Filters and Particle
Monitoring Market - Scenario
The filters and particle monitoring market is expected to
show sturdy growth rate during the forecast period. Filters and particle
monitoring has a lot of importance in the healthcare industry as it helps to
ensure sterility and safety of equipment as contamination issues can pose a
serious problem in this industry. Factors owing to the sturdy growth rate of
this market are initiatives taken by the government and private healthcare
institutions to ensure sterilized environment, drug safety, and prevent
hospital-acquired infections.
Moreover, rising number of hospitals, increase demand for
surgery based treatments, increasing number of research and development work in
clinical research, drug quality testing, rising pollution, and incidence of
allergens associated diseases spurs the growth of filters and particle
monitoring market. However, the high cost of equipment and lack of knowledge
about filter technology in middle-income countries, stringent government
regulations restrict the market growth.
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Market Key Players
Sartorius Group
Merck Millipore
Macherey–Nagel Gmhb & Co. Kg
Cantel Medical Corporation.
Agilent Technologies, Inc.
Danaher Corporation
Siemens AG
Others
Filters and Particle
Monitoring Market - Segmentation
The global filters and particle monitoring market is
segmented on the basis of product for filter, technology for filter, a product
for particle monitoring, and end-users. Considering the products for filter,
the market is segmented into filtration accessories, filtration assemblies, and
others.
By technology for filter, the market is segmented into
ultra-filtration, vacuum filtration, microfiltration, Nano-filtration, and
others.
With reference to product for particle monitoring, the
market is segmented into monitors, sensors, and others. The monitors segment is
further segment into air-control monitors, water control monitors and others.
Sensors are further segmented into analog (Chemical testing, Moisture control) and
Digital (Temperature, Noise).
On account of end-users, the market is segmented hospitals
and diagnostic centers, pharmaceutical companies, and research institutes.
Based on region the market is segmented into Americas,
Europe, Asia Pacific, and the Middle East and Africa. The American region is
segmented into North America and South America. Similarly, Europe is segmented
into Western Europe and Eastern Europe.
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Filters and Particle
Monitoring Market - Regional Analysis
Americas will account the largest share for filters and
particle monitoring market owing to accessibility to advanced surgeries,
increasing number of research laboratories, rising number of automobiles,
health issues due to pollutant allergens and increasing awareness for good
health. Rising number of clinical research labs required high-end filtration as
well particle monitoring techniques to ensure the efficacy in research. For
instance, according to Center for Diseases Control and Prevention,
approximately 46.5 million surgical procedures are performed every year in the
U.S. Furthermore, rising geriatric population can lead to the increasing demand
for the use of ICU units, thus leading to increase in the patient pool which
will fuel up the market growth during the forecast period. However, stringent
U.S. FDA rules and regulations can hamper market growth.
Europe is the second market leader and holds a healthy share
in the global filters & particle monitoring market. The European market is
expected to exhibit a sturdy growth rate during the forecast period owing to
the flourishing medical device market, rising number of clinical, research
labs, good healthcare infrastructure, and favorable reimbursement policies. For
instance, NHS estimated that there were around 4.7 million surgical admissions
in England, out of which 1.3 million procedures were for general surgery and
around 1.2 million procedures were for trauma and orthopedics. These high
surgical procedure numbers lead to rising need for intensive care units(ICU)
which eventually drives the growth of particle monitoring technology to provide
aseptic conditions boost up the market growth of Filters & particle
Monitoring in Europe.
Asia Pacific is expected to show promising growth and be the
fastest emerging market. The automobile market has experienced huge growth in
countries such as China, India, and Brazil, owing to which these regions are
lucrative markets for companies producing fuel and oil filters. This factor can
give an up thrust to the overall filter market growth during the forecast
period owing to increasing awareness regarding clean emission and favorable
government regulations regarding it. Furthermore, rising need for advanced
surgeries, growing healthcare industry, and increasing clinical research are
the significant factors that are aiding the global filters market demand.
The Middle East and Africa is expected to show the least
growth in the market due to some major factors such as lack of awareness,
limited access and availability of treatment facilities. In the Middle East,
the United Arab Emirates and Saudi Arabia is the largest market share owing to
the development of the healthcare industry and rising availability of specialty
care centers.
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