Laboratory Equipment and Consumables Market Worth $139.90 Billion by 2028, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, & Forecast 2023-2028 – Arizton

Laboratory Equipment and Consumables Market Report by Arizton
Emerging Technologies Drive Robust Growth in the Global Laboratory Equipment and Consumables Market

According to Arizton’s latest research report, laboratory equipment and consumables market will grow at a CAGR of 5.80% during 2022-2028.  

To Know More, Download the Free Sample Report: 

Laboratory equipment services are the most integral and vital part of the laboratory industry. The growing number of laboratories and advanced products launched in the market drive the demand for lab equipment services. OEMs only deliver lab equipment services for a particular time after vendors launch the product due to the product being new in the market and developed by technologies. Multi-vendor lab equipment services are also known as LAM or single-source services. They are privately managed laboratory equipment maintenance services for multiple vendors from a single provider. Multi-vendor services are included but not limited to only one service. These services offer repair, inventory management, purchasing, installation, equipment logistics, calibration, and compliance. In contrast to contracting third parties for lab equipment services, this service model binds a group of laboratories to obtain many services. Lab networks help deliver services that are unavailable through multi-vendor service providers. This is a major benefit of multi-vendor lab equipment service providers. Some leading laboratory equipment manufacturing companies offer multi-vendor services. They are among the top lab equipment manufacturers and leading service providers in the global market. Vendors in the market experience competition from various service providers. Currently, two major lab equipment service providers are available in the market with 60% and 40% market penetration. The service providers are OEMs and third-party service providers. Almost all manufacturing companies offer lab equipment services for particular periods, such as bi-annual or annual services. Third-party service providers offer various services for multiple lab equipment brands with one point of contact. Both entities constantly try to hold major share and penetration. 

North America to Lead the Market Growth 

North America is the leading region in the global laboratory equipment services market, accounting for higher revenue generation and market share in 2022. It is expected to dominate the market during the forecast period. R&D activities across North America increase across every industry that require laboratories and associated tools. Increased R&D activities accelerate the demand for lab equipment services.  

The region’s rapidly growing healthcare and life sciences sector delivers lucrative market growth opportunities. In healthcare sectors, the significant patient population demand for clinical and diagnostics tests fuels the clinical lab testing volume and impacts lab equipment conditions, where lab repair, maintenance, calibration, and other services are in high demand. Furthermore, the rapid development in pharma, biotech, and medical devices companies accelerates the demand for advanced and automated lab equipment where the need for preventive and other lab services is significantly high. The region has many hospitals, clinics, and other health laboratories. Vendors in North America have opportunities to focus on the healthcare industry with the application of lab equipment in these settings to achieve significant revenue.  

Buy the Report Now: 


Post-Purchase Benefit                

1hr of free analyst discussion                 
10% of customization     



Key Company Profiles 

Agilent Technologies 
Bio-Rad Laboratories 

FUJIFILM Holding Corporation 
PerkinElmer Inc. 
Shimadzu Corporation 
Thermo Fisher Scientific 

Waters Corporation 

Other Prominent Vendors 

Agappe Diagnostics 
altona Diagnostics 

Analyticon Biotechnologies 
Balio Diagnostics 

Bioway Biological Technology 
Boule Diagnostics 

Convergent Technologies 

cpc Diagnostics 
Corning Incorporated 
CPM Scientifica 

DiaSorin S.p.A. 
EKF Diagnostics Holdings plc 

Flow Robotics 

Greiner Bio-One International 
HiTec Zang 
Hudson Robotics 
Hamilton Company 
HighRes Biosolutions 

Integra Biosciences 
Ingersoll Rand 
Orochem Technologies 

SPT Labtech 
Siemens Healthineers 
Wuhan Bonnin Technology 

Drucker Diagnostics 
Erba Diagnostics 
Genrui Biotech 

High Technology 
Luxlighting Technology 
ACMAS Technologies 
Labtop Instruments 

ALSIN Technology Services 


Market Segmentation 

Product: Consumables & Lab Apparatus, IVD Equipment, and Core & General Lab Equipment 

Laboratory Type: Clinical & Diagnostics Labs, Pharma, Biotech, & Medical Device Companies, Academic & Research Lab, and Other Labs 
Geography: North America, Europe, APAC, Latin America, and Middle East & Africa 


Key Questions Answered in the Report:   

How big is the laboratory equipment and consumables market? 
What is the projected growth rate of the global laboratory equipment and consumables market? 

Who are the key players in the global laboratory equipment and consumables market? 
What are the rising trends in the laboratory equipment and consumables market? 
Which region holds the most significant global laboratory equipment and consumables market share? 


Check Out TOC in Detail Now: 


About Us:     

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.         

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.      

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.      

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 302 469 0707
Country: United States

Daily Digest Signup

Daily business and market business news, business management tips, market research insights, and more.


Smart public opinion research for everyone.

%d bloggers like this: