The report “Particle Counters Market by Type (Airborne, Liquid), Application (Cleanroom Monitoring, Contamination Monitoring of Liquids, IAQM), End User (Life Sciences & Medical Devices, Semiconductor, Automotive), Region – Global Forecast to 2025″, is projected to grow at a CAGR of 9.9% during the forecast period, to reach USD 554 million by 2025 from USD 346 million in 2020.
The Market growth is driven largely by factors, such as robust growth in applied markets, the favorable regulatory scenario, and growing focus on the quality of food products are the key factors driving the growth of the particle counter market. In addition, emerging economies (such as Brazil, India, South Korea, and China).
COVID-19 Impact on the Global Particle Counters Market;
The COVID-19 pandemic has intensified drug discovery and research efforts while adding to the pressure on pharma and clinical labs. Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is still diverse. While a few industries will register a drop in demand, numerous others will continue to remain stable and show promising growth opportunities.
The particle counters market has witnessed significant growth over the years; however, due to the unexpected COVID-19 outbreak, the market is expected to witness a mixed set of market adoption in 2020, owing to their increasing usage in drug development, pharma-biopharma manufacturing, and medical device manufacturing. However, several allied industrial application of target products are reported with limited utilization of particle counters due to supply chain disruptions in the aerospace and automobile industries, and regulatory relaxation to pollution monitoring & bulk manufactutring industries.
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Cleanroom monitoring segment accounted for the largest share of the particle counters applications market in 2019
The cleanroom monitoring segment accounted for the largest share of the particle counters market, by application, in 2019. Technological advancements in industries such as pharmaceutical, medical devices, automotive, and aerospace are increasing the demand for quality assurance and stringent regulations of manufacturing environments to ensure product quality. This has driven the demand for cleanroom monitoring and, by extension, particle counters. Thus, the growth of the market for cleanroom monitoring will be tied directly to the growth of industries that use cleanrooms.
Life sciences & medical device industries are the largest end users of the market
In 2019, the life sciences & medical device industry segment accounted for the largest share of the particle counters market. Market growth is largely driven by the growing volume of compounds to be detected for the presence of impurities in pharmaceutical samples, increasing production of pharmaceutical formulations, stringent safety regulations, and increased R&D expenditure. The increase in pharmaceutical manufacturing outsourcing from the Asian region and the establishment of new manufacturing facilities by global pharmaceutical giants in newer geographies are also propelling the demand for particle counters in this end-user segment.
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North America is expected to be the largest market during the forecast period;
US and Canada are the major countries considered for the study of the particle counters market. North America has a diverse and well-established R&D infrastructure, with rapid adoption of chromatography techniques among end-user industries. North America accounted for the largest share of 37.3% of the chiral chromatography columns market in 2019. A number of factors, such as increasing drug development activities, the availability of government funding for life science R&D, high adoption of technologically advanced solutions, A robust pharmaceutical industry base in the US, technological advancements, and the increasing use of particle counters for air pollution monitoring are driving the growth of the market in this region.
Key Market Players;
As of 2019, prominent players in the particle counters market are Particle Measuring Systems (US), Beckman Coulter (US), RION Co., Ltd. (Japan), Lighthouse Worldwide Solutions (US), TSI (US), Climet Instruments Company (US), Met One Instruments, Inc. (US), Particle Plus (US), Setra Systems (US), PAMAS (Germany), Chemtrac (US), Hal Technology (US), Konamax (US), Veltek Associates (US), PCE Instruments (UK), GrayWolf Sensing Solutions (US), Extech Instruments (US), Palas GmbH (Germany), HYDAC International (Australia), and Fluke Corporation (US), among others
The Key Growth Elements in Detailed?The Particle Counters Market growth is driven largely by factors, such as robust growth in applied markets, the favorable regulatory scenario, and growing focus on the quality of food products are the key factors driving the growth of the particle counter market.
In addition, emerging economies (such as Brazil, India, South Korea, and China).Worldwide Growth Opportunities in Terms of Revenue:The Particle Counters Market size is projected to grow from an estimated USD 346 million 2020 to USD 554 million by 2025, at a CAGR of 9.9% during the forecast period.Growth Driver: Regulations and standards for cleanrooms and manufacturing;The increasing demand for certified products, various quality certifications such as ISO checks and National Safety and Quality Health Standards (NSQHS) have been made mandatory for ensuring that the standards for manufacturing processes and products are being upheld.
Quality certifications require products to be processed in a cleanroom environment to ensure minimum possible contamination.
The need to ensure a sterile and contamination-free environment promotes the greater use of cleanrooms and monitored working areas for manufacturing healthcare products.In addition, the possibility of adverse drug reactions has ensured constant monitoring in the pharmaceutical manufacturing process.
According to the FDA, liquid pharmaceutical products labeled for infants and toddlers, offered by leading pharma brands, such as Major Pharmaceuticals and Rugby Laboratories, were recalled in 2017 due to particulate contamination.
In the same year, SCA Pharmaceuticals LLC recalled various injectable product lots for possible bacterial contamination.
The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
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The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
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