Global Life Science & Analytical Instruments Market Research Report, on the type of instruments (Centrifuges, Chromatography, Electrophoresis, Flow Cytometry, Microscopy, Cell Counting instruments, PCR, Spectroscopy, Western Blotting), by end user (Pharmaceutical and Biotechnology Companies, Agriculture and Food Industry, Research and Clinical Testing Laboratories) and by application (Research Applications, Diagnostic Applications and Other Applications)- Forecast till 2023
Market Scenario:
Global Life Science And Analytical Instrument Market in 2016 was $ 36.5 billion. The market is expected to grow at a CAGR of 6.5 % during 2017-2023 and reach to $ 56.7 billion till end of 2023.
Life science and analytical instruments are used in the in detection, monitoring and analysis of living organism or any product. Number of devices and instruments are fall under lifescience and analytical instrument namely spectrometers, flow cytometers, electrophoresis devices, centrifuges, chromatography devices and many more. The important users for this instruments and pharmaceutical and biotechnological industries. Other than this different testing laboratories and many food and agricultural industries use them for their testing. Continuous advances in technology has increased the number of different types of instruments in the market. Introduction new and more accurate instrument has boosted the market of analytical instrument. The market of lifescience and analytical instruments are driven by different drivers like increasing number of pharmaceutical and biotechnological industries, increasing prevalence of diseases which has increase the number of testing, investing more and more capital in research and development of lifescience and analytical instruments and many more. While lack of skilled people and high cost of instruments are few factor that restrain the growth of market.
Life science instrument are used in for the different application like diagnosis, research and testing. Life science instruments are used in all the sectors of healthcare and life sciences. Increasing clinical research, increasing spending on instrumentation used for the various research in chemistry. All the testing which are carried out in clinical laboratories and analytical chemistry are not possible without different life science instruments. Due to increasing number of research companies, increasing number of biotechnological, biomedical, testing laboratories has increases the market of life science and analytical instruments globally. Life science instruments are used in identification of safety of food sample as well as analysis of DNA for discovery of new drugs.
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Key Players for Global Life Science and analytical Instrumentation Market:
- Becton, Dickinson and Company (U.S.)
- Thermo Fisher Scientific, Inc. (U.S.)
- Agilent Technologies, Inc. (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Bio-Rad Laboratories, Inc. (U.S.)
- Bruker Corporation (U.S.)
- Danaher Corporation (U.S)
- PerkinElmer, Inc. (U.S.)
- Shimadzu Corporation (Japan)
- Waters Corporation (U.S.)
- Charles River Laboratories International, Inc. (U.S.)
- Avance Biosciences (US)
- Paragon Bioservices, Inc (US)
- Avista Pharma Solutions(US)
- Dynalabs (US)
- Merck KGaA (Germany)
Segmentation
Global Life Science and analytical Instrumentation Market has been segmented on the basis of type of instruments they are Centrifuges (Laboratory centrifuges, Analytical ultracentrifuges, Gas centrifuges and Other), Chromatography (Thin-layer Chromatography (TLC), Liquid Chromatography, Gas Chromatography, HPTLC and Other), Electrophoresis (Conventional Electrophoresis [One Dimensional and two dimensional) and Capillary Electrophoresis), Flow Cytometry, Microscopy (Scanning electron microscope, Transmission electron microscope and Other), Cell Counting instruments (Hemocytometers and Other), PCR, Spectroscopy (Mass Spectroscopy, UV spectroscopy, Atomic spectroscopy and Other), Western Blotting, Other (Sterilization instruments, Incubators, Colorimeters, Freezers, Laboratories balances, other).
On the basis of End user they are segmented into Pharmaceutical and Biotechnology Companies, Agriculture and Food Industry, Research and Clinical Testing Laboratories and Other. On the basis of application they are segmented as Research Applications, Diagnostic Applications and Other Applications
Regional Analysis:
The global life science and analytical instrumentation market is segmented into- North America, Europe, Asia Pacific and Middle East and Africa. Due to huge development in drug discovery research, increase in number of research studies, development of industrial sector and many more are responsible for making North America market as a dominating market. North America is followed by Europe. Asia Pacific is expected to grow at the fastest growth rate for the lifescience and analytical instrumentation market. Increasing clinical research and increasing government support has help this market to grow at impressive rate. Beside this increasing number of testing laboratories and agricultural industries has increased the market in this region.
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The report for Global Life Science and analytical Instrumentation Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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