Analytical Instrumentation Market Report: Trends, Forecast and Competitive Analysis to 2030

Analytical Instrumentation Trends and Forecast

The future of the global analytical instrumentation market looks promising with opportunities in the life sciences R&D, clinical & diagnostic analysis, food & beverage analysis, forensic analysis, and environmental testing markets. The global analytical instrumentation market is expected to reach an estimated $72.9 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are growing demand for analytical instruments within the pharmaceutical and biotechnology sectors, emergence of stringent environmental regulations, and on-going advancements in technology like creation of portable and handheld instruments.

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Analytical Instrumentation by Segment

The study includes a forecast for the global analytical instrumentation by product, technology, application, and region.

Analytical Instrumentation Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Instruments
• Services
• Software

Analytical Instrumentation Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Polymerase Chain Reaction
• Spectroscopy
• Microscopy
• Chromatography
• Flow Cytometry
• Sequencing
• Microarray
• Other Technologies

Analytical Instrumentation Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Life Sciences R&D
• Clinical & Diagnostic Analysis
• Food & Beverage Analysis
• Forensic Analysis
• Environmental Testing
• Other Applications

Analytical Instrumentation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Analytical Instrumentation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies analytical instrumentation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the analytical instrumentation companies profiled in this report include-

• Thermo Fisher Scientific
• Shimadzu
• Danaher
• Agilent Technologies
• Bruker
• PerkinElmer
• Mettler Toledo
• Zeiss Group
• Bio-Rad Laboratories
• Illumina

Analytical Instrumentation Market Insights

Lucintel forecasts that instruments will remain the largest segment over the forecast period due to significant presence of numerous companies providing wide range of analytical instruments, such as mass spectrometers, chromatographs, sequencers, and microscopes, as well as, key industry players expanding their instrument portfolios by introducing new products.

Within this market, life sciences research & development will remain the largest segment over the forecast period due to increasing cases of chronic diseases that has stimulated research and development efforts in various life sciences sectors to innovate and produce new biologics, including spectroscopy and uv-vis spectroscopy which are employed for antibody classification.

North America will remain the largest region over the forecast period due to presence of robust healthcare system and thriving pharmaceutical sectors, ongoing progress in analytical instrumentation, coupled with the widespread affordability and adoption of innovative and advanced instruments in the region.

Features of the Global Analytical Instrumentation Market

Market Size Estimates: Analytical instrumentation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Analytical instrumentation market size by product, technology, application, and region in terms of value ($B).

Regional Analysis: Analytical instrumentation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, technologies, applications, and regions for the analytical instrumentation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the analytical instrumentation market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the analytical instrumentation market size?

Answer: The global analytical instrumentation market is expected to reach an estimated $72.9 billion by 2030.

Q.2 What is the growth forecast for analytical instrumentation market?

Answer: The global analytical instrumentation market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the analytical instrumentation market?

Answer: The major drivers for this market are growing demand for analytical instruments within the pharmaceutical and biotechnology sectors, emergence of stringent environmental regulations, and on-going advancements in technology like creation of portable and handheld instruments.

Q4. What are the major segments for analytical instrumentation market?

Answer: The future of the analytical instrumentation market looks promising with opportunities in the life sciences r&d, clinical & diagnostic analysis, food & beverage analysis, forensic analysis, and environmental testing markets.

Q5. Who are the key analytical instrumentation market companies?

Answer: Some of the key analytical instrumentation companies are as follows:

• Thermo Fisher Scientific
• Shimadzu
• Danaher
• Agilent Technologies
• Bruker
• PerkinElmer
• Mettler Toledo
• Zeiss Group
• Bio-Rad Laboratories
• Illumina

Q6. Which analytical instrumentation market segment will be the largest in future?

Answer: Lucintel forecasts that instruments will remain the largest segment over the forecast period due to significant presence of numerous companies providing wide range of analytical instruments, such as mass spectrometers, chromatographs, sequencers, and microscopes, as well as, key industry players expanding their instrument portfolios by introducing new products.

Q7. In analytical instrumentation market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to presence of robust healthcare system and thriving pharmaceutical sectors, ongoing progress in analytical instrumentation, coupled with the widespread affordability and adoption of innovative and advanced instruments in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the analytical instrumentation market by product (instruments, services, and software), technology (polymerase chain reaction, spectroscopy, microscopy, chromatography, flow cytometry, sequencing, microarray, and other technologies), application (life sciences R&D, clinical & diagnostic analysis, food & beverage analysis, forensic analysis, environmental testing, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?