Life Science Instrumentation Market Size, Share, Opportunities, And Trends By Technology (Spectroscopy, Chromatography, Flow Cytometry, Others), By Application (Analytical Chemistry, Clinical Analysis, Environmental Testing, Food & Beverage Analysis, Others), By End Users (Hospitals, Research Institutes, Diagnostic Laboratories, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061611899
- Pages : 145
The life science instrumentation market is projected to grow at a CAGR of 5.67% during the forecast period.
Instrumentation in life science holds a great advantage and opportunity for innovation and better quality treatment for patients. It can address different aspects that hold the key to cutting-edge research and innovative applications in the biotechnology and pharmaceutical industries among others. It is also used in the food and beverage industry and in the monitoring of the manufacturing process.
The demand for the life science instrumentation market is driven by the increasing investment by the pharmaceutical industry players for drug discovery and development, as it involves the use of the instruments. The demand is also driven by the rise in the increasing incidences of infectious diseases. The growing food and beverage industry attributes the growth of the demand in the market owing to the increasing consciousness among consumers about health. Moreover, the growing proteomics market and the increasing environmental concern have also supported the market. Furthermore, the increasing research and development by the key market players will lead to the life science instrumentation market size in the coming years.
Key Developments
Bruker Corporation launched the novel INVENIO X Fourier Transform Infrared system for research in molecular spectroscopy on 25 September 2019.
Bio-Rad Laboratories Inc. announced the innovative technology platform, BioPlex 2200Lyme Total Assay, to aid in the diagnosis of Lyme disease after receiving US FDA clearance.
The life science instrumentation market has been segmented based on technology, application, end-user, and geography. By technology, the market has been classified as spectroscopy, chromatography, flow cytometry, and others. By application, the market has been segmented as Analytical Chemistry, Clinical Analysis, Environmental Testing, Food & Beverage Analysis, and Others. By the end-user, the market has been segmented as Hospitals, Research Institutes, Diagnostic Laboratories, and Others.
Segmentation:
- By Technology
- Spectroscopy
- Chromatography
- Flow Cytometry
- Others
- By Application
- Analytical Chemistry
- Clinical Analysis
- Environmental Testing
- Food and Beverage Analysis
- Others
- By End-User
- Hospitals
- Research Institutes
- Diagnostic Laboratories
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Others
- Middle East and Africa
- Israel
- South Africa
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
- North America
Frequently Asked Questions (FAQs)
The life science Instrumentation market is projected to reach US$63.982 billion by 2024.
Life Science Instrumentation Market was valued at US$44.073 billion in 2018.
The life science Instrumentation market is projected to grow at a CAGR of 6.41% during the forecast period.
The demand for the life science instrumentation market is driven by the increasing investment by the pharmaceutical industry players for drug discovery and development, as it involves the use of the instruments.
The life science instrumentation market has been segmented based on technology, application, end-user, and geography.
Shimadzu Corporation
Bio-Rad Laboratories, Inc.
Becton, Dickinson and Company
PerkinElmer, Inc.
Danaher Corporation
Hitachi High-Technologies Corporation
Thermo Fisher Scientific Inc.
Bruker Corporation
General Electric Company
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