The laboratory filtration market has been estimated to grow at a significant speed during the forecast period. This market growth has been on the back of increased spending on R & D activities in the pharmaceutical and biopharmaceutical industry. In addition to this, rising concentration to develop large-molecule biopharmaceuticals, growing purity requirements in the end-user segments, and increasing demand for the membrane filtration technology is also contributing to the expansion avenues in the market in the years to come.
The pharmaceutical and biotechnology organizations use laboratory filtration products to make novel drugs. There has been a significant increase in the importance of drugs that are based on biotechnology. These biotechnology products are estimated to account for a significant share of the market portion in the forthcoming years.
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Pharmaceutical companies are investing a handsome amount in R & D activities in order to deliver innovative and high-quality products in the global market. The manufacturers in the market are increasing research activities in order to get a heavy return on their investments in the longer run. The collaborative efforts for R & D activities have also been initiated by these market players.
Laboratory Filtration Market: Key Trends
The nanofiber coating technology has been developed newly in pharmaceutical filtration that provides greater durability, control, and flexibility compared to the conventional electrospinning process. These novel innovations have been made of fibers. The layer thickness and fiber diameter distribution can be changed easily according to the requirements of the application. The NANOWEB, an advanced nanofiber technology provides benefits in liquid and air filtration. It can be designed specifically in order to match the stringent requirements for filtration in different liquid applications. Further, it addresses the increasing requirement for advanced microfiltration and reverses ultrafiltration and osmosis in various liquid service applications such as process liquid filtration, food & beverage, and life sciences.
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