Life Science Instrumentation Market Driven by Growing Government Support to the Life Sciences Sector
According to Transparency Market Research, the global life science instrumentation market was valued at US$57.4 bn in 2017 and is likely to rise to US$85.1 bn by 2022, exhibiting a robust 8.2% CAGR therein.
Obtain Report Details @ https://www.transparencymarketresearch.com/life-science-instrumentation-market.html
Here are the key insights into the growth prospects of the life science instrumentation market:
The growing government support to the life sciences sector is the prime driver for the global life science instrumentation market. The rising support for scientific progress has seen the life sciences sector become a key beneficiary of government resources in developed countries, while a number of developing countries have also been vital in the development of the global life sciences sector in recent years. The increasing support provided to the healthcare industry by growth of the life sciences sector is likely to enable rapid progress of the life sciences sector in the coming years, thus aiding growth of the global life science instrumentation market.
The growing biotech sector is also vital for the global life science instrumentation market. Biotech companies are major end users of life science instrumentation due to the vital need for life science innovations in biotech development, and rising investment in the biotech sector is thus likely to aid the growth of the life science instrumentation market in the coming years.
Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16265
Spectrometry is likely to be the dominant technique in use in the global life science instrumentation market. Spectrometry is used in healthcare as well as food and beverage applications to detect the presence of contaminants and the growing demand from both industries is likely to enable steady growth in demand for spectrometry technology and devices in the coming years. Spectrometry accounted for 29.4% of the global life science instrumentation market in 2017, with a valuation of US$19.2 bn, and is likely to rise to a valuation of US$28.4 bn by 2022 at a CAGR of 8.2% therein. The absolute growth of the spectrometry segment is likely to be higher than any other technique segment of the global life science instrumentation market.
North America and Europe are likely to be the dominant regional contributors to the global life science instrumentation market in the coming years due to the strong government support to the life sciences sector in developed regions such as the U.S., Canada, and Western Europe. The North America and Europe markets for life science instrumentation are likely to rise to a valuation of US$28 bn and US$23.4 bn, respectively, by 2022.
Asia Pacific countries such as China are also likely to play a key role in development of the global life science instrumentation market in the coming years due to the rising realization of the utility of the life sciences sector in improving the indigenous healthcare sector and the high commercial potential oft eh sector. The APEJ market is thus likely to exhibit the highest CAGR of 8.6% over the 2017-2022 forecast period and is expected to rise to a valuation of US$19.2 bn by 2022.
Enquiry for Discount on this Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=16265
Key players profiled in the report include Becton, Dickinson, and Company, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Perkinelmer Inc., GE Healthcare, Merck KGaA, Bruker Corporation, Hitachi High-Technologies Corporation, Eppendorf AG, and Shimadzu Corporation.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Life Science Instrumentation Market Driven by Growing Government Support to the Life Sciences Sector here
News-ID: 1157050 • Views: 110
More Releases from Transparency Market Research
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals
More Releases for Corporation
What's driving the Global Photovoltaic Market trends? Mitsubishi Electric Corpor …
The global photovoltaic market accounted for US$.153.99 Bn in 2018 and is expected to grow at a CAGR of 19.8% during the forecast period 2019 - 2027, to account to US$ 768.1 Bn by 2027. Some of the players present in global photovoltaic market are Mitsubishi Electric Corporation, Panasonic Corporation, Kaneka Corporation, Kyocera Corporation, Sharp Corporation, JA Solar Co. Ltd, Renesola Co. Ltd, Trina Solar, Jinko Solar, and Shunfeng International
Global Gaming Market 2018 - Microsoft Corporation, Nintendo Co., Ltd., Rovio Ent …
The global Gaming market research report 2019 -2023 proposes a thorough analysis of the Gaming market globally. The market analysis considerably focuses on providing data to the consumers related to the three major segments, which include the growth rate of the market, the size of the market, and industrial-chain analysis. The Gaming market report provides a wide-range of Gaming market segmentation Console , Mobile , Computer , , . Get Request
Enterprise Content Management Market Trend to 2025: IBM Corporation, Oracle Corp …
Enterprise Content Management Market to 2025 - Global Analysis and Forecasts by Product, Deployment Type, Organization Type, Verticals The report aims to provide an overview of Global Enterprise Content Management Market along with detailed segmentation of market by product, organization type, deployment type, vertical and five major geographical regions. Global Enterprise Content Management market is expected to witness growth during the forecast period due to exponential growth in the data and
Blockchain Market Covers Leading Manufacturer IBM Corporation, Microsoft Corpora …
Blockchain technology is a decentralized software program that enables protected digital transactions of digital currencies such as Bitcoin. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1113 "Applications Of Blockchain Market" Blockchain permits applicants to authenticate and review transactions. Blockchain-based transactions of value can be completed in faster way, more safely, and economically than conventional transaction systems. Rising popularity of these ledger chains has led to a significant increase in total capital
Littelfuse Acquires IXYS Corporation
On the 17th January, Littelfuse announced the completion of its acquisition of IXYS Corporation. IXYS is a global pioneer in the power semiconductor market with a focus on medium- to high-voltage power semiconductors across the industrial, communications, consumer and medical device markets. Littlefuse has completed its acquisition of IXYS Corporation (including: IXYS Colorado, IXYS Power, IXYS Korea, IXYS LongBeach, IXYS Integrated Circuits Division, IXYS San Sebastian, IXYS UK Westcode, Zilog and
Cloud Backup Market Key Players - Microsoft Corporation, Oracle Corporation, IBM …
Market Highlights: The Global Cloud Backup Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of cloud backup is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous