New Report on Scientific and Laboratory Equipment Market Analysis 2015-2020 and Forecast 2021-2028
Overview of Global Scientific and Laboratory Equipment Market:
The Global Scientific and Laboratory Equipment Market is accounted for USD 35,734.13 million in 2020 and is expected to reach USD 64,493.84 million by 2028 growing at a CAGR of 7.66% from 2021 to 2028.
According to the market report analysis, the Scientific and Laboratory Equipment are basically the devices used for used for various scientific purposes, including the study of both natural phenomena and theoretical research.
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Some of the most important key factors driving the growth of the Global Scientific and Laboratory Equipment Market are prevalence of chronic diseases, increasing demand for the scientific and laboratory equipment in applications such as genetic testing, endocrinology, haematology, microbiology, biochemistry, among others.
In terms of the geographic analysis, North America is projected to dominate the Scientific and Laboratory Equipment Market due to the advanced technology and healthcare infrastructure within the region. On the other hand, APAC is anticipated to have a fastest growth rate in the forecast period of 2021 to 2028 due to the increasing investments in pharmaceutical research and the prevalence of chronic diseases within this region.
Top Leading Key Manufacturers are: SP Bel-Art, Bellco Glass, GMB Cooperation, CitotestLabware Manufacturing Co., Ltd., TESCAN ORSAY HOLDING, rxchemicals, Kewaunee International Group, ITSI-Biosciences, LLC, Maalab Science, F. Hoffmann-La Roche Ltd, CHEMGLASS, Cole-Parmer Instrument Company, LLC, CoorsTek Inc., Corning Incorporated, DWK Life Sciences GmbH, CitotestLabware Manufacturing Co., Ltd, VITLAB GmbH, Heal Force, SRICO, JaincoLab, AESICOLABS, ACMAS Technologies (P) Ltd, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD, and Advance Scientific Equipment Pvt. Ltd., and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
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