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Scientific Instrument Market Report, Size, Forecast 2022-27

Alex James by Alex James
May 9, 2022
in Business
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Scientific Instrument Market

Scientific Instrument Market

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Scientific Instrument Market Overview 2022-2027:

As per the latest report by IMARC Group, titled “Scientific Instrument Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on scientific instrument market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global scientific instrument market reached a value of US$ 39.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 54.6 Billion by 2027, exhibiting at a CAGR of 5.5% during 2022-2027.

Scientific instruments refer to laboratory equipment utilized for measuring, analyzing, and verifying the properties of an element or material. They generally include ammeter, hydrometer, photometer, barometer, phonograph, chromometer and galvanometer that aid in examining the chemical and physical viabilities of materials which are further utilized for research purposes. These instruments widely used in a diverse range of industries, including life sciences, pharmaceuticals, biotechnology, and material sciences.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Scientific Instrument Market Trends:

One of the primary factors that are impelling the growth of the scientific instrument market is the increasing number of research and testing facilities, particularly in the pharmaceutical and biotechnology fields. This is further supported by investments in the healthcare sector by governments of numerous countries, owing to the aging population and the growing demand for generics and biosimilars. In line with this, pharmaceutical companies are striving to improve their drug development process as well as enhance the product quality, which is creating the need for high-quality scientific instruments.

Furthermore, an increase in stringent environment regulations across the globe has provided a boost to the sales of measurement equipment for emission level control and compliance, particularly in the industrial sector. Apart from this, the rapid advancement in new areas of research, such as applied microbiology and neuroscience, has resulted in the requirement of better analysis equipment, which in turn, is significantly strengthening the market growth. Moreover, the growing collaborations and partnerships among manufacturers and education and research institutions have spurred the market growth.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/scientific-instrument-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Agilent
  • Bruker
  • Danaher
  • Horiba
  • Thermo Fisher
  • Waters
  • Roche
  • Pelkin Elmer
  • Merck

Scientific Instrument Market Segmentation:

Our report has categorized the market based on region, end-use and type.

Market Breakup by Type:
  • Scientific clinical analyzers
  • Scientific analytical instruments
Market Breakup by End-use sectors:
  • Industrial
  • Government institutes
  • Academics
Breakup by Region:
  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Alex James

Alex James

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