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: https://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
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/laboratory-filtration-market/request/rs1
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 info visit @ https://www.grandviewresearch.com
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