Global Laboratory Filtration Market Show Exponential Growth by 2024by VynZ Research Marketing Research Consultant
The global laboratory filtration market is growing at a significant rate, due to mounting purity needs in end-user segments, and technological advancement. Different technologies such as vacuum filtration, microfiltration, reverse osmosis, ultrafiltration, and nanofiltration contributed to the laboratory filtration market size.
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On the basis of technology, the market is subdivided into vacuum filtration, microfiltration, reverse osmosis, ultrafiltration, and nanofiltration. Of all the technologies, the microfiltration accounted foremost share and is expected to grow at the fastest rate in the laboratory filtration market due to its extensive application in pharmaceutical and biotechnology industries for separation of cell debris, interpretation, and distillation of cell broths, separation of macromolecules, and mounting demand for biological and generic drugs.
Mounting purity needs in end-user segments, technological advancement, escalating finance for research, the upsurge in the implementation of filtration products in clinical laboratories, and escalating emphasis on developing large-molecule biopharmaceuticals are the primary growth drivers for laboratory filtration market.
North America is the largest laboratory filtration market as in the region the pharmaceutical research is increasing. Asia-Pacific is observed to witness the fastest growth in the market, due to the mounting emphasis of healthcare and food and beverage industries on refining the quality of products and research.
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GE Healthcare, Merck Millipore, 3M Company, Thermo Fisher Scientific, Inc., Danaher Corporation, Macherey–Nagel Gmhb & Co. Kg and Sartorius Group are the key players offering laboratory filtration.
Source: VynZ Research
Created on Apr 24th 2019 05:59. Viewed 223 times.
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