The overall laboratory equipment market includes 11 functionally different technologies. This market assessment includes the following market briefs:
- Lab Balances
- Water Purification
- Bioreactors & Fermenters
- Gas Generators
- Lab Incubators
- Biological Safety Cabinets
- Fume Hoods
- Dissolution Testing
- Lab Washers
This diverse set of technologies will experience growth rates up to 5%, but the average for the whole category is estimated at 2.4% for the next five years. Bioreactors & Fermentors will the fastest growing market. In recent years, there has been a rapid adoption of single-use/disposable systems that is expected to greatly increase over the forecast period. The advantages of single-use over conventional in terms of reduced contamination risk and faster turnaround between batches has propelled growth, particularly in the pharma/bio sector.
This section is directly extracted from the 2020 Global Assessment Report: The Analytical and Life Science Instrumentation Industry, published February 2020.
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Laboratory Equipment Product Category Coverage
|Laboratory Balances||Electrochemistry||Transfection||Water Purification||Bioreactors and Fermenters||Gas Generators||Laboratory Incubators||Biological Safety Cabinets||Fume Hoods||Dissolution Testing||Lab Washers|