Overview of Global Scientific and Laboratory Equipment Market:
The Global Scientific and Laboratory Equipment Market is accounted for USD 35,734.13 Million in 2020 and is expected to reach USD 64,493.84 Million by 2028 growing at a CAGR of 7.66% from 2021 to 2028.
According to the market report analysis, the Scientific and Laboratory Equipment are basically the devices used for used for various scientific purposes, including the study of both natural phenomena and theoretical research.
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Some of the most important key factors driving the growth of the Global Scientific and Laboratory Equipment Market are prevalence of chronic diseases, increasing demand for the scientific and laboratory equipment in applications such as genetic testing, endocrinology, haematology, microbiology, biochemistry, among others.
The Global Scientific and Laboratory Equipment Market is segmented on the basis of Type, Product, Application and End-User. Based on Type, the scientific and laboratory equipment market is segmented into analytical equipment, general equipment, support equipment and specialty equipment. By Product, the scientific and laboratory equipment market is segregated into autoclaves, incubators, centrifuges, spectrometers, sonicators, scopes, and others. By Applications, the scientific and laboratory equipment market is bifurcated into genetic testing, endocrinology, haematology, microbiology, biochemistry, and others. Based on End-User, the scientific and laboratory equipment market is bifurcated into diagnostic laboratories, hospitals and clinics, and others.
In terms of the geographic analysis, North America is projected to dominate the Scientific and Laboratory Equipment Market due to the advanced technology and healthcare infrastructure within the region. On the other hand, APAC is anticipated to have a fastest growth rate in the forecast period of 2021 to 2028 due to the increasing investments in pharmaceutical research and the prevalence of chronic diseases within this region.
Global Scientific and Laboratory Equipment Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Scientific and Laboratory Equipment Market
2 To analyze and forecast the size of the Scientific and Laboratory Equipment Market, in terms of value and volume
3 To analyze opportunities in the Scientific and Laboratory Equipment Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Scientific and Laboratory Equipment Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Scientific and Laboratory Equipment Market
Top Leading Key Manufacturers are: SP Bel-Art, Bellco Glass, GMB Cooperation, CitotestLabware Manufacturing Co., Ltd., TESCAN ORSAY HOLDING, rxchemicals, Kewaunee International Group, ITSI-Biosciences, LLC, Maalab Science, F. Hoffmann-La Roche Ltd, CHEMGLASS, Cole-Parmer Instrument Company, LLC, CoorsTek Inc., Corning Incorporated, DWK Life Sciences GmbH, CitotestLabware Manufacturing Co., Ltd, VITLAB GmbH, Heal Force, SRICO, JaincoLab, AESICOLABS, ACMAS Technologies (P) Ltd, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD, and Advance Scientific Equipment Pvt. Ltd., and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Scientific and Laboratory Equipment in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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