Global Analytical Instrumentation Market Size & Outlook
Global analytical instrumentation market, 2018-2030 (US$M)
Related Markets
Global analytical instrumentation market highlights
- The global analytical instrumentation market generated a revenue of USD 54,977.8 million in 2023 and is expected to reach USD 70,092.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.5% by 2030.
- In terms of segment, instruments accounted for a revenue of USD 30,162.5 million in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 54,977.8 million |
| Market revenue in 2030 | USD 70,092.8 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
Other key industry trends
- In terms of revenue, the North America accounted for 45.9% of the global analytical instrumentation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 345.4 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global analytical instrumentation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to analytical instrumentation market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 54.86% in 2023. Horizon Databook has segmented the Global analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Analytical Instrumentation Product Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Services
- Software
- Global Analytical Instrumentation Technology Outlook (Revenue, USD Million, 2018-2030)
- Polymerase Chain Reaction
- Spectroscopy
- Microscopy
- Chromatography
- Flow Cytometry
- Sequencing
- Microarray
- Others
- Global Analytical Instrumentation Application Outlook (Revenue, USD Million, 2018-2030)
- Life Sciences Research & Development
- Clinical & Diagnostic Analysis
- Food & Beverage Analysis
- Forensic Analysis
- Environmental Testing
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global analytical instrumentation market , including forecasts for subscribers. This global databook contains high-level insights into Global analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global analytical instrumentation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Analytical instrumentation market size, 2023 (US$M)
Global analytical instrumentation market share, by product, 2023 & 2030 (%, US$M)
Analytical instrumentation market: Opportunity assessment by country
Global analytical instrumentation market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 21,022.4 | 21,774.1 | 21,387.0 | 23,725.7 | 24,448.5 | 25,218.9 | 26,039.8 | 26,914.5 | 27,846.1 | 28,838.2 | 29,894.5 | 31,018.7 | 32,215.1 | 3.6% |
| Europe | 12,613.5 | 12,998.8 | 12,703.5 | 14,021.7 | 14,376.2 | 14,754.5 | 15,158.1 | 15,588.3 | 16,046.5 | 16,534.4 | 17,053.5 | 17,605.6 | 18,192.2 | 3.0% |
| Asia Pacific | 9,467.1 | 9,712.2 | 9,470.5 | 10,454.5 | 10,745.0 | 11,080.4 | 11,464.5 | 11,901.5 | 12,396.3 | 12,954.4 | 13,582.4 | 14,287.6 | 15,078.4 | 4.5% |
| Latin America | 2,055.6 | 2,099.3 | 2,034.2 | 2,227.5 | 2,266.9 | 2,310.5 | 2,358.7 | 2,411.6 | 2,469.5 | 2,532.6 | 2,601.3 | 2,675.9 | 2,756.6 | 2.6% |
| MEA | 1,454.3 | 1,482.8 | 1,433.8 | 1,565.9 | 1,588.7 | 1,613.5 | 1,640.3 | 1,669.4 | 1,700.7 | 1,734.4 | 1,770.6 | 1,809.3 | 1,850.6 | 2.0% |
| Overall | 46,612.9 | 48,067.2 | 47,029.0 | 51,995.3 | 53,425.1 | 54,977.8 | 56,661.5 | 58,485.3 | 60,459.2 | 62,594.1 | 64,902.3 | 67,397.0 | 70,092.8 | 3.5% |
Related regional statistics
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