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The global Laboratory Filtration Marketwas valued at USD 1.96 billion in 2016 and is projected to reach USD 3.63billion by 2025, growing at a CAGR of 7.12% from 2017 to 2025.
Laboratory filtration is connected to R&D sector of pharmaceutical and biotech industries to a large extent. The availability of funds is also a driver to the market. However, the market has a potential to rise, if the Stringency of Govt. Regulations decreases.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing demand for purification by end users
1.2 Growingresearch on large molecule biopharmaceuticals
1.3 Increasing fund in R&D
2. Market Restraints
2.1 Stringency in Govt. Reforms and regulations
2.2 Need for higher investment
Market Segmentation:
1. Global Laboratory Filtration Market, by Product:
1.1 Filtration Media
1.1.1 Membrane Filters
1.1.2 Filter Papers
1.1.2.1 Cellulose Filter Papers
1.1.2.2 Glass Microfiber Filter Papers
1.1.2.3 Quartz Filter Papers
1.1.3 Filtration Microplates
1.1.4 Syringeless Filters
1.1.5 Syringe Filters
1.1.6 Capsule Filters
1.1.7 Other Filtration Media
1.2 Filtration Assemblies
1.2.1 Microfiltration Assemblies
1.2.2 Ultrafiltration Assemblies
1.2.3 Reverse Osmosis Assemblies
1.2.4 Vacuum Filtration Assemblies
1.2.5 Other Filtration Assemblies
1.3 Filtration Accessories
1.3.1 Filter Holders
1.3.2 Filter Flasks
1.3.3 Filter Funnels
1.3.4 Filter Dispensers
1.3.5 Cartridge Filters
1.3.6 Vacuum Pumps
1.3.7 Filter Housings
1.3.8 Seals
1.3.9 Other Laboratory Filtration Accessories
2. Global Laboratory Filtration Market, by Technology:
2.1 Microfiltration
2.2 Ultrafiltration
2.3 Reverse Osmosis
2.4 Vacuum Filtration
2.5 Nanofiltration
3. Global Laboratory Filtration Market, by End User:
3.1 Pharmaceutical & Biopharmaceutical Companies
3.2 Academic & Research Institutes
3.3 Food & Beverage Companies
3.4 Hospital and Diagnostic Laboratories
4. Global Laboratory Filtration Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Merck Millipore
2. Pall Corporation
3. Sartorius Group
4. 3M Company
5. GE Healthcare
6. Cantel Medical Corporation
7. Thermo Fisher Scientific, Inc.
8. Sigma-Aldrich Corporation
9. Veolia Water Technologies
10. Macherey-Nagel Gmhb& Co. Kg
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Laboratory Filtration Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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