Press release
Global Bottled Water Testing Equipment Market Benefits from Increasing Awareness for Water-borne Diseases
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The global market for bottled water testing equipment is expected to rise at a significant CAGR during the forecast period. The increasing consumption of bottled water and the increasing awareness of water-borne diseases are the top factors driving the water testing equipment market. The bottled water testing incorporates utilization of multi-barrier approach, some of which are reverse osmosis, micro-filtration, distillation, ozonation, carbon filtration, and ultraviolet light.
The regulations of FDA along with EU commission regulations for the purity of bottled water before it is commercially available is also boosting the demand for bottled water testing equipment. Furthermore, research and development for the introduction of new technologies for the physical, chemical, and microbial testing of water, which includes pesticide pollutants, toxic by-products, and pharmaceutical residues are also propelling the growth of the global market for bottled water testing.
However, the growth of this market is impeded due to the high cost of equipment and limited facilities that employ advanced technologies for bottled water testing.
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The bottled water testing equipment market can be studies on the basis of technology, component, test type, and region. By technology, the market can be divided into traditional and advanced. The advanced segment can be further sub-segmented into chromatography, testing kits, spectroscopy, and others.
In terms of component, instruments, reference materials, and consumables and reagents are the segments into which the market can be divided. In terms of test type, the global bottled water testing market can be segmented into microbiological, chemical, physical, and radiological.
Geography-wise, the market can be broadly divided into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Latin America, Japan and Middle East and Africa. Amongst these, Asia Pacific excluding Japan dominates the global market and contributes leading shares to this market in terms of both value and volume.
Some of the key players in the bottled water testing equipmet market include Agilent Technologies Inc., Waters Corporation, ThermoFisher Scientific Inc., Restek Corporation, LaMotte Company Inc., Bio-Rad Laboratories Inc., Perkin Elmer Inc., Shimadzu Corporation, and Accepta AS.
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