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Pharmacy benefit management market
Rotary Rheometer Market REPORT OVERVIEW
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The global rotary rheometer market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.
A rotary rheometer or rotational rheometer, is also called by another name shear rheometer. The main function of this device is to ascertain the movement of any slurry or a fluid. These rheometers can measure several other factors like shear strain, shear stress, thixotropy, and mainly viscosity.
Rotary rheometers are devices that can help in obtaining accurate values for viscosity of fluids. This can be identified as the new trend in the market.
These devices are increasingly being used in the healthcare sector. Some other industries where they are used include petrochemicals, food quality check, and material manufacturing. All of these factors have played an important role in increasing the rotary rheometer market growth.
COVID-19 impact: Decrease in Functioning of Laboratories During Pandemic Limited Market Growth
The pandemic of COVID-19 was unprecedented and became the biggest problem for manufacturers, retailers, and entrepreneurs. The spread of coronavirus created an obstacle for the functioning, of all the sectors. This deteriorated the demand for all products in the market.
Laboratories that were operating at full capacity had to temporarily stop their functions during COVID. Factors like disruption in the supply of logistics, unviability of required apparatus, and, materials had a negative effect on the market growth. Rotary rheometers are prominently used in laboratories to conduct various experiments. Reduced functionality of laboratories decreased the market share during the pandemic.
LATEST TRENDS
"Accurate Experiments Conducted on Fluids with Rotary Rheometers to Increase Market Growth"
Rotary rheometers are considered to be the most suitable devices to conduct experiments and researches on fluids. It helps in understanding how any fluid would flow when applied forces are exerted on it. The liquid could be a flurry or a suspension. Hence these devices are in high demand as laboratory apparatus.
Certain fluids cannot be cannot be valued or assigned a single value of viscosity. In such situation rheometers are of great help. They provide more parameters that can be measured. As rheometers can very efficiently measure the rheology of fluids they are sued in many laboratories. This is considered as the latest trend in the market.
Rotary Rheometer Market SEGMENTATION
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- By Type:
The market can be divided on the basis of type as follows:
Fully automatic, and, non-automatic. The fully automatic segment is expected to hold the dominant market share through 2031.
- By Application:
Classification based on application is as follows:
Food, pharmaceutical, chemical, and, other. The food segment is predicted to dominate the market through 2031.
DRIVING FACTORS
"Increasing Adoption of Rotary Rheometers in Healthcare Sector to Amplify Market Growth"
After the pandemic of COVID-19, healthcare industry has witnessed a significant growth. Rheometers are being increasingly used in the medical industry. These devices are specifically used in the cardiology department for the purpose of testing plasma viscosity in patients.
Even amidst the pandemic, testing the plasma viscosity of patients was very important. A medical report stated that the plasma viscosity in COVID-19 patients would be high compared to an uninfected person. This served as basis to identify if a person was affected by coronavirus. As rotary rheometers are very efficient in determining the viscosity of fluids, they are increasingly being used in the healthcare industry. All of these factors are propelling the rotary rheometer market share.
"Applications of Rheometers in Material Manufacturing and Pretochemical Industry to Accelerate Market Development "
Rheometers are highly versatile and exhibit wide range of applications in several fields. Some among them include material manufacturing and petrochemical sectors. The number of target diseases are gradually increasing with the changing lifestyle of people. This has increased the adoption rate of rotary rheometers.
This device is now venturing into some other industries as well and is not just limited to be used in laboratories. Another important use of this equipment is to perform quality control for many procedures and products. These products include items, pharmaceutical substances, and chemical materials. Many researches are being conducted to test whether rotary rheometers are suitable to be used for treating cardiovascular diseases. All of these factors are accelerating the market growth.
RESTRAINING FACTOR
"Complexities Involved in Using Rotary Rheometer to Bring Down Market Growth"
Even though rheometers are used for different applications they are highly complex to use. This can be a major disadvantage for the market. As this equipment is used for medical scientific purposes, it cannot be handled by a normal person without any knowledge.
Professional who are well equipped with the knowledge of using a rotary rheometer can only make use of this device efficiently. If it is not used by well-trained people the result obtained will not be accurate and this can affect the end result. Also, this equipment also performs only oscillatory shear measurement. All of these factors can hamper the market growth.
Rotary Rheometer Market Regional Insights
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"North America to Dominate Market Growth During Forecast Period"
Future study of the market has revealed that North America would be occupying the largest share in the rotary rheometer market. With sedentary lifestyle of people, the number of diseases has increased in the past few years. These equipments are very useful for conducting diagnostic procedures.
They also facilitate conducting experiments on viscosity and rheology of fluids. Investments are being done by key industry players to find improved versions of rheometers. Similarly, the number of food-borne diseases are increasing with contamination and adulteration. This has increased the need for quality check of food products. As a result, the need for rheometers in North America has increased.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position in the recent days. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market. Key market players have adopted unique strategies to flourish in the market.
List of Market Players Profiled
- Anton Paar (Austria)
- Thermo Scientific (U.S.)
- TA Instruments (India)
- RIGCHINA GROUP COMPANY (China)
- Lamy Rheology (France)
- AMETEK Brookfield (U.S.)
- Micromeritics Instrument Corporation (U.S.)
- NETZSCH-Gerätebau GmbH (Germany)
- A&D COMPANY (India)
- Cannon Instrument Company (U.S.)
- Qingdao Haitongyuanda Special Instrument Co.,Ltd (China)
Report Coverage
The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations
Frequently Asked Questions
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Which are the driving factors of the rotary rheometer market?
These devices are increasingly being used in the healthcare sector. Some other industries where they are used include petrochemicals, food quality check, and material manufacturing. All of these factors have played an important role in increasing the rotary rheometer market growth.
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Which is the leading region in the rotary rheometer market?
North America is the leading region in the rotary rheometer market.
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Which are the top companies operating in the rotary rheometer market?
Anton Paar, Thermo Scientific, TA Instruments, RIGCHINA GROUP COMPANY, Lamy Rheology, AMETEK Brookfield, are some of the top companies operating in the rotary rheometer market.