Italy Analytical Instrumentation Market Size & Outlook

The analytical instrumentation market in Italy is expected to reach a projected revenue of US$ 2,056.1 million by 2030. A compound annual growth rate of 2.8% is expected of Italy analytical instrumentation market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,699.0
Forecast, 2030 (US$M)
$2,056.1
CAGR, 2024 - 2030
2.8%
Report Coverage
Italy

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

Italy

Italy analytical instrumentation market highlights

  • The Italy analytical instrumentation market generated a revenue of USD 1,699.0 million in 2023 and is expected to reach USD 2,056.1 million by 2030.
  • The Italy market is expected to grow at a CAGR of 2.8% 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 2023USD 1,699.0 million
Market revenue in 2030USD 2,056.1 million
Growth rate2.8% (CAGR from 2023 to 2030)
Largest segmentInstruments
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Services, Software
Key market players worldwideThermo 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, Italy accounted for 3.1% 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 Europe, Germany analytical instrumentation market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 4,189.3 million by 2030.

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Analytical Instrumentation Market Scope

Analytical instrumentation market segmentation & scope
Instruments
Services
Software
Polymerase Chain Reaction
Spectroscopy
Microscopy
Chromatography
Flow Cytometry
Sequencing
Microarray
Others
Life Sciences Research & Development
Clinical & Diagnostic Analysis
Food & Beverage Analysis
Forensic Analysis
Environmental Testing
Others

Analytical Instrumentation Market Companies

Name Profile # Employees HQ Website

Italy 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 55.33% in 2023. Horizon Databook has segmented the Italy analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.


Strong presence of well-established & emerging product manufacturers and continuous organic & inorganic growth strategies being adopted by them are expected to create a lucrative environment for market growth. For instance, in April 2019, Kinetic River, a U.S.-based flow cytometry company, signed an agreement with Italy-based EMC2 to distribute its flow cytometry products and services in Italy.

Furthermore, Paragon Genomics partnered with Devyser, which is one of the leading suppliers of consumables for advanced DNA testing to market CleanPlex products in Italy. Increasing demand for NGS in the country is expected to bring more such products to Italy.

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Italy analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy analytical instrumentation market size, by product, 2018-2030 (US$M)

Italy Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)

Italy analytical instrumentation market size, by product, 2018-2030 (US$M)

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