Laboratory Supplies Market Report 2022: Increased Investment in R&D Activities Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS THREAD)–The report “Lab Supplies Market Size, Share and Trend Analysis by Product (Equipment (Autoclaves and Sterilizers, Spectrophotometers and Microarray Equipment), Disposables (Tubes, Masks)), by region and segment forecasts, 2022-2030″ has been added to ResearchAndMarkets.com’s offers

According to this report, the global laboratory supplies market size is expected to reach USD 68.8 billion by 2030, expanding at a CAGR of 7.6% from 2022 to 2030. Increasing investment for activities of R&D by country, the fusion of laboratory equipment with state-of-the-art technology and increased demand for plastics in the healthcare industry due to their advantages over metal and glass, which include cost-effectiveness, weight light, versatility and biocompatibility, are factors that drive the market.

The laboratories have been developed as multi-purpose research facilities in which numerous types of testing mechanisms, research comparisons and different developments are carried out. This has also led to an increase in the demand of the laboratory supply market. In addition, the trend of researching laboratory supplies has been gaining momentum over the past decade. This has resulted in the expansion of new laboratories in academic institutions, thus driving the growth of the market.

In addition, clinical laboratories are also undergoing major technological advances. With intense research and development in the field of personalized medicine and disease pathogenesis, advanced diagnostic procedures and tests are being widely implemented. Technological improvements in the laboratory continue to bring real benefits that accrue from greater ease of use, speed of analysis, improved safety, greater accuracy, increased capacity, operational efficiency, greater reliability, and numerous other intangibles.

Highlights of the Laboratory Supplies Market Report

  • The equipment segment dominated the market with a share of over 63.4% in 2021 due to the high costs associated with it.

  • The disposable segment is expected to witness a rapid growth rate of 8.3% during the forecast period as they help prevent contamination and reduce errors in procedures.

  • Among disposable items, tubes segment accounted for a maximum share of 19.2% in 2021. They are mainly used in laboratories for viewing, storing and transporting samples.

  • North America was the leading regional segment in terms of revenue and market share in 2021. It accounted for more than 37.5% of the market share due to the growing research activities being carried out in the region

Key topics covered:

Chapter 1. Methodology and scope of application

Chapter 2. Executive summary

Chapter 3. Laboratory Supplies Market Variables, Trends, and Scope

Chapter 4. Laboratory Supplies Market: Segment Analysis, By Product, 2018-2030 ($ Million)

4.1. Segment control panel

4.2. Product market share analysis, 2021 and 2030

4.3. Laboratory supplies market, by product, 2018 to 2030

4.4. Market Size and Forecasts and Trend Analysis, 2018 to 2030 for the following

4.4.1. equipment

4.4.1.1. incubators

4.4.1.2. Laminar flow hood

4.4.1.3. Micro manipulation systems

4.4.1.4. Centrifuges

4.4.1.5. Laboratory air filtration system

4.4.1.6. scopes

4.4.1.7. Sonicators and homogenizers

4.4.1.8. Spectrophotometer and microarray equipment

4.4.1.9. others

4.4.2. Single use

4.4.2.1. pipettes

4.4.2.2. Advices

4.4.2.3. tubes

4.4.2.4. buckets

4.4.2.5. Plates

4.4.2.6. Gloves

4.4.2.7. Masks

4.4.2.8. Cell Imaging Consumables

4.4.2.9. Cell culture consumables

Chapter 5. Laboratory Supplies Market: Regional Outlook, 2018-2030 ($ Million)

Chapter 6. Laboratory supplies market – Competitive analysis

Companies mentioned

  • Agilent Technologies Inc.

  • Bio-Rad Laboratories, Inc.

  • BRUKER CORPORATION

  • Danaher Corporation

  • Fujifilm Holdings Corporation

  • PerkinElmer Inc.

  • Sartorius AG

  • Shimadzu Corporation

  • Thermo Fisher Scientific, Inc.

  • Water Corporation

For more information on this report, visit https://www.researchandmarkets.com/r/3anxcf

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