Life Science & Chemical Instrumentation Industry Analysed in New MarketsandMarkets Report Available at MarketPublishers.com27 Feb 2012 • by Natalie Aster
LONDON – Life science and chemical equipment market is growing at a rapid rate due to the continuous requirement of these instruments in pharmaceutical and biotechnology industries. Besides, the increase in number of biotechnology firms worldwide, advances in life science research and technology innovations with human genome mapping, and emergence of proteomics have enabled industry growth; as such high-end research projects require quality instruments with high throughput capacity.
The global life science and chemical instrumentation market was estimated to be $30.2 billion in the year 2011 and is expected to grow at a CAGR of 8.4% from 2011 to 2016 to reach $45.2 billion. Spectrometry segment has the largest share (33.8%) followed by chromatography (22%) in the year 2011. The spectrometry market is driven by the coupling of mass spectrometry with chromatography techniques.
New market research study "Life Science & Chemical Instrumentation Market (2011 - 2016) Global Trends, End User & Competitive Analysis" developed by MarketsandMarkets has been recently published by Market Publishers Ltd.
Life Science & Chemical Instrumentation Market (2011 - 2016) Global Trends, End User & Competitive Analysis
Published: February, 2012
Price: US$ 4.650,00
The report offers a complete and detailed study of the life science laboratory instrumentation market by technology and end-users. It examines the market from the perspective of geography; forecasting revenues, and trends in each of the submarkets.
More new market research reports by the publisher can be found at MarketsandMarkets page.