LABORATORY FILTRATION IN HEALTH CARE MARKET ANALYSIS

The global laboratory filtration market was valued at US$ 3,244.92 Mn in 2022 and is forecast to reach a value of US$ 6,397.3 Mn by 2030 at a CAGR of 8.9% between 2023 and 2030. The global laboratory filtration market is experiencing strong growth owing to the increasing applications of filtration technology and rapid growth of the pharmaceutical industry. Moreover, the outbreak of COVID-19 (pandemic) and increase in demand for safe and effective vaccines is expected to boost the market growth. However, factors such as high cost of specialized filters and reuse of sterilizing-grade filters are expected to hamper the market growth.

Global Laboratory Filtration Market: Regional Insights

Based on geography, the global laboratory filtration market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period owing to the rise in burden of infectious disease, increase in demand for safe and effective vaccines, rise in use of filtration technology, increase in research and development in the region. For instance, in November 2021, DuPont Water Solutions launched DuPont TapTec LC HF-4040 reverse-osmosis (RO) membrane filter to bring advantages of large-scale RO membrane filtration to decentralize and commercial infrastructure use. Compact and affordable, the product combines advanced features, such as high flow rates, with reliability and ease-of-use.

Asia Pacific is also expected to witness significant growth in the global laboratory filtration market owing to the increasing prevalence of infectious disease, increase in demand for safe and effective vaccines, rise in focus on vaccine development, and rapid growth of the pharmaceutical industry in the region. For instance, in February 2022, Ministry of Health and Family Welfare, Government of India launched the National Polio Immunization Drive for 2022 in India by administering polio drops to children below five years of age. India’s strategic fight against polio is a success story of India’s public health policy against vaccine-preventable diseases.

Figure 1. Global Laboratory Filtration Market Share (%), by Region, 2023

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Global Laboratory Filtration Market Drivers:

Increasing application of filtration technology to drive market growth

One of the key factors expected to augment the growth of the global laboratory filtration market during the forecast period is the increasing application of filtration technology in pharmaceutical, biopharmaceutical, and food and beverage industries. For instance, in September 2022, Pall Corp. launched new Allegro Connect Systems to support Depth Filtration, Virus Filtration, and Bulk Fill of drug substances, and a Buffer Management System to simplify manufacturing workflows. These systems deliver enhanced process and risk control, through the full automation of unit operations that combine to support the production of a wide range of therapeutic drugs and vaccines.

Growth of the pharmaceutical industry to propel market growth

Another factor which is driving the growth of the global laboratory filtration market is the rapid growth of the pharmaceutical industry, especially in the U.S. and India. For instance, filtration is a valuable and necessary aspect of any pharmaceutical system. Filtration allows for the purification of the media and removal of debris or other contaminants within the system. Thus, with the rapid growth of the pharmaceutical industry, the use of filtration technology is also increasing rapidly. According to India Brand Equity Foundation (IBEF), India pharmaceuticals industry is expected to reach US$ 65 billion by 2024, and ~US$ 130 billion by 2030.

Global Laboratory Filtration Market Opportunities:

Outbreak of COVID-19 (pandemic) is expected to offer lucrative growth opportunities for players in the global laboratory filtration market. For instance, filtration technology is used to manufacture vaccines, and the increasing demand for safe/effective vaccines during the pandemic has increased the adoption of filtration techniques. Moreover, the social and economic burden of the pandemic has encouraged many governments worldwide to develop safe and effective COVID-19 vaccines, which in turn has led to an increase in the adoption of various filtration techniques or technologies. New filtration methods were streamlined to scale up vaccine production.

High demand for safe and effective vaccines is expected to offer significant growth opportunities for players in the laboratory filtration market. For instance, laboratory filtration is an essential step for vaccine manufacturing. Thus, with the increasing prevalence of infectious disease worldwide, the demand for safe/effective vaccines is also increasing with a rapid pace. According the World Health Organization (WHO), more than 1.5 million children under the age of five lose their lives to vaccine-preventable diseases every year. Immunization (vaccine) can prevent the suffering and death associated with infectious diseases.

Global Laboratory Filtration Market Trends:

Growing awareness about vaccination is a recent trend

Vaccination is a safe and effective way of protecting people against harmful diseases, before they come into contact with them. Vaccines save 4-5 million lives each year worldwide from infectious diseases, and is widely recognized as one of the world’s most successful and cost-effective health interventions. Thus, awareness among people about vaccination is important to reduce the level of vaccine hesitancy, improve vaccine acceptance, and clear misinformation about the vaccine. This trend is expected to continue over the forecast period.

Introduction of advanced technologies is another trend

In order to develop effective products and services that are significantly better, laboratory filtration plays a crucial role in product manufacturing procedures. Therefore, there is an increase in demand for advanced and transformed laboratory filtration technologies around the world, thereby driving the growth of the market. In November 2021, Sartorius launched a series of vacuum filtration units designed to offer faster and higher capacity filtration for a wide range of sample types. This trend is also expected to continue over the forecast period.

Global Laboratory Filtration Market Restraints:

High cost of specialized filters to hinder market growth

One of the key factors expected to hamper the growth of the global laboratory filtration market is the high cost of specialized filters. The high cost of specialized filters has increased the pressure on laboratory filtration equipment and accessory manufacturers to offer quality products (or better and technologically advanced products) at lower prices. Moreover, stringent regulations imposed by the regulatory bodies regarding the filtration standards are forcing the manufacturers to adopt better filtration techniques, which in turn increase the cost of filters.

Reuse of sterilizing-grade filters to hamper market growth

Another factor which is hampering the growth of the global laboratory filtration market is the reuse of sterilizing-grade filters. Although laboratory filtration is often used in research and development activities of pharmaceutical companies, the reuse of sterilizing-grade filters is expected to hamper the market growth, as pharmaceutical companies use sterilizing-grade filters to overcome the high cost barrier. Such favorable circumstances for the reuse of sterilizing grade filters are expected to hamper the growth of the laboratory filtration market.

Figure 2. Global Laboratory Filtration Market Share (%), by Technology, 2023

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Global Laboratory Filtration Market Segmentation:

The global laboratory filtration market report is segmented into Technology, Product, and Region.

Based on Technology, the market is segmented into Microfiltration, Ultrafiltration, Reverse Osmosis, Vacuum Filtration, and Nanofiltration. Of which, Microfiltration Segment is expected to dominate the laboratory filtration market during the forecast period and this is attributed to the increasing application of microfiltration in pharmaceutical and biopharmaceutical industry.

Ultrafiltration Segment is also expected to witness significant growth in the near future and this is owing to the rise in usage of ultrafiltration in pharmaceutical and biopharmaceutical industry.

Based on Product, the market is segmented into Filtration Media, Filtration Assemblies, and Filtration Accessories. Of which, Filtration Media Segment is expected to dominate the market during the forecast period and this is attributed to the increasing application of filtration media in microbial analysis, microfiltration, and ultrafiltration.

Filtration Assemblies Segment is also expected to witness significant growth in the near future and this is owing to widespread usage of filtration assemblies.

Global Laboratory Filtration Market: Key Developments

In September 2022, Agilent Technologies Inc. collaborated with METTLER TOLEDO to address one of the biggest concerns in any laboratory error- prone sample preparation. The solution allows the automatic and seamless transfer of weighing results and associated metadata from METTLER TOLEDO LabX Balance software to Agilent OpenLab software.

In May 2022, Merck KGaA announced the expansion of its filtration and membrane manufacturing facility situated in Ireland. The facility, located in Carrigtwohill (Ireland), is expected to witness an investment of €440 million for its capacity maximization.

In January 2022, 3M planned to invest US$ 470 million to expand its facility located in Tennessee. 3M has also outlined plans to invest in its fast-growing products - Command Brand adhesive strips and Filtrete air filters.

In February 2021, Porvair filtration launched the Filtration Catalogue, featuring an extensive range of products. The new catalogue highlights Porvair’s continuous dedication to finding new ways to fulfil customers’ filtration requirements and to develop new products for the markets they serve.

Global Laboratory Filtration Market: Key Companies Insights

The global laboratory filtration market is highly competitive. This is attributed to the rapid growth of the pharmaceutical/biopharmaceutical industry, as a result, players in the market are focusing on launching novel products in the market.

Some of the key players in the global laboratory filtration market are 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.

*Definition: Filtration is a sterilization method used in laboratories. Laboratory filtration is one of the most important steps in almost all types of laboratory processes related to environmental, chemical, and life science applications. It is one of the most important laboratory techniques used to obtain precise results.