Laboratory Filtration Market is expected to value at USD 3.6 billion by 2024. The market is subject to witness a substantial growth due to the growing prevalence of target diseases such as water-borne diseases, immunodeficiency diseases, and cancer. The rise in the number of application in pharmaceutical, biopharmaceutical, and food & beverage industries for filtration technology and the introduction of efficient filters are the major contributing factors accentuating the industry growth, in the recent years. Globally, the laboratory filtration industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
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The key driving factors responsible for the growth of Laboratory Filtration market :
Laboratory filtration provide sanitized filtration, bio-burden reduction, air purification, oil & gas filtration and membrane filtration. The recent technological advancements in pharmaceutical and biopharmaceutical industry coupled with introduction of novel technologies for large volume filtration are expected to fuel the growth of laboratory filtration market over the forecast period. Introduction of particulate filter, which is manufactured by 3M Purification, Inc., uses advanced pleat technology in order to increase the filtration surface area at the same time controlling standard filter dimensions.
Some of the common application of the laboratory filtration solution include drug discovery & development, microbial diagnosis, virus identification, research laboratories, and water purification & water treatment plants. High-end requirement for throughput filtration products while the performing down-streaming process, substantial increase in the use of analytical instruments, and adoption of highly sophisticated filtration methods for ultra-purification are anticipated to foster the growth of laboratory filtration industry over the next seven years. Advent of a broad range of ash-less filter papers and qualitative filter papers to carry out quantitative routine analysis and general laboratory filtration processes are driving industry growth in the recent years.
Growing prevalence of water-borne diseases such as cholera, diarrhea, and typhoid, particularly in the African region and Asia-Pacific region are expected to stimulate market demand for laboratory filtration with improved filtration capacity and efficiency in the near future. Growing adoption of new age filter membranes such as Nalgene to perform microbial analysis are predicted to play a major role for future industry growth.
The laboratory filtration market is broadly categorized into five major segments based on the application type such as microfiltration, nano-filtration, vacuum filtration, ultrafiltration, and reverse osmosis. The microfiltration is considered as one of the fastest growing segment in the laboratory filtration industry with substantial revenue generation in the last few years. Growing popularity of the microfiltration segment is attributed to the increasing adoption of old sterilization of API and enzymes and for separation of solid-liquid phases across number of end-user industries. The ultrafiltration segment has also witnessed substantial growth owing to their numerous advantages such as simple treatment process, easy handling, and low energy consumption over the traditional techniques.
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This separation results in a separation film that is an excellent conductor of electricity; nevertheless, the electrical charges remain highly mobile.
The flow of the separation film separates the soluble and non-soluble components.
Chemical, mechanical (mesh-net and screen), and biological laboratory filtration methods are the most widely utilized.The particles and impurities are forced through a fine mesh screen in mechanical filtration.
This solidification process produces tiny particles, which are then gathered on the screen.
To grow and survive, this approach employs microorganisms that have reached the stage of a live cell.
These biological filters are suitable for usage in the pharmaceutical, food, and animal processing sectors, as well as in natural disaster cleaning.A pressurized air filter is a sophisticated yet efficient kind of laboratory filtering in healthcare.
The global industrial air filtration market size is estimated to touch USD 18.0 billion by the end of 2027 and is projected to register a CAGR of 7.3% during the forecast period 2020 to 2027, according to a new report by Million Insights.
Additionally, technological development in new filter media is projected to bode well with the market growth.
This is expected to bolster the need for air filtration systems in power industries.
Furthermore, stiff government regulations with a focus on reducing airborne pollutants are projected to foster the demand for air filtration systems.
In addition, various air quality standards such as the Clean Air Act, the Occupational Safety & Health Act (OSHA) are expected to positively impact market growth.
The prominent companies are emphasizing on adopting green manufacturing as a sustainable alternative.
