ID: MRFR/HC/6893-HCR | February 2021 | Region: Global | 111 pages
Laboratory Equipment Market is expected to hold a value of USD 58,960 Million by 2025 at a CAGR of 7.3%.
Laboratory Equipment Market Synopsis
There has been a high level of technological improvement in laboratory equipment in the past few years, which is fueling the laboratory equipment market growth. Also, as laboratory equipment is used rigorously for testing and research purposes, companies are investing in this market.
Laboratory Equipment Market Influencer
The increasing initiatives by public and private companies boost laboratory equipment market growth. The growing number of clearances and product launches by key players in the market are likely to act as a promising factor for the growth in the near future.
Laboratory Equipment Market Drivers
Laboratory Equipment Market Segmentation
By Product Type
Laboratory Equipment Market Key Players
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product Type, Application, End User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Agilent Technologies, Inc. (US), BD (US), Beckman Coulter, Inc. (US), Bio-Rad Laboratories, Inc. (US), Bruker (US), Eppendorf AG (Germany), Hoffmann LA-Roche AG (Switzerland), PerkinElmer Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), Waters (US)|
|Key Market Opportunities||The growing number of clearances and product launches by key players|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
A List of laboratory equipment and Their Uses- Incubators, centrifuges, spectrometers, scopes, sonicators, autoclaves, and others. Laboratory equipment are the tools used by lab technicians or scientists to work in a laboratory. These instruments and devices aid in various tasks such as preparation of cell culture mediums for research, analysis of the biological samples of patients, studying tissues for diagnosis of various diseases, and others.
On the basis of application, the laboratory equipment market is segmented into into biochemistry, endocrinology, microbiology, hematology, genetic testing, and others.
The laboratory equipment market is projected to reach a valuation of USD 58,960 MN by 2025.
The laboratory equipment market is projected to grow at approximately 7.3% CAGR during forecast period (2019-2025).
Increasing research activities in pharmaceutical and biotechnology industries. Growing technological advancements. Rising need for accurate diagnosis. Upsurging support by public and private companies. Increasing mergers and acquisitions by prominent players in the market. Growing funding by government organizations
North America holds the largest share in the global laboratory equipment market followed by Europe and Asia Pacific, respectively.
BD (US), Agilent Technologies, Inc. (US), Beckman Coulter, Inc. (US), Bruker (US), Bio-Rad Laboratories, Inc. (US), Eppendorf AG (Germany), PerkinElmer Inc. (US), F. Hoffmann LA-Roche AG (Switzerland), Shimadzu Corporation (Japan), Waters (US), and Thermo Fisher Scientific Inc. (US), are some of the major players operating in the laboratory equipment market.
This table of content is tentative and subject to change as the research progresses.
Please Note: Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.