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Oct 6, 2020 12:50 PM ET

Global Osmometers Market Set for Rapid Growth, to reach Value around USD 80.0 Million by 2025

iCrowd Newswire - Oct 6, 2020

Zion Market Research has published a new report titled “Osmometers Market by Product (Freezing Point Osmometers, Vapor Pressure Osmometers, Membrane Osmometers, and Others), by Sample (Single Sample, and Multiple Sample), by Application (Clinical, Dairy Analysis, Pharmaceuticals and Biotech, and Others), and by End User (Hospitals, Laboratory and Diagnostic Centers, Healthcare Companies, Contract Research Organizations, Contract Manufacturing Organizations, Food and Feed Industries, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”. According to the report, global demand for osmometers market was valued at approximately USD 64.2 million in 2018, and is expected to generate revenue of around USD 80.0 million by end of 2025, growing at a CAGR of around 3.2% between 2019 and 2025.

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A gadget which is used to evaluate the osmotic strength of a solution, or compound is known as osmometer. Various techniques are used in osmometry like vapor pressure osmometer which helps in deciding the group of osmotically vigorous particles that lessens the vapor pressure of a solution. These gadgets are used to decide grouping of salts which are dissolved and also sugar in the samples of blood and urine. Osmometers are also valuable in deciding the atomic weight of polymers and obscure compounds as well.

Rising demand for osmometers in research and clinical labs, bio-pharmaceutical labs, is favoring the growth of osmometers in the market. These devices have gained momentum in the market as they help to indicate the concentration of dissolved solids in plasma and different fluids. Many clinical labs in order to align the ongoing trend of ‘patient-centric’ in the healthcare industry, are taking efforts to report accurate patient results, and on the other hand bio-pharmaceutical laboratories are concentrating on developing quality therapeutics further raising demand for osmometers market globally.

The market for osmometers is segmented based on sample, product, end user, application, and regions. Based on product the market is segmented into membrane osmometers, vapor pressure osmometers, freezing point osmometers, and others. The segment for freezing point osmometers held major share if the market in 2018 as these type of osmometers have user-friendly operational modes and is a gold standard in pharmaceutical research, clinical chemistry labs, and quality control labs, globally. Based on sample type the market is segmented into single sample, and multiple samples. The segment for single sample segment held major share of the market in 2018 but manufacturers are focusing to increase the production of multiple-sample osmometers to add technological benefits when compared to single sample variants.

Based on application the market is segmented into dairy analysis, clinical, pharmaceuticals and biotech, and others. The segment for clinical labs held major share of the market in 2018 owing to rapid innovations and the launch of new products that have been taking osmometry to next level offering improved analytical performance and perfect balance of ease-of-use. Based on end user the market is bifurcated into contract research organizations, hospitals, laboratory and diagnostic centers, healthcare companies, food and feed industries, contract manufacturing organizations, and others. The laboratory and diagnostic centers held major share of the market in 2018 owing to its high end usage in laboratories and diagnostic centers.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market in 2018 owing to rising healthcare infrastructure. Besides, rising demand for laboratory automation, high health care expenditure per capita in developed economies is boosting the growth of market in this region.

Some of the players in the market for osmometers include Labtek Services Ltd., Precision Systems, Inc., KNAUER Wissenschaftliche Gerate GmbH, ARKRAY, Inc., Advanced Instruments, ELITechGroup, ratiolab, Loser Messtechnik, Gonotec GmbH, and Nova Biomedical.

This report segments the global osmometers market as follows:

Global Osmometers Market: Product Segment Analysis

Global Osmometers Market: Sample Segment Analysis

Global Osmometers Market: Application Segment Analysis

Global Osmometers Market: End User Segment Analysis

Global Osmometers Market: Regional Segment Analysis

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Keywords:    Osmometers Market

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