Global Life Science Tools Market to Reach $82.4 Billion by 2027
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Abstract: – Global Life Science Tools Market to Reach $82. 4 Billion by 2027. – Amid the COVID-19 crisis, the global market for Life Science Tools estimated at US$49. 9 Billion in the year 2020, is projected to reach a revised size of US$82.
New York, Feb. 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Life Science Tools Industry” – https://www.reportlinker.com/p06032055/?utm_source=GNW
4 Billion by 2027, growing at a CAGR of 7.4% over the analysis period 2020-2027. Cell Biology, one of the segments analyzed in the report, is projected to record a 7.3% CAGR and reach US$31.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Genomic segment is readjusted to a revised 7.5% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $13.5 Billion, While China is Forecast to Grow at 11.2% CAGR
– The Life Science Tools market in the U.S. is estimated at US$13.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.3 Billion by the year 2027 trailing a CAGR of 11.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
– Proteomics Segment to Record 8% CAGR
– In the global Proteomics segment, USA, Canada, Japan, China and Europe will drive the 7.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.4 Billion in the year 2020 will reach a projected size of US$10.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.3 Billion by the year 2027, while Latin America will expand at a 9.4% CAGR through the analysis period.
– Select Competitors (Total 33 Featured) –
Agilent Technologies
Becton, Dickinson and Company
Bio-Rad Laboratories, Inc.
Bruker Corporation
Danaher Corporation
GE Healthcare
Hitachi, Ltd.
Hoffmann-La Roche Ltd.
Illumina, Inc.
Merck KGaA
Oxford Instruments plc
Qiagen N.V.
Shimadzu Corporation
Thermo Fisher Scientific, Inc.
ZEISS International
Read the full report: https://www.reportlinker.com/p06032055/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Life Science Tools
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$…
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