Report Highlights
The global market for analytical laboratory instruments is estimated to increase from $60.9 billion in 2023 to reach $82.5 billion by 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 through 2028.
Report Includes
- 39 data tables and 33 additional tables
- An overview of the global market for analytical laboratory instruments manufacturing
- In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2024 and 2026. This analysis includes projections of compound annual growth rates (CAGRs) through 2028
- Evaluation of the current market size and revenue growth prospects specific to the manufacture of analytical laboratory instruments, accompanied by a market share analysis by type, application and geographical region
- Examination of the influence of government regulations, current technology and the economic factors that are shaping the market
- Review of patents, the product pipeline, ESG trends and emerging technologies
- Market share analysis of the key companies in the industry and coverage of mergers & acquisitions, joint ventures, collaborations, partnerships, and other market strategies
- Profiles of leading market participants, including Thermo Fisher Scientific, Agilent Technologies, Shimadzu, Danhar, Mettler-Toledo International, and Bruker
Report Scope
The report's scope includes the instruments used for elemental, separation, and molecular analysis. The report further examines various end-user industries of laboratory analytical instruments, such as life science, chemical/ petrochemical and oil & gas, food testing, and others (environmental testing, materials, and forensic science). The market size and estimations are provided in value ($ millions), with 2022 as the base year and market forecasts from 2023 through 2028.
Further market study also examines growth perspective across regions, mainly North America, Europe, Asia-Pacific, and RoW. Major countries in each region have been further included to clarify the regional growth prospectus.
The report also features a separate section highlighting the sustainability perspective of the analytical laboratory instruments market at the global level. The section covers companies' performance on different ESG (Environment, Social, and Governance) parameters.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||
| Base year market size | $57.4 billion | ||||||||||||||||
| Market size forecast | $82.5 billion | ||||||||||||||||
| Growth rate | CAGR of 6.3% for the forecast period of 2023-2028 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Types, End-User Industry, and Geographic Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, Australia, Africa, and South America | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
||||||||||||||||
Frequently Asked Questions (FAQs)
- Type
- Application
- Region
Analyst Credentials
Harsh Goyal– Associate Consultant – Technology Research
Harsh Goyal is an experienced market research professional with more than seven years of industry experience in research and analysis, specializing in healthcare, finance & technology. He has worked in multiple domains such as ICT, energy, automotive, defense and others. Academically, Harsh holds a master’s degree in Finance and Marketing and a bachelor’s degree in Commerce (Economics).
Report Highlights
The global analytical laboratory instruments manufacturing market will grow from $83.3 billion in 2017 to $115.8 billion by 2022 with a compound annual growth rate (CAGR) of 6.8% for the period of 2017-2022.
Report Includes
- 97 data tables
- An industry analysis of global markets for analytical laboratory instruments manufacturing
- Country specific data and analysis for United States, Canada, Mexico, Germany, U.K., France, China, India, Japan, Russia, Middle East and Africa
- Breakdown of the laboratory instruments manufacturing market by type, application, end users, and major geographies
- Elaboration on the influence of government regulations, current technology, and the economic factors that are and will shape the marketplace
- Review key developments, novel product innovations, and recent strategic industry activities of major players across various product categories
- Profiles of leading companies in the market, including Agilent Technologies, BioMérieux S.A., Danaher Corp., Thermo Fisher Scientific, and Waters Corp.
Related Reports
Microscopy: The Global Market
The global market for microscopy is expected to grow from $9.7 billion in 2024 and is projected to reach $13.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.6% during the forecast period of 2024 to 2029.
Biosensors and Nanosensors: Global Markets and Technologies
The global market for biosensors and nanosensors is expected to grow from $30.6 billion in 2023 to $43.5 billion by 2028, at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2028.
Traditional and Emerging Spectroscopy Techniques in Life Sciences
The global spectroscopy technology market should grow from $13.2 billion in 2018 to $16.3 billion by 2023 at a compound annual growth rate (CAGR) of 4.4% for the period of 2018-2023.
Chromatography in Pharmaceuticals and Biotechnology: Global Markets
The global market for chromatography instruments and reagents should grow from $9.8 billion in 2018 to $14.0 billion in 2023 at a compound annual growth rate (CAGR) of 7.3% from 2018 to 2023.
Recent Reports
Microscopy: The Global Market
The global market for microscopy is expected to grow from $9.7 billion in 2024 and is projected to reach $13.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.6% during the forecast period of 2024 to 2029.
Environmental Sensing and Monitoring Technologies: Global Markets
The global market for environmental sensing and monitoring technologies is estimated to increase from 31.3 billion in 2024 to reach $41.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% from 2024 through 2029.
Protective Relays and Circuit Breakers: Global Markets
The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.
Brain-Computer Interface: Global Markets
The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.
Educational Equipment and Software: Global Markets
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More