Asia Pacific Laboratory Filtration Market Growth Forecast Report 2021
The Asia Pacific Laboratory Filtration Market is anticipated to grow at 8.47% CAGR from 2016 to 2021 and it is estimated that the Asia-Pacific market was valued at USD 0.45 billion in 2016 and is anticipated to reach USD 0.67 billion by 2021.
(EMAILWIRE.COM, February 06, 2018 ) Filtration is a necessary process step in almost all kind 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 filtration process has evolved over the years and 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 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 Asia Pacific Laboratory Filtration Market is anticipated to grow at 8.47% CAGR from 2016 to 2021 and it is estimated that the Asia-Pacific market was valued at USD 0.45 billion in 2016 and is anticipated to reach USD 0.67 billion by 2021
Read more Insights at https://www.marketdataforecast.com/market-reports/asia-pacific-laboratory-filtration-market-4974/
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 pharmaceutical and food and beverage industries is having a negative impact on the growth of the market.
The Asia Pacific Laboratory Filtration market Segmented by Technology, Product and End User. On the basis of product, it is segmented into Ultrafiltration, Microfiltration, Nanofiltration and Reverse Osmosis. The membrane filters account for the largest market share in this segment of filtration media market, followed by filter papers and filtration microplate. The capsule filters segment, on the other hand, is projected to witness the highest growth in the coming years.
Download free sample report at https://www.marketdataforecast.com/market-reports/asia-pacific-laboratory-filtration-market-4974/request-sample
On the basis of Technology, it is segmented into Assembly, Filter Paper, Membrane, Syringe Filters, Filtration Microplate and Accessories. Reverse osmosis, ultrafiltration, vacuum filtration, nanofiltration, and microfiltration are the key technologies of the laboratory filtration market. 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, it is segmented into pharmaceutical & Biopharmaceutical, Companies Academic & Research Institutes Food & Beverage, Companies Hospital and Diagnostic Laboratories. The pharmaceutical and biopharmaceutical companies dominate the end users market with the highest growth rate.
On the basis of geography, the market is analyzed under various regions namely India, China, Japan, South Korea and Australia. The Asia-Pacific region represents the highest growth opportunity for the laboratory filtration market. The growth in this market is mainly driven by 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, increasing number of companies setting up the operational facilities in region, and increased awareness and acceptance of new filtration technologies.
Some of the major companies dominating the market 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.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of Technology, Product and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
The global market for laboratory filtration equipment is therefore driven by 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 Asia Pacific Laboratory Filtration Market is anticipated to grow at 8.47% CAGR from 2016 to 2021 and it is estimated that the Asia-Pacific market was valued at USD 0.45 billion in 2016 and is anticipated to reach USD 0.67 billion by 2021
Read more Insights at https://www.marketdataforecast.com/market-reports/asia-pacific-laboratory-filtration-market-4974/
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 pharmaceutical and food and beverage industries is having a negative impact on the growth of the market.
The Asia Pacific Laboratory Filtration market Segmented by Technology, Product and End User. On the basis of product, it is segmented into Ultrafiltration, Microfiltration, Nanofiltration and Reverse Osmosis. The membrane filters account for the largest market share in this segment of filtration media market, followed by filter papers and filtration microplate. The capsule filters segment, on the other hand, is projected to witness the highest growth in the coming years.
Download free sample report at https://www.marketdataforecast.com/market-reports/asia-pacific-laboratory-filtration-market-4974/request-sample
On the basis of Technology, it is segmented into Assembly, Filter Paper, Membrane, Syringe Filters, Filtration Microplate and Accessories. Reverse osmosis, ultrafiltration, vacuum filtration, nanofiltration, and microfiltration are the key technologies of the laboratory filtration market. 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, it is segmented into pharmaceutical & Biopharmaceutical, Companies Academic & Research Institutes Food & Beverage, Companies Hospital and Diagnostic Laboratories. The pharmaceutical and biopharmaceutical companies dominate the end users market with the highest growth rate.
On the basis of geography, the market is analyzed under various regions namely India, China, Japan, South Korea and Australia. The Asia-Pacific region represents the highest growth opportunity for the laboratory filtration market. The growth in this market is mainly driven by 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, increasing number of companies setting up the operational facilities in region, and increased awareness and acceptance of new filtration technologies.
Some of the major companies dominating the market 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.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of Technology, Product and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results