01-Oct-2021 | Zion Market Research
Major companies in laboratory filtration market are 3M Purification Inc., Merck Millipore, Thermo Fisher Scientific, Pall Corporation, Sartorius Group, Cantel Medical Corporation, Macherey-Nagel, GEA GROUP, Veolia Water Technologies, GE Healthcare Life Sciences, Aquaporin A/S and MANN+HUMMEL. amongst others. These players are set to bolster the development of global mobile gaming market.
According to analysts at Zion Market Research, the global laboratory filtration market accounted for more than USD 2,855.5 million in 2020 and is expected to reach more than USD 5,229.1 million by 2028, growing at a CAGR of 8.1% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Laboratory Filtration Market By Product (Filtration Assemblies, Filtration Media, Filtration Accessories), By Technique (Reverse Osmosis, Micro-Filtration, Ultra-Filtration, Vacuum Filtration, Nano-Filtration and Others), By End User (Pharmaceutical & Biotechnology Companies, Food & Beverage Industry, Hospitals & Diagnostic Laboratories, Academic & Research Institutions and Others) And By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Technological Developments in Laboratory Filtration Products to Spur Growth
“Technological developments are the main reason that has driven the growth of the global market” says the author of this study. Apart from this, rising application of filtration technologies in biopharmaceutical and pharmaceutical as well as different laboratories is also boosting the growth of the global laboratory filtration market. Further, increasing job opportunities is also driving the global market growth. Moreover, increasing research activities is also powering the growth of the global laboratory filtration market.
On the other hand, strict government rules for legalization of filtration procedures is the main reason hampering the growth of global laboratory filtration market. Need of large capital investments for setting up production facilities is one of the reasons that are decreasing the growth of the global market. Additionally, huge value of raw material is also one of the significant reasons that are restraining the growth of the global market.
Presence Of Big Players in The Region Support North American Growth
Regionally, North America has been one of leading the worldwide laboratory filtration market and is anticipated to continue to grow in the years to come, states the laboratory filtration market study. Technological developments are boosting the global market in the U.S and Canada. Increasing application of filtration technologies in biopharmaceutical and pharmaceutical is towering the global market in Asia Pacific. Increasing research activities in biopharmaceutical and pharmaceutical sectors has elevated the global market in Europe.
Browse the full “Laboratory Filtration Market By Product (Filtration Assemblies, Filtration Media, Filtration Accessories), By Technique (Reverse Osmosis, Micro-Filtration, Ultra-Filtration, Vacuum Filtration, Nano-Filtration and Others), By End User (Pharmaceutical & Biotechnology Companies, Food & Beverage Industry, Hospitals & Diagnostic Laboratories, Academic & Research Institutions and Others) And By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/laboratory-filtration-market
The global laboratory filtration market is segmented as follows:
By End User
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