The global track etched membrane market is projected to reach USD 813.1 million by 2023 from USD 476.0 million in 2018, at a CAGR of 11.3% during the forecast period. There is a presence of various regional and multinational market players in this market. In 2017, GE Healthcare (US), Corning (US), Sterlitech (US), it4ip (Belgium), and SABEU (Germany) dominated the track etched membrane market. These players together accounted for a significant share of the track etched membrane market.
GE Healthcare (US) provides an extensive portfolio of laboratory filtration products. The company’s Whatman 19mm Nuclepore Polycarbonate Hydrophilic Membranes combines high flow rates and chemical & thermal resistance with sharply defined pores, making them suitable for microscopy, cytology, parasitology, and certain air and oceanography analyses. The life sciences segment of the company continued to expand its business through product launches, organic investments, and acquisitions. The revenue of the life sciences division grew by 5% in 2017 as compared to 2016 and the bioprocess products division showed a growth of 9% in 2017. The company operates in more than 130 countries across North America, Europe, Asia, Australia, and South America. Some of its major subsidiaries are GE Healthcare AS (Norway), Whatman Limited (UK), GE Healthcare BVBA (Belgium), GE Healthcare Japan Corporation, and Xcellerex, Inc. (US).
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Corning (US) operates through five major divisions namely, Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. The Life Sciences segment manufactures and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media and serum, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. The company offers a broad line of cell culture inserts incorporating Polyethylene Terephthalate (PET) track etched membranes through the life sciences segment. The company has a strong presence in North America, Europe, Asia Pacific, and Latin America. In addition, the company manufactures and supplies products to approximately 90 plants in 17 countries. In 2017, the company generated revenue of USD 10.1 billion as compared to USD 9.4 billion in 2016 (a 7.7% increase).
It4ip (Belgium) develops, manufactures, and supplies polymer membranes based on polymer track etching technology. The company offers pilot, prototype, and small/medium volume membranes and engineered components; track etched membranes; and black polycarbonate membranes. It also provides research and product development services. The company offers its products for use in cancer diagnosis, diffusion control in biosensors, particle capture tests, rare event recovery, and fuel cell.
Track Etched Membrane Market by Product (Membrane Filter, Capsule & Cartridge Filter, Cell Culture Insert), Material (Polycarbonate, Polyimide), Application (Cell Biology, Microbiology, Analytical testing, Automotive), End User - Global Forecast to 2023
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