Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laboratory Syringe Pump (LSP) Market by Type (Single Channel, Dual Channel, Four Channels, Ten Channels, Other), By Application (School, Scientific Research Institution) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laboratory Syringe Pump (LSP) Market by Type (Single Channel, Dual Channel, Four Channels, Ten Channels, Other), By Application (School, Scientific Research Institution) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 250962 4200 Machinery & Equipment 377 135 Pages 4.7 (33)
                                          

Market Overview:


The global laboratory syringe pump 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 single-channel, dual-channel, four-channel and ten-channel laboratory syringe pumps from research institutions and schools across the globe. Additionally, rising investments by key players in R&D activities are also propelling the growth of this market. However, factors such as high cost of these pumps and lack of awareness about their benefits are restraining its growth to some extent. Based on type, the global laboratory syringe pump market is segmented into single channel, dual channel, four channels and ten channels segments. Among these segments, single channel segment is expected to account for a major share in terms of revenue during the forecast period owing to its low cost as compared to other types of laboratory syringe pumps available in the market.


Global Laboratory Syringe Pump (LSP) Industry Outlook


Product Definition:


A laboratory syringe pump is a medical device used to inject liquids or gases into or withdraw them from a patient's body. It is commonly used in research and clinical settings.


Single Channel:


Single channel is a pump that delivers fluid only in one direction. It is also known as single-channel pump or single-channelled pump. Single channel syringe pumps are used for dispensing liquids and for transferring fluids from one container to another with the help of suction and discharge valves. These pumps are widely used in laboratories, especially for dispensing liquid reagents such as solvents, water, oils, acids & bases etc.


Dual Channel:


Dual channel is a technology used in laboratory syringe pump (LSSP) to increase the injection speed and reduce the injection force. The LSSP market has witnessed significant growth over the past few years owing to its increasing demand in research laboratories, especially for injectable drug delivery. Increasing R&D activities by pharmaceutical companies coupled with rising government funding for medical research are expected to drive dual channel technology market during next seven years.


Application Insights:


The school application segment dominated the global laboratory syringe pump (LSP) market in 2017. This can be attributed to factors such as increasing government funding for schools, rising pupil population and favorable reimbursement policies that have resulted in an increased need for LSPs at schools. In addition, a rise in student health issues and the introduction of new products are also contributing to the growth of this segment. For instance, in January 2018 Merck KGaA launched a vaccine administration set including one-way safety valves with auto-injectors for use by healthcare providers during vaccination procedures with children age 6 months to 12 years.


The scientific research institution application segment is expected register significant growth over the forecast period owing to factors such as growing R&D activities at institutions and hospitals coupled with an increase in number of researchers across various industries globally which has led to an increased demand for advanced equipment such as LSPs among these institutions/hospitals.


Regional Analysis:


North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high investment in R&D and availability of advanced products. The Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing government initiatives for use of laboratory automation equipment and rising awareness about blood donation among population. Moreover, growing medical tourism industry will drive demand for LSP pumps in this region.


The Latin American market is also expected to grow at a significant rate due its developing economy with increasing disposable income coupled with rising healthcare expenditure per capita as compared to other regions’ countries such as China & India & Brazil etc., which has led it being called “Medical Technology Valley” in Medell©n (Colombia).


Growth Factors:


  • Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Laboratory syringe pumps are an important part of minimally invasive surgical procedures as they help in delivering precise doses of fluids or medications to the target area.
  • Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, and heart disease is on the rise due to changing lifestyles and aging populations. These diseases are often treated with drugs or other therapies that require accurate dosing which can be achieved with the help of laboratory syringe pumps.
  • Technological advancements: Laboratory syringe pumps continue to evolve with new features being added regularly in order to meet the needs of different users such as hospitals, clinics, research institutes etcetera . Some recent advancements include wireless connectivity between devices and cloud-based data management systems that allow users to track pump performance remotely . This helps ensure timely maintenance and troubleshooting if any issues arise .

Scope Of The Report

Report Attributes

Report Details

Report Title

Laboratory Syringe Pump (LSP) Market Research Report

By Type

Single Channel, Dual Channel, Four Channels, Ten Channels, Other

By Application

School, Scientific Research Institution

By Companies

Microfluidic Chipshop, Advanced Microfluidics, Longer Precision Pump, KD Scientific Inc, World Precision Instruments Inc, Chemyx Inc, MRC Ltd, Holmarc Opto-Mechatronics Pvt Ltd, LAMBDA Laboratory Instruments, Search ResultsWeb result with site linksLead Fluid Technology

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

135

Number of Tables & Figures

95

Customization Available

Yes, the report can be customized as per your need.


Global Laboratory Syringe Pump (LSP) Market Report Segments:

The global Laboratory Syringe Pump (LSP) market is segmented on the basis of:

Types

Single Channel, Dual Channel, Four Channels, Ten Channels, Other

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

School, Scientific Research Institution

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:

  1. Microfluidic Chipshop
  2. Advanced Microfluidics
  3. Longer Precision Pump
  4. KD Scientific Inc
  5. World Precision Instruments Inc
  6. Chemyx Inc
  7. MRC Ltd
  8. Holmarc Opto-Mechatronics Pvt Ltd
  9. LAMBDA Laboratory Instruments
  10. Search ResultsWeb result with site linksLead Fluid Technology

Global Laboratory Syringe Pump (LSP) Market Overview


Highlights of The Laboratory Syringe Pump (LSP) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Single Channel
    2. Dual Channel
    3. Four Channels
    4. Ten Channels
    5. Other
  1. By Application:

    1. School
    2. Scientific Research Institution
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Laboratory Syringe Pump (LSP) 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

Global Laboratory Syringe Pump (LSP) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A laboratory syringe pump is a device used to inject liquids or gases into small containers.

Some of the major players in the laboratory syringe pump (lsp) market are Microfluidic Chipshop, Advanced Microfluidics, Longer Precision Pump, KD Scientific Inc, World Precision Instruments Inc, Chemyx Inc, MRC Ltd, Holmarc Opto-Mechatronics Pvt Ltd, LAMBDA Laboratory Instruments, Search ResultsWeb result with site linksLead Fluid Technology.

The laboratory syringe pump (lsp) market is expected to grow at a compound annual growth rate of 6.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size & Forecast, 2018-2028       4.5.1 Laboratory Syringe Pump (LSP) Market Size and Y-o-Y Growth       4.5.2 Laboratory Syringe Pump (LSP) Market Absolute $ Opportunity

Chapter 5 Global Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      5.2.1 Single Channel
      5.2.2 Dual Channel
      5.2.3 Four Channels
      5.2.4 Ten Channels
      5.2.5 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Applications
      6.2.1 School
      6.2.2 Scientific Research Institution
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) 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 Syringe Pump (LSP) Analysis and Forecast
   9.1 Introduction
   9.2 North America Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      9.6.1 Single Channel
      9.6.2 Dual Channel
      9.6.3 Four Channels
      9.6.4 Ten Channels
      9.6.5 Other
   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 Syringe Pump (LSP) Market Size Forecast by Applications
      9.10.1 School
      9.10.2 Scientific Research Institution
   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 Syringe Pump (LSP) Analysis and Forecast
   10.1 Introduction
   10.2 Europe Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      10.6.1 Single Channel
      10.6.2 Dual Channel
      10.6.3 Four Channels
      10.6.4 Ten Channels
      10.6.5 Other
   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 Syringe Pump (LSP) Market Size Forecast by Applications
      10.10.1 School
      10.10.2 Scientific Research Institution
   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 Syringe Pump (LSP) Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      11.6.1 Single Channel
      11.6.2 Dual Channel
      11.6.3 Four Channels
      11.6.4 Ten Channels
      11.6.5 Other
   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 Syringe Pump (LSP) Market Size Forecast by Applications
      11.10.1 School
      11.10.2 Scientific Research Institution
   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 Syringe Pump (LSP) Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      12.6.1 Single Channel
      12.6.2 Dual Channel
      12.6.3 Four Channels
      12.6.4 Ten Channels
      12.6.5 Other
   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 Syringe Pump (LSP) Market Size Forecast by Applications
      12.10.1 School
      12.10.2 Scientific Research Institution
   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 Syringe Pump (LSP) Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Laboratory Syringe Pump (LSP) 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 Syringe Pump (LSP) Market Size Forecast by Type
      13.6.1 Single Channel
      13.6.2 Dual Channel
      13.6.3 Four Channels
      13.6.4 Ten Channels
      13.6.5 Other
   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 Syringe Pump (LSP) Market Size Forecast by Applications
      13.10.1 School
      13.10.2 Scientific Research Institution
   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 Syringe Pump (LSP) Market: Competitive Dashboard
   14.2 Global Laboratory Syringe Pump (LSP) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Microfluidic Chipshop
      14.3.2 Advanced Microfluidics
      14.3.3 Longer Precision Pump
      14.3.4 KD Scientific Inc
      14.3.5 World Precision Instruments Inc
      14.3.6 Chemyx Inc
      14.3.7 MRC Ltd
      14.3.8 Holmarc Opto-Mechatronics Pvt Ltd
      14.3.9 LAMBDA Laboratory Instruments
      14.3.10 Search ResultsWeb result with site linksLead Fluid Technology

Our Trusted Clients

Contact Us