Osmometer Market
Global Osmometer Market Size, Share & Trends Analysis Report by Product Type (Freezing Point Osmometers, Vapor Pressure Osmometers, Membrane Osmometers), By Sampling Capacity (Single-Sample Osmometers, and Multi-Sample Osmometers) By End User (Hospitals, Clinical, Laboratory, and Diagnostic Centres, Pharmaceuticals & Biotech) Forecast Period 2022-2028 Update Available - Forecast 2024-2030
The global market for osmometers is projected to have a considerable CAGR of around 4.1% during the forecast period. An osmometer is an analytical instrument used to estimate the osmotic pressure of various solutions, colloids, and compounds. These devices are also used to measure sugars and salts in urine solutions. The increase in demand for osmometers is mainly due to the increase in R & D activities and the number of clinical and bio pharmacy laboratories. In addition, increased medical costs and increased demand for advanced experimental equipment for accurate analysis and results for better clinical outcomes have also contributed to the growth of the osmometer market. The osmometers market is also driven by a rise in the demand for osmometers, the launch of innovative products by key players, and the expansion of pharmaceutical and biopharmaceutical companies. For instance, in August 2016, Advanced Instruments launched OsmoPRO, a multiple sample osmometer for automated osmolality testing. ASTORI TECNICA announced the launch of an osmometer line, including OsmoTouch 1, OsmoTouch 20, and OsmoTouch 40.
Segmental Outlook
The global osmometer market is segmented based on product type, sampling capacity, and end-user. Based on the product types, the market is further classified into freezing point osmometers, vapor pressure osmometers, membrane osmometers. Based on sampling capacity, the market is further segmented into single-sample osmometers and multi-sample osmometers. Further, based on the end-user the market is classified into hospitals, clinical, laboratory and diagnostic centers, pharmaceuticals & biotech.
Global Osmometer Market Share by Product Type, 2021 (%)
The freezing point osmometers is considered the dominating segment in the global osmometer market.
Among product types, the freezing point osmometers are estimated as dominating segment during the forecast period. The freezing point depression osmometer is a type of osmometer that is used to evaluate the osmotic strength of a solution by decreasing its freezing point due to its osmotically active characteristics. The distinct nature of freezing point osmometers is very important as there is a precise linear correlation between osmolality and the freezing point of a solution. Freezing point osmometers are the most preferred osmometers due to the factors, such as ease in controlling and simple calibration. The rising innovations in products launched by the key players are boosting the segment growth. For instance, in June 2020, ELITechGroup launched FreezePoint Freezing Point Osmometer. The ELITechGroup's FreezePoint is designed for routine measurements in the medical field.
Regional Outlook
Geographically, the global osmometer market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). Europe is projected to have a significant CAGR in the Osmometer market. The growth is driven by the high healthcare expenditure per capita and the rise in the demand for laboratory automation. As a result, the region's key manufacturers are targeted towards leveraging advanced technologies to not only develop best-in-class osmometers but also to retrofit and renovate conventional equipment.
Global Osmometer Market Growth, by Region 2021-2027
North America to hold a considerable share in the global osmometer market
Geographically, North America is projected to hold a significant share global osmometer market. High healthcare spending, increasing adoption of automated healthcare equipment in clinical laboratories and hospitals, and technical improvements in the region are likely to fuel regional market growth. Spending on research and development has increased over time. According to an article published by National Center for Science and Engineering Statistics, the 42 federally funded research and development centers (FFRDCs) in the US spent USD 23.5 billion on research and development in FY 2020, an annual increase of 3.4%. In addition, the number of deaths caused by diarrheal infections has increased significantly in the region. According to the Centers for Disease Control and Prevention(CDC), around 179 million acute diarrhea cases occur each year in the US, which is likely to increase the demand for osmometer adoption.
Market Players Outlook
The key players in the osmometer market contribute significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include Advanced Instruments LLC, Precision Systems Inc., ELITechGroup, ARKRAY, Inc, among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In September 2021, Advanced QC, a web-based program was launched for manufacturer-recommended serum and urine osmometer controls Protinol Protein-Based Controls and Renol Urine Osmolality Controls. The program allows clinical laboratories to compare their osmometer control data to their peers’ data on a real-time and monthly basis. Additionally, this program provides monthly reports that include all peer group data, increased assurance in proficiency survey results, and instant reports to evaluate performance in real-time.
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global osmometer market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Osmometers Industry
• Recovery Scenario of Global Osmometers Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Trade Analysis
2.2.3. Porter’s Analysis
2.2.4. Recommendations
2.2.5. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Osmometers Market, By Product Type
5.1.1. Freezing Point Osmometers
5.1.2. Vapor Pressure Osmometers
5.1.3. Membrane Osmometers
5.2. Global Osmometers Market, By Sampling Capacity
5.2.1. Single-Sample Osmometers
5.2.2. Multi-Sample Osmometers
5.3. Global Osmometers Market, By End User
5.3.1. Hospitals
5.3.2. Clinical
5.3.3. Laboratory and Diagnostic Centers
5.3.4. Pharmaceuticals & Biotech
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
6.4.1. Latin America
6.4.2. Middle East & Africa
7. Company Profiles
7.1. Advanced Instruments LLC.
7.2. Arkray, Inc.
7.3. ASTORI TECNICA
7.4. ELITech Group
7.5. Gonotec GmbH
7.6. KNAUER Wissenschaftliche Gerete GmbH
7.7. Labtek Services Ltd.
7.8. Löser MesstechnikSeegene Inc.
7.9. Nova Biomedical
7.10. Precision Systems Inc.
7.11. Ratiolab GmbH
7.12. Shanghai Medical Instruments (Group) Ltd.
7.13. UIC Inc.
1. GLOBAL OSMOMETERS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL FREEZING POINT OSMOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL VAPOR PRESSURE OSMOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL MEMBRANE OSMOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OSMOMETERS MARKET RESEARCH AND ANALYSIS BY SAMPLING CAPACITY, 2021-2028 ($ MILLION)
6. GLOBAL SINGLE-SAMPLE OSMOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL MULTI-SAMPLE OSMOMETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL OSMOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
9. GLOBAL OSMOMETERS IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL OSMOMETERS IN CLINICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL OSMOMETERS IN LABORATORY AND DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL OSMOMETERS IN PHARMACEUTICALS & BIOTECH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY SAMPLING CAPACITY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
17. EUROPEAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY SAMPLING CAPACITY, 2021-2028 ($ MILLION)
20. EUROPEAN OSMOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC OSMOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC OSMOMETERS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC OSMOMETERS MARKET RESEARCH AND ANALYSIS BY SAMPLING CAPACITY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC OSMOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
25. REST OF THE WORLD OSMOMETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD OSMOMETERS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD OSMOMETERS MARKET RESEARCH AND ANALYSIS BY SAMPLING CAPACITY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD OSMOMETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL OSMOMETERS MARKET, 2021-2028 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL OSMOMETERS MARKET BY SEGMENT, 2021-2028 (% MILLION)
3. RECOVERY OF GLOBAL OSMOMETERS MARKET, 2021-2028 (%)
4. GLOBAL OSMOMETERS MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
5. GLOBAL OSMOMETERS MARKET SHARE BY SAMPLING CAPACITY, 2021 VS 2028 (%)
6. GLOBAL OSMOMETERS MARKET SHARE BY END-USER, 2021 VS 2028 (%)
7. GLOBAL OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL FREEZING POINT OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL VAPOR PRESSURE OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MEMBRANE OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL SINGLE-SAMPLE OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL MULTI-SAMPLE OSMOMETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL OSMOMETERS IN HOSPITALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL OSMOMETERS IN CLINICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL OSMOMETERS IN LABORATORY AND DIAGNOSTIC CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL OSMOMETERS IN PHARMACEUTICALS & BIOTECH MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD OSMOMETERS MARKET SIZE, 2021-2028 ($ MILLION
