The analysts forecast global scientific instrument market to grow at a CAGR of 6.46% during the period 2018-2022. One trend in the market is increasing industry-academia collaborations.
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There has been a growing trend of partnerships and collaborations in the market as key players in the industry look to partner with universities to better understand the applications of scientific instruments in various applications such as advances in solar cell, development of new nanomaterials, semiconductor manufacturing, biological science, and medical technologies.
Major key players in the global scientific instrument market: Agilent Technologies, Bruker, Danaher, Horiba, PerkinElmer, and Thermo Fisher Scientific.
According to the scientific instrument market report, one driver in the market is increase in global R&D investments. Globally, the importance of investments in R&D is increasing since a robust R&D system forms the basis for development of new products or enhancements of existing products.
Increasing technological advances and the need for better analysis for researchers has led to increasing number of research projects and research studies which are using various scientific instruments to extract greater information and insights which contribute a great deal to how a final product is formulated.
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Further, the scientific instrument market report states that one challenge in the market is compliance issues. Safety measures are defined by regulatory organizations which need to be followed at an organizational level in multiple industries such as pharmaceuticals, biotechnology, F&B, and chemical to ensure a safe product is manufactured and sold in the market.
Key questions answered in this scientific instrument market 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?
Few Points from List of Exhibits:
Exhibit 1: Related market
Exhibit 2: Market characteristics
Exhibit 3: Market segments
Exhibit 4: Market definition - Inclusions and exclusions checklist
Exhibit 5: Market size 2017
Exhibit 6: Validation techniques employed for market sizing 2017
Exhibit 7: Global Market size and forecast 2017-2022 ($ mn)
Exhibit 8: Global Year over year growth 2018-2022 (%)
Exhibit 9: Five forces analysis 2017
Exhibit 10: Five forces analysis 2022
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2017-2022
Exhibit 17: Product Market share 2017-2022 (%)
Exhibit 18: Comparison by product
Exhibit 19: Laboratory analytical instruments and consumables Market size and forecast 2017-2022 ($ mn)
Exhibit 20: laboratory analytical instruments and consumables Year over year growth 2018-2022 (%)