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Laboratory Water Purifier Market - by Application, Deployment Mode, Industry Vertical - Opportunity Analysis and Industry Forecast, 2017-2022

06-06-2018 08:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
The global laboratory water purifier market is fragmented in nature with a host of small and large players competing against one another. This makes the competitive environment quite cutthroat. In order to outsell their rivals, key manufacturers are focusing hard on product differentiation through innovative technologies.

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Depending upon the end-use industry, the global laboratory water purifier market can be segmented into food, environment, oil and gas, academic and government, and healthcare. Among them, healthcare is again divided into hospitals, pharmaceuticals, and clinical diagnostics and OEM. At present the segment of healthcare dominates the market for laboratory water purifier. In 2016, the segment’s share in the market was a substantial 39%.

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Latest technologies are helping to develop more advanced laboratory water purification systems with improved functionalities. Technological investments, particularly in the emerging economies of Asia Pacific, are providing a major boost to the global laboratory water purifier market.

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Another factor helping to catalyze growth in the market is the growing use of the systems in different applications. “The expanding application areas of laboratory water purifiers in various laboratories activities is also generating high demand for laboratory water purifiers specifically in Asia-Pacific region,” explains the lead analyst of the report.

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