PUBLISHER: The Business Research Company | PRODUCT CODE: 1760586
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760586
Laboratory balances and scales are precision devices used to determine the mass or weight of substances in scientific, research, or industrial environments. They play a critical role in laboratories by providing the accurate measurements needed for experiments, formulations, and quality control processes.
The primary types of laboratory balances and scales include micro balances, analytical balances, compact scales, precision balances, moisture balances, and other variants. Micro balances are highly sensitive instruments engineered to measure extremely small quantities, usually in micrograms, under controlled conditions to ensure precision. These devices operate using different technologies such as mechanical balances, electronic balances, and hybrid balances, and they are widely utilized by end users including pharmaceutical companies, cosmeceutical producers, biotechnology testing laboratories, chemical and material testing facilities, food and beverage testing laboratories, among others.
The laboratory balances and scales market research report is one of a series of new reports from The Business Research Company that provides laboratory balances and scales market statistics, including laboratory balances and scales industry global market size, regional shares, competitors with a laboratory balances and scales market share, laboratory balances and scales market segments, market trends, and opportunities, and any further data you may need to thrive in the laboratory balances and scales industry. This laboratory balances and scales market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laboratory balances and scales market size has grown strongly in recent years. It will grow from $1.84 billion in 2024 to $1.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth during the historic period can be attributed to the rise in research and development activities, government efforts to enhance laboratory infrastructure, increasing demand from the food and beverage sector, a growing number of research laboratories, and a heightened need for precise and dependable measurements.
The laboratory balances and scales market size is expected to see strong growth in the next few years. It will grow to $2.44 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be linked to the rising need for high-precision instruments, greater emphasis on safety standards, increased focus on quality assurance, expanding automation within laboratories, and the growing use of digital balances. Key trends anticipated during the forecast period include the miniaturization and enhanced portability of devices, rising automation in weighing operations, integration with laboratory information management systems (LIMS), emphasis on sustainable product design, and the incorporation of artificial intelligence (AI) and machine learning in laboratory balances.
The rising demand within the pharmaceutical and biotechnology sectors is anticipated to drive the growth of the laboratory balances and scales market. These sectors focus on developing, producing, and commercializing drugs and therapies-pharmaceuticals emphasize chemically derived medications, while biotechnology involves the use of biological processes and organisms to achieve medical and scientific progress. The increased demand stems largely from the growing incidence of chronic illnesses, which necessitate long-term treatments, advanced therapeutic solutions, and ongoing drug development to enhance patient care and manage healthcare costs. Laboratory balances and scales play a vital role in these industries by delivering precise compound measurements essential for accurate formulation, quality assurance, and adherence to regulatory requirements. For example, in January 2025, the BioIndustry Association (BIA), a UK-based trade group, reported that the UK biotech sector saw remarkable growth in 2024, securing £3.5 billion (around $4.4 billion) in investment-a 94% increase from the prior year. Additionally, in June 2023, the European Federation of Pharmaceutical Industries and Associations, based in Belgium, noted that North America made up 52.3% of global pharmaceutical sales in 2022, compared to Europe's 22.4%. As a result, the growing activity in these sectors is fueling the laboratory balances and scales market.
Leading companies in the laboratory balances and scales market are prioritizing the development of smart products with features such as advanced routine testing functions to improve accuracy, operational efficiency, and compliance with industry regulations. These advanced features allow balances to automatically conduct accuracy verification, internal calibration, and system diagnostics, reducing human error and supporting consistent, high-quality measurements. For instance, in February 2024, Mettler-Toledo LLC, a US-based manufacturer of analytical laboratory instruments, launched a new range of laboratory balances across its MX, MR, MA, and LA lines. These models offer readabilities from 1 g down to 0.01 mg and capacities between 220 g and 32 kg, including both compact and large-platform designs. Built for sustainability and user-friendliness, these balances include features such as Ergo Doors, Smart Pan, Status Light, Level Control, and intelligent testing capabilities, meeting diverse laboratory needs with precision and reliability.
In May 2024, Michelli Weighing & Measurement, a US-based provider of weighing and measurement solutions, acquired Pioneer Scale Company for an undisclosed amount. This acquisition aims to enhance Michelli's regional operations across Arkansas, Texas, and Colorado, strengthen its service capabilities, and expand its client reach by integrating Pioneer Scale Company's offerings. Pioneer Scale Co. Inc. is a US-based manufacturer specializing in laboratory balances and scales.
Major players in the laboratory balances and scales market are Sartorius AG, Mettler Toledo International Inc., Shimadzu Corporation, Bizerba SE & Co KG, Seca GmbH & Co KG, Radwag Balances and Scales, LABindia Instruments Pvt Ltd, Tanita Corporation, Bonso Electronics International Inc., A&D Holon Holdings Co Ltd, Citizen Scales Pvt Ltd, PCE Holding GmbH, Adam Equipment Co. Ltd., Gram Precision, Phoenix Instrument GmbH, Contech Instruments Ltd, Intelligent Weighing Technology Inc, CAS Corporation, Torbal Scales, and Tree Scales.
North America was the largest region in the laboratory balances and scales market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in laboratory balances and scales report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the laboratory balances and scales market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The laboratory balances and scales market consists of sales of moisture analyzers, portable balances, ultra-micro balances, platform scales, and counting scales. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Laboratory Balances And Scales Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on laboratory balances and scales market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for laboratory balances and scales ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laboratory balances and scales market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.