U.S. Laboratory Disposable Products Market To Reach $2.64 Billion By 2030

U.S. Laboratory Disposable Products Market Growth & Trends

The U.S. laboratory disposable products market size is expected to reach USD 2.64 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.0% during the forecast period. Increasing patient population in U.S. due to high prevalence of chronic disease is anticipated to drive the product demand.

In addition, increasing use of eco-friendly raw materials in laboratories is also expected to fuel the market. Environment-friendly raw materials are comparatively cheaper, easy to use and dispose, hygienic, and are easily available. Hence, laboratory professionals increasingly prefer eco-friendly raw materials, which in turn is expected to drive the U.S. laboratory disposable products market in near future.

Rising funding from private and public entities for research-based studies over the last few years has stimulated the development of more laboratories in educational institutions. This factor is expected to drive the growth of the market. Moreover, growing use of disposable products in healthcare industry is also anticipated to fuel the demand for laboratory disposable products in the forthcoming years.

Factors such as rise in number of laboratories in U.S., R&D activities in healthcare, and number of laboratory experiments are expected to create opportunities for the market players to expand their product portfolio.

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U.S. Laboratory Disposable Products Market Report Highlights

• By product, specimen containers segment held the maximum share of the U.S. laboratory disposable products market owing to the increasing patient pool

• High prevalence of cancer is expected to drive the tissue collectors segment over the forecast period

• Glass material is expected to lead the market over the forecast period owing to the features of the material, such as tolerance of higher temperatures, better transparency, and resistance to inert and atmospheric gases

• Hospital segment is expected to hold a significant market share in near future owing to rising incidence of chronic disorders and high prevalence of cancer in U.S.

U.S. Laboratory Disposable Products Market Segmentation

Grand View Research has segmented the U.S. laboratory disposable products market report based on products, materials, and end use:

U.S. Laboratory Disposable Product Outlook (Revenue, USD Million, 2018 - 2030)

• Specimen Containers

• Transport Vials

• Collection and Transport Swabs

• Tissue Collectors

• Optical Grade

U.S. Laboratory Disposable Products Material Outlook (Revenue, USD Million, 2018 - 2030)

• Glass

• Plastic

U.S. Laboratory Disposable Products End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Ambulatory Surgical Centers

• CROs

• Others

List of Key Players in U.S. Laboratory Disposable Products Market

• Cardinal Health

• Thomas Scientific

• Medicus Health

• Therapak, an Avantor company.

• Dynarex Corporation.

• Thermo Fisher Scientific Inc.

• MCKESSON CORPORATION

• Medline Industries, Inc.

• BD

• Agilent Technologies, Inc.