Press release
Life Science Equipment Market Projected Reach of $92.21 Billion by 2030 at a CAGR of 6.2%
[Redding, California, February 26, 2024] - Meticulous Research®, a premier provider of market intelligence and advisory services, sheds light on the burgeoning life science equipment market, projecting a robust expansion to $92.21 billion by 2030, showcasing a noteworthy Compound Annual Growth Rate (CAGR) of 6.2%.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=3937
The life science equipment market encompasses a comprehensive array of instruments, automation systems, and documentation vital for various life sciences applications. These encompass a wide spectrum including spectroscopy, microscopy, chromatography, lab automation, PCR, sequencing, incubators, microarrays, electrophoresis, and centrifuges. These indispensable tools find application across diverse sectors including pharmaceutical & biotechnology, academic & research institutes, hospitals & diagnostic laboratories, and the food & agriculture industry.
Meticulous Research®'s latest publication on the life science equipment market highlights its promising trajectory, with a projected value of $92.21 billion by 2030, reflecting a compelling CAGR of 6.2% from 2023 to 2030.
Market Drivers and Challenges
The market's growth trajectory is underpinned by several key drivers, including escalating expenditures in pharmaceutical and biotech R&D, supportive government initiatives bolstering life sciences R&D, and the escalating prevalence of chronic and infectious diseases. However, challenges such as the prohibitive costs of advanced equipment and infrastructural limitations in developing economies pose constraints to market growth. Nonetheless, avenues for growth abound, driven by advancements in genomics and proteomics, increasing adoption of personalized medicines, rising automation and digitalization in the life sciences sector, and a growing emphasis on food safety and quality.
Browse in depth @ https://www.meticulousresearch.com/product/life-science-equipment-market-3937
Key Players and Competitive Landscape
The report provides comprehensive competitive intelligence, offering insights into the financials, growth strategies, product portfolios, and geographical presence of key players in the market. Notable players include Agilent Technologies, Inc., Becton, Dickinson, and Company, Bio-Rad Laboratories, Inc., Danaher Corporation, F. Hoffmann LA-Roche AG, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Waters Corporation, Bruker Corporation, Shimadzu Corporation, Siemens Healthineers AG, Eppendorf SE, Sartorius AG, and QIAGEN N.V.
Market Segmentation
Meticulous Research®'s segmentation of the market facilitates efficient analysis, categorizing it based on technology, end-user, and geography. Among the technologies, spectroscopy emerges as a frontrunner, while the pharmaceutical and biotechnology industry commands the largest share among end-users.
Among the technologies included in the report, in 2023, the spectroscopy segment is estimated to account for the largest share of the life sciences equipment market. The largest share of this segment is majorly due to the high precision and sensitivity of the technology, launch of technologically advanced products, larger user base, and wide range of applications in life sciences, which includes drug discovery, formulation and quality control, proteomics, genomics, environmental analysis, food and beverage analysis, and clinical diagnostics.
Among the end users included in the report, in 2023, the pharmaceutical and biotechnology industry segment is estimated to account for the largest share of the life science equipment market. The growth of this segment is attributed to the growing demand for chromatography and spectroscopy products for quantitative and qualitative analysis of finished drug products and their ingredients during the manufacturing process, the adoption of chromatography for QA/QC testing due to the increasing number of drugs, and the increased use of PCR and sequencers in personalized medicine.
Quick Buy - Life Science Equipment Market - Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/26911858
Regional Outlook
North America currently leads the market share, closely followed by Europe. However, Asia-Pacific is poised to witness the highest growth rate during the forecast period, fueled by factors such as increasing disease prevalence, burgeoning pharmaceutical and biotech industries, rising healthcare expenditure, and governmental initiatives promoting diagnostic testing.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Equipment Market Projected Reach of $92.21 Billion by 2030 at a CAGR of 6.2% here
News-ID: 3399636 • Views: …
More Releases from Meticulous Research®
Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Introduction
The global Direct Air Capture (DAC) market has entered a period of rapid transformation as nations, industries, and corporations intensify their efforts to achieve net-zero emissions. Valued at $136.5 million in 2024, the market is projected to grow significantly, reaching approximately $6.93 billion by 2035. This expansion, driven by a remarkable compound annual growth rate (CAGR) of 43.3% between 2025 and 2035, highlights the growing importance of DAC technologies in…
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
Introduction
The European direct-to-consumer (DTC) genetic testing market is expanding at a remarkable pace, reflecting rising consumer interest in personalized healthcare and genetic insights. Valued at $464 million in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 23.3%, reaching nearly $3.78 billion by 2035. This growth underscores how advances in genomic sequencing, combined with increasing health awareness, are reshaping the healthcare and wellness landscape…
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Introduction
The global peer-to-peer (P2P) energy trading platforms market is undergoing rapid transformation as new technologies reshape how energy is generated, distributed, and traded. Valued at $138 million in 2024, the market is projected to grow significantly, reaching nearly $2.34 billion by 2035. This growth, at a compound annual growth rate (CAGR) of 29.7% from 2025 to 2035, highlights the increasing adoption of decentralized energy solutions and digital platforms that empower…
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Introduction
The global dermoscopy and skin visualization devices market is entering a phase of rapid transformation, driven by the increasing need for early detection of skin conditions and the rising incidence of skin cancer worldwide. Valued at $1.33 billion in 2024, the market is expected to reach nearly $3.3 billion by 2035, expanding from an estimated $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.7% during the…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
