Track-Etched Membrane Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 11.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Track-Etched Membrane Market Analysis
The Track-Etched Membrane Market is expected to register a CAGR of 11.1% during the forecast period. Increasing number of research and development activities related to pharmaceuticals and biopharmaceuticals, and advancement in the product is expected to boost the track-etched membrane market growth. The advantages of track-etched membrane over the conventional membrane gives an edge over. The track-etched membrane has precise pore size when compared to conventional membrane as it involves bombardment of heavy ions on the film. It enables low protein binding which leads to minimal contamination of the sample. Furthermore, the membrane filtration technique plays an important role in case of developing drug, testing drug toxicity, efficacy, and in developing bioactive molecules also. Nano-sized porous membrane with controlled physical and chemical properties enables efficient drug delivery process.
Track-Etched Membrane Market Trends
This section covers the major market trends shaping the Track-Etched Membrane Market according to our research experts:
Cell Biology Segment is Expected to Hold a Major Market Share in the Track-Etched Membrane Market
- Cell culture is one of the important process which is involved in developing vaccines, biologic, monoclonal bodies,etc. One of its crucial part is cell filtration as the culture needs to be protected against introduction of unwanted bacteria, virus and other micro-organisms. Hence, a proper membrane filter is of utmost importance, with track-etched membrane as controlled precise pore size is possible. Also, these membranes are tend to provide more surface area. Since the adoption of biologic, cell-culture based vaccines, etc. is growing, the demand for track-etched membrane filter is also expected to increase.
- Clarification process consists of centrifugation, micro-filtration and harvesting of the culture. Cell separation and removal of cell debris are the primary goals of this procedure, for which membrane filtration technique is required.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America expected to hold a major market share in the globalTrack-Etched Membrane marketdue to increasing investment in research development activities related to pharmaceuticals and biopharmaceuticals and growing adoption of nanotechnology. According to the survey of Pharmaceuticals Researchers and Manufacturers of America (PhRMA), the R&D expenditure has increased from around 65.5 million USD in 2016 to 71.4 million USD in 2017. Therefore, this factor is expected to increase the demand for track-etched membrane.
Track-Etched Membrane Industry Overview
The Track-Etched Membrane Market is consolidated and consists of few major players. In terms of market share, few of the major players are currently dominating the market due to immense involvement related to Track-Etched Membrane. Some of the companies which are currently dominating the market are GE Healthcare, Merck KGaA, Sartorius AG, it4ip S.A., Sterlitech Corporation, Brand GmbH, Sabeu Plastik and Membrane Technologie, Zefon International, and Advantec MFS, Inc.
Track-Etched Membrane Market Leaders
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GE Healthcare
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Merck KGaA
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It4ip S.A.
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Advantec MFS, Inc.
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Sartorius AG
*Disclaimer: Major Players sorted in no particular order
Track-Etched Membrane Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Research Activities for Pharmaceuticals and Biopharmaceuticals
- 4.2.2 Growing Adoption of Nanotechnology
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4.3 Market Restraints
- 4.3.1 High Cost Involved
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Material Type
- 5.1.1 Polycarbonate
- 5.1.2 Polyethylene Terephthalate
- 5.1.3 Polyimide
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5.2 By Application
- 5.2.1 Cell Biology
- 5.2.2 Microbiology
- 5.2.3 Others
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5.3 Geography
- 5.3.1 North America
- 5.3.2 Europe
- 5.3.3 Asia-Pacific
- 5.3.4 Middle-East and Africa
- 5.3.5 South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Advantec MFS, Inc.
- 6.1.2 Brand GmbH
- 6.1.3 GE Healthcare
- 6.1.4 it4ip S.A.
- 6.1.5 Merck KGaA
- 6.1.6 Sabeu Plastik and Membrane Technologie
- 6.1.7 Sartorius AG
- 6.1.8 Sterlitech Corporation
- 6.1.9 Zefon International
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityTrack-Etched Membrane Industry Segmentation
A track-etched membrane is made using track-etching technology which involves the bombardment of heavy ions on the thin film followed by the process of etching. Track-Etched Membrane Market is segmented By Material Type, Application and Geography.
By Material Type | Polycarbonate |
Polyethylene Terephthalate | |
Polyimide | |
By Application | Cell Biology |
Microbiology | |
Others | |
Geography | North America |
Europe | |
Asia-Pacific | |
Middle-East and Africa | |
South America |
Track-Etched Membrane Market Research FAQs
What is the current Track-Etched Membrane Market size?
The Track-Etched Membrane Market is projected to register a CAGR of 11.10% during the forecast period (2024-2029)
Who are the key players in Track-Etched Membrane Market?
GE Healthcare , Merck KGaA , It4ip S.A. , Advantec MFS, Inc. and Sartorius AG are the major companies operating in the Track-Etched Membrane Market.
Which is the fastest growing region in Track-Etched Membrane Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Track-Etched Membrane Market?
In 2024, the North America accounts for the largest market share in Track-Etched Membrane Market.
What years does this Track-Etched Membrane Market cover?
The report covers the Track-Etched Membrane Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Track-Etched Membrane Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Track-Etched Membrane Industry Report
Statistics for the 2024 Track-Etched Membrane market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Track-Etched Membrane analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.