Water Testing And Analysis Global Market Analysis, Trends, Growth, Research And Forecast 2033

The new report published by The Business Research Company, titled "Water Testing And Analysis Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the water testing and analysis market size has grown strongly in recent years. It will grow from $3.91 billion in 2023 to $4.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The water testing and analysis market size is expected to see strong growth in the next few years. It will grow to $5.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.

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Escalating Waterborne Diseases Drive Growth In The Water Testing And Analysis Market
The rise in the prevalence of waterborne diseases is contributing to the growth of the water testing and analysis market. Waterborne diseases are diseases caused when drinking water is contaminated with pathogenic microorganisms like protozoa, viruses, bacteria, and intestinal parasites. For instance, according to the 2021 SCRIP (Scientific Research Publishing) report, a China-based publishing company, each year, approximately 4 billion cases of waterborne diseases are reported all over the world, resulting in at least 1.8 million deaths, with 90% of cases involving children under the age of five. These deaths account for approximately 4% of all deaths and 18% of deaths in children under five in developing countries. Waterborne diseases account for an estimated 4.1% of the total daily global disease burden and kill 1.8 million people each year. The majority of deaths occur in children under the age of five in developing countries. Therefore, the rise in the prevalence of waterborne diseases is expected to drive the water testing and analysis market.

SaaS-Based Platforms Revolutionize Water Testing And Analysis Services
The use of SaaS (solutions-as-a-service)-based platforms is a recent trend gaining popularity in the water testing and analysis market. The use of SaaS platforms is increasing in water testing companies to deliver online services such as water quality management, EHS compliance, and carbon reporting. The SaaS delivery model operates when a software vendor provides access to its software and works remotely as a web-based service. Many companies are offering SaaS to water testing and management companies to improve their operations. For instance, in January 2023, Waters Corporation, a US-based analytical laboratory instrument manufacturing company, launched a new Software-as-a-Service (SaaS) application called waters connect System Monitoring. This application is designed for high-volume quality assurance/quality control (QA/QC) laboratories.

The water testing and analysis market covered in this report is segmented -

1) By Type: TOC Analyzer, PH Meter, Dissolved Oxygen Meter, Conductivity Sensor, Turbidity Meter, Other Types
2) By Test Type: Physicochemical Analysis, Bacteriological Testing
3) By Method: Membrane Filter, Multiple Tube Dilution, Visual Comparison Method, Spectrometric Method, Titration Method, Other Methods
4) By End User: Pharmaceutical, Power, Semiconductor, Food and Beverage, Mining, Refineries, Metals, Chemicals, Environmental, Other End Users

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Major companies operating in the water testing and analysis market report are General Electric Company, Veolia Environnement SA, Honeywell International Inc., Danaher Corporation, ABB Ltd., Daikin Industries Ltd., Johnson Controls International plc, Carrier Global Corporation, Emersion Electric Co, Suez SA, Eurofins Scientific SE, SGS S.A., Agilent Technologies Inc., Bureau Veritas AS, Lennox International Inc., Charles River Laboratories, Mettler-Toledo International Inc., Endress+Hauser Management AG, Intertek Group plc, Shimadzu Corporation, TUV SUD EV, UL LLC, Horiba Ltd., ALS Limited, Neogen Corporation, NSF International, Merieux NutriSciences Corp, AquaPhoenix Scientific Inc., Thermo Fisher Scientific Inc., Tintometer GmbH

Contents of the report:
1. Executive Summary
2. Water Testing And Analysis Market Report Structure
3. Water Testing And Analysis Market Trends And Strategies
4. Water Testing And Analysis Market - Macro Economic Scenario
5. Water Testing And Analysis Market Size And Growth
…..
27. Water Testing And Analysis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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