Laboratory Supplies Market Size, Share, Opportunities, And Trends By Offering (Chemicals and Reagents, Kits, Consumables), By End-User (Government, Life Sciences, Industrial, Others), And By Geography - Forecasts From 2025 To 2030

Laboratory Supplies Market Size

The global laboratory supplies market is projected to grow at a CAGR of 7.44% over the forecast period, increasing from US$47.531 billion in 2025 to US$68.044 billion by 2030.

Laboratory supplies refer to a broad range of necessary products used in scientific research, testing, and experimentation in fields such as healthcare, pharmaceuticals, biotechnology, and education. The supplies range from glassware and plasticware for measuring and mixing, consumables like gloves and lab coats for safety and hygiene, and chemical reagents needed for experiments. Specialized instruments, including microscopes, centrifuges, and spectrophotometers, play an integral role in detailed analyses, with safety equipment such as eyewash stations and fire extinguishers providing a secure working environment.

The laboratory supply market is growing through advances in science and technology and an increase in R&D activity. In the healthcare and pharmaceutical industries, rising demand for good-quality, highly specialized supplies - for example, in genomics, proteomics, and biotechnology-related areas - further fuels the expansion of the laboratory supply market. The focus on laboratory automation and sustainability has also enhanced the development of more efficient, eco-friendly, and cost-effective laboratory products.

Laboratory Supplies Market Drivers:

• Growing expenditure on research & development.

According to the statistics derived by the UNESCO Institute of Statistics, the global expenditure on R&D has reached as high as US$1.7 trillion. About ten countries account for 80% of spending. As part of the Sustainable Development Goals (SDGs), countries have pledged to substantially increase public and private R&D spending as well as the number of researchers by 2030.

Moreover, there have been continuous investments to fuel the expansion of R&D facilities, especially life sciences, across the globe. With rising healthcare expenditure and growing incidence of rare and orphan diseases, the life sciences industry is under tremendous pressure to increase the speed of drug discovery and development. This, in turn, is escalating the demand for laboratory supplies worldwide, thereby driving market growth.

Increasing investments by governments to improve the education sector to generate a great pool of talent is also supporting the expansion of research laboratories across the education sector, thus positively impacting the market growth of laboratory supplies. For example, the Canadian government provided funding of $763 million for the Canada Foundation for Innovation (CFI) over the next five years and $462 million per year starting in 2023-24. This investment allows CFI to continue to support researchers by investing in advanced labs and research equipment in Canadian universities, colleges, and research hospitals while creating a new generation of researchers.

• Growing focus of major market players on product innovation.

Prominent key market players in the laboratory supplies market include Lab Connections, Th. Geyer GmbH & Co. KG., Thermo Fisher Scientific, Spectrum Chemical Manufacturing Corp., Ing. Petr Švec - PENTA s.r.o., and Becton, Dickinson and Company, among others. These companies hold a noteworthy share of the market on account of their good brand image and product offerings.

The laboratory supplies market growth is also being driven by rising investments into the digital supply chain both by players across it and by companies that seek to tap the growth potential this transformation holds. For instance, Quartzy, an online platform that facilitates laboratory supply management and placing orders for supplies, is working with IndieBio, which works towards accelerating the growth of biotechnology start-ups. As these investments continue to increase, sales of laboratory supplies will also witness impressive growth on account of the improved efficiency of the overall process.

Laboratory Supplies Market Geographical Outlook:

• The laboratory supplies market is segmented into five regions worldwide

The global laboratory supplies market is segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Several factors, including growth in research and development activities across different sectors like pharmaceuticals, biotechnology, and healthcare, have driven the North American laboratory supplies market. There has been an increased investment in life sciences, medical research, and diagnostic labs that has further accelerated the demand for high-quality laboratory products. Expansion of the healthcare and biotechnology industries, with a growing need for personalized medicine and genomic research, is a driving force in this market. Furthermore, the rising demand for laboratory automation and precision equipment to improve efficiency and accuracy further boosts the growth of the market. Increased laboratory safety and sustainability focus are driving the adoption of eco-friendly products and safety-compliant supplies in the region.

Asia-Pacific laboratory supplies market is driven by rapid industrialization, increasing research and development activities, and the growing healthcare and biotechnology sectors in the region. Formulated by the Government of Japan, the Bioeconomy Strategy focuses on the development and advancement of the biotechnology sector to create "the world's most advanced bioeconomy society by 2030" and increase its size to 92 trillion yen, or US$837 billion.

Amongst this, high-performance biomaterials, bioplastics will receive 53.3 trillion yen/US$485 billion, sustainable primary production systems 1.7 trillion yen/US$15.5 billion, large-scale wood-based construction 1 trillion yen/US$9 billion, and lifestyle-related healthcare improvement 33 trillion yen/US$300 billion. Meanwhile, biopharmacy, regenerative medicine, cell therapy, and gene therapy might receive 3.3 trillion yen/US$30 billion by 2030.

Investments in medical research, pharmaceuticals, and academic institutions have increased demand for high-quality laboratory products. Increased clinical and diagnostic labs, and a greater emphasis on precision medicine, speed up the need for advanced laboratory supplies. Moreover, the increasing number of government initiatives to improve healthcare infrastructure and foster innovation in life sciences supports market growth.

Laboratory Supplies Market Key Developments:

• In September 2024, Bertram Capital announced its investment in MSE Supplies, LLC. MSE, a Tucson, AZ-based company, is a distributor of advanced materials, laboratory equipment, lab supplies, and analytical services. MSE empowers scientists and engineers in more than 100 countries with more than 10,000 products.
• In April 2024, Mindray, in response to the change in customer demand, developed and launched its New Solutions for Mid-Volume Laboratories, which consists of two standalone analyzers CL-2600i & BS-1000M, and two integrated solutions, M680 & M980. With their compact design and high efficiency, Mindray's New Solutions for Mid-Volume Laboratories reflect the continued commitment of Mindray to innovative chemiluminescence immunoassay and clinical chemistry technologies.

Laboratory Supplies Market Scope:

Report Metric	Details
Laboratory Supplies Market Size in 2025	US$47.531 billion
Laboratory Supplies Market Size in 2030	US$68.044 billion
Growth Rate	CAGR of 7.44%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Offering End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Laboratory Supplies Market	Th. Geyer GmbH & Co. KG. Thermo Fisher Scientific Spectrum Chemical Manufacturing Corp. Ing. Petr Švec - PENTA s.r.o. Becton, Dickinson and Company
Customization Scope	Free report customization with purchase

 

The Laboratory Supplies Market is analyzed into the following segments:

• By Offering
  • Chemicals and Reagents
  • Kits
  • Consumables
• By End-User
  • Government
  • Life Sciences
  • Industrial
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits for the Stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Supplier

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. LABORATORY SUPPLIES MARKET BY OFFERING

5.1. Introduction

5.2. Chemicals and Reagents

5.3. Kits

5.4. Consumables

6. LABORATORY SUPPLIES MARKET BY END-USER

6.1. Introduction

6.2. Government

6.3. Life Sciences

6.4. Industrial

6.5. Others

7. LABORATORY SUPPLIES MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Spain

7.4.5. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Thailand

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Th. Geyer GmbH & Co. KG.

9.2. Thermo Fisher Scientific

9.3. Spectrum Chemical Manufacturing Corp.

9.4. Ing. Petr Švec - PENTA s.r.o.

9.5. Becton, Dickinson and Company

9.6. Cardinal Health, Inc.

9.7. Illumina, Inc.

9.8. Bio-Rad Laboratories, Inc.

9.9. Waters Corporation

9.10. Cole-Parmer

Th. Geyer GmbH & Co. KG.

Thermo Fisher Scientific

Spectrum Chemical Manufacturing Corp.

Ing. Petr Švec - PENTA s.r.o.

Becton, Dickinson and Company

Cardinal Health, Inc.

Illumina, Inc.

Bio-Rad Laboratories, Inc.

Waters Corporation

Cole-Parmer