased Over the Past Years?
Polysulfone (PSU) & polyether sulfone (PESU) membranes have emerged as the largest segment in the global market for medical membranes.
Widespread use of this form of material to remove particulates during general filtration and its low protein and drug binding characteristics make it ideal for various end-user sectors such as the biotechnology, pharmaceutical, life sciences, and healthcare industries.
This is the main reason for why polysulfone and polyether sulfone membranes are contributing to revenue generated in the global market.
Which Technology Dominates the Industry for Medical Membranes?
Demand for nanofiltration medical membranes is expected to reach a valuation of US$ 730 Mn by 2031.
Nanofiltration technology dominates the global market for medical membranes. This is attributed to the fact that, with increase in flow rates, nanofiltration is achieved at reduced operating pressures.
Applicability of nanofiltration in areas such as pharmaceuticals and fine chemicals has been extended by research & development of solvent-stable membranes, thus driving the growth of nanofiltration technology.
Which Application of Medical Membranes is the Highest in Terms of Revenue?
Pharmaceutical filtration has garnered the largest share of around 30%, in terms of revenue.
High rate of occurrence of renal diseases, advances in medical technology, development of pharmaceutical & healthcare industries, and rise in demand for high-purity materials & medicines are driving the growth of the pharmaceutical filtration segment in the global market.
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Key players are adopting several organic and inorganic growth strategies to strengthen their foothold in the market. Many companies expanded their production facilities and acquired other businesses to strengthen their position in the global market.
Some of the key developments are:
- In 2017, 3M Company (US) made an investment of US$ 40 Mn to expand its dialysis membrane production facility. This expansion will help company to increase its customer base and strengthen its foothold in the market.
- In August 2017, Merck Millipore (US) acquired Natrix Separation (Canada), which is hydrogel membrane provider. This acquisition will help Merck Millipore (US) in increasing its product portfolio, customer base, and strengthen its foothold in North America.
- In December 2017, Asahi Kasei Medical announced the construction of a new plant for the spinning of cellulose hollow fiber membranes for its virus removal filters called Planova.
In September 2016, Sartorius launched a PES membrane, which is integrated into the sterile Sartocon benchtop and production scale filtration assemblies.
Medical Membranes Market Report Scope
Historical Data Available for
US$ Mn for Value & ‘000 Units for Volume
Key Regions Covered
Key Countries Covered
Key Market Segments Covered
Key Companies Profiled
Available upon Request
Key Market Segments Covered in Medical Membranes Industry Research
- Polysulfone PSU & Polyethersulfone PESU
- Hydrophilic polyvinylidene fluoride PVDF
- Polytetrafluoroethylene PTFE
- Polypropylene PP
- Modified Acrylics
By Process Technology
- Reverse Osmosis
- Gas Filtration
- Medical Membranes Used in Pharmaceutical Filtration
- Medical Membranes Used in Haemodialysis
- Medical Membranes Used in Drug Delivery
- Medical Membranes Used in IV Infusion & Sterile Filtration
- Medical Membranes Used in Bio-artificial Processes
Medical Membranes Market- Scope of Report
A recent study by Fact.MR on the medical membranes market offers a 10-year forecast for 2021 to 2031. The study analyses crucial trends that are currently determining the growth of the market.
This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering medical membranes.
The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, cost structure analysis, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies manufacturing medical membranes, along with their product portfolios, key strategies, and SWOT Analysis, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including revenue growth, and revenue generation across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the revenue of medical membranes market during the forecast period.
Key Questions Answered in Report
- Which are the most lucrative markets for medical membranes?
- Which factors will impact the growth of medical membranes market?
- How will changing trends impact the strategies of market players?
- How can market players capture the low-hanging opportunities across regions?
- Which companies are leading the medical membranes industry?
- What are the winning strategies of stakeholders in the market?
Market Size Evaluation
The market has been analysed for each market segment in terms of volume (`000units), and value (US$ Mn).
Market estimates at global and regional levels for medical membranes are available in terms of “US$ Mn” for value and in ‘’’000 units for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report.
Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the revenue perspective in the global medical membranes market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.
Country-specific valuation on revenue for medical membranes have been offered for each regional market, along with market scope estimates and forecasts, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for key countries has also been included in the report.
The report sheds light on leading manufacturers of medical membranes, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering medical membranes have been brought with the help of a detailed dashboard view.
Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player.
Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the medical membranes market.
- FAQs -
The global medical membranes market topped US$ 2 Bn in 2020, and is projected to reach a valuation of over US$ 3 Bn by 2031.
Increasing use of medical membranes owing to growing need for high-purity selective separation in various end-use applications is a major factor driving demand.
Hangzhou Cobetter Filtration Equipment, Koch Membrane Systems, Merck Group, Mann+Hummel, Sartorius AG, W. L. Gore & Associates, and 3M Company are major companies providing medical membranes.
Europe accounts for 35% of the global revenue share for medical membranes.
Pharmaceutical filtration application is projected to catalyze demand for medical membranes over the coming ten years.
Increase in incidence of diabetes and kidney disease worldwide is fuelling demand for medical membranes in haemodialysis applications.
Demand for medical membranes in the U.S. is estimated to top US$ 735 Mn in 2021.
Demand for nanofiltration membranes is expected to top US$ 730 Mn by 2031-end.
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