New York, NY -- (SBWIRE) -- 04/19/2021 -- The global laboratory filtration market was valued at USD 2.35 billion in 2018 and is expected to reach USD 4.06 billion by the year 2026, at a CAGR of 7.1%. Filtration and separation technology all around the world is widely used in modern industrialized countries and is rapidly being applied in developing countries as well. Filtration is an initial and essential process in pharmaceutical, and bio scientific laboratory applications.

Rise in population growth will increase demand, which will require increased production and increases in manufacturing efficiency for industrial products, foods and beverages, transportation, and infrastructure. Laboratory Filtration solutions are used in procedures such as drug screening, DNA and protein separation, cell culture, and filtration processes. Flourishing biopharmaceutical research activities and the desire for rapid drug commercialization are the prime drivers of the laboratory filtration market. Transformative advances in healthcare in recent years are allowing people to live longer, healthier, and more productive lives.

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The global Laboratory Filtration market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that's better than others.

Laboratory Filtration Market: Leading Participants

Sigma-Aldrich, Merck Millipore, Thermo Fisher Scientific, GE Healthcare, 3M Purification, Inc., Sartorius Group, Macherey-Nagel GmbH & Co. KG., Cantel Medical Corporation and Veolia Water Technologies

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For the purpose of this study, Reports and Data have segmented the laboratory filtration market on the basis of technology, product, end-use and region:

Technology (Revenue in USD Million; 2016–2026)

Microfiltration
Reverse Osmosis
Ultrafiltration
Vacuum Filtration
Nanofiltration

Product Type (Revenue in USD Million; 2016–2026)

Filtration Assemblies

Microfiltration Assemblies
Reverse Osmosis Assemblies
Ultrafiltration Assemblies
Vacuum Filtration Assemblies
Others

Filtration Media

Filter Papers
Cellulose Filter Papers
Glass Microfiber Filter Papers
Quartz Filter Papers
Membrane Filters
Syringe Filters
Syringeless Filters
Capsule Filters
Filtration Microplates
Others

Filtration Accessories

Filter Holders
Filter Funnels
Filter Dispensers
Filter Flasks
Filter Housings
Cartridges
Vacuum Pumps
Seals
Other Accessories

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End Use (Revenue in USD Million; 2016–2026)

Pharmaceutical & Biopharmaceutical Companies
Academic & Research Institutes
Food & Beverage Companies
Hospital & Diagnostic Laboratories

Further key findings from the report suggest

>Laboratory Filtration market is growing at a CAGR of 5% in Asia-Pacific followed by North America & Europe, with 7.0% and 6.9% CAGR, respectively.

>Currently, North America dominates the market for Laboratory Filtration, followed by Asia-Pacific and then Europe. Not much increase in the share of regions of MEA & Latin America is expected in the forecast period.

>Growing research activities in pharmaceutical and biopharmaceutical industries and increasing usage of filtration products are also contributing to the growth of the laboratory filtration market. Clinical research in pharmaceutical companies and scientific institutions are resulting in the development of new medicines, which is also helping the market growth.

>Filtration technology is a lively dynamic field where academic centers, corporate R&D labs and government research provide highly innovative developments. These factors are expected to boost the market positively during the forecast period….Continued
Table of Content:

Chapter 1. Market Synopsis

1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

3.1. Growing Purity Requirements in End-User Segments
3.2. Increasing Funding for Research
3.3. Rising number of small scale biopharmaceuticals companies across the world

Chapter 4. Laboratory Filtration Segmentation & Impact Analysis

4.1. Laboratory Filtration Segmentation Analysis
4.2. Laboratory Filtration Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Laboratory Filtration Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Launch of new transforming and innovative technology in lab filtration
4.4.1.2. Increasing research activities for pharmaceutical and biopharmaceutical
4.4.1.3. Rising usage of filtration in clinical laboratories
4.4.2. Market restraint analysis

Continue…

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In conclusion, the Laboratory Filtration Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.