Italy Laboratory Supplies Market Size & Outlook, 2023-2030
Italy laboratory supplies market, 2018-2030 (US$M)
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Italy laboratory supplies market highlights
- The Italy laboratory supplies market generated a revenue of USD 1,709.9 million in 2023 and is expected to reach USD 2,954.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Disposables is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory supplies market data book summary
| Market revenue in 2023 | USD 1,709.9 million |
| Market revenue in 2030 | USD 2,954.6 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Disposables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Disposables |
| Key market players worldwide | Agilent Technologies Inc, Bio-Rad Laboratories Inc, Bruker Corp, Danaher Corp, FUJIFILM Holdings Corp, PerkinElmer, Sartorius AG, Shimadzu Corp, Thermo Fisher Scientific Inc, Waters Corp |
Other key industry trends
- In terms of revenue, Italy accounted for 4.1% of the global laboratory supplies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany laboratory supplies 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 4,548.6 million by 2030.
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Laboratory Supplies Market Scope
Laboratory Supplies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 64.07% in 2023. Horizon Databook has segmented the Italy laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
Approximately 800 companies are operating in pharmaceutical and biotechnology industries in Italy, accounting for nearly 7% of the total global R&D investments. High R&D investments are anticipated to fuel the market growth. Italy was the first and one of the worse hit European nations by the COVID-19 pandemic.
According to WHO, as of 19th July 2020, nearly 244,216 confirmed cases of COVID-19 and approximately 35,042 deaths were reported in the country, indicating high prevalence and mortality rate of the disease. This is anticipated to promote research activities to combat the disease, thereby indirectly boosting the market growth.
Furthermore, several clinical trials being conducted in the country are anticipated to increase the demand for clinical laboratory services and products. Some of the stakeholders conducting COVID-19 related trials in the country are Novartis Pharma AG, Alexion Pharmaceuticals, Inc., Rev Immune, Gilead Sciences, Inc., WHO, Imperial College London, AstraZeneca, and Hoffmann-La Roche.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy laboratory supplies market , including forecasts for subscribers. This country databook contains high-level insights into Italy laboratory supplies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy laboratory supplies market size, by product, 2018-2030 (US$M)
Italy Laboratory Supplies Market Outlook Share, 2023 & 2030 (US$M)
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