Laboratory instrumentation and consumables are the backbone of successful research, specifically in the areas of life sciences, comprising pharmaceutical and biotechnology clusters; agriculture; food sciences; and environmental sciences. As life science instrumentation companies continue to innovate their product offerings it is imperative to identify and understand the understand the next generation revenue growth opportunities and maintain technological competence to ensure sustainable revenue growth.
As incorporation of robotics and automation technologies expands across lab operations, the vendors in this market are also focusing on high-throughput technologies to speed up the research by increasing productivity and reducing labor costs. Leveraging the large amount of data generated at labs through incorporation of AI and data analytics solutions to enhance research outcomes is also creating new revenue opportunities for technology providers.
Meticulous Research® has been at the forefront of identifying new technological and revenue opportunities for lab instrumentation solution providers and enabling clients to drive their innovation strategies for sustainable long term growth.
Rapid growth in the life-sciences industry
Growing investments in pharmaceutical R&D expenditure
Growing demand for biopharmaceuticals
Technological advancements through digital innovations
Rising focus on reducing ‘time to market’ in drug discovery by accelerating R&D productivity
The Liquid Handling Systems Market is projected to reach $6.99 billion by 2029, at a CAGR of 6.4% from 2022 to 2029. Liquid handling systems include a class of devices used in the various liquid handling tasks in laboratories. Liquid handling is the process of ...
The Molecular Diagnostics Market is projected to reach $25.59 billion by 2029, at a CAGR of 9.8% from 2022 to 2029. The molecular diagnostics market comprises advanced products and technologies used by medical professionals for patient management, from diagnosis ...
The Pharmacogenomics Market is projected to reach $13.16 billion by 2029, at a CAGR of 8.6% during the forecast period 2022–2029. The growth of this market is driven by growing therapeutic applications of pharmacogenomics biomarkers, increasing adoption of personalized ...
The HLA Typing Market is expected to grow at a CAGR of 5.6% from 2022 to 2029 to reach $1.9 billion by 2029. The increasing number of organ transplants, increasing prevalence of chronic and infectious diseases, and technological advancements in the molecular assays ...
The NGS Library Preparation Market is expected to reach $3.15 billion by 2029 at a CAGR of 14.8% from 2022 to 2029. The typical NGS workflow involves several steps, including sample pre-processing, library preparation, sequencing, and bioinformatics. Library preparation ...
The Cell Culture Reagents Market is expected to reach $11.04 billion by 2029, at a CAGR of 12.8% from 2022 to 2029. Different types of cell culture reagents support cell growth and the consistency of cell culture. Supplements provide additional nutrients to the ...
The Cell Culture Media Market is expected to reach $14.64 billion by 2029, at a CAGR of 13.2% from 2022 to 2029. Cell growth requires a complex mixture of nutrients. Cell culture media provide these essential nutrients for in vitro mammalian cell culture. Cell ...
The Cell Culture Market is expected to reach $48.63 billion by 2029, at a CAGR of 11.7% from 2022 to 2029. The cell culture market comprises various consumables and equipment required at different stages of the cell culture technique to understand the basic biology ...
The Veterinary Immunodiagnostics Market is expected to record a CAGR of 9.2% during the forecast period 2022–2029 to reach $2.25 billion by 2029. The growth of this market is driven by the increasing prevalence of diseases in animals, the presence of disease-specific ...
The X-ray Inspection Systems Market for Electronics & Semiconductors is expected to reach a value of $772.8 million by 2029, at a CAGR of 11% during the forecast period 2022–2029. Stringent government regulations for asset safety, increasing consumer awareness ...
The Electronic Lab Notebook Market is expected to grow at a CAGR of 7.1% to reach $787.7 million by 2029. An electronic lab notebook offers the consumer a way to store and process the data. It can enter protocols, observations, notes, and other data using computer ...
The Non-Destructive Testing (NDT) Market is expected to grow at a CAGR of 7.4% from 2021 to 2028 to reach $15.07 billion by 2028 from $9.16 billion in 2021. Non-destructive testing finds applications across multiple industry verticals, such as automotive & heavy ...
The Environmental Monitoring Market is expected to reach $25.95 billion by 2028, at a CAGR of 7% during the forecast period of 2021 to 2028. The increasing government funding towards environmental sustainability, development of policies and initiatives to reduce ...
The Chromatography Consumables Market is expected to grow at a CAGR of 6% from 2020 to 2027 to reach $3.64 billion by 2027. Chromatography is an analytical technique used in pharmaceutical, chemicals, food, and environmental testing laboratories to separate mixtures. ...
The analytical standards market is expected to grow at a CAGR of 6.8% from 2020 to 2027 to reach $2.66 billion by 2027. An analytical standard is a compound of known concentration and high purity, used as a calibration standard for a given assay. The growth in ...
The Food Safety Testing Market is expected to reach $29.6 billion by 2027, at a CAGR of 7.6% during the forecast period of 2020 to 2027. Rising incidences of food-borne illnesses, growing consumer awareness regarding the safety of food, implementation of stringent ...
The Flow Cytometry Market is expected to grow at a CAGR of 8.2% from 2019 to 2027 to reach at $6.36 billion by 2027. Flow cytometry is an analytical tool that is used in the measurement and analysis of several physical characteristics of cells or particles suspended ...
The Research Antibodies and Reagents Market is expected to grow at a CAGR of 5.6% from 2020 to 2027 to reach USD 6.32 billion by 2027. The main route of causing various chronic diseases is the presence of specific proteins, namely antigens, on the surface of pathogenic ...
The oligonucleotide synthesis market is expected to grow at a CAGR 10.4% from 2019 to 2025 to reach $3.9 billion by 2025. The oligonucleotide synthesis market is highly competitive and provides robust growth opportunities for biotechnology companies. The growth ...
The in-vitro toxicology testing market is expected to grow at a CAGR of 9% from 2019 to reach $14.4 billion by 2025. Factors such as ethical issues and pressure from animal activists’ groups concerning the use of animals for testing, ban on animal testing on ...
The African Forensic DNA Testing Market is expected to grow at a CAGR of 13.1% from 2019 to reach $136.3 million by 2025. It was found that forensic science, a discipline, had its own history, pioneers, inception problems, and historical achievements in various ...
The key factors driving the growth of this market are increasing government regulations related to environment protection, growing need of cost saving and time-effective customized testing services, active participation of government and regulatory bodies to monitor ...
Real Time PCR and digital PCR are used for specific detection and quantification of nucleic acids. The adoption of these techniques helps to measure minor variants within the genetic material. Though, real time PCR is well established technique, digital PCR delivers ...
Cell isolation or separation is a tool used to sort cells into specific population from heterogeneous group of cells without contamination. The isolation of cells depends on properties of cells such as surface charge and adhesion, cell size and density, surface ...
