Lab Accessories Market | Global Trends, Analysis and Opportunities 2022-2032

Posted by Ganesh Shinde on November 1st, 2022

According to a recent Future Market Insights report, the lab accessories market is expected to reach US$ 1.1 billion by 2032, up from US$ 585.0 million in 2022, at a CAGR of 6.8%. According to the study, the increased availability of research funding, rapid technological advancements, and large-scale disease outbreaks are all expected to contribute to the growth of the Lab Accessories Market over the forecast period.

Continuous laboratory product launches are expected to support the global laboratory accessories market growth over the forecast period, owing to rising demand for laboratory accessories. Due to increased competition in the pharmaceutical and diagnostic industries, the demand for laboratory accessories is constantly increasing (as lab accessories are basic requirements to run a laboratory).

To meet the ever-increasing demand for lab accessories, manufacturers must continue to introduce newer products with advanced technology to support lab automation. Microplates and modular lab tables, for example, are gaining popularity alongside traditional lab accessories.

Furthermore, as the prevalence of various infectious diseases increases, so does the demand for infectious disease diagnosis. In 2016, the World Health Organization (WHO) estimated that 36.7 million people were infected with HIV. There is also a significant increase in the number of funding agencies for research institutes compared to previous years, including Science and Technology Application for Rural Development (STARD) 2015 and Intensification of Research in Higher Priority Areas (IRHPA) 2016. As lab accessories are required to run the laboratories, this funding is expected to boost the global laboratory accessories market growth over the forecast period.

Leading Companies Profiled in Lab Accessories Market are

• Thermo Fisher Scientific Inc.
• Analytik Jena AG
• Biotix Inc.
• Vistalab Technologies Inc.
• Bio Rad Laboratories Inc.
• Brooks Automation Inc.
• BD
• Corning Incorporated
• Greiner Bio-One International GmbH
• Hamilton Company
• Parker Hannifin Corporation
• Heidolph Instruments GmbH & Co. KG
• Gilson Inc.
• HNP Mikrosyteme GmbH
• Verderflex

Competitive Landscape

• Partners, collaborations, and partnerships are some of the strategies used by players in the global Lab Accessories Market to expand their global reach. The players are also investing heavily in R&D to incorporate innovations into their products, which will help them strengthen their position in the global market. Among the key players, Becton, Dickinson and Company introduced the new BD FACSDiscoverTM S8 Cell Sorter in June 2022, featuring the breakthrough BD CellViewTM Image Technology. It is the first cell sorter to combine advanced spectral flow cytometry with sort-capable image analysis, which could allow researchers to generate more accurate data and sort cells that were previously unidentifiable.
• Bio-Rad Laboratories, Inc. announced the release of its PREvalenceTM ddPCR® SARS-CoV-2 Wastewater Quantification Kit in June 2021, a sensitive, accurate, and cost-effective tool for detecting SARS-CoV-2 in a community's wastewater. The Centers for Disease Control and Prevention (CDC) recommends ddPCR® technology for wastewater testing, and the Environmental Protection Agency (EPA) has published the technology as a reliable method to quantify viruses in wastewater.

Key Segments Covered in The Lab Accessories Market Study

Lab Accessories Market by Type:

• Lab Microplates
• Microplate Accessories
• Lab Label Printers
• Lab Pipettes
• Lab Pumps
• Lab Reagent Reservoirs
• Lab Valves
• Lab Tubings
• Lab Wash Stations

Lab Accessories Market by End User:

• Lab Accessories for OEMs
• Lab Accessories for Biotechnology and Pharmaceutical Companies
• Lab Accessories for Hospitals and Private Laboratories
• Lab Accessories for Academic Institutes
• Lab Accessories for Research Institutes

Lab Accessories Market by Region:

• North America Lab Accessories Market
• Latin America Lab Accessories Market
• Europe Lab Accessories Market
• Asia Pacific Lab Accessories Market
• Middle East and Africa Lab Accessories Market

Know More About What the Lab Accessories Market Report Covers

Future Market Insights offers an unbiased analysis of the global Lab Accessories Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Lab Accessories Market, the market is segmented on the basis of type, and end-user across five major regions.

Read More@ https://www.futuremarketinsights.com/reports/lab-accessories-market