Laboratory Supplies Market Size, Share & Trends Analysis Report By Product (Equipment (Autoclaves & Sterilizers, Spectrophotometer & Microarray Equipment), Disposables (Tubes, Masks)), By Region, And Segment Forecasts, 2022 - 2030

Report Overview

全球实验室用品市场规模是瓦尔乐鱼体育手机网站入口ued at USD 34.7 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.6% during the forecast period. The market is majorly driven by the rise in funding and investment in R&D activities in the field of pharmaceutical and biotechnology. The market is expected to grow at a steady rate in the coming years owing to the continuous and stable supply of laboratory equipment. The COVID-19 pandemic had resulted in an increase in research pertaining to coronavirus. However, labs researching other diseases pre-pandemic were shut down as the major goal of the lockdown was to avoid close contact with others, which led to low demand for lab supplies. According to Stat News, many researchers have stated that widespread and lengthy shutdowns had significant implications on the pace of other scientific discoveries. Some of the initial disruptions have increased the workload on CROs or reduced the internal lab testing capacities of biopharmaceutical firms.

The demand for laboratory products is rising due to technological advancements in the field of chemical and biological research. The increasing volume of clinical laboratory tests and life science research investigations is driving the demand for laboratory disposable products. The market is also projected to gain continuous demand for a constant supply of key laboratory devices and equipment among procurement managers in the pharmaceutical and healthcare sectors.

Laboratories need a range of equipment & instruments to run tests and research studies. General lab equipment & instruments can be found in educational labs, research labs, quality assurance, diagnostic testing in medical labs, R&D, manufacturing, and others. The use of laboratory equipment allows faster analyses that add value to the laboratory itself by increasing the capacity of the instruments, thus letting it perform more tests every day. The faster procedures may even allow testing to be combined onto fewer instruments that can decrease maintenance, consumables, need for regulatory documentation, and overall costs.

Technology trends are also improving laboratory capabilities. Innovative technologies and procedures allow laboratory technicians and scientists to work more accurately and efficiently than ever before. Automation, miniaturization,artificial intelligence, and smart technology are becoming real-world, streamlining life in the lab. Concurrently, the pressure to deliver results quickly is also increasing. Hence, laboratories must be fast and agile. For laboratory managers, a key way to increase efficiency is by improving the purchasing process. The lab suppliers are also trying to make the product selection and ordering processes simpler.

Technological advancements in laboratory equipment are also driving its adoption. Modern laboratory instruments have interfaces that make their operation easy for users. BrandTech Scientific, Inc. provides an electronic pipette with touchscreen operation & automatic tip ejection. This has a screen that works like a smartphone, letting users access functions with a simple swipe.

Product Insights

The equipment segment accounted for the largest share of over 63.4% in 2021. The segment consists of incubators, centrifuges, laminar hoods, air filtration systems, microscopes, etc., and each product has a very crucial role when carrying out research on cell or tissue culture, which is essential to studying drug toxicology, oncology therapies, and personalized medicine. The equipment segment is the largest owing to the high equipment costs resulting in one-time installments for many years. With the help of the equipment, process controls, experiments, and quality assurance are carried out. It serves for quick capture and orientation in different categories.

Scientific institutions such as laboratories, research centers, and companies need quality laboratory equipment to perform a variety of tests, studies, and experiments. The results of these activities depend upon the quality, strength, and durability of the equipment. They aid to offer accurate results and also improve work efficiency. This is eventually creating demand for the equipment and boosting the market growth.

Regional Insights

North America accounted for the largest share of more than 37.5% in 2021. This is attributed to the presence of several biopharmaceutical and pharmaceutical firms engaged in R&D. In addition, an increase in the number of grants, such as the National Institute of Health (NIH), to enhance research activities provided by government establishments is anticipated to boost the market growth. The quality and track record of firms that have operated in the region are believed to attract further investments for research during the forecast period.

The biopharmaceutical industry is one of the region’s leading sectors in terms of funding research. Many companies are focusing on the development of new leads and storing an enormous amount of samples, thereby creating demand for these products. Furthermore, a large number of companies are engaged in the development of therapeutics and vaccines due to the outbreak of coronavirus, hence boosting the market growth.

Key Companies & Market Share Insights

Key players in the laboratory supplies market are introducing new products with advanced features and technologies that ease the operation of samples. There is a trend for smaller and easy-to-use instruments with built-in connectivity. In the same vein, Double Helix launched a module for widefield microscopes that allow 3D visualization of both the intercellular and intracellular at a nanoscale level. Some prominent players in the global laboratory supplies market include:

• Bio-Rad Laboratories, Inc.

• Bruker Corporation

• Danaher Corporation

• Fujifilm Holdings Corporation (Irvine Scientific Sales Company, Inc.).

• Agilent Technologies Inc.

• PerkinElmer Inc.

• Sartorius AG

• Shimadzu Corporation

• Thermo Fisher Scientific, Inc.

• Waters Corporation

Laboratory Supplies MarketReport Scope

Report Attribute	Details
Market size value in 2022	USD 38.2 billion
Revenue forecast in 2030	USD 68.8 billion
Growth rate	CAGR of 7.6% from 2022 to 2030
Base year for estimation	2021
Historic data	2018 - 2020
Forecast period	2022 - 2030
Quantitative units	Revenue in USD million /billion and CAGR from 2022 to 2030
Report coverage	Revenue forecast, competitive landscape, growth factors, and trends
Segments covered	Product, region
区域范围	北美;欧洲;亚太地区;拉丁美洲; MEA
Country scope	U.S.; Canada; U.K.; Germany; France; Italy; Spain; China; India; Japan; Australia; South Korea; Mexico; Brazil; Argentina; South Africa; Saudi Arabia; UAE
Key companies profiled	Bio-Rad Laboratories, Inc.; Bruker Corporation; Danaher Corporation; Fujifilm Holdings Corporation (Irvine Scientific Sales Company, Inc.); Agilent Technologies Inc.; PerkinElmer Inc.; Sartorius AG; Shimadzu Corporation; Thermo Fisher Scientific, Inc.; Waters Corporation
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional, and segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.Explore purchase options

GlobalLaboratory Supplies MarketSegmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global laboratory supplies market report based on product and region:

• ProductOutlook (Revenue, USD Million, 2018-2030)

  • Equipment

    • Incubators

    • Laminar Flow Hood

    • Micro Manipulation Systems

    • Centrifuges

    • Lab Air Filtration System

    • Scopes

    • Sonicators And Homogenizers

    • Autoclaves And Sterilizers

    • Spectrophotometer And Microarray Equipment

    • Others

  • Disposables

    • Pipettes

    • Tips

    • Tubes

    • Cuvettes

    • Dishes

    • Gloves

    • Masks

    • Cell Imaging Consumables

    • Cell Culture Consumables

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Spain

    • Italy

  • Asia Pacific

    • India

    • Japan

    • China

    • Australia

    • South Korea

  • 拉丁美洲

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • South Africa

    • Saudi Arabia

    • UAE