Laboratory Filtration Market Is Expected to Reach a Valuation of US$ 8.7 Billion By 2033

According to a recently released Fact.MR analysis, the laboratory filtration market is expected to generate US$3.4 billion in revenues in 2022 and rise at a CAGR of 8.6% from 2023 to 2033. The market is anticipated to reach a US$ 8.7 billion valuation by the end of 2033. The market is dominated by filtration media, which is expected to grow at an 8.4% CAGR from 2023 to 2033.

The process of separating solids, liquids, and gases in a laboratory setting while utilising various filtering techniques is known as laboratory filtration. It entails the removal of particles and contaminants from a sample or solution using a variety of filters, membranes, or other filtration medium. There are several businesses that employ it, including those that deal with biotechnology, medicine, food, and beverage, environmental analysis, and academic research.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=8772?pj

Laboratory filtration is an essential step in obtaining accurate and precise laboratory results and is critical for ensuring product safety and quality in various industries.

The membrane filtration and automated filtration systems are widely used techniques in laboratory filtration. In 2020, membrane filtration was valued at about US$ 13.6 Billion while automated filtration systems was valued at over 2.5 Billion. The technological advancements have led to the development of advanced laboratory filtration products with improved performance, increased accuracy, and reduced processing time. This influences the market growth.

According to the WHO, lung cancer is the most common cancer worldwide. Over 2.1 million new cases were diagnosed and around 1.76 million deaths reported in the year 2018. Overall, laboratory filtration techniques, including microfiltration and ultrafiltration, are important tools in cancer research. The increase in cases of lung cancer influences the growth of laboratory filtration market.

𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐛𝐲 𝐜𝐨𝐮𝐧𝐭𝐫𝐲:

The market in the United States is anticipated to increase by US$ 1.7 billion in absolute terms from 2023 to 2033, reaching a value of US$ 3.1 billion. From 2018 to 2022, the market in the United States grew at a CAGR of 11.4%, and from 2023 to 2033, it is anticipated to grow at a CAGR of 8.4%.

Leukemia is the most prevalent type of blood cancer that can afflict people of all ages. Chronic lymphocytic leukaemia is the most common type of leukaemia in adults (CLL). In the United States, there were an additional 3.7 million new cases of blood cancer in 2020. A total of 23,000 fatalities and
60, 000 new cases of leukaemia were documented.

In general, laboratory filtration methods, such as microfiltration and ultrafiltration, are crucial instruments in the study of cancer. They enable scientists to focus on particular chemicals or cells that are crucial for the prevention, diagnosis, and treatment of cancer, which has an impact on the market's expansion.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:-

• Merck Mellipore,
• Danaher Corporation,
• Sartorius AG,
• 3M Company,
• GEA Group Aktiengesellschaft,
• Steris,
• Thermo Fisher Scientific,
• Veolia Water Technologies,
• Avantor, Inc.,
• GVS S.p.A.,
• MANN+HUMMEL,
• Agilent Technologies, Inc.,
• Ahlstrom-Munksjo,
• MACHEREY-NAGEL GmbH & Co. KG,
• sAMD Manufacturing, Inc.

𝐀 𝐟𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐋𝐚𝐛𝐨𝐫𝐚𝐭𝐨𝐫𝐲 𝐅𝐢𝐥𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• 𝐈𝐧 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟏, Agilent and SGS announced a collaboration to develop new solutions for testing and analysis in the food and agriculture industry. The collaboration aims to develop new methods for analyzing contaminants and quality parameters in food and agricultural products, with the aim of improving food safety and quality.

• 𝐈𝐧 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟏, Steris announced the acquisition of Peel-Away Labs, a leading provider of single-use, disposable packaging solutions for infection prevention and control. The acquisition expands Steris's portfolio of products and services for the healthcare market and strengthens its position in the global infection prevention market.

𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞

Fact.MR, in its new offering, presents an unbiased analysis of the Laboratory Filtration Market, presenting historical market data (2018-2022) and forecast statistics for the period from 2023 to 2033.

The study reveals extensive growth in Laboratory Filtration Market by Product (Filtration Media, Filtration Assemblies, Filtration Accessories), by Technique (Microfiltration, Ultrafiltration, Reverse Osmosis, Vacuum Filtration, Nanofiltration) by End User (Pharmaceutical & Biotechnology Companies, Hospital & Diagnostic Laboratories, Academic & Research Institutions) by Region(North America, Latin America, Europe, Asia- Pacific , Middle East and Africa) - 2023 to 2033

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8772?pj

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This release was published on openPR.