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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