Global Laboratory Filtration Market Outlook 2030

  • Product Code:
    RP-ID-10059475
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    133
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The global laboratory filtration market is likely to be valued at ~USD 3 billion in 2021 and is projected to expand at a CAGR of ~8% over the period 2022-2030. The application of filtration technology in the pharmaceutical, biopharmaceutical, and food and beverage industries is increasing, and the increasing demand for more efficient filters is a key factor. market. Sterile filtration, bioburden reduction, air filtration, oil and gas filtration and membrane filtration. Manufacturers are developing new technologies for high-capacity filtration in pharmaceutical and biopharmaceutical companies.For example, the particle filter is a product of 3M Purification, Inc., which uses advanced pleating technology to increase the filtration surface area while maintaining the standard filter size. Laboratory filtration has applications in various fields such as drug discovery and development, microbial analysis, virus removal, research laboratories, and water purification treatment plants.

The increasing demand for high-performance filtration products in the downstream process, the increasing use of analytical instruments, and the adoption of advanced ultra-purification filtration methods are expected to drive growth during the forecast period. Macherey-Nagel and some other companies (such as GE Healthcare and Hahnemühle) provide a series of dynamic range ashless filter paper and qualitative filter paper designed for routine quantitative analysis and general laboratory filtration processes.

Since 2005, diarrhea and typhoid fever in sub-African countries have doubled, so the demand for filters with better filtration capacity and efficiency has increased. Researchers prefer a series of new filter membranes, such as Thermo Fisher Scientifics Nalgene for microbial analysis.

PRODUCT INFORMATION:

The laboratory filtration market product portfolio is divided into filter media, filter components and filter accessories. The filter media segment includes membrane filters that accounted for the largest market share in 2020.

It is speculated that this large share is due to their increasing applications in microbial analysis, microfiltration and ultrafiltration. It is expected that there will be significant growth in the next ten years, with a compound annual growth rate exceeding 9%. These filters provide reliable filtration by retaining very small microorganisms and harmful particles.

In 2020, microfiltration components held the largest market share in the filtration component market segment. The widespread use of microfiltration components in the food and beverage industry is one of the main factors for quality control.

TECHNICAL INSIGHT:


Reverse osmosis, ultrafiltration, vacuum filtration, nanofiltration and microfiltration are key technologies in the laboratory filtration market. The microfiltration sector dominated the field in 2020. Microfiltration technology removes particles through a microporous medium called membrane filter.

Microfilters are widely used for cold sterilization of API and enzymes, and solid-liquid separation in various industries. It is widely used in milk protein grading applications. Applications include cell collection from fermentation broth, milk protein fractionation, corn syrup clarification, and CIP chemical recovery.

Ultrafiltration is one of the fastest-growing technologies and is expected to exhibit a significant compound annual growth rate during the forecast period. Compared with traditional methods, the ultrafiltration part has advantages such as gentle product handling, easier handling and lower energy consumption. The increasing use of ultrafiltration in the food processing industry, water purification systems, and biological protein separation is expected to promote market growth.

REGIONAL INFORMATION:

North America accounted for about half of the global laboratory filtration market in 2020. Due to the existence of major manufacturers of filtration products, well-established laboratories and increasing government funding, North America is the leading market for laboratory filtration products for basic research.

The increase in target diseases and the increase in demand for treatment are the main factors for the large base of the target population in North America. In addition, increasing industrialization and the availability of new products have increased the adoption rate of laboratory filtration products in the region.

Due to the increase in the number of participants, the Asia-Pacific region is expected to experience a boom in the forecast period. facility. In these regions, there is a large number of generic drug manufacturing industries, and food and beverage companies are increasingly launching high-quality products.

LABORATORY FILTRATION MARKET SHARE INFORMATION:

Major players in the laboratory filtration market include Merck Millipore, Sigma-Aldrich, GE Healthcare, Thermo Fisher Scientific, Sartorius Group, 3M Purification, Inc., Cantel Medical Corporation and Macherey-Nagel Gmbh & Co. kg.

They actively participate in updating their filtering product series to improve their market position and make huge profits. For example, GE Healthcare has developed quartz filters such as Whatman QM_B quartz, ultra-fine fiber filters, Whatman QM-A quartz MF and Whatman QM-H to filter air samples.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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