Lab Accessories Market Analysis and Opportunity Assessment 2022-2032

According to a recent study published by Future Market Insights, the Lab Accessories Market is expected to reach US$ 1.1 Billion by 2032, up from US$ 585.0 Million in 2022, expanding at a high CAGR of 6.8%. This study explains that the increase in the availability of funding for research, rapid technological advancements and large-scale disease outbreaks are also expected contribute to the growth of the Lab Accessories Market over the forecast period.

The continuous laboratory product launches due to increasing demand for laboratory accessories is expected to support the global laboratory accessories market growth over the forecast period. There is a constant increase in demand for laboratory accessories, due to growing competition in pharmaceutical and diagnostic industries (as lab accessories are basic requirements to run a laboratory).

In order to meet the ever-growing demand for lab accessories, manufacturers have to keep on introducing newer products with advanced technology to support the lab automation. For instance, along with conventional lab accessories, products such as microplates and modular lab tables are also gaining popularity.

Moreover, demand for diagnosis of infectious disease is also rising owing to increasing prevalence of various infectious diseases. According to World Health Organization (WHO), an estimated 36.7 million people were suffering from HIV in 2016. There is also a considerable increase in number of funding agencies for research institutes from the previous years,

such as Science and Technology Application for Rural Development (STARD) 2015 and Intensification of Research in Higher Priority Areas (IRHPA) 2016, among others. This funding's are expected to boost the global laboratory accessories market growth over the forecast period as lab accessories would be required to run the laboratories.

Leading Companies Profiled in Lab Accessories Market are

  • Thermo Fisher Scientific Inc.
  • Analytik Jena AG
  • Biotix Inc.
  • Vistalab Technologies Inc.
  • Bio Rad Laboratories Inc.
  • Brooks Automation Inc.
  • BD
  • Corning Incorporated
  • Greiner Bio-One International GmbH
  • Hamilton Company
  • Parker Hannifin Corporation
  • Heidolph Instruments GmbH & Co. KG
  • Gilson Inc.
  • HNP Mikrosyteme GmbH
  • Verderflex

Read More@ https://www.futuremarketinsights.com/reports/lab-accessories-market

Key Segments Covered in The Lab Accessories Market Study

Lab Accessories Market by Type:

  • Lab Microplates
    • Microplate Accessories
  • Lab Label Printers
  • Lab Pipettes
  • Lab Pumps
  • Lab Reagent Reservoirs
  • Lab Valves
  • Lab Tubings
  • Lab Wash Stations

Lab Accessories Market by End User:

  • Lab Accessories for OEMs
  • Lab Accessories for Biotechnology and Pharmaceutical Companies
  • Lab Accessories for Hospitals and Private Laboratories
  • Lab Accessories for Academic Institutes
  • Lab Accessories for Research Institutes

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