Stratview Research has published a report on the Laboratory Glassware Market Segmented by Product Type (Beakers, Pipettes, Burettes, Measuring Cylinders, Stirrers, Test Tubes, Watch Glasses, Funnels, Flasks, and Others), by End-User Type (Research and Academic Institutes, Hospitals, and Diagnostic Centers, Pharmaceutical and Biotechnological Industry, Contract Research Organizations, Food, and Beverage Industry, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
According to the presented report, the laboratory glassware market is likely to witness an impressive CAGR of 3.0% during the forecast period.
What is laboratory glassware?
Laboratory glassware refers to a wide range of equipment used in scientific research that is traditionally made of glass. Laboratory glassware can withstand high temperatures and is accurate, providing an optimal solution to a variety of end-users. It includes a portfolio of products such as pipets, test tubes and watch glasses that are primarily used in laboratories by various industries such as pharmaceutical, biologics, chemical, and other overlapping industries.
Market Dynamics
The growth of the laboratory glassware market is primarily driven by-
- The surge in demand for purification and segregating instruments in molecular biology research,
- Growing research in genomics is amplifying chemical research instances,
- An increasing number of research laboratories around the world.
Similarly, the growing number of research institutions and student interest in developing innovative solutions in the field of biomedical science is expected to boost the growth of the market during the forecast period.
Market Segments' Analysis
The market researchers have studied the Laboratory Glassware Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information –
Based on the product type, the market is segmented as beakers, pipettes, burettes, measuring cylinders, stirrers, test tubes, watch glasses, funnels, flasks, and others. Test tubes are expected to hold the major share of the market during the forecast period owing to their increasing demand from academic institutions and research laboratories. In addition, test tubes offer high temperature and chemical resistance, and thus are largely used by chemists and biologists. This is further expected to drive market growth during the forecast period.
Based on the end-user type, the market is segmented as research and academic institutes, hospitals and diagnostic centers, the pharmaceutical and biotechnological industry, contract research organizations, the food and beverage industry, and others. The research and academic institutes segment is estimated to account for the major share of the market during the forecast period on account of the increasing number of research laboratories, and research institutions, and the growing development of innovative solutions in the field of biomedical science. In addition, various initiatives by the government to support research and development activities, especially in emerging economies, are expected to fuel the growth of the market during the forecast period.
In terms of regions, North America is estimated to be the leading region in the market during the forecast period. The growth of the region’s market is owing to the increasing demand for laboratory consumables, a growing number of diagnostic tests, and investment for Research & Development, mainly in the U.S. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
Key Players
- Acumen Labware
- Bellco Glass Inc.
- BOECO Germany
- BOROSIL
- Corning Incorporated
- DWK Life Sciences Limited
- Paul Marienfeld GmbH & Co. KG
- Rose Scientific Ltd.
- SciLabware Ltd.
- SOMATCO.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
