LABORATORY SUPPLIES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global laboratory supplies market growth is driven by rising demand for various test kits and consumables across food, agricultural, chemical and biomedical industries. Laboratory supplies include a variety of instruments, reagents, consumables and even small pieces of equipment that are used majorly in research, development and manufacturing activities. Technological advancements in healthcare and growing healthcare expenditure have boosted demand for novel diagnostic tests and research activities, necessitating continuous supply of upgraded laboratory solutions. Furthermore, rising government focus on developing life science infrastructures can drive the market growth. However, influx of local manufacturers offering low-cost alternatives can hamper the market growth

Market Dynamics:

Global laboratory supplies market growth is driven by rising investments in R&D activities, growing focus on drug discovery and development, and increasing government expenditure on healthcare infrastructure development. However, high costs associated with varied laboratory equipment can hamper the market growth. Growing availability of improvised and customized laboratory consumables catering to sector-specific requirements can offer opportunity for market players. Rising demand for personalized medicine and influx of advanced technologies such as 3D cell culture and microfluidics can also drive the market growth.

Key Features of the Study:

- This report provides in-depth analysis of the global laboratory supplies market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global laboratory supplies market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Thermo Fisher Scientific, Siemens Healthineers, Roche Holding AG, BD Biosciences, MerckKGaA

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- Global laboratory supplies market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laboratory supplies market

Detailed Segmentation-

• By Product 
  
  • Equipment
    
    • Incubators
    • Laminar Flow Hood
    • Micro Manipulation Systems
    • Centrifuges
    • Lab Air Filtration System
    • Scopes
    • Sonicators & Homogenizers
    • Autoclaves & Sterilizers
    • Spectrophotometer & Microarray Equipment
    • Others
  • Disposables
    
    • Pipettes
    • Tips
    • Tubes
    • Cuvettes
    • Dishes
    • Gloves
    • Masks
    • Cell Imaging Consumables
    • Cell Culture Consumables
• By End User
  
  • Clinical Testing Labs
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Academic & Research Institutes
  • Others
• By Region           
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Bio-Rad Laboratories, Inc.
  • Bruker Corporation
  • Danaher Corporation
  • Fujifilm Holdings Corporation
  • Agilent Technologies, Inc.
  • PerkinElmer, Inc.
  • Shimadzu Corporation
  • Thermo Fisher Scientific, Inc.
  • Waters Corporation
  • Eppendorf AG
  • Becton, Dickinson and Company (BD)
  • Merck KGaA (Sigma-Aldrich)
  • Sartorius AG
  • VWR International
  • GE Healthcare
  • Abbott Laboratories
  • Charles River Laboratories
  • MilliporeSigma