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Medical Membrane Market - Increased Research and Development Activities to Augment Market Demand

 

Albany, NY -- (SBWIRE) -- 11/15/2018 -- Medical membranes are utilized in bio-separation, drug delivery, and tissue regeneration, along with artificial organs and diagnostic devices. Medical membranes are utilized in coating for medical gadgets. The medical sectors uses membranes in hemodialysis, drug delivery, and tissue engineering, coupled with artificial organs for example, artificial pancreas and oxygenators. The membrane technology is foreseen to play an important roles in the pharmaceuticals and medical applications so as to undergo lifesaving treatment procedures. Recently a novel report is published by researchmoz.us, titled, "Medical Membrane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026."

On the basis of material, the global medical membrane market is categorized into polyvinylidene fluoride (hydrophilic polyvinylidene fluoride, hydrophobic polyvinylidene fluoride), polysulfone & polyether sulfone, polypropylene, modified acrylics, polytetrafluoroethylene, and so on. Polyvinylidene fluoride (PVDF) is the generally used material for medical membranes. It is used in separating mediums in healthcare, biotechnology, pharmaceuticals, and life sciences sectors. PVDF membranes has several useful properties such as thermal stability, great mechanical strength, chemical resistance, and high hydrophobicity.

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The major usage of PVDF membranes are mycoplasma reduction, sterilizing filters, venting, filtration of gases, and protein-containing solutions filtration. As per the filtration type, the global medical membrane market is classified as
microfiltration, ultrafiltration, nanofiltration, and so on. Among these, the segment of ultrafiltration is foreseen to lead the medical membrane market within the forecast period, due to rising usage of ultrafiltration process technology in pharmaceutical industry. Moreover, nanofiltration segment is also estimated to grow rapidly during the span from 2018 to 2026. This is credited to process of nanofiltration at lessened operating pressures with surged flow rates. Research and development activities related to solvent-stable membranes have grown the usage of nanofiltration in various sectors such as fine chemicals, and pharmaceuticals, which are boosting the demand for nanofiltration segment. Nanofiltration is comparatively a new technology in membrane filtration process, applied in removing and softening divalent ions, colors, bacteria, viruses, and organics.

Geographically, North America region is leading the global medical membranes market, owing to rise in healthcare and pharmaceutical industries in the mentioned region. The health care expenditure holds around for 17% of the US's gross domestic product (GDP). Healthcare expenses are developing in twice the rate of the nation's economic growth. Another region, Europe accounts for the second-highest share of the global medical membrane market. The Europe regional market is propelled by rising geriatric population, rising access to advanced diagnostics services, increasing cases end-stage renal disease (ESRD), and growing cases of chronic illnesses for example hypertension and diabetes.

The key players dominating the global medical membrane market are Merck KGaA, Pall Corporation, 3M, Asahi Kasei Corporation, General Electric Company, Sartorius, W. L. Gore & Associates, Inc., and Cobetter Filtration Equipment Co., Ltd.

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