North America Laboratory Filtration Market Trends And Forecasts 2021
North America Laboratory Filtration Market Size is anticipated to grow at a 6.4% CAGR from 2016 to 2021 and it is estimated that the North-America market was valued at USD 0.71 billion in 2016
(EMAILWIRE.COM, February 22, 2018 ) Filtration is a necessary process step in almost all kind of laboratories related to environmental, chemistry, and life sciences applications. It is the most common technique used either to purify or concentrate samples in the laboratory. The basic equipment used for filtration process has evolved over the years and market is witnessing modern, sophisticated filtration methods capable of ultra-purifying the sample which could not have been possible with conventional methods.North America Laboratory Filtration Market Size is anticipated to grow at a 6.4% CAGR from 2016 to 2021 and it is estimated that the North-America market was valued at USD 0.71 billion in 2016 and is expected to reach USD 0.97 billion by 2021
Laboratory filtration equipment helps an analyst in sample clarification before analysis, mobile phase filtration, sample sterilization, membrane-based microbiology, particle sampling before analysis, etc. The global market for laboratory filtration equipment is therefore driven by increase in research & development activities in the field of medicine and healthcare. The demand for these products is also rising due to the pursuit of producing pure and safer products with minimal risk of contamination.
The rising application of filtration technology in pharmaceutical, biopharmaceutical, and food & beverage industries and the rising demand for more efficient filters are the key factors boosting the market growth. The market is witnessing the launch of new transforming and innovative technologies in lab filtration and filter media products. The uptake of analytical instruments, stringent regulations controlling the quality of products used in laboratories, and growth in the demand for biopharmaceutical molecules for therapeutic and diagnostic applications. However, strict government protocols for filtration processes especially in pharmaceutical and food and beverage industries is having a negative impact on the growth of the market.
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The North America Laboratory Filtration Market segmentation by Technology, Product and End User. On the basis of product, it is segmented into Ultrafiltration, Microfiltration, Nanofiltration and Reverse Osmosis. The membrane filters account for the largest market share in this segment of filtration media market, followed by filter papers and filtration microplate. The capsule filters segment, on the other hand, is projected to witness the highest growth in the coming years. On the basis of Technology, it is segmented into Assembly, Filter Paper, Membrane, Syringe Filters, Filtration Microplate and Accessories. Reverse osmosis, ultrafiltration, vacuum filtration, nanofiltration, and microfiltration are the key technologies of the laboratory filtration market.
microfiltration segment dominated this sector. Ultrafiltration is one of the fastest growing technologies and is anticipated to witness a significant CAGR over the forecast period. On the basis of End User, it is segmented into pharmaceutical & Biopharmaceutical, Companies Academic & Research Institutes Food & Beverage, Companies Hospital and Diagnostic Laboratories. The pharmaceutical and biopharmaceutical companies dominate the end users market with the highest growth rate.
On the basis of geography, the market is analyzed under various regions namely U.S and Canada. North-America accounts for the largest share of the market. The presence of a large number of filtration products manufacturers in the North American region has led to their large market share in the laboratory filtration market.
The major laboratory filtration market Leaders include Merck Millipore and Pall Corporation, GE Healthcare, Sartorius Group, 3M Purification Inc., Thermo Fisher Scientific Inc.,Cantel Medical Corporation, Cuno, Dow Water & Process Solutions, FilmTec Corporation, GE Healthcare and Sigma-Aldrich Corporation.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Market Data Forecast
Being a familiar face to the Fortune 500 companies in the field of market research, Market Data Forecast provides its clientele with research material through syndicated reports, consult projects and industry newsletters across various domains and verticals. Our in-house research panel, comprises of industry experts, vertical/domain specialists, supported by a well-built research & data models that help in providing insights for making well-informed decisions. We have a well-established data gathering network across 100+ countries through tie-ups and collaboration’s with the key personnel in value chains & local research organizations. Apart the excellent research services, we also boast of unique post-purchase services offering a 24*7 analyst support for the period of six months. Further, though a continuous feedback from our users, clients and experts, we keep on innovating ourselves in this field to support the organizations in the most efficient ways.
Laboratory filtration equipment helps an analyst in sample clarification before analysis, mobile phase filtration, sample sterilization, membrane-based microbiology, particle sampling before analysis, etc. The global market for laboratory filtration equipment is therefore driven by increase in research & development activities in the field of medicine and healthcare. The demand for these products is also rising due to the pursuit of producing pure and safer products with minimal risk of contamination.
The rising application of filtration technology in pharmaceutical, biopharmaceutical, and food & beverage industries and the rising demand for more efficient filters are the key factors boosting the market growth. The market is witnessing the launch of new transforming and innovative technologies in lab filtration and filter media products. The uptake of analytical instruments, stringent regulations controlling the quality of products used in laboratories, and growth in the demand for biopharmaceutical molecules for therapeutic and diagnostic applications. However, strict government protocols for filtration processes especially in pharmaceutical and food and beverage industries is having a negative impact on the growth of the market.
Get free research sample at https://www.marketdataforecast.com/market-reports/north-america-laboratory-filtration-market-4972/request-sample
The North America Laboratory Filtration Market segmentation by Technology, Product and End User. On the basis of product, it is segmented into Ultrafiltration, Microfiltration, Nanofiltration and Reverse Osmosis. The membrane filters account for the largest market share in this segment of filtration media market, followed by filter papers and filtration microplate. The capsule filters segment, on the other hand, is projected to witness the highest growth in the coming years. On the basis of Technology, it is segmented into Assembly, Filter Paper, Membrane, Syringe Filters, Filtration Microplate and Accessories. Reverse osmosis, ultrafiltration, vacuum filtration, nanofiltration, and microfiltration are the key technologies of the laboratory filtration market.
microfiltration segment dominated this sector. Ultrafiltration is one of the fastest growing technologies and is anticipated to witness a significant CAGR over the forecast period. On the basis of End User, it is segmented into pharmaceutical & Biopharmaceutical, Companies Academic & Research Institutes Food & Beverage, Companies Hospital and Diagnostic Laboratories. The pharmaceutical and biopharmaceutical companies dominate the end users market with the highest growth rate.
On the basis of geography, the market is analyzed under various regions namely U.S and Canada. North-America accounts for the largest share of the market. The presence of a large number of filtration products manufacturers in the North American region has led to their large market share in the laboratory filtration market.
The major laboratory filtration market Leaders include Merck Millipore and Pall Corporation, GE Healthcare, Sartorius Group, 3M Purification Inc., Thermo Fisher Scientific Inc.,Cantel Medical Corporation, Cuno, Dow Water & Process Solutions, FilmTec Corporation, GE Healthcare and Sigma-Aldrich Corporation.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Market Data Forecast
Being a familiar face to the Fortune 500 companies in the field of market research, Market Data Forecast provides its clientele with research material through syndicated reports, consult projects and industry newsletters across various domains and verticals. Our in-house research panel, comprises of industry experts, vertical/domain specialists, supported by a well-built research & data models that help in providing insights for making well-informed decisions. We have a well-established data gathering network across 100+ countries through tie-ups and collaboration’s with the key personnel in value chains & local research organizations. Apart the excellent research services, we also boast of unique post-purchase services offering a 24*7 analyst support for the period of six months. Further, though a continuous feedback from our users, clients and experts, we keep on innovating ourselves in this field to support the organizations in the most efficient ways.
Contact Information:
Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results