Laboratory Water Testing Market Report
Impact of COVID-19 on Laboratory Water Testing Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
This report, from Stratview Research, studies the laboratory water testing market over the trend period of 2014 to 2017 and forecast period of 2018 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Burning Questions This Report Will Answer:
In third world countries, frequently, the water for most laboratory and clinical applications is purified from tap water. The impurities are removed, and additional contamination is managed effectively and used for clinical testing. This is a high-risk process and can alter the results of a test, leading to life threatening situation for a patient. For a laboratory in-charge, it is utmost important the laboratory receives an efficient, economical and reliable supply of purified water. Most of the internationally accredited laboratories use the standard, BS EN ISO 3696:1995 i.e. standards for Water for analytical laboratory use. Grade 1 represents the highest level of purity, 0.01mS/m (0.1µs/cm), with Grade 2 being 0.1mS/cm (1µs/cm) and Grade 3 at a level of 0.5mS/m (5µs/cm).
This study deep dives into the decision-making behaviour of the end user and helps you understand the voice of customer, at the same time also helps you segregate your buyer’s pool based on preferences i.e. prefer standard contracts or require customization. Depending on the preference of the customer, the engagement model such as standard contract, customization or extended credit period can decide a purchase in a market. The segmentation of end user’s laboratory i.e. hospitals, clinical laboratory, CROs, Pharmaceutical Laboratory, will give insights on focussed sales approach by any manufacturer.
The report also gives insight on the preferences and demands in the Asia Pacific market versus Western Europe versus North America versus the nascent and growing economies such as the Middle East, Africa, East Europe and Latin America.
Companies such as General Electric Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Tintometer Gmbh, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., Horiba, Ltd., Honeywell International Inc., Mettler-Toledo International Inc. are present globally. However, the competition was quite different at the regional and country level, where the focus was domestic producers versus multi-nationals.
Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The global laboratory water testing market is segmented into the following categories:
By After Sales Services
By Product Type
By Type of Application
By End User
With this detailed report, Stratview Research offers one of the following free customization options to our first-time clients:
Custom Research: Stratview research offers custom research services across sectors. In the case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at firstname.lastname@example.org.