India's total market for experimental analytical instruments will reach US$2.37 billion

The Indian experimental instrument market reached US$762.5 million in 2012 and is expected to increase to US$23.7 by 2018. The increasing demand for customized instruments used by end customers such as pharmacies, drug distribution companies, and public and commercial laboratories is driving the advancement of India's experimental analytical instrument market.

Hugo.com learned from the May 23 issue of the “India Economic Times” that in recent years, the demand for customized instruments used by terminal customers such as pharmacies, drug distribution companies, and laboratories has been increasing, driving India’s market for experimental analytical instruments. Go forward. In recent years, the government has been strengthening the quality control of test instruments, especially medical test instruments, which has further promoted the development of the test instrument market.

According to Frost & Sullivan's analysis, the total market for analytical instruments in India reached US$762.5 million in 2012, and it is expected that this number will increase to US$2.37 billion by 2018. The end customers of these test instruments include pharmaceutical production and sales companies, government and university research institutes, environmental safety agencies, agricultural research institutes, food and beverage laboratories, and chemical analysis agencies.

Government funding is an important fulcrum for the development of experimental analytical instruments in India. Indian government agencies and research laboratories will continue to be important customers for analytical instrument companies. Agricultural research institutions and commercial research institutions are also important customers of analytical instruments, and their demand will also help to promote the instrument market to grow year by year.

Analysts from Frost & Sullivan stated that there has been an increase in the number of commercial research institutes, especially medical research institutions, in India. These institutions not only provide services to Indian domestic customers, they also have signed a considerable number of research contracts with foreign clients. Analysts believe that technological progress and the support of India’s high-end software industry will push this area forward.

However, industry sources stated that the Indian government has not done enough in related industry policies. The Indian government should continue to introduce some encouraging policies to promote the development of this high-value sector.

Custom instrumentation technologies and automation technologies that meet the needs of end customers will be the key to the field of test and analysis instruments.

Analysts said that large companies in India should establish a sound system of production and technology research to produce excellent test instruments and create jobs for the society, instead of simply importing them from abroad. Universities and end users must communicate closely to bridge the gap between scientific research theory and the actual needs of the instrument market.

Hugo.com understands that in India, the demand for various types of test equipment is growing. The development of the pharmaceutical, petrochemical, chemical, paper and pulp, and food industries has also become a major growth driver for the instrument market. The main instrument suppliers in this field are: Shimadzu, GE Analytical Instruments, METTLER TOLEDO, Thermo Fisher Scientific and Xylem.

Hugo.com also learned that with the increase of impurities and pollutants in the water, the market for water quality analysis instruments is growing at a very rapid rate. Water quality analysis instruments mainly include: pH meter, conductivity meter, turbidimeter, dissolved oxygen meter, total organic carbon analyzer, total phosphorus total nitrogen tester, etc. In 2012, pH meters dominated the water quality analysis instrument market in India. However, in the next five years, the TOC analyzer will gradually become the most important water quality analysis instrument on the market.