The Osmolarity Testing Device Market is slated to grow on a stupendous note in the future. In the ongoing situation, virtual monitoring tools coupled with telehealth consultations could help in getting patients treatments at home instead of hospitals. There are pre-programmed mobile devices, pulse oximeters, blood pressure monitors, and various other devices that help the healthcare personnel in keeping up with basic information. This trend is bound to keep the healthcare vertical continuously on its toes in the years to come as well.
Osmolarity measurement is considered as an important tool in diagnostic applications. Osmolarity testing of tears is nowadays considered as the gold standard test for the diagnosis of dry eye syndrome, whereas osmolality of blood and urine determines the salt-to-water balance and the renal function of body.
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These two parameters provide information about several clinical disorders such as electrolyte disturbances, exogenous intoxication and hydration status, owing to the fact that these solute concentrations controls the body fluid movement between intravascular and interstitial spaces of body tissues.
Osmolarity and osmolality testing are used to investigate low sodium levels in the blood (hyponatremia), increased or decreased urine production, alcohol poisoning due to ingestion of toxins and to help determine the cause of chronic diarrhea.
Osmolarity testing devices available in the market are based on techniques such as freezing point depression, vapour pressure and electrical impedance. Each technology has its merits and demerits, varying from time consumed, complexity and results. The freezing point depression method is the oldest method of diagnosis, in which the sample is supercooled to its freezing point.
In addition to this, increasing awareness, rising healthcare expenditure, growing geriatric population, and improvement in pathological services are also expected to contribute to the growth of the osmolarity testing devices market. Lack of skilled professionals in under-developed and developing countries and the presence of limited market players imit the growth of the osmolarity testing devices market.
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Osmolarity Testing Device Market: Segmentation
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Newer osmolarity testing devices are being developed to increase simplicity, convenience and accuracy for the routine diagnosis as well as to reduce the sample volume and time taken. There is an opportunity for market players to develop low cost and economical devices while improving laboratory efficiency and throughput.
There is also a growing trend in point of care devices for clinical diagnosis using the electrical impedance technique to measure osmolarity.
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North America is expected to be followed by Europe in terms of market share, owing to the region’s higher healthcare spending as well as developed healthcare infrastructure.
Asia-Pacific is anticipated to register a significant growth rate over the forecast period, due to the increasing awareness regarding diseases and the rising adoption of advanced healthcare equipment by end users. Latin America, followed by MEA, represents the least growth rate due to the low adoption of these devices in the region.
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