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Global Life Science Instrumentation Market to Derive Growth from the Growing Incidence of Chronic Diseases, says Fortune Business Insights

The global life science instrumentation market will benefit from recent advancements in the life science instrumentation industry. According to a report by Fortune Business Insights, titled “Life Science Instrumentation Market”, Share and Global Trend By Technology (PCR, Spectroscopy, Microscopy, Chromatography, Electrophoresis, Next-generation sequencing (NGS), Flow Cytometry, Centrifuges), By Application (Clinical and Diagnostic, Research), By Distribution Channel (Hospitals and diagnostic laboratories, Pharmaceutical and biotechnology companies, Academic & Research institutions) and Geography Forecast till 2026,” the market will grow considerably in the coming years due to the increasing prevalence of chronic conditions.

The increased prevalence of chronic conditions in developed as well as developing nations has created the demand for life science instrumentation. The severity of chronic diseases, combined with the need for early diagnosis and treatment will aid the growth of the global life science instrumentation market in the coming years. Furthermore, the increased awareness regarding early detection and treatment of chronic diseases will contribute to the demand for life science instrumentation across the world. Fortune Business Insights has included several factors that have contributed to the growth of the global life science instrumentation market in recent years. Additionally, the report provides forecast values for the market through extensive research analysis methods.

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Life science Instrumentation Industry Will Derive Growth from New Products

The increased patient pool for chronic diseases and other severe diseases has created the demand for efficient treatment and diagnosis methods. Life science instrumentation has provided the answer to the growing patient needs, which in turn, has aided the growth of the companies operating in this market. Encouraged by the high demand, companies are focused on introducing new products and incorporating latest technologies in order to suffice the increased consumer needs. Among the several life science instrumentation market growth stimulators, Fortune Business Insights has labelled the increasing number of product launches as one of the leading factors accounting for market growth. In February 2019, Tecan announced the launch of a new product aimed at enhancing the overall operation of library preparation kits. Tecan’s NGS DreamPrep will significantly reduce the total time required for preparing libraries and also help increase the accuracy and efficiency of test results. Fortune Business Insights has predicted that Tecan’s latest product will help the company generate substantial life science instrumentation market revenue in the coming years, and subsequently aid growth of the global market.

 The report covers:

  • Global Life Science Instrumentation Market trends, with detailed analysis on consumer trends & manufacturer trends.
  • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
  • Key areas of investments identifying market opportunities and challenges in forecast timeframe.
  • Competitive analysis of the industry players along with the overview on strategic management.
  • Comprehensive company profiles of the major industry players.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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Leading Players operating in the Life Science Instrumentation Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Danaher,
  • Thermo Fisher Scientific, Inc.,
  • Merck & Co., Inc.,
  • Bio-Rad Laboratories, Inc.,
  • Agilent Technologies, Inc.,
  • Illumina, Inc.,
  • PerkinElmer, Inc.,
  • BD, Bruker,
  • Hitachi High-Technologies Corporation.

North America Likely to Emerge as One of the Leading Regions

The growing adoption of advanced product launches and the trends of modern technologies has opened the doors for rapid growth of the life science instrumentation market in North America. The report explains in detail, the reasons behind North America’s recent market dominance. Similarly, the report provides segmentation of the global life science instrumentation market based on regional demographics and categorizes the market in major regions such as Asia Pacific, Middle East and Africa, Latin America, and Europe. Fortune Business Insights, through its extensive research analysis techniques, predicts that the life science instrumentation market in Asia Pacific will grow at the highest CAGR in the coming years, among all regions.

Global Life Science Instrumentation Market Segmentation

By Technology

  • PCR
  • Spectroscopy
  • Microscopy
  • Chromatography
  • Electrophoresis
  • Next-generation sequencing (NGS)
  • Flow Cytometry
  • Centrifuges
  • Others

By Application

  • Clinical and Diagnostic
  • Research
  • Others

By Distribution Channel

  • Hospitals and diagnostic laboratories
  • Pharmaceutical and biotechnology companies
  • Academic & Research institutions
  • Others

By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Life Science Instrumentation Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

Reasons to Purchase this Report:

  • Comprehensive analysis of the Life Science Instrumentation Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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