Medical Membrane Devices: Markets and Technologies
December 30, 2011
Wellesley, Mass. – In a recent release,MEDICAL MEMBRANE DEVICES: MARKETS AND TECHNOLOGIES (MST043E) from BCC Research (www.bccresearch.com), the value of the U.S. medical membrane market is projected to rise from $2.2 billion in 2011 to nearly $2.9 billion in 2016, yielding a five-year compound annual growth rate (CAGR) of 5%.
The technology-driven products segment of the overall market totaled $1.4 billion in 2011. This market is expected to be valued at more than $1.9 billion in 2016 after increasing at a CAGR of 6.2%.
The market-driven devices segment was worth $819 million in 2011. This segment is expected to increase to $944 million in 2016, a CAGR of 2.9% over the five-year period.
Membranes are thin film barriers, natural or synthetic, that permit preferential passage of certain substances through tiny apertures known as pores. At its most basic, a membrane acts as a sieve, allowing small molecules to pass while larger ones are retained. Generally, solids are separated from liquids forced through the membrane material. Membranes made of cellulosic or synthetic polymers are capable of efficient separations down to the size of small molecules and ions.
The significance of medical membranes reaches far beyond their impressive sales volumes and financial profitability for manufacturers and distributors. The devices save the lives of millions of patients each year and improve the quality and safety of medical procedures and administered therapeutic agents. For healthcare providers, medical membranes are often instrumental in reducing treatment costs.
This report will be most useful to senior marketing personnel, venture capitalists, executive planners, research directors, and government officials. Readers who simply wish to understand how regulations, market pressures, and technologies interact in the medical membrane device arena also will find this study worthwhile.
Medical Membrane Devices: Markets and Technologies( MST043E )
Publish Date: Jan 2012
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
BCC Library Membership Benefits
Unlimited Access to Market Research Reports for Academic Institutions and Corporations.
Custom Research
Tailored solutions across industries for your unique business needs.
More in Water-Membrane and Separations
- Global Pharmaceutical Filtration Market Projected to Achieve 11.1% CAGR Through 2030
- Global Smart Water Management Market Projected to Reach $43.7 Billion by End of 2030
- Global Water Crisis Fuels Growth in Reverse Osmosis Market, Projected to Reach $32.0 Billion
- Global Ultrafiltration Membranes Market: Emerging Technologies and Industry Growth Insights
- Pharmaceutical Filtration Industry Forecasts $18.1 Billion Market Size by 2029
Reports from Water-Membrane and Separations
Recent News
- Wind Turbine Blade Recycling Market to Reach $158.9 Billion by 2030, Driven by Massive Wave of Turbine Decommissioning
- Energy and Sustainability Industry Sees $20+ Billion in Investment Activity as Grid Modernization and Renewable Integration Drive Transformation
- Global Industrial Chain Systems Market to Reach $5.2 Billion by 2030 as Manufacturing Automation and Food Processing Drive Steady Growth
- Hydrogen Fuel Cell Recycling Market to More Than Double, Reaching $762.4 Million by 2030 as Clean Energy Transition Creates Critical Materials Recovery Opportunity
- Solid Oxide Fuel Cells Market to Deliver Robust 24.4% CAGR by 2030