Southeast Asia - Laboratory Water Purifier Market by Product and End-user - Forecast and Analysis 2024-2028

Southeast Asia Laboratory Water Purifier Market 2024-2028

The Southeast Asia Laboratory Water Purifier Market size is estimated to grow by USD 984.11 million at a CAGR of 9.57% between 2023 and 2028. 

The expansion in the field of laboratory experimentation has contributed to developments in laboratory equipment, including laboratory water purifiers. With rapid advances in technology and new product launches, global vendors are upgrading their existing product portfolios to meet the increased demand for laboratory water purifiers. Merck KGaA offers the Milli-Q IQ 7000 system, the seventh-generation Milli-Q water purification system. This Milli-Q IQ 7000 system features a high-definition digital touchscreen for simple operation, purification cartridges that are 33% smaller than the previous versions, a hibernation mode to maintain system water quality with reduced energy consumption, easy connection to lab networks through an integrated data management system, and ech2o mercury-free UV lamps for the photo-oxidation of organic contaminants. Technological upgrades and new product launches by market players will positively impact the growth of the market during the forecast period.

What will be the Size of the Market During the Forecast Period?

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Segmentation by Product, End-user and Geography Analysis

Product Analysis

The market share growth by the type II segment will be significant during the forecast period. Type II refers to the water grade for general laboratory applications, such as media preparation, pH solutions, and buffers, and for certain clinical analyzers, which require high inorganic purity. Type II water purifiers can also be used as a feed to a Type I system, as well as laboratory equipment such as autoclaves, laboratory dishwashers, and water baths. 

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The type II segment was the largest and was valued at USD 558.65 million in 2018. Type II water purifiers are also widely used for pathology, cytology, and histology work; buffer preparation; photometry and spectrophotometry; electrophoresis; general chemistry; and polymerase chain reaction (PCR). PCR has witnessed significant use in the healthcare industry. PCR technologies are used in the diagnosis of diseases such as middle ear infections, tuberculosis, and Lyme disease. In disease detection, PCR is used in identifying and culturing microorganisms that cause diseases. PCR solutions make significant use of laboratory water purifiers to handle microbiological media and for buffer preparation. Type II systems also offer convenience to end-users when compared with ordering bottled HPLC-grade water for laboratory purposes. Therefore, the growing use of PCR solutions will have a direct impact on the demand for Type II water purifiers, leading to increased volume production and the growth of the market during the forecast period.

End-user Analysis 

The healthcare segment comprises hospitals, pharmaceutical and biotechnology companies, and diagnostics centers. There has been an increase in the number of hospitals, diagnostic laboratories, and pharmaceutical companies due to the rise in healthcare expenditure. In hospitals, laboratory water purifiers are used in renal dialysis, in high-volume systems in multi-bed wards, for clinical analyzer feed, and in decontamination and sterile services departments. A significant amount of demand during the forecast period is likely to originate from emerging economies, such as the Philippines and Malaysia. These countries enjoy favorable economic conditions and relatively inexpensive labor. Thus, with the growth of hospitals and the pharmaceutical and biotechnology industries, the need for filtration systems such as laboratory water purifiers is also increasing. Therefore, the hospital segment is expected to grow and propel the growth of the market during the forecast period.

The rise in the demand for personalized medicines has resulted in increased research activities in drug development and discovery. Research organizations and institute end-users utilize laboratory water purifiers for research purposes only; hence, their use for these products is much lower than industrial users. This is mainly because of the premium pricing of these systems. Owing to their limited budgets, research organizations and institutes show low adoption of these systems, and the most common application of laboratory water purifiers is the generation of high-purity water. In the coming years, the use of laboratory water purifiers is expected to increase in research organizations and institutes, primarily due to the growing number of collaborations. Therefore, such factors are expected to drive the growth of research organizations and institutions in the laboratory water purifier market in Southeast Asia during the forecast period.

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Key Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 13 market companies, including:

Biosan - The company offers a laboratory water purifier named Labaqua Bio.

• Coway Co. Ltd.
• DAIHAN Scientific Co. Ltd.
• Danaher Corp.
• IT Technologies Pte Ltd.
• Labconco Corp.
• Merck KGaA
• QIAGEN NV
• Sartorius AG
• SPT Instrument Co. Ltd.
• Thermo Fisher Scientific Inc.
• Veolia Environnement SA
• Xylem Inc.
• Pure Aqua Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, market trends and analysis, and challenges. 

Key Drivers

Implementation of innovative technologies and new product launches of laboratory water purifiers is notably driving market growth. The expansion in the field of laboratory experimentation has contributed to developments in laboratory equipment, including laboratory water purifiers. With rapid advances in technology and new product launches, global vendors are upgrading their existing product portfolios to meet the increased demand for laboratory water purifiers. Merck KGaA offers the Milli-Q IQ 7000 system, the seventh-generation Milli-Q water purification system.

Moreover, this Milli-Q IQ 7000 system features a high-definition digital touchscreen for simple operation, purification cartridges that are 33% smaller than the previous versions, a hibernation mode to maintain system water quality with reduced energy consumption, easy connection to lab networks through an integrated data management system, and ech2o mercury-free UV lamps for the photo-oxidation of organic contaminants. Technological upgrades and new product launches by market players will positively impact the growth of the market during the forecast period.

Significant  Trends

Product recalls in the food and beverage industry generating lab water purifier demand is an emerging trend shaping market development. The global increase in food product recalls due to safety issues, as exemplified by instances like the Singapore Food Authority recalling Eat Real Quinoa Puff products containing undeclared milk allergens and the Agri-Food and Veterinary Authority of Singapore recalling peanut puffs with metal fragments, underscores the crucial need for robust food safety systems. To mitigate the adverse impacts of recalls on revenue and brand reputation, food and beverage companies are increasingly investing in proper food safety measures.

However, this includes employing High-Performance Liquid Chromatography (HPLC) tests for end-product quality, necessitating ultrapure water from Type I water purification systems to ensure effective test results. As the demand for food safety testing systems rises with increasing recalls, the laboratory water purifier market in Southeast Asia is expected to witness growth. Such factors are expected to drive the market growth during the forecast p[period. 

Major  Challenges

Infrastructure and accessibility issues in remote or rural areas a significant challenges hindering market growth. Infrastructure and accessibility issues in the laboratory water purifier market in Southeast Asia majorly refer to challenges related to the availability and reach of water purification systems, especially in certain regions or areas within Southeast Asia. Remote or rural areas lack the proper infrastructure, such as access to utilities, including clean water. Laboratories in these regions face issues in acquiring and maintaining high-quality water purification systems owing to the logistical challenges in transportation, installation, and servicing. The supply chain for laboratory water purifiers is efficient in certain areas.

However, delays in procurement, lack of availability of spare parts, or dependency on imports can reduce the accessibility of these systems, especially in regions with logistical challenges. Laboratories in rural settings struggle to obtain the same level of water quality owing to the limited access to sophisticated purifiers and experience higher costs due to transportation and maintenance issues. Therefore, the infrastructure and accessibility issues will decline the market growth and trends during the forecast period.

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Key Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also include key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

 Customer Landscape

Market Analyst Overview

The Southeast Asia Laboratory Water Purifier Market is witnessing a surge in demand for advanced water purification devices, especially in laboratory or diagnostic settings where research and development, laboratory experiments, and case studies require ultrapure water. These laboratory water purification systems play a pivotal role in ensuring research integrity across various industries, including pharmaceutical and biopharmaceutical sectors, addressing specific needs through type and application segmentation. The applications extend to patients with various medical conditions, emphasizing the quality care provided by drug and medical therapy developers. Environmental conditions, pollution levels, and life-threatening medical conditions like cancer, chronic obstructive pulmonary diseases, allergies, infectious diseases, diabetes, AIDS, Alzheimer's, and genetic disorders are all considered in these systems.

However, challenges persist, including the lack of standardization in new-age water purifiers, regional guidelines, and environmental factors, leading to potential revenue loss for manufacturers. Stringent guidelines from regional governments and international healthcare bodies, along with policies focusing on harmful products and health concerns, drive the need for inspection through DNA-based molecular processes and digital sensory analysis to ensure food and beverages (F&B) safety.

Segment Overview

The market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• Product Outlook
  • Type II
  • Type I
  • Type III

• End-user Outlook
  • Healthcare
  • Research organizations and institutes
  • Food and beverage and others

Southeast Asia Laboratory Water Purifier Market Scope
Report Coverage	Details
Page number	157
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 9.57%
Market Growth 2024-2028	USD 984.11 million
Market structure	Concentrated
YoY growth 2023-2024(%)	9.26
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Biosan, Coway Co. Ltd., DAIHAN Scientific Co. Ltd., Danaher Corp., IT Technologies Pte Ltd., Labconco Corp., Merck KGaA, QIAGEN NV, Sartorius AG, SPT Instrument Co. Ltd., Thermo Fisher Scientific Inc., Veolia Environnement SA, Xylem Inc., and Pure Aqua Inc.
Market dynamics	Parent market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Southeast Asia Laboratory Water Purifier Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the between 2024 and 2028
• Precise estimation of the size and its contribution n of the market in focus to the parent market
• Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
• Companies landscape comparing criticality of inputs and factors of differentiation
• Exclusive Matrix on companies position and classification
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across Southeast Asia
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of companies

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