The global osmometers market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). Growing disease burdens around the globe, as well as the increased need for improved and well-equipped clinical laboratories to improve clinical outcomes, are driving the market growth. For instance, according to the International Agency for Research on Cancer 2020, globally 1 in 5 people develop cancer during their lifetime, and 1 in 8 men and 1 in 11 women die from the disease.
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Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in July 2021, ELITechGroup, the market leader in global vapor pressure osmometer technology, announces the acquisition of GONOTEC, a leading market player in freezing point osmometer technology. The acquisition brings together two osmometry market leaders, offering the industry a full range of osmometry solutions that address individual demands, enabling clinicians to diagnose disease more quickly and accurately and determine the best course of treatment for their patients. In addition, ELITechGroup will also have a direct market presence in Germany, allowing the company to serve customers directly with its comprehensive product and solution portfolio.
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Market Coverage
- Segment Covered-
o By Type
o By End-Use
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Advanced Instruments LLC, Precision Systems Inc., ELITechGroup, ARKRAY, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Osmometers Market Report Segment
By Product Type
- Freezing Point Osmometers
- Vapor Pressure Osmometers
- Membrane Osmometers
By Sampling Capacity
- Single-Sample Osmometers
- Multi-Sample Osmometers
By End User
- Hospitals
- Clinical
- Laboratory and Diagnostic Centers
- Pharmaceuticals & Biotech
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