Australia Analytical Instrumentation Market Size & Outlook
Australia analytical instrumentation market, 2018-2030 (US$M)
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Australia analytical instrumentation market highlights
- The Australia analytical instrumentation market generated a revenue of USD 911.3 million in 2023 and is expected to reach USD 1,176.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Analytical instrumentation market data book summary
| Market revenue in 2023 | USD 911.3 million |
| Market revenue in 2030 | USD 1,176.5 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
| Key market players worldwide | Thermo Fisher Scientific Inc, Waters Corp, Shimadzu Corp, Danaher Corp, Agilent Technologies Inc, Bruker Corp, PerkinElmer, Mettler-Toledo International Inc, ZEISS Group, Bio-Rad Laboratories Inc, Illumina Inc, Eppendorf, Roche Holding AG, Sartorius AG, Avantor Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global analytical instrumentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China analytical instrumentation market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,724.7 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 54.29% in 2023. Horizon Databook has segmented the Australia analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of established pharmaceutical & biotechnology companies and extensive R&D initiatives being undertaken by them are expected to create high need for analytical instruments in the country. Furthermore, market players are increasingly adopting inorganic growth strategies to enter the lucrative market in Australia, which is anticipated to support market growth in the country. For instance, in September 2020, Sony Biotechnology chose Sysmex as its exclusive distributor of life sciences products in the Australian market.
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Our clientele includes a mix of analytical instrumentation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Australia analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia analytical instrumentation market outlook size, by product, 2018-2030 (US$M)
Australia Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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