Overview
The laboratory equipment market is projected to grow by US$58,960 Million by 2025 rapidly at a CAGR of 7.3% throughout the forecast period. Increasing research activities as well as rising need for accurate diagnosis drive the global laboratory equipment market. These key growth drivers have incredibly helped the laboratory equipment market and are estimated to boost the growth. Analysts studying the laboratory equipment market have also shared growth projections in the laboratory equipment market research report and have suggested laboratory equipment market-based companies to develop growth strategies. Lack of laboratory setups and shifting trends are the challenges that companies across the laboratory equipment market could face. The details covered in the laboratory equipment market report cover all the aspects of the industry.
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Market Segmentation
The global laboratory equipment market has been segmented based on application, product type, and end-users. On the basis of application, the market for laboratory equipment is segmented based on endocrinology, genetic testing, microbiology, biochemistry, and others. Additionally, the market on the basis of product type, is segmented into autoclaves, centrifuges, scopes, sonicators, spectrometers, incubators, others. The global market for laboratory equipment is also covered based on the end-users segment which is further split into hospitals and clinics, others.
Factors like growing technological advancements and growing support by the government and private companies propel the laboratory equipment market growth. The laboratory equipment market performance has also been studied. The laboratory equipment market report provides analysis of past and current trends. In addition to this, the laboratory equipment market report offers detailed analysis of application, product type, and end-users segments. The market segmental analysis provided in the laboratory equipment market research report offers crucial details about the laboratory equipment market based on the data and forecasts till 2025.
Regional Analysis
The Americas, the Middle East & Africa (MEA), Asia Pacific (APAC), and Europe are major regions covered in the global laboratory equipment market report.
The Americas held the largest share in 2018 due to various technological breakthroughs as well as establishment of various laboratories for research and development purposes. Funding granted or allocated by private firms or public institutes is expected to drive the regional market growth. New product launches and innovations can spur the global laboratory equipment market demand.
APAC can experience a massive demand from the global laboratory equipment market due to large cases of chronic diseases and susceptibility of the geriatric populace. It can exhibit a robust CAGR during the forecast period due to improved standards for testing and procurement of technologically advanced equipment. Large number of contract research organizations and increasing number of R&D activities can drive the regional market demand.
Competitive Landscape
The laboratory equipment market is corroborated by mergers and acquisitions by major players . The population growth as well as increasing demand of laboratory equipment market based solutions also accelerate the market growth. However, the laboratory equipment market can be affected due to the rise of point of care diagnosis as well as lack of awareness. The laboratory equipment market research report covers all such factors assisting companies in the laboratory equipment market to improve their plans and portfolio. The laboratory equipment market research report also provides company profiles of major businesses. The laboratory equipment market report highlights crucial details about organizations operating across North America, Europe, Asia-Pacific (APAC), and the rest of the world regional markets. The details available in the laboratory equipment market report cover company strategies, revenue, company size, and mergers and acquisitions in the laboratory equipment market. New entrants as well as established organizations can use the data from laboratory equipment market report to further plan their strategies.
Key Players
Some of the key players in the global laboratory equipment market are Agilent Technologies, Inc. (US), BD (US), Beckman Coulter, Inc. (US), Bio-Rad Laboratories, Inc. (US), Bruker (US), Eppendorf AG (Germany), F. Hoffmann LA-Roche AG (Switzerland), PerkinElmer Inc. (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (US), and Waters (US), among others.
Table of Contents
- EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Laboratory Equipment Market, by Product Type
1.1.2. Global Laboratory Equipment Market, by Application
1.1.3. Global Laboratory Equipment Market, by End User
- MARKET INTRODUCTION
2.1. Definition
2.2. Scope of the Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
- RESEARCH METHODOLOGY
3.1. Overview
3.2. Data Mining
3.3. Secondary Research
3.4. Primary Research
3.5. Breakdown of Primary Respondents
3.6. Forecasting Techniques
3.7. Research Methodology for Market Size Estimation
3.8. Bottom-Up Approach
3.9. Top-Down Approach
3.10. Data Triangulation
3.11. Validation
- MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
- MARKET FACTOR ANALYSIS
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power of Suppliers
5.1.2. Bargaining Power of Buyers
5.1.3. Threat of New Entrants
5.1.4. Threat of Substitutes
5.1.5. Intensity of Rivalry
5.2. Value Chain Analysis
5.2.1. R&D and Designing
5.2.2. Manufacturing
5.2.3. Distribution & Sales
5.2.4. Post Sales Services
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