The laboratory filtration market is expected to reach USD 3.6 billion by
2024, according to a new report by Grand View Research, Inc. The increasing
number of target diseases such as water-borne diseases, immunodeficiency
diseases, and cancer is anticipated to boost the market growth. The increasing
use of filtration technologies such as microfiltration, nanofiltration, and
ultrafiltration in water purification plants is expected to enhance growth in
this sector.
Technological advancements in filtration products have resulted in an
increase in the adoption rate of these products in clinical laboratories for
research purposes. The products introduced provide benefits such high
reliability, competency, and high throughput over the conventional methods. For
instance, Merck Millipores millex syringe filters filter small-volume filtrates
and these filters are ideally used for antibiotics and tissue culture
additives.
In depth research report
on Laboratory Filtration Market
Further Key Findings From
the Study Suggest:
·
The filtration media segment dominated this market in 2015, with a
revenue share of over 40%.The large share is attributed to its cost-effective
nature, higher efficiency, and reliability for industrial bioprocessing.
·
Microfiltration assemblies dominated the assembly segment in 2015. Some
of the benefits associated with microfilters such as easier availability,
portability, and easier disposal make them the highly preferred technology.
·
The microfiltration technology segment held the largest share in 2015,
owing to the increasing application of microfiltration in industrial
biotechnology and associated research.
·
North America dominated the overall market with a revenue share of over
42% in 2015, owing to the presence of well-equipped laboratories for life
science research, increasing investments in R&D, and the presence of
government funding programs for laboratory filter membrane business owners.
·
Asia Pacific is anticipated to be the fastest growing region with a CAGR
of over 8.3%in the forecast period.Factors such as economic development,
untapped market opportunities, new emerging market, and advancing healthcare
system with the aid of supportive government initiatives are anticipated to
assist in growth.
·
The presence of major market players enhances the penetration of
laboratory filtration product in the market. Some of the key players are Merck
Millipore, Sigma-Aldrich, GE Healthcare, Thermo Fisher Scientific, Sartorius
Group, 3M Company, Cantel Medical Corporation, Macherey-Nagel Gmbh& Co. Kg.
·
The key players are entering into collaborations such as mergers and
acquisitions with other key players to increase their market share. For
instance, in November 2015, Merck Millipore acquired Sigma-Aldrich to enhance
its life science segment, and this business segment based in the U.S. is named
as MilliporeSigma.
Grand View Research has segmented the laboratory filtration market on the
basis of product, technology, and region:
Global Laboratory
Filtration Market Product Outlook, by Revenue (USD Million, 2015 - 2024)
·
Filtration Media
o
Membrane Filters
o
Filter Paper
§ Quartz Filter
§ Cellulose Filter Papers
§ Glass Microfiber Filter Papers
o
Syringe Filters
o
Syringeless Filters
o
Capsule Filters
o
Filtration Microplates
o
Other Filtration Media
·
Filtration Assemblies
o
Ultrafiltration Assemblies
o
Microfiltration Assemblies
o
Vacuum Filtration Assemblies
o
Reverse Osmosis Assemblies
o
Other Filtration Assemblies
·
Filtration Accessories
o
Filter Holders
o
Filter Dispensers
o
Filter Flasks
o
Cartridge Filters
o
Filter Funnels
o
Filter Housings
o
Seals
o
Vacuum Pumps
o
Other Laboratory Filtration Accessories
Global Laboratory
Filtration Market Technology Outlook (USD Million, 2013 - 2024)
·
Microfiltration
·
Nanofiltration
·
Vacuum Filtration
·
Ultrafiltration
·
Reverse Osmosis
Laboratory Filtration
Market Regional Outlook, by Revenue (USD Million, 2013 - 2024)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
·
Latin America
o
Brazil
·
MEA
o
South Africa
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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