Moisture Analyzer Market - Industry Growth Analysis & Forecast By 2028
Category: #health  By Partha Ray  Date: 2019-08-02
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Moisture Analyzer Market - Industry Growth Analysis & Forecast By 2028

Moisture analyzer market size is expected to grow significantly from 2019 to 2025. Moisture analyzer market growth is mainly driven by growing demand for process automation in worldwide. Moisture content in pharmaceutical products may affect crystal structure, chemical stability, powder flow, compaction, dissolution rate, lubricity, permeability and polymer film permeability. Surge in demand for moisture analyzers in healthcare industry to maintain product stability and consistency, will thus stimulate moisture analyzers business growth during the forthcoming years.

Furthermore, technological advancement in moisture analyzers to ensure high reliability will positively impact the moisture analyzer market size. Focus of industry players on rigorous R&D activities for development of novel and advanced products will favor business growth. For instance, HE53 halogen moisture analyzer introduced by Mettler-Toledo, is a no-frills, easy-to-use instrument that offers fast moisture analysis as well as maximum control over manufacturing processes and product quality. However, reliability issues associated with moisture analyzers and lack of skilled technicians may impede industry growth over the forecast period.

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In-line moisture analyzers segment is anticipated to witness lucrative growth during the analysis timeframe. In-line analyzers mounted on production belts, continuously monitor moisture content level in the products and ensure high-quality end products. Increasing adoption of process automation for manufacturing products in the healthcare industry will further favor segment growth.

Near-infrared segment held significant moisture analyzer market share in 2018 owing to its ability to detect moisture content level in products during the manufacturing process. With the growing demand for in-line moisture analysis, adoption of near-infrared analysis technique to improve accuracy is expected to increase over the coming years. Moreover, introduction of advanced products such as SMART Q, the second-generation infrared moisture analyzer, that offers fast and reliable moisture determination on the production line will thus, stimulate segment growth.

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Pharmaceutical and biopharmaceutical companies segment is projected to show substantial growth during the forecast timeline. Negative influence of moisture on the physical and chemical properties of pharmaceutical products will increase its adoption in the healthcare industry. Growing demand for reliable and precise analyzers to detect moisture content fluctuations and formulation consistency in various pharmaceutical  and biopharmaceutical companies will spur the segment size.

North America moisture analyzer market size held momentous revenue in 2018 and will witness similar growth over the analysis period. Regional growth is attributed to awareness among people regarding process automation and growing demand for technologically advanced products. Strong foothold of major industry players in the region will further accelerate North America moisture analyzer industry growth.

Few notable players operating in moisture analyzer market share include Thermo Fisher Scientific, Mettler-Toledo International, Michell Instruments, SpectraSesnsors, Arizona Instrument, Ametek, General Electric, Kett Electric Laboratory, Shimadzu, Sartorius, Mitsubishi Chemical and Adam Equipment. Focus of industry players mainly focus on innovative product launch and inorganic strategies including mergers and acquisitions to capitalize on market opportunities and sustain market competition.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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