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K-12 Laboratory Kits Market in the US 2016-2020

K-12 Laboratory Kits Market in the US 2016-2020

About K-12 Education

Early adoption of advanced IT hardware in the developed economy of the US has enabled educational institutions to focus on continuous innovation in delivery methods. Various types of software such as learning management systems and learning content management systems have gradually evolved to become a crucial medium for imparting K-12 education. Educational institutions are the major adopters of such services as they realize the economies of scale associated with flexible learning.

Technavio’s analysts forecast the K-12 laboratory kits market in the US to grow at a CAGR of 11.88% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the K-12 laboratory kits market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of laboratory kits to the US K-12 schools.

The market is divided into the following segments based on product:

  • Science
  • Other
Technavio's report, K-12 Laboratory Kits Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carolina Biological Supply Company
  • eScience Labs
  • LAB-AIDS
  • Quality Science Labs
Other prominent vendors
  • Thames & Kosmos
  • POOF-Slinky
  • SmartLab Toys
  • ScienceWiz
Market driver
  • Emphasis on STEM education
  • For a full, detailed list, view our report
Market challenge
  • Emergence of alternative learning models
  • For a full, detailed list, view our report
Market trend
  • Opportunities for formative assessment
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – K-12 Laboratory Kits Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the K-12 laboratory kits market in the US: Carolina Biological Supply Company, eScience Labs, LAB-AIDS, and Quality Science Labs.

Other Prominent Vendors in the market are: Thames & Kosmos, POOF-Slinky, SmartLab Toys, and ScienceWiz.

Commenting on the report, an analyst from Technavio’s team said: “Emphasis on pre-school students will be a key trend for market growth. Laboratory kit providers are focusing on the pre-school segment to exploit the market's potential. The education industry in the US is increasingly using these products and services to improve cognitive skills and other higher order thinking skills of their students. As early childhood years are considered to be the formative period for students, schools are encouraging pre-school students to participate in cognitive assessment sessions. In addition, to sharpen the observation skills, students are being exposed to laboratory experiments. These laboratory kits are designed and developed to suit the fundamental learning requirements of pre-school students.”

According to the report, replacement of old devices will be a key driver for market growth. Recent advances in learning and teaching methods are encouraging schools to replace their outdated laboratory products with new ones. New products have advanced safety features and improved designs and technology. With the expansion of course curriculum in subjects such as anatomy and physical science, schools are embracing projects and experiment ideas to enhance student knowledge. As a result, the schools need to procure and replace old and outdated devices for the purpose of experimentation in laboratories. This has paved the way for providers of laboratory kits to penetrate the market with their latest offerings. This factor has consistently played an active role in accelerating the growth of the laboratory kits market in the US.

Further, the report states that in the present-day education with high fee rates, parents are consciously enrolling their children into institutions that offer state-of-the-art technology. Though earlier universities provided separate laboratories for each degree program, shared facilities and technical support are the new norm to counter space and cost constraints. Obsolescence of equipment and increase in maintenance expenses are some of the challenges plaguing the traditional laboratories.



Companies Mentioned

Carolina Biological Supply Company, eScience Labs, LAB-AIDS, Quality Science Labs, Thames & Kosmos, POOF-Slinky, SmartLab Toys, ScienceWiz.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Economic overview
    • Table US: GDP 2009-2013 ($ trillions)
    • Table US: GDP per capita 2009-2013 ($)
    • Table US: CPI 2009-2013 ($ trillions)
    • Table US: Population 2009-2013
    • Table US: Unemployment rate 2009-2013
  • Market landscape
    • Education industry in US
      • Table Segment-wise distribution of education market in US in 2015 (%)
      • Table Major segments of education market in US 2014 ($ billions)
    • K-12 lab kits market in US
      • Table US K-12 Instruction materials market - key insights
      • Table K-12 instruction materials service providers 2015
      • Table K-12 laboratory kits market in US 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Inception of laboratory schools
    • Emphasis on STEM education
      • Table US STEM Education - key insights
    • Development of cognitive skills
    • Replacement of old devices
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Emergence of alternative learning models
      • Table Virtual and remote laboratories market in US 2015-2020 ($ millions)
    • Lack of funding opportunities
    • Safety hazards
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growth of experiential and inquiry-based learning
    • Opportunities for formative assessment
    • Presence of online retailers and aggregators
    • Emphasis on pre-school students
  • Market segmentation by product
    • K-12 laboratory kits market in US by product
      • Table K-12 laboratory kits market in US by product 2015
      • Table K-12 laboratory kits market in US by product 2020
      • Table K-12 laboratory kits market in US by product 2015-2020 ($ billions)
    • K-12 science laboratory kits market in US
      • Table K-12 science laboratory kits market in US 2015-2020 ($ billions)
      • Table Categories of science subjects 2015
    • K-12 laboratory kits market in US by others
      • Table K-12 laboratory kits market in US by others 2015-2020 ($ billions)
  • Market segmentation by end-user
    • K-12 laboratory kits market in US by end-user
      • Table K-12 laboratory kits market in US by end-user 2015
      • Table K-12 laboratory kits market in US by end-user 2020
      • Table K-12 laboratory kits market in US by end-user 2015-2020 ($ billions)
    • Laboratory kits market in US by secondary schools
      • Table Laboratory kits market in US by secondary schools 2015-2020 ($ billions)
    • Laboratory kits market in US by elementary schools
      • Table Laboratory kits market in US by elementary schools 2015-2020 ($ billions)
  • Market segmentation by school ownership
    • K-12 laboratory kits market in US by ownership
      • Table Laboratory kits market in US by schools 2015
      • Table Formative versus summative assessments
  • Vendor landscape
    • Competitive scenario
    • Competitive benchmarking
      • Table Vendor analysis
      • Table Key vendors - Strategic initiatives overview
  • Key vendor analysis
    • Carolina Biological Supply Company
    • eScience Labs
      • Table eScience Labs: Product category
    • LAB-AIDS
      • Table LAB-AIDS: Product offerings
    • Quality Science Labs
      • Table Quality Science Labs: Product offerings
  • Other prominent vendors
    • Thames & Kosmos
    • POOF-Slinky
    • SmartLab Toys
    • ScienceWiz
  • Appendix
    • List of abbreviations
  • Explore Technavio

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