Global Laboratory Disposable Products Market Size study & Forecast, by Product (Pipettes, Tips, Cuvettes, Tubes, Dishes, Masks, Vials, Specimen Containers, Transport Vials, Others), by Material (Glass, Plastic), by End User (Academic and Research Institutes, Contract Research Organizations, Diagnostic Laboratories, Others) and Regional Analysis, 2022-2029
Global Laboratory Disposable Products Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The Laboratory Disposable Products market refers to the segment of the scientific and laboratory equipment industry that deals with the production, distribution, and sale of disposable products used in laboratories. These products include items such as disposable gloves, pipettes, test tubes, petri dishes, filters, and other items that are designed for single-use and are disposed of after use. The major driving factors for the Global Laboratory Disposable Products Market are Increased demand for high-quality research, growing number of research activities and increased focus on disease diagnosis and treatment. Moreover, government initiatives for Laboratory Disposable Products and technological advancements are creating lucrative growth opportunity for the market over the forecast period 2022-2029.
In 2019, the European Union introduced new regulations on medical devices, including laboratory disposable products, with a focus on increasing safety and traceability. Similarly, in 2020, the UK government provided funding to support the production and distribution of laboratory disposable products to help combat the COVID-19 pandemic. However, the high cost of Laboratory Disposable Products stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Laboratory Disposable Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the presence of well-established pharmaceutical and biotech companies. The demand for laboratory disposable products is high due to the growing research and development activities in these sectors. The Asia-Pacific region is expected to witness significant growth in the Laboratory Disposable Products market owing to the growing demand for these products in the healthcare industry. The market is also driven by the increasing investment in research and development activities in countries such as China and India.
Major market player included in this report are: Cardinal Health
Thomas Scientific
Medicus Health
Therapak (Avantor)
Dynarex Corporation
Thermo Fisher Scientific Inc.
McKesson Medical-Surgical Inc
Medline Industries, Inc.
BD
Agilent Technologies, Inc
Recent Developments in the Market:Greiner Bio-One International GmbH announced the expansion of its manufacturing facility in September 2020, which will enable the company to increase production of its laboratory consumables, including disposable products.
Corning Incorporated announced the acquisition of Axygen BioScience, Inc. in February 2020, which will expand Corning's portfolio of laboratory consumables, including disposable products such as pipette tips and microcentrifuge tubes.
Global Laboratory Disposable Products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Material, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Product:
Pipettes
Tips
Cuvettes
Tubes
Dishes
Masks
Vials
Specimen Containers
Transport Vials
Others
By Material:
Glass
Plastic
By End User:
Academic and Research Institutes
Contract Research Organizations
Diagnostic Laboratories
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies MentionedCardinal Health
Thomas Scientific
Medicus Health
Therapak (Avantor)
Dynarex Corporation
Thermo Fisher Scientific Inc.
McKesson Medical-Surgical Inc
Medline Industries, Inc.
BD
Agilent Technologies, Inc
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