Global Life Science Instrumentation Market: Market Research by Knowledge Sourcing Intelligence


Life Science Instrumentation to Provide Better Quality Treatment



Instrumentation in life science holds a great advantage and opportunity for innovation and better quality treatment for the patients. It can address different aspects that hold the key to cutting edge research and innovative applications in the biotechnology and pharmaceutical industry among others. It is also used in the food and beverage industry and in the monitoring of the manufacturing process. The target market study conducted by Knowledge Sourcing Intelligence shows that the major players in the market are Shimadzu Corporation, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Perkinelmer, Inc., Danaher Corporation and Hitachi High-Technologies Corporation among others.
  
The demand for the life science instrumentation market is driven by the increasing investment by the pharmaceutical industry players for drug discovery and development, as it involves the use of the instruments. The demand is also driven by the rise in the increasing incidences of infectious diseases. The growing food and beverage industry attributes the growth of the demand in the market owing to the increasing consciousness among the consumers about health. Moreover, the growing proteomics market and the increasing environmental concern have also supported the life science instrumentation market size to increase. Furthermore, the increasing research and development by the key market players will lead to the life science instrumentation market size in the coming years.
Key Developments
·    Bruker launched the novel INVENIO X Fourier Transform Infrared system for research in molecular spectroscopy on 25 September 2019.
·        Bio-Rad Laboratories Inc. announced the innovative technology platform, BioPlex 2200Lyme Total Assay, to aid in the diagnosis of Lyme disease after receiving US FDA clearance.

Market Segmentation

The life science instrumentation market analysis shows that the market can be segmented based on technology, application, end-user, and geography. By technology, the market has been classified as spectroscopy, chromatography, flow cytometry, others. By application, the market has been segmented as Analytical Chemistry, Clinical Analysis, Environmental Testing, Food & Beverage Analysis, and Others. By end-user, the market has been segmented as Hospitals, Research Institutes, Diagnostic Laboratories, and Others. By geography, the market has been segmented as North America, South America, Europe, the Middle East, and Africa, and The Asia Pacific. The North America region holds the largest share in the market owing to the widespread research and development in the field due to the high investment. The region also has the presence of a large customer base. Europe region is also expected to grow fast owing to the presence of a large number of API manufacturing units, growing research, and developing the pharmaceutical sector in Russia.

Key insights offered
What will be the Life Science Instrumentation market size from 2017 to 2023?
How are the major drivers and restraints affecting the Life Science Instrumentation market growth and the opportunities that exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of the competitive landscape and key market participants’ behavior
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.



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