Life Science Instrumentation market is predicted to thrive at a CAGR of 6.41% over the period 2018-2024

Knowledge Sourcing Intelligence announces the publication of a new report on “Life Science InstrumentationMarket - Forecasts from 2019 to 2024" to their offering.

SUMMARY:
Life science instrumentation offers various advantages regarding the better quality treatment for patients by way of addressing different aspects that hold the key to novel applications in industries such as biotechnology, pharmaceutical, and food and beverage.

This report provides forecast and analysis of the life science instrumentation market which is estimated to surge at a CAGR of 6.41% over the period of 2018-2024.

Rising investments in R&D regarding the development of new drugs is one of the major drivers of the life science instrumentation market. The availability of funding for life science and research further contributes to the growth of the life science instrumentation market across the biotechnology and pharmaceutical industries. Growing food safety concerns, supported by stringent regulations regarding food safety is another major driver of the life science instrumentation market. Other factors include the rapidly growing proteomics industry and growing environmental concerns. However, the high cost of instruments and lack of skilled professionals are restraining the growth of the life science instrumentation market.

The life science instrumentation market is segmented by technology, application, end-user, and geography. Geographically, the life science instrumentation market is segmented as North America, South America, Europe, Middle East and Africa, and the Asia Pacific. North America accounted for a significant market share in 2018 owing to the high investment across the biotech and pharmaceutical sectors coupled with the presence of major market players in the region. APAC is projected to witness the significant CAGR during the forecast period on account of increasing investments in crop research in order to boost the agricultural yield to combat food insecurity. Moreover, rising R&D activities to develop new drugs will further fuel the growth of the APAC Life Science Instrumentation market during the forecast period.

Some of the major players covered as part of the report are Shimadzu Corporation, Danaher Corporation, Thermo Fisher Scientific Inc., General Electric Company, and PerkinElmer, Inc.

This report segmented the life science instrumentation market on the basis following terms:

• By Technology
o Spectroscopy
o Chromatography
o Flow Cytometry
o Others

• By Application
o Analytical Chemistry
o Clinical Analysis
o Environmental Testing
o Food and Beverage Analysis
o Others

• By End-User
o Hospitals
o Research Institutes
o Diagnostic Laboratories
o Others

• By Geography
o North America
 United States
 Canada
 Mexico
o South America
 Brazil
 Argentina
 Others
o Europe
 Germany
 France
 UK
 Spain
 Others
o Middle East and Africa
 Israel
 Saudi Arabia
 Others
o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

Purchase complete report or request sample: https://www.knowledge-sourcing.com/report/life-science-instrumentation-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.