Press release
Life Science Tools Market: Sustained Growth and Emerging Trends Through 2030
The Life Science Tools Market size was valued at USD 141992.58 Million in 2023 and the total Life Science Tools Market revenue is expected to grow at a CAGR of 12.05 % from 2024 to 2030, reaching nearly USD 314882.61 Million.๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Life Science Tools Market is witnessing significant growth, with an anticipated market value of USD 106.94 billion by 2030, up from USD 55.23 billion in 2023, growing at a CAGR of 10.8%. This surge is driven by advancements in genomics, proteomics, and laboratory automation, coupled with the increasing demand for innovative diagnostic and research solutions. With developments in biotechnology, personalized medicine, and drug discovery, life science tools are revolutionizing how healthcare and research are conducted worldwide.
๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/114482/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐๐๐ฒ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ฏ๐๐ฌ:
The life science tools market has seen substantial activity in mergers and acquisitions (M&A), with major players consolidating to expand their capabilities and offer more comprehensive solutions. Here's an overview of the latest M&A developments:
Vietnam & Thailand: In Southeast Asia, the growing demand for biotechnology solutions has spurred local players to acquire cutting-edge life science tool companies. Vingroup, a leading conglomerate in Vietnam, recently acquired Hanoi Biotech, expanding its footprint in research and diagnostic tools. In Thailand, Bangkok Life Sciences has acquired PPS Instruments to enhance its laboratory equipment portfolio for biomedical research.
Singapore: Singapore's innovative biotechnology sector continues to attract international attention. Thermo Fisher Scientific recently expanded its presence in Singapore by acquiring TSE Biotech, a leader in automated life science equipment, strengthening its footprint in the Southeast Asian market.
Japan & South Korea: Both countries are investing heavily in advancing life sciences research. Hitachi High-Tech has acquired IonOpticks, a global leader in mass spectrometry tools for proteomics, further solidifying Japan's position as a leader in advanced research tools. Similarly, in South Korea, Samsung Biologics has expanded into the life sciences tools market through its acquisition of Genotech Instruments, enhancing its capabilities in molecular diagnostics.
Europe: The European market remains a hub for high-end life science tools. Siemens Healthineers has continued its expansion by acquiring Fluigent, a French company specializing in fluid control systems for laboratory automation. This acquisition boosts Siemens' ability to offer advanced solutions for life science and pharmaceutical research.
United States: In the U.S., the life science tools sector is undergoing rapid consolidation. Illumina, a leader in genomics, has completed the acquisition of GRAIL, a company specializing in early cancer detection using genomics. Meanwhile, Agilent Technologies has acquired Resolution Bioscience, further strengthening its presence in the molecular diagnostics market.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ฌ๐ญ ๐๐ง๐ ๐๐ฅ๐ข๐๐ค:https://www.maximizemarketresearch.com/request-sample/114482/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ:
The life science tools market is dominated by several key players who are expanding their capabilities through strategic acquisitions:
Thermo Fisher Scientific: The company continues to expand its portfolio through acquisitions, such as the recent purchase of Life Technologies, which enhances its capabilities in molecular biology and protein analysis tools.
Agilent Technologies: Agilent's acquisition of Resolution Bioscience will expand its offerings in next-generation sequencing and molecular diagnostics, making it a critical player in personalized medicine.
PerkinElmer: Known for its cutting-edge automation solutions, PerkinElmer's acquisition of Waltham Scientific has allowed the company to expand its offerings in high-performance laboratory automation systems.
Siemens Healthineers: Siemens has actively pursued acquisitions in life science tools, most recently acquiring Fluigent, enabling the company to integrate innovative fluid control systems for research and diagnostics.
Illumina: A key player in genomic sequencing, Illumina has expanded into liquid biopsy technology with the acquisition of GRAIL, which is making significant strides in early cancer detection.
๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
by Type
Flow Cytometry
Cell culture system and 3D cell culture
Mass Spectrometry
Cloning and genome engineering
Microscopy and electron microscopy
Next-generation sequencing
PCR and qPCR
Nucleic Acid Preparation
Sanger sequencing
NMR
Transfection device and gene delivery technology
Other products and services
by Technology
Genomic Technology
Proteomics Technology
Cell Biology Technology
In 2023, genomic technology will account for the highest proportion of the Life Science Tools Market, with 40.32%. It is widely used in applications including DNA sequencing, genome editing (e.g., CRISPR), and genetic testing. Because of their ability to evaluate genetic variants and hereditary disorders, genomic techniques are critical in personalized medicine, agricultural biotechnology, and evolutionary research. In 2023, proteomics technology will account for a large 33.68% share. This sector focuses on the structure, function, and interactions of proteins in biological systems. Mass spectrometers and protein microarrays are critical tools for drug discovery, biomarker identification, and cellular signalling pathway analysis. Companies such as Illumina continue to innovate in mass spectrometry platforms to improve proteomics applications.
by Application
Government & Academic
Biopharmaceutical Company
Healthcare
Industrial Applications
Others
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐๐ฎ๐ซ ๐๐๐๐ฉ๐๐ ๐ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/contact-us/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ: ๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ
Vietnam: With a rapidly growing biotech industry, Vietnam is seeing an uptick in life science tool companies offering high-quality laboratory and research equipment. The country is attracting significant foreign investment from biotech firms.
Thailand: Thailand has strengthened its biotechnology sector, with local companies entering partnerships and acquisitions to expand the use of life science tools in clinical and pharmaceutical applications.
Singapore: As a leader in the Southeast Asian biotech space, Singapore continues to innovate in life science research tools, with companies focusing on automation and high-throughput screening technologies.
Japan: Japan's advanced technology sector is contributing to the growth of life science tools. Companies like Hitachi are integrating AI and machine learning into their diagnostic tools, enhancing research capabilities.
South Korea: South Korea's investments in the life sciences are poised to drive market growth, with several local companies enhancing their portfolios through acquisitions in the biotech tools market.
Europe: Europe remains a key player in the development of life science tools, with several mergers and acquisitions among large players like Siemens and Agilent Technologies that aim to integrate next-gen technologies into healthcare systems.
United States: The U.S. leads the market in life science tools, with giants like Illumina, Thermo Fisher, and Agilent Technologies spearheading innovations through acquisitions and new product developments.
๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Illumina Inc.
2. Becton, Dickinson, and Company.
3. Danaher Corporation
4. QIAGEN
5. Merck KGaA
6. Shimadzu Corporation
7. Hitachi, Ltd.
8. Bruker
9. Oxford Instruments plc
10. Zeiss International
11. Thermo Fisher Scientific Inc.
12. Qiagen N.V
13. F. Hoffmann-La Roche Ltd.
14. Bio-Rad Laboratories Inc.
15. Agilent Technologies
๐๐จ๐ญ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ? ๐๐๐๐๐ก ๐๐ฎ๐ญ ๐๐จ๐ฐ ๐๐จ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐๐ญ๐ข๐จ๐ง:https://www.maximizemarketresearch.com/request-sample/114482/
๐๐ข๐๐ ๐๐๐ข๐๐ง๐๐ ๐๐จ๐จ๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
The size and trends in the Life Science Tools market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-life-science-tools-marke/114482/
๐๐จ๐ฎ๐ซ ๐๐ฅ๐ญ๐ข๐ฆ๐๐ญ๐ ๐๐ฎ๐ข๐๐: ๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
What is Life Science Tools?
What was the Life Science Tools market size in 2023?
Which are the factors expected to drive the Life Science Tools market growth?
Who are the leading companies and what are their portfolios in Life Science Tools Market?
What growth strategies are the players considering to increase their presence in Life Science Tools?
What are the upcoming industry applications and trends for the Life Science Tools Market?
What will be the CAGR at which the Life Science Tools market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Life Science Tools Market?
What are the different segments of the Life Science Tools Market?
What is the growth rate of the Life Science Tools Market?
What segments are covered in the Life Science Tools Market?
Who are the key players in the Life Science Tools market?
What are the key challenges and opportunities in the Life Science Tools market?
Which application holds the highest potential in the Life Science Tools market?
๐๐ฅ๐๐ฏ๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ค๐ง๐จ๐ฐ๐ฅ๐๐๐ ๐ ๐๐๐ฌ๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐ซ๐๐๐๐ง๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ญ๐ซ๐๐ง๐๐ฌ ๐๐ฎ๐ซ๐๐ญ๐๐ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ: ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ:
Genomics and Personalized Medicine: The growing focus on precision medicine and personalized healthcare solutions is driving demand for advanced genomics tools. Companies like Illumina and Thermo Fisher are leading innovations in DNA sequencing and genetic analysis tools, helping to accelerate clinical research and drug discovery.
Automation and Lab Efficiency: Automation in laboratories is a key trend, as researchers seek to streamline workflows and improve efficiency. Companies like PerkinElmer and Beckman Coulter are providing automated lab solutions that improve throughput and accuracy, critical for both pharmaceutical and academic research.
Biotechnology Advancements: Advances in biotechnology, such as CRISPR and gene-editing technologies, are significantly influencing the life science tools market. Editas Medicine and Synthego are examples of companies at the forefront of this revolution, developing tools that are enabling groundbreaking research in gene therapy and molecular biology.
Point-of-Care Diagnostics: The demand for rapid, accurate diagnostics has soared, especially after the COVID-19 pandemic. Companies like Cepheid and Abbott Laboratories are innovating in point-of-care diagnostic tools, making healthcare more accessible and cost-effective globally.
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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