Global Laboratory Filtration Market 2016-2020

This market research report identifies 3M Purification, GE Healthcare, Merck, Sartorius, and Thermo Fisher Scientific as some of the leading vendors in the global laboratory filtration equipment market. A comprehensive analysis of this report is also presented by technology (microfiltration, ultrafiltration, and reverse osmosis), by product (filtration assemblies and membrane filter), and by geography (the Americas, APAC, Europe, and MEA).

Overview of the laboratory filtration equipment market

The global laboratory filtration equipment market is expected to witness rapid growth at an impressive CAGR of more than 8% over the forecast period. Filtration is a common process used across several end-user industries, such as pharmaceuticals, food and beverage, biotechnology, healthcare, and academia, among many others. From finding applications in sample purification before analysis to various industrial and research applications, filtration has extensive applications, leading to an augmented demand for filtration equipment. Some of the relatively newer applications of filtration include DNA and protein separation and analysis, cell culturing, drug screening, and virus removal. Each of these applications employs different technologies and equipment for filtration. According to the market research analysts at Technavio, an overall increase in the number of applications of filtration will fuel this market’s growth in the coming years.

One of the emerging trends propelling the growth prospects for this market is the increasing level of automation in laboratory equipment. The laboratory filtration equipment has come a long way from a porous layer of paper or a membrane to the modern larger complex filtration equipment with the ability to control the level of filtration. With laboratory filter being integrated into another laboratory equipment like sample handling equipment, the level of automation has increased significantly. The integration of these laboratory filter equipment with other devices will improve flexibility, allow continuous process flow of the samples, and reduce processing time and human supervision.

Competitive landscape and key vendors

The global laboratory filtration equipment market is characterized by the presence of well-established vendors, which account for a significant share of the market. Their global presence is strong, with support centers spread throughout the globe. With the growth in the investments in R&D concentrated within APAC and South America over the forecast period, particularly in the pharmaceutical, healthcare, and food and beverage industries, there is a massive potential for the growth of the market in these regions. The leading market players compete in terms of size, quality, pricing, and product differentiation. The lack of a strong distribution network restricts the entry of new players. Therefore, vendors must expand geographically while reviving domestic demand to achieve sustained growth.

Key vendors in this market are 

• 3M Purification
• GE Healthcare
• Merck
• Sartorius
• Thermo Fisher Scientific

Other prominent vendors in the market include Ahlstrom, Carolina Biological Supply, Cole-Parmer, Eaton, Eisco Labs, Hahnemühle, Microclar, Omicron Scientific, Pall Corporation, Qorpak, Scientific Equipment of Houston (SEH), SP Industries, Toyo Roshi Kaisha, and VWR.

Segmentation by technology and analysis of the laboratory filtration equipment market

• Microfiltration
• Ultrafiltration
• Reverse osmosis

The microfiltration segment was the highest revenue-generating segment in the laboratory filtration equipment market and accounted for close to 39% of the market revenue shares during 2015. This segment includes products such as microfiltration capsules, modules, cassettes, and cartridges. Some of the major end users of this technology include the pharmaceutical industry, biopharmaceutical manufacturing, food, and beverage industry for food processing, textile industry, and semiconductor industry for fabrication. The increasing investments in pharmaceutical research and manufacturing will bolster this segment’s growth over the next four years.

Geographical segmentation and analysis of the laboratory filtration equipment market

• Americas
• APAC
• Europe
• MEA

In terms of geography, the Americas led the laboratory filtration equipment market and is expected to hold over 37% of the total market shares by 2020. The US alone accounted for one-fourth of the overall global revenue of the market as it is home to several major vendors in the market including GE Healthcare, 3M Purification, and Thermo Fisher Scientific. The increasing applications of filtration technologies in pharmaceutical research is one of the primary factors driving this market’s growth in the Americas. Moreover, the increasing use of ultrafiltration and microfiltration technologies in research laboratories and clinical diagnostics will also lead to an augmented demand for these products.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global laboratory filtration equipment market?
• What are the key market trends impacting the growth of the global laboratory filtration equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global laboratory filtration equipment market?
• What are the market opportunities and threats faced by the vendors in the global laboratory filtration equipment market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the global laboratory filtration equipment market?

Technavio also offers customization on reports based on specific client requirement.

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