The global sales of Biotechnology Instruments in 2021 was held at US$ 46.1 Bn. With 16.4%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of Biotechnology Instruments Market across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of Biotechnology Instruments Market during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Analysis on Market Size Evaluation
The market has been analyzed for each segment in terms of value (US$ Mn).
Estimates at global and regional levels for Biotechnology Instruments Market and the Biotechnology Instruments Market are available in terms of “US$ Mn” for value. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global Biotechnology Instruments Market.
According to the market research analysis, partnerships and expansion have been the prominent development in Biotechnology Instruments market in recent years. Abbott, Agilent Technologies, Alcon, Inc., AngioDynamics, Becton, Dickinson and Company, BioMerieux SA, Bio-Rad Laboratories, BioTek Instruments, Inc., Candela Medical, Cynosure, LLC., Danaher Corporation, Endress+Hauser (Analytik Jena GmbH), F. Hoffmann-La Roche Ltd., IIlumina Inc., IRIDEX, Lumenis, Merck KGaA, Novanta, Inc., Perkin Elmer, Inc., QIAGEN, Siemens Healthineers, Tecan Group AG, Thermo Fisher Scientific, Inc., Waters Corporation, Zimmer MedizinSysteme are the prominent providers of Biotechnology Instruments services.
- In January 2021, Sartorius Stedim Biotech purchased Novasep’s chromatography process equipment segment. Its chromatography product offering includes enhanced chromatography systems and resin-based batch for multi-use applications such as oligonucleotides, small molecules, insulin, and peptides.
- In February 2021, Waters Corporation launched a next-generation liquid chromatography system-Waters ACQUITY PREMIER Solution. It features the company’s breakthrough MaxPeak High-performance Surface technology.
- In July 2021, Lumenis introduced MOSES 2.0 Next-Generation Holmium Laser Technology. This launch was intended to increase the efficacy of urinary stones and the enlarged prostate operation. This is feasible because to laser energy transfer improvement. Furthermore, increased investment initiatives aid many companies in expanding their market footprints.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the?Biotechnology Instruments Market during the forecast period.
Country-specific valuation on demand for Biotechnology Instruments Market has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
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Market Segments Covered in Biotechnology Instruments Industry Analysis
· By Component :
- Lab Automation Instruments
- Spatial Cell Analysis
- Other Lab Automation Instruments
- Medical Lasers
- Life Science Consumables
- IVD Instruments
- Lab Automation Instruments
· By End-use :
- Government & Academic Institutes
- Pharmaceutical & Biotechnology Companies
- Hospitals & Healthcare Facilities
- Other End-uses
· By Region :
- North America
- Latin America
Detailed breakup in terms of value for emerging countries has also been included in the report.
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