The global life science tools market size is anticipated to reach USD 401.01 billion by 2033, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.21% from 2025 to 2033. This growth can be attributed to a rise in government funding for life science technologies, demand for cell and gene therapies, an increase in the adoption of biopharmaceuticals, and growing competition among prominent companies in the market.
The exponential rise of COVID-19 cases globally requires rapid diagnosis for containment of the spread of infectious disease, which boosted the demand for life science tools during the pandemic and had a positive impact on the market. Rapid diagnosis of the infection, effective treatments, and preventative plans are essential for the management of cases during the COVID-19 pandemic. The current race for the development of cost-effective point-of-contact test kits and efficient laboratory methodologies for confirmation of SARS-CoV-2 infection has driven a new frontier of diagnostic innovation. During this pandemic, the U.S. FDA granted Emergency Use Authorizations (EUAs) to several diagnostic tests to make them rapidly and easily available for use. For example, in May 2022, the U.S. FDA granted a EUA to ID NOW COVID-19 2.0, a rapid in-vitro diagnostic test by Abbott Diagnostics Scarborough, Inc. Moreover, a wide range of commercial COVID-19 tests is available in the marketplace, which will further add to revenue generation.
Additionally, the life science tools industry is expanding based on the increasing investments by the government for the advancement of research and technologies. Organizations such as The National Human Genome Research Institute (NHGRI) and the National Institutes of Health (NIH) are actively funding various life science projects. For instance, the NIH funded USD 25 million for the ‘4D Nucleome Program’, which aims to understand gene regulation and cellular expression via the nuclear organization. Moreover, the U.S. government has funded several life sciences companies for R&D purposes. For instance, the Biomedical Advanced Research and Development Authority (BARDA) has planned to make awards worth USD 750,000 to facilitate the development of innovative technologies in the healthcare sector. Thus, the increase in government funding for life science research as well as technologies is expected to drive the market in the coming years.
Key players are also contributing to the growth of the market by providing advanced tools and techniques. Furthermore, companies are introducing new automated solutions in the market, which, in turn, provide lucrative opportunities for market growth. For instance, in February 2022, Covaris, LLC. announced the launch of truXTRAC FFPE Total NA Auto 96 Kit, a fully automated workflow comprising all necessary accessories, consumables, and reagents. This automated kit is powered by Adaptive Focused Acoustics (AFA) technology that allows both purification and extraction of RNA & DNA for FFPE (formalin fixed paraffin embedded) samples in 5 hours. The introduction of innovative solutions is expected to drive the market in the near future.
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The cell biology technology segment held the largest revenue share of 32.93% in 2024. The genomic technology market segment is expected to grow at the fastest CAGR over the forecast period.
The cell culture systems and 3D cell culture segment held the largest revenue share of 16.48% in 2024. The next-generation sequencing segment is expected to grow at the fastest CAGR of 13.79% over the forecast period.
The healthcare segment held the largest life science market revenue share of 31.92% in 2024. The biopharmaceutical segment is expected to grow fastest throughout the forecast period.
North America dominated the life science tools industry with the largest revenue share of 42.56% in 2024. The life science tools market in Asia Pacific is expected to grow significantly during the forecast period.
Grand View Research has segmented the global life science tools market report based on product & service, technology, end use, and region.
Life Science Tools Product & Service Outlook (Revenue, USD Million, 2021 - 2033)
Cell Culture Systems & 3D Cell Culture
Instruments
Consumables
Cell & Tissue Culture Services
Liquid Chromatography
Instruments
Consumables
Services
Mass Spectrometry
Instruments
Consumables
Services
Flow Cytometry
Instruments
Consumables
Services
Cloning & Genome Engineering
Kits, Reagents, and Consumables
Services
Microscopy & Electron Microscopy
Instruments
Consumables
Services
Next Generation Sequencing
Instruments
Consumables
Services
PCR & qPCR
Instruments
Consumables
Services
Nucleic Acid Preparation
Instruments
Consumables
Services
Nucleic Acid Microarray
Instruments
Consumables
Services
Sanger Sequencing
Instruments
Consumables
Services
Transfection Devices & Gene Delivery Technologies
Equipment
Reagents
NMR
Instruments
Consumables
Services
Other Separation Technologies
Instruments
Consumables
Services
Other Products & Services
Antibodies
General Supplies
Others
Instruments
Consumables
Services
Life Science Tools Technology Outlook (Revenue, USD Million, 2021 - 2033)
Genomic Technology
Proteomics Technology
Cell Biology Technology
Other Analytical & Sample Preparation Technology
Lab Supplies & Technologies
Life Science Tools End Use Outlook (Revenue, USD Million, 2021 - 2033)
Government & Academic
Biopharmaceutical Company
Healthcare
Industrial Applications
Others
Life Science Tools Regional Outlook (Revenue, USD Million, 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Switzerland
Asia Pacific
Japan
China
India
South Korea
Singapore
Australia
Thailand
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
List Of Key Players in the Life Science Tools Market
Agilent Technologies, Inc.
Becton, Dickinson and Company
F. Hoffmann-La Roche Ltd.
Bio-Rad Laboratories, Inc.
Danaher Corporation
Illumina, Inc.
Thermo Fisher Scientific, Inc.
QIAGEN N.V.
Merck KGaA
Shimadzu Corporation
Hitachi, Ltd.
Bruker Corporation
Oxford Instruments plc
Zeiss International
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