Title: Laboratory Filtration Equipment and Supplies Market Value is Expected to Rise to US$ 2.1 Bn by 2019 - 2027
1Testing
Report Id REP-GB-8499 Published On
Jan-2019 Category Testing
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4Laboratory Filtration Equipment and Supplies
Market Analysis
- Laboratory Filtration Equipment and Supplies
Market to Extent an Assessed Value of US 2.1 Bn
by 2019 - 2027 - VALLEY COTTAGE -The ultrafiltration technique is
becoming a preferred choice among end users in
the laboratory filtration equipment and supplies
market. Recent improvements in cartridge
configurations and varied membrane types have
enhanced the technical reliability for large
volume applications such as industrial waste
water treatment and surface water treatment. - A new report by Future Market Insights (FMI)
presents a comprehensive revenue assessment of
the global laboratory filtration equipment and
supplies market and throws light on the various
factors influencing growth in sales of laboratory
filtration equipment and supplies. The study
further highlights various developments among the
leading players operating in the laboratory
filtration equipment and supplies market.Key
Developments in the Laboratory Filtration
Equipment and Supplies Market - In 2018, Merck, a Germany-based manufacturer of
laboratory filtration equipment and supplies,
launched a user-friendly single-use flow
filtration device that reduces the risk of
cross-contamination in products and prevents
exposure to toxic compounds
5Laboratory Filtration Equipment and Supplies
Market Analysis
- Dow Chemicals launched ultrafiltration modules
that reject particulates that are 0.03 microns
and above. This equipment is frequently used in
industrial water pre-treatment, as well as in
wastewater and water reuse systems - Hungerford Terry, a provider of water treatment
systems, has collaborated with Dow Chemicals to
launch ultrafiltration products such as
ultrafiltration membranes, hollow fibre, etc. - These developments are expected to positively
impact growth of the global laboratory filtration
equipment and supplies market. - Increasing Adoption in DNA Analysis and Drug
Screening Processes to Drive Revenue in
the Laboratory Filtration Equipment and Supplies
Market - On the basis of end use, the laboratory
filtration equipment and supplies market is
segmented into food beverage companies,
pharmaceutical biotechnology companies,
hospital diagnostic laboratories, and academic
research institutes. Filtration equipment is
gaining traction and is used during the process
of drug screening and DNA analysis as these
processes require high purity and sterility.
Manufacturers in the laboratory filtration
equipment and supplies market are focussing on
offering upgraded laboratory filtration equipment
and supplies for various applications such as
insulin pumps, patient monitors, dialysis
machines, and others. This equipment is also used
during the purification of DNA, RNA,
oligonucleotides, as well as in the preparation
of complex drugs.
6Laboratory Filtration Equipment and Supplies
Market Analysis
- Multiple Applications of Laboratory Filtration
Equipment and Supplies Across Diverse Industry
Verticals - Manufacturers of laboratory filtration equipment
and supplies have started offering industry and
application specific devices to cater to the
growing needs of industries such as
pharmaceuticals and food and beverages. While
pharmaceutical and biotechnology companies are
increasingly adopting filtration equipment for
particle separation and to reduce risk and
improve quality, food and beverage companies are
demanding laboratory filtration equipment and
supplies to enhance product quality and maintain
the requisite ingredient quantity in product
formulations. The adoption of laboratory
filtration equipment and supplies across
industries is gradually increasing, and this is
pushing revenues in the global market. - North America to Remain Largest Revenue Pocket
for Laboratory Filtration Equipment and Supplies - A strong presence of pharmaceutical and
biotechnology companies and growing research and
development activities in North America are the
main factors positively impacting revenue growth
of the North America laboratory filtration
equipment and supplies market. Increased RD
spending in the U.S. (accounting for 2.7 of its
GDP) is expected to bode well for the laboratory
filtration equipment and supplies market in North
America. The APEJ laboratory filtration equipment
and supplies market is expected to register
significant growth owing to the rapid
industrialisation and growing penetration of
international pharmaceutical and biotechnology
companies in the region.
7Laboratory Filtration Equipment and Supplies
Market Analysis
- Competitive Landscape of the Laboratory
Filtration Equipment and Supplies Market - As per FMI analysis, Thermo Fisher Scientific is
one of the prominent vendors in the laboratory
filtration equipment and supplies market. The
company offers laboratory filtration equipment
and supplies with upgraded features for varied
end-use industries such as pharmaceutical
biotechnology companies, academic research
institutes, and others. Some of the other market
participants featured in FMIs global laboratory
filtration equipment and supplies market report
are Pall Corporation, Merck Millipore, Sartorius
Group, 3M Company, GE Healthcare, Sartorius,
MACHEREY-NAGEL GmbH Co. KG, Synder Filtration,
Inc., AMD Manufacturing Inc., Microfilt India
Pvt. Ltd. and GEA Filtration. Many of the leading
players in the laboratory filtration equipment
and supplies market are focussing on entering the
untapped markets of developing regions. - Press-release Source - https//www.globenewswire.c
om/news-release/2019/02/04/1709912/0/en/Laboratory
-Filtration-Equipment-and-Supplies-Market-to-Refle
ct-Steady-Growth-Rate-of-US-2-1-Bn-by-2027-Future-
Market-Insights.html
8Laboratory Filtration Equipment and Supplies
Market Analysis
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dimeter-market - About Us
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intelligence and consulting firm. We deliver
syndicated research reports, custom research
reports and consulting services which are
personalized in nature. FMI delivers a complete
packaged solution, which combines current market
intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial
view of the competitive framework and future
market trends.
9Laboratory Filtration Equipment and Supplies
Market Analysis
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