Market Overview:
The global laboratory supplies 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 laboratory supplies from various end-use applications, such as biology laboratories, chemistry laboratories, and other applications. In addition, the growing focus on research and development activities is also propelling the demand for laboratory supplies globally. Based on type, the global laboratory supplies market can be segmented into tool type, instrument type, and equipment type. The tool type segment is projected to lead the global laboratory supplies market during the forecast period owing to its wide usage in various end-use applications.
Product Definition:
A laboratory supply is a piece of equipment or material used in a laboratory. Laboratory supplies are important for performing experiments and tests. They include items such as test tubes, beakers, pipettes, and Petri dishes.
Tool:
The global tool market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to factors such as growing demand for laboratory automation, increasing government funding for research and development activities, rising R&D expenses by various industries and technological advancements in the field of tools.
Instrument:
Instrument is a tool or device used in scientific research and other industrial applications. It helps to collect, record, analyze and communicate information. In the laboratory it is used for various purposes such as testing materials, observing chemical reactions or measuring physical properties of liquids & gases among others. Some common instruments are beakers, pipettes (pipetting devices), Bunsen burners (heating equipment), pH meters (for measurement of acid/base concentration) among others.
Application Insights:
The chemistry lab segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth of this segment can be attributed to an increase in demand for advanced laboratory equipment, such as balances, spectrometers and microscopes. In addition, a rise in R&D activities pertaining to new chemical compounds is expected to boost product demand.
The biology laboratory segment is also likely to witness significant growth during the forecast period owing to an increase in research activities relatedto novel drugs & vaccines development and genetic engineering techniques. Moreover, a rise in stem cell research has increased the need for reagents & solutions that are used during procedures like transfection or transduction of cells among others which will further fuel market growth over the next eight years.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing government funding for basic research and higher adoption of laboratory equipment in academic as well as industrial laboratories. Moreover, presence of a large number of biotechnology companies has led to an increase in R&D activities across this region, which is expected to drive the demand for laboratory supplies over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by various public and private entities aimed at boosting R&D activities across emerging economies such as China and India. In addition, growing medical tourism industry supported by favorable healthcare policies implemented by governments are expected boost demand for clinical testing services leading to increased spending on laboratory supplies over the projected period.
Growth Factors:
- Increasing demand for laboratory supplies from the biotechnology and pharmaceutical industries to support research and development activities.
- Growing number of academic and research institutions that require laboratory supplies for teaching and research purposes.
- Proliferation of new diagnostic tests that require specialized laboratory supplies for their performance.
- Rising incidence of chronic diseases, which is driving the demand for diagnostic tests, thereby leading to an increase in demand for laboratory supplies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Supplies Market Research Report
By Type
Tool, Instrument, Equipment
By Application
Biology Laboratory, Chemistry Lab, Other
By Companies
Shimadzu Corporation, Danaher Corporation, PerkinElmer, Waters
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Supplies Market Report Segments:
The global Laboratory Supplies market is segmented on the basis of:
Types
Tool, Instrument, Equipment
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
Biology Laboratory, Chemistry Lab, 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:
- Shimadzu Corporation
- Danaher Corporation
- PerkinElmer
- Waters
Highlights of The Laboratory Supplies 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:
- Tool
- Instrument
- Equipment
- By Application:
- Biology Laboratory
- Chemistry Lab
- 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 Supplies 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
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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 supplies are items that are used in laboratories. These supplies can include items such as glassware, chemicals, and equipment.
Some of the major companies in the laboratory supplies market are Shimadzu Corporation, Danaher Corporation, PerkinElmer, Waters.
The laboratory supplies 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 Supplies 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 Supplies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Supplies 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 Supplies 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 Supplies Market Size & Forecast, 2018-2028
4.5.1 Laboratory Supplies Market Size and Y-o-Y Growth
4.5.2 Laboratory Supplies Market Absolute $ Opportunity
Chapter 5 Global Laboratory Supplies 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 Supplies Market Size Forecast by Type
5.2.1 Tool
5.2.2 Instrument
5.2.3 Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Supplies 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 Supplies Market Size Forecast by Applications
6.2.1 Biology Laboratory
6.2.2 Chemistry Lab
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Supplies 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 Supplies 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 Supplies Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Supplies 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 Supplies Market Size Forecast by Type
9.6.1 Tool
9.6.2 Instrument
9.6.3 Equipment
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 Supplies Market Size Forecast by Applications
9.10.1 Biology Laboratory
9.10.2 Chemistry Lab
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 Supplies Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Supplies 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 Supplies Market Size Forecast by Type
10.6.1 Tool
10.6.2 Instrument
10.6.3 Equipment
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 Supplies Market Size Forecast by Applications
10.10.1 Biology Laboratory
10.10.2 Chemistry Lab
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 Supplies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Supplies 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 Supplies Market Size Forecast by Type
11.6.1 Tool
11.6.2 Instrument
11.6.3 Equipment
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 Supplies Market Size Forecast by Applications
11.10.1 Biology Laboratory
11.10.2 Chemistry Lab
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 Supplies Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Supplies 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 Supplies Market Size Forecast by Type
12.6.1 Tool
12.6.2 Instrument
12.6.3 Equipment
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 Supplies Market Size Forecast by Applications
12.10.1 Biology Laboratory
12.10.2 Chemistry Lab
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 Supplies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Supplies 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 Supplies Market Size Forecast by Type
13.6.1 Tool
13.6.2 Instrument
13.6.3 Equipment
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 Supplies Market Size Forecast by Applications
13.10.1 Biology Laboratory
13.10.2 Chemistry Lab
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 Supplies Market: Competitive Dashboard
14.2 Global Laboratory Supplies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shimadzu Corporation
14.3.2 Danaher Corporation
14.3.3 PerkinElmer
14.3.4 Waters
