Laboratory Filtration Market by Product (Filtration Media, Filtration Assemblies, Filtration Accessories), by Technology (Microfiltration, Ultrafiltration, Reverse Osmosis, Nanofiltration, Vacuum Filtration), by Geography (U.S., Canada, Germany, U.K., Japan, China, Brazil, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023

Laboratory Filtration Market Overview

The global laboratory filtration market valued $2.3 billion in 2017 and is projected to advance at a CAGR of 7.3% during 2018–2023. The usage of filtration products in the food and beverage industry and the introduction of technologically advanced products are the major factors driving the market growth. Filtration media, filtration assemblies, and filtration accessories are the key products available in the market. Among these, laboratory filtration media dominate the laboratory filtration market. The market for these products is predicted to reach $1,438.3 million by 2023, registering a CAGR of 6.8% during the forecast period.

 

GLOBAL LABORATORY FILTRATION MARKET, BY TECHNOLOGY, $M (2013-2023)

Based on type, the laboratory filtration media market has been further categorized into membrane filters, filter papers, filtration microplates, syringe filters, capsule filters, syringeless filters, and others. Unlike other types of filtration mediums, membrane filters have microporous plastic films with specific pore-size ratings, which help in removing minute impurities. Hence, during the forecast period, the filtration media market is expected to witness the fastest growth in the category of membrane filters, with a CAGR of 7.5%.

On the basis of type, the laboratory filtration accessories market has been further categorized into filter holders, filter flasks, filter funnels, filter dispensers, cartridge filters, filter housings, vacuum pumps, seals, and others. During the forecast period, the demand for filter holders is expected to witness the fastest growth in the laboratory filtration accessories market, with a CAGR of 8.5%.

Based on technology, the laboratory filtration industry has been categorized into microfiltration, ultrafiltration, reverse osmosis, nanofiltration, vacuum filtration, and others. Microfiltration held the largest share, accounting for 35.3%, in the market in 2017. Its market is expected to progress at a CAGR of 6.8% during the forecast period. Globally, the top three countries—the U.S., Germany, and Japan—are expected to contribute 34.4% share to the laboratory filtration market in 2023. Improving healthcare infrastructure and rising demand for generic and biological drugs are boosting the demand for filtration products in the laboratories in these countries.

Increasing number of research activities in pharmaceutical and biopharmaceutical industries and growing usage of filtration products are also boosting the growth of the laboratory filtration market. Besides, clinical research in pharmaceutical companies and scientific institutions (such as university clinics) is resulting in the development of new and tried-and-tested medicines or active ingredients, which, in turn, is contributing to the market growth.

The increasing prevalence of chronic diseases is also resulting in the increased demand for filtration products for the manufacturing of pure drugs for treatment purposes. For instance, the U.S. government’s funding to the National Cancer Institute for cancer research was $4,932.4 million in 2014, which increased to $5,206.2 million in 2016.

Laboratory Filtration Market Dynamics

Growth Drivers

Increasing usage of filtration products in the food and beverage industry, introduction of technologically advanced products, increasing research activities in the pharmaceutical and biopharmaceutical industries, and surge in the adoption of filtration products in clinical laboratories are the factors driving the growth of the laboratory filtration industry.

Membrane filtration is a unique technology that uses a physical barrier, such as a membrane or a filter, for the separation of particles from a fluid. Membrane filtration technique is increasingly being used in the food and beverage industry, owing to its more effective results in terms of concentration, clarification, fractionation, and purification. Since these help in enhancing the food quality, the technique is majorly used for the filtration of different type of beverages.

The introduction of technologically advanced products that are more efficient and cost-effective is also driving the growth of the laboratory filtration market. For instance, membrane filter helps retain the particulate matter on a smooth membrane surface. Air pollution and water microbiology are major application areas of membrane filters. Also, Sartorius AG offers a wide range of syringe filters, such as Minisart syringe filters, designed for the removal of microorganisms and particulate matter from liquids, gases, and air.

Laboratory Filtration Market Competitive Landscape

Thermo Fisher Scientific Inc., Sartorius AG, Danaher Corporation, Merck KGaA, and 3M Company provide all the filtration products covered under the scope of the report. Filtration media products are provided by all the companies covered in the study. GE Healthcare, a subsidiary of General Electric Company, deals mostly in filtration media and accessories. To expand their product portfolio, companies are focusing on the development and introduction of new and innovative products in the laboratory filtration market.

For instance, in March 2017, Merck KGaA launched the Milli-Q IQ 7000 system, the seventh-generation Milli-Q water purification innovation. The system provides ech2o mercury-free UV lamps for the photooxidation of organic contaminants in addition to offering purification cartridges that are 33% smaller than those in its previous versions.

Some of the other major players in the laboratory filtration industry are General Electric Company, Cantel Medical Corporation, Thermo Fisher Scientific Inc., Danaher Corporation, 3M Company, Sartorius AG, and MACHEREY-NAGEL GmbH & Co. KG.