Global Particle Counters Market: Market growth can be attributed to the robust growth in applied markets, the favorable regulatory scenario, and growing focus on the quality of food products.

The particle counters market is projected to reach USD 637.2 million by 2027 from USD 346 million in 2020, at a CAGR of 9.1 %. Market growth can be attributed to the robust growth in applied markets, the favorable regulatory scenario, and growing focus on the quality of food products.

In addition, emerging economies (such as Brazil, Russia, India, South Korea, and China) are expected to offer lucrative growth opportunities for market players. However, the high cost and technical limitations of particle counters are adversely impacting the growth of this market..The particle counter is used to detect and count physical particles. The oil and gas industry, along with healthcare and pharmaceutical segment, is expected to witness significant growth during the forecast period. Growing usage of portable particle counters in the oil and gas sectors in the Middle East and Africa region favours the market growth. Portable and handheld particle counters are further increasingly gaining traction and are expected to hold a remarkable market share in the forecast period. The particle counter market is anticipated to grow in the forecast period owing to driving factors such as increasing research and development expenses in pharmaceuticals coupled with growing clean room usage in various industries. Moreover, government regulations favouring effective monitoring, and control of air pollution is further expected to augment the market growth. However, technical limitations of the instrument remain a challenge for the particle counter market. On the other hand, the market offers lucrative growth opportunities on account of the growing manufacturing sector in developing countries during the forecast period.

The growing pharmaceutical industry will support the growth of the particle counter market during the forecast period. Rising research & development in the pharmaceutical and biotechnology industry to cater to rising needs for treatments of various chronic diseases is driving the growth of the particle counter market. For instance, according to a recent survey, the pharmaceutical and biotechnology industry in the US spent a total of USD 102 billion on research & development in 2015. Additionally, according to the National Institute for Health Research, the Association of the British Pharmaceutical Industry (ABPI) invested over USD 4.46 billion just in the UK on R&D, looking for breakthroughs for conditions such as cancer, dementia, and rare genetic diseases.

Stringent government regulations regarding the quality of air in the pharmaceutical and medical device industry will support the growth of the market. Rising product launches and product advancements by major market players are also expected to drive the market. The high cost of particle counters and technical limitations of particle counters is hampering the growth of the global particle counter market.

Prominent players in the particle counters market are Particle Measuring Systems (US), Beckman Coulter (US), RION Co., Ltd. (Japan), Lighthouse Worldwide Solutions (US), TSI (US), Climet Instruments Company (US), Met One Instruments, Inc. (US), Particle Plus (US), Setra Systems (US), PAMAS (Germany), Chemtrac (US), Hal Technology (US), Konamax (US), Veltek Associates (US), PCE Instruments (UK), GrayWolf Sensing Solutions (US), Extech Instruments (US), Palas GmbH (Germany), HYDAC International (Australia), and Fluke Corporation (US).

North America dominated the market in 2018. However, the market in the APAC region is expected to grow at the highest CAGR during the forecast period. This can be attributed to the tremendous growth in the pharmaceutical, food & beverage testing, and medical device industries; increasing R&D funding; growing number of CROs; favourable government initiatives to promote the pharmaceutical and biopharmaceutical industries; and growing concerns about environmental monitoring & food safety.