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The Process Analyzer Market is Projected to Grow from USD 6.8 Billion in 2020 to USD 8.1 Billion by 2025 at a CAGR of 3.5%
The growth of the process analyzer market is driven by rising demand for water and wastewater treatment, increase use of process analyzer in drug safety, and fiscal policy measures by regional financial institutions to boost the process analyzer market during the COVID-19 crisis.
COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of industries may have a considerable direct impact on the process analyzer market.