Sweden Analytical Instrumentation Market Size & Outlook
Sweden analytical instrumentation market, 2018-2030 (US$M)
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Sweden analytical instrumentation market highlights
- The Sweden analytical instrumentation market generated a revenue of USD 590.4 million in 2023 and is expected to reach USD 673.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 1.9% 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 590.4 million |
| Market revenue in 2030 | USD 673.9 million |
| Growth rate | 1.9% (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, Sweden accounted for 1.1% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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Sweden 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 55.34% in 2023. Horizon Databook has segmented the Sweden analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
The analytical instrumentation market in Sweden has experienced intense competition, driven by the country's focus on R&D, advanced manufacturing, and innovation. Sweden's vibrant life sciences, pharmaceutical, environmental, and academic sectors have increased the demand for cutting-edge analytical instruments, attracting both domestic and international players to the market.
Multinational companies such as PerkinElmer, Agilent Technologies, and Shimadzu Corporation are some of the key players in the country. The market's competitiveness has led to a constant influx of new technologies, improving instrument efficiency, accuracy, and data analysis capabilities.
The entry of startups and techsavvy companies offering disruptive technologies has also increased, further intensifying the competition. Some of the companies established in the last 10 years are Aros Applied Biotechnology, Sage Science AB, and CytoFoss AB.
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Our clientele includes a mix of analytical instrumentation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Sweden analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden analytical instrumentation market size, by product, 2018-2030 (US$M)
Sweden Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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