Report cover image

Lab Supplies Market Forecasts to 2032 – Global Analysis By Product Type (Equipment, Consumables, and Other Product Types), Material Type, Distribution Channel, Application, End User and By Geography

Publisher Stratistics Market Research Consulting
Published Nov 28, 2025
Length 200 Pages
SKU # SMR20610741

Description

According to Stratistics MRC, the Global Lab Supplies Market is accounted for $50.02 billion in 2025 and is expected to reach $94.42 billion by 2032 growing at a CAGR of 9.5% during the forecast period. Laboratory supplies encompass the fundamental materials, consumables, and instruments required for conducting scientific, medical, and industrial lab activities. They include items such as glassware, plastic consumables, chemicals, pipettes, protective equipment, and tools used for sample preparation and testing. These supplies are vital for ensuring accurate results, consistent processes, and safe working conditions. They support a wide range of laboratory functions, including research, diagnostic testing, experimentation, and quality-assurance tasks in academic, clinical, and commercial settings.

According to an article published by the PETERSON-KFF Health System Tracker, healthcare spending in the U.S. increased by 9.7% and reached USD 4.1 trillion in 2020, significantly faster than the 4.3% increase in 2019.

Market Dynamics:

Driver:

Increasing R&D investment

The surge in research activity is intensifying the need for high-quality lab consumables, analytical instruments, and advanced sample-processing tools. Technological advancements such as automation, AI-enabled workflow systems, and high-throughput screening platforms are further boosting demand for modern lab supplies. Academic institutes and CROs are expanding their research scope, encouraging higher procurement volumes. Growing investment in genomics, drug discovery, and molecular diagnostics is pushing laboratories to adopt more precise, reproducible, and digitally integrated equipment. As global research ecosystems mature, lab supply manufacturers are accelerating innovation to support emerging scientific applications.

Restraint:

Shortage of skilled personnel

Many facilities struggle with operating sophisticated instruments such as automated analyzers, sequencing platforms, and AI-based laboratory information systems. This talent gap increases dependency on extensive training programs, raising operational costs for institutions and research centers. Small laboratories, in particular, face challenges integrating upgraded equipment due to limited staffing expertise. The complexity of regulatory compliance and quality assurance adds further burden to understaffed labs.

Opportunity:

Integration of automation and AI/IoT

Automated liquid handling systems, smart centrifuges, and cloud-based inventory platforms are enabling greater accuracy and reducing manual errors. IoT-enabled monitoring tools are improving asset tracking, consumable usage prediction, and quality control. AI algorithms are now supporting predictive maintenance and real-time workflow optimization. These technologies are allowing laboratories to scale capacity, accelerate testing turnaround times, and enhance reproducibility. As automation becomes more accessible, suppliers are developing modular, user-friendly solutions tailored for research, clinical diagnostics, and industrial laboratories.

Threat:

Intense price competition

The commoditization of consumables such as pipette tips, tubes, and reagents has led to competitive pricing strategies and shrinking margins. Increased presence of low-cost suppliers, especially from emerging markets, is reshaping procurement dynamics. To stay competitive, key players are investing in lean manufacturing, automation-driven production, and digital distribution platforms. Price-sensitive customers are opting for bulk procurement, reusable items, and value-tier products, pushing companies to diversify their offerings.

Covid-19 Impact:

Global supply chains faced severe disruptions, prompting laboratories to reassess sourcing strategies and strengthen inventory resilience. The crisis also stimulated rapid adoption of automated sample handling, remote diagnostics, and cloud-based lab management solutions. Emergency regulatory pathways facilitated quicker approval of diagnostic materials and testing equipment. Post-pandemic, laboratories continue to prioritize preparedness, automation, and decentralized testing models. This shift has permanently amplified demand for high-quality, scalable, and digitally integrated lab supplies.

The equipment segment is expected to be the largest during the forecast period

The equipment segment is expected to account for the largest market share during the forecast period, due to its essential role in supporting a wide range of research, diagnostic, and analytical activities. High adoption of advanced instruments such as spectrophotometers, incubators, centrifuges, and biosafety cabinets is strengthening this segment’s leadership. Continuous technological advancements, including touchscreen interfaces, IoT-enabled monitoring, and energy-efficient designs, are improving operational performance. The expansion of biopharma R&D and molecular biology studies is driving demand for precision equipment. Laboratories are also upgrading legacy systems to integrate automation and smart connectivity.

The clinical & diagnostic laboratories segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the clinical & diagnostic laboratories segment is predicted to witness the highest growth rate, due to rising testing volumes, expanding infectious disease surveillance, and increased preventive healthcare awareness. Advancements in molecular diagnostics, immunoassays, and point-of-care platforms are boosting the adoption of high-performance lab supplies. These labs increasingly rely on automated analyzers, rapid test kits, and data-driven workflow systems to improve efficiency. Digital LIMS platforms and AI-based diagnostic tools are enabling faster sample tracking and quicker clinical decisions. The expansion of decentralized testing centers and private diagnostic chains is fueling procurement of consumables and equipment.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by rapid expansion of healthcare infrastructure, biomedical research, and diagnostic capacity. Countries such as China, India, Japan, and South Korea are investing heavily in laboratory modernization and local production of equipment and consumables. Government funding for biotechnology, precision medicine, and pharmaceutical R&D is accelerating demand for advanced lab supplies. The region is also experiencing rising adoption of automation, AI-driven analytics, and robotics-based research platforms. Collaborative partnerships between global manufacturers and regional players are enhancing technology transfer and affordability.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to strong technological innovation and substantial investment in scientific research. The region leads advancements in genomics, proteomics, cell therapy, and AI-driven laboratory operations. Laboratories are rapidly integrating digital workflow systems, smart instruments, and advanced automation to enhance productivity. Supportive regulatory frameworks and funding programs are encouraging faster commercialization of new lab technologies. Major universities, biopharma companies, and clinical research organizations consistently drive high consumption of premium lab supplies.

Key players in the market

Some of the key players in Lab Supplies Market include Thermo Fisher Scientific, QIAGEN N.V., Danaher Corporation, Shimadzu Corporation, Merck KGaA, Mettler-Toledo, Agilent Technologies, Waters Corporation, Sartorius AG, Bruker Corporation, Avantor Inc., PerkinElmer, Corning Incorporated, Bio-Rad Laboratories, and Eppendorf.

Key Developments:

In October 2025, Thermo Fisher Scientific Inc. announced a definitive agreement to acquire Clario Holdings, Inc., a leading provider of endpoint data solutions for clinical trials, from a shareholder group led by Astorg and Nordic Capital, Novo Holdings and Cinven, for $8.875 billion in cash at close plus potential additional earnout and other payments in the future, largely dependent on performance.

In October 2025, Merck has entered into a partnership with Promega Corporation, a global life science solutions and service leader based in Madison, Wisconsin in the US, to co-develop novel technologies that advance drug screening and discovery. The agreement unites Merck’s strength in organoids and synthetic chemistry with Promega's market leading assay and reporter technologies.

Product Types Covered:
• Equipment
• Consumables
• Other Product Types

Material Types Covered:
• Glass
• Plastic
• Metal

Distribution Channels Covered:
• Direct Sales
• Distributors
• Online Platforms

Applications Covered:
• Research
• Forensic Testing
• Clinical Diagnostics
• Environmental Testing
• Quality Control & Assurance
• Drug Discovery & Development
• Other Applications

End Users Covered:
• Academic & Research Institutes
• Contract Research Organizations (CROs)
• Pharmaceutical & Biotechnology Companies
• Clinical & Diagnostic Laboratories
• Hospitals
• Food & Beverage Testing Laboratories
• Environmental Testing Laboratories
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Lab Supplies Market, By Product Type
5.1 Introduction
5.2 Equipment
5.2.1 Centrifuges
5.2.2 Incubators
5.2.3 Microscopes
5.2.4 Freezers & Refrigerators
5.2.5 Water Baths
5.2.6 Pipettes & Dispensers
5.2.7 Autoclaves
5.2.8 Fume Hoods
5.2.9 Spectrophotometers
5.2.10 Balances & Scales
5.3 Consumables
5.3.1 Glassware & Plasticware
5.3.2 Pipette Tips
5.3.3 Tubes & Vials
5.3.4 Petri Dishes
5.3.5 Microplates
5.3.6 Gloves
5.3.7 Filters & Membranes
5.3.8 Reagents & Chemicals
5.3.9 Laboratory Labels & Papers
5.4 Other Product Types
6 Global Lab Supplies Market, By Material Type
6.1 Introduction
6.2 Glass
6.3 Plastic
6.4 Metal
7 Global Lab Supplies Market, By Distribution Channel
7.1 Introduction
7.2 Direct Sales
7.3 Distributors
7.4 Online Platforms
8 Global Lab Supplies Market, By Application
8.1 Introduction
8.2 Research
8.3 Forensic Testing
8.4 Clinical Diagnostics
8.5 Environmental Testing
8.6 Quality Control & Assurance
8.7 Drug Discovery & Development
8.8 Other Applications
9 Global Lab Supplies Market, By End User
9.1 Introduction
9.2 Academic & Research Institutes
9.3 Contract Research Organizations (CROs)
9.4 Pharmaceutical & Biotechnology Companies
9.5 Clinical & Diagnostic Laboratories
9.6 Hospitals
9.7 Food & Beverage Testing Laboratories
9.8 Environmental Testing Laboratories
9.9 Other End Users
10 Global Lab Supplies Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Thermo Fisher Scientific
12.2 QIAGEN N.V.
12.3 Danaher Corporation
12.4 Shimadzu Corporation
12.5 Merck KGaA
12.6 Mettler-Toledo International
12.7 Agilent Technologies
12.8 Waters Corporation
12.9 Sartorius AG
12.10 Bruker Corporation
12.11 Avantor, Inc.
12.12 PerkinElmer, Inc.
12.13 Corning Incorporated
12.14 Bio-Rad Laboratories
12.15 Eppendorf SE
List of Tables
Table 1 Global Lab Supplies Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Lab Supplies Market Outlook, By Product Type (2024-2032) ($MN)
Table 3 Global Lab Supplies Market Outlook, By Equipment (2024-2032) ($MN)
Table 4 Global Lab Supplies Market Outlook, By Centrifuges (2024-2032) ($MN)
Table 5 Global Lab Supplies Market Outlook, By Incubators (2024-2032) ($MN)
Table 6 Global Lab Supplies Market Outlook, By Microscopes (2024-2032) ($MN)
Table 7 Global Lab Supplies Market Outlook, By Freezers & Refrigerators (2024-2032) ($MN)
Table 8 Global Lab Supplies Market Outlook, By Water Baths (2024-2032) ($MN)
Table 9 Global Lab Supplies Market Outlook, By Pipettes & Dispensers (2024-2032) ($MN)
Table 10 Global Lab Supplies Market Outlook, By Autoclaves (2024-2032) ($MN)
Table 11 Global Lab Supplies Market Outlook, By Fume Hoods (2024-2032) ($MN)
Table 12 Global Lab Supplies Market Outlook, By Spectrophotometers (2024-2032) ($MN)
Table 13 Global Lab Supplies Market Outlook, By Balances & Scales (2024-2032) ($MN)
Table 14 Global Lab Supplies Market Outlook, By Consumables (2024-2032) ($MN)
Table 15 Global Lab Supplies Market Outlook, By Glassware & Plasticware (2024-2032) ($MN)
Table 16 Global Lab Supplies Market Outlook, By Pipette Tips (2024-2032) ($MN)
Table 17 Global Lab Supplies Market Outlook, By Tubes & Vials (2024-2032) ($MN)
Table 18 Global Lab Supplies Market Outlook, By Petri Dishes (2024-2032) ($MN)
Table 19 Global Lab Supplies Market Outlook, By Microplates (2024-2032) ($MN)
Table 20 Global Lab Supplies Market Outlook, By Gloves (2024-2032) ($MN)
Table 21 Global Lab Supplies Market Outlook, By Filters & Membranes (2024-2032) ($MN)
Table 22 Global Lab Supplies Market Outlook, By Reagents & Chemicals (2024-2032) ($MN)
Table 23 Global Lab Supplies Market Outlook, By Laboratory Labels & Papers (2024-2032) ($MN)
Table 24 Global Lab Supplies Market Outlook, By Other Product Types (2024-2032) ($MN)
Table 25 Global Lab Supplies Market Outlook, By Material Type (2024-2032) ($MN)
Table 26 Global Lab Supplies Market Outlook, By Glass (2024-2032) ($MN)
Table 27 Global Lab Supplies Market Outlook, By Plastic (2024-2032) ($MN)
Table 28 Global Lab Supplies Market Outlook, By Metal (2024-2032) ($MN)
Table 29 Global Lab Supplies Market Outlook, By Distribution Channel (2024-2032) ($MN)
Table 30 Global Lab Supplies Market Outlook, By Direct Sales (2024-2032) ($MN)
Table 31 Global Lab Supplies Market Outlook, By Distributors (2024-2032) ($MN)
Table 32 Global Lab Supplies Market Outlook, By Online Platforms (2024-2032) ($MN)
Table 33 Global Lab Supplies Market Outlook, By Application (2024-2032) ($MN)
Table 34 Global Lab Supplies Market Outlook, By Research (2024-2032) ($MN)
Table 35 Global Lab Supplies Market Outlook, By Forensic Testing (2024-2032) ($MN)
Table 36 Global Lab Supplies Market Outlook, By Clinical Diagnostics (2024-2032) ($MN)
Table 37 Global Lab Supplies Market Outlook, By Environmental Testing (2024-2032) ($MN)
Table 38 Global Lab Supplies Market Outlook, By Quality Control & Assurance (2024-2032) ($MN)
Table 39 Global Lab Supplies Market Outlook, By Drug Discovery & Development (2024-2032) ($MN)
Table 40 Global Lab Supplies Market Outlook, By Other Applications (2024-2032) ($MN)
Table 41 Global Lab Supplies Market Outlook, By End User (2024-2032) ($MN)
Table 42 Global Lab Supplies Market Outlook, By Academic & Research Institutes (2024-2032) ($MN)
Table 43 Global Lab Supplies Market Outlook, By Contract Research Organizations (CROs) (2024-2032) ($MN)
Table 44 Global Lab Supplies Market Outlook, By Pharmaceutical & Biotechnology Companies (2024-2032) ($MN)
Table 45 Global Lab Supplies Market Outlook, By Clinical & Diagnostic Laboratories (2024-2032) ($MN)
Table 46 Global Lab Supplies Market Outlook, By Hospitals (2024-2032) ($MN)
Table 47 Global Lab Supplies Market Outlook, By Food & Beverage Testing Laboratories (2024-2032) ($MN)
Table 48 Global Lab Supplies Market Outlook, By Environmental Testing Laboratories (2024-2032) ($MN)
Table 49 Global Lab Supplies Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us