Laboratory water purifier market to grow by USD 2,372.56 million from 2022 to 2027: Growing focus on food safety drives growth

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09 Aug, 2023, 19:00 ET

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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

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.

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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)

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Laboratory water purifier market - Market Dynamics

Key Driver

Significant Trend

Major Challenges

Laboratory water purifier market - Regional AnalysisThe 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.

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The portable water purifier market size is expected to increase by USD 149.39 million from 2021 to 2026, at a CAGR of 10.1%. Furthermore, this report extensively covers portable water purifier market segmentation by distribution channel (offline and online), application (outdoor adventure, tourism and leisure, military, emergency rescue, and others), product (extrusion water purifier, pump water purifier, suction water purifier, and UV pen purifier), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The deteriorating quality of water resources leading to water-related diseases is notably driving the portable water purifier market growth.

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

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

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio 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.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

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Laboratory water purifier market to grow by USD 2,372.56 million from 2022 to 2027: Growing focus on food safety drives growth