Pune, India -- (SBWIRE) -- 03/02/2018 -- The Global Laboratory Filtration Market is accounted for USD 20.4 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Laboratory Filtration Market

Filtration is one of the commonly used separation process for removing solid particles, microorganisms or droplets from a liquid or a gas by depositing them on a filter medium. Laboratory filtration devices have enormous applications in everyday research practices being performed in various setups including research and development laboratories, academic institutes, pharmaceutical and biotechnology industries, food industries and many more.

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Major Market Drivers and Restraints:

- Increasing demand of purity in end-user segments.
- Increasing funding by government in research
- Demand of new product launches
- Stringent regulatory policies
- Requirements of high capital costs

Market Segmentation: Global Laboratory Filtration Market

By product, global laboratory filtration market is segmented into filtration media, filtration assemblies, filtration accessories.

Filtration media is further sub segmented into membrane filters, syringe filters, capsule filters, filtration microplates and others.

Membrane filters are further sub segmented into Filter papers, Fibrous Filter.

Filtration assemblies are further sub segmented into microfiltration assemblies, ultrafiltration assemblies, reverse osmosis assemblies, vacuum filtration assemblies and others.

Filtration Accessories are further sub segmented into filter holders, filter flasks, filter funnels, filter dispensers, cartridge filters, filter housings, vacuum pumps and others.

On the basis of technology, global laboratory filtration market is segmented into microfiltration, ultrafiltration, reverse osmosis, vacuum filtration, nanofiltration and cross flow filtration.

Based on utility, global laboratory filtration market is segmented into disposable, reusable.

Based on end user, global laboratory filtration market is segmented into academic and research institutes, pharma & biotech companies, diagnostic centers, CRO and food & beverages companies.

On the basis of geography, global laboratory filtration market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Laboratory Filtration Market

The global laboratory filtration market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of laboratory filtration market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Laboratory Filtration Market

Some of the major players operating in global laboratory filtration market are Spectum Inc., GE Healthcare, Merck KGaA, Thermo Fisher Scientific Inc., Cole-Parmer Instrument Company, LLC., Spectrum Chemical Manufacturing Corp., Sartorius AG, Pall Corporation among others.

Research Methodology: Global Laboratory Filtration Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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