According to SPER Market Research, the Laboratory Filtration Market is estimated to reach USD 6.84 billion by 2030 with a CAGR of 7.4%. Increasing investment in research & development by the pharmaceutical & biopharmaceutical industry, rising demand for membrane filtration technology, growing purity needs in end-user segments, increasing focus on developing large-molecule in biopharmaceuticals; are the key factors for the escalation of this market.
Technological advancements and substitute technologies, high price sensitivity amongst end users, high capital investments in manufacture amenities; are the challenges to the market.
Advancement in nano-fiber technology, emerging market potentials offer enormous opportunities to players in this market.
The filtration media segment, Pharmaceutical & biopharmaceutical companies dominated the biggest share of the market from product and end-users segment respectively.
North America dominates the prime share of this market; this is due the concentration of giant food & beverage, pharmaceuticals, bio pharmaceutical and health care industries.
The global Laboratory Filtration Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 3M Company, Agilent Technologies, Inc, Ahlstrom-Munksjö, AMD Manufacturing, Inc., AQUAPORIN A/S, Avantor, Inc, Cole-Parmer, Danaher Corporation, Filtros Anoia, GEA, GROUP AKTIENGESELLSCHAFT, Hawach Scientific, Koch Separation Solutions, MACHEREY-NAGEL GmbH & Co. KG, MANN+HUMMEL, Membracon, Merck Millipore, NS Filtration ApS, Prosperity Biotech (Shandong) Co., Ltd., S.p.A, Sartorius AG, STERIS, Sterlitech Corporation, Synder Filtration, Thermo Fisher Scientific, Veolia Water Technologies.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for Product segment- Filtration Media (Capsule Filters, Filter Papers, Filtration Microplates, Membrane Filters, Syringe Filters, Syringeless Filters), Filtration Assemblies (Microfiltration Assemblies, Reverse Osmosis Assemblies, Ultrafiltration Assemblies, Vacuum Filtration Assemblies), Filtration Accessories (Cartridges, Dispensers, Filter Flasks, Filter Funnels, Filter Holders, Filter Housings, Seals, Vacuum Pumps), for Technique segment-Microfiltration, Nanofiltration, Reverse Osmosis, Ultra filtration, Vacuum Filtration, for End-Users segment-Academic & Research Institutions, Food & Beverage Industry, Hospitals & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies.
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.