Water Testing And Analysis Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Water Testing And Analysis Market?
The escalation of water-related illnesses is impacting the expansion of the water testing and analysis market. Waterborne diseases occur when drinking water becomes polluted with disease-causing microorganisms like protozoa, viruses, bacteria, and intestinal parasites. As per the World Health Organization, a Switzerland-based health organization, in July 2022, approximately 829,000 individuals worldwide lose their lives annually due to diarrheal diseases caused by unsafe or inadequate drinking water, as well as poor sanitation and hygiene (WASH) conditions. Thus, the increasing occurrence of waterborne diseases is likely to propel the water testing and analysis market.
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What is the Predicted Annual Growth Rate of theWater Testing And Analysis Market Impact Industry Trends by 2034?
In recent years, the market for water testing and analysis has witnessed significant growth. The market size is predicted to increase from $4.13 billion in 2024 to $4.39 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.3%. The historic growth of the market is due in part to strict regulations around water quality, rising worries about diseases caused by waterborne bacteria, the monitoring of industrial pollution and discharge, the growth of agricultural activities, and the development of urban infrastructure and urbanization.
Anticipations suggest that the water testing and analysis market is poised for substantial growth over the coming years, escalating to $5.7 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%. This projected growth over the forecast period is largely due to factors such as the escalating global population and water scarcity, a heightened awareness of new contaminants, an emphasis on industrial water recycling, the effects of climate change on water resources, and various government efforts towards water management. Noteworthy trends projected within the forecast period include an intensified focus on new contaminants and micropollutants, the incorporation of drones and remote sensing for water surveillance, partnerships between technology providers and water utilities, the establishment of real-time water quality reporting, and a rising emphasis on water recycling and reuse.
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What Are the Key Market Innovations in theWater Testing And Analysis Market Over the Coming Years?
The rising trend of utilizing solutions-as-a-service (SaaS) based platforms is being increasingly witnessed in the water testing and analysis market. Water testing companies are embracing SaaS platforms to offer online services like water quality management, compliance with EHS, and carbon reporting. The SaaS delivery model functions when a software vendor grants access to its software and operates as a web-hosted service. A lot of firms are providing SaaS to water testing and management organizations to enhance their operations. For example, the Waters Corporation, an American analytical laboratory equipment manufacturing company, introduced a new Software-as-a-Service (SaaS) application known as waters connect System Monitoring in January 2023, aimed at high-capacity quality assurance/quality control (QA/QC) labs.
Who Are the Top Companies Driving Innovation and Growth in theWater Testing And Analysis Market?
Major companies operating in the water testing and analysis market include General Electric Company, Veolia Environnement SA, Honeywell International Inc., Danaher Corporation, ABB Ltd., Daikin Industries Ltd., Johnson Controls International plc, Carrier Global Corporation, Emersion Electric Co, Suez SA, Eurofins Scientific SE, SGS S.A., Agilent Technologies Inc., Bureau Veritas AS, Lennox International Inc., Charles River Laboratories, Mettler-Toledo International Inc., Endress+Hauser Management AG, Intertek Group plc, Shimadzu Corporation, TUV SUD EV, UL LLC, Horiba Ltd., ALS Limited, Neogen Corporation, NSF International, Merieux NutriSciences Corp., Thermo Fisher Scientific Inc., Tintometer GmbH
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Which Key Market Segments Comprise the Water Testing And Analysis Market and Drive Its Revenue Growth?
The water testing and analysis market covered in this report is segmented –
1) By Type: TOC Analyzer, PH Meter, Dissolved Oxygen Meter, Conductivity Sensor, Turbidity Meter, Other Types
2) By Test Type: Physicochemical Analysis, Bacteriological Testing
3) By Method: Membrane Filter, Multiple Tube Dilution, Visual Comparison Method, Spectrometric Method, Titration Method, Other Methods
4) By End User: Pharmaceutical, Power, Semiconductor, Food And Beverage, Mining, Refineries, Metals, Chemicals, Environmental, Other End Users
Subsegments:
1) By TOC Analyzer: Online TOC Analyzers, Portable TOC Analyzers
2) By pH Meter: Benchtop pH Meters, Portable pH Meters
3) By Dissolved Oxygen Meter: Portable Dissolved Oxygen Meters, Benchtop Dissolved Oxygen Meters
4) By Conductivity Sensor: Portable Conductivity Meters, Fixed Conductivity Sensors
5) By Turbidity Meter: Portable Turbidity Meters, Laboratory Turbidity Meters
6) By Other Types: Total Hardness Test Kits, Chlorine Meters, Nutrient Analyzers
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Which Regions Are Emerging as Leaders in the Water Testing And Analysis Market?
North America was the largest region in the water testing and analysis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global water testing and analysis market during the forecast period. The regions covered in the water testing and analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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