Particle Counter Market Trends

Growth Drivers

• Growing Research & Development (R&D) Spending in the Pharmaceutical Industry –The rising demand for aerosol particle counters that are primarily used in the pharmaceutical industry to determine air quality, and the surge in the R&D spending in the industry are expected to propel the particle counter market in the projected period. It is found that the global research and development spending in the pharmaceutical industry reached almost UDS 199 billion in 2020 and is expected to reach around 250 billion by 2025.

• Increasing Production of Oil – Particle counters are used for contamination analysis of injected water and cleanliness control of water-based hydraulic fluids. It is found that globally, more than 4 billion metric tons of oil is produced every year.

• Rising Number of Cars Running on Diesel – The automotive industry needs to follow the new regulations of counting soot particles in the exhaust emission test of diesel cars. According to research in European Union (EU), approximately 32% out of all registered vehicles used diesel as fuel in the year 2020.

• Upsurge in the Number of Hospitals – This is attributed to the fact, that the most tightly-controlled spaces are required in terms of monitoring the indoor environment. It was found that in Japan, there were more than 8000 hospital establishments in 2019.

Challenges

• High Cost of Production – High cost of production is one of the biggest challenges owing to which not many people can afford it. The expected product life cycle is a crucial factor in determining direct and indirect interest expenses. An out-of-tolerance calibration in regulated businesses does need a deviation report and failure inquiry, costing anywhere between USD 8,000 and USD 12,000 on average.
• Lack of Awareness Among Target Consumers
• Huge Investment is Required for Developing Cleanrooms