Global Laboratory Equipment and Disposables Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Equipment - Incubators, Laminar Flow Hood, Micro Manipulation Systems, Centrifuges, Lab Air Filtration System, Scopes, Sonicators and Homogenizers, Autoclaves and Sterilizers, Spectrophotometers & Microarray Equipment and Others, Disposables - Pipettes, Tips, Tubes, Cuvettes, Dishes, Gloves, Masks, Cell Imaging Consumables, and Cell Culture Consumables.

By Application;

Biochemistry, Endocrinology, Microbiology, Genetic Testing, and Others.

By End User;

Biotechnology and Pharmaceutical, Academic and Research Institutes, Hospitals and Diagnostic Laboratories, Contract Research Organizations (CROs), Forensic Laboratories, Food & Beverage Industry, and Environmental Testing Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn411072979 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Laboratory Equipment and Disposables Market (USD Million), 2021 - 2031

In the year 2024, the Global Laboratory Equipment and Disposables Market was valued at USD 27,953.94 million. The size of this market is expected to increase to USD 40,610.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The global laboratory equipment and disposables market is a dynamic sector integral to various scientific disciplines, ranging from pharmaceuticals and biotechnology to academic research and healthcare. This market encompasses a vast array of instruments, apparatus, and consumables utilized in laboratories for experimentation, analysis, and diagnostics. With the continuous advancement in scientific research and technological innovation, the demand for cutting-edge laboratory equipment and disposables remains robust.

One of the primary drivers propelling the growth of this market is the increasing emphasis on research and development activities across diverse industries. As companies and institutions strive to stay competitive and innovate, they invest in state-of-the-art laboratory equipment to enhance efficiency, accuracy, and productivity. Additionally, the rising prevalence of chronic diseases and the need for accurate diagnostic tools contribute to the expansion of the laboratory equipment and disposables market.

Government initiatives aimed at promoting scientific research and improving healthcare infrastructure further fuel market growth. Funding support for academic research, public-private partnerships, and initiatives to enhance laboratory standards and practices create a conducive environment for market development. Furthermore, the globalization of scientific collaborations and the proliferation of contract research organizations (CROs) drive the adoption of advanced laboratory equipment and disposables worldwide.

The market faces challenges such as stringent regulatory requirements and the high cost associated with sophisticated laboratory equipment. Manufacturers must navigate complex regulatory landscapes to ensure compliance with quality standards and safety regulations. Additionally, economic uncertainties and budget constraints in some regions may impede market growth to some extent. Nonetheless, the continuous innovation in laboratory technologies, coupled with increasing investment in research and development, is expected to sustain the growth momentum of the global laboratory equipment and disposables market in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Laboratory Equipment and Disposables Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing research and development activities
        3. Growing healthcare expenditure
        4. Rising demand for personalized medicine
      2. Restraints
        1. High cost of equipment
        2. Stringent regulatory requirements
        3. Limited access to funding
        4. Lack of skilled professionals
      3. Opportunities
        1. Emerging markets expansion
        2. Increasing adoption of automation
        3. Rising demand for point-of-care testing
        4. Growth in academic research activities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Laboratory Equipment and Disposables Market, By Product Type, 2021 - 2031 (USD Million)
      1. Equipment
        1. Incubators
        2. Laminar Flow Hood
        3. Micro Manipulation Systems
        4. Centrifuges
        5. Lab Air Filtration System
        6. Scopes
        7. Sonicators and Homogenizers
        8. Autoclaves and Sterilizers
        9. Spectrophotometers & Microarray Equipment
        10. Others
      2. Disposables
        1. Pipettes
        2. Tips
        3. Tubes
        4. Cuvettes
        5. Dishes
        6. Gloves
        7. Masks
        8. Cell Imaging Consumables
        9. Cell Culture Consumables
    2. Global Laboratory Equipment and Disposables Market, By Application, 2021 - 2031 (USD Million)
      1. Biochemistry
      2. Endocrinology
      3. Microbiology
      4. Genetic Testing
      5. Others
    3. Global Laboratory Equipment and Disposables Market, By End User, 2021 - 2031 (USD Million)
      1. Biotechnology and Pharmaceutical
      2. Academic and Research Institutes
      3. Hospitals and Diagnostic Laboratories
      4. Contract Research Organizations (CROs)
      5. Forensic Laboratories
      6. Food & Beverage Industry
      7. Environmental Testing Laboratories
    4. Global Laboratory Equipment and Disposables Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific Inc
      2. Agilent Technologies, Inc
      3. Merck KGaA
      4. Danaher Corporation
      5. PerkinElmer, Inc
      6. Sartorius AG
      7. Eppendorf AG
      8. Shimadzu Corporation
      9. Waters Corporation
      10. BD (Becton, Dickinson and Company)
  7. Analyst Views
  8. Future Outlook of the Market