IQ4I Research published a new report on " Lifesicences Instruments and Reagents Global...

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IQ4I Research & Consultancy Pvt. Ltd. Page 1 Life Science Instruments & Reagents Global Market Forecast to 2023 Life Science instruments and reagents Global Market estimated to be worth $81.3 billion by 2023 IQ4I Research & Consultancy published a new report on “Life Science instruments and reagents Global Market Forecast To 2023This report analyzes and studies the overall market, major drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of the World IQ4I’s Report Contains 299 market data tables and 57 figures spread through 784 pages and an exhaustive TOC on “Life Science instruments and reagents Global Market [TECHNOLOGY (spectrometry, chromatography, microscopy, PCR, flow cytometry, laboratory centrifuges, electrophoresis, NGS, biochips, automated liquid handling and robotics, cell counters, laboratory freezers and others (Sterilization, Western blotting, Colorimeters, Incubator, Fume hoods, High content screening (HCS)), END USERS (academic and government institutions, biotechnology and pharmaceutical, hospitals and diagnostic centers and others (contract research organizations (CRO), commercial organizations and blood banks), REGION (North America, Europe, Asia-Pacific and Rest of the World)] Technological advancements in life science research across the globe has introduced variety of techniques which are used by researchers for various applications including drug discovery and development, manufacturing, clinical diagnostics, basic research in genomic, proteomics, transcriptomics, metabolomics to cater the ever-growing needs of biotechnology and pharmaceutical, scientific equipments, life science research and services and diagnostics. Life Science instruments and reagents market comprises of technologies including Spectrometry, Chromatography, Microscopy, PCR, Flow Cytometry, Laboratory centrifuges, Electrophoresis, NGS, Biochips, Automated liquid handling and robotics, Cell Counters, Laboratory freezer and Others. According to IQ4I analysis, the Life science instruments and reagents global market is expected to grow at high single digit to reach $81,325 million by 2023. The major factors driving the lifescience instruments and reagents market include increased focus on R&D expenditure and growth of biotechnology and pharmaceutical industries, technological advancements in analytical devices, growth in funding for research, rising demand of analytical instruments with growing research activities in proteomics, lucrative growth opportunities in emerging markets and increasing demand from various industries. Factors such as high cost of instruments, dearth of skilled professionals and stringent regulations are hampering the market growth.

Transcript of IQ4I Research published a new report on " Lifesicences Instruments and Reagents Global...

IQ4I Research & Consultancy Pvt. Ltd. Page 1

Life Science Instruments & Reagents Global Market

–Forecast to 2023

Life Science instruments and reagents Global Market estimated to be worth $81.3 billion by 2023 IQ4I Research & Consultancy published a new report on “Life Science instruments

and reagents Global Market – Forecast To 2023” This report analyzes and studies the

overall market, major drivers & Opportunities, Restraints & Threats in North America,

Europe, Asia-Pacific and Rest of the World

IQ4I’s Report Contains 299 market data tables and 57 figures spread through 784

pages and an exhaustive TOC on “Life Science instruments and reagents Global

Market [TECHNOLOGY (spectrometry, chromatography, microscopy, PCR, flow

cytometry, laboratory centrifuges, electrophoresis, NGS, biochips, automated liquid

handling and robotics, cell counters, laboratory freezers and others (Sterilization,

Western blotting, Colorimeters, Incubator, Fume hoods, High content screening

(HCS)), END USERS (academic and government institutions, biotechnology and

pharmaceutical, hospitals and diagnostic centers and others (contract research

organizations (CRO), commercial organizations and blood banks), REGION (North

America, Europe, Asia-Pacific and Rest of the World)]

Technological advancements in life science research across the globe has introduced

variety of techniques which are used by researchers for various applications including drug

discovery and development, manufacturing, clinical diagnostics, basic research in genomic,

proteomics, transcriptomics, metabolomics to cater the ever-growing needs of

biotechnology and pharmaceutical, scientific equipments, life science research and services

and diagnostics. Life Science instruments and reagents market comprises of technologies

including Spectrometry, Chromatography, Microscopy, PCR, Flow Cytometry, Laboratory

centrifuges, Electrophoresis, NGS, Biochips, Automated liquid handling and robotics, Cell

Counters, Laboratory freezer and Others.

According to IQ4I analysis, the Life science instruments and reagents global market is

expected to grow at high single digit to reach $81,325 million by 2023. The major factors

driving the lifescience instruments and reagents market include increased focus on R&D

expenditure and growth of biotechnology and pharmaceutical industries, technological

advancements in analytical devices, growth in funding for research, rising demand of

analytical instruments with growing research activities in proteomics, lucrative growth

opportunities in emerging markets and increasing demand from various industries. Factors

such as high cost of instruments, dearth of skilled professionals and stringent regulations are

hampering the market growth.

IQ4I Research & Consultancy Pvt. Ltd. Page 2

Life Science Instruments & Reagents Global Market

–Forecast to 2023

The report covers all life instruments and associated reagents used in pharmaceuticals,

biotechnology and diagnostics that help cutting edge research and innovative application.

These technologies include from basic to advanced technologies including spectrometry,

chromatography, microscopy, PCR, flow cytometry, laboratory centrifuges, electrophoresis,

NGS, biochips, automated liquid handling and robotics, cell counters, laboratory freezers

and others. Among the technologies, spectrometry held the highest share and expected to

grow at a mid single digit by 2023 due to their applications across all the disciplines of life

science industry. Among the technologies, NGS is the fastest growing segment with mid

double digit growth rate.

Life science instruments and reagents global market by end users, pharmaceutical and

biotechnology companies held the largest share and expected to grow at high single digit by

2023. Increasing demand for accurate and precise data for drug discovery and development

has increased demand for spectrometry, chromatography, microscopy, PCR, flow cytometry,

NGS and other life science instruments. Hospitals and diagnostic centers are fastest growing

segment among end users with mid double digit growth rate.

Some of the key players such as Agilent Technologies (U.S.), BD and Company (U.S.), Bio-

Rad Laboratories (U.S.) Bruker Corporation (U.S.), Danaher Corporation (U.S.), Illumina,

Inc. (U.S.), Merck KGaA (Germany), Perkinelemer, Inc. (U.S.), Roche Holdings

(Switzerland), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.) and

Waters Corporation (U.S.).

Some of the other players in the life science and instruments market include Qiagen N.V.

(Netherlands), Abbott (U.S.), GE Healthcare (U.K.), Olympus (Japan), Nikon (Japan) , Tecan

(Japan), Hitachi High-Tech (Japan), Biomeriex (France), Fluidigm (U.S.), Luminex (U.S.),

Hamilton (U.S.), Pacific Biosciences (U.S.)

Reasons for buying this report:

Analysis of the Life Science instruments and reagents global market by identifying

various segments by type, end-users and geography.

Revenue forecast of the Life Science instruments and reagents market and strategic

analysis of each submarket with respect to segmental growth trends.

Analysis of the major market trends and factors driving or inhibiting the growth of the

Life Science instruments and reagents global market.

IQ4I Research & Consultancy Pvt. Ltd. Page 3

Life Science Instruments & Reagents Global Market

–Forecast to 2023

Revenue forecast of the Life Science instruments and reagents market with respect

to North America, Europe, Asia-Pacific and the Rest of the World (RoW) regions.

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Market share analysis of key players in Life Science instruments and reagents,

details of their product offerings, revenues, business strategies and SWOTs

Established and Emerging players and their product offerings.

FIGURE 1

LIFE SCIENCE INSTRUMENTS AND REAGENTS GLOBAL MARKET:

TECHNOLOGY SEGMENTATION

Source: International Mass Spectrometry Foundation (IMSF), Chinese American Chromatography Association

(CACA), Association of Clinical Research Professionals (ACRP), Japan Analytical Instruments Manufacturer’s

Association (JAIMA), Microscopy Society of America (MSA), International Society for Advancement of Cytometry

(ISAC), British Society for Proteome Research (BSPR), WHO, JACRI, NRCGEB, Industrial Experts and IQ4I

Analysis

Others

Life science instruments &

reagents Global Market, by

technology

Chromatography

Flow cyto

metryCentrifuge

Electrophoresis

Micro scopy

BiochipsNGS

Freezer

PCRSpectrometry

Atomic

Mass

Molecular

LC

GC

SCF

TLC

Electron

Optical

Confocal

Scanning Probe

Standard

Real-time

RT PCR

Digital

Assembly

Other

Cell based

Bead based

Micro

High-speed

Ultra

Gel

Capillary

Reversible terminato

rrIon Semi conducto

Seq by ligation

SMRT

Other

Microarray

Lab on-a-chip

Automated

Cell Counters

Sterilization

Western blotting

Colorimeters

Incubator

Fume hoods

IQ4I Research & Consultancy Pvt. Ltd. Page 4

Life Science Instruments & Reagents Global Market

–Forecast to 2023

FIGURE 2

LIFE SCIENCE INSTRUMENTS AND REAGENTS GLOBAL MARKET:

APPLICATION SEGMENTATION

Source: International Mass Spectrometry Foundation (IMSF), Chinese American Chromatography Association

(CACA), Association of Clinical Research Professionals (ACRP), Japan Analytical Instruments Manufacturer’s

Association (JAIMA), Microscopy Society of America (MSA), International Society for Advancement of Cytometry

(ISAC), British Society for Proteome Research (BSPR), WHO, JACRI, NRCGEB, Industrial Experts and IQ4I

Analysis

Life science instruments &

reagents Global Market, by

application

Chromatography

Flow cytometry

Centrifuge

Electrophoresis

Micro scopy

BiochipsNGS

processPCR

Spectrometry

Biotechnology

Pharmaceuticals

Drug disc & deve

Manufacturing

Omics

Clinical diag

Cell Biology

Clinical/Pathology

Pharmatoxicolog

Biomed engin

Clinical diag

Industrial

Other

Research

Clinical diag

Research

Diagnostics

Manufacturing

Research

Diagnostics

Genomics

Epigenomics

Transcriptomics

Others

Diagnostics

Drug disc & deve

Pharma & biotech

Pharma & biotech

NGSfield

Diagnostics

Drug disc & deve

Biomarker discov

Research

AutoMated

Diagnostics

Research

Drug disc & deve