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.
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Rise in population growth will increase demand, which will require increased production and increases in manufacturing efficiency for industrial products, foods and beverages, transportation, and infrastructure. Laboratory Filtration solutions are used in procedures such as drug screening, DNA and protein separation, cell culture, and filtration processes. Flourishing biopharmaceutical research activities and the desire for rapid drug commercialization are the prime drivers of the laboratory filtration market. Transformative advances in healthcare in recent years are allowing people to live longer, healthier, and more productive lives.
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 R&D labs and government research provide highly innovative developments. These factors are expected to boost the market positively during the forecast period.
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Key Players covered in this 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
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
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- The Laboratory Filtration industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
- Laboratory Filtration industry development trends, marketing channels, feasibility of new investment projects, and overall conclusions of research are presented.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
As a valuable source of guidance and direction for companies and individuals interested in the market, the report provides key statistics on the state of the industry through tables and figures. - Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
- This report also analyzes production processes, production costs and import/export figures, as well as cost, price, revenue and gross margins, as well as development policies
- The Laboratory Filtration Market report provides key statistics on the market status of the Laboratory Filtration manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
As well as providing key statistics on the market status of the Laboratory Filtration manufacturers, the Laboratory Filtration Market report provides valuable guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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