Press release
Laboratory Equipment Market: Projected Significant CAGR with Holistic Expansion by 2024-2031 | Bio-Rad Laboratories, Inc., Bruker, Eppendorf SE.
The Global Laboratory Equipment Market reached US$ 53.1 billion in 2023 and is expected to reach US$ 96.1 billion by 2031, growing at a CAGR of 7.7% during the forecast period 2024-2031.Laboratory Equipment Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Laboratory Equipment market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The Laboratory Equipment Market encompasses tools and instruments used in scientific research, diagnostics, and industrial applications. This includes devices such as microscopes, centrifuges, spectrometers, and laboratory automation systems. Market growth is driven by advancements in life sciences, biotechnology, and pharmaceutical research, as well as increasing demand for accurate diagnostics and automation. Rising investments in research and development further fuel the expansion of this market globally.
Forecast Growth Projected:
The Global Laboratory Equipment Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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List of the Key Players in the Laboratory Equipment Market:
Thermo Fisher Scientific Inc., Agilent Technologies, Inc., BD, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Bruker, Eppendorf SE, F. Hoffmann-La Roche Ltd, PerkinElmer Inc., Shimadzu Corporation among others.
Segment Covered in the Laboratory Equipment Market:
By Equipment: Incubators, Laminar Flow Hood, Micro Manipulation Systems, Centrifuges, Lab Air Filtration System, Scopes, Sonicators & Homogenizers, Autoclaves & Sterilizers, Spectrophotometer & Microarray Equipment, Others.
By Application: Biochemistry, Endocrinology, Microbiology, Genetic Testing, Others.
By Material: Borosilicate Glass, Polystyrene, Metal, Ceramic, Polypropylene, Quartz.
By End-User: Diagnostic Centers, Pharmaceutical and Biotechnology Industries, Academic and Research Institutes.
Industry Development:
In June 2024, Thermo Fisher Scientific introduced the Stellar, a new mass spectrometry platform, at the American Society for Mass Spectrometry (ASMS) conference in Anaheim, California. The Stellar combines fast throughput, high sensitivity, and user-friendly operation, enabling researchers to accelerate translational omics research and achieve groundbreaking discoveries more efficiently. The announcement also included updates to several existing products, further highlighting the company's commitment to advancing scientific innovation.
In April 2024, Malvern Panalytical launched Revontium, an advanced XRF spectrometer designed for precise elemental analysis. With its compact design, Revontium offers an optimal balance of precision and efficiency, catering to industries and laboratories seeking high-performance analytical solutions in a space-saving footprint.
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Regional Break out:
The global Laboratory Equipment Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Laboratory Equipment manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Laboratory Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Laboratory Equipment market?
➠ Who are the global key manufacturers of the Laboratory Equipment Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Laboratory Equipment market opportunities and threats faced by the vendors in the global Laboratory Equipment Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Laboratory Equipment market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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