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Scientific Instruments Market

Global Scientific Instruments Market Size, Share, Forecast: By Type: Scientific Clinical Analyzers, Scientific Analytical Instruments, Others; By End Use: Industrial, Government Institutes, Academics; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Scientific Instruments Market Outlook

The global scientific instruments market size reached a value of almost USD 39.94 billion in the year 2023. The scientific instruments industry is further expected to grow at a CAGR of 4.5% between 2023 and 2032 to reach a value of almost USD 59.39 billion by 2032.

 

Global Scientific Instruments Market

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The global scientific instruments market is driven by the rising research activities in the pharmaceutical industry. North America is the leading regional market for scientific instruments as it accounts for the largest market share. The industry is fuelled by the growing collaborations and partnerships among manufacturers and education and research institutes. This is further being supported by investments in the healthcare sector by governments of several countries due to the ageing population and the rising demand for generics and biosimilars.

 

Properties and Applications

Scientific instruments are referred to as laboratory equipment, which are constructed, designed, and refined for scientific purposes. These instruments include a barometer, ammeter, chromometer, hydrometer, phonograph, galvanometer, photometer, and others, which are used for measuring, analysing, and verifying the unverified properties and quantities of an element or a material. Scientific instruments form a crucial component of new product development and in innovating and remodelling the existing ones. In the modern age, research institutes use these instruments to attain optimum efficiency in their research.

 

Global Scientific Instruments Market By Type

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The scientific instruments market is segmented on the basis of end-uses into:

  • Industrial
  • Government Institutes
  • Academics

Amongst these, the industrial segment accounts for the largest total market share.

On the basis of type, the industry is divided into:

  • Scientific Clinical Analysers
  • Scientific Analytical Instruments
  • Others

Presently, scientific clinical analysers exhibit the most popular scientific instrument globally.

The report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Scientific Instruments Market By Region

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Market Analysis 

The global scientific instruments market is driven by the growing number of research and testing units, especially in the pharmaceutical and biotechnology fields. In addition to this, the rising focus on enhancing the drug development process and product quality by the pharmaceutical companies is creating a demand for high-quality scientific instruments. 

Moreover, the industry is finding impetus by the rising stringent environmental regulations across the world, which has, as a result, boosted the sales of measurement equipment for emission level control and compliance, especially in the industrial sector. Besides, the rapid advancement in new areas of research, such as neuroscience and applied microbiology, has led to the growing requirement for better analysis equipment, thereby strengthening the industry growth.

 

Competitive Landscape 

The report gives a detailed analysis of the following key players in the global scientific instruments market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Thermo Fisher Scientific
  • Agilent Technologies, Inc.
  • Bruker Corporation
  • PerkinElmer Inc.
  • Danaher Corporation
  • Horiba
  • Waters
  • F. Hoffmann-La Roche Ltd
  • Zeiss International
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. 

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Region
Breakup by Type
  • Scientific Clinical Analyzers
  • Scientific Analytical Instruments
  • Others
Breakup by End Use
  • Industrial
  • Government Institutes
  • Academics
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Thermo Fisher Scientific
  • Agilent Technologies, Inc.
  • Bruker Corporation
  • PerkinElmer Inc.
  • Danaher Corporation
  • Horiba
  • Waters
  • F. Hoffmann-La Roche Ltd
  • Zeiss International
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Scientific Instruments Market Report Snapshots

Scientific Instruments Market Size

Scientific Instruments Market Analysis

Scientific Instruments Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Scientific Instruments Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Scientific Instrument Historical Market (2018-2023) 
    8.3    Global Scientific Instruments Market Forecast (2024-2032)
    8.4    Global Scientific Instruments Market by Type
        8.4.1    Scientific Clinical Analyzers
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Scientific Analytical Instruments
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Scientific Instruments Market by End Use
        8.5.1    Industrial 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Government Institutes
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Academics
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Scientific Instruments Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Scientific Instruments Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Scientific Instruments Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Scientific Instruments Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Scientific Instruments Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Scientific Instruments Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Thermo Fisher Scientific
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Agilent Technologies, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Bruker Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    PerkinElmer Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Danaher Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Horiba
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Waters
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    F. Hoffmann-La Roche Ltd
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Zeiss International
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Scientific Instruments Market: Key Industry Highlights, 2018 and 2032
2.    Global Scientific Instrument Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global School Scientific Instrument Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Scientific Instrument Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Scientific Instruments Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Scientific Instrument Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Scientific Instruments Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Scientific Instrument Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Scientific Instrument Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Scientific Instrument Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Scientific Instrument Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Scientific Instrument Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Scientific Instrument Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Scientific Instrument Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Scientific Instrument Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Scientific Instrument Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Scientific Instrument Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Scientific InstrumentsMarket Structure

Key Questions Answered in the Report

In 2023, the global scientific instruments market attained a value of about USD 39.94 billion. 

The market is expected to grow at a CAGR of 4.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 59.39 billion by 2032.

The major drivers of the market are growing investments into the healthcare sector, improvements in drug development processes, and rising number of research and testing units.

The rising adoption of scientific instruments in various industrial sectors and increasing collaborations and partnerships among manufacturers, research and educational institutes are the major trends of the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Scientific clinical analysers and scientific analytical instruments, among others, are the various types of scientific instruments in the market.

The different end uses in the market are industrial, government institutes, and academics.

The key players in the global scientific instruments market are Thermo Fisher Scientific, Agilent Technologies, Inc., Bruker Corporation, PerkinElmer Inc., Danaher Corporation, Horiba, Waters, F. Hoffmann-La Roche Ltd, and Zeiss International, among others.

Analyst Review

The global scientific instruments market attained a value of USD 39.94 billion in 2023 driven by growing research undertaking by the pharmaceutical industry. Aided by the rising investments by governments in the healthcare sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.5%. The market is projected to reach USD 59.39 billion by 2032.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the scientific instruments market can be segmented into scientific clinical analysers and scientific analytical instruments, among others, with scientific clinical analysers accounting for the largest market share. On the basis of end-uses, the industrial sector accounts for leading market share. The major regional markets for scientific instruments are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the industry. The key players in the above industry include Thermo Fisher Scientific, Agilent Technologies, Inc., Bruker Corporation, PerkinElmer Inc., Danaher Corporation, Horiba, Waters, F. Hoffmann-La Roche Ltd, Zeiss International, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

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