Laboratory Disposables Market Size to Grow by USD 12.32 Bn | 34% of the growth to originate from North America| Technavio

NEW YORK, April 28, 2022 /PRNewswire/ — According to the market outlook report, the Laboratory Disposables Market share will witness a YOY growth of 9.53% in 2022 at a CAGR of 10.83% during the forecast period. One of the main drivers of the Laboratory Disposables Market is the increasing research studies and innovations to meet the growing demand in the industries such as life sciences, chemicals, and food and beverages.  The market has been broadly categorized into the following demographic segmentations: 

  • End-user – Pharmaceutical and biotechnology companies, research and academic institutions, and others
  • Geography – North America, Europe, Asia, and Rest of World (ROW)

For more insights on YOY and CAGR, Read our latest Sample Report

Vendor Insights 

The Laboratory Disposables Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. 

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • 3M Corp
  • Agilent Technologies Inc.
  • Avantor Inc.
  • Becton Dickinson and Co.
  • BIO PLAS Inc.
  • Bio Rad Laboratories Inc.
  • BioTC Labware
  • BRAND GmbH and Co. KG
  • Cardinal Health Inc.
  • CELLTREAT Scientific Products
  • Corning Inc.
  • Crystalgen Inc.
  • Eppendorf AG
  • GENFOLLOWER BIOTECH Co. Ltd.
  • Gerresheimer AG
  • Greiner Bio-One International GmbH
  • Heathrow Scientific LLC
  • Labcon North America
  • Labtech Disposables
  • QIAGEN NV
  • Simport Scientific Inc.
  • Surgeine Healthcare India Pvt. Ltd.
  • Thermo Fisher Scientific Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report.

Geographical Market Analysis 

North America will account for 34% of the market’s growth. In North America, the United States is the most important market for laboratory disposables. This region’s market will increase at a quicker rate than the rest of the world’s market (ROW).

Over the projection period, the laboratory disposables market in North America would benefit from large expenditures from venture capitalists and government-funded research in countries such as the United States and Canada.

Furthermore, countries such as the US, UK, Germany, China, and India are expected to emerge as prominent markets for the Laboratory Disposables Market during the forecast period. 

Know more about this market’s geographical distribution along with a detailed analysis of the top regions. Download Detailed Sample Report. 

Key Segment Analysis

The pharmaceutical and biotechnology firms segment will grow its laboratory disposables market share significantly. The significant public and private money invested in these companies’ research and development will fuel market expansion in the future years. Aside from that, countries like China, Brazil, and Chile are working on increasing their research skills by utilizing low-cost, high-benefit laboratory disposable supplies.

View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Drivers & Challenges: 

The increasing research studies and developments to meet the growing demand in sectors such as life sciences, chemicals, and food and beverages is one of the important drivers driving the worldwide laboratory disposables market growth. Another trend that is projected to positively influence the industry in the forecast period is the increasing usage of laboratory automation systems as a result of rising laboratory costs and high laboratory failures. One of the major roadblocks to the worldwide laboratory disposables market’s expansion is the lack of difference among providers, as they all have the same forms and sizes.

Download Sample Report for highlights on market Drivers & Challenges affecting the Laboratory Disposables Market. 

Customize Your Report 

Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. 

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now! 

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Laboratory Disposables Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.83%

Market growth 2022-2026

$ 12.32 billion

Market structure

Fragmented

YoY growth (%)

9.53

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 34%

Key consumer countries

US, UK, Germany, China, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Corp, Agilent Technologies Inc., Avantor Inc., Becton Dickinson and Co., BIO PLAS Inc., Bio Rad Laboratories Inc., BioTC Labware, BRAND GmbH and Co. KG, Cardinal Health Inc., CELLTREAT Scientific Products, Corning Inc., Crystalgen Inc., Eppendorf AG, GENFOLLOWER BIOTECH Co. Ltd., Gerresheimer AG, Greiner Bio-One International GmbH, Heathrow Scientific LLC, Labcon North America, Labtech Disposables, QIAGEN NV, Simport Scientific Inc., Surgeine Healthcare India Pvt. Ltd., and Thermo Fisher Scientific Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Pharmaceutical and biotechnology companies – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Pharmaceutical and biotechnology companies – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Pharmaceutical and biotechnology companies – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Pharmaceutical and biotechnology companies – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Pharmaceutical and biotechnology companies – Year-over-year growth 2021-2026 (%)
  • 5.4 Research and academic institutions – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Research and academic institutions – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Research and academic institutions – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Research and academic institutions – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Research and academic institutions – Year-over-year growth 2021-2026 (%)
  • 5.5 Others – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Others – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by End-user
    • Exhibit 40: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 Asia – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Asia – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Asia – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Asia – Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
  • 7.7 US – Market size and forecast 2021-2026
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.8 China – Market size and forecast 2021-2026
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.11 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Agilent Technologies Inc.
    • Exhibit 89: Agilent Technologies Inc. – Overview
    • Exhibit 90: Agilent Technologies Inc. – Business segments
    • Exhibit 91: Agilent Technologies Inc. – Key news
    • Exhibit 92: Agilent Technologies Inc. – Key offerings
    • Exhibit 93: Agilent Technologies Inc. – Segment focus
  • 10.4 BIO PLAS Inc.
    • Exhibit 94: BIO PLAS Inc. – Overview
    • Exhibit 95: BIO PLAS Inc. – Product / Service
    • Exhibit 96: BIO PLAS Inc. – Key offerings
  • 10.5 Bio Rad Laboratories Inc.
    • Exhibit 97: Bio Rad Laboratories Inc. – Overview
    • Exhibit 98: Bio Rad Laboratories Inc. – Business segments
    • Exhibit 99: Bio Rad Laboratories Inc. – Key news
    • Exhibit 100: Bio Rad Laboratories Inc. – Key offerings
    • Exhibit 101: Bio Rad Laboratories Inc. – Segment focus
  • 10.6 Corning Inc.
    • Exhibit 102: Corning Inc. – Overview
    • Exhibit 103: Corning Inc. – Business segments
    • Exhibit 104: Corning Inc. – Key offerings
    • Exhibit 105: Corning Inc. – Segment focus
  • 10.7 Eppendorf AG
    • Exhibit 106: Eppendorf AG – Overview
    • Exhibit 107: Eppendorf AG – Product / Service
    • Exhibit 108: Eppendorf AG – Key news
    • Exhibit 109: Eppendorf AG – Key offerings
  • 10.8 GENFOLLOWER BIOTECH Co. Ltd.
    • Exhibit 110: GENFOLLOWER BIOTECH Co. Ltd. – Overview
    • Exhibit 111: GENFOLLOWER BIOTECH Co. Ltd. – Product / Service
    • Exhibit 112: GENFOLLOWER BIOTECH Co. Ltd. – Key news
    • Exhibit 113: GENFOLLOWER BIOTECH Co. Ltd. – Key offerings
  • 10.9 Gerresheimer AG
    • Exhibit 114: Gerresheimer AG – Overview
    • Exhibit 115: Gerresheimer AG – Business segments
    • Exhibit 116: Gerresheimer AG – Key news
    • Exhibit 117: Gerresheimer AG – Key offerings
    • Exhibit 118: Gerresheimer AG – Segment focus
  • 10.10 Greiner Bio-One International GmbH
    • Exhibit 119: Greiner Bio-One International GmbH – Overview
    • Exhibit 120: Greiner Bio-One International GmbH – Product / Service
    • Exhibit 121: Greiner Bio-One International GmbH – Key offerings
  • 10.11 Labcon North America
    • Exhibit 122: Labcon North America – Overview
    • Exhibit 123: Labcon North America – Product / Service
    • Exhibit 124: Labcon North America – Key offerings
  • 10.12 QIAGEN NV
    • Exhibit 125: QIAGEN NV – Overview
    • Exhibit 126: QIAGEN NV – Product / Service
    • Exhibit 127: QIAGEN NV – Key news
    • Exhibit 128: QIAGEN NV – Key offerings
  • 10.13 Thermo Fisher Scientific Inc.
    • Exhibit 129: Thermo Fisher Scientific Inc. – Overview
    • Exhibit 130: Thermo Fisher Scientific Inc. – Business segments
    • Exhibit 131: Thermo Fisher Scientific Inc. – Key news
    • Exhibit 132: Thermo Fisher Scientific Inc. – Key offerings
    • Exhibit 133: Thermo Fisher Scientific Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations
    • Exhibit 140: List of abbreviations

About Us: 
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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SOURCE Technavio

Laboratory Disposables Market Size to Grow by USD 12.32 Bn | 34% of the growth to originate from North America| Technavio WeeklyReviewer

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