France Laboratory Equipment Market Size & Outlook
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France laboratory equipment market highlights
- The France laboratory equipment market generated a revenue of USD 1,130.6 million in 2023 and is expected to reach USD 1,897.2 million by 2030.
- The France market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, general was the largest revenue generating product in 2023.
- Support is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory equipment market data book summary
| Market revenue in 2023 | USD 1,130.6 million |
| Market revenue in 2030 | USD 1,897.2 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | General |
| Fastest growing segment | Support |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General, Analytical, Clinical, Support, Specialty |
| Key market players worldwide | Sartorius AG, Bio-Rad Laboratories Inc, FUJIFILM Holdings Corp, Thermo Fisher Scientific Inc, Agilent Technologies Inc |
Other key industry trends
- In terms of revenue, France accounted for 3.8% of the global laboratory equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK laboratory equipment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,820.6 million by 2030.
General was the largest segment with a revenue share of 26.59% in 2023. Horizon Databook has segmented the France laboratory equipment market based on general, analytical, clinical, support, specialty covering the revenue growth of each sub-segment from 2018 to 2030.
France is a hotspot for many research-based pharmaceutical giants, such as Novartis, Sanofi, Roche, and Pfizer. It has over 300 research facilities that ensure strategic, scientific, and operational coordination of biomedical research. According to Trading Economics, R&D in France was nearly 2.35 % of its total GDP in 2020. Thus, high investments in R&D in the country are anticipated to fuel market growth.
Furthermore, expansions undertaken by various stakeholders are anticipated to increase the demand for lab equipment. For instance, in September 2021, SGS expanded bioanalytical testing capabilities at its laboratory in Poitiers. Some of the key market players in the laboratory equipment market in France are bio Mérieux, PerkinElmer, Roche Diagnostics, and Beckman Coulter.
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Laboratory Equipment Market Scope
Laboratory Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Sartorius AG | View profile | 14338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | https://www.sartorius.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
France laboratory equipment market size, by product, 2018-2030 (US$M)
France Laboratory Equipment Market Outlook Share, 2023 & 2030 (US$M)
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