Laboratory Equipment And Disposables Market - Forecast(2024 - 2030)

Report Code: HCR 25557 Report Format: PDF + Excel

Laboratory Equipment and Disposables Market Overview

Laboratory Equipment and Disposables Market size is estimated to reach $4,960 million by 2026, growing at a CAGR of 7.1% during 2021-2026. Laboratory is facility that is equipped to perform scientific experiments with the help of equipment and disposables. Micro manipulation systems are most common equipment in laboratory that physically interact with a sample under a microscope. In laboratory, lab air filtration system offers solution in order to modify air quality within the laboratory in order to provide safety. In laboratory, laminar flow hood are used as ventilation devices to provide an aseptic work area that helps to prevent both the laboratory personnel and the materials.

A homogenizers is a piece of laboratory that are high-quality handheld models which is used for the homogenization of various types of material. Laboratory Equipment offers spectrophotometers that helps to measure light intensity as a function of wavelength. Increasing prevalence of infectious disease among people and growing technological advancement is the major factor driving the growth of this market. Furthermore, increasing research and development activities in medical industry is set to further enhance the overall market demand for Laboratory Equipment and Disposables Market for the period 2021-2026.

Report Coverage

The report: “Laboratory Equipment and Disposables Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Laboratory Equipment and Disposables Market. 
By Product Type: Equipment, Disposables.
By End-Use Industry: Hospitals, Laboratories, and Others.
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa).

Key Takeaways

  • Geographically, in 2020, North America dominated the Laboratory Equipment and Disposables Market owing to increasing prevalence of infectious diseases that require laboratory testing, high healthcare expenditure and increasing favourable reimbursement policies.
  • Increasing prevalence of infectious disease among people and growing technological advancement are likely to aid in the market growth of the Laboratory Equipment and Disposables.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Laboratory Equipment and Disposables Market report.
  • High cost associated with laboratory equipment is set to create hurdles for the Laboratory Equipment and Disposables Market. 


Laboratory Equipment and Disposables Market Size, By End-Use Industry 2020-2026 (USD Million)

 Laboratory Equipment and Disposables Market

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Laboratory Equipment and Disposables Segment Analysis – By Product Type

The global Laboratory Equipment and Disposables Market based on Product Type can be further segmented into Equipment, Disposables. The Equipment segment is the major segment generating revenue in 2020. This is mainly owing to equipment that are the necessary tools used in a laboratory setting to carry out various tasks such as clinical testing of body fluids, pathological testing of body tissues, microbial testing of samples, and others. Moreover, growth in awareness for advanced equipment such as micro manipulation systems, lab air filtration, laminar flow hood and wide availability of equipment increases the growth of this market. The Disposables segment is estimated to register the fastest CAGR of 2% for the period 2021-2026. This is mainly owing to rise in number of laboratories and increase in number of diagnostic lab procedures increasing the growth of this segment.

Laboratory Equipment and Disposables Segment Analysis – By End-Use Industry

The global Laboratory Equipment and Disposables Market based on End-Use Industry can be further segmented into Hospitals, Laboratories, and Others. The Hospital segment registers for the highest Laboratory Equipment and Disposables market share in 2020. This is owing to easy accessibility of hospital and higher selling capacity. Moreover, owing to availability of skilled professional patients can prefer hospitals and government is taking initiatives to develop the laboratories in hospitals that increases the growth of this market. The Laboratories segment is estimated to register the fastest CAGR of 1.55% over 2021-2026. This is mainly owing to rising research and development in laboratory and increasing research related to life science and biotechnology and are increasing the growth of this market.

Laboratory Equipment and Disposables Segment Analysis – By Geography

North America dominated the Laboratory Equipment and Disposables Market with major share of 40% in 2020. This is owing to the increasing prevalence of infectious diseases that require laboratory testing, high healthcare expenditure and increasing favorable reimbursement policies. According to Center for Disease Control and Prevention (CDC), about 6,75,000 people are suffering from infectious diseases in 2016 that increases the growth of this segment. 

However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 3.55% during the forecast period 2021-2026 owing to rising population and increasing development in healthcare.

Laboratory Equipment and Disposables Market Drivers

Increasing Prevalence of Infectious Disease

Increasing prevalence of various infectious diseases such as HIV, Ebola, TB, and others increasing the growth of the Laboratory Equipment and Disposables Market. According to World Health Organization, about 1.4 million people are suffering from TB that increases the demand for equipment such as homogenizers, spectrophotometers for treatment and are increasing the growth of the Laboratory Equipment and Disposables Market over 2021-2026.

Growing Technological Advancement

Technological advancements in the field of laboratory equipment, increase in number of clinical diagnostic procedures, and rise in private & public healthcare investments increases the growth of this Market. Moreover, improved diagnostic facilities increases the need of laboratories equipment and are increasing the growth of Laboratory Equipment and Disposables Market over 2021-2026.

Covid-19 Impact:

COVID-19 pandemic had greatly affected the Laboratory Equipment and Disposables Market. During pandemic, researchers are working relentlessly to develop a vaccine and potential treatments for Covid-19 that increases the need of laboratory equipment and are positively impacted the growth of this market.

Laboratory Equipment and Disposables Market Challenges

High Cost Associated with Laboratory Equipment

The factors that is set to impede the growth of the Laboratory Equipment and Disposables Market are high cost of technologically advanced laboratory equipment. Moreover, lack of clinical laboratories is set to create hurdles for the Laboratory Equipment and Disposables Market.

Laboratory Equipment and Disposables Landscape

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Laboratory Equipment and Disposables Market. Laboratory Equipment and Disposables top 10 companies include, Bio-Rad Laboratories, Danaher Corp, Bruker Corporation, Fujifilm Irvine Scientific, Sartorius AG, PerkinElmer Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., Agilent Technologies, Labcyte, and Beckman Coulter Life Sciences Inc.

Development

  • In January 2019, Beckman Coulter Life Sciences Inc. announced the acquisition of Labcyte in order to expand the laboratory automation business and enhance time-saving solutions for customer workflows.

Relevant Reports:

Report Code: HCR 0531 

Report Code: HCR 87532

For more Lifesciences and Healthcare Market reports, please click here
1. Laboratory Equipment and Disposables Market Overview
    1.1 Definitions and Scope
2. Laboratory Equipment and Disposables Market Executive Summary
    2.1 Market Size and Key Trends
    2.2 Key trends by Product Type
    2.3 Key trends by End-Use Industry
    2.4 Key trends by Geography
3. Laboratory Equipment and Disposables Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Laboratory Equipment and Disposables Market- Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Laboratory Equipment and Disposables Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Laboratory Equipment and Disposables Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Laboratory Equipment and Disposables Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Laboratory Equipment and Disposables Market– By Product Type (Market Size -$Million/$Billion)
    8.1 Equipment
        8.1.1 Incubator
        8.1.2 Laminar Flow Hood
        8.1.3 Micro Manipulation Systems
        8.1.4 Homogenizers
        8.1.5 Others
    8.2 Disposables
        8.2.1 Pipettes
        8.2.2 Tips
        8.2.3 Tubes
        8.2.4 Cuvettes
        8.2.5 Others
9. Laboratory Equipment and Disposables Market– By End-Use Industry (Market Size -$Million/$Billion)
    9.1 Hospitals
    9.2 Laboratories
    9.3 Others
10. Laboratory Equipment and Disposables Market- By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 Italy
        10.2.4 France
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Australia
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 India
        10.3.6 Rest of Asia-Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Others
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Laboratory Equipment and Disposables Market Entropy
12. Laboratory Equipment and Disposables Market- Industry / Segment Competition landscape Premium Premium
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Key companies
        12.1.2 Market Share by Region- Key companies
        12.1.3 Market Share at Global Level- Key companies
        12.1.4 Best Practices for Companies
13. Laboratory Equipment and Disposables Market- Key Company List by Country Premium Premium
14. Laboratory Equipment and Disposables Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
1.1 Equipment Market 2023-2030 ($M) - Global Industry Research
1.1.1 Incubators Market 2023-2030 ($M)
1.1.2 Laminar flow hood Market 2023-2030 ($M)
1.1.3 Micro manipulation systems Market 2023-2030 ($M)
1.1.4 Centrifuges Market 2023-2030 ($M)
1.1.5 Lab air filtration system Market 2023-2030 ($M)
1.1.6 Scopes Market 2023-2030 ($M)
1.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
1.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
1.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
1.2 Disposables Market 2023-2030 ($M) - Global Industry Research
1.2.1 Pipettes Market 2023-2030 ($M)
1.2.2 Tips Market 2023-2030 ($M)
1.2.3 Tubes Market 2023-2030 ($M)
1.2.4 Cuvettes Market 2023-2030 ($M)
1.2.5 Dishes Market 2023-2030 ($M)
1.2.6 Gloves Market 2023-2030 ($M)
1.2.7 Masks Market 2023-2030 ($M)
1.2.8 Cell imaging consumables Market 2023-2030 ($M)
1.2.9 Cell culture consumables Market 2023-2030 ($M)
2.Global LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 (Volume/Units)
2.1 Equipment Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Incubators Market 2023-2030 (Volume/Units)
2.1.2 Laminar flow hood Market 2023-2030 (Volume/Units)
2.1.3 Micro manipulation systems Market 2023-2030 (Volume/Units)
2.1.4 Centrifuges Market 2023-2030 (Volume/Units)
2.1.5 Lab air filtration system Market 2023-2030 (Volume/Units)
2.1.6 Scopes Market 2023-2030 (Volume/Units)
2.1.7 Sonicators and Homogenizers Market 2023-2030 (Volume/Units)
2.1.8 Autoclaves and sterilizers Market 2023-2030 (Volume/Units)
2.1.9 Spectrophotometer and microarray equipment Market 2023-2030 (Volume/Units)
2.2 Disposables Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 Pipettes Market 2023-2030 (Volume/Units)
2.2.2 Tips Market 2023-2030 (Volume/Units)
2.2.3 Tubes Market 2023-2030 (Volume/Units)
2.2.4 Cuvettes Market 2023-2030 (Volume/Units)
2.2.5 Dishes Market 2023-2030 (Volume/Units)
2.2.6 Gloves Market 2023-2030 (Volume/Units)
2.2.7 Masks Market 2023-2030 (Volume/Units)
2.2.8 Cell imaging consumables Market 2023-2030 (Volume/Units)
2.2.9 Cell culture consumables Market 2023-2030 (Volume/Units)
3.North America LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
3.1 Equipment Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Incubators Market 2023-2030 ($M)
3.1.2 Laminar flow hood Market 2023-2030 ($M)
3.1.3 Micro manipulation systems Market 2023-2030 ($M)
3.1.4 Centrifuges Market 2023-2030 ($M)
3.1.5 Lab air filtration system Market 2023-2030 ($M)
3.1.6 Scopes Market 2023-2030 ($M)
3.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
3.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
3.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
3.2 Disposables Market 2023-2030 ($M) - Regional Industry Research
3.2.1 Pipettes Market 2023-2030 ($M)
3.2.2 Tips Market 2023-2030 ($M)
3.2.3 Tubes Market 2023-2030 ($M)
3.2.4 Cuvettes Market 2023-2030 ($M)
3.2.5 Dishes Market 2023-2030 ($M)
3.2.6 Gloves Market 2023-2030 ($M)
3.2.7 Masks Market 2023-2030 ($M)
3.2.8 Cell imaging consumables Market 2023-2030 ($M)
3.2.9 Cell culture consumables Market 2023-2030 ($M)
4.South America LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
4.1 Equipment Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Incubators Market 2023-2030 ($M)
4.1.2 Laminar flow hood Market 2023-2030 ($M)
4.1.3 Micro manipulation systems Market 2023-2030 ($M)
4.1.4 Centrifuges Market 2023-2030 ($M)
4.1.5 Lab air filtration system Market 2023-2030 ($M)
4.1.6 Scopes Market 2023-2030 ($M)
4.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
4.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
4.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
4.2 Disposables Market 2023-2030 ($M) - Regional Industry Research
4.2.1 Pipettes Market 2023-2030 ($M)
4.2.2 Tips Market 2023-2030 ($M)
4.2.3 Tubes Market 2023-2030 ($M)
4.2.4 Cuvettes Market 2023-2030 ($M)
4.2.5 Dishes Market 2023-2030 ($M)
4.2.6 Gloves Market 2023-2030 ($M)
4.2.7 Masks Market 2023-2030 ($M)
4.2.8 Cell imaging consumables Market 2023-2030 ($M)
4.2.9 Cell culture consumables Market 2023-2030 ($M)
5.Europe LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
5.1 Equipment Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Incubators Market 2023-2030 ($M)
5.1.2 Laminar flow hood Market 2023-2030 ($M)
5.1.3 Micro manipulation systems Market 2023-2030 ($M)
5.1.4 Centrifuges Market 2023-2030 ($M)
5.1.5 Lab air filtration system Market 2023-2030 ($M)
5.1.6 Scopes Market 2023-2030 ($M)
5.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
5.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
5.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
5.2 Disposables Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Pipettes Market 2023-2030 ($M)
5.2.2 Tips Market 2023-2030 ($M)
5.2.3 Tubes Market 2023-2030 ($M)
5.2.4 Cuvettes Market 2023-2030 ($M)
5.2.5 Dishes Market 2023-2030 ($M)
5.2.6 Gloves Market 2023-2030 ($M)
5.2.7 Masks Market 2023-2030 ($M)
5.2.8 Cell imaging consumables Market 2023-2030 ($M)
5.2.9 Cell culture consumables Market 2023-2030 ($M)
6.APAC LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
6.1 Equipment Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Incubators Market 2023-2030 ($M)
6.1.2 Laminar flow hood Market 2023-2030 ($M)
6.1.3 Micro manipulation systems Market 2023-2030 ($M)
6.1.4 Centrifuges Market 2023-2030 ($M)
6.1.5 Lab air filtration system Market 2023-2030 ($M)
6.1.6 Scopes Market 2023-2030 ($M)
6.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
6.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
6.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
6.2 Disposables Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Pipettes Market 2023-2030 ($M)
6.2.2 Tips Market 2023-2030 ($M)
6.2.3 Tubes Market 2023-2030 ($M)
6.2.4 Cuvettes Market 2023-2030 ($M)
6.2.5 Dishes Market 2023-2030 ($M)
6.2.6 Gloves Market 2023-2030 ($M)
6.2.7 Masks Market 2023-2030 ($M)
6.2.8 Cell imaging consumables Market 2023-2030 ($M)
6.2.9 Cell culture consumables Market 2023-2030 ($M)
7.MENA LABORATORY EQUIPMENT AND DISPOSABLES MARKET, BY PRODUCT TYPE Market 2023-2030 ($M)
7.1 Equipment Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Incubators Market 2023-2030 ($M)
7.1.2 Laminar flow hood Market 2023-2030 ($M)
7.1.3 Micro manipulation systems Market 2023-2030 ($M)
7.1.4 Centrifuges Market 2023-2030 ($M)
7.1.5 Lab air filtration system Market 2023-2030 ($M)
7.1.6 Scopes Market 2023-2030 ($M)
7.1.7 Sonicators and Homogenizers Market 2023-2030 ($M)
7.1.8 Autoclaves and sterilizers Market 2023-2030 ($M)
7.1.9 Spectrophotometer and microarray equipment Market 2023-2030 ($M)
7.2 Disposables Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Pipettes Market 2023-2030 ($M)
7.2.2 Tips Market 2023-2030 ($M)
7.2.3 Tubes Market 2023-2030 ($M)
7.2.4 Cuvettes Market 2023-2030 ($M)
7.2.5 Dishes Market 2023-2030 ($M)
7.2.6 Gloves Market 2023-2030 ($M)
7.2.7 Masks Market 2023-2030 ($M)
7.2.8 Cell imaging consumables Market 2023-2030 ($M)
7.2.9 Cell culture consumables Market 2023-2030 ($M)

LIST OF FIGURES

1.US Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
2.Canada Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
3.Mexico Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
4.Brazil Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
5.Argentina Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
6.Peru Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
7.Colombia Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
8.Chile Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
9.Rest of South America Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
10.UK Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
11.Germany Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
12.France Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
13.Italy Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
14.Spain Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
15.Rest of Europe Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
16.China Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
17.India Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
18.Japan Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
19.South Korea Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
20.South Africa Laboratory Equipment And Disposables Market Revenue, 2023-2030 ($M)
21.North America Laboratory Equipment And Disposables By Application
22.South America Laboratory Equipment And Disposables By Application
23.Europe Laboratory Equipment And Disposables By Application
24.APAC Laboratory Equipment And Disposables By Application
25.MENA Laboratory Equipment And Disposables By Application
26.Agilent technologies Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.BIO-RAD LABORATORIES, INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.BRUKER CORPORATION, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Danaher Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Fujifilm Holdings Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.PERKINELMER INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Sartorius AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Shhimadzu Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Thermo Fisher Scientific, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Waters Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)