DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7q4vkc/laboratory) has announced the addition of the "Laboratory Filtration Market by Technology, Product, Accessories & by End-User - Global Forecasts to 2019" report to their offering.
The global laboratory filtration market is expected to grow at a strong CAGR during the forecast period of 2014-2019 and is estimated to be worth $2,532.6 million by 2019
The market is mainly driven by the increasing research activities in the pharmaceutical and biotechnology segments, and growing demand for biotech molecules for therapeutic and diagnostic applications and increasing purity requirements in end-user markets. However, technological developments cutting down the use of the membrane filtration technology may hamper the growth of the market to a certain extent.
During the forecast period the microfiltration segment will continue to dominate the laboratory filtration market. Microfiltration segment is growing primarily due to increasing use of microfiltration membranes as prefilters to ultrafiltration and reverse osmosis processes. Furthermore, growing demand of filtration technologies in pharmaceutical and biopharmaceutical industries is also expected to drive the growth of the laboratory filtration market.
By 2019, North America will be the largest share to the global laboratory filtration market, followed by Europe, Asia-Pacific, and RoW. Developed markets like North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market. The Asia Pacific region is expected to have the fastest market growth during the forecast period, largely driven by the increasing research funding form government and private investors and growing number of research laboratories.
Pall Corporation (U.S.) and Merck Millipore (U.S.) are the leading players, together accounting for around 35% to 40% share in the global laboratory filtration market in 2013. Pall Corporation has a diversified product portfolio, which includes a wide range of filtration products including filter capsules, membrane filters, filter funnels, filter holders, syringe filters, and laboratory water purification systems. The company has an extensive experience and expertise in filtration technology.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Laboratory Filtration Market, By Technology
8 Global Laboratory Filtration Equipment Market, By Type
9 Global Lab Filtration Accessories Market, By Type
10 Global Laboratory Filtration Market, By End User
11 Laboratory Filtration Market, By Geography
12 Competitive Landscape
13 Company Profiles
- 3M Company
- Cantel Medical Corp.
- General Electric Company
- Merck Millipore
- Pall Corporation
- Sartorius Group
- Sigma-Aldrich Corporation
- Sterlitech Corporation
- Thermo Fisher Scientific, Inc.
- Veolia Water Technologies Corporation
For more information visit http://www.researchandmarkets.com/research/7q4vkc/laboratory