The future of the global analytical instrumentation market looks promising with opportunities in the life sciences R&D, clinical & diagnostic analysis, food & beverage analysis, forensic analysis, and environmental testing markets. The global analytical instrumentation market is expected to reach an estimated $72.9 billion by 2030 with a CAGR of 6% from 2024 to 2030. The major drivers for this market are growing demand for analytical instruments within the pharmaceutical and biotechnology sectors, emergence of stringent environmental regulations, and on-going advancements in technology like creation of portable and handheld instruments.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the analytical
instrumentation market by product (instruments, services, and software),
technology (polymerase chain reaction, spectroscopy, microscopy,
chromatography, flow cytometry, sequencing, microarray, and other
technologies), application (life sciences R&D, clinical & diagnostic
analysis, food & beverage analysis, forensic analysis, environmental
testing, and other applications), and region (North America, Europe, Asia
Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
instruments, services, and software are the major segments of analytical
instrumentation market by product. Lucintel forecasts that instruments will
remain the largest segment over the forecast period due to significant presence
of numerous companies providing wide range of analytical instruments, such as
mass spectrometers, chromatographs, sequencers, and microscopes, as well as,
key industry players expanding their instrument portfolios by introducing new
products.
Within this market, life
sciences research & development will remain the largest segment over the
forecast period due to increasing cases of chronic diseases that has stimulated
research and development efforts in various life sciences sectors to innovate
and produce new biologics, including spectroscopy and uv-vis spectroscopy which
are employed for antibody classification.
North America will
remain the largest region over the forecast period due to presence of robust
healthcare system and thriving pharmaceutical sectors, ongoing progress in
analytical instrumentation, coupled with the widespread affordability and
adoption of innovative and advanced instruments in the region.
Thermo Fisher
Scientific, Shimadzu, Danaher, Agilent Technologies, Bruker, Perkinelmer,
Mettler Toledo, Zeiss Group, Bio-Rad Laboratories, and Illumina are the major
suppliers in the analytical instrumentation market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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