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Global Plasma Separation Membrane Market to Grow at Promising 20.30% CAGR during 2021-2029 – A Report by Absolute Market Insights

Published On 06 Sep 2021 06:57 AM


Global plasma separation membrane market was estimated to be US$ 405 million in 2020 and is expected to reach US$ 990.19 million by 2029, growing at an estimated CAGR of 20.3% over the forecast period. Rising cases of infectious diseases such as human immunodeficiency virus (HIV), pneumonia and tuberculosis in the developing world, and influenza and sexually transmitted diseases in the developed world draws attention regarding the need of point-of-care diagnostics. Researchers that started drawing blood from COVID-19 survivors, then isolated their plasma, the liquid part of blood that contains antibodies. And in a process called "convalescent plasma therapy," their antibodies were transferred to others, either to protect them against getting infected or to boost the immune systems of those who are already sick. However, this highly experimental therapy hasn't been proven to work against the coronavirus, but initial research out of China suggested that it helped a small group of patients recover. It's also seen some success in past infectious disease outbreaks, including in fighting the coronavirus that caused the SARS outbreak. One of the very effective ways for carrying out fractionation process is the addition of alcohol to the plasma membrane pool while simultaneously cooling the pool. This process is sometimes called cold alcohol fractionation or ethanol fractionation.

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Increasing cases of infectious diseases

Current methods for blood collection involve carrying out a venipuncture, collecting blood in a vacuutainer tube, centrifuging the blood for ten or more minutes and extracting the plasma with a pipette. This protocol requires a trained phlebotomist to draw blood and requires expensive vacuutainer tubes. It also requires additional capital equipment such as a centrifuge to separate the plasma fraction from the blood cells, refrigerators to store the sample and electricity to operate the equipment. An alternative to venipuncture is to collect peripheral blood by lancing the fingertip or, in the case of infants, the heel. This provides a more economical means for sample collection that does not require a trained phlebotomist to perform and provides an option for the uniform and systematic collection of large number of field specimens for diagnostic and surveillance purposes, especially in developing countries. Instead of collecting blood in a tube and centrifuging it to separate the plasma from the cells, a porous matrix such as a filter membrane can be used to collect the blood and yield the plasma to a second, absorptive membrane. The Vivid GF grade membrane was dip-coated with blocking solution to increase membrane hydrophilicity and blood sample flow over the surface. Such factors are expected to assist the plasma separation membrane market over the next eight years (2021 to 2029).

Hospitals segment captured the largest share in 2020

Hospitals segment captured more than 40% in 2020 and is expected to continue the same trend over the forecast period. Specialty clinics are expected to exhibit the highest compound annual growth rate over the forecast period. Such factors are anticipated to assist the overall depression monitoring devices market over the forecast period. TPE is an extracorporeal technique that involves separating a large volume of a patient's plasma from the cellular components of the blood. In clinical use membrane plasma separation is as effective as centrifugal plasma exchange in removing plasma proteins.

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The Impact of Covid-19 on the Plasma Separation Membrane Market

Since the outbreak of the pandemic situation, more and more IVD market participants got involved in research and development and production of virus test kits. Various products had been through the approval of China’s State Drug of Administration and even exported to the overseas, curbing the bottlenecks of the global outbreak. In other word, it meant in helping the world to prevent the disease at a greater extent. Hemofiltration membrane as a core material of Corona Virus kit recently faced a great demand for supply. Cobetter provides clients with outstanding membrane at shorter time duration. The advantages related to the RB series plasma separation membrane included high blood volume, high erythrocyte filtration rate and no occurrence of hemolysis. Also, the product has good hydrophilicity and faster diffusion rate.

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Plasma Separation Membrane Market:

  • By Grading
    • GF
    • GX
    • GR
  • By End User
    • Hospital
    • Specialty Clinics
    • Pharmaceutical and Research
    • Others
  • By Geography
  • North America
  • U.S
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America 

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Press Release Provided By: Absolute Markets Insights