Transfer Membrane Insudtry Boosted by Drug Development

29 Jul 2024

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Table of Content

1. Transfer Membrane Market Revenue and Trends 2. Market Overview 3. Transfer Membrane Market Highlights 4. Transfer Membrane Market Top Companies 5. Regional Insights 6. Market Potential and Growth Opportunity

Transfer Membrane Market Revenue and Trends

The global transfer membrane market revenue was valued at USD 433.42 million in 2023 and is poised to grow from USD 455.96 million in 2024 to USD 756.98 million by 2034, at a CAGR of 5.2% during the forecast period 2024 – 2034. The increasing need for transfer membranes for nucleic acid and protein transfer applications is expected to enhance the growth of the market.

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Market Overview

The transfer membrane market encompasses the global sector engaged in the commercializing, supplying, and manufacturing of transfer membranes. Transfer membranes, called blotting membranes, are certain permeable substances used in several analytical and biological methodologies, such as Northern, Southern and Western blotting. The increasing emphasis on new drug development and discovery and rising innovative RNA and DNA-based drug therapies are expected to enhance the growth of the market.

In addition, the rising advancements in membrane transfer technologies such as improved training capability and a wider range of detection chemicals, the expanding use of transfer membranes in protein sequencing, and the increasing prevalence of autoimmune illnesses are further anticipated to enhance the growth of the transfer membrane market during the forecast period.

Transfer Membrane Market Trends

• The rising research advancements in Genomics and Proteomics are expected to accelerate the growth of the market.
• The increasing usage of point-of-care diagnostics and rapid diagnostics tests are estimated to drive the growth of the transfer membrane.
• The growing investments in life sciences research, academic institutions, and biotechnology firms are further attributed to propel the market growth.

The growing adoption of western blotting methods fuels the market growth

In molecular biochemistry and biology, western blotting is a widely used method for protein analysis and identification. Transfer membranes made for western blotting applications are in high demand due to the increasing use of western blotting in a variety of disciplines, such as diagnostics, pharmaceutical development, and academic research.

Furthermore, additional factors enhancing market expansion such as the availability of automated western blotting systems, fluorescent detection techniques, and improved chemiluminescence. In addition, the increasing need for advanced transfer membranes that provide increased repeatability, resolution, and sensitivity is increasing as scientists aim to investigate the complexities of biological systems at the molecular level. Thus, these driving factors are expected to boost the growth of the transfer membrane market.

However, restricted compatibility and limited market penetration may restrain market growth. The transfer membranes only work with specific experimental settings or with specific kinds of samples. For instance, membranes subjected to high pH levels, organic solvents, and strong chemicals may lose or deteriorate their effectiveness. This constraint may reduce their relevance to specific fields of sectors or studies of the economy.

In addition, due to various issues like financial restraints, insufficient infrastructure, and poor knowledge, the penetration of transfer membranes may create challenges in specific geographic market sectors. Lack of market adoption may hinder efforts to expand the market. Thus, these restraining factors are expected to hinder the growth of the transfer membrane market.

Transfer Membrane Market Highlights

Transfer Membrane Market Top Companies

• Bio-Rad Laboratories
• Merck KGaA
• Santa Cruz Biotechnology, Inc.
• ATTO Corporation
• Thermo Fisher Scientific, Inc.
• Danaher
• Asahi Kasei
• Azure Bio Systems Inc.
• Advansta Inc.
• GVS S.p.A.
• TeraPore Technologies
• PerkinElmer, Inc.
• Abcam Plc.

Recent Innovation in the Transfer Membrane Market by Asahi Kasei

• In April 2024, Asahi Kasei declared the opening of a membrane system to generate WFI, or water for injection, a sterile kind of water used in injection preparation. Using the system development and design capabilities of MicrozaTM hollow-fiber membrane for water treatment and liquid product filtering, the membrane system was created as an alternative to the traditional distillation methods to manufacture WFI. This technology makes it possible to produce WFI for less money and with less CO2 emissions by lowering the requirement to create steam.

Recent Innovation in the Transfer Membrane Market by TeraPore Technologies

• In December 2023, TeraPore introduced the industry to the flagship IsoBlock® VF product line for parvovirus elimination from biopharmaceuticals, a pioneer in nanofiltration membranes. In tests conducted at many client locations using various new antibody configurations, IsoBlock VF has proven to operate reliably and well. IsoBlock VF has demonstrated strong viral retention with both mammalian parvoviruses and surrogate bacteriophages, which seems to be independent of solution conditions and process stoppage. The IsoBlock PF Syringe Prefilter Device, an adsorptive membrane-based prefilter designed to eliminate undesired high molecular weight species from the feed prior to size-based virus elimination, was introduced with the IsoBlock VF Syringe Filter.

Read Also: Membrane Filtration Market Size and Segments Outlook By 2032

Regional Insights

Asia Pacific is expected to grow fastest during the forecast period. Asia Pacific has a rapidly growing and large population, which creates a large market for services and goods and is expected to boost the growth of the transfer membrane market. Various countries in the region have undertaken economic reforms to promote development and growth. These reforms have included liberalization, privatization, and deregulation of investment and trade, which have helped to attract and spur economic growth and foreign investment.

China, India, Japan, and South Korea are the leading countries in the Asia-Pacific region. China and India are the fastest-growing countries due to their large patient population. These countries offer lucrative opportunities for clinical research activities that include surveillance procedures and disease testing. These factors are expected to enhance the adoption of transfer membranes and drive market growth in the Asia Pacific region.

North America dominated the transfer membrane market in 2023. The growing government investments in the life sciences domain and the increasing presence of well-established research infrastructure are expected to drive market growth. The increasing presence of major market players such as PerkinElmer, Inc., Danaher, and many others in the region is estimated to accelerate the market growth. The U.S. and Canada are the leading countries in the region. The U.S. is the leading country in the region and is expected to drive the growth of the transfer membrane market in North America.

• For instance, in October 2022, in the U.S., Glanbia Nutritionals introduced a novel whey protein that gave active women with low iron and energy levels a solid nutritional base. Targeting women and the 62% of active women who use a product meant to maintain their iron and energy levels was the goal of this launch. The premium whey protein FerriUp from Glanbia is produced using a selective transfer membrane method that concentrates the essential nutritious components of whey.

Market Potential and Growth Opportunity

Development of long-lasting and environmentally friendly membranes

The development of sustainable and eco-friendly membranes represents a significant potential. Due to the increasing environmental concerns, there is a growing demand for sustainable and ecologically friendly membranes that can help to reduce the environmental effect of the manufacturing procedure and disposal of spent membranes. They can also help to encourage sustainable practices and save energy in a variety of businesses. Companies who are active in research and development for sustainable and environmentally friendly membranes may not only meet the growing demand for ecologically aware goods but also obtain a competitive significance in the market. These factors are anticipated to enhance the growth of the transfer membrane market in the coming future.

Transfer Membrane Market Breakthroughs

• In January 2024, Siplast, a Standard Industries subsidiary, has announced the debut of Parasolo TPX, the nation's first thermoplastic polyolefin solution (TPO), providing customers with a competitive substitute for PVC that comes with the same guarantee of dependability and affordability as all other Siplast product offerings. Time and effort may be saved by using Parasolo TPX, which is compatible with all single-ply systems, including those that are adhered, induction welded, and mechanically connected. Because Parasolo TPX's white membrane is made of a superior combination of materials that improve solar reflectivity and offer long-term heat and UV protection, it is appropriate for high-heat conditions.
• In February 2024, Insamo, a biotechnology startup that led the way in the discovery of cyclic peptides that are both orally soluble and membrane-permeable, has reported receiving $12 million in seed funding from Playground Global, venBio, and MRL Ventures Fund (MRLV). MRLV is a corporate venture division of Merck & Co., Inc. that makes investments in preclinical and early-stage pharmaceutical firms. Co-founders of Playground Global Matt Hershenson and venBio Corey Goodman, Ph.D., will become members of the board of directors of the firm as a result of the funding. Axial Ventures, BEVC, Sahsen Ventures, and Civilization Ventures were also involved in the most recent funding round.

Market Segmentation

By Product

• Nitrocellulose
• PVDF
• Nylon

By Transfer Method

• Wet or Tank Transfer
• Semi-dry Electro Blotting
• Dry Electro Blotting
• Others

By Application

• Northern Blotting
• Southern Blotting
• Western Blotting
• Others

By End-User

• Academic & Research Institutes
• Pharmaceutical & Biopharmaceutical Companies
• Diagnostic Labs

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