Global Osmometers Market Size study & Forecast, by Type (Freezing Point Osmometers, Vapour Pressure Osmometers, Membrane Osmometers), by Sampling Capacity (Single-Sample, Multi-Sample Osmometers), by End-Use (Hospitals, Laboratory & Diagnostics Centers, Healthcare Companies, Food and Feed Industries, Others) and Regional Analysis, 2022-2029
Global Osmometers Market is valued at approximately USD 88.70 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.03% over the forecast period 2022-2029. An osmometer is a device for measuring the osmotic pressure of a solution, colloid, or compound. This device is also gaining traction in measuring salts or sugars in urine solutions. Factors such as the growing adoption of osmometers in clinical, and biopharmaceutical labs, coupled with the rising incidences of chronic diseases and electrolyte disorders are driving the global market growth.
According to the National Library of Medicine (NLM), hyponatremia is considered the major prevalent electrolyte disorder in January 2022, which accounted for 20.0% to 35.0% among hospitalized patients. Thereby, the rising cases of hyponatremia among population are propelling the demand for osmometers, which is impelling the market growth around the world. Moreover, rising introduction to technologically advanced products, as well as increasing adoption of automation in clinical laboratory settings are creating lucrative opportunities the market growth over the forecasting years. However, complications associated with various techniques of osmometry and dearth of skilled professionals stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Osmometers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the favorable reimbursement environment and growing presence of well-established market players. Whereas, the Asia Pacific is expected to grow with the highest growth rate during the forecast period. Factors such as rising availability of skilled workers, high levels of disposable income, as well as growing incidences of chronic disease are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Advanced Instruments
ELITechGroup Inc.
Precision Systems Inc.
ARKRAY Inc.
Nova Biomedical
Astori Tecnica
KNAUER Wissenschaftliche Gerete GmbH
ratiolab
Labtek Services Ltd.
Löser Messtechnik
Recent Developments in the Market:
In July 2021, ELITechGroup declared that the company acquired GONOTEC, which aims to cater to demand in the freezing point osmometer technology sector.
In September 2020, a novel instrument was introduced in Advanced Instruments' portfolio of biotech tools the Osmo TECH XT single-sample micro-osmometer.
Global Osmometers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Sampling Capacity, End-Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Freezing Point Osmometers
Vapour Pressure Osmometers
Membrane Osmometers
By Sampling Capacity:
Single-Sample
Multi-Sample Osmometers
By End-Use:
Hospitals
Laboratory & Diagnostics Centers
Healthcare Companies
Food and Feed Industries
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
Advanced Instruments
ELITechGroup Inc.
Precision Systems Inc.
ARKRAY Inc.
Nova Biomedical
Astori Tecnica
KNAUER Wissenschaftliche Gerete GmbH
ratiolab
Labtek Services Ltd.
Löser Messtechnik
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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