Medical Membranes Market to Record an Exponential CAGR by 2026
Medical
membranes are porous or non-porous polymeric membranes used for
medical functions such as dialysis, drug delivery, and
bio-separation. Medical membranes are important components of medical
devices used to function as artificial kidneys, blood oxygenators,
artificial livers, or artificial pancreas. Recently, medical
membranes have also been used for guided tissue re-generation.
Depending on the pore size of the membrane, it can be employed for
various filtration applications such as: Nano-filtration,
micro-filtration, ultra-filtration, and reverse osmosis.
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Medical
Membranes Market: Overview
Polymer
medical membranes employed for medical purposes are essentially
bio-compatible materials which possess good mechanical strength,
hydrolytic stability, and compatibility with blood pH. Some of the
commonly used polymer membranes are polytetrafluoroethylene (PTFE),
polyvinylidine difluoride (PVDF), polyacrylonitrile, polysulfone (PSU
and PESU), polyvinyl chloride (PVC), polycarbonate, and polyamide.
Polysulfone is a type of polymer that is most widely used in making
medical membranes. Medical membranes can be hydrophilic, hydrophobic,
or super-hydrophobic in nature. Medical membranes are largely applied
in drug delivery, hemodialysis, artificial organs, and tissue
re-generation. Dialysis treatment is the largest end-use segment of
the medical membranes market. The medical membranes market is
expanding at a rapid pace due to the increasing focus on
sophisticated medical procedures. Micro-filtration is the largest
application segment of the medical membranes market.
Medical
Membranes Market: Trends & Developments
Nano-filtration
is an emerging application of medical membranes market.
Nano-filtration membranes are capable of separating minerals or salts
with low molecular weights from complex mixtures of proteins, amino
acids, sugars, and colloids. Hence, the nano-filtration segment is
anticipated to register a higher growth rate compared to other
medical membranes segments during the forecast period.
Medical
Membranes Market: Regional Outlook
The
demand for medical membranes market is high in Europe and North
America, as these regions have a developed heath care sector. The
demand is expected to increase at a significant pace during the
forecast period, as the growing elderly population across the world
would lead to increase in the demand for medical facilities. The
medical membranes market in Asia Pacific is expected to expand at a
rapid growth rate during the forecast period. Latin America and
Middle East & Africa are estimated to witness lower demand for
medical membranes market during the forecast period, compared to
other regions of the world.
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Medical
Membranes Market: Key Players
Some
of the key players operating in the global medical membranes market
are 3M (the U.S.), Akzo Nobel (the Netherlands), Baxter International
(the U.S.), Asahi Medical (Japan), Merck Millipore (the U.S.), Toray
Medical (Japan), Koch Membrane Systems (the U.S.), and Pall
Corporation (the U.S.).
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