Strategic Process Analyzer Market Research Planning: Charting Your Path to Future Success
The global process analyzer market size was USD 8.37 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.8% during the forecast period. Increasing concerns for better quality of public health and government initiatives for maintaining environment-friendly solutions and rising use of process analyzers in drug safety are key factors driving market revenue growth. According to the United Nations (UN), countries with higher incomes treat, on an average, 70% of the wastewater they produce. In upper middle-income countries, this ratio falls to 38%, whereas in lower countries, it falls to 28%. Only 8% of wastewater generated in low-income countries gets any sort of treatment. Demand for process analyzers in the wastewater treatment process is rising due to increasing governments initiatives to improve public health and lifestyle. For instance, the U.S. Department of Energy (DOE) is collaborating with water resource recovery facilities under the Sustainable Wastewater I...