Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.19 Billion | USD 13.43 Billion | 11.3% | 2024 |
The global laboratory water purifier market size was worth around USD 4.19 Billion in 2024 and is predicted to grow to around USD 13.43 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 11.3% between 2025 and 2034. The report analyzes the global laboratory water purifier market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the laboratory water purifier industry.
Laboratory water purifiers are water purification devices produced specifically to be used in a laboratory or diagnostic setting. These devices act as the main source of access to clean or pure water for several laboratory experiments, case studies, research, and development. Water is a crucial reagent in any form of lab including clinical, biological, food & beverage, environmental, and all the other laboratory forms. The final result of any research or study depends on the purity level of the water or any other ingredients used. Hence it becomes imperative that laboratories have a constant supply of water that is free of contaminants and impurities to ensure that the results are not compromised. However, tap water generally consists of some form of impure content such as heavy metals, bacteria & microorganisms, chlorine, sediments & particles, and viruses to name a few. Laboratory water purification systems eliminate the presence of these contaminants and help maintain research integrity.
Rising pharmaceutical and biopharmaceutical research to drive market growth
The global laboratory water purifier market is projected to grow owing to the increasing rate of research in the pharmaceutical and biopharmaceutical sectors. Surging numbers of patients across the globe suffering from several mild to severe medical conditions and the growing need to ensure that every person has access to quality care are pushing drug and medical therapy developers to produce affordable and effective medicines. Research indicates that changing environmental conditions and rising pollution levels have resulted in an alarming increase in patients with life-threatening medical conditions including cancer, chronic obstructive pulmonary diseases, allergies, and infectious diseases that are air and waterborne.
In addition to this, several other conditions impact the quality of life and do not have any specific cure including diabetes, AIDS, Alzheimer's, and genetic disorders among many others. All of these factors have resulted in increased pressure on drug developers to develop novel medicines and therapies. Research laboratories are regarded as the main development center of pharma companies since these facilities are where the treatments are developed from scratch. All trials, studies, and final testing are conducted in research laboratories. For instance, in January 2023, Pfizer, a leading pharma company, announced that it was exploring more options to develop new drugs for cancer and certain diseases.
Increasing development of new-age water purifiers to deliver higher results
The global laboratory water purifier market growth is projected to be pushed further owing to the increasing launch of more advanced and intelligent laboratory water purifiers. In July 2021, Avidity Science announced the launch of a new range of laboratory water purification systems complementing its existing product portfolio. The i-Series is expected to meet the growing demand for types of laboratory water. The main differentiating factors for this series are the core functionality of the system revolving around integrity, intelligence, and information.
Lack of standardization to restrict market growth
The laboratory water purifier industry may witness growth limitations owing to the lack of standardization in the sector. Since different types of water purification processes are used depending on regional guidelines and other environmental factors, there are no standard policies that determine which process is more effective. In addition to this, the material used for the purification process also changes depending on the service and product provider. This leads to confusion for the market players and subsequent loss of revenue.
Stricter guidelines on the safety of food and beverages to create growth opportunities
In recent times, regional governments and international healthcare bodies have laid out several strict policies and implementation methods to ensure food and beverages (F&B) safety. Players operating in the F&B are subject to stringent guidelines ensuring that the product being sold does not contain harmful products that can lead to serious health concerns in the future. As per reports, Belgium officially recalled over 400 food products. 8 out of 10 products were recalled due to the risk of microbial or chemical contamination. The policies are ensuring that food manufacturers maintain safety measures throughout the research and production process leading to a higher demand for laboratory water purifiers. In April 2021, SGS, a global inspection, testing, and certification firm, launched the Advanced Centre of Testing (ACT) in Chennai, India. The facility is equipped to conduct non-targeted and targeted detection of several contaminants along with conducting procedures such as DNA-based molecular processes and digital sensory analysis.
High costs of initial investment and maintenance are primary challenges for the industry players
The laboratory water purifier industry growth trend could be subjected to certain growth challenges in the form of increasing costs of laboratory water purification system installation. The rising inflation rate and growing prices of raw materials impact the final cost of the device. In addition to this, lab water purifiers have to be maintained with zero room for negligence since if the device stops functioning, it can lead to severe resource, financial, and collateral damages.
The global laboratory water purifier market is segmented based on Type, Technology, Application, End-user, and region.
Based on Type, the global laboratory water purifier market is divided into Type I (Ultrapure), Type II (Pure), Type III (RO Water).
On the basis of Technology, the global laboratory water purifier market is bifurcated into Reverse Osmosis, Ion Exchange, UV, Ultrafiltration, Combination.
By Application, the global laboratory water purifier market is split into Clinical Laboratories, Research Laboratories, Pharmaceutical & Biotech Companies, Academic Institutes.
In terms of End-user, the global laboratory water purifier market is categorized into Hospitals, Diagnostic Labs, Research Centers, Universities.
Report Attributes | Report Details |
---|---|
Report Name | Laboratory Water Purifier Market |
Market Size in 2024 | USD 4.19 Billion |
Market Forecast in 2034 | USD 13.43 Billion |
Growth Rate | CAGR of 11.3% |
Number of Pages | 209 |
Key Companies Covered | GE Water & Process Technologies Inc., Tata Chemicals, Best Brita GmbH, and Aquasana. Other major players influencing the global market are Panasonic, HaloSource Inc., Amway Corporation, Water Technology Group, Eureka Forbes Limited, and Kent RO System Ltd, and others. |
Segments Covered | By Type, By Technology, By Application, By End-user, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific to witness the highest growth rate during the forecast period
The global laboratory water purifier market is expected to witness the highest growth in Asia-Pacific during the forecast period. The region is home to some of the largest producers of laboratory water purifier systems with extensive international and domestic demand. Additionally, the expanding application of lab water purification tools in the growing semiconductor industry has allowed Asia-Pacific to maintain its regional dominance. China and Taiwan are two of the largest players in the global semiconductor sector. Facilities manufacturing these devices are growing at a rapid rate since the demand and consumption rate from consumers is surging. India has announced more investments to develop its regional semiconductor sector. Furthermore, increasing research for novel drug development, especially the market for generic medicines is projected to push regional revenue to new heights. Growth in North America is projected to be a result of the crucial role played by US pharma companies in the global drug development market. Additionally, the expanding regional food industry will contribute significantly to North America’s growth.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the laboratory water purifier market on a global and regional basis.
The global laboratory water purifier market is dominated by players like:
The global laboratory water purifier market is segmented as follows;
By Type
By Technology
By Application
By End-user
FrequentlyAsked Questions
Laboratory water purifiers are water purification devices produced specifically to be used in a laboratory or diagnostic setting.
The global laboratory water purifier market is expected to grow due to growing demand for ultrapure water in pharmaceuticals, life sciences, and research labs, along with rising lab automation.
According to a study, the global laboratory water purifier market size was worth around USD 4.19 Billion in 2024 and is expected to reach USD 13.43 Billion by 2034.
The global laboratory water purifier market is expected to grow at a CAGR of 11.3% during the forecast period.
North America is expected to dominate the laboratory water purifier market over the forecast period.
Leading players in the global laboratory water purifier market include GE Water & Process Technologies Inc., Tata Chemicals, Best Brita GmbH, and Aquasana. Other major players influencing the global market are Panasonic, HaloSource Inc., Amway Corporation, Water Technology Group, Eureka Forbes Limited, and Kent RO System Ltd, among others.
The report explores crucial aspects of the laboratory water purifier market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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