About Laboratory Filtration
Filtration is a technique which is used to separate solids from liquids or can be defined as the act of pouring a mixture onto a membrane (filter paper) that permits the passage of liquid (the filtrate) and collect of the solid part of the solution. The filter medium may be a surface filter, which is a solid that traps solid particles, or a depth filter, which is a bed of material that traps the solid. Filtration is inevitable in various application. It is an essential step in the field of life science, pharmaceuticals, environmental monitoring and industrial quality control.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 7.9% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Laboratory Filtration market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sartorius AG (Germany), Cole-Parmer India Pvt. Ltd. (India), Sigma-Aldrich (United States), Merck Millipore (United States), GE Healthcare (United Kingdom), Rocker Scientific Co., Ltd. (Taiwan), Thermo Fisher Scientific (United States), 3M Purification, Inc. (United States) and Macherey-Nagel GmbH & Co. KG. (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cantel Medical Corporation (United States), Filtros Anoia, SA (Spain) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Laboratory Filtration market by , Application (Pharmaceutical & Biotechnology, Chemical, Colour & Coating, Food & Beverages, Mineral Oil, Healthcare and Others) and Region.
On the basis of geography, the market of Laboratory Filtration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Depth Filtration will boost the Laboratory Filtration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Methods, the sub-segment i.e. Filter Paper will boost the Laboratory Filtration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Prevalence of Chronic Diseases and Raising Adoption of ultrafiltration in Food Processing Industry
Market Growth Drivers:
Rising Application of Filtration Technologies in Different Laboratories, Growing Research Activities for Pharmaceutical and Biopharmaceutical and Rising R&D spending in pharmaceutical & biotechnology industries
Challenges:
High Cost of Raw Material
Restraints:
Requirement of Large Capital Investments for Production Facilities and Lack of favorable reimbursement scenario
Opportunities:
New Transforming and Innovative Technology in Lab Filtration and Advances in Nanofiber Technology
Market Leaders and their expansionary development strategies
In May 2019- Thermo Fisher Scientific Inc., the world leader in serving science, has announced that it has entered into a definitive agreement to acquire a drug substance manufacturing site in Cork, Ireland, from GlaxoSmithKline plc. The Cork site will expand capacity to meet customer demand for the development and commercial manufacturing of complex active pharmaceutical ingredients (APIs).
In September 2020, Merck Millipore donated Eijkman Institute for Molecular Biology research instruments and materials worth 1.2 billion to expedite the process of vaccine development.
Key Target Audience
Manufacturers of Laboratory Filtration, Suppliers of Laboratory Filtration, Wholesalers, Distributors and Retailers of Laboratory Filtration, Healthcare Industry, Research Organization, Laboratories and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.