Laboratory Filtration Devices Market Analysis and Forecast Study for 2017-2027
Laboratory Filtration Devices Market: Drivers and Restraints
Global market for laboratory filtration devices is expected to be driven by increasing pace of research and development activities in pharmaceutical, life sciences and biotechnology industry. Thus, increasing research activities in the biopharmaceuticals segment, and focus on development of biopharmaceutical molecules is fueling the growth of global laboratory filtration devices market. However, increasing competition from local and Chinese players and requirement of is expected to hinder the growth of laboratory filtration devices market over the forecast period.
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Laboratory Filtration Devices Market: Segmentation
The global laboratory filtration devices market has been segmented on the basis of product type, utility, technology, end user, and geography.
Based on product type, the global laboratory filtration devices market is divided into following:
Fibrous Filters (glass fibers, quartz filters etc.)
Vacuum Filtration Devices
Pressure Driven Filtration Devices
Based on utility, the laboratory filtration devices market is divided into following:
Based on technology, the laboratory filtration devices market is divided into following:
Cross Flow Filtration
Based on retail end user, the laboratory filtration devices market is segmented as below:
Academic and Research Institutes
Contract Research Organizations
Food and Beverage Companies
Laboratory Filtration Devices Market: Overview
The global market for laboratory filtration devices is highly fragmented with presence of local and regional players. Top 5 players in the market account for more than half of the market share due to specific product features offered specifically for use in life science and biotechnology industry. Obvious use of Whatman and other filter papers in academic and research laboratories causes the highest demand for membrane filters followed by syringe filters. Based on techniques, microfiltration techniques are expected to hold the largest share in the global laboratory filtration devices market.
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Laboratory Filtration Devices Market: Regional Wise Outlook
Geographically, the laboratory filtration devices market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The market in Asia Pacific and Japan is expected to grow at significant CAGR due to increasing number of research institutes in countries such as India, Australia and Japan. North America will continue to hold largest share in the laboratory filtration devices market. Many of the best academic institutions are located in the U.S. and a culture positive to innovation as well as the presence of venture capital has led to the emergence of a number of regions with top universities and businesses.
Laboratory Filtration Devices Market: Key Players
Some of the players operating in the global laboratory filtration devices market are Spectum Inc., GE Healthcare, Merck KGaA, Thermo Fisher Scientific Inc., Cole-Parmer Instrument Company, LLC., Spectrum Chemical Manufacturing Corp., Sartorius AG, Pall Corporation and others.
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