Global Laboratory Water Purifier Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Laboratory Water Purifier Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Laboratories use large volumes of water to fuel the vast majority of daily research, analysis, and processing applications. Laboratory water purifier uses technologies such as reverse osmosis and ion exchange to produce pure and ultrapure water that meets experimental requirements under the combined action of cartridges, control elements, booster pumps, UV lamps, etc. at all levels.

Market Overview:

The latest research study on the global Laboratory Water Purifier market finds that the global Laboratory Water Purifier market reached a value of USD 723.43 million in 2022. It’s expected that the market will achieve USD 974.47 million by 2028, exhibiting a CAGR of 5.09% during the forecast period.

Influence of COVID-19 Outbreak on Laboratory Water Purifier Industry Development

The raging COVID-19 plunged the global economic environment into depression. The impact of COVID-19 on the laboratory water purifier industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.

In the short term, from the supply side, the company's operating pressure will increase due to postponement of workers' arrival and logistics and transportation issues. In the long run, as the epidemic gradually improves or ends, the impact on the laboratory water purifier industry will gradually weaken. Production and sales will return to the original level and gradually increase.

Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.

Strength

The need for laboratory water purifier

Water is the most commonly used reagent in the laboratory, and although water quality is often overlooked, the quality of water used in an application is critical. Trace amounts of salt or biological contaminants can lead to unfortunate consequences when culturing cells or performing analytical measurements of biological macromolecules. Because of the sensitive nature of laboratory work and the need to control as many factors as possible in order to perform tests and studies efficiently and accurately, laboratory water must be pure and have a defined level of acceptable impurities.

Demand for saving water

There are many factors driving the demand for greater water conservation. As demand for water increases, supplies decrease, and supporting infrastructure issues continue, water rates will continue to increase for the foreseeable future. As water supply stress affects more municipalities, lawmakers may pass more regulations requiring public and private entities to reduce water use. In addition to regulatory motivations, building owners or sustainability groups may also place restrictions on water use. For these reasons, it is important for everyone involved with laboratory buildings and laboratory equipment to stay educated about water conservation programs and strategies. Laboratory water purifier suppliers are being proactive in providing equipment that helps reduce the laboratory water footprint. Regardless of the potential cost, the need for water conservation may be a permanent requirement that every manufacturer, lab planner, building owner, etc. will have to adapt to.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Thermo Fisher Scientific is one of the major players operating in the Laboratory Water Purifier market, holding a share of 17.60% in 2020.

Thermo Fisher Scientific Inc. develops, manufactures and sells a range of products. The Company operates through four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. It offers its products and services through various brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services. Life Sciences Solutions segment provides a portfolio of reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines. Analytical Instruments segment provides a broad offering of instruments, consumables, software and services that are used for a range of applications in the laboratory. Specialty Diagnostics segment offers a wide range of diagnostic test kits, reagents, culture media, instruments and associated products. Its Laboratory Products and Services segment offers products and solutions needed for the laboratory.

Sartorius AG manufactures and markets precision electronic equipment and components. The Company produces precision scales for laboratory and industrial uses and electrochemistry. Sartorius manufactures equipment for biomolecular and microbial separations, cell culture, concentration, fermentation, and purification.

Segmentation Overview:

Among different product types, Reverse Osmosis (RO) segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Industry Lab segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Laboratory Water Purifier market covered in Chapter 3:

Heal Force
Sartorius AG
Yamato Scientific
ELGA LabWater
Chengdu Ultrapure Technology
AQUA SOLUTIONS
Evoqua Water Technologies
Wilhelm Werner GmbH
Biobase
Merck Millipore
Avidity Science
Aurora Biomed
Thermo Fisher Scientific
MRC ltd.
SUEZ Water Purification Systems

In Chapter 4 and Chapter 14.2, on the basis of types, the Laboratory Water Purifier market from 2018 to 2029 is primarily split into:

Ultrafiltration (UF)
Reverse Osmosis (RO)
Softeners
Electrodeionization (EDI)
Ultraviolet (UV) Light
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Laboratory Water Purifier market from 2018 to 2029 covers:

Industry Lab
Research Lab
Hospital Lab

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)