Laboratory Water Purifier Market (Product, End-user, and Geography) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021

NEW YORK, June 23, 2022 / PRNewswire / – The Laboratory Water Purifier Market is segmented by geography (Europe, North AmericaAPAC, South America, MEA). 27% of the market’s growth will originate from Europe during the forecast period. UK and Germany are the key markets for laboratory water purifier market in Europe. Market growth in this region will be faster than the growth of the market in regions. The water purifier market growth in Europe over the forecast period. Moreover, the market value is set to grow by USD 8.81 trillionprogressing at a CAGR of 10.14% from 2020 to 2025, as per the latest report by Technavio.

Technavio has announced its latest market research report titled Laboratory Water Purifier Market by Product and Geography – Forecast and Analysis 2021-2025

Track Pricing, Supply, Demand, Trade, and Distribution Scenario along with Key Customers. View at Special Pricing

Laboratory Water Purifier Market 2021-2025: Vendor Analysis

The market analyzes competitive landscape and offers information on several market vendors, including:

  • Aqua Solutions Inc.

  • Biobase Biodusty (Shandong) Co. Ltd.

  • Bios

  • Danaher Corp.

  • Evoqua Water Technologies LLC

  • Merck KGaA

  • Sartorius AG

  • SUEZ SA

  • Thermo Fisher Scientific Inc.

  • VEOLIA ENVIRONNEMENT SA

The laboratory water purifier market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

For more vendor insights with latest product offerings & news. Download Sample Report

Laboratory Water Purifier Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.14%

Market growth 2021-2025

$ 8.81 tn

Market structure

Fragmented

YoY growth (%)

9.02

Regional analysis

Europe, North America, APAC, South America, MEA, Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 27%

Key consumer countries

US, UK, Germany, China, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aqua Solutions Inc., Biobase Biodusty (Shandong) Co. Ltd., Biosan, Danaher Corp., Evoqua Water Technologies LLC, Merck KGaA, Sartorius AG, SUEZ SA, Thermo Fisher Scientific Inc., and VEOLIA ENVIRONNEMENT SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization preview

If our report does not include the data that you are looking for, you can reach out to our analysts and get customized segments.

Laboratory Water Purifier Market 2021-2025: Implementation of Innovative Technologies and New Product Launches to Drive the Market Growth

With rapid advances in technology and new product launches, companies are upgrading their existing product portfolios to meet the increased demand for laboratory water purifiers. For instance, in February 2021Merck KGaA launched a new Milli-Q EQ 7000 Type I water purification system in Indiawhich produces consistent ultrapure-quality water that can easily be customized to experimental requirements. Additionally, Merck KGaA offers the Milli-Q IQ 7000 system, the seventh generation Milli-Q water purification system. This Milli-Q IQ 7000 system features a high-definition digital touchscreen for simple operation. This purification system is equipped with purification cartridges that are 33% smaller than its previous versions and a good quality water system with reduced energy consumption. Essentially, technological upgrades and new product launches have improved water purity and reduced manufacturing wastage, which drives the laboratory water purifier market growth.

Laboratory Water Purifier Market 2021-2025: Segmentation

The laboratory water purifier market share growth by the type 2 segment will be significant during the forecast period. The Type II water purifiers, leading to increased volume production and growth of the global laboratory water purifier market.

For more insights on the market share & contribution of various regions & segments with latest market drivers, trends, and challenges. Download Sample Report

Laboratory Water Purifier Market 2021-2025: Stringent Regulatory Procedures to Challenge the Market Growth

While vendors periodically introduce new water laboratory purifiers to the market, the commercialization of a new product involves a long, tedious, and costly process. This is mainly due to variations in global regulatory practices and policies, which are regularly updated. For example, the standards on water quality are determined by several organizations, including the International Organization for Standardization (ISO), the American Society for Testing and Materials (ASTM), and the Clinical and Laboratory Standards Institute (CLSI). The laws and regulations concerning multinational companies are a major challenge for multinational companies. Moreover, many developed countries such as the US, the UK, Germany, France, Japan, Singaporeand South Korea have enforced strict regulations concerning the approval and marketing of laboratory equipment. The global laboratory water purifier market growth.

Laboratory Water Purifier Market 2021-2025: Scope

Our market report covers the following areas:

Laboratory Water Purifier Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Water purifier market growth during the next five years

  • Estimation of the laboratory water purifier market size and its contribution to the parent market

  • Predictions of upcoming trends and changes in consumer behavior

  • The growth of the laboratory water purifier market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of laboratory water purifier market vendors

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End-user

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base comprises enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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SOURCE Technavio

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