Lab Accessories Market is expected to See Incredible Growth by 2032Posted by Ganesh Shinde on January 26th, 2023 ![]() According to a recent study published by Future Market Insights, the lab accessories market is expected to reach US$ 1.1 Billion by 2032, up from US$ 585.0 Million in 2022, expanding at a high 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 has also been a significant increase in the number of funding agencies for research institutes in recent years. Leading Companies Profiled in Lab Accessories Market are
Read More@ https://www.futuremarketinsights.com/reports/lab-accessories-market Key Segments Covered in The Lab Accessories Market Study Lab Accessories Market by Type:
Lab Accessories Market by End User:
Like it? Share it!More by this author |