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Laboratory Casework Market Is Expected To Generate Huge Profits by 2015 - 2021
PMR
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Some of the laboratory caseworks are prepared by fabricating the furniture or cabinets with stainless steel or furniture grade cold rolled steel. Various key components are well notched, joined and tightly fitted so as to provide premium strength and stiffness. These furniture and laboratory cabinets are available in numerous configurations with a range of options. Various manufacturers also provide facility of custom designing as well so as to meet each laboratory’s unique or specific requirements. Manufacturers operating in this market offer a wide range of wall, base, upper and tall cases in different customizable styles and sizes and to specifically finish the laboratory or the storage room project. To meet specific needs such as, wardrobes and cases for microscopes, glass tubing and tote trays, several specialty tall cases are also available globally. These laboratory caseworks are also tested and approved by several approval agencies that ensure safety and long usage meeting several demands of various different laboratories.
Major driving factors for the growth of the laboratory casework market include increasing research and development activities worldwide, rising demand for advanced and improved laboratory casework, and increasing awareness about the availability of specialty laboratory caseworks. Globally rising number of diseases and associated research and development require increased usage of various laboratories, well equipped to wholly support the R&D activities. This will increase the usage as well as demand for these laboratory casework across the globe, hence will contribute towards the growth of this market. Presently, various laboratories are demanding for more advanced and improved laboratory caseworks or furniture that can support various R&D activities for a longer period with maximum strength and rigidity. This will further provide opportunity to this market to grow in future. At present, several laboratory caseworks are available in the global market with required configuration and customization support as well, thus will create more demand for these caseworks, hence will contribute towards this market’s growth.
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Geographically, North America dominates the Laboratory Casework market followed by the European market. Some of the key factors responsible for the growth of this market in these regions were presence of a large number of research laboratories in these regions and increasing number of R&D activities by various players in the pharmaceutical and biotechnology industries. However, Asia-Pacific is the most lucrative market for this industry due to its fast rate of growth in the recent past. Major factors responsible for the high growth of this market in the region were increasing number of research laboratories in the region along with increasing demand for improved laboratory caseworks in the region. Some of the key players operating in this market are BMC, Inc., Case Systems, Hamilton Scientific LLC, ISEC, Inc., Kewaunee Scientific Corporation, Labconco, Mott Manufacturing Ltd., OpenGate Capital and Sheldon Laboratory Systems.
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