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Analytical Laboratory Instrument Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Agilent Technologies, Waters Corporation, Thermo Fisher Scientific, Danaher Corporation, SP Industries
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The global analytical laboratory instrument market report by the business research company identifies rapid growth in life science industries contributed to be a major growth driver for the analytical laboratory instrument market. A growing patient population suffering from lifestyle-related problems such as diabetes and heart-related problems, and other life-threatening diseases such as cancer and growing investment in research and development, and an increasing aged population aided the growth in the life science industry. According to International Diabetes Federation, the diabetic population is expected to grow to 700 million in 2045 from 463 million in 2019. Moreover, according to the 2019 Revision of World Population Prospects by the United Nations, the population above 65 years will increase to 16% in 2050 from 11% in 2019, and the population aged 80 years and above is expected to increase to 426 million in 2050 from 143 million in 2019. This rapid growth in population depending on the life sciences market will increase the necessity to conduct lab researches that require analytical laboratory instruments thereby increasing the demand for laboratory instruments.
The global analytical laboratory instrument market grew from $92.22 billion in 2021 to $103.65 billion in 2022 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The analytical laboratory instruments market is expected to grow to $152.67 billion in 2026 at a CAGR of 10.2%.
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Asia Pacific was the largest region in the analytical laboratory instruments market in 2021. North America was the second-largest region in the analytical laboratory instruments market. The regions covered in the analytical laboratory instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the analytical laboratory instruments market are Agilent Technologies, Waters Corporation, Thermo Fisher Scientific, Danaher Corporation, SP Industries, PerkinElmer, Danaher Corp, Chemglass Life Sciences Inc., Citotest Labware Manufacturing Co. Ltd., Kimble Chase, Scilabware Ltd., and Bio-Rad Laboratories.
The global Analytical Laboratory Instrument market is segmented -
1) By Type: Element Analysis, Separation Analysis, Molucular Enalysis
2) By End-User: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology
3) By Application: Research, Clinical, Diagnostic, Others
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The Analytical Laboratory Instrument Market Report Contents Include
1. Executive Summary
2. Analytical Laboratory Instrument Market Characteristics
3. Analytical Laboratory Instrument Market Trends And Strategies
4. Analytical Laboratory Instrument Market - Macro Economic Scenario
5. Analytical Laboratory Instrument Market Size And Growth
....
27. Analytical Laboratory Instrument Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Analytical Laboratory Instrument Market
29. Analytical Laboratory Instrument Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Analytical Laboratory Instrument market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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