Global Lab Supplies Market | Key players operating in the market include PerkinElmer Inc., VWR International, LLC, Thermo Fisher Scientific, WATERS, Merck & Co., Inc

This Global Lab Supplies Market report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus. Market segmentation is a significant parameter that categorizes the market depending upon the application, vertical, deployment model, end-user, and geography etc. Global Lab Supplies Market report also provides CAGR value fluctuation in percentage during the forecast period of 2019-2026 for the market. Additionally, the Global Lab Supplies Market report comprises of extensive study about diverse market segments and regions, emerging trends along with major drivers, challenges and opportunities in the market.

Global lab supplies market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the recent rise of online purchasing trend of lab supplies and equipments, along with the need for developing effective therapeutics for chronic diseases.

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Key Market Competitors: Global Lab Supplies Market

Few of the major competitors currently working in the global lab supplies market are PerkinElmer Inc., VWR International, LLC, Thermo Fisher Scientific, WATERS, Merck & Co., Inc., Danaher, Spectrum Chemical Manufacturing Corp., Pace Analytical Services, LLC, Eppendorf AG, Agilent Technologies, Inc., Hettich Instruments, John Barron_Reagecon, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Camlab Ltd, Bellco Glass, Eurofins Scientific, Medline Scientific Limited, DWK Life Sciences, VITLAB GmbH, Crystalgen, Inc., SKS Science Products, Citotest Labware Manufacturing Co., Ltd., Elkay Laboratory Products, Pathtech and BRAND GMBH + CO KG.

Global Lab Supplies Market analysis includes competitive study, production information analysis, applications, and region-wise analysis, competitor landscape, consumption and revenue study, cost structure analysis, price evaluation and revenue analysis up to 2026. This market report involves use of latest tools and techniques for researching, analysing and gathering of data and information. This market report performs systematic gathering, recording and analysis of data about the issues related to the marketing of goods and services and serves the businesses with an excellent market research report. The Global Lab Supplies Market business report provides intelligent solutions to the complex business challenges and commences an effortless decision-making process.

Global Lab Supplies Market By Equipment (General Equipment, Support Equipment, Specialty Equipment, Analytical Equipment, Others), End-User (Academic Institutes, Clinical & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026

Competitive Analysis: Global Lab Supplies Market

Global lab supplies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lab supplies market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Lab Supplies Market

Lab supplies are equipments, consumables devices and machines that are utilized in research, diagnostic and manufacturing applications of various chemicals, drugs and pharmaceutical therapeutics. These supplies also include safety equipments and apparels so that no side effects are experienced by the individuals conducting the research activities.

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Market Drivers

Availability of supplier information and the brand history from verified sources online is expected to drive the growth of the market
Rise in the number of testing organizations, along with growth of biotechnology and pharmaceutical industries, this factor is expected to drive the growth of the market growth
Rise in the levels of applications of these equipments in educational & research institutes, this factor is expected to drive the growth of the market

Market Restraints

Requirement of complying with certain regulations associated with the different regions of the world are factors restraining the growth of the market
High costs associated with the manufacturing because of the costs associated with the raw material

Segmentation: Global Lab Supplies Market

By Equipment

General Equipment
Support Equipment
Specialty Equipment
Analytical Equipment
Others

By End-User

Academic Institutes
Clinical & Diagnostic Laboratories
Pharmaceutical & Biotechnology Companies
Others

Key Developments in the Market:

In November 2018, John Barron_Reagecon announced that they had entered into a distribution agreement with "Beijing Thorigin". The agreement has come into place for the distribution and after sales services of Reagecon products which will be supplied from Shanghai office of Reagecon. The recently expanded products portfolios which will be distributed to an expanded geographical area are aimed at life sciences applications, environmental and geology applications.
In December 2017, Eurofins Scientific announced that they had completed the acquisition of EAG Laboratories. The acquisition was agreed at an approximate USD 780 million, this acquisition will expand the capabilities of Eurofins specifically in the materials and engineering sciences.

Reasons to Purchase this Report

Current and future of global lab supplies market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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