Market Overview:
The global laboratory analytical instruments market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laboratory analytical instruments from government institutions, research organizations, semiconductors, electronics and nanotechnology, hospitals and medical centers, chemicals, mining and metals sectors across the globe. Additionally, factors such as technological advancements in laboratory analytical instruments and rising awareness about the benefits of using these instruments are also contributing to the growth of this market. On the basis of type, elemental analysis held a major share of the global laboratory analytical instruments market in 2017. This segment is projected to grow at a CAGR of 6.8% during the forecast period from 2018 to 2030 due to its growing demand from various end-use industries such as semiconductors & electronics; hospitals & medical centers; chemicals; mining & metals etc.
Product Definition:
Laboratory Analytical Instruments are devices used to measure the chemical, physical and biological characteristics of a sample. These instruments are important for accurately characterizing samples and ensuring the quality of products.
Element Analysis:
The global element analysis, it's usage and growth factor in laboratory analytical instruments market size was valued at USD 1.8 billion in 2016. It is expected to witness a CAGR of XX% during the forecast period.
Separation Analysis:
The global market for laboratory analytical instruments is expected to witness significant growth over the forecast period. Analytical separation is a process used for analyzing one substance or a mixture in different phases or forms. Separation analysis involves breaking down solid, liquid, gas, or liquid-liquid phase separation and analyzing each component separately so as to determine the chemical composition of substances present in mixtures.
Application Insights:
The government institutions application segment accounted for the largest revenue share in 2016 and is anticipated to maintain its lead over the forecast period. The growing demand for advanced laboratory analytical instruments by various government institutions to support research activities is expected to drive growth.
Government laboratories or institutes undertaking R&D activities require a large number of lab analysis tools, which help them analyze samples with utmost precision and accuracy. This has led to an increased demand for LAI, thus fueling growth of this segment.
The research organizations segment was valued at USD 446 million in 2016 owing to rising investments by various organizations in R&D activities relatedto new drug discovery and development along with other projects such as environmental testing, food safety testing, water quality testing etcetera.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of research organizations, government institutions, and semiconductor companies in this region. Moreover, North America is home to several pharmaceutical and biotechnology firms engaged in drug discovery activities using analytical techniques such as chromatography and mass spectrometry. Thus, these factors are expected to continue driving regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing demand for laboratory analysis instruments from emerging economies such as China and India due to rising healthcare expenditure by governments coupled with growing investments by private industries for drug discovery activities across these countries. Furthermore, economic development coupled with technological advancements has led major pharmaceutical manufacturers including Merck KGaA; Pfizer Inc.; Novartis AG; Sanofi; GlaxoSmithKline plc.
Growth Factors:
- Increasing demand for quality food and beverages: The global population is growing at a rapid pace and with it the demand for high-quality food and beverages. This is driving the growth of the laboratory analytical instruments market as these instruments are essential for ensuring the quality of food and beverages.
- Rising awareness about food safety: Consumers are becoming increasingly aware about the importance of food safety, which is driving them to opt for products that have been tested by laboratories using analytical instruments. This is boosting the growth of the laboratory analytical instruments market.
- Growing demand from emerging economies: The laboratory analytical instruments market is witnessing strong growth in emerging economies such as China, India, Brazil, and Mexico due to rising income levels and increasing awareness about health & hygiene among consumers in these countries.
- Technological advancements: Laboratory analytical instrument manufacturers are constantly innovating their products in order to meet the growing demands of consumers worldwide. This is helping to boostthegrowthofthelaboratoryanalyticalinstrumentsmarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Analytical Instruments Market Research Report
By Type
Element Analysis, Separation Analysis, Molecular Analysis
By Application
Government Institutions, Research Organizations, Semiconductors, Electronics and Nanotechnology, Hospitals and Medical Centers, Chemicals, Mining and Metals
By Companies
Agilent Technologies, Bruker, PerkinElmer, Danaher, Thermo Fisher Scientific, ABB, AB Sciex, Alpha Omega, Ametek, AMS Technologies, Agilent Technologies, Bio-Rad Laboratories, CBS Scientific Company, Cole-Parmer Instrument Company, Evans Analytical, Foss, Hitachi High-Technologies, Harvard Bioscience, Helena Laboratories
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Analytical Instruments Market Report Segments:
The global Laboratory Analytical Instruments market is segmented on the basis of:
Types
Element Analysis, Separation Analysis, Molecular Analysis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government Institutions, Research Organizations, Semiconductors, Electronics and Nanotechnology, Hospitals and Medical Centers, Chemicals, Mining and Metals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Agilent Technologies
- Bruker
- PerkinElmer
- Danaher
- Thermo Fisher Scientific
- ABB
- AB Sciex
- Alpha Omega
- Ametek
- AMS Technologies
- Agilent Technologies
- Bio-Rad Laboratories
- CBS Scientific Company
- Cole-Parmer Instrument Company
- Evans Analytical
- Foss
- Hitachi High-Technologies
- Harvard Bioscience
- Helena Laboratories
Highlights of The Laboratory Analytical Instruments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Element Analysis
- Separation Analysis
- Molecular Analysis
- By Application:
- Government Institutions
- Research Organizations
- Semiconductors, Electronics and Nanotechnology
- Hospitals and Medical Centers
- Chemicals
- Mining and Metals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laboratory Analytical Instruments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laboratory Analytical Instruments are used in laboratories to perform chemical, physical, and biological analyses.
Some of the key players operating in the laboratory analytical instruments market are Agilent Technologies, Bruker, PerkinElmer, Danaher, Thermo Fisher Scientific, ABB, AB Sciex, Alpha Omega, Ametek, AMS Technologies, Agilent Technologies, Bio-Rad Laboratories, CBS Scientific Company, Cole-Parmer Instrument Company, Evans Analytical, Foss, Hitachi High-Technologies, Harvard Bioscience, Helena Laboratories.
The laboratory analytical instruments market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Analytical Instruments Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laboratory Analytical Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Analytical Instruments Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laboratory Analytical Instruments Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laboratory Analytical Instruments Market Size & Forecast, 2018-2028
4.5.1 Laboratory Analytical Instruments Market Size and Y-o-Y Growth
4.5.2 Laboratory Analytical Instruments Market Absolute $ Opportunity
Chapter 5 Global Laboratory Analytical Instruments Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laboratory Analytical Instruments Market Size Forecast by Type
5.2.1 Element Analysis
5.2.2 Separation Analysis
5.2.3 Molecular Analysis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Analytical Instruments Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laboratory Analytical Instruments Market Size Forecast by Applications
6.2.1 Government Institutions
6.2.2 Research Organizations
6.2.3 Semiconductors
6.2.4 Electronics and Nanotechnology
6.2.5 Hospitals and Medical Centers
6.2.6 Chemicals
6.2.7 Mining and Metals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Analytical Instruments Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laboratory Analytical Instruments Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laboratory Analytical Instruments Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Analytical Instruments Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laboratory Analytical Instruments Market Size Forecast by Type
9.6.1 Element Analysis
9.6.2 Separation Analysis
9.6.3 Molecular Analysis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laboratory Analytical Instruments Market Size Forecast by Applications
9.10.1 Government Institutions
9.10.2 Research Organizations
9.10.3 Semiconductors
9.10.4 Electronics and Nanotechnology
9.10.5 Hospitals and Medical Centers
9.10.6 Chemicals
9.10.7 Mining and Metals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laboratory Analytical Instruments Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Analytical Instruments Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laboratory Analytical Instruments Market Size Forecast by Type
10.6.1 Element Analysis
10.6.2 Separation Analysis
10.6.3 Molecular Analysis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laboratory Analytical Instruments Market Size Forecast by Applications
10.10.1 Government Institutions
10.10.2 Research Organizations
10.10.3 Semiconductors
10.10.4 Electronics and Nanotechnology
10.10.5 Hospitals and Medical Centers
10.10.6 Chemicals
10.10.7 Mining and Metals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laboratory Analytical Instruments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Analytical Instruments Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laboratory Analytical Instruments Market Size Forecast by Type
11.6.1 Element Analysis
11.6.2 Separation Analysis
11.6.3 Molecular Analysis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laboratory Analytical Instruments Market Size Forecast by Applications
11.10.1 Government Institutions
11.10.2 Research Organizations
11.10.3 Semiconductors
11.10.4 Electronics and Nanotechnology
11.10.5 Hospitals and Medical Centers
11.10.6 Chemicals
11.10.7 Mining and Metals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laboratory Analytical Instruments Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Analytical Instruments Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laboratory Analytical Instruments Market Size Forecast by Type
12.6.1 Element Analysis
12.6.2 Separation Analysis
12.6.3 Molecular Analysis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laboratory Analytical Instruments Market Size Forecast by Applications
12.10.1 Government Institutions
12.10.2 Research Organizations
12.10.3 Semiconductors
12.10.4 Electronics and Nanotechnology
12.10.5 Hospitals and Medical Centers
12.10.6 Chemicals
12.10.7 Mining and Metals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laboratory Analytical Instruments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Analytical Instruments Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laboratory Analytical Instruments Market Size Forecast by Type
13.6.1 Element Analysis
13.6.2 Separation Analysis
13.6.3 Molecular Analysis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laboratory Analytical Instruments Market Size Forecast by Applications
13.10.1 Government Institutions
13.10.2 Research Organizations
13.10.3 Semiconductors
13.10.4 Electronics and Nanotechnology
13.10.5 Hospitals and Medical Centers
13.10.6 Chemicals
13.10.7 Mining and Metals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laboratory Analytical Instruments Market: Competitive Dashboard
14.2 Global Laboratory Analytical Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent Technologies
14.3.2 Bruker
14.3.3 PerkinElmer
14.3.4 Danaher
14.3.5 Thermo Fisher Scientific
14.3.6 ABB
14.3.7 AB Sciex
14.3.8 Alpha Omega
14.3.9 Ametek
14.3.10 AMS Technologies
14.3.11 Agilent Technologies
14.3.12 Bio-Rad Laboratories
14.3.13 CBS Scientific Company
14.3.14 Cole-Parmer Instrument Company
14.3.15 Evans Analytical
14.3.16 Foss
14.3.17 Hitachi High-Technologies
14.3.18 Harvard Bioscience
14.3.19 Helena Laboratories
