Global Laboratory Filtration Market Segmentation, By Product Type (Filtration Media, Filtration Assemblies, Filtration Accessories, Others), Technology (Microfiltration, Ultrafiltration, Vacuum Filtration, Nano Filtration, Reverse Osmosis), End User (Pharmaceutical and Biotechnology Companies, Hospital and Diagnostic Laboratories, Food and Beverage Companies, Academic Institutes, Academic and Research Institutes, Others) – Industry Trends and Forecast to 2031
Laboratory Filtration Market Analysis
Rising number of lab-related research and development activities is directly influencing the laboratory filtration market. A wide array of devices are used in the laboratory filtration process. Filtration applies to every term namely, mechanical, biological and physical. Laboratory filtration is gaining popularity as it can filter huge volume of liquid at a single point of time.
Laboratory Filtration Market Size
Global laboratory filtration market size was valued at USD 4.25 billion in 2023 and is projected to reach USD 8.29 billion by 2031, with a CAGR of 8.70% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Laboratory Filtration Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Players
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ALFA LAVAL (Sweden), Merck Millipore (US), Danaher. (US), Sartorius AG (Germany), 3M (US), GEA Group Aktiengesellschaft (Germany), STERIS plc (US), Thermo Fisher Scientific Inc. (US), Veolia Water Technologies (France), Avantor, Inc (US), GVS S.p.A (Italy), MANN+HUMMEL (Germany), Agilent Technologies, Inc (US), Ahlstrom-Munksjö (Finland), MACHEREY-NAGEL GmbH & Co. KG (Germany), AMD Manufacturing, Inc. (Canada), Koch Separation Solutions (US), Cole-Parmer (US), AQUAPORIN A/S (Denmark) and Sterlitech Corporation (US)
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Laboratory Filtration Market Definition
From the name itself, it is clear that laboratory filtration is a process that is used in the mechanical and physical separation of solids from liquids or gases. This filtration is made possible with the help of suspension of the given sample by introducing a medium through which only gas or liquid can pass. This technique is highly used in the liquid purification process.
Laboratory Filtration Market Dynamics
Drivers
- Rising technological advancements
Surging demand for membrane filtration technology coupled with the rising number of research laboratories in the developing economies is inducing a push in the market growth rate. Further, increasing purity requirements by the end-user segments is carving the way for the growth of the market.
- Research and development proficiencies
Rising expenditure for research and development proficiencies especially in the developed and developing economies pertaining to the medical instruments and devices will further create lucrative market growth opportunities. Research and development proficiencies being conducted by pharmaceutical and biopharmaceutical countries for the integration of advanced technologies in the healthcare facilities is also bolstering the market growth rate.
- Government investments on healthcare infrastructure
The increase in the funding by the federal government is set to drive the market growth rate. Moreover, growth and expansion of healthcare industry being driven by both public and private players especially in the developing economies will create lucrative market growth opportunities. Also, high return on investments assured by the research activities will also work in the favour of the market.
Additionally, growing expenditure on the development of nano-fibre technology that offers greater flexibility, control, and durability, surge in the personal disposable income level, introduction of technologically driven products in hospitals, increasing investment for the development of advanced medical products and devices and increase in demand for high production filtration products during the down streaming process, positively affect the market growth rate.
Opportunities
Furthermore, upsurge in the public-private funding for target research activities, introduction of sophisticated filtration methods for ultra-purification and rising product innovations and development owing to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2024 to 2031. Additionally, surging number of strategic collaborations, rising internet penetration rate, growing number of hospitals and laboratories, growing usage of analytical instruments by researchers and scientists and increasing per capita expenditure on health care will further expand the market's growth rate in the future.
Restraints/Challenges
On the other hand, high cost associated with the research and development proficiencies, limited infrastructural facilities and requirement of huge volume of raw material are expected to obstruct market growth. Also, lack of favourable reimbursement scenario and technology penetration in the developing economies, requirement for high capital investments for setting up production facilities, high price sensitivity among end users, and lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2024-2031.
This laboratory filtration market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the laboratory filtration market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Laboratory Filtration Market
COVID-19 has significantly and positively impacted the market. Increasing concerns related to maintaining health and hygiene in this phase has led to carving the way for the growth of this market. Huge rise in the demand from end users such as food and beverages, healthcare and wastewater treatment facilities has propelled the market demand and supply. Further, rising number of vaccine development activities in this phase directly propelled the demand for laboratory filtration. Vaccine development induced high demand for various filtration techniques and materials.
Global Laboratory Filtration Market Scope
The laboratory filtration market is segmented on the basis of product type, technology and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Filtration Media
- Membrane Filters
- Filter Papers
- Cellulose Filter Papers
- Glass Microfiber Filter Papers
- Quartz Filter Papers
- Filtration Microplates
- Syringeless Filters
- Syringe Filters
- Capsule filters
- Others
- Filtration Assemblies
- Microfiltration Assemblies
- Ultrafiltration Assemblies
- Reverse Osmosis Assemblies
- Vacuum Filtration Assemblies
- Filtration Accessories
- Filter Holders
- Filter Flasks
- Filter Funnels
- Filter Dispensers
- Cartridge Filters
- Filter Housings
- Vacuum Pumps
- Seals
- Others
- Others
Technology
- Microfiltration
- Ultrafiltration
- Vacuum Filtration
- Nano Filtration
- Reverse Osmosis
End User
- Pharmaceutical and Biotechnology Companies
- Hospital and Diagnostic Laboratories
- Food and Beverage Companies
- Academic Institutes
- Academic and Research Institutes
- Others
Laboratory Filtration Market Regional Analysis
The laboratory filtration market is analysed and market size insights and trends are provided by country, product type, technology and end user as referenced above.
The countries covered in the laboratory filtration market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the laboratory filtration market because of the strong base of healthcare facilities, rising investment from key players in the growth of the advanced devices, growing number of processes pertaining to drug development, stringent regulatory scenario in the pharmaceutical industry and rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the increase in government initiatives to promote awareness, rise in medical tourism, growing research activities in the region and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Laboratory Filtration Market Share
The laboratory filtration market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to laboratory filtration market.
Laboratory Filtration Market Leaders Operating in the Market Are:
- ALFA LAVAL (Sweden)
- Merck Millipore (US)
- Danaher. (US)
- Sartorius AG (Germany)
- 3M (US)
- GEA Group Aktiengesellschaft (Germany)
- STERIS plc (US)
- Thermo Fisher Scientific Inc. (US)
- Veolia Water Technologies (France)
- Avantor, Inc (US)
- GVS S.p.A (Italy)
- MANN+HUMMEL (Germany)
- Agilent Technologies, Inc (US)
- Ahlstrom-Munksjö (Finland)
- MACHEREY-NAGEL GmbH & Co. KG (Germany)
- AMD Manufacturing, Inc. (Canada)
- Koch Separation Solutions (US)
- Cole-Parmer (US)
- AQUAPORIN A/S (Denmark)
- Sterlitech Corporation (US)
Latest Developments in Laboratory Filtration Market
- In September 2020, Merck Millipore donated Eijkman Institute for Molecular Biology (Indonesia) research instruments and materials worth IDR 1.2 billion (USD 0.086 million) to expedite the process of vaccine development.
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