NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The laboratory water purifier market size is estimated to increase by USD 2,372.56 million from 2022 to 2027, with a CAGR of 6.86%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report -Request a sample report
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.
Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
The laboratory water purifier market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -
Avidity Science LLC, Biobase Biodusty Shandong Co. Ltd., Danaher Corp., DuPont de Nemours Inc., Evoqua Water Technologies LLC, Heal Force Biomeditech Holdings Ltd., Labconco Corp., LOC Scientific Inc., Marlo Inc., Membrane Solutions LLC, MembraPure GmbH, Merck KGaA, Metrohm AG, ResinTech Inc., Samco Technologies Inc., Sartorius AG, Thermo Fisher Scientific Inc., Veer O Metals Pvt. Ltd., Veolia Environnement SA, and Yamato Scientific Co. Ltd.
Laboratory water purifier market - Segmentation Analysis
The market is segmented by Product (Type II, Type I, and Type III), Type (Point of use, Large central systems, and Clinical analyzers), and Geography (Europe, APAC, North America, South America, and Middle East and Africa)
- The Type II segment will be significant during the forecast period. Generally, water purifier type II is used for the feed of a Type I system or laboratory equipment, such as autoclaves, dishwashers, and water baths. They are more economical than Type I water purifiers and can be set up in any facility with ease. Since water is the most common liquid used, end-users just need to connect the system to tap water and use it. To cater to the growing need, leading market vendors are providing products with the relevant technologies to cater to the needs of end-users. Hence, such factors drive the type II segment of the laboratory water purifier market during the forecast period.
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Laboratory water purifier market - Market Dynamics
Key Driver
- Growing focus on food safety drives the laboratory water purifier market.
- To conduct quality checks on end-products in the food industry, manufacturers install ultrapure water purification systems.
- The Global Food Safety Partnership (GFSP), an initiative dedicated to supporting and promoting global cooperation for capacity building in food safety, will assess food safety systems and suggest system based Interventions.
- Hence, such factors are expected to drive the growth of the global laboratory water purifier market during the forecast period.
Significant Trend
- Growing applications of laboratory water purifiers is an emerging laboratory water purifier market trend.
- Laboratory water purifiers are used in analytical chemistry, clinical analysis, environmental testing, food and beverage analysis, and forensic analysis.
- But in gas chromatography-mass spectrometry (GC-MS), purified water is used to prepare blanks, standards, and samples pre-treatment. In this, all sample preconditioning shall have a type I water requirement in the case of Mass Spectrometry.
- Hence, such trends are expected to support the growth of the global laboratory water purifier market during the forecast period.
Major Challenges
- The stringent regulatory procedures challenge the laboratory water purifier market growth.
- Laboratory water purifiers must be in conformity with International and Regional Regulations before they are launched in the market.
- But Laws and regulations regarding the approval process for these devices vary across countries. This is a challenge faced by multinational companies and the launch of such products may be delayed by any changes to the regulatory policies during the product development period.
- Hence, such challenges impede the growth of the global laboratory water purifier market during the forecast period.
Laboratory water purifier market - Regional Analysis
The market is segmented by region Europe, North America, APAC, South America, and Middle East and Africa. An analysis of key leading countries has been included.
- APAC will contribute 28% to the growth of the global market during the forecast period. Another region that is offering significant growth opportunities to vendors in Europe. The high use of laboratory water purifiers in the numerous research institutions and pharmaceutical organizations present in the region drives the growth of the market in the region. Owing to factors such as a growing number of biological research activities in different sectors, as well as the presence of key players, the market in Europe is estimated to grow during the forecast period.
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What are the key data covered in this laboratory water purifier market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the laboratory water purifier market between 2023 and 2027
- Precise estimation of the size of the laboratory water purifier market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the laboratory water purifier market across Europe, North America, APAC, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of laboratory water purifier market vendors
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Laboratory water purifier market scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.86% |
Market growth 2023-2027 |
USD 2,372.56 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.66 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
APAC at 28% |
Key countries |
US, China, Japan, Germany, and Italy |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Avidity Science LLC, Biobase Biodusty Shandong Co. Ltd., Danaher Corp., DuPont de Nemours Inc., Evoqua Water Technologies LLC, Heal Force Biomeditech Holdings Ltd., Labconco Corp., LOC Scientific Inc., Marlo Inc., Membrane Solutions LLC, MembraPure GmbH, Merck KGaA, Metrohm AG, ResinTech Inc., Samco Technologies Inc., Sartorius AG, Thermo Fisher Scientific Inc., Veer O Metals Pvt. Ltd., Veolia Environnement SA, and Yamato Scientific Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global laboratory water purifier market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global laboratory water purifier market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Type II - Market size and forecast 2022-2027
- Exhibit 34: Chart on Type II - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Type II - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Type II - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Type II - Year-over-year growth 2022-2027 (%)
- 6.4 Type I - Market size and forecast 2022-2027
- Exhibit 38: Chart on Type I - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Type I - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Type I - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Type I - Year-over-year growth 2022-2027 (%)
- 6.5 Type III - Market size and forecast 2022-2027
- Exhibit 42: Chart on Type III - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Type III - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Type III - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Type III - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)
- Exhibit 47: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 48: Chart on Type - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 50: Chart on Comparison by Type
- Exhibit 51: Data Table on Comparison by Type
- 7.3 Point of use - Market size and forecast 2022-2027
- Exhibit 52: Chart on Point of use - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Point of use - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Point of use - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Point of use - Year-over-year growth 2022-2027 (%)
- 7.4 Large central systems - Market size and forecast 2022-2027
- Exhibit 56: Chart on Large central systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Large central systems - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Large central systems - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Large central systems - Year-over-year growth 2022-2027 (%)
- 7.5 Clinical analyzers - Market size and forecast 2022-2027
- Exhibit 60: Chart on Clinical analyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Clinical analyzers - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Clinical analyzers - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Clinical analyzers - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Type
- Exhibit 64: Market opportunity by Type ($ million)
- Exhibit 65: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Italy - Market size and forecast 2022-2027
- Exhibit 103: Chart on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Italy - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 Avidity Science LLC
- Exhibit 119: Avidity Science LLC - Overview
- Exhibit 120: Avidity Science LLC - Product / Service
- Exhibit 121: Avidity Science LLC - Key offerings
- 12.4 Biobase Biodusty Shandong Co. Ltd.
- Exhibit 122: Biobase Biodusty Shandong Co. Ltd. - Overview
- Exhibit 123: Biobase Biodusty Shandong Co. Ltd. - Product / Service
- Exhibit 124: Biobase Biodusty Shandong Co. Ltd. - Key offerings
- 12.5 Danaher Corp.
- Exhibit 125: Danaher Corp. - Overview
- Exhibit 126: Danaher Corp. - Business segments
- Exhibit 127: Danaher Corp. - Key news
- Exhibit 128: Danaher Corp. - Key offerings
- Exhibit 129: Danaher Corp. - Segment focus
- 12.6 DuPont de Nemours Inc.
- Exhibit 130: DuPont de Nemours Inc. - Overview
- Exhibit 131: DuPont de Nemours Inc. - Business segments
- Exhibit 132: DuPont de Nemours Inc. - Key news
- Exhibit 133: DuPont de Nemours Inc. - Key offerings
- Exhibit 134: DuPont de Nemours Inc. - Segment focus
- 12.7 Evoqua Water Technologies LLC
- Exhibit 135: Evoqua Water Technologies LLC - Overview
- Exhibit 136: Evoqua Water Technologies LLC - Business segments
- Exhibit 137: Evoqua Water Technologies LLC - Key news
- Exhibit 138: Evoqua Water Technologies LLC - Key offerings
- Exhibit 139: Evoqua Water Technologies LLC - Segment focus
- 12.8 Heal Force Biomeditech Holdings Ltd.
- Exhibit 140: Heal Force Biomeditech Holdings Ltd. - Overview
- Exhibit 141: Heal Force Biomeditech Holdings Ltd. - Product / Service
- Exhibit 142: Heal Force Biomeditech Holdings Ltd. - Key offerings
- 12.9 Labconco Corp.
- Exhibit 143: Labconco Corp. - Overview
- Exhibit 144: Labconco Corp. - Product / Service
- Exhibit 145: Labconco Corp. - Key offerings
- 12.10 Merck KGaA
- Exhibit 146: Merck KGaA - Overview
- Exhibit 147: Merck KGaA - Business segments
- Exhibit 148: Merck KGaA - Key news
- Exhibit 149: Merck KGaA - Key offerings
- Exhibit 150: Merck KGaA - Segment focus
- 12.11 Metrohm AG
- Exhibit 151: Metrohm AG - Overview
- Exhibit 152: Metrohm AG - Product / Service
- Exhibit 153: Metrohm AG - Key offerings
- 12.12 Sartorius AG
- Exhibit 154: Sartorius AG - Overview
- Exhibit 155: Sartorius AG - Business segments
- Exhibit 156: Sartorius AG - Key news
- Exhibit 157: Sartorius AG - Key offerings
- Exhibit 158: Sartorius AG - Segment focus
- 12.13 Thermo Fisher Scientific Inc.
- Exhibit 159: Thermo Fisher Scientific Inc. - Overview
- Exhibit 160: Thermo Fisher Scientific Inc. - Business segments
- Exhibit 161: Thermo Fisher Scientific Inc. - Key news
- Exhibit 162: Thermo Fisher Scientific Inc. - Key offerings
- Exhibit 163: Thermo Fisher Scientific Inc. - Segment focus
- 12.14 Veolia Environnement SA
- Exhibit 164: Veolia Environnement SA - Overview
- Exhibit 165: Veolia Environnement SA - Business segments
- Exhibit 166: Veolia Environnement SA - Key news
- Exhibit 167: Veolia Environnement SA - Key offerings
- Exhibit 168: Veolia Environnement SA - Segment focus
- 12.15 Yamato Scientific Co. Ltd.
- Exhibit 169: Yamato Scientific Co. Ltd. - Overview
- Exhibit 170: Yamato Scientific Co. Ltd. - Product / Service
- Exhibit 171: Yamato Scientific Co. Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 172: Inclusions checklist
- Exhibit 173: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 174: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 175: Research methodology
- Exhibit 176: Validation techniques employed for market sizing
- Exhibit 177: Information sources
- 13.5 List of abbreviations
- Exhibit 178: List of abbreviations
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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 consists of 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 to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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