The report forecasts the K-12 laboratory kits market in the US to grow at a CAGR of 11.88% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, replacement of old devices will be a key driver for market growth. Recent advances in learning and teaching methods are encouraging schools to replace their outdated laboratory products with new ones. New products have advanced safety features and improved designs and technology. With the expansion of course curriculum in subjects such as anatomy and physical science, schools are embracing projects and experiment ideas to enhance student knowledge. As a result, the schools need to procure and replace old and outdated devices for the purpose of experimentation in laboratories. This has paved the way for providers of laboratory kits to penetrate the market with their latest offerings. This factor has consistently played an active role in accelerating the growth of the laboratory kits market in the US.
Further, the report states that in the present-day education with high fee rates, parents are consciously enrolling their children into institutions that offer state-of-the-art technology.
- Carolina Biological Supply Company
- eScience Labs
Quality Science Labs
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Economic overview
PART 06: Market landscape
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Market segmentation by product
PART 13: Market segmentation by end-user
PART 14: Market segmentation by school ownership
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Other prominent vendors
PART 18: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wpfn3w/k12_laboratory