Global Analysis of the Laboratory Analytical Instruments Market Mar-2017

Global Laboratory Analytical Instruments Market 2017-2021
The Laboratory Analytical Instruments market report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are
the key players in the global laboratory analytical instruments market: Agilent Technologies, Bruker,
PerkinElmer, Danaher, and Thermo Fisher Scientific. Other Prominent Vendors in the market are ABB,
AB Sciex, Alpha Omega, AMETEK, AMS Technologies, Analytik Jena, Bio-Rad Laboratories, C.B.S.
Scientific Company, Cole-Parmer Instrument Company, Evans Analytical, Foss etc.
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Market Trend
The latest trend gaining momentum in the laboratory analytical instruments market is increase in
technological advances. Over the years, laboratory analytical instruments have been used for
experiments related to several applications due to which the overall architecture and elementary
technology have changed significantly. The evolution in technology and the growth of nanotechnology
has had a significant impact on the growth of the laboratory analytical instruments market.
Market Driver
One of the major drivers for laboratory analytical instruments market is growing regulations to ensure
high-quality products. Globally, there is a growing imposition of government regulations demanding the
use of high-quality products and better work environment to ensure quality in testing and results. This
will make end-users, such as research organizations, invest in related areas to ensure that the quality
standards are met. In pharmaceutical and semiconductor industries, where changes in the molecular
level are often required, the demand for laboratory analytical instruments is bound to increase.
Market Challenge
One of the major factors hindering the growth of laboratory analytical instruments market is high cost of
solutions. In recent years, the cost of laboratory analytical instrument solutions has multiplied several
times due to reasons, such as poor distribution network of vendors in developing nations, which has
forced many companies to import instruments from other countries.
Another key aspect of increased cost is the rapid technological advances that increase the overall cost of
laboratory analytical instruments and consumables. Emerging technologies, stiff competition, and high
investments in R&D are some of the factors that are forcing market vendors to incur high capital
expenditures.
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PART 01: Executive summary
PART 02: Scope of the report