Global Osmometers Market to Reach US$ 107.8 Million by 2032, Propelled by the Widespread Product Adoption in the Healthcare Industry

August 16, 2022 | Healthcare

The latest report by IMARC Group, titled “Osmometers Market Report by Product Type (Freezing Point Osmometers, Vapor Pressure Osmometers, Membrane Osmometers), Sampling Capacity (Single-Sample Osmometers, Multi-Sample Osmometers), Application (Clinical, Pharmaceutical and Biotech, and Others), End User (Laboratory and Diagnostic Centers, Hospitals, and Others), and Region 2024-2032”, finds that the global osmometers market size reached US$ 84.4 Million in 2023. Osmometer refers to an analytical instrument used to estimate the osmotic pressure of numerous solutions, compounds, and colloids. They are also used to measure salts and sugars in urine solutions. Some of the most commonly available osmometers include membrane, freezing point, and vapor pressure. Membrane osmometers are utilized to measure the difference in osmotic pressure between a pure solvent and a solution separated by a semipermeable membrane. Freezing point osmometers help detect the osmotic strength of a solution, whereas vapor pressure osmometers are extensively used to determine the concentration of osmotically active particles that decrease the vapor pressure of a solution. In recent years, osmometers have gained traction as they are efficient, assist in timely diagnosis, and are easy to use. As a result, they are widely adopted in diagnostic centers, laboratories, and hospitals.

Global Osmometers Market Trends:

One of the primary factors driving the market is the widespread application of osmometers in the healthcare industry for drug discovery, cell culture, quality control applications, and diagnostics. Additionally, the utilization of osmometers in diagnostics to measure the osmolality of body fluids, such as blood, urine, and cerebrospinal fluid, is creating a positive market outlook. Other than this, the sudden outbreak of the coronavirus disease (COVID-19) pandemic has escalated the demand for osmometers in the market. Furthermore, numerous product developments, such as the launch of multiple-sample micro osmometers that help in increasing production and provide accurate and fast osmolality test results, are positively influencing the market growth. Moreover, the increasing number of biopharmaceutical and pharmaceutical companies seeking technologically advanced tools for procedure controls and quality checks are strengthening the market growth. Other growth-inducing factors include extensive investment in research and development (R&D) activities by market players to enhance their product portfolio and the rising demand for accurate analysis and results to achieve better clinical outcomes. Looking forward, IMARC Group expects the market value to reach US$ 107.8 Million by 2032, expanding at a CAGR of 2.7% during the forecast period (2024-2032).

Market Summary:

  • Based on the product type, the market has been divided into freezing point, vapor pressure, and membrane osmometers.
  • On the basis of the sampling capacity, the market has been bifurcated into single-sample and multi-sample osmometers.
  • Based on the application, the market has been classified into clinical, pharmaceutical and biotech, and others.
  • On the basis of the end user, the market has been segmented into laboratory and diagnostic centers, hospitals, and others.
  • Region-wise, the market has been categorized into North America (the United States and Canada), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and others), Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been analyzed, with some of the key players being Advanced Instruments LLC, ARKRAY Inc., Astori Tecnica s.r.l., ELITech Group SAS, KNAUER Wissenschaftliche Gerate GmbH, LABTEK Services Ltd., Loser Messtechnik, Nova Biomedical Corporation, Precision Systems Inc., and Ratiolab.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product Type, Sampling Capacity, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advanced Instruments LLC, ARKRAY Inc., Astori Tecnica s.r.l., ELITech Group SAS, KNAUER Wissenschaftliche Geräte GmbH, LABTEK Services Ltd., Löser Messtechnik, Nova Biomedical Corporation, Precision Systems Inc. and ratiolab.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Osmometers Market to Reach US$ 107.8 Million by 2032, Propelled by the Widespread Product Adoption in the Healthcare Industry
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