PUBLISHER: The Business Research Company | PRODUCT CODE: 1829727
PUBLISHER: The Business Research Company | PRODUCT CODE: 1829727
Laboratory accessories encompass a range of tools and equipment designed to support and enhance laboratory operations. These accessories play a crucial role in ensuring accuracy, efficiency, and safety across various scientific, medical, and research settings. They are essential for the effective functioning of any laboratory, complementing primary equipment and enabling researchers to perform experiments and analyses more effectively and safely.
The main types of laboratory accessories include instruments, glassware, lab tables, consumables, and other items. Laboratory instruments, such as microscopes, spectrophotometers, centrifuges, and pipettes, are vital for conducting precise scientific experiments and analyses. Laboratory types include clinical and diagnostic labs, pharmaceutical and biotech companies, medical device companies, academic and research labs, and others. These accessories are used in various applications, including academics, hospitals, private laboratories, biotechnology, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.
The laboratory accessories market research report is one of a series of new reports from The Business Research Company that provides laboratory accessories market statistics, including laboratory accessories industry global market size, regional shares, competitors with a laboratory accessories market share, detailed laboratory accessories market segments, market trends, and opportunities, and any further data you may need to thrive in the laboratory accessories industry. This laboratory accessories 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 accessories market size has grown strongly in recent years. It will grow from $613.47 billion in 2024 to $660.04 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to growth in life sciences research and clinical laboratory testing, increasing the prevalence of various infectious diseases, increasing the demand for laboratory testing, increasing focus on global health issues, and increasing the number of hospitals.
The laboratory accessories market size is expected to see strong growth in the next few years. It will grow to $899.6 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to the growth of laboratory infrastructure in emerging economies, increasing emphasis on eco-friendly and sustainable laboratory practices, increasing demand for compatible accessories, increasing research and development of drug therapies, and rise in the number of diagnostic tests. Major trends in the forecast period include advancements in laboratory technology, automation and digital solutions, technological advancements, smart lab technologies, and integration of artificial intelligence (AI) and machine learning (ML) into laboratory processes.
The forecast of 8.0% growth over the next five years reflects a modest reduction of 0.2% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on magnetic stir bars and temperature-controlled storage racks, sourced from key regions such as Taiwan and India, which could lead to workflow inefficiencies and higher expenses for laboratory support equipment.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The growth in diagnostic tests is anticipated to drive the expansion of the laboratory accessories market. Diagnostic tests are medical procedures designed to detect, characterize, or determine the cause of diseases or conditions in patients. The increasing demand for diagnostic tests is driven by greater access to healthcare, the need for chronic disease management, rising patient expectations, and advances in genetic testing. Laboratory accessories play a crucial role throughout the diagnostic testing process, from sample collection and preparation to analysis and documentation. These accessories ensure the precision, efficiency, and safety of diagnostic tests, ultimately providing reliable and actionable results for patient care. For example, in March 2023, England reported 45.0 million imaging tests, an increase from 44.0 million in the previous year, representing a growth of 2.2%, according to the Diagnostic Imaging Dataset Annual Statistical published by a UK-based government organization. This trend underscores the impact of rising diagnostic tests on the laboratory accessories market.
Leading companies in the laboratory accessories market are concentrating on developing innovative products, such as the automated plasmid purification system, to deliver high-throughput solutions, enhance reproducibility, and support advanced applications in molecular biology, clinical diagnostics, and pharmaceutical development. An automated plasmid purification system is a sophisticated laboratory instrument designed to automate the isolation of plasmid DNA (pDNA) from bacterial cultures, minimizing manual intervention. For instance, in June 2024, Thermo Fisher Scientific, a US-based life sciences and clinical research firm, introduced the Thermo Scientific KingFisher PlasmidPro Maxi Processor. This fully automated maxi-scale plasmid DNA (pDNA) purification system is intended to streamline the purification process, improving the efficiency of laboratory workflows in therapy discovery and development. This innovation aims to reduce manual errors and boost throughput, with a focus on molecular biology and genetic research.
In May 2024, Merck KGaA, a Germany-based healthcare and life sciences company, completed the acquisition of Mirus Bio for $600 million. This strategic acquisition is designed to enhance Merck KGaA's capabilities in viral vector manufacturing, which is essential for the development of cell and gene therapies. Mirus Bio, a US-based manufacturer of laboratory accessories, will bolster Merck KGaA's offerings in this critical area.
Major companies operating in the laboratory accessories market are Thermo Fisher Scientific Inc., The Merck Group, Agilent Technologies Inc., Sartorius AG, PerkinElmer Inc., Mettler-Toledo International Inc., Endress+Hauser Group Services AG, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Horiba Ltd., Eppendorf AG, Metrohm AG, Hamilton Company, Analytik Jena AG, Labconco Corporation, Rigaku Corporation, Biotix Inc., SP Industries Inc, Corning Incorporated, Tecan Group Ltd.
North America was the largest region in the laboratory accessories market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the laboratory accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The laboratory accessories market consists of the sale of test tubes, pipettes, and burettes. 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 that 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 Accessories 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 accessories 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 accessories ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The laboratory accessories 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 technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.