Global Laboratory Filtration Market to Grow at 7% During 2024-2032, Impelled by Increasing Investments in Research and Development

July 19, 2021 | Medical Devices

According to the latest report by IMARC Group, titled "Laboratory Filtration Market Report by Product Type (Filtration Accessories, Filtration Media, Filtration Assemblies), Technique (Microfiltration, Ultrafiltration, Reverse Osmosis, Vacuum Filtration, and Others), End User (Pharmaceutical and Biopharmaceutical Companies, Academic and Research Institutes, Hospitals and Diagnostic Laboratories, and Others), and Region 2024-2032," the global laboratory filtration market is expected to exhibit a CAGR of 7% during 2024-2032. Laboratory filtration refers to a physical or mechanical operation that is widely utilized for the separation of solids from liquids or gases. This is commonly done by interposing a medium via which only fluids can pass. The primary components of a filter generally include a filter medium and a holder that is used to contain the sample. Some of the most extensively utilized laboratory filtration mediums include membrane, syringe and vacuum filters that are employed for numerous techniques, such as nanofiltration, reverse osmosis, ultrafiltration, vacuum filtration, and microfiltration.

Global Laboratory Filtration Market Trends:

The global market is primarily driven by considerable growth in the pharmaceutical industry. Since laboratory filtration is utilized in the sector for research and development (R&D) activities and ensuring purity and sterility for drug discovery, this is creating a positive outlook for the market. This is further supported by the increasing investments by public and private agencies in R&D in the field of biopharmaceuticals. Moreover, these filtration techniques also find widespread applications in the food and beverages sector for separating solids from fluids and clarifying liquids. The market is further driven by the advent of cost-effective and convenient filtration solutions that are expected to assist researchers and laboratories in maximizing their work efficiency. Some of the other factors contributing to the market growth include continual advancements in filtration technologies and the rising demand for higher purity results from the pharmaceuticals and biopharmaceuticals sectors.

Market Summary:

On the basis of the product type, the market has been divided into filtration accessories (filter funnels, filter holders, filter flasks, filter dispensers, cartridges, filter housings, seals, vacuum pumps, others) media (glass microfiber filter papers, cellulose filter papers, membrane filters, quartz filter papers, syringeless filters, syringe filters, filtration microplates, capsule filters, others) and assemblies.
Based on the technique, the market has been classified into microfiltration, ultrafiltration, reverse osmosis, vacuum filtration, and others.
On the basis of the end user, the market has been categorized into pharmaceutical and biopharmaceutical companies, academic and research institutes, hospitals and diagnostic laboratories, and others.
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include the 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.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, Technique, End User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Laboratory Filtration Market to Grow at 7% During 2024-2032, Impelled by Increasing Investments in Research and Development

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