Global Laboratory Filtration (Media, Assemblies, Accessories) Market 2018-2023
DUBLIN, Aug. 29, 2018 /PRNewswire/ --
The "Laboratory Filtration Market by Product, by Technology, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global laboratory filtration market is expected to reach $3.5 billion by 2023
The market is mainly driven by the increasing use of laboratory filtration products in the food and beverage industry, introduction of technologically advanced products, increasing research activities in pharmaceutical and biopharmaceutical industries, and surge in the adoption of filtration products in clinical laboratories.
Insights on market segments
Based on product, the laboratory filtration market has been categorized into filtration media, filtration assemblies, and filtration accessories. During the forecast period, the market is expected to witness the fastest growth in the category of filtration assemblies, exhibiting a CAGR of 7.7%. Filtration assemblies have been sub-categorized into microfiltration, ultrafiltration, reverse osmosis, vacuum filtration, and others. Among these, microfiltration assemblies held the largest share, amounting to 37.2%, in the laboratory filtration assemblies market in 2017.
On the basis of technology, the laboratory filtration market has been categorized into microfiltration, ultrafiltration, reverse osmosis, nanofiltration, vacuum filtration, and others. Among these, the fastest growth in the market during the forecast period is expected from the nanofiltration technology, with 10.4% CAGR.
Market is projected to witness the fastest growth in Asia-Pacific (APAC)
During the forecast period, the laboratory filtration market is expected to witness the fastest growth in APAC, on account of improving healthcare infrastructure, rising prevalence of chronic diseases, and increasing production of pharmaceutical products in the region. According to the World Bank, the healthcare expenditure of South Asia was 3.9% of its total gross domestic product (GDP) in 2000, which increased to 4.4% in 2014. Further, the healthcare expenditure of East Asia and Pacific was 6.5% of its GDP in 2000, which increased to 6.9% in 2014. Similarly, the healthcare expenditure of Japan was 7.5% of its GDP in 2000, which increased to 10.2% in 2014.
Japan held the largest share in the APAC laboratory filtration market in 2017, mainly because of the increasing production of pharmaceutical products in the country. According to the data published by the International Trade Administration based on the Ministry of Health, Labor and Welfare's annual pharmaceutical production statistics, the Japanese market for prescription and non-prescription pharmaceuticals valued $88 billion in 2015, indicating a 10.7% increase from that of 2014. Also, prescription pharmaceuticals held more than 90% of the market share.
Market players are focusing on the development of new and innovative laboratory filtration products
In order to increase their market share, key players in the laboratory filtration industry are developing and introducing new products. For instance, in February 2018, Merck KGaA launched Viresolve barrier capsule filters to reduce the risk of bioreactor contamination. Viresolve barrier filters are designed to remove viruses, mycoplasma, and bacteria from cell culture media.
Moreover, in September 2017, Merck KGaA launched Millistak+ HC Pro, a portfolio of high-capacity, fully synthetic depth filters for non-treated Chinese hamster ovary harvest clarification and downstream filtration applications. The Millistak+ HC Pro filter media provide a cleaner and more consistent depth filtration process as compared to traditional diatomaceous earth and cellulose-based filtration processes.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions For The Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition Of Market Segments
4.1.1 By Product
4.1.1.1 Filtration Media
4.1.1.1.1 Membrane Filters
4.1.1.1.2 Filter Papers
4.1.1.1.3 Filtration Microplates
4.1.1.1.4 Syringe Filters
4.1.1.1.5 Capsule Filters
4.1.1.1.6 Syringeless Filters
4.1.1.1.7 Others
4.1.1.2 Filtration Assemblies
4.1.1.2.1 Microfiltration Assemblies
4.1.1.2.2 Ultrafiltration Assemblies
4.1.1.2.3 Reverse Osmosis Assemblies
4.1.1.2.4 Vacuum Filtration Assemblies
4.1.1.2.5 Others
4.1.1.3 Filtration Accessories
4.1.1.3.1 Filter Holders
4.1.1.3.2 Filter Flasks
4.1.1.3.3 Filter Funnels
4.1.1.3.4 Filter Dispensers
4.1.1.3.5 Cartridge Filters
4.1.1.3.6 Filter Housings
4.1.1.3.7 Vacuum Pumps
4.1.1.3.8 Seals
4.1.1.3.9 Others
4.1.2 By Technology
4.1.2.1 Microfiltration
4.1.2.2 Ultrafiltration
4.1.2.3 Reverse Osmosis
4.1.2.4 Nanofiltration
4.1.2.5 Vacuum Filtration
4.1.2.6 Others
4.2 Market Dynamics
4.2.1 Trends
4.2.2 Drivers
4.2.2.1 Increasing Use Of Laboratory Filtration Products In Food And Beverage Industry
4.2.2.2 Introduction Of Technologically Advanced Products
4.2.2.3 Increasing Research Activities In Pharmaceutical And Biopharmaceutical Industry
4.2.2.4 Surge In The Adoption Of Filtration Products In Clinical Laboratories
4.2.2.5 Impact Analysis Of Drivers On Market Forecast
4.2.3 Restraints
4.2.3.1 Large Capital Investment
4.2.3.2 Lack Of Specialized Skills And Training
4.2.3.3 Impact Analysis Of Restraints On Market Forecast
4.3 Porter's Five Forces Analysis
Chapter 5. Global Market Size And Forecast
5.1 By Product
5.1.1 Laboratory Filtration Media Market By Type
5.1.2 Laboratory Filtration Assemblies Market By Type
5.1.3 Laboratory Filtration Accessories Market By Type
5.2 By Technology
5.3 By Region
Chapter 6. North America Market Size And Forecast
Chapter 7. Europe Market Size And Forecast
Chapter 8. APAC Market Size And Forecast
Chapter 9. LATAM Market Size And Forecast
Chapter 10. MEA Market Size And Forecast
Chapter 11. Competitive Landscape
11.1 Product Benchmarking Of Key Players
11.2 Global Strategic Developments Of Key Players
Chapter 12. Company Profiles
- General Electric Company
- Cantel Medical Corporation
- Thermo Fisher Scientific Inc.
- Danaher Corporation
- Merck Kgaa
- 3M Company
- Sartorius Ag
- Macherey-Nagel Gmbh & Co. Kg
For more information about this report visit https://www.researchandmarkets.com/research/pjxhpt/global_laboratory?w=5
Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article