Dublin, June 28, 2021 (GLOBE NEWSWIRE) -- The "Medical Membranes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Medical Membranes estimated at US$ 2.2 Billion in the year 2020, is projected to reach a revised size of US$ 3.5 Billion by 2027, growing at a CAGR of 6.7% over the analysis period 2020-2027.
Ultrafiltration, one of the segments analyzed in the report, is projected to grow at a 6.9% CAGR to reach US$ 1.6 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Microfiltration segment is readjusted to a revised 6% CAGR for the next 7-year period. This segment currently accounts for a 24.3% share of the global Medical Membranes market.
The U.S. Accounts for Over 32.2% of Global Market Size in 2020, While China is Forecast to Grow at a 9% CAGR for the Period of 2020-2027
The Medical Membranes market in the U.S. is estimated at US$ 706.6 Million in the year 2020. The country currently accounts for a 32.19% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 385.5 Million in the year 2027 trailing a CAGR of 9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR while Rest of European market (as defined in the study) will reach US$ 385.5 Million by the year 2027.
Nanofiltration Segment Corners a 21.4% Share in 2020
In the global Nanofiltration segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$ 370.6 Million in the year 2020 will reach a projected size of US$ 604.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 340.6 Million by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period. The publisher brings years of research experience to this 7th edition of the report. The 263-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Select Competitors (Total 48 Featured):
- Asahi Kasei Corporation
- GE Healthcare
- Hangzhou Cobetter Filtration Equipment Co. Ltd.
- Koch Membrane Systems, Inc.
- M Company
- Microdyn-Nadir GmbH
- MilliporeSigma
- Pall Corporation
- Sartorius AG
- W. L. Gore & Associates, Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Medical Equipment & Supplies COVID-19 Impact, Market Witnesses Disruptions
- Supply Chain Disruptions and Challenges Faced by Healthcare Industry
- Exposure of Leading Medical Equipment Companies to COVID-19 Pandemic
- Medical Membranes: A Prelude
- Key Applications of Medical Membranes
- Global Market Prospects & Outlook
- Prominent Factors Influencing the Medical Membranes Market
- Analysis by Process Technology: Ultrafiltration Leads the Market
- Regional Analysis: Developed Regions Lead Medical Membranes Market, Developing Nations Promise Future Growth
- Competitive Scenario
- Recent Market Activity
- Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Uptrend in Healthcare Spending to Result in Improved Opportunities
- Demographic Trends & Growing Incidence of Chronic Diseases to Push the Market Ahead
- Rising Use of Membrane Filtration in Biopharmaceutical Manufacturing
- Relevance of Membranes in IV Infusion & Sterile Filtration Augurs Well
- Widening Use Case in Hemodialysis Vertical
- Sustained Opportunities in Pharmaceutical Filtration Applications
- Liquid Filtration Membranes for Administration of Intravenous Drugs
- Air & Gas Membrane Filtration Solutions for Medical Equipment
- Technological Innovations & Improvements Bode Well
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- Impact of COVID-19 on Medical Membranes Sector
- Ageing Demographics: Major Driving Factor
- Market Analytics
- CANADA
- JAPAN
- Market Overview
- Market Analytics
- CHINA
- Market Overview
- Medical Membranes Makers Hurt as COVID-19 Slows Elective Surgeries in China
- Market Analytics
- EUROPE
- Market Overview
- Impact of COVID-19
- Market Analytics
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- AFRICA
IV. COMPETITION
- Total Companies Profiled: 163
For more information about this report visit https://www.researchandmarkets.com/r/om41jc