Key vendors are capitalizing on the popularity of online media to develop a competitive edge and increase sales
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global laboratory filtration market in their latest research report. This report also lists 14 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of filtration media, filtration assemblies, and accessories sold at their retail prices.
This Technavio report, under lab equipment vertical, is based on the synthesis, analysis, and interpretation of information about the global laboratory filtration market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The strong global presence of major players in the market accounts for a significant share in the market. The market has a huge potential to grow with the growth in the healthcare, pharmaceutical, R&D, and food and beverage industries in the APAC and South American regions. These regions are expected to witness the fastest growth in the forecast period. To gain maximum market shares, the vendors compete on the basis of pricing, size, quality, and product differentiation. Apart from this, the growth of the players also depends on market conditions, R&D investment, product development, and industry development. Thus, the vendors must expand their businesses geographically and distinguish their product and service offerings to achieve a sustained growth.
“Huge competition among the major players of the market has led to the introduction of many innovative marketing and distribution solutions. The market includes manufacturers of simple filters and large-scale filtration systems. For small product manufacturers the e-commerce platform has been helpful to promote over the past decade. And, this trend is likely to gain traction during the forecast period,” says Abhay Sinha, a senior analyst at Technavio for research on lab equipment.
Top five vendors in the laboratory filtration market space
3M Purification
This company basically designs, manufactures, and markets a wide range of filtration products for the clarification, separation, and purification of fluids and gases. Through a network of retail stores and online retailers, the company offers its products to the customers in the US and globally. The company offers its products to various industries, including chemicals, electronics, paints and coatings, automotive, oil and gas, general industrial, and utilities.
Some key products: Cellulose-based depth filters, Cylindrical absolute depth filters, Pleatedmicroporous membrane filters, etc.
GE Healthcare
GE healthcare basically operates as a subsidiary of GE Electrical, a multinational conglomerate company. It is a medical device company that deals with the production and marketing of diagnostic imaging systems, healthcare IT solutions, and patient monitoring and cardiac devices. It basically serves healthcare professionals and their patients in more than 130 countries. The company has proficiency in software and IT, medical imaging, patient monitoring and diagnostics, biopharmaceutical manufacturing technologies, drug discovery, and performance improvement solutions. It makes its products and services available to medical facilities, hospitals, pharmaceutical and biotechnology companies, and the life science research market.
Some key products: Cellulose filter papers, Glass microfiber filters, Quartz filters, etc.
Merck
The company is active in more than 66 countries worldwide through its subsidiaries. Merck develops, manufactures, and commercializes prescription drugs, over-the-counter (OTC) pharmaceuticals, and specialty chemical products. With an array of offerings, the company has established its presence in the global laboratory filtration market. The company offers a wide range of filtration products through its key subsidiaries EMD Millipore and Sigma-Aldrich. The company has a wide product portfolio for enabling efficient sample preparation within the life sciences sector.
Some key products: Milli-Q integral water purification system, Pellicon ultrafiltration cassettes, Cogent µScale TFF system, etc.
Sartorius
Sartorius established its presence in the global laboratory filtration market with its wide range of offerings. The company offers a wide range of filtration solutions, including ultrafiltration, sterile filtration, air and gas filtration, and pre-filtration and depth filtration. It is basically a pharmaceutical and laboratory equipment supplier. It deals with the designing, manufacturing, and selling of a variety of laboratory and process technologies and equipment worldwide. Its key service offerings include instrument services, validation, process analysis, process optimization, and training. Some of the company’s brands are DENARASE, FlexAct, CONFIDENCE, DISCOVER, EXPAND, INCREASE, EXTEND, and EXPAND.
Some key products: Minisart GF syringe filter units, Quartz microfiber filters, Glass microfiber filters without binder, etc.
Thermo Fisher Scientific
The company offers a variety of self-manufactured and sourced products and services that are required in the laboratory, life science, and industrial customers. It focuses on key businesses like laboratory consumables, biopharma services, laboratory equipment, and research and safety market channel. It serves customers in the academic, pharmaceutical, government, biotechnology, and other research and industrial markets along with clinical laboratories. It not only provides scientific knowledge approach but also enables drug discovery, boosts manufacturing processes, and secures people and the environment with instruments, scientific equipment, services, and software solutions. To ensure the quality and safety of raw materials as well as the end products, its instruments has been designed in such a manner that it automatically monitors and controls online production.
Some key products: Nalgene glass prefilters, Nalgene filter membranes, and Nalgene rapid-flow sterile disposable filter units with PES membrane, etc.
Other prominent vendors in the market include Ahlstrom, Carolina Biological Supply, Cole-Parmer, Eaton, Eisco Labs, Hahnemühle, Microclar, Omicron Scientific, Pall Corporation, Qorpak, Scientific Equipment of Houston (SEH), SP Industries, Toyo Roshi Kaisha, and VWR.
A more detailed analysis is available in the Technavio report, ‘Global Laboratory Filtration Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
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