June 25, 2018
WELLESLEY, Mass., June 25, 2018 – The global market for analytical laboratory instruments manufacturing is expected to experience strong and steady progression through 2022, as a result of economic growth, technological advancements and increases in private investments, according to a new report from BCC Research.
The market for analytical laboratory instruments manufacturing was valued at nearly $83.1 billion in 2017. By 2022, the market worth is anticipated to reach $115.8 billion, denoting a compound annual growth rate (CAGR) of 6.8%, according to the recent report Analytical Laboratory Instruments Manufacturing: Global Markets to 2022.
A few key players dominate the market for analytical laboratory instruments manufacturing, including Agilent Technologies, BioMérieux S.A., Danaher Corporation, Thermo Fisher Scientific, and Waters Corporation, among others.
“The analytical laboratory instruments manufacturing market is expected to continue to register strong growth in the forecast period owing to increasing demand for elemental analysis and molecular analysis instruments from scientific and medical research organizations,” the report notes. “The demand for hematology and immunology instruments from diagnostic laboratories is also expected to contribute to the market growth.”
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Analytical Laboratory Instruments Manufacturing: Global Markets to 2022( IAS130A )
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