DUBLIN--(BUSINESS WIRE)--The "Scientific Instrument Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global scientific instrument market reached a value of US$ 32 Billion in 2017.
Scientific instruments refer to laboratory equipment which are designed, constructed and refined for scientific purposes. These instruments include ammeter, barometer, chromometer, galvanometer, hydrometer, photometer, phonograph, etc. which are used for analysing, measuring and verifying the unproven properties and quantities of a material or an element.
Scientific instruments form an important component of new product development and innovating and remodelling the existing products. In modern times, research institutes use these instruments to achieve optimum efficiency in their research processes as well.
The major demand driver of the global scientific instrument market is the growth of the research and development sector. Additionally, the rising collaboration between governments and manufacturers to provide the best instruments in government and university laboratories and various other research institutions is anticipated to contribute to the market growth across the globe.
Further, the integration of scientific instruments with computers extends and enhances instrumental functions, offers parameter adjustments & conditions and streamlines data sampling, collection, resolution & analysis. This is expected to expand the demand for scientific instruments worldwide.
The competitive landscape of the market has also been examined with some of the key players being Agilent, Bruker, Danaher, Horiba, Thermo Fisher, Waters, Roche, Pelkin Elmer and Merck.
Owing to these factors, the market value is projected to exceed US$ 41 Billion by 2023, expanding at a CAGR of 4.1% during 2018-2023.
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Scientific Instrument Market
6 Market Breakup by End-Use
7 Market Breakup by Application
8 Market Breakup by Region
9 Scientific Instrument Manufacturing Process
10 Competitive Landscape
- Agilent
- Bruker
- Danaher
- Horiba
- Thermo Fisher
- Waters
- Roche
- Pelkin Elmer
- Merck
For more information about this report visit https://www.researchandmarkets.com/research/nzngcg/32_bn_scientific?w=4
