RESIDENTIAL WATER TREATMENT DEVICES MARKET ANALYSIS

Regional Analysis

Residential water treatment devices Market Outlook:

• Although the water treatment devices market in Europe is experiencing a slow growth, it is expected to gain sufficient traction towards the end of the forecast period. Currently, Germany, U.K., and France are the major contributors to the growth of the Residential water treatment According to World Health Organization (WHO), in 2015, out of 912 million people living in the WHO European region, more than 60 million people were devoid of proper water sanitation facilities and an additional 14 million people could not use the basic source of drinking water. Diseases such as diarrhea, hepatitis A, and legionellosis the common diseases that are associated with inadequate water treatment. Increasing consumer exposure to various types of water treatment devices and increasing awareness about waterborne diseases is expected to propel the growth of Residential water treatment market in near future.
• North America is the largest region in residential water treatment devices market. The U.S has the largest water treatment device market followed by Canada. The U.S has reported several cases of gastrointestinal illness every year. Diseases such as cryptosporidiosis, giardiasis, and otitis results in approximately 40,000 hospital cases annually, thereby resulting in expenses amounting to billions.
• Asia Pacific is the fastest growing region in residential water treatment devices market. Microbial contamination and chemicals such as arsenic, fluoride, and nitriles are commonly found in this region. Increasing awareness about the different type of diseases caused by contaminated water, followed by increasing consumer awareness about the same through campaigns, and initiatives taken up by the regulating bodies are expected to fuel the growth of residential water treatment market in near future. China and India are the heavily populated economies in Asia Pacific, therefore the proper implementation of water treatment devices is expected to boost the growth of the residential water treatment devices market in Asia Pacific. China’s 13^th five-year plan has strict targets regarding the quality of drinking water, which is a major driver for the growth of residential treatment device market.