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Life Science and Chemical Instruments Market Value Share, Analysis and Segments 2015-2025

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Owing to technological advancements, the global life science and chemical instruments market is expected to witness a rapid growth, with an increase in outsourcing activities to Contract Research Organizations (CRO). Other factors contributing to th
Global Life Science
and Chemical
Instruments Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Report
Description
Report Description
Life science and chemical instruments have major applications in research and
development centers, educational institutes, and clinical laboratories. The life science
and chemical instruments market is dependent upon principal diagnosis technologies.
Life Science and Chemical Instruments Market: Segmentation
Owing to technological advancements, the global life science and chemical instruments
market is expected to witness a rapid growth, with an increase in outsourcing activities to
Contract Research Organizations (CRO). Other factors contributing to the growth of the
life science and chemical instruments market are growth in research and development in
the pharmaceutical companies in drug discovery and clinical diagnostics, available
funding from government and corporates for research studies, and continuous
technological innovation in the field of analytical instruments. Also, the emergence of
proteomics and innovations in human genome mapping have also increased the demand
for the instruments in research and development laboratories and academic institutions.
However, fierce competition among the vendors, lack of skilled professionals and high
cost of these advanced instruments are anticipated to act as challenges for the growth of
this market.
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Life Science and Chemical Instruments Market: Segmentation
Based on the technologies, the life science and chemical instruments market can be
Report
Description
Report Description
• Chromatography
• Electrophoresis
• DNA sequencers and amplifiers
• Laboratory automation
• Spectrometry
• Flow cytometry
• Microarrays
Chromatography is a method of separating inorganic and organic compounds so that they
can be analyzed and studied further. This technique has been widely accepted in various
industries such as biotechnology, chemical industry, pharmaceutical industry, food
industry, and clinical and forensic laboratories. The demand and further growth of
chromatographic application with drive the chromatographic instruments market during
the forecast period. There is a growing demand of Electrophoresis and DNA sequencers
and amplifiers in the biotechnology, pharmaceutical and healthcare industry.
Life Science and Chemical Instruments Market: Overview
The life science and chemical instruments market is expected to expand at a rate of 7%
during the forecast period (2015-2025). This market of life science and chemical
instruments will grow twofold by 2025.
Report
Description
Report Description
The spectrometry segment accounts for a significant share of 35%, followed by
chromatography segment.
The major end user of this market includes:
• Pharmaceutical and Biotechnology companies
• Clinical Research Organizations (CROs)
• Research and Academic Institutions
• Healthcare Facilities
• Forensic Science Laboratories
• Food and Agriculture Industry;
• Environmental Testing Industry
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Life Science and Chemical Instruments Market: Regional Outlook
Geographically, the global life science and chemical instruments market is segmented
into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ),
Japan and Middle East and African regions. At present, North America dominates the
global life science and chemical instruments market followed by Western Europe. There
is an immense opportunity for the market to grow in Asia Pacific, Japan and Latin
Report
Description
Report Description
Asia Pacific is demonstrating high market growth due to increasing outsourcing activities
in life science sector, thereby leading to growth in demand for life science and chemical
instruments. The market in Europe has reached saturation, but has growth potential for
lab automation segment. Singapore is generating large amount of revenue for this market
as many life science companies are establishing their business in Singapore due to tax
incentives provided by the domestic government.
Life Science and Chemical Instruments Market: Key Players
Some of the major players contributing to Life Science and Chemical Instruments market
are Agilent Technologies, Bio-Rad Laboratories, Becton, Dickinson and Company, Abbott
Laboratories, Siemens Healthcare Diagnostics, Shimadzu Corporation, Thermo Fisher
Scientific, Inc., and Roche Diagnostics, Inc.
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Ethansmith
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