Rising Demand For Pharmaceutical Water In Biotechnology And Beyond Spurs Market Growth Driving Market Acceleration in the Pharmaceutical Water Industry, 2025

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How Large Will the Pharmaceutical Water Market Size By 2025?
The market size of pharmaceutical water has seen swift expansion in recent times. The market is projected to increase from $37.61 billion in 2024 to $41.69 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 10.9%. The historic growth is a result of a heightened demand for top-quality water, rise in biologics and biosimilar manufacturing, expansion in the pharmaceutical manufacturing industry, development of new drugs concentrating on biologics, and the flourishing biopharmaceutical sector.

How Big Is the Pharmaceutical Water Market Size Expected to Grow by 2029?
The pharmaceutical water market is projected to experience swift expansion in the coming years, with its size predicted to reach $62.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.5%. Several factors contribute to this projected growth in the forecast period, including growing emphasis on quality assurance and regulatory adherence, increased inclination towards outsourcing of pharmaceutical manufacturing, the proliferation of generic drug production, heightened awareness for routine health screenings and diagnoses, and the escalating diabetes prevalence among the elderly and overweight population. Forecast period trends that look set to shape the market include product advancement, integration with disposable technologies, escalating adoption of distant system monitoring, developments in pharmaceutical-grade water purification systems, and the uptake of multi-parameter water quality testing.

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Which Key Market Drivers Powering Pharmaceutical Water Market Expansion and Growth?
The pharmaceutical water market is poised for growth, largely propelled by the advancing demands of the biotechnology sector. Biotechnology, a scientific domain that exploits biological systems, organisms, or processes to develop beneficial societal products and technologies, has a significant demand for pharmaceutical water. This need can be attributed to developments in genetic engineering, research methodologies, and biopharmaceuticals. Pharmaceutical water contributes to advancing biotechnology by ensuring the purity and quality required for research, development, and manufacturing activities, guaranteeing the safety, efficacy, and regulatory compliance of biotech products. For example, as reported by the Australian Government Department of Health in 2022, the Australian biotechnology landscape, represented by a local organization, generated over $8 billion in yearly revenue in 2021 with an anticipated yearly growth rate of 3% from 2021 to 2026. As a result, the burgeoning demand from the biotechnology sector is instrumental in propelling the pharmaceutical water market's growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Pharmaceutical Water Market?
Companies at the forefront of the pharmaceutical waters market are concentrating on the creation of novel products like Water for Injection (WFI), aimed at enhancing the effectiveness and value of water purification procedures. Water for Injection (WFI) is a form of pharmaceutical water that satisfies the stringentest purity criteria and is specifically formulated for the production of injectable drugs. To illustrate, Asahi Kasei Corporation, a chemical company based in Japan, in June 2024, introduced a new membrane system created to generate Water for Injection (WFI), which is crucial for the preparation of injections. This system incorporates Microza hollow-fiber membrane, presenting a more eco-friendly and energy-saving alternative to conventional distillation approaches. The system design eradicates the requirement for steam cooling and condensation, making the process more proficient and easier to operate.

What Are the Emerging Segments in the Pharmaceutical Water Market?
The pharmaceutical watermarket covered in this report is segmented -

1) By Product Type: Highly Purified Water, Water For Injection, Water For Inhalation, Deionized Water, Distilled Water, Other Product Types
2) By Application: Drug Formulation, Cleaning And Purification, Cell Culture Production, Equipment Cleaning, Buffers And Solutions, Other Applications
3) By End User: Pharmaceutical And Biotechnology Companies, Contract Research And Manufacturing Organizations, Academics And Research Laboratories, Hospitals And Healthcare Facilities, Diagnostic Laboratories, Other End-Users

Subsegments:
1) Highly Purified Water: Reverse Osmosis Water, Ultrapure Water, Purified Water Systems
2) Water For Injection: Sterile Water For Injection, Non-Sterile Water For Injection, Single-Dose Water For Injection
3) Water For Inhalation: Sterile Water For Inhalation, Non-Sterile Water For Inhalation, Preservative-Free Water For Inhalation
4) Deionized Water: Type I Deionized Water, Type II Deionized Water, Type III Deionized Water
5) Distilled Water: Laboratory Grade Distilled Water, Medical Grade Distilled Water, Industrial Grade Distilled Water
6) Other Product Types: Water For Hemodialysis, Water For Laboratory Use, Water For Pharmaceutical Processing

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Who Are the Global Leaders in the Pharmaceutical Water Market?
Major companies operating in the pharmaceutical water market are Merck & Co. Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Ecolab Inc., Baxter International Inc., B. Braun Melsungen AG, Xylem Inc., Sartorius AG, Pentair PLC, Waters Corporation, Pall Corporation, Veolia Water Solutions And Technologies, Hikma Pharmaceuticals PLC, Hach Company, BWT AG, Evoqua Water Technologies, Kinetico Incorporated, Nexus Pharmaceuticals, Intermountain Life Sciences, Aqua-Chem Inc., FujiFilm Irvine Scientific Inc., Medi-Pure Incorporated, Lenntech B.V.

Which are the Top Profitable Regional Markets for the Pharmaceutical Water Industry?
North America was the largest region in the pharmaceutical water market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the pharmaceutical water market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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