Laboratory Equipment and Disposables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Laboratory Equipment and Disposables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global laboratory equipment and disposables market size reached US$ 35.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
Laboratory equipment refers to devices and tools used by professionals and students working in a laboratory. They consist of laminar flow hoods, centrifuges, incubators, scopes, micromanipulation systems, homogenizers, sterilizers, and autoclaves. On the other hand, laboratory disposables are one-time-use products that help prevent contamination in laboratories. Tubes, cuvettes, dishes, gloves, masks, pipettes, and tips are some of the commonly used disposables during clinical testing. Laboratory equipment and disposables are widely used to store, collect, and process specimens as they assist in improving the efficiency of testing and avoiding laboratory mishaps. Consequently, they find extensive applications in clinical diagnostic, pathology, research, microbiology, and educational labs to carry out research, scientific experiments, and execute analyses of different scientific materials.
Laboratory Equipment and Disposables Market Trends:
The increasing number of clinical diagnostic procedures due to the rising prevalence of various infectious diseases across the globe is creating a positive outlook for the market. Laboratory equipment and disposables, such as homogenizers and spectrophotometers, are used for treating and diagnosing diseases, such as AIDS, tuberculosis, and hepatitis. In line with this, the escalating demand for improved safety procedures across all forms of research facilities is favoring the market growth. Laboratory equipment and disposables reduce the risk of exposure to corrosive and toxic materials, flammable solvents, high-pressure gases, explosive chemicals, and dangerous microbes, thus supporting the market growth. Apart from this, various product innovations, such as the introduction of sustainable and eco-friendly equipment, along with the launch of eco-drying glassware and biological safety cabinets, are providing a thrust to the market growth. Other factors, including extensive research and development (R&D) activities, improving diagnostic facilities, and the implementation of various government initiatives to establish laboratories in hospitals, are anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laboratory equipment and disposables market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and end use.
Breakup by Product Type:
Equipment
Incubators
Laminar Flow Hood
Micro Manipulation Systems
Centrifuges
Lab Air Filtration System
Scopes
Sonicators and Homogenizers
Autoclaves and Sterilizers
Spectrophotometers and Microarray Equipment
Others
Disposables
Pipettes
Tips
Tubes
Cuvettes
Dishes
Gloves
Masks
Cell Imaging Consumables
Cell Culture Consumables
Breakup by End Use:
Hospitals
Laboratories
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agilent Technologies Inc., Bio-Rad Laboratories Inc., Bruker Corporation, FUJIFILM Irvine Scientific Inc (FUJIFILM Holdings Corporation), PerkinElmer Inc., Sartorius AG, Shimadzu Scientific Instruments Incorporated (Shimadzu Corporation), Siemens Healthcare GmbH (Siemens AG), Sysmex Corporation, Thermo Fisher Scientific Inc. and Waters Corporation.
Key Questions Answered in This Report
1. What was the size of the global laboratory equipment and disposables market in 2022?
2. What is the expected growth rate of the global laboratory equipment and disposables market during 2023-2028?
3. What are the key factors driving the global laboratory equipment and disposables market?
4. What has been the impact of COVID-19 on the global laboratory equipment and disposables market?
5. What is the breakup of the global laboratory equipment and disposables market based on the product type?
6. What is the breakup of the global laboratory equipment and disposables market based on the end use?
7. What are the key regions in the global laboratory equipment and disposables market?
8. Who are the key players/companies in the global laboratory equipment and disposables market?
The global laboratory equipment and disposables market size reached US$ 35.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
Laboratory equipment refers to devices and tools used by professionals and students working in a laboratory. They consist of laminar flow hoods, centrifuges, incubators, scopes, micromanipulation systems, homogenizers, sterilizers, and autoclaves. On the other hand, laboratory disposables are one-time-use products that help prevent contamination in laboratories. Tubes, cuvettes, dishes, gloves, masks, pipettes, and tips are some of the commonly used disposables during clinical testing. Laboratory equipment and disposables are widely used to store, collect, and process specimens as they assist in improving the efficiency of testing and avoiding laboratory mishaps. Consequently, they find extensive applications in clinical diagnostic, pathology, research, microbiology, and educational labs to carry out research, scientific experiments, and execute analyses of different scientific materials.
Laboratory Equipment and Disposables Market Trends:
The increasing number of clinical diagnostic procedures due to the rising prevalence of various infectious diseases across the globe is creating a positive outlook for the market. Laboratory equipment and disposables, such as homogenizers and spectrophotometers, are used for treating and diagnosing diseases, such as AIDS, tuberculosis, and hepatitis. In line with this, the escalating demand for improved safety procedures across all forms of research facilities is favoring the market growth. Laboratory equipment and disposables reduce the risk of exposure to corrosive and toxic materials, flammable solvents, high-pressure gases, explosive chemicals, and dangerous microbes, thus supporting the market growth. Apart from this, various product innovations, such as the introduction of sustainable and eco-friendly equipment, along with the launch of eco-drying glassware and biological safety cabinets, are providing a thrust to the market growth. Other factors, including extensive research and development (R&D) activities, improving diagnostic facilities, and the implementation of various government initiatives to establish laboratories in hospitals, are anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laboratory equipment and disposables market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and end use.
Breakup by Product Type:
Equipment
Incubators
Laminar Flow Hood
Micro Manipulation Systems
Centrifuges
Lab Air Filtration System
Scopes
Sonicators and Homogenizers
Autoclaves and Sterilizers
Spectrophotometers and Microarray Equipment
Others
Disposables
Pipettes
Tips
Tubes
Cuvettes
Dishes
Gloves
Masks
Cell Imaging Consumables
Cell Culture Consumables
Breakup by End Use:
Hospitals
Laboratories
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agilent Technologies Inc., Bio-Rad Laboratories Inc., Bruker Corporation, FUJIFILM Irvine Scientific Inc (FUJIFILM Holdings Corporation), PerkinElmer Inc., Sartorius AG, Shimadzu Scientific Instruments Incorporated (Shimadzu Corporation), Siemens Healthcare GmbH (Siemens AG), Sysmex Corporation, Thermo Fisher Scientific Inc. and Waters Corporation.
Key Questions Answered in This Report
1. What was the size of the global laboratory equipment and disposables market in 2022?
2. What is the expected growth rate of the global laboratory equipment and disposables market during 2023-2028?
3. What are the key factors driving the global laboratory equipment and disposables market?
4. What has been the impact of COVID-19 on the global laboratory equipment and disposables market?
5. What is the breakup of the global laboratory equipment and disposables market based on the product type?
6. What is the breakup of the global laboratory equipment and disposables market based on the end use?
7. What are the key regions in the global laboratory equipment and disposables market?
8. Who are the key players/companies in the global laboratory equipment and disposables market?
Table of Contents
116 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Laboratory Equipment and Disposables Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product Type
- 6.1 Equipment
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Incubators
- 6.1.2.2 Laminar Flow Hood
- 6.1.2.3 Micro Manipulation Systems
- 6.1.2.4 Centrifuges
- 6.1.2.5 Lab Air Filtration System
- 6.1.2.6 Scopes
- 6.1.2.7 Sonicators and Homogenizers
- 6.1.2.8 Autoclaves and Sterilizers
- 6.1.2.9 Spectrophotometers and Microarray Equipment
- 6.1.2.10 Others
- 6.1.3 Market Forecast
- 6.2 Disposables
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Pipettes
- 6.2.2.2 Tips
- 6.2.2.3 Tubes
- 6.2.2.4 Cuvettes
- 6.2.2.5 Dishes
- 6.2.2.6 Gloves
- 6.2.2.7 Masks
- 6.2.2.8 Cell Imaging Consumables
- 6.2.2.9 Cell Culture Consumables
- 6.2.3 Market Forecast
- 7 Market Breakup by End Use
- 7.1 Hospitals
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Laboratories
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
- 9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
- 10 Value Chain Analysis
- 11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
- 12 Price Analysis
- 13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Agilent Technologies Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Bio-Rad Laboratories Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Bruker Corporation
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 FUJIFILM Irvine Scientific Inc (FUJIFILM Holdings Corporation)
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 PerkinElmer Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Sartorius AG
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Shimadzu Scientific Instruments Incorporated (Shimadzu Corporation)
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Siemens Healthcare GmbH (Siemens AG)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Sysmex Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Thermo Fisher Scientific Inc.
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Waters Corporation
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
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