This report provides forecast and analysis of the life science instrumentation market which is estimated to surge at a CAGR of 6.41% over the period of 2018-2024.

Rising investments in R&D regarding the development of new drugs is one of the major drivers of life science instrumentation market. Availability of funding for life science and research further contributes to the growth of life science instrumentation market across the biotechnology and pharmaceutical industries. Growing food safety concerns, supported by stringent regulations regarding food safety is another major driver of life science instrumentation market. Other factors include rapidly growing proteomics industry and growing environmental concerns. However, high cost of instruments and lack of skilled professionals are restraining the growth of life science instrumentation market. The life science instrumentation market is segmented by technology, application, end-user, and geography. Geographically, life science instrumentation market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America accounted for the significant market share in 2018 owing to the high investment across the biotech and pharmaceutical sectors coupled with the presence of major market players in the region. APAC is projected to witness the significant CAGR during the forecast period on account of increasing investments in crop research in order to boost the agricultural yield to combat food insecurity. Moreover, rising R&D activities to develop new drugs will further fuel the growth of the APAC Life Science Instrumentation market during the forecast period.

Some of the major players covered as part of the report are Shimadzu Corporation, Danaher Corporation, Thermo Fisher Scientific Inc., General Electric Company, and PerkinElmer, Inc.

This report segmented the life science instrumentation market on the basis following terms:

• By Technology
o Spectroscopy
o Chromatography
o Flow Cytometry
o Others
• By Application
o Analytical Chemistry
o Clinical Analysis
o Environmental Testing
o Food and Beverage Analysis
o Others
• By End-User
o Hospitals
o Research Institutes
o Diagnostic Laboratories
o Others
• By Geography
o North America
 United States
 Canada
 Mexico
o South America
 Brazil
 Argentina
 Others
o Europe
 Germany
 France
 UK
 Spain
 Others
o Middle East and Africa
 Israel
 Saudi Arabia
 Others
o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

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