Laboratory Water Purification Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the laboratory water purification market was USD 19.1 billion in 2022, and a CAGR of 10.9% is expected during the forecast period. The increasing demand for purified water for drug formulation is driving the growth of the laboratory water purification market. Clinical laboratories like hospitals and diagnostic centers are using this water for various tests and the diagnosis of diseases. Increasing demand for pure water as an essential reagent in laboratories is driving the growth of this market.

The increasing demand for pure water is in research and clinical labs. Advancements in purification and stringent regulations ensuring water quality in various industries like pharmaceuticals and biotechnology. A rise in research and development activities and the expansion of healthcare and life sciences are contributing to market growth.

Impact of Covid-19

The COVID-19 pandemic has impacted the laboratory water purification market by causing disruption in the global supply chain, leading to delays in manufacturing and distribution. The heightened awareness of hygiene and the importance of reliable water resources in research and diagnostics during the pandemic have also increased the demand for laboratory water purification systems, particularly in healthcare and life sciences. Increasing awareness among people about pure water resources is driving the growth of the laboratory water purification market significantly. Increasing demand for it due to the increasing number of chronic disease patients worldwide is driving the growth of the market.

Growth Drivers

Increasing emphasis on research and development activities in the pharmaceutical and biotechnology sectors, stringent quality standards for laboratory water, rising awareness of the importance of using pure water in experiments, technological advancements in water purification systems, and the expanding healthcare and life sciences industries globally are driving the growth of the market.

The growing demand for reliable and high-quality water in various laboratories further propels the demand for pure water in the medical field. The rise in research and development activities is driving growth in the market significantly. Increasing demand for pure water in various diagnostic tests in laboratories is driving growth in the market.

Segmentation

Type

·         Type 1

·         Type 2

·         Type 3

·         Others

Mode of Use

·         Point of Use

·         Large Central Systems

·         Clinical Analyzers

Product Type

·         Bench Top

·         Central

·         Portable

Technology

·         Filtration

·         Reverse Osmosis

·         Ion Exchange

·         Others

Application

·         Chromatography

·         Spectrometry

·         Biochemistry

·         Others

End-User

·         Food

·         Pharmaceuticals

·         Hospitals

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Laboratory Water Purification Market Technology Segmentation

On the basis of technology, the laboratory water purification market is segmented into reverse osmosis, filtration, ion exchange, and others. Reverse osmosis involves passing the water through a semi-permeable membrane to remove impurities. Filtration involves the passage of water through a porous medium, such as membranes or other materials, to separate particles and impurities.

This process effectively removes contaminants, ensuring the production of clean and pure water suitable for various laboratory applications. The ion exchange process is another process in which undesired ions in water are replaced with ions of the same charge from an exchange resin. This helps in removing impurities, such as minerals and salts, ensuring the production of high-quality, deionized water for sensitive laboratory applications.

Laboratory Water Purification Market End-User Segmentation

On the basis of end-user, the laboratory water purification market is segmented into food, pharmaceuticals, hospitals, and others. The pharmaceutical industry is the leading segment, and hospitals are expected to lead during the forecast period. The increasing demand for pure water in various research and development activities going on in big medical centers is driving the growth of the market. The increasing number of patients worldwide and the increasing demand for their efficient and best treatment in hospitals are driving the growth of the market significantly. The food industry is also witnessing moderate growth in the laboratory water purification market.

Laboratory Water Purification Application Segmentation

On the basis of the application, the laboratory water purification market is segmented into chromatography, spectrometry, biochemistry, and others. These are key areas where purified water is crucial. These techniques often require high-quality water to ensure accurate and reliable results. Purified water is utilized in sample preparation, mobile phase preparation for chromatography, and in various analytical processes within the field of chromatography, spectrometry, and biochemistry.

Increasing demand for purified water in pharmaceutical and biotechnology research and stringent regulatory requirements for water quality in laboratories. Advancement in water purification technologies and rising awareness about reliable water resources in scientific research are driving the growth of the market. The growing demand for the use of pure water due to technological advancements is driving growth in the market.

Regional Outlook

On the basis of the regions, the laboratory water purification market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. The Asia-Pacific region is the leading region and is expected to dominate during the forecast period due to the region’s large producers of water purifier systems as well as increased investment in pharmaceuticals and healthcare systems.

There is an increasing demand for pure water in laboratories and diagnostic centers. The increasing demand for essential reagents in laboratories for performing experiments is driving growth in the region. The increasing population in the region is rapidly increasing the number of patients suffering from chronic disease. The increasing prevalence of chronic disease patients in the region is driving growth in the market. The growing demand for the use of pure water due to technological advancements, research activities, and healthcare infrastructure is driving growth in the market.

The laboratory water purification market in North America and Europe is characterized by robust demand due to stringent quality standards in research and healthcare. Increasing investment in life sciences, expanding research activities, and rising awareness about water quality are surging the demand for advanced purification systems as laboratories in the region strive for higher standards in experimentation and analysis. Growing awareness about the reliable water resources for performing activities and experiments in laboratories is driving significant growth in the market.

Key Players

·         Merck KGaA

·         Lobconco Corporation

·         Evoqua water technologies

·         Veolia water solutions and technologies

·         Danaher Corporation

·         Yomato Scientific Company Limited

·         Sartorius AG

·         Biolab Scientific Ltd.

·         Pall Corporation

·         Millipore Sigma

·         Other Players