PharmiWeb.com - Global Pharma News & Resources
10-May-2024

Unveiling the $6.8+ Billion Potential of the Laboratory Filtration Market by 2030

𝘛𝘩𝘦 𝘨𝘭𝘰𝘣𝘢𝘭 𝘭𝘢𝘣𝘰𝘳𝘢𝘵𝘰𝘳𝘺 𝘧𝘪𝘭𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘴 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘪𝘯𝘨 𝘢 𝘳𝘦𝘮𝘢𝘳𝘬𝘢𝘣𝘭𝘦 𝘴𝘶𝘳𝘨𝘦, 𝘢𝘵𝘵𝘳𝘪𝘣𝘶𝘵𝘦𝘥 𝘵𝘰 𝘴𝘦𝘷𝘦𝘳𝘢𝘭 𝘬𝘦𝘺 𝘧𝘢𝘤𝘵𝘰𝘳𝘴 𝘥𝘳𝘪𝘷𝘪𝘯𝘨 𝘪𝘵𝘴 𝘨𝘳𝘰𝘸𝘵𝘩 𝘵𝘳𝘢𝘫𝘦𝘤𝘵𝘰𝘳𝘺. 𝘍𝘳𝘰𝘮 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦𝘥 𝘙&𝘋 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵𝘴 𝘵𝘰 𝘵𝘩𝘦 𝘳𝘪𝘴𝘪𝘯𝘨 𝘥𝘦𝘮𝘢𝘯𝘥 𝘧𝘰𝘳 𝘤𝘶𝘵𝘵𝘪𝘯𝘨-𝘦𝘥𝘨𝘦 𝘮𝘦𝘮𝘣𝘳𝘢𝘯𝘦 𝘧𝘪𝘭𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺, 𝘵𝘩𝘦 𝘭𝘢𝘯𝘥𝘴𝘤𝘢𝘱𝘦 𝘪𝘴 𝘦𝘷𝘰𝘭𝘷𝘪𝘯𝘨 𝘳𝘢𝘱𝘪𝘥𝘭𝘺. 𝘛𝘩𝘪𝘴 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘥𝘦𝘭𝘷𝘦𝘴 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘱𝘪𝘷𝘰𝘵𝘢𝘭 𝘥𝘳𝘪𝘷𝘦𝘳𝘴 𝘱𝘳𝘰𝘱𝘦𝘭𝘭𝘪𝘯𝘨 𝘵𝘩𝘪𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘧𝘰𝘳𝘸𝘢𝘳𝘥, 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵𝘪𝘯𝘨 𝘬𝘦𝘺 𝘪𝘯𝘴𝘪𝘨𝘩𝘵𝘴 𝘢𝘯𝘥 𝘵𝘳𝘦𝘯𝘥𝘴 𝘴𝘩𝘢𝘱𝘪𝘯𝘨 𝘪𝘵𝘴 𝘦𝘹𝘱𝘢𝘯𝘴𝘪𝘰𝘯.

In a recent publication by Allied Market Research, it was disclosed that the laboratory filtration market soared to $3.06 billion in 2020, with projections aiming for $6.8 billion by 2030. This impressive growth, expected to sustain at a CAGR of 8.3% from 2021 to 2030, is attributed to various factors explored in the report. Detailed insights into market dynamics, prominent segments, investment opportunities, regional outlook, and competitive analysis are provided, illuminating the trajectory of this essential industry.

Download Sample Report-https://www.alliedmarketresearch.com/request-sample/8788

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

The laboratory filtration industry is witnessing a surge driven by several factors, including the adoption of advanced filtration techniques spurred by regulatory standards and increased investment in cell-based research. However, challenges such as membrane degradation leading to clogging pose potential obstacles, especially in processes requiring frequent filter changes.

Despite these challenges, the market anticipates growth fueled by untapped emerging markets, rising R&D expenditure, and the demand for superior filtration solutions. Technological advancements, particularly in nanofiber technology, and expanding applications in biopharmaceuticals and pharmaceuticals, promise significant opportunities in the forecast period.

Segment-wise, filtration media dominates, propelled by its extensive use in industrial biotechnology. Similarly, microfiltration leads in technique due to its widespread application in various research domains. In end-user segmentation, pharmaceutical and biotechnology sectors hold the largest market share and are expected to maintain dominance.

Geographically, North America remains at the forefront, driven by well-equipped laboratories, substantial R&D investments, and supportive government funding programs. With key players eyeing emerging markets and technological innovations driving market expansion, the laboratory filtration industry is poised for dynamic growth in the coming years.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A08423

Editor Details

  • Company:
    • The Wire Times
Last Updated: 10-May-2024