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We have produced a new premium report Life Science Instrumentation Market. The report covers the analysis of global as well as regional markets of Life Science Instrumentation. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Life Science Instrumentation Market by technique (spectroscopy, chromatography, PCR, immunoassays, clinical chemistry analyzers, flow cytometry), end user (pharmaceutical, biotech companies, hospitals, diagnostic laboratories) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Life Science Instrumentation Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Life Science Instrumentation Market are Agilent Technologies Inc., Thermo Fisher Scientific Inc., Becton, Dickinson, and Company, Danaher Corporation, Bio-Rad Laboratories Inc., GE Healthcare, Perkinelmer Inc., Merck KGaA, Hitachi High-Technologies Corporation, and Others.
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Spectroscopy Dominated the Technology Used in Life Science Instruments
Spectrometry technology is used extensively in the testing device to ensure accurate, repeatable results – and these technologies depend on high quality affordable optical components. Thus the technology is widely used in the healthcare and life sciences sector. Spectroscopy is used for blood testing, which has increased demand in the healthcare sector in the coming years.
Next Generation Sequencing (NGS) has Revolutionized the Biological Sciences
Life science instrumentation is used in industrial laboratories, biotechnology industry, pharmaceutical industries, and academic institutes for research & development activities. The advancement in technology and reductions in sequencing cost with the help next-generation sequencing (NGS) is driving the growth of the market. The demand for single cell analysis is growing as it offers more details on genetic analysis, a factor that will drive demand for instruments such as NGS tools and flow cytometers. The spectroscopy, chromatography, PCR, immunoassays, clinical chemistry analyzers, flow cytometry are the technology used in life science instrumentation.
Advancement of Technology Worldwide Upsurge the Market Growth
North America is expected to be the largest market for life science technology owing to the increasing government support and investment for research in biotechnology. The presence of the leading companies in the life sciences is another factor that drives the growth in the North America region. The presence of the medical devices industry and the growing acceptance of innovations in the manufacturing sector in Europe will drive the demand for the life sciences instrumentation market in the region. The growth in Asia-Pacific is mainly driven by the presence of pharmaceutical and biotech companies in emerging countries such as China and India. For instance, BD Biosciences have invested in localized R&D facilities in China.
Major Key Players mentioned in this Premium Report
The report provides profiles of the companies in the global life science instrumentation market such as Agilent Technologies Inc., Thermo Fisher Scientific Inc., Becton, Dickinson, and Company, Danaher Corporation, Bio-Rad Laboratories Inc., GE Healthcare, Perkinelmer Inc., Merck KGaA, Hitachi High-Technologies Corporation, and Others.
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The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global life science instrumentation market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of life science instrumentation market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the life science instrumentation market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers and distributors of the life science instrumentation market to understand the present and future trends in this market and formulate their strategies accordingly.