Market Overview:
The global life science equipment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the life science equipment market can be attributed to the increasing demand for advanced and innovative technologies in the pharmaceutical and biotechnology industries, rising prevalence of chronic diseases, and growing investments by governments and private players in life sciences research. Based on type, the global life science equipment market is segmented into spectroscopy, chromatography, flow cytometry, NGS (next-generation sequencing), PCR (polymerase chain reaction), microscopy, and other types. Spectroscopy held the largest share of the global life science equipment market in 2017 owing to its wide range of applications across various industries such as pharmaceuticals & biotechnology companies; food & beverage industry; hospitals & diagnostic centers; environmental testing laboratories; academic research institutes; forensic laboratories etc.
Product Definition:
Life science equipment is used to study the characteristics and behavior of living things. It includes tools such as microscopes, test tubes, and incubators. Life science equipment is important for scientists because it allows them to examine the inner workings of cells and organisms.
Spectroscopy:
A spectroscopic method is used to analyze the composition of an object. Spectroscopy in chemistry is a technique for studying chemical compounds, determining their properties and analyzing relationships between them. It involves dispersing the compound in a special solution and observing light waves that are emitted or absorbed by the substance. The pattern of these waves can give valuable information about the properties of compounds, allowing scientists to determine unknown substances’ characteristics without having to isolate it and examine it under a microscope.
Chromatography:
Chromatography is a technique used for the separation of molecules based on their size. It is mainly used in biotechnology and pharmaceutical industries for research purposes. Chromatography helps to analyze complex mixtures and determine the purity of compounds present in it, which cannot be analyzed by other conventional methods. This technology has gained immense popularity among researchers over the past few years, owing to its ability to provide highly accurate results with higher sensitivity & specificity than other techniques available in the market today.
Application Insights:
The pharma-biotech companies application segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to factors such as increasing government funding for R&D, growing number of FTEs in a research lab, and an increase in private investments by companies.
The food & beverage industry is expected to grow at a significant rate owing to factors such as rapid urbanization leading to an increase in the working population; rising disposable income; changing lifestyles including increased spending on restaurants and bars; rise of multinational corporations (MNCs) that manufacture products across various regions resulting into expansion of their operations which has led into development of new markets with high potential growth areas. This factor along with others will drive demand for GLSI over the forecast period.
Regional Analysis:
North America dominated the global life science equipment market in 2017. The presence of a large number of biotechnology companies and increased funding for R&D are some factors contributing to the growth of this regional market. In addition, North America has one of the highest per capita income levels which enables people to spend on luxury goods including healthcare products and services, thereby driving demand for NGS instruments in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing government spending on healthcare infrastructure coupled with rising disposable income levels among middle-class populations in countries such as China and India. These factors are anticipated to contribute toward regional growth during the forecast period from 2018 to 2030 (estimated). Moreover, Asia Pacific is home for many emerging economies such as China, Japan, Indonesia etc., which have been experiencing strong economic growth over past few years due largely high domestic demand along with low manufacturing cost compared with other developed nations around globe (i.
Growth Factors:
- Increasing demand for novel and innovative life science equipment
- Rising prevalence of chronic diseases and increasing R&D expenditure by pharmaceutical companies to develop new drugs
- Technological advancements in life science equipment
- Growing demand for personalized medicines
- Increasing number of biotechnology and pharmaceutical companies
Scope Of The Report
Report Attributes
Report Details
Report Title
Life Science Equipment Market Research Report
By Type
Spectroscopy, Chromatography, Flow Cytometry, NGS, PCR, Microscopy
By Application
Pharma-Biotech Companies, Food and Beverage Industry, Hospitals
By Companies
Agilent Technologies, Danaher, Perkinelmer, Shimadzu, Thermo Fisher Scientific, BD, Bio-Rad Laboratories, Bruker, Waters Corporation, Eppendorf AG, GE Healthcare, Hitachi High-Technologies, Merck KGaA, Qiagen, Horiba, Eppendorf
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Life Science Equipment Market Report Segments:
The global Life Science Equipment market is segmented on the basis of:
Types
Spectroscopy, Chromatography, Flow Cytometry, NGS, PCR, Microscopy
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
Pharma-Biotech Companies, Food and Beverage Industry, Hospitals
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
- Danaher
- Perkinelmer
- Shimadzu
- Thermo Fisher Scientific
- BD
- Bio-Rad Laboratories
- Bruker
- Waters Corporation
- Eppendorf AG
- GE Healthcare
- Hitachi High-Technologies
- Merck KGaA
- Qiagen
- Horiba
- Eppendorf
Highlights of The Life Science Equipment 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:
- Spectroscopy
- Chromatography
- Flow Cytometry
- NGS
- PCR
- Microscopy
- By Application:
- Pharma-Biotech Companies
- Food and Beverage Industry
- Hospitals
- 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 Life Science Equipment 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?
Life science equipment is any piece of scientific equipment used in the life sciences, such as microscopes, spectrometers, and DNA sequencers.
Some of the major players in the life science equipment market are Agilent Technologies, Danaher, Perkinelmer, Shimadzu, Thermo Fisher Scientific, BD, Bio-Rad Laboratories, Bruker, Waters Corporation, Eppendorf AG, GE Healthcare, Hitachi High-Technologies, Merck KGaA, Qiagen, Horiba, Eppendorf.
The life science equipment market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Life Science Equipment 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 Life Science Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Life Science Equipment 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 Life Science Equipment 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 Life Science Equipment Market Size & Forecast, 2018-2028
4.5.1 Life Science Equipment Market Size and Y-o-Y Growth
4.5.2 Life Science Equipment Market Absolute $ Opportunity
Chapter 5 Global Life Science Equipment 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 Life Science Equipment Market Size Forecast by Type
5.2.1 Spectroscopy
5.2.2 Chromatography
5.2.3 Flow Cytometry
5.2.4 NGS
5.2.5 PCR
5.2.6 Microscopy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Life Science Equipment 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 Life Science Equipment Market Size Forecast by Applications
6.2.1 Pharma-Biotech Companies
6.2.2 Food and Beverage Industry
6.2.3 Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Life Science Equipment 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 Life Science Equipment 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 Life Science Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Life Science Equipment 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 Life Science Equipment Market Size Forecast by Type
9.6.1 Spectroscopy
9.6.2 Chromatography
9.6.3 Flow Cytometry
9.6.4 NGS
9.6.5 PCR
9.6.6 Microscopy
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 Life Science Equipment Market Size Forecast by Applications
9.10.1 Pharma-Biotech Companies
9.10.2 Food and Beverage Industry
9.10.3 Hospitals
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 Life Science Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Life Science Equipment 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 Life Science Equipment Market Size Forecast by Type
10.6.1 Spectroscopy
10.6.2 Chromatography
10.6.3 Flow Cytometry
10.6.4 NGS
10.6.5 PCR
10.6.6 Microscopy
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 Life Science Equipment Market Size Forecast by Applications
10.10.1 Pharma-Biotech Companies
10.10.2 Food and Beverage Industry
10.10.3 Hospitals
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 Life Science Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Life Science Equipment 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 Life Science Equipment Market Size Forecast by Type
11.6.1 Spectroscopy
11.6.2 Chromatography
11.6.3 Flow Cytometry
11.6.4 NGS
11.6.5 PCR
11.6.6 Microscopy
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 Life Science Equipment Market Size Forecast by Applications
11.10.1 Pharma-Biotech Companies
11.10.2 Food and Beverage Industry
11.10.3 Hospitals
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 Life Science Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Life Science Equipment 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 Life Science Equipment Market Size Forecast by Type
12.6.1 Spectroscopy
12.6.2 Chromatography
12.6.3 Flow Cytometry
12.6.4 NGS
12.6.5 PCR
12.6.6 Microscopy
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 Life Science Equipment Market Size Forecast by Applications
12.10.1 Pharma-Biotech Companies
12.10.2 Food and Beverage Industry
12.10.3 Hospitals
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) Life Science Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Life Science Equipment 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) Life Science Equipment Market Size Forecast by Type
13.6.1 Spectroscopy
13.6.2 Chromatography
13.6.3 Flow Cytometry
13.6.4 NGS
13.6.5 PCR
13.6.6 Microscopy
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) Life Science Equipment Market Size Forecast by Applications
13.10.1 Pharma-Biotech Companies
13.10.2 Food and Beverage Industry
13.10.3 Hospitals
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 Life Science Equipment Market: Competitive Dashboard
14.2 Global Life Science Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent Technologies
14.3.2 Danaher
14.3.3 Perkinelmer
14.3.4 Shimadzu
14.3.5 Thermo Fisher Scientific
14.3.6 BD
14.3.7 Bio-Rad Laboratories
14.3.8 Bruker
14.3.9 Waters Corporation
14.3.10 Eppendorf AG
14.3.11 GE Healthcare
14.3.12 Hitachi High-Technologies
14.3.13 Merck KGaA
14.3.14 Qiagen
14.3.15 Horiba
14.3.16 Eppendorf
