The Business Research Company’s latest report Analytical Laboratory Instruments Global Market Report 2020 covers Analytical Laboratory Instruments market drivers, Analytical Laboratory Instruments market trends, Analytical Laboratory Instruments market segments, Analytical Laboratory Instruments market growth rate, Analytical Laboratory Instruments market major players, and Analytical Laboratory Instruments market size. The report provides in-depth analysis of the impact of COVID-19 on the Analytical Laboratory Instruments industry, along with revised market numbers due to the effects of the coronavirus.
Analytical Laboratory Instruments Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global analytical laboratory instruments market reached a value of nearly $93.8 billion in 2019. The market is expected to grow from $93.8 billion in 2019 to $110.3 billion in 2023 at a CAGR (Compound Annual Growth Rate) of 4.1%. The growth is mainly due to an increased prevalence of chronic diseases and economic growth in developing countries. The market is expected to stabilize and reach $125.8 billion in 2025 and $170.7 billion in 2030.
The report covers the analytical laboratory instruments market’s segments
1) By Type: Elemental Analysis, Separational Analysis, Molecular Analysis, Others
2) By End-User: Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology, Others
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