Global Benchtop Laboratory Water Purifier Market Size To
From GlobeNewswire: 2024-06-14 15:00:00
The Global Benchtop Laboratory Water Purifier Market is set to grow from USD 13.9 billion in 2023 to USD 32.4 billion by 2033, with a projected CAGR of 8.83%. Benchtop water purifiers provide high-purity water for laboratory applications, meeting international standards. Advancements in water purifying technology are driving market demand for benchtop water purifiers to fulfill modern lab quality standards.
The reverse osmosis (RO) systems segment leads the market in revenue share in 2023, providing ultra-pure water by removing impurities. The above 200 L/h segment is expected to grow rapidly, meeting the demand for high-capacity solutions. Multi-stage purification is popular for its continuous and reliable water supply, driving market growth.
North America dominates the market due to its advanced research infrastructure and regulatory framework. Major players include ThermoFisher Scientific Inc., Merck KGaA, and Sartorius AG. Asia-Pacific is expected to grow fastest, driven by investments in pharmaceutical and healthcare sectors in China, Japan, and India.
Recent developments include Evoqua Water Technologies acquiring an industrial water treatment service business in Texas. Market segmentation includes technology, water production, operations, and regional analysis. The report provides insights on key players, news, and developments in the market.
Read more at GlobeNewswire: Global Benchtop Laboratory Water Purifier Market Size To