1 / 4

Osmometers Market

Rapid innovations and the launch of new products are taking osmometry to the next level by offering a perfect balance of ease-of-use and improved analytical performance.

deepakraj
Download Presentation

Osmometers Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Osmometers – Keeping Clinical Labs Up and Running Rapid innovations and the launch of new products are taking osmometry to the next level by offering a perfect balance of ease-of-use and improved analytical performance. With the rising number of pharmaceutical and biopharmaceutical companies seeking technologically-advanced tools for several quality check and process controls, analysts at Transparency Market Research (TMR) forecast steady growth of the global osmometers market at a CAGR of ~3% during the period of 2019-2027. Osmometers have garnered significant traction as a viable diagnostic tool that helps indicate the total concentration of dissolved solids present in plasma and other fluids. In an attempt to align with the ongoing 'patient-centric' trend in the healthcare industry, clinical labs are making great strides to report accurate patient results, while biopharmaceutical labs are focusing on developing quality therapeutics – potentially raising the demand for advanced osmometers. Report Overview:https://www.transparencymarketresearch.com/osmometer- market.html Multi-sample Osmometers to Gain Center Stage Single sample osmometers continue to account for a major share of manufacturers’ bottom lines, in view of offering sufficient testing capacity and performance. However, these systems require a significant amount of manual sample handling and tech time to complete the osmolality testing – misaligning with end user trends of improving automation and reducing labor requirements. To that end, manufacturers are focusing on increasing the production of multiple-sample osmometers, which are specifically designed not only to automate various aspects of osmolality testing but also to offer a host of added technological benefits as compared to the single sample variants. Freezing point osmometers continue to account for higher demand as compared to vapor pressure and membrane osmometers, according to TMR’s study. Independent from different physical characteristics of the liquid solution, along with user-friendly operational modes, freezing point osmometers have gathered significant momentum as the industry-preferred solution, and remain a gold standard in pharmaceutical research, clinical chemistry labs, and quality control labs, worldwide. As 7 in 10 osmometers sold in the market are based on freezing point depression, manufacturers are specifically focused on this category. North America Leads, But Opportunities Abound in Developing Countries While the war of innovation supremacy continues among stakeholders in the osmometers market, expansion of distribution networks through strategic collaborations remains a key focus area for increased global reach. North America and Europe continue to offer greater opportunities, in the view of high healthcare expenditure per capita and rise in the demand for laboratory automation. In consequence, manufacturers are targeted towards leveraging advanced

  2. technologies to not only develop 'best-in-class' osmometers but also to retrofit and renovate conventional equipment. Market consolidation in developing countries in Asia Pacific will remain a key to gain competitive edge, as the region is increasingly being recognized for its unique healthcare ecosystems and innovative business models. TMR’s analysts portend that, the osmometers market in Asia Pacific will record a relatively high CAGR as compared to other regions, during the predefined timeframe. The rising need for automation in clinical laboratory settings and an increase in the R&D investments of pharmaceutical and biotech companies in the region are further likely to lead to the realignment of manufacturers’ strategies. Request Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33 812 Osmometers Market: Overview The global osmometers market was valued at ~US$ 64 Mn in 2018, and is projected to expand at a CAGR of ~3% during the forecast period, to reach a valuation of ~US$ 84 Mn by 2027. The global osmometers market is driven by a rise in the demand for osmometers, 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. Product launches by key players are anticipated to boost the global osmometers market in the near future. However, a highly competitive environment, owing to a highly fragmented market, is the major factor that is anticipated to restrain the global market. The market is hampered due to the availability of a wide range of products at different costs. Global Osmometers Market: Segmentation Analysis In terms of product, the global osmometers market has been classified into freezing point osmometers, vapor pressure osmometers, membrane osmometers, and others. The freeze point osmometers segment dominated the global market in 2018. The segment is projected to expand at a rapid pace during the forecast period. The freeze point standard method for testing osmolality provides a complete and accurate view of the sample. Based on sample, the market has been bifurcated into single sample and multiple sample. The single sample segment dominated the global osmometers market in 2018. Increase in the demand for osmometers in clinical laboratories is likely to propel the segment. Based on application, the osmometers market has been classified into clinical, dairy analysis, pharmaceuticals & biotech, and others. The clinical segment is projected to expand at a rapid pace during the forecast period. Continuous

  3. technological advancements and a rise in the need for the adoption of advanced medical facilities are likely to drive the segment. Based on end user, the global osmometers market has been divided into hospitals, laboratory and diagnostic centers, healthcare companies, contract research organizations, contract manufacturing organizations, food and feed industries, and others. The laboratory & diagnostic centers segment dominated the global market in 2018, owing to high usage of osmometers in laboratory and diagnostic centers. Each of the segments of the global osmometers market have been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The report provides current and future revenues (US$ Mn) for each of these segments for the period from 2017 to 2027, considering 2018 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2019 to 2027, along with market size estimations. Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&re p_id=33812 Global Osmometers Market: Geography Overview In terms of region, the global osmometers market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for a prominent share of the global osmometers market in 2018. The market in the region is anticipated to be driven by the high rate of adoption of osmometers for clinical and laboratory analysis. The study also offers a list of recommendations, highlights, and useful insights of the market, which would help new companies willing to enter the market and existing companies increase their market shares, and help in the decision-making process. Global Osmometers Market: Major Players The osmometers market report concludes with the company profiles section that includes key information about the major players in the market. Major players operating in the global osmometers market include oKNAUER Wissenschaftliche Geräte GmbH oAdvanced Instruments oLöser Messtechnik oNova Biomedical oPrecision Systems, Inc. oELITechGroup oARKRAY, Inc. oratiolab oLabtek Services Ltd.

  4. About Transparency Market Research Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ Contact Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Blog: https://tmrblog.com Email:sales@transparencymarketresearch.com

More Related