Global Laboratory Supplies Market Size & Outlook
Global laboratory supplies market, 2018-2030 (US$M)
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Global laboratory supplies market highlights
- The global laboratory supplies market generated a revenue of USD 41,352.6 million in 2023 and is expected to reach USD 68,778.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.5% by 2030.
- In terms of segment, equipment accounted for a revenue of USD 26,022.9 million in 2023.
- Disposables 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, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 41,352.6 million |
| Market revenue in 2030 | USD 68,778.0 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Disposables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Disposables |
Other key industry trends
- In terms of revenue, the North America accounted for 38.0% of the global laboratory supplies market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 397.2 million by 2030.
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Laboratory Supplies Market Scope
Laboratory Supplies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global laboratory supplies 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 laboratory supplies market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 62.93% in 2023. Horizon Databook has segmented the Global laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Laboratory Supplies Product Outlook (Revenue, USD Million, 2018-2030)
- Equipment
- Incubators
- Laminar Flow Hood
- Micro Manipulation Systems
- Centrifuges
- Lab Air Filtration System
- Microscopes
- Sonicators & Homogenizers
- Autoclaves & Sterilizers
- Spectrophotometer & Microarray Equipment
- Others
- Disposables
- Pipettes
- Tips
- Tubes
- Cuvettes
- Dishes
- Gloves
- Masks
- Cell Imaging Consumables
- Cell Culture Consumables
- Equipment
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laboratory supplies market , including forecasts for subscribers. This global databook contains high-level insights into Global laboratory supplies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global laboratory supplies market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laboratory supplies market size, 2023 (US$M)
Global laboratory supplies market share, by product, 2023 & 2030 (%, US$M)
Laboratory supplies market: Opportunity assessment by country
Global laboratory supplies market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 10,179.3 | 10,756.9 | 11,439.6 | 12,998.3 | 14,403.9 | 15,706.9 | 17,095.5 | 18,572.4 | 20,140.5 | 21,802.4 | 23,560.6 | 25,417.6 | 27,375.6 | 8.3% |
| Europe | 8,526.0 | 8,963.8 | 9,581.6 | 10,722.9 | 11,823.5 | 12,829.6 | 13,895.7 | 15,023.2 | 16,213.5 | 17,467.9 | 18,787.7 | 20,173.8 | 21,627.2 | 7.8% |
| Asia Pacific | 6,694.1 | 6,977.5 | 7,522.8 | 8,203.4 | 8,966.7 | 9,644.8 | 10,354.5 | 11,096.0 | 11,868.9 | 12,673.3 | 13,508.7 | 14,374.8 | 15,271.0 | 6.8% |
| Latin America | 1,296.9 | 1,340.5 | 1,457.5 | 1,548.7 | 1,677.7 | 1,787.9 | 1,901.5 | 2,018.0 | 2,137.4 | 2,259.2 | 2,383.3 | 2,509.2 | 2,636.7 | 5.7% |
| MEA | 1,053.1 | 1,078.9 | 1,183.6 | 1,223.1 | 1,311.7 | 1,383.3 | 1,455.2 | 1,526.8 | 1,597.8 | 1,667.9 | 1,736.5 | 1,803.2 | 1,867.5 | 4.4% |
| Overall | 27,749.5 | 29,117.7 | 31,185.0 | 34,696.4 | 38,183.4 | 41,352.6 | 44,702.3 | 48,236.4 | 51,958.1 | 55,870.7 | 59,976.7 | 64,278.5 | 68,778.0 | 7.5% |
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