Biotechnology Instruments Market, By Product Type (Lab Automation Instruments, Life Science Consumables, IVD Instruments), End User (Government and Academic Institutes, Pharmaceutical and Biotechnology Companies, Hospitals and Healthcare Facilities), By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Biotechnology Instruments Market size was valued at USD 44,532.2 Million in 2022, expanding at a CAGR of 5.7% from 2023 to 2030.
Biotechnology instruments play a crucial role in the isolation and identification of biological molecules. Recent advancements in the field of miniaturization and the development of lightweight materials have opened up new possibilities for designing these instruments. These advancements have introduced innovative dimensions in the construction of biotechnology instruments, allowing for more compact and portable designs. By leveraging miniaturization and lightweight materials, researchers and scientists are able to enhance the performance, portability, and usability of these instruments, making them more efficient and convenient for various applications in the field of biotechnology.
Biotechnology Instruments Market- Market Dynamics
High adoption of point-of-care diagnostic devices is expected to propel the market demand
The market growth is being driven by the widespread adoption of point-of-care diagnostic devices. Continuous research and development efforts have led to significant advancements in the capabilities of these systems. The latest equipment offers a wide range of tests, making them suitable for use in various hospital settings. Additionally, novel point-of-care devices enable the real-time transmission of test results to patients\' electronic medical records, allowing physicians to conveniently review the information. Moreover, these systems are designed to easily adapt to changes in laboratory regulations. Furthermore, the increasing prevalence of chronic disorders, including infectious diseases like COVID-19, cardiovascular disorders, diabetes, cancer, and others, is expected to contribute to the market\'s growth
Biotechnology Instruments Market- Key Insights
- As per the analysis shared by our research analyst, the global Biotechnology Instruments market is estimated to grow annually at a CAGR of around 5.7% over the forecast period (2023-2030)
- The Biotechnology Instruments industry is projected to grow at a significant rate due to high adoption of point-of-care diagnostic devices
- Based on product type, Life Sciences was predicted to show maximum market share in the year 2022
- Based on End User, Hospitals and Healthcare Facilities was the leading type in 2022
- On the basis of region, North America was the leading revenue generator in 2022
Biotechnology Instruments Market- Segmentation Analysis:
The Global Biotechnology Instruments Market is segmented on the basis of Product Type, End User, and Region.
The market is divided into three categories based on Product Type: Lab Automation Instruments, Life Science Consumables, IVD Instruments. In 2023, the Life Sciences Consumables is anticipated to capture a significant market share. The introduction of new PCR test kits is anticipated to have a significant impact on the segment\'s growth. The COVID-19 pandemic has resulted in a widespread adoption of RT-PCR kits, which has played a substantial role in driving revenue within the life science consumables segment. The World Health Organization (WHO) has also emphasized the importance of early detection of COVID-19, leading to a large-scale adoption of reagents and kits. The market for medical lasers has witnessed substantial growth due to the increasing range of applications. Previously, medical lasers were predominantly utilized in surgical procedures. However, recent advancements in lasers, such as improved convenience, compact devices, miniaturization, and self-contained modules, have created new opportunities for market expansion in fields like neurosurgery, ophthalmology, dermatology, and dentistry. These developments have positioned the medical laser market as a lucrative space for growth and innovation.
The market is divided into three categories based on End User: Government and Academic Institutes, Pharmaceutical and Biotechnology Companies, Hospitals and Healthcare Facilities. Hospitals and healthcare facilities dominated the revenue share. The demand for IVD point-of-care devices in hospitals has been driven by the impact of COVID-19. Recent advancements in IVD instruments have significantly enhanced their usability and efficiency, leading to increased adoption across various healthcare settings. For example, Beckman Coulter introduced the DXH560 AL, a tabletop hematology analyzer, in February 2021. This innovative analyzer is designed to address time and resource constraints commonly faced by mid- and small-sized laboratories. With the ability to deliver results in a minute or less, it offers exceptional speed and efficiency. Additionally, it requires only 17 μL specimens, making it suitable for use with challenging patient populations such as the elderly, oncology patients, and infants, where obtaining larger blood samples may be challenging.
Biotechnology Instruments Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Biotechnology Instruments Market- Competitive Landscape:
In order to gain a significant market share in the Biotechnology Instruments market, companies are adopting various strategies. Companies are also forming strategic partnerships and collaborations to leverage expertise and resources. Additionally, they are actively engaging with governments and participating in policy discussions to shape the regulatory environment and secure supportive frameworks for Biotechnology Instruments. Market expansion is pursued through the establishment of supply chains, infrastructure development, and investment in production facilities.
Recent Developments:
- In July 2021, Lumenis introduced the MOSES 2.0 Next-Generation Holmium Laser Technology. This advanced technology aims to enhance the effectiveness of urinary stone and enlarged prostate procedures by optimizing the transmission of laser energy
- In March 2022, Thermo Fisher Scientific introduced CE-IVD marked next-generation sequencing instrument, which allows users to perform clinical research, testing and diagnosis on a single instrument.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL BIOTECHNOLOGY INSTRUMENTS MARKET KEY PLAYERS
- Abbott
- Agilent Technologies
- Alcon, Inc.
- AngioDynamics
- Becton, Dickinson, and Company
- BioMerieux SA
- Bio-Rad Laboratories
- BioTek Instruments, Inc.
- Candela Medical
- Cynosure, LLC
- Danaher Corporation
GLOBAL BIOTECHNOLOGY INSTRUMENTS MARKET, BY PRODUCT TYPE
- Lab Automation Instruments
- Life Science Consumables
- IVD Instruments
GLOBAL BIOTECHNOLOGY INSTRUMENTS MARKET, BY END USER
- Government and Academic Institutes
- Pharmaceutical and Biotechnology Companies
- Hospitals and Healthcare Facilities
GLOBAL BIOTECHNOLOGY INSTRUMENTS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Biotechnology Instruments Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Biotechnology Instruments Market Snippet by Product Type
2.1.2. Biotechnology Instruments Market Snippet by End User
2.1.3. Biotechnology Instruments Market Snippet by Country
2.1.4. Biotechnology Instruments Market Snippet by Region
2.2. Competitive Insights
3. Biotechnology Instruments Key Market Trends
3.1. Biotechnology Instruments Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Biotechnology Instruments Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Biotechnology Instruments Market Opportunities
3.4. Biotechnology Instruments Market Future Trends
4. Biotechnology Instruments Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Biotechnology Instruments Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Biotechnology Instruments Market Landscape
6.1. Biotechnology Instruments Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Biotechnology Instruments Market – By Product Type
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2022 & 2030 (%)
7.1.2. Lab Automation Instruments
7.1.3. Life Science Consumables
7.1.4. IVD Instruments
8. Biotechnology Instruments Market – By End User
8.1. Overview
8.1.1. Segment Share Analysis, By End User, 2022 & 2030 (%)
8.1.2. Government and Academic Institutes
8.1.3. Pharmaceutical and Biotechnology Companies
8.1.4. Hospitals and Healthcare Facilities
9. Biotechnology Instruments Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2022 & 2030 (%)
9.2. North America
9.2.1. Overview
9.2.2. Biotechnology Instruments Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.2.4. North America Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.5. North America Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Biotechnology Instruments Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.5. Europe Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.9.4. France Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Biotechnology Instruments Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.6.4. India Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.7.4. China Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Biotechnology Instruments Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Biotechnology Instruments Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
10. Key Vendor Analysis- Biotechnology Instruments Industry
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Abbott
10.2.2. Agilent Technologies
10.2.3. Alcon, Inc.
10.2.4. AngioDynamics
10.2.5. Becton, Dickinson, and Company
10.2.6. BioMerieux SA
10.2.7. Bio-Rad Laboratories
10.2.8. BioTek Instruments, Inc.
10.2.9. Candela Medical
10.2.10. Cynosure, LLC
10.2.11. Danaher Corporation
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
