With the arrival of the industrial revolution, life sciences industry embarks the new phase of transformation in technologies. Growing strategic alliances, advancements in technologies, and progress in the availability of useful tools have significantly impacted various sectors of life sciences such as pharmaceutical, biotech, and healthcare. As per the recent research by Meticulous Research, the Life Sciences and Laboratory Equipment Market will be worth $62.77 billion with a CAGR of 5.7%. This research report on life sciences and laboratory equipment market is done by considering the forecast period from year 2023 till 2030.
Life sciences technology has been emerging tremendously in the past few years in both the public and private sectors. The process of drug discovery, analysis, and modelling of the compounds has advanced technologically and garnered attention for the development and implementation of instruments, automation systems and documentation requirements for life sciences applications.
Top 10 companies operating in life sciences and laboratory equipment market
Agilent Technologies, Inc. (U.S.)
Founded in 1999 and headquartered at Santa Clara, California, U.S.; Agilent Technologies, Inc. is engaged in providing solutions and consumables in life sciences, diagnostics, and applied chemical markets for laboratory workflow. The company operates through three business segments namely Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab.
With its subsidiaries and a strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Becton, Dickinson and Company (U.S.)
Founded in 1897 and headquartered at New Jersey, U.S.; Becton, Dickinson and Company is engaged in medical technology for improving medical discovery, diagnostics, and delivery of care. The company operates in two business segments namely BD Medical and BD Life sciences.
With its subsidiaries and a strong network of distributors, the company has its presence in more than 50 countries across North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Bio-Rad Laboratories, Inc. (U.S.)
Founded in 1952 and headquartered at Hercules, California, U.S.; Bio-Rad Laboratories, Inc. is engaged in providing instruments, consumables, software, reagents, and content for the areas of protein quantitation, cell biology, food safety, protein purification, gene expression, drug discovery & manufacture, and science education.
The company operates through three business segments namely Life Science, Clinical Diagnostics, and other Operations. The company provides life sciences and laboratory equipment under Life Science Segment.
With its subsidiaries and a strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Danaher Corporation (U.S.)
Founded in 1969 and headquartered at Washington, U.S.; Danaher Corporation designs, manufactures, and markets professional, medical, industrial and commercial products and services. The company operates through four business segments namely Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The company provides life sciences and laboratory equipment under Life sciences business segment.
With its subsidiaries and strong distribution of network, the company has its presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Hoffmann-La Roche (Switzerland)
Founded in 1896 and headquartered at Basel, Switzerland; F. Hoffmann-La Roche operates through two operating divisions namely pharmaceuticals and diagnostics which focused on advancing science to improve people’s lives.
With its subsidiaries and strong network of distribution, the company has its presence in North America, Europe, Asia-Pacific, and Latin America & Middle East Africa.
A report into the projected growth of the current Life Sciences and Laboratory Equipment Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2023, it’s expected to have grown at a CAGR of 7.2%, reaching over $55 billion.
To get detailed industry insights and market size: Request sample report here
PerkinElmer, Inc. (U.S.)
Founded in 1947 and headquartered at Waltham, Massachusetts, U.S.; PerkinElmer, Inc. is providing products, services, and solutions for diagnostics, food, environment, industrial, life science research, and laboratory services market. The company provides life sciences and laboratory equipment in Discovery & Analytical Solutions business segment.
With its subsidiaries and the strong network of distributors, the company has its presence in more than 150 countries across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Thermo Fisher Scientific Inc. (U.S.)
Founded in 2006 and headquartered at Waltham, Massachusetts, U.S.; Thermo Fisher Scientific Inc. is engaged in providing analytical instruments, equipment, reagents & consumables, and software & services for research, manufacturing, analysis, discovery, and diagnostics under premier brands such as Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services.
The company provides life sciences and laboratory equipment under the Life Sciences Solution business segment. With its subsidiaries and the strong network of distribution, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Waters Corporation (U.S.)
Founded in 1958 and headquartered at Massachusetts, U.S.; Waters Corporation is an analytical instrument manufacturer that produces, sells, and services high-performance liquid chromatography, ultra-performance liquid chromatography, and mass spectrometry technology systems and supports products including chromatography columns, and other consumables.
With its subsidiaries and the strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Bruker Corporation (U.S.)
Founded in 1960 and headquartered at Massachusetts, U.S.; Bruker Corporation is developer, manufacturer, and distributor of scientific instruments and analytical & diagnostic solutions to explore science at microscopic, molecular, and cellular levels. The company provides life sciences and laboratory equipment under Bruker Scientific Instruments business segment.
With its subsidiaries and the strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Shimadzu Corporation (Japan)
Founded in 1875 and headquartered at Kyoto, Japan; Shimadzu Corporation is involved in manufacturing analytical and measuring instruments with industrial machinery for a broad range of applications.
The company provides life sciences and laboratory equipment in Analytical & measuring instruments business segment. With its subsidiaries and a strong network of distributors, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Authoritative Research Titled “Life Sciences and Laboratory Equipment Market By Technology (Spectroscopy, Chromatography, Lab Automation, Surface Science, DNA Amplification and Sequencing, Immunoassay Analyzer, Flow Cytometry, Microarray, Electrophoresis) and End User – Global Forecast to 2023”
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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