MEDICAL MEMBRANE MARKET ANALYSIS

Medical Membrane Market, by Application (IV Infusion Filters & Sterile Filtration, Drug Delivery, Bio-artificial Pancreas, Hemodialysis, and Others) by Technology (Microfiltration, Reverse Osmosis, Ultrafiltration, Dialysis, Gas Separation, and Others), by Material (Polytetrafluoroethylene (PTFE), Polyvinylidene Fluoride (PVDF), Polyethylene (PE), Modified Acrylics, and Others), and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook and Opportunity Analysis, 2022-2028

To Be Published : Dec 2024
Code : CMI1800
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Medical Membrane Market Dynamics

Increasing prevalence of naïve infectious chronic diseases such as chronic kidney disease around the globe is the major factor propelling demand for medical membrane. For instance, according to the National Kidney Foundation 2018, data around 10% of the worldwide population was affected by chronic kidney disease. Moreover, increasing government initiatives in research and development, advancement in healthcare industry, biotechnology, and increasing adoption of medical membranes in several industries are key factors driving growth of the medical membrane market. For instance, according to a 2016, United States Government Accountability Office report, National Institute of Health funding for biomedical research on kidney disease was US$ 564 million in 2015.

However, high capital investment for development of membrane and surface fouling are expected to hinder growth of the global medical membrane market.