Global Laboratory Equipment Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)

Key Trends in the Market

Laboratory equipment refers to equipment and tools that are used in laboratories by scientists, professors, and students. They are used for gathering data, performing experiments, collections, and storage of chemicals, and for taking measurements. Laboratory equipment aid in completion of scientific experiments and tasks with precision and accuracy as well as aid in the interpretation and analysis of data.

• The key laboratory equipment market trends include increase in number of research activities in pharmaceutical, biotechnology, and life sciences industries.  As experiments play a significant role in inventions and scientific discoveries, the utilisation of laboratory equipment in research centres and labs, among others is rising.
• Another crucial trend aiding the laboratory equipment market growth includes rising requirement for eco-friendly laboratory equipment. As substantial amounts of resources and energy is required for operating research facilities, many laboratories are investing in eco-friendly equipment in order to contribute to the environment and reduce their carbon footprint.
• Growing focus on quality control and elimination of errors is further increasing the demand for laboratory equipment. Novel technologies and products launched by market key players are geared towards eliminating unnecessary testing, reducing laboratory errors, and ensuring the proper execution and analysis of the conducted experiments and tasks.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Global Laboratory Equipment Market Analysis

Based on product, the market is divided into incubators, centrifuges, spectrometers, scopes, sonicators, and autoclaves, among others. On the basis of contract type, the market is bifurcated into customised service contract and standard service contract. By application, the market is segregated into biochemistry, endocrinology, microbiology, and genetic testing, among others. On the basis of region, the laboratory equipment market segmentation is North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global laboratory equipment market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Becton, Dickinson and Company.
• Bio-Rad Laboratories, Inc.
• F. Hoffmann-La Roche AG
• Bruker Corporation
• Eppendorf SE
• Waters Corporation
• Labconco Corporation
• Shimadzu Corporation
• Thermo Fisher Scientific Inc.
• MRC Ltd
• Others

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Global Laboratory Equipment Market Share by Product

Incubators, are anticipated to hold a sizable share of the market for laboratory equipment, based on product, in the upcoming years. An incubator is a crucial piece of equipment in a laboratory as it provides a contaminant-free and controlled environment to work with tissue and cell cultures. It does so by regulating conditions including humidity, temperature, and carbon dioxide, among others. Incubators have a wide range of applications, such as storage of bacterial culture, reproduction of microorganisms such as yeast, bacteria and viruses, and preservation of clinical tools.

Global Laboratory Equipment Market Share by Region

North America is projected to account for a significant share of the laboratory equipment market over the forecast period, driven by the extensive network of research institutions and diagnostic laboratories in the region. The regional market growth is further aided by the presence of major key players, growing prevalence of various communicable and non-communicable diseases, novel product launches, and the presence of well-established healthcare infrastructure.

Competitive Landscape

Other market players include Bruker Corporation, Eppendorf SE, Waters Corporation, Labconco Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., and MRC Ltd, among others.