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Laboratory Equipment Services Market to Reach US$ 21 Billion at a CAGR of +13% in 2025

Laboratory Equipment Services Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Laboratory Equipment Services Market place for the forecast 2019– 2025.

The worldwide market for Laboratory Equipment Services is expected to grow at a CAGR of roughly 13% over the next five years, will reach 21 Billion US$ in 2025. Increasing shift towards home based testing and high prices of the services contracts are predicted to hinder the market development in the mentioned period.

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Scope of The Report:

Laboratory equipment services offer different kinds of apparatus and equipment that are essential for the research & study in the biological and pharmaceutical industry. Moreover, laboratory equipment services have their usage in industrial services and commercial industries. Increasing research in biological and pharmaceutical sector, the global laboratory equipment services market is predicted to touch new heights of development in the years to come.

Key Players in the Laboratory Equipment Services Market Report

The major players included in the global laboratory equipment services market forecast are Waters Corporation, Thermo Fisher Scientific Inc., Danaher Corporation, Agilent Technologies, Merck Millipore, LP, Hettich Instruments, Pace Analytical Services, Inc., Eppendorf AG, Mindray Medical International Limited, and others.

The global laboratory equipment services market is segmented into its equipment, service types, service provider, service contract, and end-user. By the service types, the market is segmented into calibration, repair & maintenance, validation, and other services. By equipment, the laboratory equipment services market is divided into support equipment, general equipment, analytical equipment, specialty equipment, and others. Based on service contract, laboratory equipment services market is divided into standardized and customized. By service provider, the laboratory equipment services market is divided into third-party service agencies, original equipment manufacturers, and others. By end-user, the laboratory equipment services market is divided as pharmaceutical & biotechnology companies, clinical & diagnostic laboratories, academic institutes, and others.

Laboratory Equipment Services Market Key Segments:

By Equipment Type:
Analytical Equipment
General Equipment
Specialty Equipment
Support Equipment

By Type
Repair and Maintenance
Calibration
Validation
Other Services

By Service Providers Type
OEMs
Third-party Service Providers
Other Service Providers
Laboratory Equipment Services Market,

By Contract Type
Standard Service Contract
Customized Service Contract

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Increasing Research Activities In Pharmaceutical & Biotechnology Sector Is Predicted To Improve The Market Development

Increasing research activities in pharmaceutical & biotechnology sector is predicted to improve the market development. Some of the other factors such as increasing demand for effective diagnosis of diseases, increasing investment by government to enhance biomedical research activities, advancement in the laboratory equipment, and improvement in the healthcare infrastructure will act as factors for the development of the laboratory equipment services market in the coming period. Increasing shift towards home based testing and high prices of the services contracts are predicted to hinder the market development in the mentioned period.

This laboratory equipment services market is affected by trade regulations, new recent developments, production analysis, import export analysis, market share, value chain optimization, analyses opportunities in terms of emerging revenue pockets, impact of domestic and localized market players, strategic market growth analysis, changes in market regulations, category market growths, market size, product approvals, product launches, application niches and dominance, technological innovations, and geographic expansions in the market.

Market by Regional Analysis

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa

North America Led The Laboratory Equipment Services Market, After Asia Pacific, And Is Claimed To Maintain The Same In The Years To Come

North America led the laboratory equipment services market, after Asia Pacific, and is claimed to maintain the same in the years to come. The growing and high number of clinical trials, the strong presence of major pharmaceutical and biotechnology companies, high life science R&D expenditure, and the attendance of a huge number of academic organizations & research institutions in the area are the factors powering the development of the market in the region.

The Asia Pacific region is predicted to clock the highest development rate in the global laboratory equipment services market during the coming period. This is credited primarily to the rising occurrence of acute and chronic diseases such as cancer, HIV, and diabetes and the rising aim of big pharmaceutical firms towards outsourcing their research to CROs in Asia.

Table of Content:

Chapter 1 Global Laboratory Equipment Services Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Laboratory Equipment Services Market Revenue Overview
1.3 Global Laboratory Equipment Services Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025

Chapter 2 Global Laboratory Equipment Services Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Laboratory Equipment Services Market: SWOT Analysis
2.7 Global Laboratory Equipment Services Market: PEST Analysis
2.7 Global Laboratory Equipment Services Market: Porter’s Five Forces Analysis

Chapter 3 Competitive Analysis
3.1 Global Laboratory Equipment Services Market
3.1.1 Global Laboratory Equipment Services market Revenue (USD Billion), By Players 2018
3.1.2 Global Laboratory Equipment Services Market Revenue Share (%), By Players 2018

Chapter 5 Global Laboratory Equipment Services Market: By Product Type
5.1 Global Laboratory Equipment Services Market Share (%), By Product Type, 2018
5.2 Global Laboratory Equipment Services Market Revenue (USD Billion), By Product Type, 2015 – 2025
5.3 Global Laboratory Equipment Services Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Laboratory Equipment Services Market Revenue (USD Billion), 2015-2025

Continued……

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