Market Overview:
The global laboratory instruments market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for analytical and general laboratory instruments from research centers, universities, and other end-users. North America is expected to lead the global laboratory instruments market in terms of revenue during the forecast period.
Product Definition:
Laboratory Instruments are used in laboratories to perform various scientific experiments. They include tools such as beakers, flasks, pipettes and test tubes. Laboratory Instruments are important for performing scientific experiments because they allow scientists to measure and observe the results of their experiments accurately.
General:
The global General, it's usage and growth factor in laboratory instruments market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for automation across laboratories coupled with rising R&D expenditure by manufacturers is anticipated to drive the industry growth over the forecast period.
Analytical:
An analytical instrument is a tool that is used to measure, detect or analyze chemical compounds, elements or minerals. It may also be used for measuring the strength of acids and bases in biological fluids such as urine and blood. Analytical instruments are widely used by healthcare professionals for testing various medical conditions such as cholesterol levels in the blood using gas chromatography and to test drugs and alcohol content in breath or saliva samples using Breathalyzers and Saliva analyzers respectively.
Application Insights:
The market is segmented into two applications, namely, research center and other. The research centers application segment dominated the overall market in terms of revenue share in 2017. This high share is attributable to a large number of R&D activities being carried out at various institutions globally. Instruments used for testing and analyzing samples are also central to most R&D projects undertaken by major players across the globe.
The other application segment includes hospitals, clinics and medical laboratories. Increasing demand for laboratory tests across these facilities has been driving growth over recent years owing to rising awareness about disease prevention through regular health checkups among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of key players and increased funding for research activities. In addition, growing R&D spending by major companies is also expected to contribute towards regional growth over the forecast period. Asia Pacific is expected to grow at a lucrative CAGR during the forecast period owing to increasing government investments in various emerging economies including China and India, which are among prominent consumers of laboratory instruments across this region. Moreover, rising awareness about advanced technologies among end-users will drive demand further. Furthermore, economic development coupled with rapid urbanization has resulted in an increase in healthcare expenditure; thereby driving demand across this region as well as others aforementioned throughout the world (euphemistically known as developed regions).
Moreover, Latin America has witnessed significant growth since 2014 due to an increase in public & private investment relatedto R&D activities within countries such as Brazil.
Growth Factors:
- Increasing demand for laboratory instruments from the biotechnology and pharmaceutical industries to support research and development activities.
- Growing demand for advanced analytical instruments that can provide faster, more accurate, and reliable results.
- Proliferation of nanotechnology and its increasing application in laboratories is expected to drive the growth of the market for laboratory instruments over the next few years.
- Rising number of academic institutions and research centers is also projected to fuel the demand for laboratory instruments in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Instruments Market Research Report
By Type
General, Analytical
By Application
University, Research Center, Other
By Companies
Bellco Glass Inc., Brand GmbH, Thermo Fisher Scientific Inc., Vitlab GmbH, Biocision, Borosil Glass Works, Chemglass, Citotest Labware Manufacturing, Cole Parmer, Coorstek, Corning, Duran Group, Eppendorf, Gerresheimer, Gilson
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Instruments Market Report Segments:
The global Laboratory Instruments market is segmented on the basis of:
Types
General, Analytical
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
University, Research Center, Other
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:
- Bellco Glass Inc.
- Brand GmbH
- Thermo Fisher Scientific Inc.
- Vitlab GmbH
- Biocision
- Borosil Glass Works
- Chemglass
- Citotest Labware Manufacturing
- Cole Parmer
- Coorstek
- Corning
- Duran Group
- Eppendorf
- Gerresheimer
- Gilson
Highlights of The Laboratory 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:
- General
- Analytical
- By Application:
- University
- Research Center
- Other
- 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 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
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- Consumer Insights
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- Product & Brand Management
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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 instruments are devices used in laboratories to perform scientific experiments. They can include a variety of tools, such as microscopes, spectroscopes, and thermometers.
Some of the major companies in the laboratory instruments market are Bellco Glass Inc., Brand GmbH, Thermo Fisher Scientific Inc., Vitlab GmbH, Biocision, Borosil Glass Works, Chemglass, Citotest Labware Manufacturing, Cole Parmer, Coorstek, Corning, Duran Group, Eppendorf, Gerresheimer, Gilson.
The laboratory 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 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 Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory 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 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 Instruments Market Size & Forecast, 2018-2028
4.5.1 Laboratory Instruments Market Size and Y-o-Y Growth
4.5.2 Laboratory Instruments Market Absolute $ Opportunity
Chapter 5 Global Laboratory 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 Instruments Market Size Forecast by Type
5.2.1 General
5.2.2 Analytical
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory 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 Instruments Market Size Forecast by Applications
6.2.1 University
6.2.2 Research Center
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory 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 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 Instruments Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory 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 Instruments Market Size Forecast by Type
9.6.1 General
9.6.2 Analytical
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 Instruments Market Size Forecast by Applications
9.10.1 University
9.10.2 Research Center
9.10.3 Other
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 Instruments Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory 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 Instruments Market Size Forecast by Type
10.6.1 General
10.6.2 Analytical
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 Instruments Market Size Forecast by Applications
10.10.1 University
10.10.2 Research Center
10.10.3 Other
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 Instruments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory 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 Instruments Market Size Forecast by Type
11.6.1 General
11.6.2 Analytical
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 Instruments Market Size Forecast by Applications
11.10.1 University
11.10.2 Research Center
11.10.3 Other
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 Instruments Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory 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 Instruments Market Size Forecast by Type
12.6.1 General
12.6.2 Analytical
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 Instruments Market Size Forecast by Applications
12.10.1 University
12.10.2 Research Center
12.10.3 Other
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 Instruments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory 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 Instruments Market Size Forecast by Type
13.6.1 General
13.6.2 Analytical
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 Instruments Market Size Forecast by Applications
13.10.1 University
13.10.2 Research Center
13.10.3 Other
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 Instruments Market: Competitive Dashboard
14.2 Global Laboratory Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bellco Glass Inc.
14.3.2 Brand GmbH
14.3.3 Thermo Fisher Scientific Inc.
14.3.4 Vitlab GmbH
14.3.5 Biocision
14.3.6 Borosil Glass Works
14.3.7 Chemglass
14.3.8 Citotest Labware Manufacturing
14.3.9 Cole Parmer
14.3.10 Coorstek
14.3.11 Corning
14.3.12 Duran Group
14.3.13 Eppendorf
14.3.14 Gerresheimer
14.3.15 Gilson
