Osmometers Market

Osmometers Market Outlook

The osmometers market's size was currently estimated to be at USD 92.27 Million and during the forecast period it is anticipated to register at a CAGR of 4.03%. In 2032, the market for osmometers is expected to be worth USD 136.98 Million.

The market expansion for osmometers is attributed to technological advancements and a rise in the prevalence of electrolyte disorders. Hyponatremia is common in both postoperative and critically ill patients in the Intensive Care Unit (ICU). Osmometer use has greatly expanded, fueling osmometer market growth.

Osmometers are increasingly being used for quality assurance and control of various consumer goods, such as isotonic drinks that have been checked to see if they comply with legal requirements using freezing point osmometers, sports beverages, and non-alcoholic beer.

In addition, osmolality testing is an important step in figuring out the pathophysiology of many diseases, such as hyponatremia, small-molecule poisoning, and even viral infections like COVID-19, which is expected to drive osmometers market expansion.

Osmometer use has increased as a result, supporting patient care. Proper medical patient management is crucial for enhancing therapy and reducing hospital stays during the pandemic, hence fuelling the growth of the market

The rise in the prevalence of chronic diseases such as cancer, diabetes, and other autoimmune diseases is expected to drive market expansion. The factors such as sedentary and unhealthy lifestyles, smoking, and alcohol consumption are among the major contributors to the rise in the prevalence of non-communicable diseases.

Report Attributes	Details
Market Size (2022)	USD 92.27 Million
Projected Market Value (2032)	USD 136.98 Million
Global Market Growth Rate	4.03%
Single Sample Market Share	67.79%
Freezing Point Market Share	72.58%
Laboratory and Diagnostics Centres Market Share	26.49%
North America Market Share	33.05%
Key Companies Profiled	Advanced Instruments; ELITechGroup Inc.; Precision Systems Inc.; ARKRAY Inc.; Nova Biomedical; ASTORI TECNICA; KNAUER Wissenschaftliche Gerete GmbH; Ratiolab; Labtek Services Ltd.

Multi-Sample Osmometers May Take the Lead

Due to their adequate testing capacity and performance, single-sample osmometers continue to make up a significant portion of the manufacturer's bottom lines. These systems are out of step with end user trends that are increasing automation and lowering labor requirements because they require a lot of manual sample handling and tech time to complete the osmolality testing. This is further expected to drive the growth of the market.

The osmometers market producers are concentrating on increasing the output of multiple-sample osmometers because they are specifically made to automate different processes involved in osmolality testing and to provide a wide range of additional technological advantages over single sample models.

In comparison to vapor pressure and membrane osmometers, freezing point osmometers continue to be in higher demand. Frozen point osmometers have become the industry's go-to tool and are still the gold standard in pharmaceutical research, clinical chemistry labs, and quality control labs all over the world, despite the fact that different liquid solutions have different physical properties. Manufacturers are concentrating on the market for osmometers because 70% of osmometers in the market are based on freezing point depression.

Segmentation Insights

Why Do Freezing Point Osmometers Account for the Most Revenue Generation in the Market?

With an osmometers market share of more than 72.58%, the Freezing Point (FP) osmometers segment dominated the market. Freezing point osmometers are the most commonly used in a variety of medical settings, including clinical chemistry, quality control labs, drug manufacturing, and pharmaceutical production, due to their effectiveness.

Freezing point osmometers have several advantages over other types, including quick and inexpensive measurements, industry-preferred FP technique performance, small sample size (ul), and suitability for diluted biological and aqueous solutions. As a result of these factors, the market segment is expected to grow during the forecast period.

The key osmometers market players are concentrating on the introduction of new products, technological advancements, and growth strategies. As a result, the demand for freezing point osmometers is expected to rise in the near future.

During the forecast period, the membrane osmometers segment is expected to grow at the fastest CAGR in the market for osmometers. Rapid membrane osmometers are expected to drive the market growth as an alternative to freezing point and vapor pressure osmometers. Although vapor pressure and freezing point osmometers can provide quick and inexpensive measurements, their utility is limited by the fact that they are indirect techniques that rely on thermodynamic hypotheses.

While Membrane Osmometry (MO) can directly measure both solution osmolality and osmotic pressure, the traditional method is frequently labor-intensive and difficult to use. The segment is therefore expected to grow and escalate the adoption of osmometers.

Why is ‘Single-Sample’ Sampling Capacity a Popular Segment in Osmometers Market?

With an osmometers industry share of more than 67.79%, the single-sample segment dominated. Cryo-preservatives used in RNA therapeutics, high-concentration protein drug formulations, and gene and cell therapy applications, buffer concentrates for in-line buffer dilutions and other samples that are more difficult to freeze.

• The Osmo TECH XT single-sample micro-osmometer is anticipated to be added to Advanced Instruments' biotech tool lineup in September 2020. Due to such advanced technology, the segment is expected to grow rapidly.

Osmolality is a critical quality requirement in the development of manufacturing processes, the creation of biological medicines, and the fabrication of injectable solutions. The osmometers market segment is expected to grow as a result of these developments.

The multi-sample segment is expected to grow at the fastest CAGR. Historically, many laboratories have rarely conducted osmolality tests.. As a result, most laboratories have decided to use single sample osmometers for standard testing.

It is now possible to automate many processes in the osmolality testing process while giving several automation advantages over single sample units due to recent breakthroughs, such as the introduction of new multi-sample osmometers for osmolality testing laboratories. Multi-sample osmometers offer a number of advantages over single-sample osmometers, such as built-in 2D barcode scanners, touchscreen operation, and simple software control. These factors are anticipated to cause the multi-sample segment in the market for osmometers to grow over the coming years.

The major market players are focusing on R&D activities in order to bring reliable and new products to market, as well as product launches.

Why Laboratory and Diagnostics Centers in End Use Industry is Poised to Drive Osmometers Industry?

The osmometers market is led by the laboratory and diagnostics centers segment, which accounted for more than 26.49% of global revenue. This is due to a greater emphasis on products that provide analytical performance and usability in these contexts. An increase in the number of innovations and new product releases to drive the market growth for osmometers.

• Beginning in May 2019, laboratories can assess the quality control of their osmometer urine and serum in real-time and on a monthly basis by using the new Advanced Instruments, LLC web-based Advanced QC Peer Group service. Advanced Instruments' clients assisted in the development of the Advanced QC Peer Group program.

It enables laboratories to address issues quickly by providing instantaneous and monthly reports that measure internal and external performance in real-time, which is expected to drive segment growth.

The segment for healthcare businesses is anticipated to grow at the fastest rate during the forecast period. Osmometers are the more efficient data-driven approach for a range of biotechnology applications, including vaccine development, cell line development, gene therapies, vaccines, personal care, and more. This in turn boosts the osmometers market adoption trends.

In addition to having better control over the yield, titer, purity, and quality of their product, biopharmaceutical labs routinely test for osmolality as part of their manufacturing and development processes for biologic drugs.

Osmometers are being used more frequently in healthcare organizations to provide quality assurance and operational management in the development and manufacture of biologics. Due to high consumer expectations regarding the diagnosis accuracy, speed, and procedural affordability of the devices used in healthcare organizations, a number of businesses are consistently expanding their portfolio to meet the needs of service providers.

Country Insights

North America

With a revenue share of more than 33.05%, North America dominated the osmometers market.

How Will the U.S. Osmometers Market Evolve?

Factors contributing to the region's market growth include a favorable reimbursement environment, the presence of prominent players, and significant government investments in the development of cutting-edge medical devices.

Due to the region's high per-capita healthcare spending and growing need for laboratory automation, the country still has a greater number of options.

Canada to Secure Largest Revenue Share in Osmometers Market

The developed economies, high levels of disposable income, and the presence of skilled workers are some of the factors that contribute to the region's sizable market share. As a result, manufacturers are emphasizing the use of cutting-edge technology not only to create better osmometers but also to upgrade and modernize existing machinery.

Asia Pacific

During the forecast period, the Asia Pacific region is expected to have the highest CAGR.

Why is China's Osmometers Market Growing the Fastest Among Major Economies?

Growth is expected to be driven by rising demand for diagnostic products, as well as rising healthcare expenditures, over the forecast period. The growing geriatric population, rising chronic disease incidences, and increased development of advanced products are expected to drive market growth.

The Japanese Market to Expand Rapidly in the Coming Years

The market growth is being driven by ongoing medical infrastructure expansion as well as increased government and private sector investments to promote the use of safer and more cost-effective healthcare solutions.

Comparative View of Adjacent Osmometers Industry

Osmometers Market:

Attributes	Osmometers Market
CAGR (2022 to 2032)	4.03%
Market Value (2027)	USD 112.43 Mn
Growth Factor	The increasing use of osmometers in the medical industry for cell culture research, drug discovery, diagnostics, and quality control applications is driving the market growth.
Opportunity	The rising demand for accurate analysis and results for better clinical outcomes, as well as extensive research and development (R&D) activities, are expected to propel the market forward.
Key Trends	Various product innovations, such as the introduction of multiple-sample micro osmometers, which aid in increasing production and providing fast and accurate osmolality test results, are driving the market growth.

Bone Densitometers Market:

Attributes	Bone Densitometers Market
CAGR (2022 to 2032)	3.9%
Market Value (2027)	USD 1310.23 Mn
Growth Factor	The bone densitometers market is primarily driven by an increase in the global prevalence of osteoporosis.
Opportunity	The growing geriatric population, which is predisposed to developing osteoporosis, is expected to drive overall demand for bone densitometers.
Key Trends	This unprecedented increase has resulted in high demand for bone densitometers for accurate assessment, broadening the growth potential in the coming years..

pH Meters Market:

Attributes	pH Meters Market
CAGR (2022 to 2032)	5.6%
Market Value (2027)	USD 2431.56 Mn
Growth Factor	Rising demand for pH meters in industries such as food processing, water treatment, power, agriculture, fertilizers, and others is expected to propel market growth.
Opportunity	Growing microbial infection rates, combined with technological developments in pH meters, are expected to provide profitable growth opportunities for the pH meters market.
Key Trends	Growing government regulations concerning the quality of water used, as well as growing industrial concerns about the harmful effects of acidic or basic water, are expected to drive up usage rates over the forecast period.

Competitive Landscape

Osmometer manufacturers are working more quickly to obtain licenses for their goods so that mass production can start. To further strengthen their position in the market, the market players are implementing a variety of strategies, including mergers and acquisitions, partnerships, innovations, and product launches, such as the launch of osmometer products.

The osmometers market is extremely fragmented, with the majority of the players being local or regional. Players in the market are concentrating on launching cutting-edge products and expanding geographically.

Recent Development

Date	Company Name	Strategy	Details
June 2022	ELITechGroup	Introduction	ELITechGroup introduced the FreezePoint Freezing Point Osmometer in June 2020. The FreezePoint from the ELITechGroup is made for common measurements in the medical field and is suitable for measurements in research and industry to ascertain the total osmolality of aqueous solutions. The instrument offers quick measurements cycles that are finished in a very short amount of time and only needs 15 l sample volumes.
September 2021	Advanced QC	Introduction	Advanced QC, a web-based program, was introduced in September 2021 for manufacturer-recommended serum and urine osmometer controls, protinol protein-based controls, and renol urine osmolality controls. The programme enables clinical laboratories to compare their monthly and real-time osmometer control data to that of their competitors.
July 2021	ELITechGroup	Acquisition	In order to assist doctors in accurately and quickly diagnosing disease and choosing the best course of patient treatment, ELITechGroup, a producer of global freezing point osmometer technology, acquired GONOTEC in July 2021.
August 2019	Osmo TECH PRO	Launch	The Osmo TECH PRO multi-sample micro-osmometer, the newest instrument in Advanced Equipment's collection of biotech instruments, was unveiled in August 2019. The Osmo TECH PRO provides the most data management options and can be configured in a variety of ways to evolve as the stages of R&D, preclinical testing, clinical testing, and GMP compliance progress.
September 2020	Advanced Instruments	Release	Advanced Instruments announced the release of its latest biotech instrument portfolio, the OsmoTECH XT Single-Sample Micro-Osmometer, in September 2020. The innovation is based on freezing point depression technology and aids in the accurate measurement of a variety of sample types.

Key Segments

• By Type :

  • Freezing Point (FP) Osmometers
  • Vapour Pressure Osmometers
  • Membrane Osmometers

• By Sampling Capacity :

  • Single-Sample
  • Multi-Sample

• By End Use :

  • Hospitals
  • Laboratory & Diagnostics Centers
  • Healthcare Companies
  • Contract Research Organizations
  • Contract Manufacturing Organizations
  • Food and Feed Industries
  • Others

• By Region :

  • North America
  • Latin America
  • MEA
  • Europe
  • Asia Pacific