Home Press Release Global Medical Membrane Market Worth USD 7,096 Billion With a CAGR of 10.1%

Global Medical Membrane Market Worth USD 7,096 Billion With a CAGR of 10.1%

Introduction

A medical membrane is a synthetic membrane used for separation in the medical field or the laboratory. Since the middle of the twentieth century, medical membranes have been utilized in large-scale and small-scale manufacturing processes with great success. Membrane technology is crucial in medical applications, particularly in numerous life-saving treatments. Its most critical medical applications include drug delivery, tissue regeneration, artificial organs, and diagnostic devices such as medical device coatings and bioseparations. As a separation technique, the membrane is used to cover some of the improved applications of membrane technologies. These applications include, among others, concentration, separation, and purification. Medical membranes have a high degree of separation precision and aid in processing substances with high purity. 

Increased use of medical membranes in hemodialysis and pharmaceutical filtration is the primary driver of the global medical membrane market's expansion. These membranes are commonly used in various medical applications, including gas and venting, pre-filtration, sterile filtration, infusion therapy, and sample preparation. The medical membrane provides superior flow and a rapid filtration rate in an aqueous solution to eliminate microorganisms, small particles, and fungi. Consequently, the market for medical membranes has expanded significantly over the past few years due to increased demand from numerous industries, including healthcare, biotechnology, and pharmaceuticals. In addition to the need for high-purity selective separation and the rise in demand for artificial organs, two other factors drive market growth. In addition, medical membranes are frequently utilized in the healthcare industry to produce and preserve high-quality products.

Market Dynamics

The Growing Popularity of Medical Membrane and Artificial Organs to Drive the Global Medical Membrane Market

Significant applications for medical membranes include drug delivery, diagnostic devices, tissue regeneration, bioseparation, and synthetic organs. In addition to their use as coatings for medical devices, membranes are frequently employed to improve drug delivery, promote tissue regeneration, and perform hemodialysis. The growing use of medical membrane innovations in healthcare applications is a significant factor driving the medical membrane market. In addition, the increasing geriatric population and number of patients with end-stage renal disease (ESRD) is increasing the demand for innovative treatment options, which is expected to propel the growth of the medical membrane market. In addition, the need for medical membranes is gaining momentum due to the increased availability of advanced diagnostic facilities and the alarming increase in chronic diseases such as hypertension and diabetes. In addition, increased investments in the healthcare sector are boosting the demand for advanced infrastructures, such as medical membranes, thereby accelerating the expansion of the global medical membrane market. 

The incidence of organ failure has increased alarmingly due to dietary changes and adopting a less active lifestyle. Consequently, organ transplants are in greater demand. Compared to organ donors, the number of patients requiring transplantation is rising steadily, resulting in a widening demand-supply gap for organ transplants. According to reports, as the supply-demand gap widens, organ transplantation is declining and being replaced by artificial organ replacement. Approximately 15% of adults in the United States have chronic kidney disease, according to the Centers for Disease Control and Prevention (CKD). Countries with the highest demand for renal replacement therapy include the United States, Japan, Germany, Brazil, and Italy. This innovation increases the need for medical membranes. In addition, there is an increasing demand for artificial pancreas and liver organs. Thus, the rise in demand for artificial organs containing membranes significantly contributes to the expansion of the global market for medical membranes.

Growing Demand in Emerging Economies to Create Global Medical Membrane Market Opportunities

In emerging economies, the demand for medical membranes is driven by the need for ultra-pure water for pharmaceutical manufacturing and hemodialysis. Pharmaceutical and dialysis treatment companies have enormous business opportunities in developing economies such as China, India, Brazil, and other developing nations. This is because the prevalence of end-stage renal disease is rising rapidly in these nations, thereby increasing the demand for dialysis products and services. In addition, the increase in the elderly population, the prevalence of diabetes and hypertension, and the awareness of kidney disorders present lucrative opportunities for expanding the global medical membranes market.

Regional Insights

Europe will command the market with the largest share during the forecast period and grow at a CAGR of 9.67%. The significant market share of the region can be attributed to the aging of the population and the increase in the number of patients with end-stage renal disease (ESRD). In addition, the prevalence of chronic diseases such as diabetes and hypertension is anticipated to contribute to the region's accelerating development. The largest membrane water and wastewater treatment market in Europe was in Germany. This is a consequence of the increased water treatment activities in northern Germany. In addition, the protection of the environment and human health are of the utmost importance in Germany, which significantly contributes to the growth of the medical membrane market.

North America will hold a share of USD 2,308 million while growing at a CAGR of 10.3%. The region's countries invest heavily in pharmaceutical research and development, resulting in high healthcare costs. Due to these activities, many organizations are motivated to work internationally in this sector. Numerous world's leading pharmaceutical corporations have their headquarters and research laboratories in the United States. As pharmaceutical research requires membrane chromatography, demand for these filtration technologies is high in North America. Rising demand for biopharmaceuticals in North America and increasing research and development spending by biopharmaceutical companies are responsible for the region's substantial market share.

The rise in population awareness, the provision of better medical facilities, the widespread adoption of innovative products, and the growing incidence of chronic kidney disease have contributed to the region's expansion. Increased application of membrane filtration at various stages of drug production and development, ranging from production scale development to laboratory study, including drug production, virus disposal, laboratory-scale drug testing detection, sample preparation, protein separation, and cell culture, is expected to contribute to the growth of the North American medical membrane market.

Key Highlights

  • The global medical membrane market had a revenue share of USD 3,286 million in 2021, which is envisioned to grow at a CAGR of 10.1% and reach USD 7,096 million during the forecast period. 
  • Based on material, the polysulfone (PSU) & polyether sulfone (PESU) segment is projected to hold the largest revenue share during the forecast period and grow at a CAGR of 9.52%.
  • Based on technology, the nanofiltration technology segment is anticipated to hold the largest market share during the forecast period and grow at a CAGR of 10.7%.
  • Based on application, the pharmaceutical filtration segment is expected to hold the largest share during the forecast period and grow at a CAGR of 9.8%.
  • Based on regional analysis, Europe will command the market with the largest share during the forecast period and grow at a CAGR of 9.67%.

Competitive Players

Competitive Players in the Market

  • Amniox Medical
  • Asahi Kasei
  • Danaher Corporation
  • Hangzhou Cobetter Filtration Equipment
  • Koch Membrane Systems
  • Merck Group
  • Mann+Hummel
  • Sartorius AG
  • W. L. Gore & Associates
  • 3M Company 

Recent Developments

Market News

  • In 2022, Asahi Kasei acquired Bionova Scientific LLC.
  • In 2022Asahi Kasei launched a low-latency solution with Active Road Noise Cancellation (ARNC) technology as part of the license agreement with Silentium.
  • In 2022, Asahi Kasei announced the next-generation concept car AKXY2ä.

Segmentation

Global Medical Membrane Market: Segmentation 

By material

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

By technology

  • Microfiltration
  • Ultrafiltration
  • Nanofiltration
  • Dialysis
  • Gas Filtration
  • Others

By application

  • Pharmaceutical Filtration
  • IV Infusion & Sterile Filtration
  • Bio-artificial Processes
  • Drug Delivery
  • Hemodialysis
  • Others

By region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

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