Lab Consumables Global Market Report 2023: Emergence of PCR as a Preferred COVID-19 Detection Method Benefits Demand for Associated Lab Consumables
Wednesday, June 7, 2023
DUBLIN, May 30, 2023 /PRNewswire/ -- The "Lab Consumables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
Global Lab Consumables Market to Reach $17.2 Million by 2030
In the changed post COVID-19 business landscape, the global market for Lab Consumables estimated at US$12.1 Million in the year 2022, is projected to reach a revised size of US$17.2 Million by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Healthcare & Pharmaceuticals, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$9.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Research Organizations & Institutes segment is readjusted to a revised 4.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.3 Million, While China is Forecast to Grow at 7.6% CAGR
The Lab Consumables market in the U.S. is estimated at US$3.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.3 Million by the year 2030.
Select Competitors (Total 353 Featured)-
-- Bellco Glass Inc
-- BRAND Scientific Equipment Private Limited
-- Camlab Ltd
-- Citotest Labware Manufacturing Co., Ltd.
-- Crystalgen Inc
-- DWK Life Sciences GmbH
-- Edulab
-- Eppendorf SE
-- Pathtech
-- Reagecon Diagnostics Ltd
-- SKS Science Products
-- Spectrum Chemical Mfg. Corp.
-- Starlab Group
-- Thermo Fisher Scientific
-- VITLAB GmbH
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Lab Consumables: A Prelude
-- Impact of Covid-19 and a Looming Global Recession
-- Laboratory Equipment and Supplies industry Experience Mixed Impact
-- Supply Shortfalls Ripple across Laboratory Consumables Domain amid
Pandemic
-- Factors Causing Price Escalations
-- Labs Hustle to Make Changes to Maintain Supplies of Consumables
-- Global Economic Update
-- From Pandemic to War & Inflation: "Gloomy Outlook for 2023 Despite Signs
of Easing Inflationary Conditions"
-- Here's How Inflationary Pressures Affect the Economy
-- Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
-- Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should
Continue
-- Here's What's Causing Inflationary Pressures in the Global Market
-- War-Induced Commodity Price Increases & Broad Based Price Pressures Mark
the Return of Global Inflation to the Highest Level Seen Since 1996:
Global Inflation Rates (In %) for the Years 2019 Through 2024
-- Although Facing a Lower Recession Risk, Global Economic Growth in 2023
to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal
Easing of Inflation: World Economic Growth Projections (Real GDP, Annual
% Change) for the Years 2020 Through 2024
-- Lab Consumables - Global Key Competitors Percentage Market Share in 2023
(E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2023 (E)
-- Recent Market Activity
-- WORLD BRANDS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
-- Trends in Life Science Research Sector Support Demand
-- Growth in 3D Cell Culture Markets to Boost Demand
-- Global 3D Cell Culture Market in US$ Million: 2020 - 2026
-- Emergence of PCR as a Preferred COVID-19 Detection Method Benefits
Demand for Associated Lab Consumables
-- Digital PCR Takes Quantification of Nucleic Acids to the Next Level
-- Global qPCR and dPCR Market in US$ Million: 2020-2026
-- Growing Focus on Next Generation Sequencing to Accelerate Consumption
-- Rapid Growth in Biopharma Industry and Rising Investments in R&D to
Boost Market Prospects
-- Global BioPharmaceuticals Market in US$ Billion: 2020 and 2026
-- Increasing Application of Chromatography Spurs Demand for Chromatography
Consumables
-- Global Chromatography Market (2022): Percentage Share Breakdown of Value
Sales by Chromatography Techniques
-- Growing R&D Spending in Pharma Sector Presents Opportunities
-- Pharmaceutical R&D Spending Worldwide (USD Billion) for 2015-2025
-- Expanding Presence of Contact Research Organizations to Drive Demand for
Various Lab Consumables
-- Global Contract Research Outsourcing Market in US$ Billion: 2020-2026
-- Pharmaceutical & Biopharmaceutical Trends to Support CRO Penetration
-- Global Biopharma % R&D Outsourcing (2014-2022)
-- Lab Consumables Enjoy Demand amid Growing Investments in Biotechnology
R&D
-- Growing Importance of Sustainability in Lab Consumables
-- Tip Re-Use Gains Focus
-- Innovations in Pipette Tip Technology Supports Demand
-- Increase in Healthcare Spending to Propel Demand for Life Science Tools
-- Current & Required Healthcare Spending as % of GDP across Select
Countries
-- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023E
-- Lab 4.0 to Reduce Consumption of Lab Consumables
-- Custom Manufacturing Advantageous for Labs
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/1o7o8e
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Laura Wood | +353-1-481-1716 | press@researchandmarkets.net
Logo - https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/lab-consumables-global-market-report-2023-emergence-of-pcr-as-a-preferred-covid-19-detection-method-benefits-demand-for-associated-lab-consumables-301837814.html
SOURCE Research and Markets
|
|
|
|
|
 |
Weekly Recap: 11 Tech Press Releases You Need to See | Jan 22, 2026
|
|
Sup AI Sets New Benchmark Record with 52.15% on Humanity's Last Exam | Jan 22, 2026
|
|
DEADLINE ANNOUNCED FOR 2026 NEW TOP-LEVEL DOMAIN APPLICATIONS | Jan 22, 2026
|
|
Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution | Jan 22, 2026
|
|
Trigent Partners with WeWork India to Expand its GCC Footprint | Jan 22, 2026
|
|
Exia Labs Brings Keystone to the U.S. Navy via DIU's Blue Object Management Challenge | Jan 22, 2026
|
|
Altair HyperWorks 2026 Delivers Design and Simulation at Scale with AI | Jan 22, 2026
|
|
Glasswall Brings Defense-Level File Sanitization to Every Government Agency and Business Using Microsoft 365 | Jan 22, 2026
|
|
Genpact Named a Leader in ISG Provider Lens(TM) 2025 for Insurance GCCs and Agentic AI Services | Jan 22, 2026
|
|
The Roadmap to Securing Your Own Digital Domain is Now Available | Jan 22, 2026
|
|
|
