Life Science Instrumentation Market - Forecasts from 2019 to 2024
The life science Instrumentation market is projected to grow at a CAGR of 6.41% to reach US$63.982 billion by 2024, from US$44.073 billion in 2018. Instrumentation in life science holds a great advantage and opportunity for innovation and better quality treatment for the patients. It can address different aspects that hold the key to cutting edge research and innovative applications in the biotechnology and pharmaceutical industry 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 the 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
Segmentation:
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 the 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.
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
- Spain
- Others
- Middle East and Africa
- Israel
- Saudi Arabia
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. LIFE SCIENCE INSTRUMENTATION MARKET BY TECHNOLOGY
5.1. Spectroscopy
5.2. Chromatography
5.3. Flow Cytometry
5.4. Others
6. LIFE SCIENCE INSTRUMENTATION MARKET BY APPLICATION
6.1. Analytical Chemistry
6.2. Clinical Analysis
6.3. Environmental Testing
6.4. Food and Beverage Analysis
6.5. Others
7. LIFE SCIENCE INSTRUMENTATION MARKET BY END-USER
7.1. Hospitals
7.2. Research Institutes
7.3. Diagnostic Laboratories
7.4. Others
8. LIFE SCIENCE INSTRUMENTATION MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Positioning Matrix and Ranking
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Shimadzu Corporation
10.2. Bio-Rad Laboratories, Inc.
10.3. Becton, Dickinson and Company
10.4. PerkinElmer, Inc.
10.5. Danaher Corporation
10.6. Hitachi High-Technologies Corporation
10.7. Thermo Fisher Scientific Inc.
10.8. Bruker Corporation
10.9. General Electric Company
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. LIFE SCIENCE INSTRUMENTATION MARKET BY TECHNOLOGY
5.1. Spectroscopy
5.2. Chromatography
5.3. Flow Cytometry
5.4. Others
6. LIFE SCIENCE INSTRUMENTATION MARKET BY APPLICATION
6.1. Analytical Chemistry
6.2. Clinical Analysis
6.3. Environmental Testing
6.4. Food and Beverage Analysis
6.5. Others
7. LIFE SCIENCE INSTRUMENTATION MARKET BY END-USER
7.1. Hospitals
7.2. Research Institutes
7.3. Diagnostic Laboratories
7.4. Others
8. LIFE SCIENCE INSTRUMENTATION MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Positioning Matrix and Ranking
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Shimadzu Corporation
10.2. Bio-Rad Laboratories, Inc.
10.3. Becton, Dickinson and Company
10.4. PerkinElmer, Inc.
10.5. Danaher Corporation
10.6. Hitachi High-Technologies Corporation
10.7. Thermo Fisher Scientific Inc.
10.8. Bruker Corporation
10.9. General Electric Company