Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laboratory Balances and Scales Market by Type (Mechanical, Digital), By Application (Chemical, Biotechnology, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laboratory Balances and Scales Market by Type (Mechanical, Digital), By Application (Chemical, Biotechnology, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139010 3300 Machinery & Equipment 377 238 Pages 4.9 (37)
                                          

Market Overview:


The global laboratory balances and scales market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laboratory balances and scales in various applications such as chemical, biotechnology, and others. Additionally, the growing demand for digital laboratory balances is also contributing to the growth of this market. However, factors such as high cost of digital laboratory balances may restrain the growth of this market during the forecast period. On the basis of type, mechanical lab balance held a major share in 2017 and is expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to their low cost as compared with other types of lab balances available in the market.


Global Laboratory Balances and Scales Industry Outlook


Product Definition:


A laboratory balance is a scientific instrument used to measure the mass or weight of an object. Laboratory balances are typically used in chemistry and physics laboratories to accurately measure the mass of small objects. A scale is a similar instrument that measures weight rather than mass. The importance of laboratory balances and scales lies in their ability to provide precise measurements for scientific experiments.


Mechanical:


The mechanical is a system which measures weight and other physical properties. It's major application includes laboratory balances and scales, where it's used to measure small masses or very high accuracy up to 1g with second weighing options. Mechanical balance consists of two armatures connected by a beam which can be used for static or dynamic weighing applications. The most commonly known digital mechanical scale is the bathroom scales, due to its easy accessibility and portability from anywhere in the house.


Digital:


The digital and it’s usage in laboratory balances and scales market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for lab balance & scale instruments across various end-use industries such as food & beverage, pharmaceutical, chemical, environmental testing laboratories among others. Moreover, growing technological advancements coupled with rising awareness regarding advanced lab balance & scale instruments also contributes towards the development of this market significantly.


Application Insights:


The others application segment includes food, agriculture and medical. The demand for laboratory balances and scales in the food industry is anticipated to witness growth at a CAGR of XX% from 2018 to 2030 owing to an increase in the number of fast-food restaurants across the globe. This has led to an increased demand for weighing equipment, which will benefit market growth over the next eight years.


In addition, there has been a rise in consumer awareness regarding health issues associated with under-eating or over-eating due to lack of knowledge about portion control leading to higher consumption of healthy eating habits that will also drive product demand over the forecast period. Furthermore, laboratory balance scales are used extensively by farmers and agricultural scientists as they provide accurate results while measuring small quantities of chemicals or fertilizers etc., which is expected fuel product demand further during this period.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in R&D and technological advancements by various companies operating within the region. Moreover, high adoption of laboratory equipment and favorable reimbursement policies are also contributing towards growth within this region.


Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for technologically advanced products coupled with constantly improving healthcare infrastructure in emerging countries such as China, India, Singapore, Thailand & Japan (CSTJ). Furthermore, economic development along with increased government spending on healthcare has led to an increase in demand for lab equipment across this region which will further boost industry expansion over next eight years  time frame.


Europe held a significant share of global revenue due to growing interest among individuals & professionals regarding usage of these balances & scales for chemical analysis pertaining weight loss programs.


Growth Factors:


  • Increasing demand for laboratory balances and scales in pharmaceutical and biotechnology industries for R&D purposes.
  • Growing demand from academic research institutes for laboratory balances and scales to carry out precision experiments.
  • Rising popularity of microbalances and analytical balances among researchers for their high accuracy levels.
  • Proliferation of contract research organizations (CROs) that require sophisticated laboratory equipment, including balances and scales, for drug development services provisioning

Scope Of The Report

Report Attributes

Report Details

Report Title

Laboratory Balances and Scales Market Research Report

By Type

Mechanical, Digital

By Application

Chemical, Biotechnology, Others

By Companies

Intelligent-Count, A&D, Adam Equipment Inc., Mettler, Sartorius, Ohaus, Radwag, METTLER, DENVER

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

238

Number of Tables & Figures

167

Customization Available

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


Global Laboratory Balances and Scales Market Report Segments:

The global Laboratory Balances and Scales market is segmented on the basis of:

Types

Mechanical, Digital

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

Chemical, Biotechnology, Others

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. Intelligent-Count
  2. A&D
  3. Adam Equipment Inc.
  4. Mettler
  5. Sartorius
  6. Ohaus
  7. Radwag
  8. METTLER
  9. DENVER

Global Laboratory Balances and Scales Market Overview


Highlights of The Laboratory Balances and Scales 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. Mechanical
    2. Digital
  1. By Application:

    1. Chemical
    2. Biotechnology
    3. Others
  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 Balances and Scales 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 Balances and Scales 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?


Laboratory balances and scales are devices used in laboratories to measure weight, volume, or other physical quantities.

Some of the major companies in the laboratory balances and scales market are Intelligent-Count, A&D, Adam Equipment Inc., Mettler, Sartorius, Ohaus, Radwag, METTLER, DENVER.

The laboratory balances and scales market is expected to register a CAGR of 5.8%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Laboratory Balances and Scales Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Laboratory Balances and Scales Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Laboratory Balances and Scales Market - Supply Chain
   4.5. Global Laboratory Balances and Scales Market Forecast
      4.5.1. Laboratory Balances and Scales Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Laboratory Balances and Scales Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Laboratory Balances and Scales Market Absolute $ Opportunity

5. Global Laboratory Balances and Scales Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Laboratory Balances and Scales Market Size and Volume Forecast by Type
      5.3.1. Mechanical
      5.3.2. Digital
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Laboratory Balances and Scales Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Laboratory Balances and Scales Market Size and Volume Forecast by Application
      6.3.1. Chemical
      6.3.2. Biotechnology
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Laboratory Balances and Scales Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Laboratory Balances and Scales Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Laboratory Balances and Scales Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Laboratory Balances and Scales Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Laboratory Balances and Scales Demand Share Forecast, 2019-2029

9. North America Laboratory Balances and Scales Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Laboratory Balances and Scales Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Laboratory Balances and Scales Market Size and Volume Forecast by Application
      9.4.1. Chemical
      9.4.2. Biotechnology
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Laboratory Balances and Scales Market Size and Volume Forecast by Type
      9.7.1. Mechanical
      9.7.2. Digital
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Laboratory Balances and Scales Demand Share Forecast, 2019-2029

10. Latin America Laboratory Balances and Scales Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Laboratory Balances and Scales Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Laboratory Balances and Scales Market Size and Volume Forecast by Application
      10.4.1. Chemical
      10.4.2. Biotechnology
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Laboratory Balances and Scales Market Size and Volume Forecast by Type
      10.7.1. Mechanical
      10.7.2. Digital
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Laboratory Balances and Scales Demand Share Forecast, 2019-2029

11. Europe Laboratory Balances and Scales Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Laboratory Balances and Scales Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Laboratory Balances and Scales Market Size and Volume Forecast by Application
      11.4.1. Chemical
      11.4.2. Biotechnology
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Laboratory Balances and Scales Market Size and Volume Forecast by Type
      11.7.1. Mechanical
      11.7.2. Digital
   11.8. Basis Point Share(BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Laboratory Balances and Scales Demand Share, 2019-2029

12. Asia Pacific Laboratory Balances and Scales Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Laboratory Balances and Scales Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Laboratory Balances and Scales Market Size and Volume Forecast by Application
      12.4.1. Chemical
      12.4.2. Biotechnology
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Laboratory Balances and Scales Market Size and Volume Forecast by Type
      12.7.1. Mechanical
      12.7.2. Digital
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Laboratory Balances and Scales Demand Share, 2019-2029

13. Middle East & Africa Laboratory Balances and Scales Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Laboratory Balances and Scales Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Laboratory Balances and Scales Market Size and Volume Forecast by Application
      13.4.1. Chemical
      13.4.2. Biotechnology
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Laboratory Balances and Scales Market Size and Volume Forecast by Type
      13.7.1. Mechanical
      13.7.2. Digital
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Laboratory Balances and Scales Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Laboratory Balances and Scales Market: Market Share Analysis
   14.2. Laboratory Balances and Scales Distributors and Customers
   14.3. Laboratory Balances and Scales Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Intelligent-Count
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. A&D
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Adam Equipment Inc.
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Mettler
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Sartorius
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Ohaus
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Radwag
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. METTLER
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. DENVER
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us