The analysts forecast global laboratory disposables market to grow at a CAGR of 7.14% during the period 2018-2022. One trend in the market is increasing adoption of laboratory automation systems.
The increase in laboratory costs and high laboratory failures are leading to an increase in the adoption of automation in laboratory devices.
The use of laboratory automation devices reduces the overall laboratory cost and sample wastage during experiments. The automation devices such as microplate readers, automated liquid handling systems, and synthetic biology workstations make use of disposables such as tips, microplate readers, and vials, which do not require human intervention and can be disposed of after use.
Major key players in the global laboratory disposables market: 3M, Eppendorf, Labcon, Medline Scientific, and Thermo Fisher Scientific.
According to the laboratory disposables market report, one driver in the market is increasing research studies. To meet the growing demand in the industries such as life sciences, chemicals, and food and beverages, the research studies and innovations are increasing at a high rate.
Research in these industries involves testing of new products at a lab-scale and then transferring to the manufacturing level. The research studies involve a laboratory set-up where laboratory consumables and equipment are used.
The investment in R&D of these industries is increasing owing to the increasing demand, and helping the competitors sustain in the market.
Further, the laboratory disposables market report states that one challenge in the market is lack of differentiation among vendors. The products under laboratory disposables are tips, tubes, bottles, needles, syringes, filters, sealing films, and personal protective equipment (PPE) such as gloves, masks, head caps, and shoe covers.
These products are used commonly across all laboratories and do not differ much in their properties. They are similar in their material composition and have standardized shape and size.
Laboratory disposables are products that do not have much differentiation in terms of innovativeness or product capabilities.
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Report at www.reportsnreports.com/.aspx?name=1299385.
Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Medical Disposables Market Segmentation
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition: Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Laboratory Disposables Market 2017-2022 ($ Billions)
Exhibit 9: Global Laboratory Disposables Market: Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition: Five Forces 2017
Exhibit 18: Market Condition: Five Forces 2022
Exhibit 19: Customer Landscape
Exhibit 20: Global Laboratory Disposables Market by End-Users 2017-2022 (%)