DUBLIN--(BUSINESS WIRE )--The "Laboratory Supplies Market Size, Share & Trends Analysis Report by Product (Equipment (Autoclaves & Sterilizers, Spectrophotometer & Microarray Equipment), Disposables (Tubes, Masks)), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global laboratory supplies market size is expected to reach USD 68.8 billion by 2030, expanding at a CAGR of 7.6% from 2022 to 2030, according to this report. Rise in investment for R&D activities by countries, the amalgamation of lab equipment with state-of-the-art technology, and increase in demand for plastics in the healthcare industry due to its advantages over metal and glass, which includes cost-effectiveness, lightweight, versatility, and biocompatibility, are factors driving the market.
Laboratories have developed as multipurpose research facilities in which numerous types of testing mechanisms, research comparisons, and different developments are carried out. This has also led to a rise in the laboratory supply market demand. Moreover, the trend of lab supplies research has been gaining a strong grip over the past decade. This has resulted in the expansion of new laboratories in academic institutions, thereby driving the market growth.
Furthermore, clinical laboratories are also going through major technological developments. With intense research and development going on in the field of personalized medicine and the pathogenesis of diseases, advanced diagnostics procedures and tests are being executed widely. The technological improvements in the laboratory continue to bring real benefits that increase from greater ease of use, speed of analysis, improved safety, higher precision, increased capacity, operational efficiencies, enhanced reliability, and numerous other intangibles.
Laboratory Supplies Market Report Highlights
Chapter 3. Laboratory Supplies Market Variables, Trends & Scope
Chapter 4. Laboratory Supplies Market: Segment Analysis, by Product, 2018 - 2030 (USD Million)
4.2. Product Market Share Analysis, 2021 & 2030
4.3. Laboratory Supplies Market, by Product, 2018 to 2030
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
Chapter 5. Laboratory Supplies Market: Regional Outlook, 2018 - 2030 (USD Million)
Chapter 6. Laboratory Supplies Market- Competitive Analysis
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900