Private Equity
Andrea Alms Video: Money In Motion 78 - The Membrane Market - Medical Application Outlook
October 2023 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I am a technology investor and financial manager and this is your Money in Motion. In our series on Membrane Separation technology market. Now we deep dive into the medical membrane applications market. What is it? Medical membranes are thin, semi permeable barriers used in a variety of medical applications, including drug delivery systems, artificial organs, wound dressing, pharma, pharmaceutical filtration systems such as dialysis.
Let's recap. Averaging the average the global membrane separation technology market size is about 23.7 billion and growing at 10.6%. Yes, multibillion dollar market and a double digit growth. Now we deep dive into the medical membrane application market segment. At market markets. The market was 2.13 billion in 2017 and projected to be 3.13 billion in 2022 at a corporate average growth rate of 9.2%.
At Acumen, the market size was 2.9 billion in 2022 and projected to grow to 7.5 billion by 2032 at a compound average growth rate of 9.9%. At Research & Markets, the global market was 2.73 billion in 2019 and is projected to be 5.81 billion by 2027, growing at 9.8% at data into the market was 3.8 billion in 2022, growing at 8.6% from 2022 to 2026, averaging the averages. The best guess market is 3.1 billion at a 9.4% growth rate. Thank you. This is your money, your money in motion