Albany, NY -- (SBWIRE) -- 04/10/2019 -- Liquid analytical instruments are devices that are used for chemical analysis of various samples. The liquid analytical instruments market has witnessed a remarkable growth due to the development of better performing reagents and devices. Moreover, with the emergence of advance technologies such as stream selection technology and high frequency liquid analyzers it is expected that the liquid analytical instruments market will experience a significant growth in the near future.
In terms of geography, North America followed by Europe account for the largest market share of liquid analytical instruments market due to the high adoption rate of liquid analyzers in wastewater management industry and biotechnology industry. Moreover, stringent environmental policies and focus on protecting the environment has fueled the sales of liquid analytical instruments in established countries such as the U.S., U.K., Germany, France, Italy and Canada. However, other regions such as Middle East, Latin America and South East Asia are expected to be the prospective markets in the near future. Due to the high adoption rate of precise analytical instruments and highly developing biotechnology industry, these regions are expected to be the potential market in the near future. Moreover, nowadays, major pharmaceutical companies are outsourcing their drug development services to various countries such as China, Singapore, Malaysia and India, which is ultimately propelling the growth of the liquid analytical instruments market.
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The global liquid analytical instruments market is witnessing an admirable growth due to the rising demand of real-time data monitoring and enhanced industrial process requirements. Moreover, stringent environmental standards along with increased demand for liquid analyzers in wastewater and water quality management industry are expected to boost the growth of overall liquid analytical instruments market in the near future. The major usage liquid analytical instruments are for industrial manufacturing process that requires fast and precise measurements and biased free results.
Furthermore, the use of automated liquid analytical instruments in pharmaceutical industry decreases human biases and enables easy data control and monitoring. Additionally, liquid analytical instruments are widely used in biotechnology applications for ensuring optimum yield in various fermentation processes and for monitoring metabolism of microorganisms. These highly precise instruments are also extensively used in the food and beverage industry for maintaining the quality. For instance, advance liquid analyzers are used in breweries to control oxygen level during the fermentation process, which also helps in prevention oxidation of substances thus increasing the shelf-life of beer.
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The global liquid analytical instruments market is highly fragmented due to the participation of many global as well as new players in this market. The market is expected to witness a high growth rate due to the growing demand for finer process analyses and stringent environmental policies. Some of the key players involved with the liquid analytical instruments market are ABB Ltd., Analytical Systems International / Keco, Electro-Chemical Devices, Inc., Emerson Electric Co., Endress+Hauser AG, Mettler-Toledo International Inc., Schneider Electric, Teledyne Technologies Incorporated and Yokogawa Electric Corporation.