The global track etched membrane market size is expected to reach USD 1,432.5 Million by 2028 and register a CAGR of 11.6%, according to the latest report by Reports and Data. Rising adoption of track etched membranes in pharmaceutical and food and beverage industry, rapid technological advancements, and growing demand for high purity therapeutics and drugs are key factors expected to drive market revenue growth over the forecast period. In addition, increasing research and development activities in the pharmaceutical sector and rising investment and funding for accelerating biopharmaceutical research are some other factors expected to drive market growth going ahead.
Track etched membranes are porous systems made of thin polymer foils that have pores from one surface to another. Track etched membranes can have a unique pore structure and are generally produced by ion bombardment of polymer films with heavy ions and their subsequent chemical etching. These membranes offer unique advantages over traditional membranes because of their precisely determined structure. Extensive research has been carried out to develop track etched membranes with enhanced properties and functions and this is expected to contribute to revenue growth of the market over the forecast period.
Track etched membranes find extensive usage in medical and pharmaceutical industry in purification of drugs and vaccines, obtaining blood plasma, and for bacterial quality control of food and water. These membranes are also used in analytical control of substances because of benefits such as no contamination and improved particle visibility. These key factors are expected to further fuel market growth over the forecast period. However, high costs of production and stringent regulations regarding manufacturing of tracked etched membranes are expected to hamper market growth to a certain extent over the forecast period.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviors are shifting in a variety of ways, from the growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Key Players covered in this report are:
GE Healthcare, Danaher Corporation, Merck KGaA, Sartorius AG, Corning, Inc., it4ip S.A., Sterlitech Corporation, Eaton Corporation, Brand GmbH, Sabeu Plastik and Membrane Technologie, Zefon International, and Advantec MFS, Inc.
Product Outlook (Revenue, USD Million; 2018-2028)
- Membrane Filters
- Capsule Cartridge Filters
- Others
Material Outlook (Revenue, USD Million; 2018-2028)
- Polycarbonate
- Polyethylene Terephthalate
- Polyimide
Application Outlook (Revenue, USD Million; 2018-2028)
- Cell Biology
- Microbiology
- Analytical Testing
- Others
End-use Industry Outlook (Revenue, USD Million; 2018-2028)
- Pharmaceutical and Biopharmaceutical Companies
- Academic and Research Institutes
- Food and Beverage Companies
- Hospital and Diagnostic Centers
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
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Major Points covered in this report are as below:
• The Track Etched Membrane industry development trends and marketing channels are analyzed. The feasibility of new investment projects is assessed and overall research conclusions are offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes, and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue, and gross margins.
• The Track Etched Membrane Market report provides key statistics on the market status of the Track Etched Membrane manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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