Osmometers Market – Scope of the Study
[199 Pages Report] Transparency Market Research, in its new research study, provides a future outlook for the ‘osmometers market’. It provides a wealth of information on key market dynamics, including the drivers, restraints, trends, and challenges prevailing in the osmometers market, which can help identify the growth opportunities for market players. TMR’s study outlines the growth trails of the osmometers market for the period of 2019-2027, along with forecast statistics in terms of value (US$ million).
Important indicators of the osmometers market, including value and supply chain analysis, pricing analysis, historical value and volume analysis, and Y-o-Y growth trend analysis have been provided in the report. Detailed information covered in the report can help readers anticipate the quantitative growth prospects of the osmometers market during the forecast period.
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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.
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.
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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.
Key Players of Osmometers Report:
- KNAUER Wissenschaftliche Geräte GmbH
- Advanced Instruments
- Löser Messtechnik
- Nova Biomedical
- Precision Systems, Inc.
- ELITechGroup
- ARKRAY, Inc.
- ratiolab
- Labtek Services Ltd.
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