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Life Science Instrumentation Market Predicted to Reach US $85.1 Billion by 2022
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North America and Europe are likely to be the dominant regional contributors to the global life science instrumentation market in the coming years due to the strong government support to the life sciences sector in developed regions such as the U.S., Canada, and Western Europe. The North America and Europe markets for life science instrumentation are likely to rise to a valuation of US$28 bn and US$23.4 bn, respectively, by 2022.
Asia Pacific countries such as China are also likely to play a key role in development of the global life science instrumentation market in the coming years due to the rising realization of the utility of the life sciences sector in improving the indigenous healthcare sector and the high commercial potential oft eh sector. The APEJ market is thus likely to exhibit the highest CAGR of 8.6% over the 2017-2022 forecast period and is expected to rise to a valuation of US$19.2 bn by 2022.
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Key players profiled in the report include Becton, Dickinson, and Company, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Perkinelmer Inc., GE Healthcare, Merck KGaA, Bruker Corporation, Hitachi High-Technologies Corporation, Eppendorf AG, and Shimadzu Corporation.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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