The Rising Application of Laboratory Filtration is Evolving the Global Market to Reach Around 6.87% of CAGR by 2027
“According to the new market research report published by Inkwood Research, the global laboratory filtration market is growing at a CAGR of 6.87% throughout the forecasting years of 2019-2027.”
“Browse 22 market Data Tables and 57 Figures spread over 90 Pages, along with an in-depth TOC on global laboratory filtration market forecast 2019-2027.”
Laboratory filtration is the use of various mechanical, physical and biological operations that separate solids from fluids (liquids or gasses). Its various applications include lab-scale DNA, protein separation and analysis, drug screening, cell culturing and virus removal. The increasing research activities in the biopharmaceutical industry is boosting the growth of the global lab filtration market. Furthermore, rapid technological developments, increasing diagnostic application, increasing demand from end-users are some of the other factors augmenting the market growth globally.
Membrane filtration is a technology which uses a physical barrier called membrane or filter to separate solids from the liquid. This filtration process has been increasingly used in the food and beverages industry because of properties like concentration, purification, fraction and clarification. This filtration process enhances the quality of food and specific beverages like beer and various juice products. Thus, the usage of membrane filtration technology in food & beverages is augmenting demand for laboratory filtration market.
To learn more about this report, request a free sample copy
Filtration media is the highly adopted product type in the global laboratory filtration market
Laboratory filtration market is segmented into three product types, which include filtration media, filtration assembly and filtration accessories; Filtration media is the largest among the three product types. Filtration media is used in medical application, protection and sterilization paper. It also includes application like membrane filters, filter papers, syringeless filters, capsule filters, filtration microplates and syringe filters.
North America: the prime contributor in the global laboratory filtration market
The North America region was the highest contributor to the global laboratory filtration market in 2018. The growth in this region is due to growing investments in research and testing in the U.S and the presence of key vendors of laboratory filtration product companies. Moreover, the rising usage of ultrafiltration and microfiltration technologies in research labs, the improved infrastructure of labs and clinics in the U.S. is further augmenting the growth of the market in the region.
The top players in the global laboratory filtration market are Sartorius Group, Sigma-Aldrich Corporation, 3M Company, Merck Millipore, Macherey-Nagel, Thermo-Fisher Scientific, Cantel Medical Corporation, Pall Corporation, GE Healthcare. These players are focusing on various strategies for development such as product launch, mergers, acquisitions, partnerships, joint ventures and business expansions to sustain their presence in the market.
About Inkwood Research
Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy; with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.