Owing to the technological developments and increasing application of filtration technologies in pharmaceutical and biotechnological as well as food beverage laboratories, increasing research activities are key factors contributing to high CAGR of Immunohematology during forecast period.
According to the current analysis of Reports and Data, the global laboratory filtration market was valued at USD 2.35 billion in 2018 and is expected to reach USD 4.06 billion by the year 2026, at a CAGR of 7.1%. Filtration and separation technology all around the world is widely used in modern industrialized countries and is rapidly being applied in developing countries as well. Filtration is an initial and essential process in pharmaceutical, and bio scientific laboratory applications. Filtration is also important and widely used as one of the unit operations of pharmaceutical technology. It may be simultaneously combined with other unit operations to process the feed stream, as in the bio-filter, which is a combined filter and biological digestion device. Filtration is a technique that is used to separate solids from liquids or solution by interposing a filter medium through which solutions or liquids can pass.
Growing research activities in pharmaceutical and biopharmaceutical industries and increasing usage of filtration products are contributing to the growth of the laboratory filtration market. Lab filters have vast applications in different fields of the industry, from healthcare to food and beverage industry. Clinical research in pharmaceutical companies and scientific institutions are resulting in the development of new medicines, which is also supporting the market growth positively. Technological advances have been significantly improving for decades, and the trend is expected to continue further. As computer circuits are grown smaller and smaller while increasing in processing power, the need and surge for filtration and separation technologies to gather the pace and become increasingly more sophisticated.
Key players of the market mentioned in the report are Sigma-Aldrich, Merck Millipore, Thermo Fisher Scientific, GE Healthcare, 3M Purification, Inc., Sartorius Group, Macherey-Nagel GmbH Co. KG., Cantel Medical Corporation and Veolia Water Technologies
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The report provides comprehensive assessment of competitive landscape and covers profiling of the key players along with their product portfolios and business strategies. It highlights recent mergers and acquisition, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. The research report is an investigative study providing a conclusive view of the Laboratory Filtration business sphere by an in-depth segmentation of the market into key applications, types, and regions.
Laboratory Filtration Market Segmentation based on Types:
Technology (Revenue in USD Million; 2016–2026)
- Microfiltration
- Reverse Osmosis
- Ultrafiltration
- Vacuum Filtration
- Nanofiltration
Product Type (Revenue in USD Million; 2016–2026)
- Filtration Assemblies
- Microfiltration Assemblies
- Reverse Osmosis Assemblies
- Ultrafiltration Assemblies
- Vacuum Filtration Assemblies
- Others
- Filtration Media
- Filter Papers
- Cellulose Filter Papers
- Glass Microfiber Filter Papers
- Quartz Filter Papers
- Membrane Filters
- Syringe Filters
- Syringeless Filters
- Capsule Filters
- Filtration Microplates
- Others
- Filtration Accessories
- Filter Holders
- Filter Funnels
- Filter Dispensers
- Filter Flasks
- Filter Housings
- Cartridges
- Vacuum Pumps
- Seals
- Other Accessories
End Use (Revenue in USD Million; 2016–2026)
- Pharmaceutical Biopharmaceutical Companies
- Academic Research Institutes
- Food Beverage Companies
- Hospital Diagnostic Laboratories
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Further key findings from the report suggest
- Laboratory Filtration market is growing at a CAGR of 5% in Asia-Pacific followed by North America Europe, with 7.0% and 6.9% CAGR, respectively.
- Currently, North America dominates the market for Laboratory Filtration, followed by Asia-Pacific and then Europe. Not much increase in the share of regions of MEA Latin America is expected in the forecast period.
- Growing research activities in pharmaceutical and biopharmaceutical industries and increasing usage of filtration products are also contributing to the growth of the laboratory filtration market. Clinical research in pharmaceutical companies and scientific institutions are resulting in the development of new medicines, which is also helping the market growth.
- Filtration technology is a lively dynamic field where academic centers, corporate RD labs and government research provide highly innovative developments. These factors are expected to boost the market positively during the forecast period.
To provide an in-depth analysis of the global Laboratory Filtration market with regards to its growth opportunities, production and consumption ratio, supply and demand, and export and import ratio, the market report offers key statistical data across the leading regions of the global Laboratory Filtration market.
Key Regions Covered in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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