Rising focus on Developing Large-Molecule Biopharmaceuticals and Increasing Requirements of Purified Products in Various Industries are Expected to Drive the Global Laboratory Filtration Market in the forecast period of 2019 to 2026

Global laboratory filtration market is growing at a substantial CAGR of 7.7% in the forecast period of 2019 to 2026. The years considered for the study are as mentioned below.

Access Full Report at https://databridgemarketresearch.com/reports/global-laboratory-filtration-market

DriversGlobal Laboratory Filtration Market

  • Rising focus on developing large-molecule biopharmaceuticals
  • Increasing requirements of purified products in various industries

Restraint:

  • High cost of the filtration products

Opportunity:

  • Development of new filtration products with advanced technology

Challenge:

  • Development of the re-usable filtration products

Market Trends:

Global laboratory filtration market is segmented into four notable segments which are technology, products, utility and end user.

  • On the basis of technology, the market is segmented microfiltration, ultrafiltration, reverse osmosis, vacuum filtration and Nano filtration. The microfiltration segment is expected to grow with the highest CAGR in the forecast period of 2019 to 2026.
  • On the basis of products, the market is segmented into filtration media, filtration assembly and filtration accessories
  • On the basis of utility, the market is segmented into reusable and disposable
  • On the basis of end user, the market is segmented into academic and research institutes, pharmaceutical companies, biotechnology companies, diagnostic centers, contract research organizations and food and beverage companies

Major Players: Global Laboratory Filtration Market

Some of the major players operating in this market are ALFA LAVAL, AD INSTRUMENTS, Sartorius AG, GVS S.p.A, Thermo Fisher Scientific Inc., Merck KGaA, GENERAL ELECTRIC, 3M, MACHEREY-NAGEL GmbH & Co. KG, MEISSNER FILTRATION PRODUCTS, INC., DrM, Dr. Mueller AG, Danaher, Cantel Medical , Repligen Corporation, Advanced Microdevices Pvt. Ltd. and among others.