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Global Life Sciences Instrumentation and Research Tools Market, Forecast to 2023

Global Life Sciences Instrumentation and Research Tools Market, Forecast to 2023

The global life sciences instrumentation and research tools market is currently going through a transformation driven by ongoing market consolidation and technological innovation. Over the past five years, the industry has witnessed more than 50 mergers and acquisitions (M&A), which have resulted in a market consolidation at the top. Most of these M&A have been focused on expanding product portfolio and strengthening geographic presence, as large companies are increasingly looking to extend their dominance in this high-growth market. Our research predicts the market to reach a size of more than $80 billion by 2023, consistently growing at an annual rate of 5.0%. While government and academic funding in developed markets have slowed down, spending prospects from the private sector (especially the biopharmaceutical industry) look promising. On the other end, in the developing countries, increased research expenditure from governments is expected to drive market growth.

In terms of segments, genomics surpassed proteomics in 2016 to become the leading business segment, on the back of technological revolution in the next-generation sequencing (NGS) and digital PCR segment. Democratization of NGS platforms and solutions will support strong growth of the genomics segment during the forecast period (2018-2023). Growing automation and analytics application is likely to bring in the much-needed efficiency in lab operations, and so we expect a decline in the average spending on reagents and consumables in the long term.

Research Highlights
The objective of this research study is to consider and analyze key market developments and present an objective market picture to the readers. This research publication covers key trends and opportunities in the global life sciences instrumentation and research tools market. It provides qualitative market insights on various market segments (including genomics, proteomics, cell-based analysis, lab equipment and supplies). This report identifies existing gaps in product and service offerings of key players across segments, and the disruptive technologies. Emerging shift in business models such as digitalization and eCommerce are also covered comprehensively. Further, this study analyzes the impact of consolidation in the pharmaceutical industry on the vendors in this market. Additionally, it delves into market growth and forecasts for key geographies (NA, Europe, and APAC) and instrument products (NGS, PCR, mass spectrometry, flow cytometer, and microarrays).

Key Issues Addressed
What is the market size and growth forecast for different business segments and sub-segments?
What is the future of the connected lab concept? What developments are expected in this space?
Who are the key competitors in this market? How does the competitive landscape look like?
What are the key growth opportunities for existing companies and new entrants in this market?
What changes are required from companies in their business model to sustain this transformation?
How instrumentation companies can use big data analytics and informatics to predict these shifts in preferences and take business decisions accordingly?


  • Methodology
  • Executive Summary
    • Key Findings
    • Scope and Segmentation
    • Key Questions this Study will Answer
    • Market Engineering Measurements
    • CEO's Perspective
    • 3 Big Predictions
    • Strategic Imperatives for Growth
  • Market Definition and Overview
    • Market Definition
    • Market Overview and Landscape
  • Drivers and Restraints—Total Life Sciences Instrumentation and Research Tools Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Key Market Trends and Their Business Impact
    • Global Life Sciences Instrumentation and Research Tools Market—Key Trends and Impact on Business
    • Global Life Sciences Instrumentation and Research Tools Market—Key Trends Explained
  • Market Forecast and Trends
    • Market Engineering Measurements
      • Table Total Life Sciences Instrumentation and Research Tools Market: Market Engineering Measurements, Global, 2017
    • Revenue Forecast Assumption
    • Revenue Forecast
      • Table Total Life Sciences Instrumentation and Research Tools Market: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Competitive Environment
    • Market Share Analysis
    • Competitive Environment
    • Competitive Factors Assessment
    • Competitive Landscape and Benchmarking
    • Key Companies to Watch
    • Life Sciences Instruments and Research Tools Ecosystem
    • M&A Analysis
    • Preferred Instrument Vendors by Segments
    • Preferred Equipment Vendors by Segments
    • Preferred Reagents and Kits Vendors by Segments
    • Preferred General Lab Suppliers Vendors by Customer Segment
  • Growth Opportunities, Strategies and Implementation Recommendation
    • Growth Opportunity 1—Informatics and Analytics
    • Growth Opportunity 2—Connected and Smart Labs
    • Connected Lab Ecosystem
    • Connected Lab Solutions (Internet of Lab Things (IoLT))— Implementation Journey
    • Growth Opportunity 3—CRISPR Solutions
    • Key Market Opportunities
    • Growth Opportunity 4—Single Cell Biology and Microbiome Analysis Solutions
    • Growth Opportunity 5—Portable Instruments
    • Key Market Opportunities
    • Growth Opportunity 6—Growth in Emerging Markets (India and China)
  • Market Forecast by Key Business Segments— Genomics Analysis Segment
    • Market Engineering Measurements
      • Table Genomics Analysis Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Genomics Analysis Segment: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Market Forecast by Key Business Segments— Proteomics Analysis Segment
    • Market Engineering Measurements
      • Table Proteomics Analysis Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Proteomics Analysis Segment: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Market Forecast by Key Business Segments— Cell-Based Analysis
    • Market Engineering Measurements
      • Table Cell-Based Analysis Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Cell-Based Analysis Segment: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Market Forecast by Key Business Segments— General Lab Equipment Segment
    • Market Engineering Measurements
      • Table General Lab Equipment Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table General Lab Equipment Segment: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Market Forecast by Key Business Segments—Lab Supplies, Disposables and Other Products Segment
    • Market Engineering Measurements
      • Table Lab Supplies, Disposables and Other Products Segment: Market Engineering Measurements, Global, 2017
    • Revenue Forecast
      • Table Lab Supplies, Disposables and Other Products Segment: Revenue Forecast, Global, 2016–2023
    • Revenue Forecast Discussion
  • Market Forecast by Key Geographies
    • Total Life Sciences Instrumentation and Research Tools Market—Percent Revenue Forecast by Region
    • North America—Market Engineering Measurements
      • Table Life Sciences Instrumentation and Research Tools Market: Market Engineering Measurements, North America, 2017
    • North America—Revenue Forecast
      • Table Life Sciences Instrumentation and Research Tools Market: Revenue Forecast, North America, 2016–2023
    • North America—Revenue Forecast Discussion
    • Europe—Market Engineering Measurements
      • Table Life Sciences Instrumentation and Research Tools Market: Market Engineering Measurements, Europe, 2017
    • Europe—Revenue Forecast
      • Table Life Sciences Instrumentation and Research Tools Market: Revenue Forecast, Europe, 2016–2023
    • Europe—Revenue Forecast Discussion
    • APAC—Market Engineering Measurements
      • Table Life Sciences Instrumentation and Research Tools Market: Market Engineering Measurements, APAC, 2017
    • APAC—Revenue Forecast
      • Table Life Sciences Instrumentation and Research Tools Market: Revenue Forecast, APAC, 2016–2023
    • APAC—Revenue Forecast Discussion
  • Market Forecast by Key Instruments Segments
    • NGS Instruments and Reagents Segment—Market Engineering Measurements
      • Table NGS Instruments and Reagents Segment: Market Engineering Measurements, Global, 2017
    • NGS Instruments and Reagents Segment—Revenue Forecast
      • Table NGS Instruments and Reagents Segment: Revenue Forecast, Global, 2016–2023
    • NGS Equipment and Reagents Segment—Revenue Forecast Discussion
    • PCR and Digital PCR Instruments and Reagents Segment—Market Engineering Measurements
      • Table PCR and Digital PCR Instruments and Reagents Segment: Market Engineering Measurements, Global, 2017
    • PCR and Digital PCR Instruments and Reagents Segment—Revenue Forecast
      • Table PCR and Digital PCR Instruments and Reagents Segment: Revenue Forecast, Global, 2016–2023
    • PCR and Digital PCR Instruments and Reagents Segment—Revenue Forecast Discussion
    • Mass Spectrometry Instruments and Reagents Segment—Market Engineering Measurements
      • Table Mass Spectrometry Instruments and Reagents Segment: Market Engineering Measurements, Global, 2017
    • Mass Spectrometry Instruments and Reagents Segment—Revenue Forecast
      • Table Mass Spectrometry Instruments and Reagents Segment: Revenue Forecast, Global, 2016–2023
    • Mass Spectrometry Instruments and Reagents Segment—Revenue Forecast Discussion
    • Flow Cytometer Instruments and Reagents Segment— Market Engineering Measurements
      • Table Flow Cytometer Instruments and Reagents Segment: Market Engineering Measurements, Global, 2017
    • Flow Cytometer Instruments and Reagents Segment
      • Table Flow Cytometer Instruments and Reagents Segment: Revenue Forecast, Global, 2016–2023
    • Flow Cytometer Instruments and Reagents Segment— Revenue Forecast Discussion
    • Microarray Instruments and Reagents Segment—Market Engineering Measurements
      • Table Microarray Instruments and Reagents Segment: Market Engineering Measurements, Global, 2017
    • Microarray Instruments and Reagents Segment— Revenue Forecast
      • Table Microarray Instruments and Reagents Segment: Revenue Forecast, Global, 2016–2023
    • Microarray Instruments and Reagents Segment— Revenue Forecast Discussion
  • Life Sciences Instrumentation and Research Tools Market—Breakdown by Client Segments
    • Percent Revenue Forecast by Client Segments
    • Percent Revenue Forecast by Client Segments Discussion
  • Life Sciences Instrumentation and Research Tools Market—Breakdown by Products
    • Percent Revenue Forecast by Products
    • Percent Revenue Forecast by Products Discussion
  • New Business Models and Adoption of Digital Platforms
    • Change in Workflow Management—Current Challenges
    • Digital Workflow Management—Smart Labs
    • Digital Workflow Management—Competitive Ecosystem
    • Digital Workflow Management—Questions to be Answered?
    • Evolution of Business Models—Product as a Solution
    • Drivers for eCommerce Model Adoption
    • Future of Digital Customer Lifecycle
    • eCommerce—Life Sciences Research Customer Lifecycle
    • eCommerce Channels—Role of Product and Content Aggregator Websites
    • Drivers for eCommerce Model Adoption
    • Different eCommerce Models
    • Consolidation in Pharmaceutical Industry and Its Impact on the Life Sciences Instrumentation Industry
  • The Last Words
  • Appendix
    • Market Engineering Methodology

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