Global Track Etched Membrane Industry Outlook
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.
Some Key Highlights From the Report:
- Membrane filters segment is expected to account for largest revenue share in the global market over the forecast period owing to increasing use of membrane filters in various industries for sterilization, sample preparation, and final filtration applications.
- Polycarbonate track etched membranes are extensively used in cell biology research experiments, analytical testing, and in food and beverage industry and this is expected to contribute to revenue growth of the polycarbonate segment.
- Cell biology segment is expected to register robust revenue CAGR over the forecast period owing to increasing adoption of track etched membranes in development and production of cell-based therapeutics and vaccines, growing demand for mAbs, and increasing funding for accelerating cell-based research.
- Pharmaceutical and biotechnology companies segment is expected to register significant revenue growth over the forecast period owing to increasing production of generic drugs and biologics, rising investment in biopharmaceutical R&D, and growing demand for cell-based therapeutics.
- North America is expected to account for significant revenue share between 2021 and 2028, attributable to establishment of ultramodern research facilities, increasing adoption of track etched membranes in food and beverages industry, and robust presence of key players in the region.
Top companies profiled in the report include:
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.
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Track Etched Membrane market over the forecast period?
- What are the major factors driving the growth of the Global Track Etched Membrane Market?
- What are the key challenges impacting the global Track Etched Membrane market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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Global Track Etched Membrane Market was valued US$330.97 Mn in 2017 and is estimated to reach US$847.98 Mn by 2026 at a CAGR of 11.02%.
Get exclusive free pdf sample copy of this report @ https://www.maximizemarketresearch.com/market-report/global-track-etched-membrane-market/16637/#requestforsample Maximize Market Research offers a latest report on “global Track Etched Membrane market analysis and forecast 2018-2026”.
This report intends to study the developments of the Track Etched Membrane Market in, including its development status, applicant profiles and future trends, along with focus on the top Key players in the market Track Etched Membrane industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as swot analysis, bcg matrix, scot analysis, pestle analysis and so on.
increasing R spending in the pharmaceutical and biopharmaceutical industries and increasing purity requirements among end users of track etched membranes.
However, the high cost of production and the limited supply of track etched Membranes are major factors that are expected to restrain the growth of this market during the forecast period.How much is the Track etched Membrane Market worth ?The track etched membrane market is expected to reach USD 813.1 million by 2023 from USD 476.0 million in 2018, at a CAGR of 11.3% from 2018 to 2023.Scope of the Report:The research report categorizes the track etched membrane market into the following segments and subsegments:Track Etched Membrane Market, By ProductMembrane FiltersCapsule & Cartridge FiltersOther Track Etched Membrane ProductsTrack Etched Membrane Market, By MaterialPolycarbonatePolyethylene TerephthalatePolyimideTrack Etched Membrane Market, By ApplicationCell BiologyMicrobiologyAnalytical TestingOther ApplicationsTrack Etched Membrane Market, By End UserPharmaceutical and Biopharmaceutical CompaniesAcademic and Research InstitutesFood and Beverage CompaniesHospital and Diagnostic CentersTrack Etched Membrane Market, By RegionNorth AmericaUSCanadaEuropeGermanyUKFranceItalySpainRest of Europe (RoE)Asia PacificRest of the WorldThe commercial production of track etched membranes is almost always a secondary operation, and the production time is dependent on the time consumed by the primary operation of the facility.
Facilities for beaming or irradiation are limited and in most cases are operated by government agencies, universities, or research laboratories.
Although track etched membranes can be produced with a precisely determined pore size, shape, and distribution, their conventional production is very expensive for large-scale separation processes.Heavy ion irradiation of thin polymer films at a nuclear reactor or large accelerator facilities, which involves large capital costs, is generally the key initial manufacturing stage for track etched membranes.
This cost is prohibitive or unaffordable for most consumers of Industrial Filtration systems.
Moreover, considering the high costs, end users such as diagnostic laboratories and research institutes prefer the use of low-cost alternatives such as depth filters.
Increasing demand for therapeutics with high purity, rising production of generic drugs, and growing adoption of track etched membrane in food and beverage industry are key factors driving market growthThe 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.
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.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4101Some Key Highlights From the Report:Membrane filters segment is expected to account for largest revenue share in the global market over the forecast period owing to increasing use of membrane filters in various industries for sterilization, sample preparation, and final filtration applications.Polycarbonate track etched membranes are extensively used in cell biology research experiments, analytical testing, and in food and beverage industry and this is expected to contribute to revenue growth of the polycarbonate segment.Cell biology segment is expected to register robust revenue CAGR over the forecast period owing to increasing adoption of track etched membranes in development and production of cell-based therapeutics and vaccines, growing demand for mAbs, and increasing funding for accelerating cell-based research.Pharmaceutical and biotechnology companies segment is expected to register significant revenue growth over the forecast period owing to increasing production of generic drugs and biologics, rising investment in biopharmaceutical R, and growing demand for cell-based therapeutics.North America is expected to account for significant revenue share between 2021 and 2028, attributable to establishment of ultramodern research facilities, increasing adoption of track etched membranes in food and beverages industry, and robust presence of key players in the region.Regional Outlook:North America is the largest market for healthcare, followed by Asia-Pacific, Western Europe and then the other regions.
As the market in developed countries is nearly saturated, market players have shifted their focus toward the developing regions, especially the emerging economies of Asia Pacific.Request for Discount @ https://www.reportsanddata.com/discount-enquiry-form/4101Competitive Outlook:The prominent factors favoring market growth include increasing launches and initiatives by the market players to provide rapid treatment for addressing the diseases of the patients in the healthcare industry.
