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.
Browse full research report on Laboratory Filtration Market: www.grandviewresearch.com/industry-analysis/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.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/biotechnology
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
- Membrane
Filters
- Filter Paper
- Quartz
Filter
- Cellulose
Filter Papers
- Glass
Microfiber Filter Papers
- Syringe
Filters
- Syringeless
Filters
- Capsule
Filters
- Filtration
Microplates
- Other
Filtration Media
- Filtration
Assemblies
- Ultrafiltration
Assemblies
- Microfiltration
Assemblies
- Vacuum
Filtration Assemblies
- Reverse
Osmosis Assemblies
- Other
Filtration Assemblies
- Filtration
Accessories
- Filter
Holders
- Filter Dispensers
- Filter
Flasks
- Cartridge
Filters
- Filter
Funnels
- Filter
Housings
- Seals
- Vacuum Pumps
- 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- MEA
- South Africa
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, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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