Liquid Particle Counter Market is anticipated to expand at a CAGR of 9.2% through 2032 | insightSLICE
The estimated market value for the global Liquid Particle Counter was 365 million US dollars in 2021, and the CAGR forecast is 9.2% through 2032.
The pharmaceutical, chemical, oil & gas, energy & utility, and manufacturing industries all employ liquid particle counters to find or quantify the presence of contaminants in the process fluids.
The pharmaceutical business uses liquid particle counters frequently to increase the manufacturing of pharmaceutical formulations, find contaminants in samples, and for other purposes.
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The key players of the Global Liquid Particle Counter Market are:
Major players prevalent in the global liquid particle counter market include Climet Instruments Company, GLI International, Inc., Beckman Coulter, Inc., Biotest Diagnostics Corp, Brookhaven Instruments Corp, Chemtrac Systems, Inc., Lighthouse Worldwide Solutions, Inc., Particle Measuring Systems, Inc., and Horiba Instruments, Inc.,
Driving factors for the growth of Global Liquid Particle Counter Market
The creation of cutting-edge pharmaceuticals in large quantities, an increase in clinical trials, and concentrated research & development activities in the manufacturing of analytical equipment are predicted to fuel the expansion of the liquid particle counter market in the years to come.
The global liquid particle counter market is anticipated to increase throughout the forecast period due to increasing demand for particulate measurement in high-speed and high-pressure industries such as turbine fluids, gearbox fluids, and power plants.
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Global Liquid Particle Counter Market Key Segments:
By Liquid Type
- Water & aqueous fluids
- Oil & hydraulic fluids
- Light obscuration
- Light scattering
- Table top devices
- Portable devices
By End Use
- Clinical laboratories
- Pharmaceutical companies
- Clinical research organization
- Academic research institutes
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
Advanced particle counters with greater efficiency will be in higher demand, propelling the expansion of the services category:
The global liquid particle counter market is divided into solutions and services based on components. The solution segment led the worldwide liquid particle counter market in terms of contribution in 2019 and is predicted to continue to lead during the forecast period.
The answer is a set of hardware, apparatus, and factory-installed software created in accordance with user requirements. During the projection period, the services segment is expected to develop at a high rate.
Liquid particle counters in pharmaceutical businesses are expected to grow as a result of increased expenditure in novel drug discovery and rising demand for in-house testing and monitoring.
Main user segments:
Clinical laboratories, pharmaceutical companies, clinical research organizations, academic research institutes, and others are the major end-user segments of the worldwide liquid particle counter market.
Due to the increased need for clinical testing of pharmaceuticals, drinks, and other products, the clinical laboratories segment, which accounted for the biggest share of the worldwide liquid particle counter market in 2019, is predicted to expand at a steady rate throughout the forecast period.
Due to the rising demand for internal fluid testing and monitoring, the pharmaceutical firm segment is predicted to see the quickest growth throughout the projection period. Therefore, increased investment in new drug discovery is anticipated to contribute to the growth of liquid particle counters across pharmaceutical companies.
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Regional market forecast for the Global Liquid Particle Counter Market:
The existence of top pharmaceutical manufacturers in the United States and Canada, North America contributed the greater share of the worldwide liquid particle counter market and is predicted to continue doing so throughout the projection period.
During the projected period, it is anticipated that increased investments in novel medication research and the creation of cutting-edge analytical equipment will boost the North American liquid particle counter market.
Because of increased investment in the growth of the pharmaceutical, food, beverage, and oil and gas industries in several of the major Asian nations, Asia Pacific is predicted to have the quickest rate of growth during the projected period.
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