Global Laboratory Equipment Services Market Segmentation | Application Outlook | Product Benchmarking 2030

Laboratory Equipment Services Market Overview:

Maximize Market Research, a Laboratory Equipment Services business research firm has published a report on the “Laboratory Equipment Services Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Laboratory Equipment Services Market:

Laboratory Equipment Services Market size was valued at USD 14.49 Billion in 2023 and the total Laboratory Equipment Services revenue is expected to grow at a CAGR of 9.8 % from 2024 to 2030, reaching nearly USD 27.88 Billion by 2030.

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Laboratory Equipment Services Market Report Scope and Research Methodology:

The scope of the Laboratory Equipment Services market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Laboratory Equipment Services market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Laboratory Equipment Services sector and capitalizing on growth prospects.

Laboratory Equipment Services Market Regional Insights:

Improved dependability and increasing demand drive growth in the Laboratory Equipment Services Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Laboratory Equipment Services market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Laboratory Equipment Services Market Segmentation:

by Service Type

Calibration Services

Repair and Maintenance Services

Validation Services

Equipment Rental Services

Training Services

Other Services

In 2023, the Laboratory Equipment Services Market was dominated by calibration services. This is because these services are essential for maintaining precise measurements and adherence to regulations in various industries, including environmental monitoring and pharmaceuticals. In order to reduce equipment downtime and preserve operating efficiency, repair and maintenance services are commonly used, especially in healthcare and research environments. Validation services are crucial for confirming the functionality and dependability of lab equipment, particularly in highly regulated industries like food testing and biotechnology. Smaller labs and startups are increasingly turning to equipment rental services as a cost-effective way to obtain cutting-edge equipment without having to make substantial capital investments. The need for training programs to improve laboratory staff's competence in using and troubleshooting sophisticated equipment is growing. Additional services that include technical support, consultation, and customizations.

by Equipment Type

Analytical Equipment

General Equipment

Specialty Equipment

Others

by Application

Clinical Diagnostics

Drug Discovery & Development

Biotechnology & Life Sciences Research

Environmental Testing

Food & Beverage Testing

Academic Research

Others

by End-User Industry

Pharmaceutical & Biotechnology Companies

Contract Research Organizations (CROs)

Academic & Research Institutes

Hospitals & Diagnostic Laboratories

Environmental Testing Laboratories

Food & Beverage Companies

Others

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Table of Content: Laboratory Equipment Services Market

Part 01: Executive Summary

Part 02: Scope of the Laboratory Equipment Services Market Report

Part 03: Global Laboratory Equipment Services Market Landscape

Part 04: Global Laboratory Equipment Services Market Sizing

Part 05: Global Laboratory Equipment Services Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Laboratory Equipment Services Market Key Players:

Major Contributors in the Laboratory Equipment Services Industry in North America:

1. Thermo Fisher Scientific Inc. - Headquarters: Waltham, Massachusetts, United States

2. Agilent Technologies, Inc. - Headquarters: Santa Clara, California, United States

3. Waters Corporation - Headquarters: Milford, Massachusetts, United States

4. PerkinElmer, Inc. - Headquarters: Waltham, Massachusetts, United States

5. Bio-Rad Laboratories, Inc. - Headquarters: Hercules, California, United States

6. Bruker Corporation - Headquarters: Billerica, Massachusetts, United States

Leading Figures in the European Laboratory Equipment Services Sector:

1. Merck KGaA - Headquarters: Darmstadt, Germany

2. Eppendorf AG - Headquarters: Hamburg, Germany

3. Sartorius AG - Headquarters: Göttingen, Germany

4. F. Hoffmann-La Roche Ltd - Headquarters: Basel, Switzerland

5. Qiagen N.V. - Headquarters: Venlo, Netherlands

Key players driving the Asia-Pacific Laboratory Equipment Services Market:

1. Shimadzu Corporation - Headquarters: Kyoto, Japan

2. Hitachi High-Tech Corporation - Headquarters: Tokyo, Japan

3. PerkinElmer Pty Ltd. - Headquarters: Glen Waverley, Australia

4. Luminex Corporation - Headquarters: North Ryde, Australia

Key questions answered in the Laboratory Equipment Services Market are:

Who are the leading companies and what are their portfolios in Laboratory Equipment Services Market?

What segments are covered in the Laboratory Equipment Services Market?

Who are the key players in the Laboratory Equipment Services market?

What is Laboratory Equipment Services?

What was the Laboratory Equipment Services market size in 2023?

What is the growth rate of the Laboratory Equipment Services Market?

Which are the factors expected to drive the Laboratory Equipment Services market growth?

What are the different segments of the Laboratory Equipment Services Market?

What growth strategies are the players considering to increase their presence in Laboratory Equipment Services?

What are the upcoming industry applications and trends for the Laboratory Equipment Services Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Laboratory Equipment Services Market?

What segments are covered in the Laboratory Equipment Services Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)

Past Pricing and price curve by region (2018 to 2023)

Market Size, Share, Size & Forecast by different segment | 2024-2030

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of Business by Region

Lucrative business opportunities with SWOT analysis

Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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