Scientific Instrument Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2025
“The key factors driving the scientific instrument market
comprise growth in research & testing facilities that will
ultimately increase the demand for scientific instruments”
Global scientific instrument market is expected to witness substantial growth in the coming years due to rising
investments in research and development activities. Scientific instruments are specially used for scientific
research purpose and educational science. These instruments are also used to carry out practical science
experiments in laboratories. They vary in shape and size depending upon the content to be stored or performed
with.
The key factors driving the scientific instrument market comprise growth in research & testing facilities that will
ultimately increase the demand for scientific instruments. This is because, scientific instruments are the primary
source for generating important information for further developments in various industries. Moreover,
increasing need for scientific analysis is also driving the market. Increasing number of industry academia
collaboration is a trending in the scientific instruments market.
Market is categorized on the basis of product, technology, end user, and geography. On the basis of product,
market is divided into (MMD) measuring and monitoring devices and (LAIC) laboratory analytical instruments
and consumables. Laboratory analytical instruments and consumables segment is expected to lead the market
in the forecast period due to increasing use by several industries.
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Based on technology, market is divided into laboratory automation, chromatography, spectrometry, DNA
sequencers and amplifiers, flow cytometry, and others. Chromatography segment is predicted to hold a