Capilix, Intellitect, and Dynamax are some of the “dominant” startups poised to revolutionize the $1.5 billion global water quality analytics market, according to a report by Lux Research.
“Advances in analytics techniques, driven over the last two decades by research in the pharmaceutical industry, have begun to find their way into water analytics,” said Brent Giles, Lux Research Senior Analyst and the lead author of the report titled, “Dropwise: Leveraging the Revolutionary Value of Next-Generation Water Quality Analytics.”
“Microfluidics has begun to drive down reagent volumes and has opened up new techniques to practical online analysis, and the increasing affordability of biological molecules is creating handheld instruments with sensitivities that would have been science fiction a few years ago,” he added.
Lux Research positioned water analytics technology developers on the Lux Innovation Grid based on their Technical Value and Business Execution – companies that are strong on both axes reach the “Dominant” quadrant. They also assessed each company’s maturity, and provided an overall Lux Take. Among their findings:
The report, titled “Dropwise: Leveraging the Revolutionary Value of Next-Generation Water Quality Analytics,” is part of the Lux Research Water Intelligence service.
About Lux Research
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
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