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2021

Laboratory Filtration Market

Laboratory Filtration Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, Technique and End User, Global Opportunity Analysis and Industry Forecast, 2021-2030

LS : Diagnostics and Biotech

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Author's: Apoorva Srivastava| Deepshikha Singh | Roshan Deshmukh
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Laboratory Filtration Market Statistics 2030:

The global laboratory filtration market size was valued at $3,061.30 million in 2020, and is projected to reach $6,807.40 million by 2030, registering a CAGR of 8.3% from 2021 to 2030. Filtration is a sterilization method, which is used in laboratories. It is one of the most crucial step in almost all kinds of laboratory process related to environmental, chemistry, and life sciences applications. It is a technique involved to either purify or concentrate samples in the laboratory. Filtration depends on pore sizes, the smaller the pores the more particles it can screen out. Pore sizes can be as small as .01 μm (μm=micrometer), small enough to stop viruses from passing through, but smaller proteins can still get through. Nano-filters are capable of stopping viruses, proteins, and some toxins. Moreover, filtration is a great option for sterilizing heat-sensitive liquids, which cannot be autoclaved or sterilized by other sterilization methods. 

The increase in demand for high production filtration products during the down streaming process, introduction of sophisticated filtration methods for ultra-purification, and the growing usage of analytical instruments are expected to propel the market growth. Companies, such as Macherey-Nagel, GE Healthcare, and Hahnemühle, offer ashless filter papers and qualitative filter papers, specifically designed for general laboratory filtration and quantitative routine analysis processes. In addition, the emergence of more advanced filtration technologies, such as such as microfiltration, nanofiltration, and ultrafiltration, is likely to anticipate the growth of the laboratory filtration market, as these techniques employ superior filtration equipment. Furthermore, the rapid advances in nanofiber technology as well as the rapid rise in the application of filtration technologies in biopharmaceutical and pharmaceutical and different laboratories are expected to offer significant growth opportunities for the market in the forecast period.

Laboratory-Filtration-Market-2021-2030

The uptake of analytical instruments and stringent regulations imposed by regulatory bodies regarding the standard of filtration is compelling manufacturers to adopt superior filtration techniques. Furthermore growing expenditure in cell-based research and developing economies across the globe also contribute to the substantial growth opportunities for the industry players. On the contrary, the membrane degradation or fouling results in the clogging of the membrane and over time this can be costly both in terms of purchasing replacement filters, as well as the downtime required to remove and replace used filters. In some laboratory processes, filter change must occur every few days. This is likely to act as an obstacle in the growth of the laboratory filter papers market.

The growth of the laboratory filtration market is anticipated to be driven by opportunities in untapped, emerging markets with high potential, due to increase in R & D expenditure in these regions and increase in demand for better laboratory filters. The rapid advances in nanofiber technology as well as the rapid rise in the application of filtration technologies in biopharmaceutical and pharmaceutical and different laboratories are expected to offer significant growth opportunities for the market in the forecast period. Growing expenditure in cell-based research and developing economies across the globe also contribute to the substantial growth opportunities for the industry players.

Impact Of Covid-19 On Laboratory Filtration Market (Pre And Post Analysis)

Coronavirus disease (COVID-19) was discovered in late December in the Hubei province of Wuhan city in China. The disease is caused by a virus, namely, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which is transmitted from humans to humans. After its discovery in Wuhan, the disease has rapidly spread to other parts of the globe. This virus causes various symptoms in a patient; for instance, common symptoms include fever, dry cough, and fatigue. However, serious symptoms include difficulty in breathing or shortness of breath, chest pain or pressure, and loss of speech or movement. 

Furthermore, the virus has high potential of lethality in the geriatric population. On March 11, 2020, the World Health Organization assessed that COVID-19 can be characterized as a pandemic. In addition, no drugs are currently licensed for the treatment of COVID-19 treatment or prevention. Thus, social distancing is observed as the most important measure to stop the spread of this disease. Furthermore, to maintain social distancing, various countries across the world have adopted nationwide lockdown. Although the COVID-19 pandemic continues to impact the growth of various industries, and the immediate impact of the outbreak varies from industry to industry.

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the global laboratory filtration market. Researchers are using various kinds of laboratory products including filters for carrying out various experiments enabling detection of the virus to development of a vaccine. For instance, Acrodisc sterile syringe filters by Pall laboratory ensures the sterility of media, kits and components used in research kits for COVID-19.  Changes in consumer behavior with regards to health and hygiene products amid the global coronavirus outbreak is indirectly pushing adoption of membrane filtration process. A majority of demand is for various food, healthcare, and wastewater treatment applications, which are key to the revenue streams in the laboratory filtration market. An increasing number of organizations seeking solutions for health and safety standards in workplace settings is positively impacting the market growth. 

Product Segment Review

Based on product, the global laboratory filtration market can be categorized into filtration media, filtration accessories and filtration assemblies. The filtration media segment dominates the laboratory filtration market, owing to increase in application of filtration in industrial biotechnology and associated research. 

Laboratory Filtration Market
By Product
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Filtration Media segment holds the dominant position in 2020 and would continue to maintain the lead over the forecast period.

Technique Segment Review

Based on technique, the laboratory filtration market includes nanofiltration, ultrafiltration, microfiltration, reverse osmosis and vacuum filtration. The Microfiltration segment dominates the laboratory filtration market, owing to the increasing application of microfiltration in industrial biotechnology and associated research.

Laboratory Filtration Market
By Technique
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Microfiltration segment is projected as one of the most lucrative segments.

End User Segment Review

Based on end user, the laboratory filtration market is segmented into pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, food and beverage industry and academic & research institutions. The pharmaceutical & biotechnology segment held the largest market share in 2020 and is expected to remain dominant during the forecast period. 

Laboratory Filtration Market
By End User
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Pharmaceutical & Biotechnology Companies segment holds the dominant position in 2020 and would continue to maintain the lead over the forecast period.

Region segment review

North America is expected to maintain its dominance during the forecast period due to the three major countries of North America considered in the report include the U.S., Canada, and Mexico. North America is dominating the market of overall Laboratory Filtration and expected to dominate throughout the forecast period. This is majorly attributed to the presence of well-equipped laboratories for life science research, increasing investments in R&D, and the presence of government funding programs for laboratory filter membrane business owners.

Laboratory Filtration Market
By Region
2030
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 10.40% during 2021-2030

Some of the major companies that operate in the global laboratory filtration market 3M Company, Agilent Technologies, Inc., Antylia Scientific, Danaher Corporation, Merck KGaA, Sartorius AG, Steris (Cantel Medical Corporation), Sterlitech Corporation, Thermo Fisher Scientific and Veolia Water Technologies.

Key Benefits For Stakeholders

  • This report provides a detailed quantitative analysis of the current laboratory filtration market trends and forecast estimations from 2020 to 2030, which assists to identify the prevailing market opportunities. 
  • An in-depth laboratory filtration market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
  • A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
  • The projections in this report are made by analyzing the current trends and future laboratory filtration market potential from 2021 to 2030, in terms of value.
  • An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
  • Key market players within the laboratory filtration market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the Laboratory Filtration market.

Laboratory Filtration Market Report Highlights

Aspects Details
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By PRODUCT
  • Filtration media
  • Filtration accessories
  • Filtration assemblies
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By TECHNIQUE
  • Nanofiltration
  • Ultrafiltration
  • Microfiltration
  • Reverse osmosis
  • Vacuum filtration
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By END USER
  • Pharmaceutical & biotechnology companies
  • Hospitals & diagnostic laboratories
  • Foods & beverages Industry
  • Academic & research Institutions
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By Region
  • North America  (US, Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

MERCK KGAA, THE 3M COMPANY, SARTORIUS AG, STERLITECH CORPORATION, AGILENT TECHNOLOGIES INC., ANTYLIA SCIENTIFIC, THERMO FISHER SCIENTIFIC, INC., VEOLIA WATER TECHNOLOGIES, STERIS PLC. (CANTEL MEDICAL CORPORATION), DANAHER CORPORATION

Analyst Review

This section provides the opinions of the top level CXOs in the cardiovascular diagnostic testing market. According to the insights of CXOs, increase in prevalence of cardiovascular diseases, rise in diagnostic tests, and development of new technologies for the prognosis of cardiac events, attributed for the growth of the cardiovascular diagnostic testing market.

The CXOs further added that rise in prevalence of unhealthy lifestyle, poor eating habits, and exposure to air high in pollutants, such as the ones that come out of the automobile exhaust pipe, is a severe heart health hazard and is responsible for increasing rates of cardiovascular events as a result, medical practitioners, clinicians and researchers have recognized the significance of early or timely diagnosis of cardiovascular diseases using routine diagnostic tests such as serum based tests as well as tests carried out with the aid of machines such as electrocardiogram test. The results of these tests can help them diagnose heart disease and develop a treatment plan accordingly. For instance, lipid profile tests such as C-reactive protein can show the risk of heart diseases results of which can be used as a preventive measure for any future cardiac events.

North America is expected to witness highest growth, in terms of revenue, owing to rise in prevalence of cardiovascular diseases, presence of key players, and advancements in healthcare investments. Asia-Pacific was the second largest contributor to the market in 2020, and is expected to register the fastest CAGR during the forecast period. However, high cost of the implementation and stringent government policies may restrain the market growth during the forecast period.

Author Name(s) : Apoorva Srivastava| Deepshikha Singh | Roshan Deshmukh
Frequently Asked Questions?

The total market value of Laboratory Filtration Market is $3,061.30 million in 2020

The forecast period in the report is from 2021 to 2030

The market value of Laboratory Filtration Market in 2030 is $6,807.40 Million

The base year for the report is 2020

Yes, Laboratory Filtration companies are profiled in the report

The top companies that hold the market share in Laboratory Filtration Market are 3M Company, Agilent Technologies Inc., Antylia Scientific, Danaher Corporation, Merck Millipore, Sartorius AG, Steris (Cantel Medical Corporation), Sterlitech Corporation, Thermo Fisher Scientific, Veolia Water Technologies

No, there is no value chain analysis provided in the Laboratory Filtration Market report

The key trends in the Laboratory Filtration Market are empowers manufacturers in the medical sector to produce customized filtration products.

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Laboratory Filtration Market