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Benchtop Laboratory Water Purifier Market Share

Report ID: GMI7648
Published Date: Dec 2023
Report Format: PDF

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Benchtop Laboratory Water Purifier Market Share

The market is highly fragmented owing to the presence of several market players. Major companies operating in the market are Thermo Fisher, Merck, Sartorious, accounting over 30% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.

Government support to boost the adoption of low GWP refrigerant and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.

Benchtop Laboratory Water Purifier Market Companies

Major players operating in the benchtop laboratory water purifier industry include:

Thermo Fisher Scientific Inc.
Merck KGaA
Sartorious AG

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for benchtop laboratory water purifier was valued at USD 14.3 billion in 2023 and is anticipated to register a CAGR of over 6.1% between 2024 and 2032 driven by the product’s utility in scientific experiments, analyses, and research activities in fields such as chemistry, biology, and physics.

Reverse Osmosis (RO) Systems segment was worth USD 5.8 billion in 2023 and is expected to grow substantially by 2032 driven by the demand for water purifiers to efficiently remove the impurities.

The U.S. market generated a revenue of over USD 0.9 billion in 2023 and is expected to grow at a lucrative pace through 2032, driven by growing R&D activities in laboratories and universities.

Thermo Fisher Scientific Inc., Merck KGaA and Sartorious AG are some of the major industry contenders.