Water Analysis Instruments Market Value By Type (Microbiological Test, Physical Test, Chemical Test), By Technology (HPLC-based, LC-MS/MS-based, Immunoassay-based, Other), By Application (Industrial, Laboratory, Environmental, Government), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), Industry Analysis, Share & Forecast, 2023 - 2032

Market Overview:

Water Analysis Instruments Market Size is crossed USD XX Billion in 2022 and is expected to showcase a CAGR of over 7.3% from 2023 to 2032. By the end of the forecast period, the market is anticipated to record a valuation of around USD XX Billion.

Water analysis instruments are scientific tools that are used to analyze the quality of water. These instruments are used to determine the presence and levels of various chemical and physical parameters such as pH, temperature, dissolved oxygen, turbidity, total dissolved solids (TDS), and other contaminants in water. They are commonly used in various industries, including environmental monitoring, water treatment, and research laboratories.

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Furthermore, manufacturers of water analysis instruments are constantly focusing on improving the accuracy, reliability, and user-friendliness of their products. They are investing in research and development to introduce innovative technologies and advanced features to their instruments, making them more efficient and effective in water analysis.

Drivers:

Growing consumer interest in water safety and quality 

Water safety is threatened by the rising number of waterborne disease outbreaks, cases of adulteration, and toxicity. Over 7 million people in the United States are affected by waterborne diseases each year, resulting in various illnesses such as respiratory, neurological, skin, gastrointestinal, and bloodstream infections.

Waterborne germs can infect people not only through drinking water but also through breathing in contaminated water droplets or contact with the nose or ears. The water analysis instrument market is shifting towards rapid microbiological tests due to increasing awareness of waterborne diseases worldwide.

The demand for high technological advancements and enhanced surveillance and detection methods has driven the water safety testing market in both developing and developed countries. Intertek was appointed by Irish Water in October 2021 to conduct a "Strategic Modelling Study" of Cork Harbour in collaboration with Nicholas O'Dwyer Ltd. The study aims to develop a strategic numerical hydrodynamic and water quality model that can recommend infrastructure upgrades required to meet long-term sustainable environmental standards that comply with European law and require the least amount of total expenditure.

Regional Overview:

North America is one of the largest markets for water analysis instruments, primarily driven by the United States and Canada. The increasing awareness of water pollution and the need for water quality monitoring to ensure public health and safety are the primary drivers of growth in this region. Additionally, the demand for water analysis instruments is also being driven by strict environmental regulations and the need to comply with them.

The Asia Pacific region is expected to have the highest growth rate in the water analysis instrument market due to the rising demand for water quality monitoring in countries like China, India, and Japan. The rapid industrialization and urbanization in the region have led to increased pollution of water sources, driving the need for water analysis instruments. Furthermore, the increasing adoption of wastewater treatment and desalination technologies is also driving the growth of the market in this region.

Key Development:

• In September 2022, SGS has opened two new geochemistry facilities for sample preparation and testing in Australia and South Wales. This expansion will increase the company's testing capacity in the regions.
   
• In February 2021, Neogen Corporation has begun testing for Early Warning COVID-19 in wastewater. The new test finds the presence of SARS-CoV-2, the virus responsible for COVID-19, in wastewater sludge. The Neogen test produces precise results that quickly identify new types of outbreaks and provide early warnings of potential infections and surges within facilities.

Top companies include in the global water analysis instruments market are:

• Thermo Fisher Scientific Inc
• Merck Kgaa 
• Danaher Corporation 
• Bio-Rad Laboratories Inc 
• Shimadzu Corporation 
• Agilent Technologies 
• Eurofins 
• Perkin Elmer Inc 
• Biomerieux S.A.
• Intertek Group Plc

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In-depth analysis of water analysis instruments market along with industry coverage and forecasting for the following segments:

Market Value, By Type

• Microbiological Test
• Physical Test
• Chemical Test

Market Value, By Technology

• HPLC-based
• LC-MS/MS-based
• Immunoassay-based
• Other

Market Value, By Application

• Industrial
• Laboratory
• Environmental
• Government

Market Value, By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America