Rheometer and Viscometer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Rheometer and Viscometer Market Analysis
The rheometer and viscometer market is expected to register a CAGR of 4% over the forecast period.
COVID-19 has influenced every element of society and it has impacted the healthcare and medical device industry, and so has affected the rheometer and viscometer devices market on a global scale. The government regulations and lockdown led to a substantial decline in overall non-emergency treatments, which in turn decreased the usage of viscometers and rheometers. Although cardiology departments offered emergency and outpatient treatments, the number of patient visits to hospitals declined dramatically in the initial month of COVID-19. An article titled, "The role of plasma viscosity testing in managing COVID-19 disease" published in May 2021 reported that plasma viscosity significantly got increased in COVID-19 patients and thus, viscosity become an important, inexpensive and accurate test to identify the individual is SARS-CoV-2 positive or not. Thus, sales of rheometer and viscometer devices dropped initially, but after a few months, the market witnessed significant growth.
The factors that are supposed to be driving this market are the expansion of petrochemical and material manufacturing industries, technological advancements in rheometers and viscometers, and the rising global burden of target diseases. Viscometers have important applications in real-time quality and process control for a wide range of industrial processes, e.g. in the food, chemical, pharmaceutical, and petrochemical industries. For instance, an article titled, "Using texture analyzer to characterize pecan and olive oil tactile properties, compare to viscometer analysis, and link to fatty acid profile and total polyphenols" published in February 2022, reported that viscometer is an important quality control instrument used in checking the viscosity of different food consumable oil, and thus an important factor to check the fatty acid profile of oils.
The rising global burden of target diseases is also driving this market. The engineering of blood viscometers for the diagnosis, prognosis, and prevention of cardiovascular and other diseases has been the subject of significant research interest. These micro-blood viscometers are advantageous because they use very small sample volumes for quick, routine clinical purposes. For instance, in May 2021 an article titled, "Microfluidic viscometers for biochemical and biomedical applications: A review' reported that diabetes can be monitored by comparing the deviation in the viscosity of the blood serum with the normal person and it was concluded that the change in the viscosity was not dependent on age, obesity, gender, or any other disease. The viscosity of the blood is an important parameter; measuring it has a wide scope in disease diagnostics. The increasing burden of global diseases is also fueling the growth of the market.
Also, the new product launches are constantly propelling the growth of the studied market. For instance, in December 2021, the PCE instrument launched a new Krebs-Stormer viscometer with a touchscreen, the PCE-REVI-8. The new viscosity meter allows quick testing of samples not only at the laboratory but also directly in production or storage rooms under suitable environmental conditions. It is new is a practical device for convenient measurements.
Thus, due to the above-mentioned factors, the market is expected to show significant growth over the forecast period. However, the high cost of the viscometer and rheometer may slow down its growth.
Rheometer and Viscometer Market Trends
This section covers the major market trends shaping the Rheometer Viscometer Market according to our research experts:
Viscometer is Expected to Witness a Significant Growth Over the Forecast Period.
Viscosity is an important rheological parameter that needs to be measured accurately in various industrial applications to improve the quality of the product. Viscometers have wide applications in different fields like biopharmaceuticals and protein therapeutics, lubricants/adhesives, healthcare, food industries, and cosmetics, etc. In the healthcare industry, they have an important application in diagnostics, they are used for analyzing blood plasma and other liquid samples. They are also used in point-of-care diagnosis, chemical, and food industries. It is used as an important quality control parameter in the pharmaceutical industry to check the viscosity of syrups and various other liquid formulations. The benefits associated with viscometers are the capability to analyze the sample in different temperatures, versatility in analyzing different samples, high accuracy, ease of handling with fast processing time, and the capability to perform shear-dependent analysis at various speeds.
Viscometers are used by manufacturing companies in the production of ketchup, tomato juice, jam, batters, gums, starches, syrups, chocolate, milk concentrates (condensed milk), mayonnaise, fruit pulps, dressings, margarine, molasses, honey, pumpable shortenings. An article titled 'Formulation and Evaluation of Herbal Syrup' published in June 2021 reported that formulation of these syrups at a laboratory scale is done and evaluated for several parameters such as pH, density, stability, and by measuring viscosity. Thus, viscometers are important components of quality assurance laboratories as they are used to obtain information about the flow behavior (rheology) of materials due to changes in processing conditions, formulation, aging (staling), etc. The new launches by the key market players are further fueling the growth of this segment. For instance, in January 2022, PAC LP, launched OptiMVD, a unique, compact, benchtop solution that measures viscosity and density very fast, without compromising precision and accuracy.
Also, the increasing use of viscometers in detecting blood samples of patients suffering from cardiovascular diseases and diabetes is propelling the growth of this market. For instance, an article titled, 'Comparing of Frequency Shift and Impedance Analysis Method Based on QCM Sensor for Measuring the Blood Viscosity' published in March 2022 reported that blood viscosity measurements are crucial for the diagnosis of cardiovascular and hematological diseases. The increased blood viscosity increases hematocrit and fibrinogen, which promotes ischemic heart disease, stroke, and microvascular angina thus measuring viscosity helps in the detection of various cardiovascular diseases.
Thus, due to aforesaid mentioned reasons, the segment is expected to show significant growth over the forecast period.
North America is Expected to Witness a Significant Growth Over the Forecast Period.
North America is expected to hold a significant market share in the global rheometer and viscometer market, due to a growing number of disease diagnostic procedures related to viscosity and rheology analysis, technological advancements, rising consumption of packaged food, and the presence of major players. The new product launches in the region are fueling the growth of the studied market. For instance, in August 2020, RheoSense, Inc. launched VROC initium one plus, the automatic viscometer that measures viscosity with the highest accuracy.
In February 2022, the United States Food and Drug Administration (USFDA) reported that there are about 48 million cases of foodborne illness annually in America and that is equivalent to sickening 1 in 6 Americans each year. The rising number of foodborne diseases increased the need for food safety and quality check, thus, driving the rheometer and viscometer market in this region. Furthermore, increasing healthcare expenditure and the presence of well-established healthcare infrastructure are fueling the growth of the overall regional market to a large extent.
Additionally, the expansion of various domains, such as construction, petrochemicals, and industrial oil and lubricants, are likely to boost demand growth during the projection period. Similarly in March 2020, TA Instruments launched a high-performance rheometer, the discovery hybrid rheometer HR 30. This new trio of high-performance rheometers is five times more sensitive than previous versions and offers versatility in a platform that makes it easier for users of all experience levels to obtain accurate rheological data.
Thus, due to the aforesaid mentioned reason the region is expected to show significant growth over the forecast period.
Rheometer and Viscometer Industry Overview
The rheometer and viscometer market is fragmented in nature due to the presence of fewer companies operating globally as well as regionally. The competitive landscape includes an analysis of a few international as well as local companies which hold the market shares and are well known as Anton Paar GmbH, Cannon Instrument Company, Spectris PLC, TA Instruments Inc., Thermo Fisher Scientific, Sysmex Corporation, Waters Corporation, GBC Scientific Equipment Pty Ltd, Petroleum Analyzer Company LP (PAC LP), Shimadzu Corporation, Hydramotion, and Bartec Group.
Rheometer and Viscometer Market Leaders
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Anton Paar GmbH
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Thermo Fisher Inc.
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U-CAN Dynatex Inc.
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Hydramotion
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Shimadzu Corporation
*Disclaimer: Major Players sorted in no particular order
Rheometer and Viscometer Market News
- In April 2022, Cambridge Viscosity launched the ViscoLab PVT+. The ViscoLab PVT+ is a critical instrument that helps operators to understand how liquids perform under extreme conditions and provide the right data in real-time, to support operational insight and decision-making.
- In March 2022, AMETEK Brookfield launched its new RSX Rheometer. The RSX is an advanced rheometer instrument with a touch screen for controlled shear rate (rpm) and controlled shear stress (torque) modes for sophisticated rheological analysis.
Rheometer and Viscometer Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Expansion of Petrochemical and Material Manufacturing Industries
4.2.2 Technological Advancements in Rheometers and Viscometers
4.2.3 Rising Global Burden of Target Diseases
4.3 Market Restraints
4.3.1 High Cost of Viscometer and Rheometer
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Product Type
5.1.1 Rheometers
5.1.1.1 Dynamic Rotational Rheometers
5.1.1.2 Torque Rotational Rheometers
5.1.1.3 Capillary Rheometers
5.1.1.4 Other Rheometers
5.1.2 Viscometers
5.1.2.1 Rotational Viscometers
5.1.2.2 Process Viscometers
5.1.2.3 Capillary Viscometers
5.1.2.4 Other Viscometers
5.2 By End-Users
5.2.1 Pharmaceutical, Cosmetics, and Biotechnology Companies
5.2.2 Food and Beverage Manufacturers
5.2.3 Other End-Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Anton Paar GmbH
6.1.2 Cannon Instrument Company
6.1.3 Spectris PLC
6.1.4 U-CAN Dynatex Inc.
6.1.5 TA Instruments Inc.
6.1.6 Thermo Fisher Scientific Inc.
6.1.7 Sysmex Corporation
6.1.8 Waters Corporation
6.1.9 GBC Scientific Equipment Pty Ltd
6.1.10 Petroleum Analyzer Company LP (PAC LP)
6.1.11 Shimadzu Corporation
6.1.12 Hydramotion
6.1.13 Bartec Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Rheometer and Viscometer Industry Segmentation
As per the scope of the report, a rheometer is a type of laboratory instrument, which can also work as a viscometer. A rheometer is used to measure how liquid suspension flows in response to an applied force, whereas a viscometer is an instrument used to measure the viscosity of fluid and flow properties of liquids under one condition. The Rheometer And Viscometer Market is segmented by Product Type (Rheometers (Dynamic Rotational Rheometers, Torque Rotational Rheometers, Capillary Rheometers, and Other Rheometers), Viscometers (Rotational Viscometers, Process Viscometers, Capillary Viscometers, and Other Viscometers)), End-Users (Pharmaceutical, Cosmetics, and Biotechnology Companies, Food and Beverage Manufacturers, and Other End-Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
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Rheometer and Viscometer Market Research FAQs
What is the current Global Rheometer and Viscometer Market size?
The Global Rheometer and Viscometer Market is projected to register a CAGR of 4% during the forecast period (2024-2029)
Who are the key players in Global Rheometer and Viscometer Market?
Anton Paar GmbH, Thermo Fisher Inc., U-CAN Dynatex Inc., Hydramotion and Shimadzu Corporation are the major companies operating in the Global Rheometer and Viscometer Market.
Which is the fastest growing region in Global Rheometer and Viscometer Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Rheometer and Viscometer Market?
In 2024, the North America accounts for the largest market share in Global Rheometer and Viscometer Market.
What years does this Global Rheometer and Viscometer Market cover?
The report covers the Global Rheometer and Viscometer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Rheometer and Viscometer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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