How the Laboratory Accessories Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theLaboratory Accessories Market?
Expected growth in the laboratory accessories market is being fuelled by an increase in diagnostic tests. Diagnostic procedures, which identify whether a disease or condition is present in patients, and determine its nature and cause, are becoming more prevalent. Their increase is primarily attributable to improved healthcare accessibility, the essential management of chronic illnesses, increasing patient expectations, and the rise of genetic testing. Role of laboratory accessories is indispensable throughout the entire process of diagnostic testing, from the initial collection and preparation of samples to the final documentation and analysis. Their inclusion ensures the precision, efficiency, and security of diagnostic tests, all of which result in dependable and valuable information for treating patients. For instance, diagnostic tests quantity increased from 44.0 million in 2022 to 45.0 million in March 2023 – a 2.2% growth, according to England’s Diagnostic Imaging Dataset Annual Statistical report in November 2023. Therefore, the laboratory accessories market is driven by the increasing demand for diagnostic tests.
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#How Does the ProjectedLaboratory Accessories Market Growth Compare Over the Forecast Period?
The market for laboratory accessories has experienced substantial growth in the past few years. The projected growth is from $613.47 billion in 2024 to $665.58 billion in 2025, with a compelling Compound Annual Growth Rate (CAGR) of 8.5%. Factors credited for the historical growth include a surge in life science research and clinical lab testing, a rise in infectious diseases prevalence, an increased demand for lab testing, greater attention to global health matters, and an increment in the hospital count.
Expectations are high for robust expansion in the laboratory accessories market over the coming years. Projected to reach a size of $915.07 billion by 2029, it anticipates a compound annual growth rate (CAGR) of 8.3%. Emerging economies expanding their laboratory infrastructure, a growing focus on eco-friendly and sustainable lab practices, a surge in the demand for compatible accessories, enhanced efforts in drug therapy research and development, and increased diagnostic testing are the driving factors for this growth during the predicted period. The times ahead are likely to see advancements in laboratory technology, automation and digital solutions, technological progression, smart lab technologies, and the implementation of artificial intelligence (AI) and machine learning (ML) into lab procedures as major trends.
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What Key Market Trends and Innovations Are Shaping the Future of theLaboratory Accessories Industry?
Leading corporations in the laboratory accessories market are striving to develop innovative products such as the automated plasmid purification system. Their goal is to offer solutions capable of increased productivity, enhanced reproducibility, and supportive of advanced applications involved in molecular biology, clinical diagnostics, and pharmaceutical innovation. The automated system is a state-of-the-art lab tool engineered to simplify the isolation of plasmid DNA (pDNA) from bacterial cultures, eliminating human intervention. Thermo Fisher Scientific, a prominent life science and clinical research firm based in the United States, introduced the Thermo Scientific KingFisher PlasmidPro Maxi Processor in June 2024 – a fully automated maxi-scale plasmid DNA (pDNA) purification system. The system’s design aims to make the purification process more efficient, thereby boosting the productivity of laboratory workflows in therapeutic discovery and development. The innovative technology aims to minimize manual mistakes and improve throughput, focusing on molecular biology and genetic research.
Which Companies Are Leading the Charge in Expanding theLaboratory Accessories Market Growth?
Major companies operating in the laboratory accessories market are Thermo Fisher Scientific Inc., The Merck Group, Agilent Technologies Inc., Sartorius AG, PerkinElmer Inc., Mettler-Toledo International Inc., Endress+Hauser Group Services AG, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Horiba Ltd., Eppendorf AG, Metrohm AG, Hamilton Company, Analytik Jena AG, Labconco Corporation, Rigaku Corporation, Biotix Inc., SP Industries Inc, Corning Incorporated, Tecan Group Ltd.
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How is the Global Laboratory Accessories Market Segemented?
The laboratory accessories market covered in this report is segmented –
1) By Product Type: Instruments, Glassware, Lab Tables, Consumables, Other Product Types
2) By Laboratory Type: Clinical And Diagnostics Labs, Pharma, Biotech, And Medical Device Companies, Academic And Research Lab, Other Laboratory Types
3) By Application: Academic, Hospitals, Private Laboratories, Biotechnology, Other Applications
Subsegments:
1) By Instruments: Laboratory Analyzers Or Centrifuges Or Microscopes Or Spectrophotometers Or Ph Meters
2) By Glassware: Beakers Or Flasks Or Test Tubes Or Pipettes And Burettes Or Petri Dishes
3) By Lab Tables: Workbenches Or Laboratory Island Tables Or Height-Adjustable Lab Tables Or Chemical-Resistant Tables
4) By Consumables: Gloves And Lab Coats Or Filters And Membranes Or Test Strips Or Disposable Pipettes Or Culture Media
5) By Other Product Types: Lab Safety Equipment Or Storage Solutions Or Lab Cleanliness Products
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Which Geographics are Influencing the Growth of the Laboratory Accessories Market?
North America was the largest region in the laboratory accessories market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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