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 life science 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.
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.
The Market of Life Science 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 life science and analytical instruments and many more. While lack of skilled people and high cost of instruments are few factors that restrain the growth of market.
Global Life Science and Analytical Instrumentation Market – Key Players
Majority of the market is dominated by major players. Top 25 companies share almost 75 % of total market share. The major key players of Global Life Science and analytical Instrumentation Market are 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) and Many more.
Global Life Science and Analytical Instrumentation Market – 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).
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Based on End user, they are segmented into Pharmaceutical and Biotechnology Companies, Agriculture and Food Industry, Research and Clinical Testing Laboratories and Other. Based on application, they are segmented as Research Applications, Diagnostic Applications and Other Applications
Global Life Science & Analytical Instruments Market – Regional Analysis
Geographically, Global Life Science and Analytical Instrument Market is dominated by North America due to contribution of US and Canada. Healthcare sector is continuously developing in this region, increasing number of pharmaceutical industries, biotechnological industries and number of laboratory has boosted its growth in this region. North America is followed by Europe in life science and analytical instruments devices. Germany, France and UK are the major contributor of this market in Europe. Increasing number of diseases has increased the number of research which are carried out has increase the European market.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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