Global Life Science Instruments & Reagents Market to Amount to USD 81.3 Bn, Expects IQ4I in Topical Report Published at MarketPublishers.com10 Mar 2017 • by Natalie Aster
LONDON – Due to an array of favourable factors such as technological innovations in analytical devices, rising expenditures into R&D and upturn in biotechnology and pharmaceutical sectors, surging demand for analytical instruments, enhancing activities in proteomics, emerging growth opportunities in developing markets and mushrooming demand from manifold end-use industries, the global life science instruments and reagents market is expected to follow an upward trajectory in the upcoming years. But, the market growth could be restrained by a shortage of highly qualified professionals and strict regulative norms. The value of this marketplace is set to reach about USD 81.3 billion by 2023, registering a single-digit CAGR.
Due to the rising awareness of technology, early adoption of modern treatments and proximity of companies, the North American life science instruments and reagents market holds the dominant position worldwide. Meanwhile, Europe and APAC rank the second and the third regional markets, respectively.
Agilent Technologies, Merck KGaA, Bio-Rad Laboratories, Perkinelemer, Shimadzu Corporation, Roche Holdings, Thermo Fisher Scientific, Illumina and Waters Corporation are amid the leading participants in the world’s market for life science instruments and reagents.
Topical IQ4I research publication “Life Science Instruments & Reagents Global Market - Forecast to 2023” provides a detailed and all-encompassing analysis of the marketplace, covering its segmentation and dynamics. It also highlights major factors influencing market growth, highlights key restraints and threats and identifies future growth opportunities. Additionally, a reader can find a Porter’s five force analysis, market supply chain analysis and have a look at regulatory norms. Moreover, the report delves deep into the market competitive landscape and profiles the most influential market players. A future outlook for the global life science instruments and reagents market up till 2023 is available in the study.
Many more research publications prepared by IQ4I can be found in its online catalogue at MarketPublishers.com.