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Laboratory Filtration Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4239

Laboratory Filtration Market size is projected to experience significant growth from 2022 to 2028 with the increasing adoption of sterilization methods in various chemical, environmental, and life sciences applications in laboratories. The accelerating demand for filtration technologies in various industries including food & beverage, biotechnological, and pharmaceuticals is slated to enhance the industry landscape in the coming years.
 

The business expansion is being further proliferated by the increasing investment towards the development of novel membrane filters and processes to enhance performance and reduce cost.
 

In terms of end-use, the market is anticipated to observe a notable growth from hospital & diagnostic centers segment with the increasing product demand. The increasing prevalence of various diseases is leading to the mounting demand for disease diagnosis is largely supports the segment growth. This has urged the governing bodies across the globe to open more hospitals and diagnostic centers to meet the rising demand. For instance, in 2021, the UK government announced opening 40 new community diagnostic centers across the country in various settings from local shopping centers to football stadiums.
 

Based on the technology, the laboratory filtration market is segmented into microfiltration, ultrafiltration, nanofiltration, vacuum filtration, and reverse osmosis. Nanofiltration, however, is witnessing a heightened acceptance rate for softening hard water. It is known to be more diverse in what it filters out. As its pore size is small, it is very selective in the molecules that it allows to pass through it. Besides, it does not involve the usage of chemicals which helps in reducing the environmental impact which will fuel its usage significantly over time.
 

Laboratory filtration market is estimated to exhibit notable growth in North America. This can be largely attributed to the increasing inclination towards the development of drugs. For instance, in 2021, the U.S. government announced to invest more than USD 3 billion for accelerating the discovery, development, and production of antiviral medicines as part of its strategy to develop next generation treatment for COVID-19.
 

The key companies operating in global laboratory filtration market include Pall Corporation (Danaher Corporation), Merck KGaA, Sartorius AG, and Cantel Medical (STERIS plc).
 

These market players are implementing various business strategies such as mergers, acquisitions, and expansion of production capacity to gain a competitive edge in the industry.
 

To illustrate, in 2021, Pall Corporation announced to invest in the expansion of production capacity at its six manufacturing facilities across the U.S. and Europe. Through this strategic move, the company is expected to increase the output and reduce the lead time for critical biopharmaceutical manufacturing.
 

Impact of COVID-19 crisis on laboratory filtration market trends

The COVID-19 pandemic is set to make a positive influence the global market outlook due to a considerable rise in the research activities during the crisis to develop solutions for virus detection as well as for vaccines. These initiatives have dynamically increased the demand for various types of laboratory products. Besides, the growing consumer awareness regarding health and hygiene amid the pandemic has also stimulated the adoption of the filtration process which will favor the industry growth through 2028.
 

The laboratory filtration market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:

Market, by Technology

  • Microfiltration
  • Nanofiltration
  • Ultrafiltration
  • Reverse osmosis
  • Vacuum filtration

Market, by Product Type

  • Filtration Assemblies
    • Ultrafiltration
    • Microfiltration
    • Vacuum filtration
    • Reverse osmosis
    • Other filtration
  • Filtration Media
    • Cellulose filter papers
    • Membrane filters
    • Quartz filter papers
    • Filtration microplates
    • Capsule filters
    • Ohers
  • Filtration Accessories
    • Filter funnels
    • Filter holders
    • Filter flasks
    • Filter dispensers
    • Cartridges
    • Filter housings
    • Seals
    • Vacuum pumps
    • Others

Market, by End-Use

  • Pharmaceutical and Biotechnology Companies
  • Academic Institutions
  • Hospital and diagnostic centers
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

What Information does this report contain?

Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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