Laboratory Filtration Market to Reach USD 5.3 Billion by 2026, Projected to Grow at a CAGR of 7.8%

Global Laboratory Filtration Market Size:

The global laboratory filtration market size is projected to reach USD 5.3 billion by 2026 from USD 3.6 billion in 2021, at a CAGR of 7.8% from 2021 to 2026. Growth in this market is majorly driven by the increasing demand for membrane filtration and rising purity requirements in end-user segments. However, technological developments and alternative technologies are expected to restrain the growth of the laboratory filtration market to a certain extent during the forecast period.

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Global “Laboratory Filtration Market” (2021-2026) research report indicates all the important factors related to various growth factors including latest trends and development in the global industry. It provides comprehensive overview of business development plans of top manufacturers, current industry status, growth segments and future scope. The Laboratory Filtration market report aims to provide regional development to the future market growth rate, market driving factors including sales revenue.

Key Market Players

The laboratory filtration market is highly consolidated, with a few players competing for a larger market share. Prominent players in this market include Merck Millipore (US), Danaher Corporation (US), Sartorius AG (Germany), 3M Company (US), GEA GROUP AKTIENGESELLSCHAFT (Germany), STERIS (US), Thermo Fisher Scientific (US), Veolia Water Technologies (France), Avantor, Inc (US), GVS S.p.A (Italy), MANN+HUMMEL (Germany), Agilent Technologies, Inc (US), Ahlstrom-Munksjö (Finland), MACHEREY-NAGEL GmbH Co. KG (Germany), AMD Manufacturing, Inc (Canada), Koch Separation Solutions (US), Cole-Parmer (US), AQUAPORIN A/S (Denmark), and Sterlitech Corporation (US).

Merck Millipore (US) is one of the prominent players in the global laboratory filtration market. The company is a supplier of lab materials, services, and technologies for the research, development, and production of pharmaceutical biotechnology drug therapies. The company also has an extensive distribution channel across the globe. The company operates through three major segments—Healthcare, Life Science, and Performance Materials. The Life Science segment is subcategorized into Process Solutions, Research Solutions, and Applied Solutions. The Process Solutions segment provides laboratory filtration systems and products.

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Danaher Corporation (US) is one of the leading players in the laboratory filtration market. The company has a wide range of products in the laboratory filtration segment. Danaher has a strong global network in more than 60 countries. The company’s Life Sciences segment provides lab filtration products. The company’s major end users include the biotechnology, pharmaceutical, medical, food beverage, and laboratory industries.

Regions and Countries Level Analysis –

The report provides a detailed regional analysis of the global Laboratory Filtration market, which is a crucial aspect of the research and analysis study. This section covers the sales growth of various Laboratory Filtration markets at the regional and country levels. It includes precise and comprehensive country-wise volume analysis and region-wise market size analysis for the historical and forecast periods from 2021 to 2026.

Furthermore, the regional analysis provides a competitive landscape of the Laboratory Filtration market, highlighting the major players’ market share and their growth strategies. The report also includes a comparative analysis of different regions based on various parameters such as market size, growth rate, and market attractiveness. This analysis can help businesses to identify the most lucrative regions for investment and expansion.

Major regions covered in the report:

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Recent Developments

• Koch Membrane Systems acquired Eco-Tec Inc. Eco-Tec offers resource-recovery and purification solutions to industries across the globe. This acquisition was aimed at expanding its existing capabilities in order to provide innovative ion exchange-based solutions.
• Sartorius Stedim Biotech collaborated with Novasep to develop novel systems for membrane chromatography.

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