Industryno105 Dec, 2021Business
The global laboratory filtration market is significantly growing at 7.7% CAGR owing to the increased expenditure on research and development activities in the pharmaceutical and biotech industry, rising demand for membrane filtration technology, mounting purity requirements in industry verticals, and rising emphasis on developing large-molecule biopharmaceuticals. In addition, the formation of favorable government regulations and digitalization will propel the growth of the market. Nevertheless, the rising opportunities in emerging economies and development in nanofiber technology are promising opportunities for industry players in the global laboratory filtration market.
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