Global Scientific Instrument Market 2020-2024

Global Scientific Instrument Market 2020-2024

Technavio has been monitoring the scientific instrument market and it is poised to grow by $ 16 billion during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on scientific instrument market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in global R&D investments and growing prevalence of chronic diseases. In addition, increase in global R&D investments is anticipated to boost the growth of the market as well.

The scientific instrument market analysis includes product segment and geographical landscapes

Technavio's scientific instrument market is segmented as below:

By Product

  • Laboratory analytical instruments and consumables
  • Measuring and monitoring devices
By Geographical landscapes
  • North America
  • APAC
  • Europe
  • South America
  • MEA
This study identifies the emergence of innovative products as one of the prime reasons driving the scientific instrument market growth during the next few years.

"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our scientific instrument market covers the following areas:
  • Scientific instrument market sizing
  • Scientific instrument market forecast
  • Scientific instrument market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading scientific instrument market vendors that include ABB Ltd., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Bruker Corp., Danaher Corp., HORIBA Ltd., Oxford Instruments Plc, PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc.. Also, the scientific instrument market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis – Healthcare equipment market
      • Research and development
      • Inputs
      • Operations
      • Distribution
      • Marketing and sales
      • Post-sales and services
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019 - 2024 ($ million), exclusive of COVID- 19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Laboratory analytical instruments and consumables - Market size and forecast 2019- 2024
      • Table Laboratory analytical instruments and consumables - Market size and forecast 2019-2024 ($ million)
      • Table Laboratory analytical instruments and consumables - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Laboratory analytical instruments and consumables - Year-over-year growth 2019-2024 (%)
    • Measuring and monitoring devices - Market size and forecast 2019-2024
      • Table Measuring and monitoring devices - Market size and forecast 2019-2024 ($ million)
      • Table Measuring and monitoring devices - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Measuring and monitoring devices - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers – Demand led growth
      • Increase in global R&D investments
      • Growing prevalence of chronic diseases
      • Emergence of innovative products
      • Growing popularity of the microdialysis technique in neuroscience research
      • Increasing demand for patient monitoring and assisting equipment
    • Market challenges
      • Compliance issues
      • Emergence of counterfeit measuring devices and hacking of analytical instruments
      • Stringent regulatory policies hampering innovation
      • High cost of microdialysis technology
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing industry-academia collaborations
      • Growing product promotional activities
      • Growing demand from F&B and automotive industries
      • Technological advancements in CT scanner
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Agilent Technologies Inc.
      • Table Agilent Technologies Inc. - Overview
      • Table Agilent Technologies Inc. - Business segments
      • Table Agilent Technologies Inc. - Key news
      • Table Agilent Technologies Inc. - Key offerings
      • Table Agilent Technologies Inc. - Segment focus
    • Bio-Rad Laboratories Inc.
      • Table Bio-Rad Laboratories Inc. - Overview
      • Table Bio-Rad Laboratories Inc. - Business segments
      • Table Bio-Rad Laboratories Inc. - Key news
      • Table Bio-Rad Laboratories Inc. –Key offerings
      • Table Bio-Rad Laboratories Inc. –Segment focus
    • Bruker Corp.
      • Table Bruker Corp. –Overview
      • Table Bruker Corp. –Business segments
      • Table Bruker Corp. –Key news
      • Table Bruker Corp. - Key offerings
      • Table Bruker Corp. - Segment focus
    • Danaher Corp.
      • Table Danaher Corp. - Overview
      • Table Danaher Corp. - Business segments
      • Table Danaher Corp. - Key news
      • Table Danaher Corp. - Key offerings
      • Table Danaher Corp. - Segment focus
    • HORIBA Ltd.
      • Table HORIBA Ltd. - Overview
      • Table HORIBA Ltd. - Business segments
      • Table HORIBA Ltd. - Key news
      • Table HORIBA Ltd. - Key offerings
      • Table HORIBA Ltd. - Segment focus
    • Oxford Instruments Plc
      • Table Oxford Instruments Plc - Overview
      • Table Oxford Instruments Plc - Business segments
      • Table Oxford Instruments Plc - Key news
      • Table Oxford Instruments Plc - Key offerings
      • Table Oxford Instruments Plc - Segment focus
    • PerkinElmer Inc.
      • Table PerkinElmer Inc. - Overview
      • Table PerkinElmer Inc. - Business segments
      • Table PerkinElmer Inc. - Key news
      • Table PerkinElmer Inc. - Key offerings
      • Table PerkinElmer Inc. - Segment focus
    • Shimadzu Corp.
      • Table Shimadzu Corp. - Overview
      • Table Shimadzu Corp. - Business segments
      • Table Shimadzu Corp. - Key news
      • Table Shimadzu Corp. - Key offerings
      • Table Shimadzu Corp. - Segment focus
    • Thermo Fisher Scientific Inc.
      • Table Thermo Fisher Scientific Inc. - Overview
      • Table Thermo Fisher Scientific Inc. - Business segments
      • Table Thermo Fisher Scientific Inc. - Key news
      • Table Thermo Fisher Scientific Inc. - Key offerings
      • Table Thermo Fisher Scientific Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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