Global Portable Laboratory Equipment Market – Industry Trends and Forecast to 2028

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Global Portable Laboratory Equipment Market – Industry Trends and Forecast to 2028

  • Medical Devices
  • Upcoming Report
  • Aug 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Portable Laboratory Equipment Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2021 –2028
Diagram Market Size (Base Year)
USD 2,967.54 Million
Diagram Market Size (Forecast Year)
USD 3,587.54 Million
Diagram CAGR
%
Diagram Major Markets Players
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Global Portable Laboratory Equipment Market, By Type (Autoclaves, Incubators, Centrifuges, Spectrometers, Sonicators, Scopes, and Others), Product (Analytical Equipment, General Equipment, Support Equipment, Specialty Equipment), Applications (Genetic Testing, Endocrinology, Haematology, Microbiology, Biochemistry, and Others),End User (Pharmaceutical and Biotechnology Companies, Clinical and Diagnostic Laboratories, Academic Institutes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.

Portable Laboratory Equipment Market

Market Analysis and Insights of Global Portable Laboratory Equipment Market 

Global portable laboratory equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 2967.54 million in 2020 to USD 3587.54 million by 2028 growing at a CAGR of 2.40% in the above-mentioned forecast period.

The laboratory equipment is used in laboratory o function properly. The properties they exhibit such as sterilizability, adequate mechanical and physical properties, compatibility with the human tissue medical applications.

The increasing demand and usageof the portable laboratory equipment in various applications such as genetic testing, endocrinology, haematology, microbiology, biochemistry among others is significant factor in driving the overall growth of the market. Other impactful reasons for the growth of market are increase in private funding, health care expenditure and the prevalence of various chronic diseases which need proper medical attention. However, the high cost associated with equipment’s which create affordability issues is one of the major factors hampering the portable laboratory equipment marketwhichis expected to restraint growth of the market. The focus of market players on innovations and technological advancements and increasing government investments in research and development is projected to generate new lucrative growth opportunities within the forecast period for the market. The proper handling of fragile products is required and the lack of skilled professionals might prove as challenge for the market growth.

This portable laboratory equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions,technological innovations in the market. To gain more info on Data Bridge Market Research portable laboratory equipment market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.

Global Portable Laboratory Equipment Market Scope and Market Size

Portable laboratory equipment market is segmented on the basis of type, product, applications and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • Based on type, the portable laboratory equipment market is segmented into autoclaves, incubators, centrifuges, spectrometers, sonicators, scopes, and others.
  • On the basis of product, the portable laboratory equipment market is segmented into analytical equipment, general equipment, support equipment and specialty equipment.
  • On the basis of applications, the portable laboratory equipment market is bifurcated into genetic testing, endocrinology, haematology, microbiology, biochemistry, and others.
  • On the basis of end user, the portable laboratory equipment market is segmented into pharmaceutical and biotechnology companies, clinical and diagnostic laboratories and academic institutes.

Portable Laboratory Equipment Market Country Level Analysis

Portable laboratory equipment market is analysed and market size insights and trends are provided by type, product, applications and end useras referenced above.

The countries covered in the portable laboratory equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is projected to dominate the portable laboratory equipment market due to the region’s access to advanced technology and availability of big pharmaceutical and biopharmaceutical companies. On the other hand, Asia-Pacific is estimated to showaccelerated pace of growth for the market fastest growth rate in the forecast period of 2021 to 2028 due to the rapidly increasing prevalence of chronic diseases within this region which results in more demand for laboratory equipment.

The country section of the portable laboratory equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

Portable laboratory equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for portable laboratory equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the portable laboratory equipment market. The data is available for historic period 2010 to 2019.

Competitive Landscape and Global Portable Laboratory Equipment Market Share Analysis

Portable laboratory equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to portable laboratory equipment market.

The major players covered in the portable laboratory equipment market report are SP Bel-Art, Bellco Glass, , Elabscience Biotechnology Inc., Geno Technology Inc., Borosil Limited, BRAND GMBH + CO KG, Chemglass, CitotestLabware Manufacturing Co., Ltd., Cole-Parmer Instrument Company, LLC., CoorsTek Inc.,  TA Instruments, Analytik Jena GmbH,  Labtron Equipment Ltd, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD,  PCE Deutschland GmbH, Savillex, LLC.,  METTLER TOLEDO,  LabFriend Pty Ltd, VITLAB GmbH , Lab Equipment Co., and SP Industries,  among other domestic and global players. Market data is available for global, North America, South America, Europe, Asia-Pacific (APAC) and Middle East and Africa (MEA) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

ThePortable Laboratory Equipment Market Growth Rate will be 2.40% by 2028
The Portable Laboratory Equipment Market worth will be USD 3587.54 million by 2028
The major companies in the Portable Laboratory Equipment Market are SP Bel-Art, Bellco Glass, , Elabscience Biotechnology Inc., Geno Technology Inc., Borosil Limited, BRAND GMBH + CO KG, Chemglass, CitotestLabware Manufacturing Co., Ltd., Cole-Parmer Instrument Company, LLC., CoorsTek Inc., TA Instruments, Analytik Jena GmbH, Labtron Equipment Ltd, BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD, PCE Deutschland GmbH, Savillex, LLC., METTLER TOLEDO, LabFriend Pty Ltd, VITLAB GmbH , Lab Equipment Co., and SP Industries, etc.
The type, product, applications, and end user are the factors on which the Portable Laboratory Equipment Market Research is based.
Genetic Testing, Endocrinology, Haematology, Microbiology, Biochemistry, and Others are the market applications of the Portable Laboratory Equipment Market.