Growing investments in biopharmaceutical research projects, and intention to obtain approval for drug commercialization are leading to demand for laboratory filtration, which are key factors driving market revenue growth.
Market Size - USD 2,757.9 Million in 2020, Market Growth - CAGR of 7.9%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global laboratory filtration market size is expected to reach USD 5,077.2 Million in 2028, and register a CAGR of 7.9% during the forecast period. Constant technological developments in the field, increasing scope of applications of laboratory filtration in pharmaceuticals and bio-technological, and food and beverage industry, and increasing research activities in academic & research institutes are major factors expected to drive market growth.
Laboratory filtration is an essential process in pharmaceuticals, and bio-scientific laboratories to separate unwanted solids from the liquid substances. Filtration is used in various procedures including drug screening, protein and DNA separation, filtration processes, and cell culture, among others. This is another major factors expected to drive growth of the global laboratory filtration market.
Some Key Findings From the Report:
For the purpose of this report, the global laboratory filtration market is segmented on the basis of product type, technology, end use and region:
Product Type Outlook (Revenue, USD Million; 2018 - 2028)
Cellulose Filter Papers
Glass Microfiber Filter Papers
Quartz Filter Papers
Technology Outlook (Revenue, USD Million; 2018 - 2028)
End Use Outlook (Revenue, USD Million; 2018 - 2028)
Region Outlook (Revenue, USD Million; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 2,757.9 Million in 2020, Market Growth - CAGR of 7.9%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global laboratory filtration market size is expected to reach USD 5,077.2 Million in 2028, and register a CAGR of 7.9% during the forecast period. Constant technological developments in the field, increasing scope of applications of laboratory filtration in pharmaceuticals and bio-technological, and food and beverage industry, and increasing research activities in academic & research institutes are major factors expected to drive market growth.
Laboratory filtration is an essential process in pharmaceuticals, and bio-scientific laboratories to separate unwanted solids from the liquid substances. Filtration is used in various procedures including drug screening, protein and DNA separation, filtration processes, and cell culture, among others. This is another major factors expected to drive growth of the global laboratory filtration market.
Some Key Findings From the Report:
- Among the technology segments, the microfiltration segment accounted for the largest revenue share of 35.4% in 2020, due to rapidly growing food and beverage industry and rising use of microfiltration for quality assurance. The ultrafiltration segment is expected to register the highest revenue growth rate during the forecast period.
- The Asia Pacific market accounted for third-largest revenue share, which was valued at USD 634.3 Million in 2020, and is expected to register a significantly high revenue growth rate over the forecast period.
- Key players profiled in the report include Global Laboratory filtration Market, such as 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. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global laboratory filtration market is segmented on the basis of product type, technology, end use and region:
Product Type Outlook (Revenue, USD Million; 2018 - 2028)
- 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
Technology Outlook (Revenue, USD Million; 2018 - 2028)
- Microfiltration
- Reverse Osmosis
- Ultrafiltration
- Vacuum Filtration
- Nano Filtration
End Use Outlook (Revenue, USD Million; 2018 - 2028)
- Pharmaceutical & Biopharmaceutical Companies
- Academic & Research Institutes
- Food & Beverage Companies
- Hospital & Diagnostic Laboratories
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Laboratory Filtration Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Laboratory Filtration Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Laboratory Filtration Segmentation & Impact Analysis
Chapter 5. Laboratory Filtration Market By Technology Type Insights & Trends
Chapter 6. Laboratory Filtration Market By Product Type Insights & Trends
Chapter 7. Laboratory Filtration Market By End-Use Type Insights & Trends
Chapter 8. Laboratory Filtration Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Sigma-Aldrich
- Merck Millipore
- Thermo Fisher Scientific
- GE Healthcare
- 3M Purification Inc.
- Sartorius Group
- Macherey-Nagel GmbH & Co. KG.
- Cantel Medical Corporation
- Veolia Water Technologies