Global Analytical Instrumentation Market Size & Outlook

The analytical instrumentation industry worldwide is expected to reach a projected revenue of US$ 70,092.8 million by 2030. A compound annual growth rate of 3.5% is expected of the worldwide analytical instrumentation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$54,977.8
Forecast, 2030 (US$M)
$70,092.8
CAGR, 2024 - 2030
3.5%
Report Coverage
Worldwide

Global analytical instrumentation market, 2018-2030 (US$M)

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 2023USD 54,977.8 million
Market revenue in 2030USD 70,092.8 million
Growth rate3.5% (CAGR from 2023 to 2030)
Largest segmentInstruments
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, 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 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)

Global analytical instrumentation market size, by regions, 2018-2030 (US$M)

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