Life Science Instrumentation Market to Reach a New Threshold of Growth by 2025 – ZMR Research Study
Analytical chemistry has established itself constructive in analyzing the formation of materials and it is being used in innovative applications. Proper life science instrumentation is required in order to make this study. The global market for life science instrumentation is, therefore, looking at a potential future ahead. From validating how safe and sound a food sample is to analyze DNA for discovering new medicines for chronic syndromes, the uses of life science instrumentation are numerous.
Global Life Science Instrumentation Market: Growth Factors
The global life science instrumentation market is increasing owing to the technological developments, the rise in investment for life science research, and growing food safety and security concerns. Furthermore, the growing research and development activities in biotechnology and pharmaceuticals industries are supporting the expansion of the global life science instrumentation market. Among the different technologies, next-generation sequencing division would observe the fastest expansion in the future. Expansion of highly developed sequencing platforms, rising application areas of descendants sequencing would have a constructive impact on the development of the life science instrumentation market. The growing popularity of analytical instruments, research activities, increasing research proteomics, and high development in up-coming economies offer abundant opportunities in the global life science instrumentation market. Most important analytical instrument makers are focusing on the expansion of miniaturized instruments, which is the leading trend observed in the global market.
Global Life Science Instrumentation Market: Segmentation
The global life science instrumentation market is classified by application, end user, technology, and geography. On the basis of technology, the global life science instrumentation market is categorized into cell counting, centrifuges, chromatography, clinical chemistry analyzers, electrophoresis, flow cytometry, immunoassays, liquid handling, lyophilization equipment, microscopy, next-generation sequencing (NGS), PCR, spectroscopy, and other technologies. Based on the application, the market is segregated into research applications, clinical and diagnostic applications, and others. On the basis of the end user, the life science instrumentation market is classified into cell counting, centrifuges, chromatography, clinical chemistry analyzers, electrophoresis, flow cytometry, immunoassay, liquid handling, lyophilization, microscopy, and NGS.
Global Life Science Instrumentation Market: Regional Analysis
Regionally, the global life science instrumentation market is classified into North America, Europe, Asia Pacific, and the Middle East & Africa. At present, North America is expected to dominate the global life science instrumentation market followed by Europe. There is a huge opportunity for the market to develop in the Asia Pacific. The Asia Pacific is anticipated to represent high market growth owing to increase in outsourcing activities in life science division, thus leading to development for the global life science instrumentation market. The life science instrumentation market in Europe is expected to reach its saturation level but has growth prospective for lab automation sector.
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Global Life Science Instrumentation Market: Competitive Players
Some of the major market players in the global life science instrumentation market are Bio-Rad Laboratories, Agilent Technologies, Dickinson and Company, Becton, Siemens Healthcare Diagnostics, Abbott Laboratories, Thermo Fisher Scientific, Inc., Shimadzu Corporation, and Roche Diagnostics, Inc., among others.
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