The global laboratory filtration market reached a value of US$ 3.5 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 5.7 Billion by 2027, exhibiting a CAGR of 8.07% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Filtration is a basic separation technique that is used for removing solid particles from liquids or gaseous fluids. The primary components of a filter include a filter medium and a housing or holder that contains the sample, as well as keeps the medium in its path. Nowadays, a wide variety of laboratory filtration media are available in the market, such as membrane, syringe and vacuum filters. Membrane filters comprise thin, porous materials that allow certain compounds to pass through, whereas syringe filters are used for removing particles from samples before entering a syringe. On the other hand, vacuum filters are used in microbiological and analytical procedures to collect particulate matter from a liquid suspension.
One of the primary factors driving the market is sustained growth in the pharmaceutical industry across the globe. Laboratory filtration is widely used for ensuring purity and sterility for drug discovery, development and manufacturing; microbial analysis and removal; water purification; and life sciences research in the pharmaceutical industry. It also finds wide applications in the food and beverage industry to clarify liquid products and separate liquids from solids. As a result, the continuous growth in the food and beverage industry represents a key growth-inducing factor. Apart from this, leading manufacturers are offering cost-effective and easy filtration solutions for researchers and laboratories to maximize their efficiency. Furthermore, the advancements in filtration technology, higher purity requirements and the need to develop large-molecule biopharmaceuticals are some of the other factors contributing to the growth of the industry.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global laboratory filtration market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, technique and end user.
Breakup by Technique: Microfiltration Ultrafiltration Reverse Osmosis Vacuum Filtration Others
Breakup by End User: Pharmaceutical and Biopharmaceutical Companies Academic and Research Institutes Hospitals and Diagnostic Laboratories Others
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being 3M Company, Agilent Technologies, Inc., Cantel Medical Corp., Danaher Corporation, GE Healthcare Inc., GEA Group, MACHEREY-NAGEL GmbH & Co. KG, MANN + HUMMEL Group, Sartorius AG, Sigma-Aldrich Corporation, Sterlitech Corporation and Thermo Fisher Scientific.
Key Questions Answered in This Report: How has the global laboratory filtration market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global laboratory filtration market? What are the key regional markets? What is the breakup of the market based on the product type? What is the breakup of the market based on the technique? What is the breakup of the market based on the end user? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global laboratory filtration market and who are the key players? What is the degree of competition in the industry?
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