The "Laboratory Filtration Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Laboratory Filtration Equipment Market to Reach $3 Billion by 2030
The global market for Laboratory Filtration Equipment estimated at US$1.7 Billion in the year 2023, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2023-2030.
In 2023, the competitive landscape of filtration equipment worldwide is examined, categorizing players based on their market presence as strong, active, niche, or trivial. The report provides an overview of filtration, detailing various techniques and types of laboratory filtration equipment.
Microfiltration, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$922.9 Million by the end of the analysis period. Growth in the Ultrafiltration segment is estimated at 9% CAGR for the next 8-year period. Major end-use markets for filtration equipment are identified, along with insights into global market prospects and outlook. Microfiltration equipment emerges as a leading segment in the global market, with biopharmaceutical and pharmaceutical companies expected to drive growth.
The U.S. Market is Estimated at $557 Million, While China is Forecast to Grow at 9% CAGR
Developed regions are seen to lead market growth, reflecting the higher adoption rates and infrastructure in these areas. The competitive landscape is analyzed, highlighting recent market activity and strategies adopted by key players to maintain their positions and capitalize on emerging opportunities.
The Laboratory Filtration Equipment market in the U.S. is estimated at US$557 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$364.4 Million by the year 2030 trailing a CAGR of 9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 464 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $1.7 Billion |
Forecasted Market Value (USD) by 2030 | $3 Billion |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS (Total 64 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/l5zn1c
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