(PharmaNewsWire.Com, January 05, 2021 ) The report "Particle Counter 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.
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.
The airborne particle counters segment accounted for the largest share of the particle counters market, by type, in 2019
The airborne particle counters segment accounted for the largest share of the market in 2019. The large market share of this segment can be attributed to the growing monitoring of cleanrooms for the semiconductor, aerospace, pharmaceuticals, and medical devices industries; low cost of remote particle counters; and rising awareness of indoor quality monitoring.
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.
In 2019, North America accounted for the largest share of the market, followed by Europe. In the US, significant public-private funding and investments to support air pollution monitoring-based researches, faster adoption of technologically advanced particle counters among end users, and strong trend of pharmaceutical and biotechnology research are some of the key factors driving the market for particle counters. Moreover, growing stringent guidelines for pharmaceutical and food products; increasing demand for particle counters in applied markets such as pharmaceuticals, food & beverage, water & environmental monitoring testing; increasing public awareness to enforce strict air pollution monitoring and control regulations, and continuous government expenditure on air pollution monitoring and control are some of the factors expected to drive the growth of the market in Canada during the forecast period.
Leading Companies in Industry:
AS of 2019, prominent players in the particle counter 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.
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