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Global Analytical Laboratory Instruments Market Opportunities And Strategies To 2030

Including: By Type: Elemental analysis; Separational analysis; Molecular analysis; Others

By End-User: Hospitals; Diagnostic laboratories; Pharmaceutical; Biotechnology; Others

Covering: Thermo Fisher Scientific Inc.; Danaher Corporation; Agilent Technologies, Inc.; Shimadzu Corporation; F. Hoffmann-La Roche AG

Analytical Laboratory Instruments Global Market Opportunities And Strategies To 2030 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global analytical laboratory instruments market.


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Description:

Where is the largest and fastest growing market for the analytical laboratory instruments market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global analytical laboratory instruments market opportunities and strategies to 2030 report from the Business Research Company answers all these questions and many more.

The report covers the following chapters

Executive Summary – The executive summary section of the report gives a brief overview and summary of the report

Report Structure – This section gives the structure of the report and the information covered in the various sections.

Introduction – The introduction section of the report gives brief introduction about segmentation by geography and segmentation by target antigen and by application.

Market Characteristics – The market characteristics section of the report defines and explains the analytical laboratory instruments market. This chapter also defines and describes products covered in the report.

Supply Chain – This chapter covers the various players involved in the production of analytical laboratory instruments.

Trends And Strategies – This chapter describes the major trends shaping the global analytical laboratory instruments market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.

COVID Impact Analysis – This section provides an insight on how the pandemic is impacting the analytical laboratory instruments market.

Global Market Size And Growth – This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.

Regional Analysis – This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.

Segmentation – This section contains the market values (2015-2030) and analysis for different segments. .

Regional Market Size and Growth – This section contains the region’s market size (2019), historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.

Competitive Landscape – This section covers details on the competitive landscape of the global analytical laboratory instruments market, estimated market shares and company profiles for the leading players.

Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.

Market Opportunities And Strategies– This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.

Conclusions And Recommendations – This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for analytical laboratory instruments in terms of services offerings, geographic expansion, marketing strategies and target groups.

Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

The global analytical laboratory instruments market is segmented into -

By Type: Elemental analysis; Separational analysis; Molecular analysis; Others

By End-User: Hospitals; Diagnostic laboratories; Pharmaceutical; Biotechnology; Others

Companies Mentioned: Thermo Fisher Scientific Inc.; Danaher Corporation; Agilent Technologies, Inc.; Shimadzu Corporation; F. Hoffmann-La Roche AG

Countries: China, Australia, India, Indonesia, Japan, South Korea, USA, Brazil, France, Germany, UK, Russia

Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

The analytical laboratory instruments market consists of sales of analytical laboratory instruments and related services. These instruments are used in laboratory analysis of the chemical or physical composition or concentration of solid, liquid, gaseous, or composite materials. Analytical instruments are a large class of instruments used in end-user industries such as life-sciences, chemical, pharmaceutical, food processing labs and oil refineries for testing the samples. The report covers 2015 to 2019, termed the historic period, and 2019 to 2023 termed the forecast period, along with further forecasts for the periods 2023-2025 and 2025-2030.

The global analytical laboratory instruments market reached a value of nearly $93.8 billion in 2019. The market is expected to grow from $93.8 billion in 2019 to $110.3 billion in 2023 at a CAGR (Compound Annual Growth Rate) of 4.1%. The growth is mainly due to an increased prevalence of chronic diseases and economic growth in developing countries. The market is expected to stabilize and reach $125.8 billion in 2025 and $170.7 billion in 2030.

Growth in the historic period resulted from increases in healthcare expenditure, economic growth in emerging markets, an aging population, and rising awareness about food testing and stringent regulations for safety. This growth was restricted by the high prices of the instruments.

Going forward, factors including technological advances, increase in healthcare access and rising prevalence of chronic diseases are expected to drive the market. Reduction in free trade, global recession, and supply chain disruption due to the impact of COVID-19 are major factors that could hinder the growth of the analytical laboratory instruments market in the future.

The analytical laboratory instruments market is segmented by type into elemental analysis, separational analysis, molecular analysis and others. The elemental analysis was the largest segment of the analytical laboratory instruments market by type, accounting for 59% of the total market in 2019. Going forward, the molecular analysis segment is expected to be the fastest growing segment in the analytical laboratory instrument market, at a CAGR of 5.6%.

The analytical laboratory instruments market is also segmented by end-user into hospitals, diagnostic laboratories, pharmaceutical, biotechnology and others. The hospital was the largest segment of the analytical laboratory instruments market by end-user, accounting for 66.3% of the total market in 2019. Going forward, the biotechnology segment is expected to be the fastest growing segment in the analytical laboratory instruments market, at a CAGR of 10.1%.

Asia Pacific was the largest region in the global analytical laboratory instruments market, accounting for 34.2% of the total in 2019. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the analytical laboratory instruments market will be Africa and Middle East, where growth will be at CAGRs of 7.8% and 7.4% respectively.

The analytical laboratory instruments market is particularly prone to disruption from the coronavirus outbreak, as due to worldwide lockdown, production is also being halted which is causing supply chain issues.

The analytical laboratory instruments market is fragmented, with a small number of large players in the market. Major players in the market includes Thermo Fisher, Danaher Corporation, Agilent Technologies, Inc. and Shimadzu Corporation.

The top opportunities in the analytical laboratory instruments market segmented by type will arise in the elemental analysis segment, which will gain $10,154.3 million of global annual sales by 2023. The top opportunities in the analytical laboratory instrument market segmented by end-users will arise in the hospital segment, which will gain $13,427.7 million of global annual sales by 2023. The analytical laboratory instruments market size will gain the most in China at $3,515.3 million.

Market-trend-based strategies for the analytical market includes investing in 3D printing technology, big data analytics, automation solutions, investing in the development of 3D microscopes, M&A growth strategies and adaptability to cloud technology for higher speed and efficiency. Player-adopted strategies in the analytical laboratory instrument market include expanding manufacturing operations, investing in new product launches and in acquisitions and mergers to strengthen their service offerings.

To take advantage of the opportunities, the business research company recommends the analytical laboratory instruments companies to focus on investing in 3D microscopes, adopting automation to achieve standardization, focus on mergers and acquisitions, offer skimmed pricing for innovative laboratory instruments, competitive pricing, expanding in emerging markets, and leveraging social media.

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