Analytical Laboratory Instruments Manufacturing: 2023-2028 Global Markets Report now out

Analytical laboratory instruments manufacturing global markets to grow by $25 billion over the next 5 years according to ResearchAndMarkets.com report.

ResearchAndMarkets.com has released it’s latest report into the analytical laboratory instruments manufacturing global markets from 2023 looking ahead to 2028. This newly released comprehensive analysis offers a clear view of the market’s trajectory from 2023 through 2028, with a focus on instruments used for elemental, separation, and molecular analysis.

In 2022, the market value stood at $57.4 billion and is forecasted to escalate to $82.5 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.3%. This remarkable growth is attributable to several factors, including increasing technological advancements and the rising demand in various end-user industries such as life science, chemical/petrochemical, oil & gas, and food testing.

The report is segmented by type, application, and region, providing a detailed analysis of each sector. The instruments covered in the report are crucial in various fields, including environmental testing, materials, and forensic science. The estimates and market size are carefully calculated, with 2022 as the base year, projecting forward to 2028.

A notable inclusion in the report is the emphasis on the sustainability perspective of the analytical laboratory instruments market. This section addresses the performance of companies in terms of ESG (Environment, Social, and Governance) parameters, highlighting the growing importance of sustainable practices in the industry.

Other key elements of the report include:

  • Detailed market analysis with data tables
  • An in-depth look at market trends, historical data, and future projections.
  • Evaluation of market size, revenue growth prospects, and market share analysis by type, application, and region.
  • Examination of government regulations, current technology, and economic factors influencing the market.
  • Insight into patents, product pipelines, ESG trends, and emerging technologies.
  • Profiles of leading market participants like Thermo Fisher Scientific, Agilent Technologies, and others.
  • The report also delves into the challenges and opportunities within the market. High costs and a lack of skilled professionals pose challenges, while opportunities lie in technological advancements, particularly in automation and robotics integrated with lab equipment.

For a thorough understanding of the market dynamics, trends, and future outlook, the “Analytical Laboratory Instruments Manufacturing: Global Markets 2023-2028 report is an indispensable resource for stakeholders, investors, and industry professionals.

Staff Writer

Our in-house science writing team has prepared this content specifically for Lab Horizons

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