Laboratory Water Testing Market | Forecasts up to 2025

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:

1. Why Laboratory Water (purity) is so important in the testing process?
2. How many times have you faced alterations of results due to water?
   Do you use molecular grade water for your PCR and DNA testing?
3. Who is the most important person or key person in the laboratories who decides when to purchase and what to purchase?
4. What role does feedback about a company’s product or service play in the laboratory equipment services market? How easy is it to convert a loyalist?

The Global Laboratory Water Testing Market: Highlights

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.

Research Methodology

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.

Report Features

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:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, Product portfolio, New product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 
• Future outlook

The global laboratory water testing market is segmented into the following categories: 

By Technology

• Ph Meters, Dissolved Oxygen Analysers, Turbidity meters, Others,

By After Sales Services

• Calibration, Repair, Validation

By Product Type

• Portable, hand-held, table top, others,

By Type of Application

• Laboratory, Others (environments, industrial)

By End User

• Hospitals, Clinical Laboratories, Pharmaceutical Labs, Others

By Region

• North America (Country Analysis: the USA, Canada)
• Western Europe (Country Analysis: Germany, France, the UK)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Latin America (Country Analysis: Brazil, Argentina, Mexico, and Others)
• Rest of the World (Sub-Region Analysis: The Middle East, Africa, Rest of Europe and Others) 

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our first-time clients:

Company Profiling

• SWOT analysis of key players (up to 3 players)
• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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 [email protected].