Impact of Covid-19 on Medical Membranes Market 2020 – Revenue Status & Forecast Report 2026 | Sartorius Ag, Asahi Kasei Corporation, 3M Compan

The Global medical membranes market is forecast to reach USD 4.25 Billion by 2026, according to a new report by Reports and Data. The primary use of medical membranes is in separation techniques, in which, it is used for separation, concentration, and purification purposes. Elementary factors like the rising popularity of Dialysis Procedures over Renal transplants, expansion of healthcare and pharmaceutical industry and the increase in the demand for High-Purity Selective Separation are propelling the expansion of the market.

In regards to region, the Asia Pacific region is expected to witness the fastest CAGR of 8.5% during the forecast period, which occupied the third-largest market share of 23.0% in 2018. Factors like the increasing number of chronic diseases, rise in foreign direct investment in the healthcare sector, increase in the number of dialysis center and elevated disposable income are some of the contributing factors spurring the expansion of the market in this region.

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The Medical Membranes industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades. Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the sector. This report has evaluated all the above mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.

Companies considered and profiled in this market study:

Sartorius Ag, Asahi Kasei Corporation, 3M Company, Pall Corporation, Merck Millipore (Emd Millipore), Hangzhou Cobetter Filtration Equipment, Ge Healthcare, Microdyn-Nadir GmbH, Koch Membrane Systems and W. L. Gore & Associates, Inc.

The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field.  It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.

For the purpose of this report, Reports and Data have segmented the medical membranes market according to Material, Scope, Process Technology, Application, and Region:

Material Type Outlook (Revenue, USD Billion; 2016-2026)

Polyvinylidene Fluoride (PVDF)
Polysulfone (PSU) & Polyether Sulfone (PESU)
Polypropylene (PP)
Polytetrafluoroethylene (PTFE)
Modified Acrylics
Others

Scope Type Outlook (Revenue, USD Billion; 2016-2026)

Diagnostic use
Therapeutic use

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Process Technology Type Outlook (Revenue, USD Billion; 2016-2026)

Microfiltration (MF)
Ultrafiltration (UF)
Nanofiltration (NF)
Others

Application Type Outlook (Revenue, USD Billion; 2016-2026)

Diagnostic use
Therapeutic use
Hemodialysis
Pharmaceutical Filtration
Iv Infusion & Sterile Filtration
Drug Delivery
Others

Regional Outlook (Revenue in USD Million; 2020–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

-The medical membranes market held a market share of USD 2.35 Billion in the year 2018 with a growth rate of 7.4% during the forecast period.

-In context of Material, the Polysulfone (PSU) & Polyether Sulfone (PESU) segment generated the highest revenue of USD 0.68 Billion in 2018 with a growth rate of 7.6% during the forecast period. The extensive use of this type of material in the functioning of different end-user industries like pharmaceutical, biotechnology, life sciences, and healthcare sectors contribute to the revenue generated by this segment.

-In regards to Scope, the Therapeutic use segment yielded a higher revenue of USD 1.57 Billion in 2018 with a growth rate of 6.3% during the forecast period. The rise in the occurrence rate of chronic diseases like cardiovascular, renal diseases and increased awareness among healthcare providers about its applicability in disease management contributes to the segment's generated revenue. 

-In context to Process Technology, the Nanofiltration (NF) segment is projected to witness the -fastest growth rate of 8.9% during the forecast period, which is expected to occupy 19.0% of the market by 2026. Various potential medical and biological applications of this type of filtration that includes isolating, sensing, sorting & releasing biological molecules and increasing awareness about its applicability contributes to its growth rate…Continued

Reasons to buy Medical Membranes Market Report:

>Information provided in the report assists companies in making well-informed executive decisions with a comprehensive understanding of the Medical Membranes market scenario and trends.

>Assists companies in implementing lucrative expansion strategies by offering information relating to the projected fluctuations in sales performance and supplier prices.

>Enables IT enterprises in capitalizing on the latest market trends and accurate insights into the Medical Membranes Market, arming them with essential information and other significant concerns of the industry.

>It allows readers to make favorable investments by tracing the substantial focus areas highlighted by survey takers in 2018.

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