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.
Access Research Report of 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 at: 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
o Membrane Filters
o Filter Paper
o Quartz Filter
o Cellulose Filter Papers
o Glass Microfiber Filter
Papers
o Syringe Filters
o Syringeless Filters
o Capsule Filters
o Filtration Microplates
o Other Filtration Media
·
Filtration
Assemblies
o Ultrafiltration
Assemblies
o Microfiltration
Assemblies
o Vacuum Filtration Assemblies
o Reverse Osmosis
Assemblies
o Other Filtration
Assemblies
·
Filtration
Accessories
o Filter Holders
o Filter Dispensers
o Filter Flasks
o Cartridge Filters
o Filter Funnels
o Filter Housings
o Seals
o Vacuum Pumps
o 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
o U.S.
o Canada
·
Europe
o UK
o Germany
·
Asia
Pacific
o Japan
o China
·
Latin
America
o Brazil
·
MEA
o South Africa
Access Press Release of
Laboratory Filtration Market@: 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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