The global analytical instrumentation market size was estimated at around USD 43.31 billion in 2021 and it is projected to hit around USD 78.94 billion by 2030, growing at a CAGR of 6.9% from 2022 to 2030.
The global analytical instrumentation market constitutes a number of technologies that are being employed by various industries to derive accurate results for products under analysis. Analytical technologies are used to identify, separate, and quantify the components of products. Instruments such as spectrometers, chromatography columns, and microscopes allow accurate & rapid analysis, and technological advancements such as automation further eliminate the errors due to biases. The increasing research activities and continuously growing investments & funding thereby further drive the demand for fast detection tools to maintain product quality.
The analytical instrumentation market has witnessed a significant rise due to the utilization of various advanced tools & techniques to maintain quality control and follow stringent regulations. The consumer/customer awareness and the need for analytical instrumentation across multiple industries are boosting market growth. Drug regulations, food quality standards, routine health checkups, environment management and many more deploy the use of process instruments and further account for market growth. The COVID-19 pandemic has also boosted market growth, as many researchers and scientists employed analytical instrumentation to understand the effect of SARS-CoV2 virulence on other bodily functions. For instance, in an October 2021 study, researchers from Indonesia did a meta-analysis study and included 31,339 patients across 21 studies. The systemic review concluded that the abnormalities in the thyroid as well as patient’s age increased the risk of COVID-19 and caused poor treatment results. This understanding increased the routine health testing by the population, where in-process instruments are used to deduce the test results.
Scope of The Report
Report Coverage | Details |
Market Size in 2021 | USD 43.31 billion |
Revenue Forecast by 2030 | USD 78.94 billion |
Growth rate from 2022 to 2030 | CAGR of 6.9% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segmentation | Product, Application, End-user, Region |
Companies Covered |
Thermo Fisher Scientific Inc., Waters Corporation, Agilent Technologies Inc., Bruker Corporation, Sartorius AG, Bio-Rad Laboratories Inc., Danaher Corporation, PerkinElmer Inc., and Shimadzu Corporation |
The analytical instrumentation market has various application, few of these are;
The never-ceasing research activities in the field of drug development, disease understanding & control, pathogenicity, and regenerative therapies will increase the use of process instruments for analysis. Awareness of health and monitoring of disease conditions require continuous testing and investigation procedures which further increase the adoption of instruments by hospitals, clinics & diagnostic centers. Moreover, the need for compliance, high-quality standards and drug regulatory guidelines ensures the safety as well as quality control of the product & process. Soil, air, and water pollution control along with the protection of the environment have increased the application of instrumentation techniques. Other applications of analytical instrumentation include agriculture, food, cosmetics, and personal care among many more sectors.
Key players are also ensuring their market relevance through new product launches, acquisitions, partnerships, and other business initiatives. The global presence and increased product offerings bolster the market players’ customer base in the analytical instrumentation market. For example, in February 2022, Sartorius AG successfully acquired Novasep’s chromatography business. This acquisition led to an increase in company’s HPLC portfolio used for small biomolecules like insulin, oligonucleotides, and peptides analysis.
Key Players
Market Segmentation
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Analytical Instrumentation Market
5.1. COVID-19 Landscape: Analytical Instrumentation Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Analytical Instrumentation Market, By Product
8.1. Analytical Instrumentation Market, by Product, 2022-2030
8.1.1 Microscopy
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Chromatography
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Spectroscopy
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Analyzers & Detectors
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Sensors & Probes
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Analytical Instrumentation Market, By Application
9.1. Analytical Instrumentation Market, by Application, 2022-2030
9.1.1. Research & development
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Clinical & diagnostics
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Quality control
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Environmental management
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Analytical Instrumentation Market, By End-user
10.1. Analytical Instrumentation Market, by End-user, 2022-2030
10.1.1. Pharmaceutical & Biotechnological Companies
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Academic & Research Institutes
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Hospitals & Diagnostic Laboratories
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Analytical Instrumentation Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.3. Market Revenue and Forecast, by End-user (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.1.5.3. Market Revenue and Forecast, by End-user (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.3. Market Revenue and Forecast, by End-user (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.5.3. Market Revenue and Forecast, by End-user (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.6.3. Market Revenue and Forecast, by End-user (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.2.7.3. Market Revenue and Forecast, by End-user (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.3. Market Revenue and Forecast, by End-user (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.5.3. Market Revenue and Forecast, by End-user (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.6.3. Market Revenue and Forecast, by End-user (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.3.7.3. Market Revenue and Forecast, by End-user (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.5.3. Market Revenue and Forecast, by End-user (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.6.3. Market Revenue and Forecast, by End-user (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)
11.4.7.3. Market Revenue and Forecast, by End-user (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.3. Market Revenue and Forecast, by End-user (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.4.3. Market Revenue and Forecast, by End-user (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)
11.5.5.3. Market Revenue and Forecast, by End-user (2017-2030)
Chapter 12. Company Profiles
12.1. Thermo Fisher Scientific Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Waters Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Agilent Technologies Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Bruker Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Sartorius AG
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Bio-Rad Laboratories Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Danaher Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. PerkinElmer Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Shimadzu Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms