San Francisco, Nov 14 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/disinfectants-and-preservatives
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
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-laboratory-filtration-market
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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