Laboratory Water Purification Market Size is estimated to grow at a CAGR of 10.9% during the forecast period

• The laboratory water purification market was valued at USD 19.1 billion globally in 2022, and during the forecast period, a compound annual growth rate of 10.9% is anticipated.
• This water is used in clinical laboratories, such as those found in hospitals and diagnostic centers, for a variety of testing and illness diagnosis.
• The growth of the market is being fueled by an increase in R&D as well as the expansion of healthcare and life sciences.

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Growth Drivers

• The market is growing due to a number of factors, including the growing importance of research and development in the biotechnology and pharmaceutical industries, strict quality standards for laboratory water, growing awareness of the value of using pure water in experiments, technological advancements in water purification systems, and the global expansion of the healthcare and life sciences sectors.
• The need for clean water in the medical industry is fueled in part by the expanding need for dependable, high-quality water in a variety of laboratories.
• The market is expanding dramatically due in large part to an increase in research and development efforts. The market is expanding due to the growing need for pure water in laboratories for a variety of diagnostic tests.

Segmentation

Type

·?????????Type 1

·?????????Type 2

·?????????Type 3

·?????????Others

Mode of Use

·?????????Point of Use

·?????????Large Central Systems

·?????????Clinical Analyzers

Product Type

·?????????Bench Top

·?????????Central

·?????????Portable

Technology

·?????????Filtration

·?????????Reverse Osmosis

·?????????Ion Exchange

·?????????Others

Application

·?????????Chromatography

·?????????Spectrometry

·?????????Biochemistry

·?????????Others

End-User

·?????????Food

·?????????Pharmaceuticals

·?????????Hospitals

·?????????Others

Regional Outlook

·?????????Asia Pacific

·?????????North America

·?????????Latin America

·?????????Middle East and Africa

·?????????Europe

Key Players

·?????????Merck KGaA

·?????????Lobconco Corporation

·?????????Evoqua water technologies

·?????????Veolia water solutions and technologies

·?????????Danaher Corporation

·?????????Yomato Scientific Company Limited

·?????????Sartorius AG

·?????????Biolab Scientific Ltd.

·?????????Pall Corporation

·?????????Millipore Sigma

·?????????Other Players

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