Part 2: Pricing, Scarcity Will Impact Future Water Business
By Mike Henley
Water. Estimates vary as to the size of the market, but a consensus among presenters at the 2007 WATER EXECUTIVE Forum was that worldwide sales are between $400 billion to $300 billion. Ironically, even though that seems like an impressive number for a resource that is key to human health and national economies, it is but a fraction of what is spent on healthcare in the United States. Hospitals, clinics, doctors, and nursing homes alone have annual revenues of $900 billion, according to one source, and that amount does not include pharmaceuticals and equipment. The water business was one of several topics addressed by speakers at the 2007 conference that was conducted here April 17 and 18. Other topics addressed by executives included water resources, business strategies, and trends. The remainder of this article will highlight presentations at the conference. This is part 2 of a series. Part 1 appeared in the October 2007 issue of ULTRAPURE WATER.
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