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Based on product, the laboratory filtration market has been categorized into filtration media, filtration assemblies, and filtration accessories. During the forecast period, the market is expected to witness the fastest growth in the category of filtration assemblies, exhibiting a CAGR of 7.7%. Filtration assemblies have been sub-categorized into microfiltration, ultrafiltration, reverse osmosis, vacuum filtration, and others.
On the basis of technology, the laboratory filtration market has been categorized into microfiltration, ultrafiltration, reverse osmosis, nanofiltration, vacuum filtration, and others. Among these, the fastest growth in the market during the forecast period is expected from the nanofiltration technology, with 10.4% CAGR.
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In order to increase their market share, key players in the laboratory filtration industry are developing and introducing new products. For instance, in February 2018, Merck KGaA launched Viresolve barrier capsule filters to reduce the risk of bioreactor contamination. Viresolve barrier filters are designed to remove viruses, mycoplasma, and bacteria from cell culture media.
Some of the key players operating in the laboratory filtration market are General Electric Company, Cantel Medical Corporation, Thermo Fisher Scientific Inc., Danaher Corporation, 3M Company, Sartorius AG, and MACHEREY-NAGEL GmbH & Co. KG.
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