Global Biotechnology Instruments Market Size, Trends & Growth Opportunity, By Product (Lab Automation Instruments, Life Science Consumables, IVD Instruments, Medical Lasers) By Region and Forecast till 2027
Report ID : QR1001261 | Industries : Healthcare | Published On :November 2021 | Page Count : 253Global Biotechnology Instruments Market
The global Biotechnology Instruments market was valued at USD 47470 million in 2020 which expected to reach USD 106750 million by 2027 at a CAGR 12.66% from 2020-2027.
Biotechnology is currently one of the most explored and rapidly expanding areas of applied science. The field, which deals with the creation of a wide range of extremely valuable goods from biological agents or their derivatives, has emerged as a critical complementary force, enabling proper operations and output across a wide range of industries.
Market Drivers
The biotechnology industry's expansion can also be due to a variety of factors, including the introduction of new and innovative products, partnerships, acquisitions, technological advancements, and increased usage in a variety of applications. Rising demand for POC devices in the home and other healthcare settings to serve the senior population, as well as increased government measures to decrease hospital stays through the establishment of outpatient care models, are likely to fuel demand.
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Market Restraints
The rapid adoption of alternative rubber products such as natural rubber, styrene butadiene rubber, and isoprene are important restrictions on the worldwide Biotechnology Instruments industry. Rising demand for chloroprene-based bearing pads in bridge construction due to increased inter-trade and transportation is expected to be a major driver for the Biotechnology Instruments market during the forecast period.
COVID-19 Impact on the Biotechnology Instruments Market
The COVID-19 pandemic has accelerated medication discovery and research efforts while putting additional strain on pharmaceutical companies and clinical laboratories. TAT reduction has been a focus, which has increased interest in automated liquid handles, micro plate readers, and robotics. For hospitals and health systems, on the other hand, the pandemic has resulted in lower revenues and margins, as well as lower expenditures in automation and technology.
Market Segmentation
The Global Biotechnology Instruments Market is segmented into Product. By Product such as Lab Automation Instruments, Life Science Consumables, IVD Instruments, Medical Lasers. The market was dominated by the life science consumables segment. Medical lasers have developed as a profitable market segment, owing to their rising uses. Medical lasers have mostly been employed in a variety of surgical operations.
Regional Analysis
Global Biotechnology Instruments Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Biotechnology Instruments market. This is due to china’s growing demand in a variety of vehicle and industrial component applications. The high demand for and low cost of biotechnology instruments Furthermore, the region's proclivity for manual automation in biotechnology, pharmaceuticals, and related sectors is increasing need for innovative and sophisticated instruments to ease and accelerate the process.
Key Players
Various key players are listed in this report such as Abbott, Agilent Technologies, Alcon, Inc., AngioDynamics, Becton, Dickinson, and Company, BioMerieux SA, Bio-Rad Laboratories, BioTek Instruments, Inc., and Candela Medical, Cynosure, LLC, Danaher Corporation.
Market Taxonomy
By Product
- Lab Automation Instruments
- Proteomics
- Genomics
- Sequencing
- Spatial Cell Analysis
- Others
- Life Science Consumables
- IVD Instruments
- Medical Lasers
- Therapeutics
- Ophthalmic
- Ablation
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Biotechnology Instruments Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Biotechnology Instruments Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Biotechnology Instruments Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Biotechnology Instruments Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Biotechnology Instruments Market Share Analysis, By Product
5.3 Global Biotechnology Instruments Market Size and Forecast, By Product
5.3.1 Lab Automation Instruments
5.3.1.1 Proteomics
5.3.1.2 Genomics
5.3.1.3 Sequencing
5.3.1.4 Spatial Cell Analysis
5.3.1.5 Others
5.3.2. Life Science Consumables
5.3.3 IVD Instruments
5.3.3.1 Medical Lasers
5.3.3.2 Therapeutics
5.3.3.3 Ophthalmic
5.3.3.4 Ablation
6 Global Biotechnology Instruments Market, By End-use
6.1 Y-o-Y Growth Comparison, By End-use
6.2 Global Biotechnology Instruments Market Share Analysis, By End-use
6.3 Global Biotechnology Instruments Market Size and Forecast, By End-use
6.3. 1 Coatings & Adhesives
6.3.2. Wires & Cables
6.3.3. Hoses & Tubes
6.3.4. Building & Construction
6.3.5 Automotive
6.3.6 Medical End-uses
6.3.7 Others
7 Global Biotechnology Instruments Market, By Region
7.1 Global Biotechnology Instruments Market Share Analysis, By Region
7.2 Global Biotechnology Instruments Market Share Analysis, By Region
7.3 Global Biotechnology Instruments Market Size and Forecast, By Region
8 North America Biotechnology Instruments Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Biotechnology Instruments Market Share Analysis, By Product
8.3 North America Biotechnology Instruments Market Size and Forecast, By End-use
8.4 North America Biotechnology Instruments Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Biotechnology Instruments Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Biotechnology Instruments Market Share Analysis, By Product
9.3 Europe Biotechnology Instruments Market Size and Forecast, By End-use
9.4 Europe Biotechnology Instruments Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Biotechnology Instruments Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Biotechnology Instruments Market Share Analysis, By Product
10.3 Asia Pacific Biotechnology Instruments Market Size and Forecast, By End-use
10.4 Asia Pacific Biotechnology Instruments Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Biotechnology Instruments Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Biotechnology Instruments Market Share Analysis, By Product
11.3 Latin America Biotechnology Instruments Market Size and Forecast, By End-use
11.4 Latin America Biotechnology Instruments Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Biotechnology Instruments Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Biotechnology Instruments Market Share Analysis, By Product
12.3 Middle East Biotechnology Instruments Market Size and Forecast, By End-use
12.4 Middle East Biotechnology Instruments Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Abbott
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Agilent Technologies
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Alcon, Inc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 AngioDynamics
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Becton.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Dickinson
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Company, BioMerieux SA
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Bio-Rad Laboratories
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 BioTek Instruments, Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Candela Medical
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies