Life Science Instrumentation Market Forecast to 2027 - Key Companies Thermo Fisher Scientific, Bio-Rad Laboratories, BD, Bruker, Agilent Technologies, Illumina, Danaher, F. Hoffmann-La Roche and Shimadzu
Life science instrumentation refers to the equipment used for research and development required in industrial laboratories, biotechnology and pharmaceutical industry as well as academic institutes. These instruments play a significant role in conducting several analysis of living and non-living entities within the life science, biotechnology and molecular biological studies.
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Top Leading Market Players:
1. Thermo Fisher Scientific, Inc.
2. Bio-Rad Laboratories Inc.
5. Agilent Technologies, Inc.
6. Illumina, Inc.
8. F. Hoffmann-La Roche
9. Shimadzu Corporation
Rapid technological advancements biotechnology techniques and favorable government policies for pharmaceutical and biotechnology research is expected to fuel the growth of the life science instrumentation market during the forecast period. In addition, increasing R&D expenditure and initiatives undertaken by market players for development of novel products is further expected to promote the growth of life science instrumentation market over the coming years.
Moreover, development of products at lower costs is anticipated to offer growth opportunities in the life science instrumentation market.
The global life science instrumentation market is segmented on the basis of Technology, application, and end user. Based on technology, the life science instrumentation market is segmented into spectroscopy, chromatography, sequencing and amplifying, NGS, PCR, microarray, lab automation, and others. On the basis of application, the global life science instrumentation market is segmented into research, clinical diagnostics, and other applications. Based on end user, the global life science instrumentation market is segmented into pharmaceutical, biopharmaceutical, & biotechnology companies, contract research organizations, academic institutes, hospitals, clinics, & diagnostic laboratories, forensic science laboratories, food and agricultural companies, and environmental testing companies.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global life science instrumentation market based on technology, application, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The life science instrumentation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the life science instrumentation market in the coming years, owing to substantial presence of major players as well as high healthcare spending capacity in the region. On the other hand, Asia Pacific is expected to witness significant growth in the life science instrumentation market during the forecast period, due to presence of low-cost manufacturing centers and use of modern biotechnology tools for generation of novel products for human medicinal use in the region.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Life Science Instrumentation Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Life Science Instrumentation, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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