Rise In Demand for Biopharmaceuticals Driving The Market Growth Due To Expansion Of Biologic Drug Development And Manufacturing Driving Market Acceleration in the Life Science Tools Industry, 2025

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How Large Will the Life Science Tools Market Size By 2025?
In the past few years, the market size of life science tools has experienced a significant surge. A growth from $176.74 billion in 2024 to $201.37 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 13.9%. The past growth can be traced back to factors such as the increased occurrence of chronic and infectious diseases, rising production in the pharmaceutical and biotech sectors, growing demand for clinical diagnostic testing, expansion in environmental and food safety testing, and greater adoption of automation within lab workflows.

How Big Is the Life Science Tools Market Size Expected to Grow by 2029?
The market size for life science tools is predicted to experience a significant increase in the coming years, eventually reaching a value of $335.13 billion in 2029 at a CAGR of 13.6%. The surge during the forecast period can be credited to the rising demand for custom treatment development tools, the boost in cell and gene therapy manufacturing volume, an increase in the requirement for high-purity reagents in various industrial uses, a hike in decentralized diagnostic testing integration, and escalation in biologics and biosimilars production. The forecast period is also expected to showcase major trends including cloud-based laboratory data management platform technique adoption, movement towards the integration of multi-omics in research study, utilization of cryo-electron microscopy for advanced imaging, customization of laboratory tools in specialized research sectors, and an increase in lab-on-a-chip and microfluidic applications.

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Which Key Market Drivers Powering Life Science Tools Market Expansion and Growth?
The growth in the life science tools market is forecasted to be driven by an increased demand for biopharmaceuticals. These are medical drugs created using biotechnology and biological sources such as living cells or organisms, including proteins, antibodies, or vaccines. Biopharmaceuticals are witnessing high demand due to their capability to efficiently address complicated and chronic diseases, which traditional small-molecule drugs may not sufficiently handle. Life science tools facilitate the creation and production of biopharmaceuticals by offering crucial technologies for research, analysis, and quality control during the drug production process. This is achieved by ensuring precision, efficiency, and adherence to regulatory standards. As an illustration, Cardinal Health Inc., a healthcare company based in the US, stated that by January 2022, the US had 33 FDA-approved biosimilar products, with 21 of them available in the market. This number increased to 40 FDA-approved biosimilars, 25 of which were commercially available, by 2023. Consequently, the escalating demand for biopharmaceuticals is stimulating the expansion of the life science tools market.

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Which Emerging Trends Are Transforming the Life Science Tools Market in 2025?
Leading firms in the life science tool industry are concentrating on the development of ground-breaking solutions such as automated sequencing platforms. These enhancements aim to sharpen precision, aid efficiency, and widen the accessibility of genetic analysis, thus expediting research and clinical diagnostics. Automated sequencing platforms are sophisticated systems equipped with robotics and software for DNA or RNA sequencing with limited manual input. It aids in maximizing output, minimizing errors, and delivering faster and more dependable genetic research and diagnostics. An example is Illumina Inc., a biotech firm based in the USA that introduced the MiSeq i100 series in October 2024. This series, touted as the most straightforward and fastest benchtop sequencers, aims to broaden the application of next-gen sequencing across a variety of laboratories. The MiSeq i100 and MiSeq i100 Plus Systems feature kit storage and shipping at room temperature. This feature eliminates the waiting time due to reagent thawing and allows for immediate sample-to-analysis workflows. These platforms offer rapid sequencing with run times as brief as four hours. They come with cost-effective consumables, and simple, one-touch workflows that can be applied in microbiology, infectious disease, and oncology settings. This exemplifies the shift in the market towards sequencing tools that are effective, expandable, and user-friendly, bolstering the work of researchers and clinicians.

What Are the Emerging Segments in the Life Science Tools Market?
The life science tools market covered in this report is segmented

1) By Type: Instruments, Consumables, Services
2) By Technology: Polymerase Chain Reaction(PCR) And Quantitative Polymerase Chain Reaction (qPCR), Sanger Sequencing, Separation Technologies, Flow Cytometry, Nucleic Acid Microarray, Mass Spectrometry, Other Technologies
3) By Application: Drug Discovery And Development, Clinical Diagnostics, Genomic And Proteomic Research, Cell Biology Research, Other Applications
4) By End-User: Academic And Research Institutions, Biotechnology And Pharmaceutical Companies, Hospitals And Diagnostic Laboratories, Contract Research Organizations (CROs), Government And Regulatory Agencies

Subsegments:
1) By Instruments: Microscopes, Sequencers, Analyzers, Spectrometers, Centrifuges, Chromatography Systems, Laboratory Automation Equipment
2) By Consumables: Reagents, Kits, Culture Media, Pipettes And Tips, Plasticware, Laboratory Chemicals, Assay Kits
3) By Services: Calibration Services, Maintenance And Repair, Laboratory Testing Services, Consulting Services, Training And Support, Research And Development Services

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Who Are the Global Leaders in the Life Science Tools Market?
Major companies operating in the life science tools market are F. Hoffmann-La Roche Ltd., Merck KGaA, Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies Inc., Lonza Group Ltd., Illumina Inc., Sartorius AG, Shimadzu Corporation, Revvity Inc., Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Eppendorf AG, Tecan Group Ltd., Bio-Techne Corporation, Takara Bio Inc., GenScript Biotech Corporation, 10x Genomics Inc., and Hamilton Company.

Which are the Top Profitable Regional Markets for the Life Science Tools Industry?
North America was the largest region in the life science tools market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the life science tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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