Healthcare Publications Life Science & Analytical Instruments Market

Life science & analytical instruments are used for various applications like drug discoveries, diagnosis, and
research & testing. In addition to the healthcare sector, these instruments are used in several other
industries. Owing to the increasing clinical research and spending on instrumentation used for the various
research in chemistry the market for life science & analytical instruments is quadrupling. Moreover, the
rising number of research companies, increasing number of biotechnological, biomedical, and testing
laboratories are escalating the market on the global platform.
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Considering the colossal growth, the market perceives currently, Market Research Future (MRFR) in its
recently published study report asserts that the global life science & analytical instruments market is poised
to touch a valuation of approximately USD 56.7 BN at the end of the year 2023 registering around 6.5%
CAGR throughout the forecast period (2017 – 2023).
Life science and analytical instruments are also used in the identification of safety of food sample as well as
in the analysis of DNA for the discovery of new drugs. As a result, the burgeoning pharmaceutical industry
is fostering the growth of the market. Indeed, developments in the medical science and technology are the
main driving forces behind the prominence that life science & analytical instruments are garnering today.
Therefore, the partnership of life science & analytical instruments and technologies will continue to support
the market growth further.
The market witnesses the enormous demand from some of the burgeoning industries such as agriculture,
healthcare, food & beverages, and DNA sequencing which, in turn, drives the market growth. Moreover, the
growing number of research labs alongside the substantial investment from the public and private sector
are fostering the market growth to an extent.
Key Players:
Key players leading the global life science and analytical instrumentation market include Dickinson and
Company (U.S.), Becton, Thermo Fisher Scientific, Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland),
Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S), Bruker
Corporation (U.S.), PerkinElmer, Inc. (U.S.), Waters Corporation (U.S.), Shimadzu Corporation (Japan),
Charles River Laboratories International, Inc. (U.S.), Paragon Bioservices, Inc (US), Avance Biosciences
(US), Avista Pharma Solutions(US), Merck KGaA (Germany) and Dynalabs (US) among others.
Life Science & Analytical Instruments Market - Segments
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Type of Instruments: Centrifuges, Electrophoresis, Chromatography, Flow Cytometry, Cell Counting
instruments, Microscopy, PCR, Western Blotting, and Spectroscopy among others.
By End-user: Pharmaceutical & Biotechnology Companies, Agriculture & Food Industry, and Research &
Clinical Testing Laboratories among others.
By Application: Research Applications and Diagnostic Applications among other applications.