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Laboratory Analytical Instrument Trends and Forecast
The future of the global laboratory analytical instrument market looks promising with opportunities in the hospitals, diagnostic laboratories, pharmaceutical, and biotechnology markets. The global laboratory analytical instrument market is expected to reach an estimated $74.2 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are improves efficiency and saves time due to automation system and growing access to healthcare and the incidence of chronic illnesses.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Laboratory Analytical Instrument by Segment
The study includes a forecast for the global laboratory analytical instrument by type, application, end use industry, and region.
Laboratory Analytical Instrument Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Element Analysis
• Separation Analysis
• Molecular Analysis
Laboratory Analytical Instrument Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Research
• Clinical
• Diagnostic
• Others
Laboratory Analytical Instrument Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Diagnostic Laboratories
• Pharmaceutical
• Biotechnology
• Others
Laboratory Analytical Instrument Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Laboratory Analytical Instrument Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laboratory analytical instrument companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laboratory analytical instrument companies profiled in this report include-
• Agilent Technologies
• Waters
• Thermo Fisher
• Perkinelmer
• Danaher
Laboratory Analytical Instrument Market Insights
Lucintel forecasts that research is expected to witness the highest growth over the forecast period due to market ismostly reliant on the output and investment in research of sectors like biotechnology and pharmaceuticals.
North America is expected to witness highest growth over the forecast period due tostrong potential for research and development and a cutting edge in terms of technology.
Features of the Global Laboratory Analytical Instrument Market
Market Size Estimates: Laboratory analytical instrument market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Laboratory analytical instrument market size by type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Laboratory analytical instrument market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use industry, and regions for the laboratory analytical instrument market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laboratory analytical instrument market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for laboratory analytical instrument market?
Answer: The global laboratory analytical instrument market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the laboratory analytical instrument market?
Answer: The major drivers for this market are improves efficiency and saves time due to automation system and growing access to healthcare and the incidence of chronic illnesses.
Q3. What are the major segments for laboratory analytical instrument market?
Answer: The future of the laboratory analytical instrument market looks promising with opportunities in the hospitals, diagnostic laboratories, pharmaceutical, and biotechnology markets.
Q4. Who are the key laboratory analytical instrument market companies?
Answer: Some of the key laboratory analytical instrument companies are as follows:
• Agilent Technologies
• Waters
• Thermo Fisher
• Perkinelmer
• Danaher
Q5. Which laboratory analytical instrument market segment will be the largest in future?
Answer: Lucintel forecasts that research is expected to witness the highest growth over the forecast period due to market is mainly dependent upon the performance and research spending of industries such as biotechnology and pharmaceuticals.
Q6. In laboratory analytical instrument market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to the presence of major market players in this region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the laboratory analytical instrument market by type (element analysis, separation analysis, and molecular analysis), application (research, clinical, diagnostic, and others), end use industry (hospitals, diagnostic laboratories, pharmaceutical, biotechnology, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Laboratory Analytical Instrument Market, Laboratory Analytical Instrument Market Size, Laboratory Analytical Instrument Market Growth, Laboratory Analytical Instrument Market Analysis, Laboratory Analytical Instrument Market Report, Laboratory Analytical Instrument Market Share, Laboratory Analytical Instrument Market Trends, Laboratory Analytical Instrument Market Forecast, Laboratory Analytical Instrument Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Laboratory Analytical Instrument Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Laboratory Analytical Instrument Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Laboratory Analytical Instrument Market by Type
3.3.1: Element Analysis
3.3.2: Separation Analysis
3.3.3: Molecular Analysis
3.4: Global Laboratory Analytical Instrument Market by Application
3.4.1: Research
3.4.2: Clinical
3.4.3: Diagnostic
3.4.4: Others
3.5: Global Laboratory Analytical Instrument Market by End Use Industry
3.5.1: Hospitals
3.5.2: Diagnostic Laboratories
3.5.3: Pharmaceutical
3.5.4: Biotechnology
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Laboratory Analytical Instrument Market by Region
4.2: North American Laboratory Analytical Instrument Market
4.2.2: North American Laboratory Analytical Instrument Market by End Use Industry: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, and Others
4.3: European Laboratory Analytical Instrument Market
4.3.1: European Laboratory Analytical Instrument Market by Application: Research, Clinical, Diagnostic, and Others
4.3.2: European Laboratory Analytical Instrument Market by End Use Industry: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, and Others
4.4: APAC Laboratory Analytical Instrument Market
4.4.1: APAC Laboratory Analytical Instrument Market by Application: Research, Clinical, Diagnostic, and Others
4.4.2: APAC Laboratory Analytical Instrument Market by End Use Industry: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, and Others
4.5: ROW Laboratory Analytical Instrument Market
4.5.1: ROW Laboratory Analytical Instrument Market by Application: Research, Clinical, Diagnostic, and Others
4.5.2: ROW Laboratory Analytical Instrument Market by End Use Industry: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Laboratory Analytical Instrument Market by Type
6.1.2: Growth Opportunities for the Global Laboratory Analytical Instrument Market by Application
6.1.3: Growth Opportunities for the Global Laboratory Analytical Instrument Market by End Use Industry
6.1.4: Growth Opportunities for the Global Laboratory Analytical Instrument Market by Region
6.2: Emerging Trends in the Global Laboratory Analytical Instrument Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Laboratory Analytical Instrument Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Laboratory Analytical Instrument Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Agilent Technologies
7.2: Waters
7.3: Thermo Fisher
7.4: PerkinElmer
7.5: Danaher
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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