Laboratory Accessories Market

Laboratory Accessories Market - Size, Share,Outlook, and
Opportunity Analysis, 2018 – 2026
Laboratory (lab) accessories refer to the tools used for conducting scientific research or
experiments, and may also be used for teaching practical science. Lab accessories play a very
crucial role in laboratories to provide reliable, accurate, and expeditious outcomes. Lab
accessories are portable and are used in hospitals, clinics, diagnostic centers, and pathological
centers among others. Laboratory accessories include laboratory instruments, glassware,
consumables, and other accessories.
In 2014, National Science Foundation’s (NSF) annual Business Research and Development and
Innovation Survey (BRDIS) data tracked the research activities of 46,000 companies. According
to their survey, the drug companies have increased their investment on research & development
from US$ 3 billion in 2008 to US$ 8.1 billion in 2014. NSF also stated that there is slow,
however, steady rise in spending of basic research by universities and private foundations.
These factors are expected to boost the global laboratory accessories market growth over the
forecast period.
Global Laboratory Accessories Market Drivers:Continuous laboratory product launches due to increasing demand for laboratory accessories is
expected to support the global laboratory accessories market growth over the forecast period.
There is a constant increase in demand for laboratory accessories, due to growing competition
in pharmaceutical and diagnostic industries (as lab accessories are basic requirements to run a
laboratory). In order to meet the ever growing demand for lab accessories, manufacturers have
to keep on introducing newer products with advanced technology to support the lab
automation.
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For instance, along with conventional lab accessories, products such as microplates and modular
lab tables are also gaining popularity. Technological advancement aimed at improving utility
and ease of handling is expected to support growth of global laboratory accessories market over
the forecast period. Products offered by manufacturers such as Thermo Fisher Scientific include
Dimension 4 Modular Lab Tables, Microplate Carousel, Plate Feeder Carousel, and Microplate
Delidders. Dimension 4 Modular Lab Tables provide a highly scalable, flexible, and a stable
platform for lab systems and work stations. Micro Plate Carousel provides access to 104 deep
well microplates and 200 microplates. Microplate Delidders automates the storage, replacement
of lids and storage of microplates.
These products provide flexible, reliable, and accurate automation solutions for all kinds of
applications such as automated storage of stacked microplates, quick filling of the microplates,
and others. These also provide efficiency, saves time which in turn helps in maintaining the
quality of products, increasing the production and reducing the operating costs. According to
National Science Foundation (NSF), the expenditure on laboratory automation is expected to
double between 2010 and 2017 that will eventually boost growth of global laboratory
accessories market over the forecast period.
Global Laboratory Accessories Market Regional Insights:North America laboratory accessories market is expected to witness significant growth over the
forecast period. Presence of leading manufacturers, robust research and development activities,
and continuous demand for lab accessories is expected to support global laboratory accessories
market growth over the forecast period. For instance, manufacturers such as Thermo Fisher
Scientific have high presence in North America, which provides innovative lab accessory
solutions in the regional market.
Europe laboratory accessories market is also expected to witness significant growth over the
forecast period due to rising disease prevalence and increasing research and development of
drug therapies. According to World Health Organization (WHO), there is a considerable increase
in the number of patients suffering from measles during the year 2016-2017 in Europe, which
would in turn increase the number of disease diagnosis centers in the region. These factors are
expected to support the global laboratory accessories market growth in the respective regions.
Report includes chapters which deeply display the following deliverable about industry :
• Laboratory Accessories Market Research Objective and Assumption
• Laboratory Accessories Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Laboratory Accessories Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Laboratory Accessories Market, By Regions
• Laboratory Accessories Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Laboratory Accessories Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Laboratory Accessories Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Laboratory Accessories Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Key players of Global Laboratory Accessories Market:Key players operating in the global laboratory accessories market include Thermo Fisher
Scientific, Tecan group, Becton, Dickinson and Company, Corning Incorporated, Bio-Rad
Laboratories, Hamilton Company, Analytik Jena, Greiner Bi-one, and Brooks Automation.
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Global Laboratory Accessories Market Taxonomy:Global laboratory accessories market is segmented on the basis of product type, end users, and
region
By Product Type• Instruments
• Centrifuges
• Colorimeters
• Conductivity Instruments
• Balances & Scale
• Desiccators
• Flowmeters
• Autoclaves & Sterilization Products
• Homogenizers
• Incubators
• Others
• Glassware
• Lab Tables
• Consumables
• Others
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Laboratory (lab) accessories refer to the tools used for conducting scientific research or experiments, and may also be used for teaching practical science.