Life Science Instruments and Consumables Market to hit US$ 167.98 Billion by 2033 | Top 5 Companies are io-Rad Laboratories, Inc., PerkinElmer, Waters Corporation, QIAGEN, Agilent Technologies, Inc

life science instruments and consumables market size reached US$ 94.78 Billion in 2024 from US$ 89.37 Billion in 2023 and is expected to reach US$ 167.98 Billion by 2033, growing at a CAGR of 6.7% during the forecast period 2025-2033.

DataM Intelligence has published a new research report on "Life Science Instruments and Consumables Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Products such as Abbott's RealTime SARS-CoV-2 Assay, Thermo Fisher Scientific's TaqPath COVID-19 Combo Kit, and Roche's cobas SARS-CoV-2 PCR Test are among the most successful PCR-based diagnostic kits commercially. Beyond infectious disease testing, PCR is widely used in cancer diagnostics (e.g., EGFR, BRAF, and KRAS mutations), pharmacogenomics (CYP450 genotyping), and prenatal screening, further strengthening its market footprint.

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The Life Science Instruments and Consumables 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.

Key Market Highlights

North America held the largest share of the life science instruments and consumables market in 2024, accounting for 42.47% of total revenue.

The Asia Pacific region is projected to grow at the fastest CAGR of 6.9% during the forecast period.

By technology, the polymerase chain reaction (PCR) segment dominated the market with a 29.12% revenue share in 2024.

Forecast Growth Projected:

The Global Life Science Instruments and Consumables Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2024, 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.

List of the Key Players in the Life Science Instruments and Consumables Market:

Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Danaher Corporation, Illumina, Inc., Bio-Rad Laboratories, Inc., PerkinElmer, Waters Corporation, QIAGEN, F. Hoffmann-La Roche Ltd, and Eppendorf SE

Segment Covered in the Life Science Instruments and Consumables Market:

By Product Type: (Instruments and Consumables)

By Technology: (Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Mass Spectrometry, Chromatography, Flow Cytometry, Microscopy, Spectroscopy, Electrophoresis, and Others)

By Application: (Genomics, Proteomics, Cell Biology, Molecular Biology, Clinical Diagnostics, Pharmaceuticals, and Others)

By End-User: (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Hospitals, Diagnostic Laboratories, and Others)

Key Industry Developments

In February 2025, Roche introduced its groundbreaking Sequencing by Expansion (SBX) technology, enabling ultra-rapid, high-throughput next-generation sequencing.

In July 2025, QIAGEN launched QIAseq xHYB Long Read Panels, enhancing long-read sequencing for complex genomic regions.

That same month, Quest Diagnostics unveiled a PCR-based diagnostic test for the Oropouche virus, combining RT-PCR and serology to improve early infection detection.

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Regional Analysis:

The global Life Science Instruments and Consumables Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Life Science Instruments and Consumables Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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 Life Science Instruments and Consumables 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 Life Science Instruments and Consumables 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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People Also Ask

How large is the Life Science Instruments and Consumables Market?

The Life Science Instruments and Consumables Market size was valued at US$ 94.78 Billion in 2024 and is projected to grow to US$ 167.98 Billion by 2033

How quickly is the Life Science Instruments and Consumables Market expanding?

The Life Science Instruments and Consumables Market is forecasted to grow at a CAGR of 6.7% between 2024 and 2031, showing strong growth momentum

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