Market Overview:
The global laboratory cart market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laboratory carts in medical and healthcare and pharmaceutical applications. Additionally, the growing trend of using automated laboratory systems is also contributing to the growth of the market. However, factors such as high cost of automated laboratory systems may restrain the growth of this market during the forecast period. On basis on type, storage laboratory carts are expected to dominatethe global Laboratory Cart Market with a shareof more than 50%. These carts are used for storing various typesof equipment and supplies used in laboratories.
Product Definition:
A laboratory cart is a mobile workbench that is used to store and transport laboratory equipment, supplies, or chemicals. Laboratory carts are often equipped with casters so that they can be easily moved around the lab. They may also have shelves, drawers, or compartments to store items. The importance of laboratory carts is that they provide a convenient way to move supplies and equipment around the lab, which can save time and improve workflow.
Storage Laboratory Cart:
The global storage laboratory cart market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Regular Laboratory Cart:
The regular laboratory cart is a mobile workstation used in laboratories for the storage and transportation of samples, chemicals, reagents and other equipment. It is also used to deliver products such as test tubes, beakers, Petri dishes among others to various stations in a lab. The market for regular laboratory carts has been witnessing significant growth over the past few years owing to its increasing use by research professionals across various fields including life science & healthcare industries.
Application Insights:
The medical and healthcare application segment accounted for the largest share of revenue in 2017. The growth is attributed to the increasing number of hospitals, diagnostic centers, and laboratories across the globe. According to WHO, it has been estimated that by 2019 there will be approximately 74 million laboratory jobs worldwide. This is expected to boost product demand over the forecast period.
The pharmaceutical application segment is anticipated to witness significant growth over the forecast period owing to an increase in R&D activities related lab equipment and chemicals required for research work in this sector globally as well as locally. In addition, growing government initiatives towards improving healthcare infrastructure are likely to propel industry expansion further still; this can be seen from countries such as India who have made substantial investments into building new hospitals & clinics along with modernizing its existing facilities & infrastructure at a much faster rate than before which eventually will lead towards increased product demand globally within few years time frame yet again (if not sooner).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of industry players, high research activities, and government funding for life science-related projects. Moreover, increasing R&D activities on cancer and infectious diseases are expected to drive demand for laboratory equipment in this region over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure by governments as well as private organizations coupled with growing awareness about advanced technologies among end users such as hospitals & clinics and laboratories. In addition, increasing investments by companies for expansion in this region are likely to boost revenue generation over the next eight years time frame. For instance, Thermo Fisher Scientific Inc.
Growth Factors:
- Increasing demand for laboratory carts from the healthcare sector as they help in efficient and effective management of laboratory equipments and supplies.
- Growing number of research and development activities, which is leading to an increase in the demand for laboratory carts for storage and transportation of lab equipment and supplies.
- Rising popularity of automated lab workflows, which is resulting in an increased demand for mobile lab carts that can be easily moved around the facility.
- Proliferation of contract research organizations (CROs) is also expected to boost the growth of the global Laboratory Cart market during the forecast period 2017-2025
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Cart Market Research Report
By Type
Storage Laboratory Cart, Regular Laboratory Cart, Other Laboratory Cart
By Application
Medical and Healthcare, Pharmaceutical
By Companies
Cole-Parmer, Labconco, Luxor, Sovella, TrippNT, A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Cole-Parmer, CeilBlue, Durcon, Esco, Eagle Group, Erlab, Geerpres, Hamilton Scientific, Intermetro Industries, Kewaunee Scientific, LOC Scientific, Labconco, Thermo Fisher Scientific
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Cart Market Report Segments:
The global Laboratory Cart market is segmented on the basis of:
Types
Storage Laboratory Cart, Regular Laboratory Cart, Other Laboratory Cart
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
Medical and Healthcare, Pharmaceutical
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:
- Cole-Parmer
- Labconco
- Luxor
- Sovella
- TrippNT
- A.T. Villa
- AirClean Systems
- Alkali Scientific
- Azbil Telstar
- Aztec Microflow
- Cole-Parmer
- CeilBlue
- Durcon
- Esco
- Eagle Group
- Erlab
- Geerpres
- Hamilton Scientific
- Intermetro Industries
- Kewaunee Scientific
- LOC Scientific
- Labconco
- Thermo Fisher Scientific
Highlights of The Laboratory Cart 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:
- Storage Laboratory Cart
- Regular Laboratory Cart
- Other Laboratory Cart
- By Application:
- Medical and Healthcare
- Pharmaceutical
- 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 Cart 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?
A laboratory cart is a mobile workbench that can be easily moved from one location to another. It is typically equipped with a variety of tools and equipment, making it ideal for use in laboratories.
Some of the major companies in the laboratory cart market are Cole-Parmer, Labconco, Luxor, Sovella, TrippNT, A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Cole-Parmer, CeilBlue, Durcon, Esco, Eagle Group, Erlab, Geerpres, Hamilton Scientific, Intermetro Industries, Kewaunee Scientific, LOC Scientific, Labconco, Thermo Fisher Scientific.
The laboratory cart market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Cart 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 Cart Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Cart 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 Cart 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 Cart Market Size & Forecast, 2018-2028
4.5.1 Laboratory Cart Market Size and Y-o-Y Growth
4.5.2 Laboratory Cart Market Absolute $ Opportunity
Chapter 5 Global Laboratory Cart 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 Cart Market Size Forecast by Type
5.2.1 Storage Laboratory Cart
5.2.2 Regular Laboratory Cart
5.2.3 Other Laboratory Cart
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Cart 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 Cart Market Size Forecast by Applications
6.2.1 Medical and Healthcare
6.2.2 Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Cart 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 Cart 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 Cart Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Cart 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 Cart Market Size Forecast by Type
9.6.1 Storage Laboratory Cart
9.6.2 Regular Laboratory Cart
9.6.3 Other Laboratory Cart
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 Cart Market Size Forecast by Applications
9.10.1 Medical and Healthcare
9.10.2 Pharmaceutical
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 Cart Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Cart 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 Cart Market Size Forecast by Type
10.6.1 Storage Laboratory Cart
10.6.2 Regular Laboratory Cart
10.6.3 Other Laboratory Cart
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 Cart Market Size Forecast by Applications
10.10.1 Medical and Healthcare
10.10.2 Pharmaceutical
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 Cart Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Cart 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 Cart Market Size Forecast by Type
11.6.1 Storage Laboratory Cart
11.6.2 Regular Laboratory Cart
11.6.3 Other Laboratory Cart
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 Cart Market Size Forecast by Applications
11.10.1 Medical and Healthcare
11.10.2 Pharmaceutical
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 Cart Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Cart 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 Cart Market Size Forecast by Type
12.6.1 Storage Laboratory Cart
12.6.2 Regular Laboratory Cart
12.6.3 Other Laboratory Cart
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 Cart Market Size Forecast by Applications
12.10.1 Medical and Healthcare
12.10.2 Pharmaceutical
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 Cart Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Cart 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 Cart Market Size Forecast by Type
13.6.1 Storage Laboratory Cart
13.6.2 Regular Laboratory Cart
13.6.3 Other Laboratory Cart
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 Cart Market Size Forecast by Applications
13.10.1 Medical and Healthcare
13.10.2 Pharmaceutical
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 Cart Market: Competitive Dashboard
14.2 Global Laboratory Cart Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cole-Parmer
14.3.2 Labconco
14.3.3 Luxor
14.3.4 Sovella
14.3.5 TrippNT
14.3.6 A.T. Villa
14.3.7 AirClean Systems
14.3.8 Alkali Scientific
14.3.9 Azbil Telstar
14.3.10 Aztec Microflow
14.3.11 Cole-Parmer
14.3.12 CeilBlue
14.3.13 Durcon
14.3.14 Esco
14.3.15 Eagle Group
14.3.16 Erlab
14.3.17 Geerpres
14.3.18 Hamilton Scientific
14.3.19 Intermetro Industries
14.3.20 Kewaunee Scientific
14.3.21 LOC Scientific
14.3.22 Labconco
14.3.23 Thermo Fisher Scientific
