Life Science Instrumentation and Research Tools Driving Transformational Growth through Automation-Global, 2023-2029

Description

A Steady Increase in Laboratory Budgets in Academia is Driving Innovation

This study analyzes the life science instrumentation and research tools industry, covering the chemicals, consumables, instruments, reagents, suppliers, and IT solutions used in research laboratories. The global market for life science instrumentation and research tools is projected to experience steady growth from 2023 to 2029, achieving significant revenue milestones, driven largely by laboratory automation and software solutions. As life science research becomes more expensive and budgets more constrained, traditional sales approaches to instruments and equipment are proving inefficient. There is an urgent need for new business models that can provide access to novel technologies without necessitating the purchase of all the equipment. There is also a greater demand for integrated instruments, software, and service solutions for workflow optimization, driven by the emergence of novel and advanced technologies like advanced microscopy, gene editing, and next-generation sequencing (NGS).

This study examines the factors driving and restraining the growth of the life science instrumentation and research tools industry. Application areas include academic institutes and governmental uses, clinical diagnostics, pharmaceuticals, and biotechnology. This research offers case studies from North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East, Africa, and South Asia (MEASA). It also identifies the core growth opportunities presented by the industry by evaluating industry segments, the regulatory environment, and emerging business models, as well as market revenue and forecasts.

Product Code: KA5D-55

Transformation in Life Science Instrumentation and Research Tools

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Life Science Instrumentation and Research Tools Industry

Ecosystem

Scope of Analysis
Segmentation
Definitions
Competitive Environment
Life Science Instrumentation and Research Tools Ecosystem
Key Competitors

Growth Generator

Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue Forecast
Revenue Forecast Analysis
Pricing Trends and Forecast Analysis
Revenue Forecast by Product
Percent Revenue Forecast by Product
Revenue Forecast Analysis by Product
Revenue Forecast by Technology
Percent Revenue Forecast by Technology
Revenue Forecast Analysis by Technology
Revenue Forecast by Industry
Percent Revenue Forecast by Industry
Revenue Forecast Analysis by Industry
Revenue Forecast by Region
Percent Revenue Forecast by Region
Revenue Forecast Analysis by Region
Revenue Share
Revenue Share Analysis

Growth Generator: NGS

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Generator: PCR

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Generator: Microarrays

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Generator: Flow Cytometry

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Generator: Mass Spectrometry

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Generator: Others-Analytical Chemicals, Lab Automation, LIMS, Informatics, Spectroscopy, Material Analysis, and Chromatography

Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
Key Companies to Watch

Growth Opportunity Universe

Growth Opportunity 1: Advanced Mass Spectrometry Tools for High-plex Proteomics
Growth Opportunity 2: Laboratory Automation Solutions for Clinical Diagnostics in APAC
Growth Opportunity 3: Growth Opportunity 3: eCommerce Business Model for Instruments and Equipment
Drivers for eCommerce Model Adoption

Best Practice Recognition

Best Practice Recognition

Frost Radar

Frost Radar

Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
Take the Next Step
List of Exhibits
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