Global Laboratory Equipment Market Research Report: By Product Type (Incubators, Centrifuges, Spectrometers, Scopes, Sonicators, Autoclaves, Others), By Application (Biochemistry, Endocrinology, Microbiology, Genetic Testing, Others) and By End-User (Hospitals and Clinics, Others) – Forecast to 2025
Laboratory Equipment Market Overview
The laboratory equipment market is projected to grow by US$58,960 Million by 2025 rapidly at a CAGR of 7.3% throughout the forecast period. Increasing research activities as well as rising need for accurate diagnosis drive the global laboratory equipment market. These key growth drivers have incredibly helped the laboratory equipment market and are estimated to boost the growth. Analysts studying the laboratory equipment market have also shared growth projections in the laboratory equipment market research report and have suggested laboratory equipment market-based companies to develop growth strategies. Lack of laboratory setups and shifting trends are the challenges that companies across the laboratory equipment market could face. The details covered in the laboratory equipment market report cover all the aspects of the industry.
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Laboratory Equipment Market Segmentation
The global laboratory equipment market has been segmented based on application, product type, and end-users. On the basis of application, the market for laboratory equipment is segmented based on endocrinology, genetic testing, microbiology, biochemistry, and others. Additionally, the market on the basis of product type, is segmented into autoclaves, centrifuges, scopes, sonicators, spectrometers, incubators, others. The global market for laboratory equipment is also covered based on the end-users segment which is further split into hospitals and clinics, others.
Factors like growing technological advancements and growing support by the government and private companies propel the laboratory equipment market growth. The laboratory equipment market performance has also been studied. The laboratory equipment market report provides analysis of past and current trends. In addition to this, the laboratory equipment market report offers detailed analysis of application, product type, and end-users segments. The market segmental analysis provided in the laboratory equipment market research report offers crucial details about the laboratory equipment market based on the data and forecasts till 2025.
Laboratory Equipment Market Regional Overview
The laboratory equipment market report covers companies functional in the laboratory equipment market spread across regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The regional analysis of the laboratory equipment market can be found in the market research report. The North American laboratory equipment market has several key players functioning in the United States, Canada, and Mexico. Europe has companies in the laboratory equipment market across Germany, France, Spain, Italy, and the United Kingdom.
Laboratory Equipment Market Competitive Landscape
The laboratory equipment market is corroborated by mergers and acquisitions by major players . The population growth as well as increasing demand of laboratory equipment market based solutions also accelerate the market growth. However, the laboratory equipment market can be affected due to the rise of point of care diagnosis as well as lack of awareness. The laboratory equipment market research report covers all such factors assisting companies in the laboratory equipment market to improve their plans and portfolio. The laboratory equipment market research report also provides company profiles of major businesses.
The laboratory equipment market report highlights crucial details about organizations operating across North America, Europe, Asia-Pacific (APAC), and the rest of the world regional markets. The details available in the laboratory equipment market report cover company strategies, revenue, company size, and mergers and acquisitions in the laboratory equipment market. New entrants as well as established organizations can use the data from laboratory equipment market report to further plan their strategies.
Laboratory Equipment Industry News
Thermo Fisher Scientific has sealed its takeover for nearly EUR 725 million (US$ 876 million) in cash for Groupe Novasep’s Henogen, a manufacturing company in Belgium. The firm supplies biotechnology firms as well as major biopharma clients with contract production facilities for vaccinations and medicines. With about 400 workers, Henogen has two branches in Seneffe and Gosselies, Belgium. The projected revenue for 2020 is EUR 80 million ($95 million).
Table Of Contents
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Laboratory Equipment Market, By Product Type
1.1.2. Global Laboratory Equipment Market, By Application
1.1.3. Global Laboratory Equipment Market, By End User
2. MARKET INTRODUCTION
2.2. Scope Of The Study
2.2.1. Research Objective
3. RESEARCH METHODOLOGY
3.2. Data Mining
3.3. Secondary Research
3.4. Primary Research
3.5. Breakdown Of Primary Respondents
3.6. Forecasting Techniques
3.7. Research Methodology For Market Size Estimation
3.8. Bottom-Up Approach
3.9. Top-Down Approach
3.10. Data Triangulation
4. MARKET DYNAMICS
5. MARKET FACTOR ANALYSIS
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