What is Pharmaceutical Lab Equipment Market?
Pharmaceutical laboratory instruments include dissolution test apparatus, friability test apparatus, melting point apparatus, fluorometer, disintegration test apparatus. Pharmaceutical laboratory instruments are used in various laboratories and huge demand in the national and international markets. Increasing the Pharmaceutical industry is anticipating the growth of the pharmaceutical laboratory instruments market in the forecast period.
The market study is being classified by Type (General instrument, Analytical instrument, Specialty instrument and Others), by Application (Research Institutions, Academic laboratory, Pharmaceutical Factory and Others) and major geographies with country level break-up.
Thermo Fisher Scientific, Inc. (United States), Merck KGaA (Germany), Beckman Coulter, Inc. (United States), Danaher Corporation (United States), Shimadzu Corporation (Japan), PerkinElmer, Inc.(United States), Agilent Technologies (United States), Waters Corporation (United States), Bruker Corporation (United States) and Eppendorf (Germany) are some of the key players profiled in the study.
The Players having a strong hold in the market are Thermo Fisher Scientific, Inc., Merck KGaA, Beckman Coulter, Inc., and Danaher Corporation. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Pharmaceutical Lab Equipment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pharmaceutical Lab Equipment market by Type, Application and Region.
On the basis of geography, the market of Pharmaceutical Lab Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Chronic Diseases such as Chronic Respiratory Diseases, diabetes, and Cardiovascular Diseases
- Growing Incidence of Lifestyle Diseases such as Heart Disease, Atherosclerosis, and Obesity
Market Trend
- New technologies and Recent Advancements in Fluidic Components
Restraints
- High Cost Associated with Pharmaceutical Lab Equipment
Opportunities
- Rising Investment and taking Initiatives by the Government and Private Research in the Research and Development Activities
Key Target Audience
Pharmaceutical Lab Equipment Manufacturers, Pharmaceutical Industries, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other