Particle Counter Market Analysis
Global particle counter market is expected to exhibit a stable 7.1% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global particle counter market is expected to reach a valuation of USD 168.2 million by 2025, according to the MRFR report.
Particle counters are used to determine the concentration of various types of particles in the air. They are widely used in cleanrooms and other areas where the cleanliness of the work surfaces is an important concern. Particle counters play a vital role in ensuring the sterility of the products being produced in the given area. As such, they are widely used in applications where sterility of the end product is important.
The growing pharmaceutical industry has been a major driver for the global particle counter market over the last few years. The pharmaceutical industry uses particle counters to ensure the prevention of contamination of various drugs. The growing prevalence of numerous chronic diseases has been a major driver for the pharmaceutical industry over the last few years. The growing spread of neurological and cardiovascular diseases has led to a stable growth of the pharmaceutical industry in recent years. Rising research and development in the pharmaceutical sector is likely to be a major driver for the global particle counter market over the forecast period. According to a recent survey, the pharmaceutical and biotech industry in the U.S. spent USD 102 billion on research and development in 2015. Such initiatives are likely to increase the demand for particle counters over the forecast period. The growing medical devices industry is also likely to be a major driver for the global particle counter market over the forecast period. Medical devices need to be sterilized before use, as otherwise they can lead to various infections in patients. This is likely to be a major driver for the particle counter market over the forecast period.
Particle Counter Market Competitive Leaderboard:
Leading players in the global particle counter market include Particle Measuring Systems Inc. (A Spectris Company), Beckman Coulter (A Danaher Corporation Company), Rion Co. Ltd., Lighthouse Worldwide Solutions Inc., TSI Inc., Climet Instruments Company, Setra Systems, Met One Instruments Inc., and Chemtrac Inc.
In June 2019, TSI Inc. launched AeroTrak+ Remote Airborne Particle Counter for monitoring manufacturing cleanrooms.
Particle Counter Market Segmentation:
The global particle counter market is segmented on the basis of product type, technology, modularity, end user, and region.
By product type, the global particle counter market is segmented into airborne and liquid particle counters. Airborne particle counters are mainly used to monitor signs of cleanroom air contamination, whereas liquid particle counters are used to measure the distribution of particles in liquid or solid samples.
By technology, the global particle counter market is segmented into online and offline particle counters. Online/inline particle counters are mounted directly on to stationary systems for continuous or periodic monitoring. Offline particle counters use minerals as the operating fluid and are portable. The portability of offline particle counters is likely to result in an increase in their demand over the forecast period.
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By modularity, the global particle counter market is segmented into portable, handheld, and remote particle counters. The portable segment holds the largest share in the global particle counter market and is likely to remain in the lead over the forecast period, due to the widespread acceptance of portable particle counters.
By end use, the global particle counter market is segmented into medical devices, pharmaceuticals, research laboratories, and others. The medical devices industry accounted for the largest share in the global particle counter market in 2018 and is likely to remain in the lead over the forecast period due to the increasing cases of contamination of patients due to contaminated medical devices and the stringent government regulations.
Particle Counter Market Regional Analysis:
The Americas held the largest share in the global particle counter market in 2018. Europe accounted for the second largest share, followed by Asia Pacific.