Lucintel’s latest market report analyzed that track etched membrane provides attractive opportunities in various end users, such as pharmaceutical & biopharmaceutical companies, academic & research institutes, food & beverage companies, and hospital & diagnostic centers. The track etched membrane market is expected to grow at a CAGR of 10%-12%. In this market, membrane filters is the largest segment by product, whereas pharmaceutical and biotechnology companies are largest by end user.
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Based on product, the track etched membrane market is segmented into membrane filters, capsule & cartridge filters, and other track etched membrane products. The membrane filters segment accounted for the largest share of the market in 2020 due to increasing applicability of membrane filters in sterilizing, final filtration, sample preparation, filtration of aqueous and organic solutions, fluid monitoring, and venting and gas filtration.
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The track etched membrane market is marked by the presence of several big and small players. Some of the prominent players offering track etched membrane include Thermo Fisher Scientific, GE Healthcare, Danaher, Corning, Merck, it4ip, Sterlitech, Oxyphen, and Sarstedt.
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