The global lab supplies market size is estimated to be USD 10,517.2 million in 2021 and is expected to witness a CAGR of 13.81% during the forecast period. Rising R&D investment by biopharmaceutical and biotechnology companies for the quicker improved diagnostics is a key driver for the growth of the global lab supplies market. Additionally, cross-infection cases during the COVID-19 pandemic, the increase in prevalence of transmittable diseases, government support and awareness programs, and growing demand for biologics for the treatment of chronic diseases are some of the other drivers propelling the market growth. However, the increasing adoption of home-based/poc testing instead of lab based testing and expensive service contracts are expected to restrain the global market growth.
Global Lab Supplies Market Size (USD Billion), 2021-2029
Source: Erevna Healthcare
By Product
Based on product, the market is segmented into disposables and equipment. In 2021, the equipment segment accounted for the maximum revenue share. This is attributed to the expensiveness of equipment leading to one-time capital investment for long time span worldwide. This segment projected to grow at a profitable CAGR during the forecast period owing to benefits offered by equipment such as systematic testing, affordability of services, and easy upgradation and maintenance.
Regional Insights
In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the presence of large laboratory service providers, huge consumer base, advanced healthcare infrastructure, and high investments in R&D in this region. In U.S., increasing health awareness coupled with rise in medical reimbursements is fuelling the lab supplies market growth. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the strengthening economies, increasing medical expenditure, rising demand for advanced diagnosis and treatment, and growing focus of laboratories & biopharmaceutical companies in this region.
Competitor Insights
Some of the key players in the lab supplies market are Waters Corporation (U.S.); Thermo Fisher Scientific (U.S.); Shimadzu Corporation (Japan); Sartorius AG (Germany); PerkinElmer, Inc. (U.S.); Fujifilm Holdings Corporation (Japan); Danaher Corporation (U.S.); Bruker Corporation (U.S.); Bio-Rad Laboratories, Inc. (U.S.) and Agilent Technologies, Inc. (U.S.). The leading players operating in the lab supplies industry are adopting various strategies including R&D investments, adaption of advanced techniques, mergers & acquisitions, and regional expansions to capture a maximum revenue share.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The lab supplies market report is categorized into the following segments and subsegments:
Lab Supplies Market, By Product (Revenue, USD Million, 2021 – 2029)
- Disposables
- Tips
- Pipettes
- Tubes
- Dishes
- Cuvettes
- Gloves
- Cell imaging consumables
- Masks
- Cell culture consumables
- Equipment
- Incubators
- Micro manipulation systems
- Laminar flow hood
- Centrifuges
- Scopes
- Lab air filtration system
- Sonicators and Homogenizers
- Spectrophotometer and microarray equipment
- Autoclaves and sterilizers
- Others
Lab Supplies Market, By Region (Revenue, USD Million, 2021 – 2029)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Lab Supplies Market Report:
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Table of Contents: Lab Supplies Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Lab Supplies
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Lab Supplies Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Product
- Disposables
- Disposables Market Forecast, 2021-2029 (USD Million)
- Equipment
- Equipment Market Forecast, 2021-2029 (USD Million)
- Disposables
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Lab Supplies Market
- North America Lab Supplies Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- S. Lab Supplies Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Canada Lab Supplies Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Lab Supplies Market
- Europe Lab Supplies Market
- Europe Lab Supplies Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Germany Lab Supplies Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- UK Lab Supplies Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- France Lab Supplies Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Spain Lab Supplies Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Italy Lab Supplies Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of Europe Lab Supplies Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Lab Supplies Market
- Asia Pacific Lab Supplies Market
- Asia Pacific Lab Supplies Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Japan Lab Supplies Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- China Lab Supplies Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- India Lab Supplies Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- South Korea Lab Supplies Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Australia Lab Supplies Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Rest of Asia Pacific Lab Supplies Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Lab Supplies Market
- Latin America Lab Supplies Market
- Latin America Lab Supplies Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Brazil Lab Supplies Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Mexico Lab Supplies Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Argentina Lab Supplies Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of Latin America Lab Supplies Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Lab Supplies Market
- MEA Lab Supplies Market
- MEA Lab Supplies Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- GCC Lab Supplies Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- South Africa Lab Supplies Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of MEA Lab Supplies Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Product, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Lab Supplies Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- Waters Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Thermo Fisher Scientific (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Shimadzu Corporation (Japan)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Sartorius AG (Germany)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- PerkinElmer, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Fujifilm Holdings Corporation (Japan)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Danaher Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Bruker Corporation (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Bio-Rad Laboratories, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Agilent Technologies, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Product Benchmarking
- Recent Developments
- Others Prominent Players
- Waters Corporation (U.S.)
Conclusion & Recommendations