As Per the Report, the Size of the Asia Pacific Laboratory Filtration Market Size is expected to reach USD 780 Million by 2024 from USD 520 Million which is valued at 2019, growing at a CAGR of 8.47% during the forecast period 2019-2024.
Filtration is a necessary process step in almost all kinds of laboratories related to environmental, chemistry, and life sciences applications. It is the most common technique used either to purify or concentrate samples in the laboratory. The basic equipment used for the filtration process has evolved over the years and the market is witnessing modern, sophisticated filtration methods capable of ultra-purifying the sample which could not have been possible with conventional methods. Laboratory filtration equipment helps an analyst in sample clarification before analysis, mobile phase filtration, sample sterilization, membrane-based microbiology, particle sampling before analysis, etc.
The global market for laboratory filtration equipment is therefore driven by an increase in research & development activities in the field of medicine and healthcare. The demand for these products is also rising due to the pursuit of producing pure and safer products with minimal risk of contamination.
The rising application of filtration technology in pharmaceutical, biopharmaceutical, and food & beverage industries and the rising demand for more efficient filters are the key factors boosting the market growth. The market is witnessing the launch of new transforming and innovative technologies in lab filtration and filter media products. The uptake of analytical instruments, stringent regulations controlling the quality of products used in laboratories, and growth in the demand for biopharmaceutical molecules for therapeutic and diagnostic applications.
However, strict government protocols for filtration processes especially in the pharmaceutical and food and beverage industries is having a negative impact on the growth of the market.
Asia Pacific Laboratory Filtration Market has been segmented and sub-segmented into the following categories
On the basis of technology, the microfiltration segment dominated this sector. Ultrafiltration is one of the fastest-growing technologies and is anticipated to witness a significant CAGR over the forecast period.
On the basis of End User, the pharmaceutical and biopharmaceutical companies dominate the end-user market with the highest growth rate.
On the basis of region, the Asia-Pacific region represents the highest growth opportunity for the laboratory filtration market. The growth in this market is mainly driven by the increased focus of healthcare and food and beverage industries on improving the quality of products and research output.
The laboratory filtration markets in Asia-Pacific regions of Japan and India are likely to register significant growth during the forecast period due to the growing pharmaceutical industry, an increasing number of companies setting up the operational facilities in the region, and increased awareness and acceptance of new filtration technologies.
Top Companies dominating the Asia Pacific Laboratory Filtration Market Profiled in the Report are Merck Millipore and Pall Corporation, GE Healthcare, Sartorius Group, 3M Purification Inc., Thermo Fisher Scientific Inc., Cantel Medical Corporation, Cuno, Dow Water & Process Solutions, FilmTec Corporation, GE Healthcare, and Sigma-Aldrich Corporation.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Filteration Media
5.1.2.1 Membrane Filters
5.1.2.2 Filter Papers
5.1.2.2.1 Cellulose Filter Papers
5.1.2.2.2 Glass Microfiber Filter Paperss
5.1.2.2.3 Quartz Filter Papers
5.1.2.3 Filtration Microplates
5.1.2.4 Syringeless Filters
5.1.2.5 Syringe Filters
5.1.2.6 Casule Filters
5.1.2.7 OtherFilteration Media
5.1.3 Filteration Assemblies
5.1.3.1 Microfiltration Assemblies
5.1.3.2 Ultrafiltration Assemblies
5.1.3.3 Reverse Osmosis Assemblies
5.1.3.4 Vacuum Filtration Assemblies
5.1.3.5 Other Filtration Assemblies
5.1.4 Filtration Accessories
5.1.4.1 Filter Holders
5.1.4.2 Filter Flasks
5.1.4.3 Filter Funnels
5.1.4.4 Filter Dispensers
5.1.4.5 Cartridge Filters
5.1.4.6 Filter Housings
5.1.4.7 Vacuum Pumps
5.1.4.8 Seals
5.1.4.9 Other Laboratory Filtration Accessories
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Technology
5.2.1 Introduction
5.2.2 Ultrafiltration
5.2.3 Microfiltration
5.2.4 Nanofiltration
5.2.5 Reverse Osmosis
5.2.6 Y-o-Y Growth Analysis, By Technology
5.2.7 Market Attractiveness Analysis, By Technology
5.2.7 Market Share Analysis, By Technology
5.3 End User
5.3.1 Introduction
5.3.2 Pharmaceutical & Biopharmaceutical
5.3.3 Companies Academic & Research Institutes Food & Beverage
5.3.4 Companies Hospital
5.3.5 Diagnostic Laboratories
5.3.6 Y-o-Y Growth Analysis, By End User
5.3.7 Market Attractiveness Analysis, By End User
5.3.8 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Technology
6.1.3.4 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Technology
6.1.4.4 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Technology
6.1.5.4 By End User
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
6.7 Rest of Asia pacific
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Merck Millipore and Pall Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 GE Healthcare
8.3 Sartorius Group
8.4 3M Purification Inc.
8.5 Thermo Fisher Scientific Inc.
8.6 Sigma-Aldrich Corporation.
8.7 Cantel Medical Corporation
8.8 Dow Water & Process Solutions
8.9 FilmTec Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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