Filtration is a sterilization method used in laboratories worldwide. It is one of the most important steps in almost all types of laboratory process related to environmental, chemical, and life science applications. Laboratory filtration is one of the most important laboratory techniques used to obtain precise results. Thus, there is an increase in demand for novel filtration techniques worldwide.

Market Dynamics:

Rise in burden of infectious or life-threatening disease, high demand for safe & effective vaccines, rapid growth of the pharmaceutical industry, increasing applications of filtration technology, and the outbreak of COVID-19 (pandemic) are major factors expected to augment growth of the global laboratory filtration market during the forecast period.

For instance, in February 2023, AstraZeneca and the Ministry of National Guard Health Affairs in the Kingdom of Saudi Arabia (KSA) signed two agreements with the King Abdullah International Medical Research Centre (KAIMRC) to accelerate the R&D of the drug discovery and enhance clinical studies and research in rare diseases and genomics.

Moreover, in November 2022, the Government of Canada (Innovation, Science, and Economic Development Canada) invested US$ 127 million through Canada Foundation for Innovation (CFI) to support upgrades to eight bio-containment facilities. This in turn is expected to increase demand for laboratory filtration, driving the growth of the market.

Key features of the study:

• This report provides in-depth analysis of the global laboratory filtration market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global laboratory filtration market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include GVS SpA, Sartorius Group, Merck KgaA, 3M Company, Thermo Fisher Scientific, Ahlstrom-Munksjo, Agilent Technologies Inc., Macherey-Nagel GmbH & Co. KG, Danaher Corporation (Pall Corporation), and Antylia Scientific (Cole-Parmer Instrument Company LLC), among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global laboratory filtration market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laboratory filtration market.

Detailed Segmentation:

• Global Laboratory Filtration Market, By Technology:
  • Microfiltration
  • Ultrafiltration
  • Reverse Osmosis
  • Vacuum Filtration
  • Nanofiltration
• Global Laboratory Filtration Market, By Product:
  • Filtration Media
  • Filtration Assemblies
  • Filtration Accessories
• Global Laboratory Filtration Market, By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • GVS SpA
  • Sartorius Group
  • Merck KgaA
  • 3M Company
  • Thermo Fisher Scientific
  • Ahlstrom-Munksjo
  • Agilent Technologies Inc.
  • Macherey-Nagel GmbH & Co. KG
  • Danaher Corporation (Pall Corporation)
  • Antylia Scientific (Cole-Parmer Instrument Company LLC)