Bharat Book

Global Markets Report on General Laboratory Equipment

Press Release   •   Dec 30, 2015 13:45 IST

30th Dec2015- Mumbai, India: Bharatbook.com announces a report on “Global Markets Report on General Laboratory Equipment” https://www.bharatbook.com/business-market-research-reports-400748/general-laboratory-global.html This report includes general laboratory equipment ranging from beakers to lab storage containers used in pharmaceutical and biotechnology, clinical and diagnostic, and forensic laboratories.

The global market for general lab ware was valued at nearly $4.9 billion in 2014. This market is expected to reach $5.4 billion in 2015 and $9.4 billion by 2020, with a compound annual growth rate (CAGR) of 11.7% from 2015 to 2020.

This report provides:

-An overview of the global market for general lab ware equipment, including coverage of sample preparation, lab automation, general laboratory equipment, controlled environment and personnel protection, cleaning and purification, and thermal conditioning.

-Analyses of global market trends, with data from 2014, estimates for 2015 and projections of CAGRs through 2020.

-Discussion of key market participants, extensive product segments, supporting technologies, trends and market dynamics, competitive intelligence, and geographic trends.

-An in-depth patent analysis that will focus on extensive technological trends across years and countries, such as the U.S., Europe, and Japan.

-Examination of regulations, government policies, environment clearances, and CE Mark/FDA approvals.

-Evaluation of the market by end users, including biotechnology/life sciences research, clinical laboratories, and forensics.

-Comprehensive company profiles of major players in the industry.

https://www.bharatbook.com/business-market-research-reports-400748/general-laboratory-global.html

INTRODUCTION

STUDY AND OBJECTIVE

The purpose of this study and its objectives are as follows:

-To define the global market for lab ware, to identify the market structure and discuss market trends.

-To measure and forecast the global lab ware market and its segments in regard to products, end users and materials.

-To identify opportunities and major factors driving or inhibiting growth of the global lab ware market and its sub segments.

-To identify the trends, gaps and opportunities in each of the micro markets.

-To analyzed trends and forecasts of the main market and its segments.

-To provide an in-depth study of market growth by geography analysing trends and opportunities in major regions:

North America.

Europe.

Asia.

Rest of the world (ROW).

-To identify major stakeholders, product portfolios and recent developments, from which to draw a competitive landscape for the market leaders.

-To track and analyzed recent developments, alliances, joint ventures, mergers and acquisitions, and patents of the market players in the industry.

STUDY BACKGROUND

The lab equipment market is extremely complex given the number and nature of market players involved in it. Market players in this segment range anywhere from electronic players to glassware players and huge multinationals to small regional players. This greatly fragments the market, leaving fertile ground for mergers and acquisitions. A recent example includes the Corning acquisition of the majority of BD’s (Becton Dickinson) Discovery Lab ware business (valued at $720 million) in Nov. 2012.

Amid intense competition, general lab ware market players are also facing significant challenges, as the scope of innovations in this segment is comparatively limited. However, the market is in great need of higher-quality equipment as well as timesaving and auto precision mechanisms. Miniaturization and automation have been successfully welcomed in the general lab ware market. The market is extremely sensitive to changes in end-user segments. For example, pharmaceuticals (which is the major revenue-contributing segment) is focusing on cutting costs and enhancing productivity. This is leading manufacturing to outsource to developing economies. China, to date the largest market in Asia for lab equipment, is one of the fastest-growing markets in the world (growing at nearly 20% per annum). A high level of dynamism, complex market characteristics and opportunities in new markets are all compelling market players to stay abreast with market information to enhance their

market presence.

Although the laboratory glassware and plastic ware market witnessed sluggish growth from 2008 through 2009, the growth in this market was retained in 2010. With this growth, the market is expected to reach approximately $6 billion by the end of 2017. Availability of cheaper plastic ware and its flexibility to mold to a desired shape is increasing the adoption levels of plastic ware in a lab setting in comparison to glass. The buyers in all segments of lab ware are in need of new designs to enhance convenience. This report details market trends, gap analysis and market intelligence with respect to product segment.

SCOPE OF THE REPORT

This research report presents an in-depth analysis of the lab ware market by products, materials and end users. This report includes general laboratory equipment ranging from beakers to lab storage containers used in pharmaceutical and biotechnology, clinical and diagnostic, and forensic laboratories. This report will discuss manufacturers and suppliers based on their product portfolios, recent developments and core strategies adopted to enhance their market segment in the general lab ware market. The in-depth patent analysis in this report will focus on providing extensive technological trends spanning years and geographies such as the U.S., Europe and

Japan.

The lab ware market addressed in this report has been analyzed for the four main global areas of North America, Europe, Asia and ROW.

This report excludes other laboratory equipment such as robotics, controlled environment and personnel

Protection, cleaning and purification (lab ware cleaning methods are included) and thermal conditioning. The application of general lab ware in other industrial segments such as food safety, manufacturing and process industries, safety and security, material sciences, etc. are excluded from the scope of the study.

INTENDED AUDIENCE

-Glass lab ware manufacturers and potential entrants.

-Plastic lab ware manufacturers and potential entrants.

-Glass and plastic manufacturers.

-Dealers, distributors and service providers of lab equipment and devices.

-Pharmaceutical and other life sciences companies.

-Research institutes, associations and academicians.

SOURCE OF INFORMATION AND METHODOLOGY

A top-down approach was used to estimate the market size of lab ware products and applications. The research methodology used to calculate market size also includes the following details.

Market revenues of the key players were determined through primary and secondary research, including a study of the annual reports of top market players and interviews with key opinion leaders such as CEOs (chief executive officers) and directors. Secondary research included general search by keywords through paid sources such as Factiva and One Source and other publicly available websites and company websites.

-The penetration of micro markets was established through primary and secondary sources and validated through primary sources.

-The forecast was based on analysis of market trends such as pricing and volume analysis.

-The geographic split was determined by using secondary sources verified through primary sources.

-The geographic split was based on various parameters such as the number of players in a particular region and the extent of research activity occurring in that geography as well as future potential (e.g., scope for increase in number of laboratories).

For more information kindly visit; https://www.bharatbook.com/business-market-research-reports-400748/general-laboratory-global.html

Related report: https://www.bharatbook.com/service-industry-market-research-report/business.html

About Bharat Book Bureau:

Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports, business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

OR

Contact us at

Bharat Book Bureau

Tel: +91 22 27810772 / 27810773

Email: info@bharatbook.com

Website: www.bharatbook.com

Follow us on Twitter: https://twitter.com/researchbook

Follow us on LinkedIn : http://www.linkedin.com/company/bharat-book-bureau

Our Blog : https://www.bharatbook.com/blog/ 

Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.