Global Refractometers Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Handheld Refractometer, Abbe Refractometer, Digital Refractometer, Inline Process Refractometer), By Form (Portable, Benchtop), By Industry Vertical (Pharmaceutical, Agriculture, Food And Beverage, Oil And Gas), And By Geography - Forecasts From 2022 To 2027
- Published : Aug 2022
- Report Code : KSI061610437
- Pages : 86
The global Refractometers market was valued at US$14.568 million in 2020.
Refractometers measure how bending occurs as light passes across different media while traveling. This test determines the salinity or sugar content of a sample, blood protein, sweet taste of beverages, and hydrocarbon content of the motor fuels contained in a sample. Over the forecast period, technological advancements are stimulating a rapid shift towards automatic measures for analyzing refractometry. In order to check the composition and concentration of sugar in food and beverages, the growing food and beverage industry, especially in emerging economies, is further boosting the growth of the global refractometer market. People with diabetes make up 10.5% of the U.S. population, or 34.2 million people. The number of people with diabetes was estimated at 26,8 million, or 10.2%. In 2018, approximately 7.3 million people still had not been diagnosed with diabetes. According to estimates, diabetes directly killed 1.5 million people in 2019. The result is that consumers are becoming more aware of nutritional information for food and beverage products, which will force manufacturers to develop efficient measures for analyzing this information over the coming years, increasing the demand for refractometers.
Growth Factors
- Increasing prevalence of digital refractometers
Using a digital refractometer, researchers can determine the concentration of gel, liquid, or solid samples based on their refractive index. In order to measure the angle of refracted light with photodiode detectors, more concentrated samples refract the light at a greater angle against a prism and are illuminated against a prism. Various substances, from the concentration of sugar in grape juice to the purity of solvents, can be measured using digital refractometers. They are widely employed in food, chemical, pharmaceutical production, and quality-control applications. The reading of samples can be done manually, semi-automatically, or automatically with digital refractometers. Digital refractometers offer quick and convenient unit selection and easily export results compared to analog ones. New OPTi® Digital Handheld Refractometers were launched by Bellingham + Stanley and Xylem Analytics. It features a newly refreshed digital handheld refractometer with additional features than ever. In addition to three selectable scales in one device, the device comes with a library of 50 common refractometer scales. Furthermore, the Abbe refractometer from PCE Instruments stands apart by its high accuracy (four decimal places), which stands out among the hand-held refractometers the company offered previously.
For instance, Nidek has announced the launch of the ARK-F/AR-F Keratometer and Auto Refractometer. The ARK-F/AR-F features fully-automatic measurement.
Restraint:
- Complex usage
However, a few factors limit the benefits of refractometers. Having a refractive index below the prism makes it hard to analyze materials. A handheld refractometer must be brought close to the eyes to read a potentially hazardous material.
COVID-19 Insight:
Lifestyle change has affected everyone in every corner of the world due to the coronavirus pandemic. Several changes have occurred in the market as a result. Almost two million people became infected by coronavirus in 2020. Compared to medical procedures, diagnoses, personal protective equipment, and critical healthcare supplies gained unprecedented demand on the one hand, while their market share declined to a great extent. Moreover, the supply-demand crisis worsened an already dire situation. Thus, the COVID-19 epidemic had severe implications for the market for refractometers.
Global Refractometers Market Scope:
Report Metric | Details |
Market size value in 2020 | US$14.568 million |
Growth Rate | CAGR of during the forecast period |
Base year | 2020 |
Forecast period | 2022–2027 |
Forecast Unit (Value) | USD Million |
Segments covered | Type, Form, Industry Vertical, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Topcon Medical System, Inc., Nidek Co.Ltd., Hill-Rom Services, Inc., A.KRÜSS Optronic GmbH, Schmidt+Haensch GmbH & Co., Xylem Analytics, Rudolph Research Analytical, Hanna Instruments, Inc., AMTEK |
Customization scope | Free report customization with purchase |
Market Segmentation:
- By Type
- Handheld Refractometer
- Abbe Refractometer
- Digital Refractometer
- Inline Process Refractometer
- By Form
- Portable
- Benchtop
- By Industry Vertical
- Pharmaceutical
- Agriculture
- Food and Beverage
- Oil and Gas
- By Geography
- Americas
- Europe Middle East and Africa
- Asia Pacific
Frequently Asked Questions (FAQs)
Q1. What is the size of the global refractometers market?
A1. The refractometers market was valued at US$14.568 million in 2020.
Q2. Who are the major players in the refractometers market?
A2. Prominent key market players in the refractometers market include Topcon Medical System, Inc., Nidek Co.Ltd., Hill-Rom Services, Inc., A.KRÜSS Optronic GmbH, Schmidt+Haensch GmbH & Co., and Xylem Analytics, among others.
Q3. How is the global refractometers market segmented?
A3. The global refractometers market has been segmented by type, form, industry vertical, and geography.
Q4. What factors are anticipated to drive the refractometers market growth?
A4. Consumers are becoming more aware of nutritional information for food and beverage products, which will force manufacturers to develop efficient measures for analyzing this information over the coming years, increasing the demand for refractometers.
Q5. What is the base year considered in the refractometers market report?
A5. 2020 has been taken as the base year in the refractometers market.
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Function
4.4. Function Value Chain Analysis
5. GLOBAL REFRACTOMETER MARKET BY TYPE
5.1. Handheld Refractometer
5.2. Abbe Refractometer
5.3. Digital Refractometer
5.4. Inline Process Refractometer
6. GLOBAL REFRACTOMETER MARKET BY FORM
6.1. Portable
6.2. Benchtop
7. GLOBAL REFRACTOMETER MARKET BY INDUSTRY VERTICAL
7.1. Pharmaceutical
7.2. Agriculture
7.3. Food and Beverage
7.4. Oil and Gas
8. GLOBAL REFRACTOMETER MARKET BY GEOGRAPHY
8.1. Introduction
8.2. Americas
8.3. Europe Middle East and Africa
8.4. Asia Pacific
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Topcon Medical System, Inc.
10.2. Nidek Co.Ltd.
10.3. Hill-Rom Services, Inc.
10.4. A.KRÜSS Optronic GmbH
10.5. Schmidt+Haensch GmbH & Co.
10.6. Xylem Analytics
10.7. Rudolph Research Analytical
10.8. Hanna Instruments, Inc.
10.9. AMTEK
Topcon Medical System, Inc.
Nidek Co.Ltd.
Hill-Rom Services, Inc.
A.KRÜSS Optronic GmbH
Schmidt+Haensch GmbH & Co.
Xylem Analytics
Rudolph Research Analytical
AMTEK
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