Global Lab Consumables Market 2017-2021

  • ID: 4199113
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Bellco Glass
  • CRYSTALGEN
  • Elkay Laboratory Products
  • Medline Scientific
  • Reagecon
  • Spectrum Chemical
  • MORE
Lab consumables can be defined as components used during the manufacturing process in laboratories in various industries. It includes reagents, pipettes, and storage boxes. Laboratory services are an important component of essential healthcare system in resource-limited countries. They play a critical role in disease control and surveillance. Laboratory services support effective healthcare by providing reliable, valid, and timely results. Proper functioning, good quality equipment, and uninterrupted supply of reagents and other lab consumables are essential for this. Lab consumables are used in research processes to measure, analyze, and verify unproven quantities, properties, and phenomena of an element or material.

The analysts forecast the global lab consumables market to grow at a CAGR of 5.13% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global lab consumables market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Lab Consumables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Camlab
- Spectrum Chemical
- Reagecon
- Eppendorf

Other prominent vendors
- Bellco Glass
- CRYSTALGEN
- Kimble Chase Life Science and Research Products
- Thermo Fisher Scientific
- SKS Science Products
- Edulab
- Elkay Laboratory Products
- Starlab Group
- Pathtech
- VITLAB
- BRAND Scientific Equipment
- Medline Scientific
- Citotest Labware Manufacturing
- WHEATON

Market drivers
- Surge in investments in the field of life sciences.
- For a full, detailed list, view the full report

Market challenges
- High import tariffs in developing countries.
- For a full, detailed list, view the full report

Market trends
- Growing investments in the biomedical sector.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bellco Glass
  • CRYSTALGEN
  • Elkay Laboratory Products
  • Medline Scientific
  • Reagecon
  • Spectrum Chemical
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market overview
  • Lab consumables market in pharmaceutical industry
  • Lab consumables market in research organizations and institutes
  • Lab consumables market in others
PART 07: Geographical segmentation
  • Market overview
  • Lab consumables market in Americas
  • Lab consumables market in EMEA
  • Lab consumables market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends

PART 11: Vendor landscape
  • Competitive scenario
  • Investment opportunity
PART 12: Key Vendor Analysis
  • Camlab
  • Spectrum Chemical
  • Reagecon
  • Eppendorf
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Number of pharmaceutical contract laboratories in US 2007-2014
Exhibit 02: Types of lab consumables
Exhibit 03: Snapshot: Global lab consumables market 2016-2021
Exhibit 04: Growth perspective in developed and developing market
Exhibit 05: Global lab consumables market 2016-2021 ($ millions)
Exhibit 06: Recommendations for vendors in global lab consumables market
Exhibit 07: Five forces analysis
Exhibit 08: Lab consumables market by end-users 2016-2021 (% share)
Exhibit 09: Snapshot: Global lab consumables market by end-users
Exhibit 10: Lab consumables market in pharmaceutical industry 2016-2021 ($ millions)
Exhibit 11: Lab consumables market in research organizations and institutes 2016-2021($ millions)
Exhibit 12: Lab consumables market in others 2016-2021 ($ millions)
Exhibit 13: Opportunity lab consumables market
Exhibit 14: Lab consumables market by geography 2016-2021 (% share)
Exhibit 15: Snapshot: Lab consumables market by geography 2016-2021
Exhibit 16: Lab consumables market in Americas 2016-2021 ($ millions)
Exhibit 17: Lab consumables market in EMEA 2016-2021 ($ millions)
Exhibit 18: Lab consumables market in APAC 2016-2021 ($ millions)
Exhibit 19: Global R&D expenditure 1996-2014
Exhibit 20: Investment in top three research areas as a percentage of total R&D expenditure
Exhibit 21: Impact of drivers
Exhibit 22: Impact of challenges
Exhibit 23: Investments in biomedical sector
Exhibit 24: Region-wise growth in R&D spending in biomedical sector 2010-2015
Exhibit 25: Competitive parameters in global lab consumables market
Exhibit 26: Strategic success factor of companies
Exhibit 27: Investment opportunity mapping
Exhibit 28: Camlab profile
Exhibit 29: Camlab: Strength analysis

Exhibit 30: Camlab: Strategy assessment
Exhibit 31: Camlab: Opportunity assessment
Exhibit 32: Spectrum Chemical profile
Exhibit 33: Spectrum Chemical: Strength analysis

Exhibit 34: Spectrum Chemical: Strategy assessment
Exhibit 35: Spectrum Chemical: Opportunity assessment
Exhibit 36: Reagecon profile
Exhibit 37: Reagecon: Strength analysis

Exhibit 38: Reagecon: Strategy assessment
Exhibit 39: Reagecon: Opportunity assessment
Exhibit 40: Eppendorf profile
Exhibit 41: Eppendorf: Strength analysis

Exhibit 42: Eppendorf: Strategy assessment
Exhibit 43: Eppendorf: Opportunity assessment
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FEATURED COMPANIES

  • Bellco Glass
  • CRYSTALGEN
  • Elkay Laboratory Products
  • Medline Scientific
  • Reagecon
  • Spectrum Chemical
  • MORE
New Report Released: - Global Lab Consumables Market 2017-2021

The author of the report recognizes the following companies as the key players in the global lab consumables market: Camlab, Spectrum Chemical, Reagecon, and Eppendorf.

Other Prominent Vendors in the market are: Bellco Glass, CRYSTALGEN, Kimble Chase Life Science and Research Products, Thermo Fisher Scientific, SKS Science Products, Edulab, Elkay Laboratory Products, Starlab Group, Pathtech, VITLAB, BRAND Scientific Equipment, Medline Scientific, Citotest Labware Manufacturing, and WHEATON.

Commenting on the report, an analyst from the research team said: “One trend in market is outsourcing of drug discovery process. With increased emphasis on R&D investments and drug discovery, several small companies have resorted to outsourcing their drug discovery process to subcontract laboratories, while limiting themselves to manufacturing and marketing activities. The number of subcontract laboratories has been rising rapidly since 2011, and this trend will continue over the forecast period. In the past, cost constraints had prevented several companies from investing in a research facility due to high capital requirements, leading to a drop in the R&D investment by those company.

The introduction of subcontract laboratories has enabled these companies to carry out research and testing to drive innovation. The presence of these laboratories allows the companies to outsource their drug discovery processes for a mere fraction of the actual infrastructure cost. This outsourcing of research and testing has gained massive popularity over the past four years and will continue over the forecast period. The trend has been adopted by nations like the US, the UK, Japan, and Germany, where the drug discovery process has been outsourced to subcontract research organizations in emerging countries, like India and Brazil.”

According to the report, one driver in market is surge in investments in the field of life sciences. The growth in the life sciences sector over the forecast period will act as a major driver for the lab consumables market. The growth is primarily fuelled by factors such as the rise in the older adult population, increase in chronic diseases, population growth, and lengthening life expectancy. This sector as a whole generated over $1.8 trillion in revenue in 2014, higher than the 2013 figures by 6.96%.

The technology used in this sector also has to keep up with the changing needs of the researchers. Though the technology scenario in terms of laboratory analysis equipment has seen major changes over the last decade, the usage of lab consumables still continues to be a critical part of this sector. Since the life sciences sector is one of the largest users of reagents and consumables, the growth of this sector will drive the demand for these products over the next five years.

The life sciences sector makes use of lab consumables on a day-to-day basis as it is required to transfer samples and store the same. There is a high involvement of reagents to process the research findings. These devices often have a life of one process and cannot be reused. This translates to the need for new reagents and markers for every process, regardless of the technology or method employed. Most of the end-users that conduct a high number of testing tend to rent equipment due to the high costs; however, they purchase the reagents that are required to run the tests, providing vendors an opportunity to generate revenue with the high quantity sales of reagents.

Further, the report states that one challenge in market is lack of promotional activities. The nature of the product, coupled with the niche end-user market, makes it difficult for vendors to market these products. Unlike other lab equipment, the brand and product visibility of lab consumables have a limited role in the sale of these products. Emphasis is given on improving the distribution network and increasing the availability of the products to the end-users. Advertising and marketing of these products were earlier restricted to search engines and other online media due to the low return on investment and limited visibility of other media. This category of products leverages the functionality, accuracy, and the vendors' after sales services to push products, whereas marketing communication takes a back seat.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Camlab
  • Spectrum Chemical
  • Reagecon
  • Eppendorf
  • Bellco Glass
  • CRYSTALGEN
  • Kimble Chase Life Science and Research Products
  • Thermo Fisher Scientific
  • SKS Science Products
  • Edulab
  • Elkay Laboratory Products
  • Starlab Group
  • Pathtech
  • VITLAB
  • BRAND Scientific Equipment
  • Medline Scientific
  • Citotest Labware Manufacturing
  • WHEATON
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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