The global laboratory filtration market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
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.
Laboratory Filtration Market Trends:
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:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laboratory filtration market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, technique and end user.
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.
Base Year of the Analysis
Product Type, Technique, End User, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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
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Key Questions Answered in This Report
The global laboratory filtration market was valued at US$ 3.8 Billion in 2022.
We expect the global laboratory filtration market to exhibit a CAGR of 7.9% during 2023-2028.
The rising application of laboratory filtration as cost-effective and easy filtration solution for researchers and laboratories to maximize their efficiency is primarily driving the global laboratory filtration market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of laboratory filtration solution across the pharmaceutical sector in developing novel vaccines to combat the risk of the coronavirus infection.
Based on the product type, the global laboratory filtration market can be categorized into filtration accessories, filtration media, and filtration assemblies. Among these, filtration media accounts for the majority of the global market share.
Based on the technique, the global laboratory filtration market has been segregated into microfiltration, ultrafiltration, reverse osmosis, vacuum filtration, and others. Currently, microfiltration technique holds the largest market share.
Based on the end user, the global laboratory filtration market can be bifurcated into pharmaceutical and biopharmaceutical companies, academic and research institutes, hospitals and diagnostic laboratories, and others. Among these, pharmaceutical and biopharmaceutical companies exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global laboratory filtration market include 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.
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