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North America Scientific Instruments Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 120 Pages
  • September 2023
  • Region: North America
  • IMARC Group
  • ID: 5682236
The North America scientific instruments market size reached US$ 13.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 16.3 Billion by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.

Scientific instruments refer to the devices used for verifying, measuring and analyzing different unproven properties and quantities of an element. They can vary on the basis of their purpose, size, shape and complication. Some of the features and functionalities of scientific instruments include data sampling, resolution, storage, parameter adjustments, collection, analysis and retrieval. These instruments are used by research institutions to perform efficient and accurate research procedures. They also help in developing new products and manufacturing processes and innovating and refurbishing existing products. Apart from this, scientific instruments are also utilized for determining electric currents, altitudes in aircraft, atmospheric pressure, quantities of heat, etc.

The North America scientific instruments market is currently being driven by several factors. Such factors include the rising demand for these devices in the healthcare sector, such as incubators, thermal cyclers, microarray scanners and microplate dispensers. Moreover, increasing investments for scientific R&D projects, including life science research, human genome mapping, and proteomics, are also providing a thrust to the market growth. In addition to this, a rise in the number of chronic diseases has prompted researchers to develop more effective treatments. This has led to the introduction of advanced laboratory equipment, thereby influencing the market growth. Apart from this, various technological advancements, such as artificial intelligence and micro-technologies, are being incorporated with scientific instruments to expand their consumer base in the region.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the North America scientific instruments market report, along with forecasts at the regional and country level from 2023-2028. The report has categorized the market based on end-use and type.

Key Regions Analysed

  • United States
  • Canada
  • Analysis for Each Country

Market by End-Use

  • Industrial
  • Government Institutes
  • Academics

Market by Type

  • Scientific Clinical Analyzers
  • Scientific Analytical Instruments

Value Chain Analysis

  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Key Questions Answered in This Report:

  • How has the North America scientific instruments market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America scientific instruments market?
  • What has been the impact of COVID-19 on the North America scientific instruments market?
  • What is the breakup of the North America scientific instruments market on the basis of end-use?
  • What is the breakup of the North America scientific instruments market on the basis of type?
  • What are the various stages in the value chain of the North America scientific instruments industry?
  • What are the key driving factors and challenges in the North America scientific instruments industry?
  • What is the structure of the North America scientific instruments industry and who are the key players?
  • What is the degree of competition in the North America scientific instruments industry?
  • What are the profit margins in the North America scientific instruments industry?
Frequently Asked Questions about the North American Scientific Instruments Market

What is the estimated value of the North American Scientific Instruments Market?

The North American Scientific Instruments Market was estimated to be valued at $13.9 Billion in 2022.

What is the growth rate of the North American Scientific Instruments Market?

The growth rate of the North American Scientific Instruments Market is 2.7%, with an estimated value of $16.3 Billion by 2028.

What is the forecasted size of the North American Scientific Instruments Market?

The North American Scientific Instruments Market is estimated to be worth $16.3 Billion by 2028.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Scientific Instruments Market
5.1 Market Performance
5.2 Market Breakup by End-Use
5.3 Market Breakup by Type
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Scientific Instruments Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Scientific Instruments Market: Breakup by End-Use
7.1 Industrial
7.2 Government Institutes
7.3 Academics
8 North America Scientific Instruments Market: Breakup by Type
8.1 Scientific Clinical Analyzers
8.2 Scientific Analytical Instruments
9 North America Scientific Instruments Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by End-Use
9.1.3 Market Breakup by Type
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by End-Use
9.2.3 Market Breakup by Type
9.2.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Marketing
11.6 Distribution
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players

Methodology

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