Outlook on the Analytical Laboratory Instruments Global Market to 2030 - Identify Growth Segments for Investment

Research and Markets
·10-min read

Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Analytical Laboratory Instruments Global Market Opportunities and Strategies to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides the strategists, marketers and senior management with the critical information they need to assess the global analytical laboratory instruments market.

The global analytical laboratory instruments market reached a value of nearly $93.8 billion in 2019. The market is expected to grow from $93.8 billion in 2019 to $110.3 billion in 2023 at a CAGR (Compound Annual Growth Rate) of 4.1%. The growth is mainly due to an increased prevalence of chronic diseases and economic growth in developing countries. The market is expected to stabilize and reach $125.8 billion in 2025 and $170.7 billion in 2030.

Reasons to Purchase:

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  • Create regional and country strategies on the basis of local data and analysis.

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  • Gain a global perspective on the development of the market.

Markets Covered:

The global analytical laboratory instruments market is segmented -

  • By Type: Elemental analysis; Separational analysis; Molecular analysis; Others

  • By End-User: Hospitals; Diagnostic laboratories; Pharmaceutical; Biotechnology; Others

Companies Mentioned: Thermo Fisher Scientific Inc.; Danaher Corporation; Agilent Technologies, Inc.; Shimadzu Corporation; F. Hoffmann-La Roche AG

Countries: China, Australia, India, Indonesia, Japan, South Korea, USA, Brazil, France, Germany, UK, Russia

Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Growth in the historic period resulted from increases in healthcare expenditure, economic growth in emerging markets, an aging population, and rising awareness about food testing and stringent regulations for safety. This growth was restricted by the high prices of the instruments.

Going forward, factors including technological advances, increase in healthcare access and rising prevalence of chronic diseases are expected to drive the market. Reduction in free trade, global recession, and supply chain disruption due to the impact of COVID-19 are major factors that could hinder the growth of the analytical laboratory instruments market in the future.

The analytical laboratory instruments market is segmented by type into elemental analysis, separational analysis, molecular analysis and others. The elemental analysis was the largest segment of the analytical laboratory instruments market by type, accounting for 59% of the total market in 2019. Going forward, the molecular analysis segment is expected to be the fastest-growing segment in the analytical laboratory instrument market, at a CAGR of 5.6%.

The analytical laboratory instruments market is also segmented by end-user into hospitals, diagnostic laboratories, pharmaceutical, biotechnology and others. The hospital was the largest segment of the analytical laboratory instruments market by end-user, accounting for 66.3% of the total market in 2019. Going forward, the biotechnology segment is expected to be the fastest-growing segment in the analytical laboratory instruments market, at a CAGR of 10.1%.

The Asia Pacific was the largest region in the global analytical laboratory instruments market, accounting for 34.2% of the total in 2019. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the analytical laboratory instruments market will be Africa and the Middle East, where growth will be at CAGRs of 7.8% and 7.4% respectively.

The analytical laboratory instruments market is particularly prone to disruption from the coronavirus outbreak, as due to worldwide lockdown, production is also being halted which is causing supply chain issues.

The analytical laboratory instruments market is fragmented, with a small number of large players in the market. Major players in the market include Thermo Fisher, Danaher Corporation, Agilent Technologies, Inc. and Shimadzu Corporation.

The top opportunities in the analytical laboratory instruments market segmented by type will arise in the elemental analysis segment, which will gain $10,154.3 million of global annual sales by 2023. The top opportunities in the analytical laboratory instrument market segmented by end-users will arise in the hospital segment, which will gain $13,427.7 million of global annual sales by 2023. The analytical laboratory instruments market size will gain the most in China at $3,515.3 million.

Market-trend-based strategies for the analytical market includes investing in 3D printing technology, big data analytics, automation solutions, investing in the development of 3D microscopes, M&A growth strategies and adaptability to cloud technology for higher speed and efficiency. Player-adopted strategies in the analytical laboratory instrument market include expanding manufacturing operations, investing in new product launches and in acquisitions and mergers to strengthen their service offerings.

To take advantage of the opportunities, the publisher recommends the analytical laboratory instruments companies to focus on investing in 3D microscopes, adopting automation to achieve standardization, focus on mergers and acquisitions, offer skimmed pricing for innovative laboratory instruments, competitive pricing, expanding in emerging markets, and leveraging social media.

Key Topics Covered:

1. Analytical Laboratory Instruments Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction
6.1.1. Segmentation By Geography
6.1.2. Segmentation By Type
6.1.3. Segmentation By End-User

7. Analytical Laboratory Instruments Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Type
7.2.1. Elemental Analysis
7.2.2. Separational Analysis
7.2.3. Molecular Analysis
7.2.4. Others
7.3. Market Segmentation By End User
7.3.1. Hospitals
7.3.2. Diagnostic Laboratories
7.3.3. Pharmaceutical
7.3.4. Biotechnology
7.3.5. Others

8. Analytical Laboratory Instrument Market, Supply Chain Analysis
8.1. Raw Material And Component Suppliers
8.2. Manufacturers
8.3. Wholesalers And Distributors
8.4. End-Users

9. Analytical Laboratory Instruments Market Trends And Strategies
9.1. 3D Printed Analytical Laboratory Instrument
9.2. Companies Investing In Big Data Analytics
9.3. Automation In Analytical Laboratory Instruments
9.4. New 3D Microscopes
9.5. Increasing Mergers And Acquisitions
9.6. Use Of Cloud Technology For Analytical Laboratory Instruments

10. Analytical Laboratory Instruments Market, COVID Impact Analysis
10.1. Pressure On Laboratory Equipment Due To Increased Need For Testing
10.2. Supply Chain Disruptions - Thermo Fisher Scientific Case Study
10.3. Automation to Meet the Challenges of COVID-19 Research - Agilent Technologies Case Study
10.4. Digital Lab Connectivity
10.5. Post-COVID Analytical Laboratory Instruments Market Scenario

11. Global Analytical Laboratory Instruments Market Size And Growth
11.1. Market Size
11.2. Historic Market Growth, 2015 - 2019, Value ($ Million)
11.2.1. Drivers Of The Market 2015 - 2019
11.2.2. Restraints On The Market 2015 - 2019
11.3. Forecast Market Growth, 2019 - 2023, 2025F, 2030F Value ($ Million)
11.3.1. Drivers Of The Market 2019 - 2023
11.3.2. Restraints On The Market 2019 - 2023

12. Global Analytical Laboratory Instruments Market Segmentation
12.1. Global Analytical Laboratory Instruments Market, Segmentation By Type, Historic And Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Million)
12.1.1. Elemental Analysis
12.1.2. Molecular Analysis
12.1.3. Separational Analysis
12.1.4. Others
12.2. Global Analytical Laboratory Instruments Market, Segmentation By End-User, Historic And Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Million)
12.2.1. Hospitals
12.2.2. Pharmaceutical
12.2.3. Biotechnology
12.2.4. Diagnostic Laboratories
12.2.5. Other End-User

13. Analytical Laboratory Instruments Market, Regional And Country Analysis
13.1. Global Analytical Laboratory Instruments Market, By Region, Historic and Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Million)
13.2. Global Analytical Laboratory Instruments Market, By Country, Historic and Forecast, 2015 - 2019, 2023F, 2025F, 2030F, Value ($ Million)

14. Asia-Pacific Analytical Laboratory Instruments Market

15. Western Europe Analytical Laboratory Instruments Market

16. Eastern Europe Analytical Laboratory Instruments Market

17. North America Analytical Laboratory Instruments Market

18. South America Analytical Laboratory Instruments Market

19. Middle East Analytical Laboratory Instruments Market

20. Africa Analytical Laboratory Instruments Market

21. Global Analytical Laboratory Instruments Market Competitive Landscape
21.1. Company Profiles
21.2. Thermo Fisher Scientific Inc.
21.2.1. Company Overview
21.2.2. Products And Services
21.2.3. Business Strategy
21.2.4. Financial Overview
21.3. Danaher Corporation
21.3.1. Company Overview
21.3.2. Products And Services
21.3.3. Business Strategy
21.3.4. Financial Overview
21.4. Agilent Technologies, Inc.
21.4.1. Company Overview
21.4.2. Products And Services
21.4.3. Business Strategy
21.4.4. Financial Overview
21.5. Shimadzu Corporation
21.5.1. Company Overview
21.5.2. Products And Services
21.5.3. Business Strategy
21.5.4. Financial Overview
21.6. F. Hoffmann-La Roche AG
21.6.1. Company Overview
21.6.2. Products And Services
21.6.3. Business Strategy
21.6.4. Financial Overview

22. Key Mergers And Acquisitions In The Analytical Laboratory Instruments Market
22.1. Sartorius Group Acquired Life Sciences Business From Danaher Corporation
22.2. Adaptas Solutions Acquired Applied Kilovolts and Analytical Instrumentation Business From L3Harris Technologies
22.3. Agilent Technologies Inc. Acquired BioTek Instruments
22.4. Agilent Technologies Inc. Acquired ACEA Biosciences Inc.
22.5. Thermo Fisher Scientific Inc. Acquired Affymetrix, Inc.
22.6. VWR International Acquired Hichrom Limited

23. Analytical Laboratory Instruments Market Opportunities And Strategies
23.1. Global Analytical Laboratory Instruments Market In 2023 - Countries Offering Most New Opportunities
23.2. Global Analytical Laboratory Instruments Market In 2023 - Segments Offering Most New Opportunities
23.3. Global Analytical Laboratory Instruments Market In 2023 - Growth Strategies
23.3.1. Market Trend Based Strategies
23.3.2. Competitor Strategies

24. Analytical Laboratory Instruments Market, Conclusions And Recommendations
24.1. Conclusions
24.2. Recommendations
24.2.1. Product
24.2.2. Price
24.2.3. Place
24.2.4. Promotion

25. Appendix

Companies Mentioned

  • A.KRUSS Optronic GmbH

  • Ace Instruments & Services Pvt Ltd.

  • Aczet Pvt Ltd

  • Advance Scientific Equipment Pvt. Ltd.

  • Agilent Technologies, Inc.

  • AK Scientific Instruments

  • AMETEK Process Instruments

  • Analytik Jena AG

  • Anton Paar Ltd

  • Appleton Woods Ltd

  • BDH Middle East LLC

  • Bio-Rad Laboratories, Inc.

  • Bruker Corporation

  • BWB Technologies Ltd

  • Chemglass Life Sciences Inc.

  • Cleaver Scientific Ltd

  • Cole-Parmer Instrument Company Ltd

  • CSI Analytical Innovations

  • Danaher Corporation

  • ECROSKHIM Co., Ltd

  • Elvatech Ltd

  • Endress+Hauser

  • Eppendorf

  • Estec Ltd

  • F-DGSi

  • F. Hoffmann-La Roche AG

  • Ghiath Mohammad Kaki Est.

  • Grant Instruments

  • Ionicon Analytik Ges.m.b.H.

  • Keithley Equipment

  • Kimble Chase

  • Labex (PTY) Ltd.

  • LabGeni

  • LABOAO

  • Laboratory Equipment and Instruments (LOIP)

  • Labotec

  • Labstock (Nigeria) Limited

  • Maa Scientific International LLC

  • Malvern Panalytical

  • Markes International Ltd

  • Metrohm AG

  • Mettler-Toledo International Inc.

  • MRC

  • Myron L Company

  • NanoMagnetics Instruments Ltd

  • Nanosurf

  • National Scientific Co. Ltd.

  • PAC L.P

  • Peak Scientific Instruments

  • PerkinElmer, Inc.

  • QIAGEN

  • Rhenium

  • Rostec

  • RotaLab

  • Saifi International Co

  • Sartorius AG

  • Scientific Solutions

  • Seaward Electronic Ltd

  • SEM GROUP

  • Sherwood Scientific Ltd

  • Shimadzu Corporation

  • Signal Group Ltd

  • Silicol-Silicol Scientific Equipment Ltd

  • SP Industries

  • Specac Limited

  • Spectris plc

  • Spectro Scientific Inc

  • Stable Micro Systems

  • SUEZ Water Technologies and Solutions

  • Systech Instruments Ltd

  • Teledyne Tekmar

  • Thermo Fisher Scientific Inc.

  • Toshvin Analytical Pvt. Ltd.

  • Tungsten Analytical Testing Equipment Trading LLC

  • Waters Corporation

  • Wirsam Scientific

  • WITec GmbH

  • Yamato Scientific co., ltd

  • ZEISS Group

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