
Laboratory Equipment Market Size Was Valued at USD 37.54 Billion in 2024, and is Projected to Reach USD 60.29 Billion by 2032, Growing at a CAGR of 6.1% from 2025-2032.
The laboratory instruments market comprises a wide spectrum of tools, devices, and equipment necessary for scientific research, diagnostics, and experimentation. It encompasses simple instruments such as beakers and pipettes and cutting-edge technologies such as spectrophotometers, centrifuges, and AI-empowered analysers. Such instruments are heavily depended upon by laboratories in both academic, clinical, and industrial environments for precision measurement, analysis, and the production of data, rendering them a necessity in the advancement of science.
Market growth is influenced mainly by the growing R&D in the pharmaceutical and biotechnology sectors, growing diagnostic needs, and increasing clinical research trials. Further impetus by the need for personalised medicine and quicker disease identification has further strengthened demand for accurate and automated lab solutions. Private investment and government support also persist to drive innovation and infrastructure buildup.
“Agilent Technologies, Inc. (USA), BD (Becton, Dickinson and Company) (USA), Beckman Coulter Inc. (USA), Bio-Rad Laboratories Inc. (USA), Bruker Corporation (Germany), Cole-Parmer Instrument Company (USA), Danaher Corporation (USA), Eppendorf AG (Germany), Fujifilm Holdings Corporation (Japan), Hitachi High-Tech Corporation (Japan), Horiba, Ltd. (Japan), Labconco Corporation (USA), Merck Group (Germany), Mettler-Toledo International Inc. (USA), PerkinElmer Inc. (USA), Sartorius AG (Germany), Shimadzu Corporation (Japan), TA Instruments (USA), Thermo Fisher Scientific Inc. (USA), Waters Corporation (USA), Zeiss Group (Germany), and Other Active Players.”
The Laboratory Equipment Market is segmented based on Type, Equipment Type, Contract Type, Service Provider, End-Users, and Region
Laboratory Equipment Market |
|||
Base Year: |
2024 |
Forecast Period: |
2025-2032 |
Historical Data: |
2018 to 2024 |
Market Size in 2024: |
USD 37.54 Bn. |
Forecast Period 2025-32 CAGR: |
6.1% |
Market Size in 2032: |
USD 60.29 Bn. |
Segments Covered: |
By Type |
|
|
By Equipment Type |
|
||
By Contract Type |
|
||
By Service Provider |
|
||
By End-use |
|
||
By Region |
|
||
Growth Driver: |
|
||
Limiting Factor |
|
||
Expansion Opportunity |
|
||
Challenge Barrier |
|
||
Companies Covered in the Report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics and Opportunity Analysis
3.1.1 Growth Drivers
3.1.2 Limiting Factors
3.1.3 Growth Opportunities
3.1.4 Challenges and Risks
3.2 Market Trend Analysis
3.3 Industry Ecosystem
3.4 Industry Value Chain Mapping
3.5 Strategic PESTLE Overview
3.6 Porter's Five Forces Framework
3.7 Regulatory Framework
3.8 Pricing Trend Analysis
3.9 Intellectual Property Review
3.10 Technology Evolution
3.11 Import-Export Analysis
3.12 Consumer Behavior Analysis
3.13 Investment Pocket Analysis
3.14 Go-To Market Strategy
Chapter 4: Laboratory Equipment Market by Type (2018-2032)
4.1 Laboratory Equipment Market Snapshot and Growth Engine
4.2
The projected forecast period for the Laboratory Equipment Market Research Report is 2025-2032.
Agilent Technologies, Inc. (USA), BD (Becton, Dickinson and Company) (USA), Beckman Coulter Inc. (USA), Bio-Rad Laboratories Inc. (USA), Bruker Corporation (Germany), Cole-Parmer Instrument Company (USA), Danaher Corporation (USA), Eppendorf AG (Germany), Fujifilm Holdings Corporation (Japan), Hitachi High-Tech Corporation (Japan), Horiba, Ltd. (Japan), Labconco Corporation (USA), Merck Group (Germany), Mettler-Toledo International Inc. (USA), PerkinElmer Inc. (USA), Sartorius AG (Germany), Shimadzu Corporation (Japan), TA Instruments (USA), Thermo Fisher Scientific Inc. (USA), Waters Corporation (USA), Zeiss Group (Germany), and Other Active Players.
The Laboratory Equipment Market is segmented into Type, Equipment Type, Contract Type, Service Provider, End-Users, and Region. By Type, the market is categorized into Repair & Maintenance, Calibration, Validation. By Equipment Type, the market is categorized into Specialty Equipment, General Equipment, Analytical Equipment, Others. By Contract Type, the market is categorized into Customized Service Contract, Standard Service Contract. By Service Provider, the market is categorized into Third-party Service Providers, OEMs, Other). By End-Users, the market is categorized into Pharmaceutical, Research Institutions, Healthcare, and Veterinary. By Region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Russia; Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; The Netherlands; Italy;; Spain; Rest of Western Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC), Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil; Argentina, etc.).
The laboratory instruments market consists of a wide spectrum of tools, devices, and equipment necessary for scientific research, diagnostics, and experimentation. It encompasses simple instruments such as beakers and pipettes, while also including cutting-edge technologies such as spectrophotometers, centrifuges, and AI-empowered analysers.
Laboratory Equipment Market Size Was Valued at USD 37.54 Billion in 2024, and is Projected to Reach USD 60.29 Billion by 2032, Growing at a CAGR of 6.1% from 2025-2032.