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Surge In Chronic Diseases Fueling The Growth Of The Market Due To Rising Demand For Diagnostic And Monitoring Tools: Pivotal Factor Influencing Lab Consumables Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Lab Consumables Market Size Growth Forecast: What to Expect by 2025?
In the past few years, a substantial growth has been observed in the lab consumables market. It is predicted to expand from a market size of $13.14 billion in 2024 to $14.01 billion in 2025, equating to a compound annual growth rate (CAGR) of 6.7%. Factors contributing to this growth during the historical period include an elevation in demand for personalized medicine, higher adaptation of genomics and proteomics, an increase in clinical diagnostic testing, more investments in life sciences research, and a rise in the number of research laboratories.
How Will the Lab Consumables Market Size Evolve and Grow by 2029?
The market size for lab consumables is anticipated to experience robust growth in the upcoming years, escalating to $17.97 billion in 2029 with an impressive 6.4% compound annual growth rate (CAGR). The expansion expected during the forecast period is due to the intensified focus on precision medicine, the surge in demand for high-throughput screening, escalated investment in drug discovery and development, enhanced implementation of automation in laboratories, and elevated government patronage for research endeavors. Future trends during this period will be punctuated by progressions in lab-on-a-chip technologies, utilization of advanced materials for enhanced consumable sustainability, advancements in sustainable and eco-friendly consumables, amalgamation of digital technologies in lab operations, and innovations in 3D-printed lab consumables.
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What Drivers Are Propelling the Growth of Lab Consumables Market Forward?
The spike in chronic illnesses is projected to drive the lab consumables market's advancement. These illnesses refer to enduring health issues that persist often for six months or more, and involve continuous healthcare oversight. The increase in chronic illness patents is a result of an aging population and lifestyle choices like an unhealthy diet, lack of physical activity, and increased levels of stress. Lab consumables aid in the control of these diseases by providing precise diagnostic tests, ongoing supervision, and timely modifications in treatment through consistent specimen collection and evaluation. For instance, the Australian Institute of Health and Welfare, a government agency based in Australia, recorded in June 2024 that an estimated 15.4 million Australians or 61% were suffering from at least one long-term health condition. Thus, the increasing prevalence of chronic illnesses is a key contributor to the increased adoption of lab consumables in the market.
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Which Emerging Trends Are Transforming the Lab Consumables Market in 2025?
Companies that dominate the lab consumables market are directing their efforts towards creating sustainable lab consumables using recycled materials. These sustainable lab consumables are specially designed laboratory products that lessens environmental impact by employing recycled, reusable, or biodegradable materials combined with green manufacturing methods. This innovation is instrumental in adhering to stricter regulations and fulfils the growing need for environmentally friendly alternatives by research institutions and healthcare providers. For instance, in 2024, Eppendorf, a life science company based in Germany engaged in developing and marketing lab consumables, initiated the usage of 'Post Consumer Recyclate' (PCR) polypropylene. These are derived from surplus industrial materials from the production of contact lenses, ensuring they meet the stringent purity and sterility demanded in lab usage. This shift is significant as it conserves fossil fuel reserves and is predicted to decrease CO2 emissions by more than 166 tons annually, without sacrificing the quality, sterility, or stability of the pipette tips. This sustainability program from Eppendorf is a part of its comprehensive strategy which cleverly incorporates biobased raw materials and recyclates to manufacture green lab consumables, all the while maintaining the strict norms of life science research.
What Are the Key Segments in the Lab Consumables Market?
The lab consumables market covered in this report is segmented -
1) By Type: Reagents And Kits, Cell Imaging Consumables, General Lab Supplies
2) By Product Type: Pipettes And Tips, Containers And Vials, Microplates, Filtration Products, Centrifuge Tubes And Accessories, Cryogenic Storage, Lab Gloves, Lab Disposables, Lab Labels And Markers
3) By Application: Clinical Diagnostics, Industrial manufacturing, Life Science Research, Environmental Testing, Forensic Analysis, Materials Analysis
4) By End-User: Academic And Research Institutes, Clinical Laboratories, Government And Forensic Laboratories, Other End-Users
Subsegments:
1) By Reagents And Kits: PCR Reagents, Immunoassay Kits, Molecular Biology Kits, Enzymes And Buffers, Cell Culture Reagents, DNA Or RNA Extraction Kits, Protein Assay Kits, Staining Reagents
2) By Cell Imaging Consumables: Microscope Slides And Coverslips, Imaging Plates And Dishes, Fluorescent Dyes And Probes, Cell Staining Reagents, Imaging Chambers, Culture Flasks And Plates For Imaging, Imaging Buffers And Mounting Media
3) By General Lab Supplies: Pipettes And Tips, Microcentrifuge Tubes, Petri Dishes, Lab Gloves, Disposable Lab Wares, Cryogenic Vials, Filter Papers And Membranes, Storage Containers And Racks
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Who Are the Key Players Shaping the Lab Consumables Market's Competitive Landscape?
Major companies operating in the lab consumables market are A&T Corporation, Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Siemens Healthineers AG, Corning Incorporated, Avantor Performance Materials B.V., Agilent Technologies Inc., Illumina Inc., Sartorius AG, Beckman Coulter Inc., Bio-Rad Laboratories Inc., Bruker Corporation, Nihon Kohden Corporation, Eppendorf AG, Andreas Hettich GmbH & Co. KG, Tecan Group Ltd., Hamilton Company, Sarstedt AG & Co. KG, Greiner Bio-One International GmbH, J-SCIENCE LAB Co. Ltd.
What Geographic Markets Are Powering Growth in the Lab Consumables Market?
North America was the largest region in the lab consumables market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lab consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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