Laboratory Filtration Market is Expected to Reach a Valuation of US$ 8.7 Billion by 2033

According to a recent Fact.MR analysis, the laboratory filtration market is expected to generate $3.4 billion in revenue in 2022 and rise at an 8.6% CAGR from 2023 to 2033. By the end of 2033, the market is estimated to be valued at $8.7 billion. Filtration media dominates the market, with a projected CAGR of 8.4% between 2023 and 2033.

Laboratory filtration is the process of separating solids, liquids, and gases in a laboratory environment using various filtering processes. It is the process of removing contaminants and particles from a sample or solution using various types of filters, membranes, or other filtration medium. It is widely employed in a variety of fields, including biotechnology, pharmaceuticals, food and beverage, environmental studies, and academic research.

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

Laboratory filtration is a key step in generating accurate and exact laboratory results, as well as assuring product safety and quality in a variety of sectors.

Membrane filtration and automated filtration systems are popular techniques in laboratory filtration. In 2020, membrane filtration was estimated to be worth $13.6 billion, while automated filtration systems were worth more than $2 billion. Technological improvements have resulted in the creation of enhanced laboratory filtration solutions that operate better, are more accurate, and require less processing time. This effects market growth.

According to the World Health Organization (WHO), lung cancer is the most frequent cancer worldwide. In 2018, more than 2.1 million new cases were diagnosed, with an estimated 1.76 million deaths. Overall, laboratory filtration techniques, such as microfiltration and ultrafiltration, are valuable tools in cancer research. The increase in occurrences of lung cancer has an impact on the growth of the laboratory filtration industry.

Analysis by country:

The market in the United States is expected to grow by $1.7 billion in absolute terms between 2023 and 2033, reaching $3.1 billion. The market in the United States increased at a CAGR of 11.4% between 2018 and 2022, and it is expected to grow at an 8.4% CAGR between 2023 and 2033.

Leukemia is the most common type of blood cancer and can affect people of any age. Adults are most likely to develop chronic lymphocytic leukaemia (CLL). In 2020, the United States saw an additional 3.7 million new cases of blood cancer. There were 23,000 fatalities and 60,000 new cases of leukemia.

In general, laboratory filtration procedures such as microfiltration and ultrafiltration are critical tools in the research of cancer. They allow scientists to focus on specific molecules or cells that are critical for cancer prevention, diagnosis, and treatment, influencing market growth.

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.

Read More: https://www.factmr.com/report/laboratory-filtration-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

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.