As per the latest report by IMARC Group, titled “Scientific Instrument Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on scientific instrument market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global scientific instrument market size reached US$ 41.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
A scientific instrument is a tool or device designed and used to make scientific measurements and observations. It is essential in many scientific fields, such as physics, chemistry, biology, geology, astronomy, and many others. It is used to gather and analyze data and to develop new theories and models to understand the natural world better. There’s a wide variety of scientific instruments, each designed for specific purposes. Examples of commonly used instruments include microscopes, telescopes, spectrometers, thermometers, balances, and measuring cylinders. Scientific Instrument ranges from simple handheld devices to complex machines requiring specialized training.
Get a Sample Copy of this Report: https://www.imarcgroup.com/scientific-instrument-market/requestsample
Market Trends:
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The global market is primarily driven by the significant growth in the R&D sector for newer product development. In line with this, the increasing collaborations between governments and manufacturers to create effective means of developing scientific instruments is significantly contributing to market growth. Furthermore, the rising number of testing and research facilities in the field of biotechnology and pharmaceuticals is positively influencing the market. Apart from this, the governments of several countries’ heavy investments in the healthcare sector are creating a positive outlook for the market. Moreover, the growing demand for generics and biosimilars is catalyzing the market. Besides, pharmaceutical companies’ shifting focus on improving the drug development process and product quality is propelling the demand for high-quality scientific instruments worldwide. Additionally, the escalating demand for better analysis equipment and rapid advancement in neuroscience and applied microbiology are providing a boost to the market.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/scientific-instrument-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Agilent
- Bruker
- Danaher
- Horiba
- Thermo Fisher
- Waters
- Roche
- Pelkin Elmer
- Merck
Scientific Instrument Market Segmentation:
Our report has categorized the market based on region, end-use and type.
Breakup by End-Use:
- Industrial
- Government institutes
- Academics
Breakup by Type:
- Scientific clinical analyzers
- Scientific analytical instruments
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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