What is Laboratory Filtration Market Scope?
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.
Laboratory Filtration Market Dynamics:
- Rising Application of Filtration Technologies in Different Laboratories
- Growing Research Activities for Pharmaceutical and Biopharmaceutical
- Rising R&D spending in pharmaceutical & biotechnology industries
- Increasing Prevalence of Chronic Diseases
- Raising Adoption of ultrafiltration in Food Processing Industry
- Requirement of Large Capital Investments for Production Facilities
- Lack of favorable reimbursement scenario
|Road Blocks / Challenges|
- High Cost of Raw Material
|Gaps & Opportunities|
- New Transforming and Innovative Technology in Lab Filtration
- Advances in Nanofiber Technology
The Laboratory Filtration market study is being classified, by Application and major geographies with country level break-up. According to AMA, the Global Laboratory Filtration market is expected to see growth rate of 7.9% and may see market size of USD6.9 Billion by 2027.
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. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Laboratory Filtration market throughout the predicted period.
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), Macherey-Nagel GmbH & Co. KG. (Germany), Cantel Medical Corporation (United States) and Filtros Anoia, SA (Spain) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Laboratory Filtration market by Type, Application 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).
Market Influencers and their Development Strategies
On May 16, 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 AudienceManufacturers of Laboratory Filtration, Suppliers of Laboratory Filtration, Wholesalers, Distributors and Retailers of Laboratory Filtration, Healthcare Industry, Research Organization, Laboratories and Governmental Bodies
Laboratory Filtration Market Study: Important Years
|Unit||Value (USD Billion)|
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