Laboratory Filtration Market to be dominated by Microfiltration through 2028
The growing focus on
development of biopharmaceutical molecules is expected to drive the growth of Global
in Laboratory Filtration the forecast period, 2024-2028.
According to TechSci Research report, “Laboratory Filtration Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028”, global Laboratory
Filtration market is anticipated to grow at an impressive rate in the forecast
period, 2024-2028. This can be ascribed to the growing demand for membrane
filtration in the biopharmaceutical and food & beverage industry. Additionally,
growing development of sophisticated separation techniques for
ultra-purification along with the growing use of analytical equipment and the
increasing need for higher separation products during downstream processing is
expected to boost the growth of the market during the forecasted period. Also, the
growing usage of filtration techniques in the clinical laboratories are anticipated
to boost the growth of the market over the years. Besides, the growing demand
for lab filtration in the development of biological molecules and an increase
in the manufacturing of generics in the developing countries is a major factor
that will propel the growth of the market over the years. Similarly, the growing
demand for advance products for treatment of various diseases and to develop
these molecules wide range of laboratories are expected to enhance the demand
for the growth of laboratory filtration market over the years.
However, the
high cost of laboratory filtration equipment along with lack of awareness about
usage of laboratory filtration in the different labs may slow down the growth
of the Global Laboratory Filtration market in the forecast period. Also, technological
developments and alternative technologies can further restrict the growth of the
Global Laboratory Filtration market. Similarly, high capital investments for
setting up production facilities may hamper the growth of the market during the
forecasted period.
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Global Laboratory Filtration market can be
segmented by product, technique, end user and region.
Based on the product, the global laboratory filtration
market can be segmented into filtration media, filtration accessories, filtration assemblies. The filtration media segment dominated the
market in 2022 and is expected to continue maintaining its dominance throughout
the forecast period. This can be ascribed to the growing application of
filtration in the food processing industry, water purification systems and
protein bio separation. Also, growing application in microbial analysis,
microfiltration and ultrafiltration is expected to boost the growth of the
market during the forecasted period.
Based on technique, the market can be segmented
into nanofiltration,
ultrafiltration, microfiltration, reverse osmosis, and vacuum filtration. The microfiltration segment is expected to
dominate during the forecast period on account of the increasing demand for usage
in cold sterilization of API and enzymes and for the separation of solid liquid
phases in different industries. Also, growing application in cell harvesting
from fermentation broths, fractionation of milk proteins, corn syrup
clarification and CIP chemical recovery.
Major companies operating in the Global Laboratory
Filtration market are:
- Agilent
Technologies Inc.
- The 3M Company.
- Danaher Corporation.
- Sterlitech Corporation.
- Merck KGAA.
- Sartorius AG.
- Antylia Scientifc.
- Steris Plc.
- Thermo fisher scientificInc.
- Veolia Water
Technologies.
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“North America is expected to dominate in the Global Laboratory Filtration market
on account due to the growing government funding for basic research. Also, the increasing
incidence of target diseases and rising need for developing novel therapeutics
for these diseases are some of the major factors driving the growth of the
market over the years. Furthermore, presence of a large number of drug manufacturers
and the growing initiatives of food and beverages companies on launching
quality products is driving the market growth. Besides, pharmaceutical and
biotechnology companies use laboratory separation products for the development
of new medications which will further increase the demand for laboratory
filtration market growth” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Laboratory
Filtration Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Filtration Media, Filtration Accessories,
Filtration Assemblies), By Technique (Nanofiltration, Ultrafiltration,
Microfiltration, Reverse Osmosis, Vacuum Filtration), By End User
(Pharmaceutical & Biotechnology Companies, Hospitals & Diagnostic Laboratories,
Foods & Beverages Industry), By
Region and Competition”, has evaluated
the future growth potential of global laboratory filtration market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global laboratory filtration market.
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