Summary
The global Laboratory Equipment And Disposables Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview
Laboratory Equipment and Disposables are used in laboratories for various purposes. From growing cell cultures in bioreactors to testing a product's ability to kill cancer cells in a dish, these are the tools that make the process of science possible. The latest models of these items are very expensive and the ones available in the market must be preserved well in order to meet the needs of a laboratory. The global laboratory equipment and disposables market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global laboratory equipment and disposables market is expected to witness significant growth during the forecast period, owing to increase in the number of diagnostic lab procedures.
Market Drivers
Technological advancements in diagnostic laboratories are expected to drive growth of the global laboratory equipment and disposables market during the forecast period. Key players are focused on product launches, in order to enhance the market presence and gain significant advantages. For instance, in June 2020, AMSBIO launched a range of ready-to-use SARS-CoV-2 Spike protein-coupled magnetic beads that combine convenience, minimum non-specific binding, and developed operational protocols. Thus, such factors are expected to drive growth of the global laboratory equipment and disposables market during the forecast period. Furthermore, increase in the number of diagnostic lab procedures is expected to propel the global laboratory equipment and disposables market growth over the forecast period.
Market Restraint
High cost associated with technologically advanced laboratory equipment is expected to hinder the global laboratory equipment and disposables market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global laboratory equipment and disposables market during the forecast period. This is owing to the presence of major market players such as Agilent Technologies, IBM Merge Healthcare, and Bio-Rad Laboratories in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to increasing disposable income and growing awareness regarding disease prevention.
Competitive Section
Key players involved in the global laboratory equipment and disposables market are Agilent Technologies, Sysmex Corporation, Siemens Healthineers, IBM Merge Healthcare, Bruker, Danaher, Waters, Thermo Fisher Scientific, AT&T Corporation, and Bio-Rad Laboratories.
For instance, in September 2020, Waters Corporation inaugurated a new research laboratory Immerse Cambridge, in Massachusetts, U.S.
The Laboratory Equipment And Disposables Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Laboratory Equipment And Disposables Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Agilent Technologies
- Bio-Rad Laboratories
- Bruker
- Danaher
- Fujifilm Irvine Scientific
- PerkinElmer
- Sartorius
- Shimadzu
- Thermo Fisher Scientific
- Waters
- Siemens Healthineers
- Sysmex Corporation
- A&T Corporation
- IBM Merge Healthcare
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Food & Pharmaceutical
- Petroleum & Chemical
- Others
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Laboratory Equipment And Disposables Market Report:
- To assess the size of the market by value and volume
- Analyze the Laboratory Equipment And Disposables Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Laboratory Equipment And Disposables Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Laboratory Equipment And Disposables Market
The Laboratory Equipment And Disposables Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Laboratory Equipment And Disposables Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Request Discount 
Inquire Before Buy
