Market Research Report
Track-Etched Membrane Market - Growth, Trends And Forecast (2020 - 2025)
|Published by||Mordor Intelligence Pvt Ltd||Product code||927936|
|Published||Content info||100 Pages
Delivery time: 2-3 business days
|Track-Etched Membrane Market - Growth, Trends And Forecast (2020 - 2025)|
|Published: March 1, 2020||Content info: 100 Pages||
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.
Cell Biology Segment is Expected to Hold a Major Market Share in the Track-Etched Membrane Market
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 global Track-Etched Membrane market due 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.
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.