Add 2 More Reports For 20% off

Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

North America Osmometers Market Outlook

The global osmometers market size was valued at USD 117.6 million in 2023, with North America holding a significant market share. It is driven by the rising prevalence of chronic diseases and advancement in osmometry technology. The global market is expected to grow at a CAGR of 13.2% during the forecast period of 2024-2032, with the values likely to attain USD 361 million by 2032.

Key Takeaways

  • In January 2023, a study published in Frontiers in Public Health projected the number of adults (aged 50 years or older) with at least one chronic disease to reach 142.66 million by 2050 in the United States. The rise in chronic disease burden is expected to impact market growth.
  • The growing emphasis on the development of automated osmometers is expected to augment North America osmometers market share. In July 2022, Advanced Instruments, LLC, introduced the OsmoPRO MAX Automated Osmometer, a freezing point osmometer designed to deliver higher productivity through automation in clinical laboratories.
  • The United States President's 2024 budget proposal revealed a USD 210 billion investment in federal research and development (R&D), with more than USD 100 billion reserved for basic and applied research. The increased government funding is likely to drive higher demand for osmometers in research settings.

North America Osmometers Market Analysis 

An osmometer is utilized in clinical laboratories to measure the concentration of particles, also called osmolar concentration. The device can be used for measuring serum osmolality, which can help in finding the cause of certain electrolyte and acid-balance disorders. Serum osmolality is often used as an initial test to diagnose hyponatremia (a condition in which the concentration of sodium in the blood is abnormally low). Besides being useful in the diagnosis and treatment of patients in various clinical scenarios, osmometers also find their application in quality control and laboratory safety in pharmaceutical and biotechnology companies. Increased application of osmometers in the healthcare sector along with advancements in osmometry technology is expected to drive North America osmometers market growth.

Osmometers are useful in the diagnosis and monitoring of various chronic diseases. The rise in the prevalence of these conditions is poised to fuel the market demand. In January 2023, a study published in Frontiers in Public Health projected the number of adults (aged 50 years or older) with at least one chronic disease to reach 142.66 million by 2050 in the United States. Thus, with the adult population with chronic diseases in the region expected to increase, the demand for osmometers is likely to witness a surge in the forecast period.

In North America, there is a growing emphasis on laboratory automation solutions, including automated osmometers which streamline workflows and offer improved efficiency and accuracy. One of the major North America osmometers market trends is the rising investment in the development and commercialization of such automated devices by the key market players. One such fully automated solution, OsmoPRO MAX Automated Osmometer, which was introduced by Advanced Instruments, LLC (a United States-based medical equipment manufacturer), in July 2022. The freezing point osmometers are designed to deliver higher productivity through automation in clinical laboratories, thereby providing a simplified and efficient osmolality testing workflow. The launch of such technology-advanced osmometers is expected to significantly elevate the market value in the coming years.

The rise in funding for research and development activities can facilitate the development of advanced osmometer technologies with improved accuracy, sensitivity, and automation features. Consequently, the North America osmometers market demand is expected to rise in research institutions and laboratories. Further, the United States President's 2024 budget proposal revealed a USD 210 billion investment in federal research and development (R&D), the largest ever investment for federal research and development, with more than USD 100 billion reserved for basic and applied research. The increased government funding is likely to positively influence market dynamics by driving product innovation and higher demand for osmometers in research settings.

North America Osmometers Market Segmentation

The report offers a detailed analysis of the market based on the following segments:

Market Breakup Categories
Sampling Capacity Single Sample, Multi Sample
Type Freezing Point, Vapour Pressure, Membrane, Others
Application    Clinical, Pharmaceutical and Biotech, Others
End User Laboratory and Diagnostics Centers, Healthcare Companies, Contract Manufacturing Organization, Food and Feed Industries, Others
Countries United States of America, Canada

North America Osmometers Market: Competitor Landscape

The key features of the market report include patent analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • Nova Biomedical
  • ASTORI TECNICA
  • KNAUER Wissenschaftliche Gerete GmbH
  • Ratiolab
  • Labtek Services Ltd.
  • Advanced Instruments
  • ELITechGroup Inc.
  • Precision Systems Inc.
  • ARKRAY Inc.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Sampling Capacity 
  • Type
  • Application 
  • End User 
  • Region
Breakup by Sampling Capacity
  • Single Sample 
  • Multi Sample 
Breakup by Type 
  • Freezing Point 
  • Vapour Pressure
  • Membrane 
  • Others
Breakup by Application
  • Clinical Applications
  • Pharmaceutical and Biotech 
  • Others
Breakup by End User 
  • Laboratory & Diagnostics Centers
  • Healthcare Companies 
  • Contract Manufacturing Organization 
  • Food and Feed Industries
  • Others
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Nova Biomedical
  • ASTORI TECNICA S.R.L.
  • KNAUER Wissenschaftliche Gerete Gmbh
  • Ratiolab
  • Labtek Services Ltd.
  • Advanced Instruments
  • ELITechGroup Inc.
  • Precision Systems Inc.
  • ARKRAY Inc.

North America Osmometer Market Report Snapshots

North America Osmometer Market Size

North America Osmometer Market Analysis

North America Osmometer Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The North America osmometers market is expected to be driven by the rising demand for the global osmometer market, which is anticipated to grow at a CAGR of 13.2% during the forecast period of 2024-2032 and is likely to reach a market value of USD 361 million by 2032. 

The growing prevalence of chronic diseases and the rising healthcare expenditure are fuelling the demand for the market.

One of the significant trends in the market is the launch of technology-advanced osmometers. In July 2022, Advanced Instruments, LLC, introduced the OsmoPRO MAX Automated Osmometer, a freezing point osmometer designed to deliver higher productivity through automation in clinical laboratories.

Based on the sampling capacity, the market is segmented into single sample and multi sample.

By type, the market is divided into freezing point, vapour pressure, and membrane, among others.

End users of the market are laboratory and diagnostics centers, healthcare companies, contract manufacturing organizations, and food and feed industries, among others.

Major applications of osmometers include clinical, pharmaceutical, and biotech, among others.

The market segmentation by countries includes the United States of America and Canada. 

The key players in the market are Nova Biomedical, ASTORI TECNICA, KNAUER Wissenschaftliche Gerete GmbH, Ratiolab, Labtek Services Ltd., Advanced Instruments, ELITechGroup Inc., Precision Systems Inc., and ARKRAY Inc.

Purchase Full Report

Datasheet

 

USD 2,639

USD 2,299

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 4,399

USD 3,699

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 5,829

USD 4,899

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 6,929

USD 5,899

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124