Global Laboratory Equipment Services Market Size study & Forecast, by Type (Repair & Maintenance, Calibration, Validation) and Contract (Standard, Custom) and Regional Forecasts 2025-2035

Description

The Global Laboratory Equipment Services Market, valued at approximately USD 17.7 billion in 2024, is poised to witness exponential growth at a CAGR of 13.40% between 2025 and 2035. In a research ecosystem increasingly dependent on precision, reproducibility, and regulatory compliance, laboratory equipment services have become the operational backbone of pharmaceutical manufacturing, biotechnology research, diagnostics, and academic institutions. These services-spanning repair & maintenance, calibration, and validation-are indispensable in ensuring that equipment operates at peak efficiency, adheres to global quality standards, and mitigates costly downtime. The surge in R&D activities, driven by accelerated drug discovery programs, the expansion of clinical trials, and the growing complexity of analytical instruments, has intensified the reliance on specialized service providers. Furthermore, regulatory bodies' stringent mandates on calibration and validation have compelled laboratories to adopt long-term service contracts, often favoring OEM providers with deep product expertise and global service networks.

An escalating focus on preventive maintenance strategies, designed to avert unplanned equipment failures, is reshaping procurement behavior across the pharmaceutical and life sciences sectors. The rise in laboratory automation and the proliferation of advanced analytical platforms-such as chromatography systems, spectrometers, and high-content imaging equipment-are creating parallel demand for specialized service offerings that can handle intricate calibration protocols and performance verification. Additionally, the COVID-19 pandemic's legacy has underscored the need for operational resilience, prompting laboratories to enter into multi-year service agreements to safeguard continuity. While the market trajectory is largely upward, challenges remain in the form of high service costs, competitive price pressures in emerging markets, and the shortage of highly trained field service engineers. Nevertheless, the integration of AI-driven predictive maintenance tools, IoT-enabled monitoring systems, and remote calibration capabilities offers lucrative growth opportunities for service providers in the decade ahead.

Regionally, North America currently commands the largest share of the market, fueled by a dense concentration of pharmaceutical giants, contract research organizations (CROs), and academic research centers, alongside well-established OEM service infrastructures. Europe follows closely, driven by strong regulatory enforcement, a flourishing biopharmaceutical sector, and the rising adoption of customized service contracts tailored to specific research needs. The Asia Pacific region, however, is projected to post the fastest growth rate through 2035, buoyed by massive investments in research facilities, rapid expansion of the pharmaceutical manufacturing base in countries like China and India, and government initiatives to strengthen domestic laboratory capabilities. Meanwhile, Latin America and the Middle East & Africa are witnessing steady expansion, aided by capacity-building programs, partnerships with global service providers, and the increasing localization of manufacturing and research operations.

Major market player included in this report are:

Thermo Fisher Scientific Inc.
Agilent Technologies, Inc.
Danaher Corporation
PerkinElmer Inc.
Shimadzu Corporation
Merck KGaA
Waters Corporation
Bruker Corporation
Eppendorf AG
Hitachi High-Tech Corporation
Sartorius AG
Bio-Rad Laboratories, Inc.
JEOL Ltd.
Mindray Medical International Limited
HORIBA, Ltd.

Global Laboratory Equipment Services Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Type:

Repair & Maintenance
Calibration
Validation

By Contract:

Standard
Custom

By Equipment:

Analytical Equipment
General Equipment
Support Equipment

By Service Provider:

By End User:

Pharmaceutical

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Laboratory Equipment Services Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study (Historical Data - 2023, 2024; Base Year for Estimation - 2024; Forecast period - 2025-2035)

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Laboratory Equipment Services Market Forces Analysis

3.1. Market Forces Shaping The Global Laboratory Equipment Services Market (2024-2035)
3.2. Drivers
- 3.2.1. Rise in R&D activities, clinical trials and pharmaceutical manufacturing expanding demand for services
- 3.2.2. Regulatory mandates and quality/compliance requirements driving calibration and validation services
3.3. Restraints
- 3.3.1. High service costs and recurring maintenance expenditures limiting adoption in cost-sensitive regions
- 3.3.2. Shortage of skilled field service engineers and technical personnel constraining service scale-up
3.4. Opportunities
- 3.4.1. AI-driven predictive maintenance, IoT-enabled remote monitoring and remote calibration capabilities
- 3.4.2. Expansion of service contracts (custom solutions) and growth in APAC pharmaceutical manufacturing hubs

Chapter 4. Global Laboratory Equipment Services Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Laboratory Equipment Services Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global Laboratory Equipment Services Market Performance - Potential Analysis (2025)
5.3. Repair & Maintenance
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Calibration
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Validation
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Laboratory Equipment Services Market Size & Forecasts by Contract 2025-2035

6.1. Market Overview
6.2. Global Laboratory Equipment Services Market Performance - Potential Analysis (2025)
6.3. Standard
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Custom
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Laboratory Equipment Services Market Size & Forecasts by Region 2025-2035

7.1. Global Laboratory Equipment Services Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Laboratory Equipment Services Market
- 7.3.1. U.S. Laboratory Equipment Services Market
  - 7.3.1.1. Type breakdown size & forecasts, 2025-2035
  - 7.3.1.2. Contract breakdown size & forecasts, 2025-2035
- 7.3.2. Canada Laboratory Equipment Services Market
  - 7.3.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.3.2.2. Contract breakdown size & forecasts, 2025-2035
7.4. Europe Laboratory Equipment Services Market
- 7.4.1. UK Laboratory Equipment Services Market
  - 7.4.1.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.1.2. Contract breakdown size & forecasts, 2025-2035
- 7.4.2. Germany Laboratory Equipment Services Market
  - 7.4.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.2.2. Contract breakdown size & forecasts, 2025-2035
- 7.4.3. France Laboratory Equipment Services Market
  - 7.4.3.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.3.2. Contract breakdown size & forecasts, 2025-2035
- 7.4.4. Spain Laboratory Equipment Services Market
  - 7.4.4.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.4.2. Contract breakdown size & forecasts, 2025-2035
- 7.4.5. Italy Laboratory Equipment Services Market
  - 7.4.5.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.5.2. Contract breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe Laboratory Equipment Services Market
  - 7.4.6.1. Type breakdown size & forecasts, 2025-2035
  - 7.4.6.2. Contract breakdown size & forecasts, 2025-2035
7.5. Asia Pacific Laboratory Equipment Services Market
- 7.5.1. China Laboratory Equipment Services Market
  - 7.5.1.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.1.2. Contract breakdown size & forecasts, 2025-2035
- 7.5.2. India Laboratory Equipment Services Market
  - 7.5.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.2.2. Contract breakdown size & forecasts, 2025-2035
- 7.5.3. Japan Laboratory Equipment Services Market
  - 7.5.3.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.3.2. Contract breakdown size & forecasts, 2025-2035
- 7.5.4. Australia Laboratory Equipment Services Market
  - 7.5.4.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.4.2. Contract breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea Laboratory Equipment Services Market
  - 7.5.5.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.5.2. Contract breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of APAC Laboratory Equipment Services Market
  - 7.5.6.1. Type breakdown size & forecasts, 2025-2035
  - 7.5.6.2. Contract breakdown size & forecasts, 2025-2035
7.6. Latin America Laboratory Equipment Services Market
- 7.6.1. Brazil Laboratory Equipment Services Market
  - 7.6.1.1. Type breakdown size & forecasts, 2025-2035
  - 7.6.1.2. Contract breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico Laboratory Equipment Services Market
  - 7.6.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.6.2.2. Contract breakdown size & forecasts, 2025-2035
7.7. Middle East and Africa Laboratory Equipment Services Market
- 7.7.1. UAE Laboratory Equipment Services Market
  - 7.7.1.1. Type breakdown size & forecasts, 2025-2035
  - 7.7.1.2. Contract breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia (KSA) Laboratory Equipment Services Market
  - 7.7.2.1. Type breakdown size & forecasts, 2025-2035
  - 7.7.2.2. Contract breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa Laboratory Equipment Services Market
  - 7.7.3.1. Type breakdown size & forecasts, 2025-2035
  - 7.7.3.2. Contract breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Thermo Fisher Scientific Inc.
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Agilent Technologies, Inc.
8.4. Danaher Corporation
8.5. PerkinElmer Inc.
8.6. Shimadzu Corporation
8.7. Merck KGaA
8.8. Waters Corporation
8.9. Bruker Corporation
8.10. Eppendorf AG
8.11. Hitachi High-Tech Corporation
8.12. Sartorius AG
8.13. Bio-Rad Laboratories, Inc.
8.14. JEOL Ltd.
8.15. Mindray Medical International Limited
8.16. HORIBA, Ltd.