Laboratory Balances Segment to Dominate MEA Laboratory Balances and Scales Market during 2021-2028
According to a new market research study on “MEA Laboratory Balances and Scales Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and End-user” is expected to reach US$ 59.89 million by 2028 from US$ 44.05 million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The report provides trends prevailing in the MEA laboratory balances and scales market along with the drivers and restraints pertaining to the market growth. Technological progression in laboratory balances and scales is the major factor driving the growth of the MEA laboratory balances and scales market. However, issues associated with the bounded replacement rate among End-users hinder the growth of MEA laboratory balances and scales market.
The market for MEA laboratory balances and scales market is segmented into type, End-user, and country. Based on type, the market is segmented into laboratory balances and laboratory scale. The laboratory balances segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Further laboratory balances has been bifurcated into analytical balances, top-loading/precision balances, micro and ultra-micro balances, moisture balances, portable balances, and other balances. Similarly laboratory scale is bifurcated into bench scales, counting scales, compact scales, and other scales. Based on End-user the market is segmented into pharmaceutical/biotechnology products testing laboratories, cosmeceutical products laboratories, research laboratories, and academic institutes. The pharmaceutical/biotechnology products testing laboratories segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period.
Countries such as UAE, and Saudi Arabia have also registered a significant number of positive patients. These regions are developing in terms of the medical industry. The countries in these regions are highly dependent on medical devices and biopharmaceuticals products. Therefore, countries have faced several challenges for their requirements. Following COVID-19 and government actions, certain laboratory balance and scales applications, such as pharmaceuticals and detergents, are likely to see an increase in demand. The increase in medical research and diagnostics has been a major factor in the increase in laboratory balance and scales demand, as laboratory balance and scales are widely used in medicine and pharmaceutical engineering. Some companies in the area are working with other businesses to consolidate all facilities under one roof for the convenience of the clients. DuBiotech, for example, is actively forming affiliations and partnerships with prestigious universities, specialist hospitals, global regulatory bodies, and other research parks to link the DuBiotech group with the global life sciences industry. DuBiotech includes a group of biotechnology, pharmaceutical, and research firms, including global leaders such as Pfizer, Amgen, Merck Serono, and Glaboratory balance and scales, in keeping with its philosophy of being the major life science centre in the Middle East. Many small and medium-sized enterprises are also involved in the city. Such initiatives will help the gain traction for the laboratory balance and scales market in near future.
A&D Company, Limited. , Adam Equipment Ltd, BONSO Electronics International Inc. GRAM PRECISION, METTLER TOLEDO, OHAUS, Sartorius AG, and Scientech Inc are among the leading companies in the MEA laboratory balances and scales market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Adam Equipment, introduced CBX, a new on-the-go, value-priced balance that's designed to outlast the average weighing device.
The market for MEA laboratory balances and scales market is segmented into type, End-user, and country. Based on type, the market is segmented into laboratory balances and laboratory scale. The laboratory balances segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Further laboratory balances has been bifurcated into analytical balances, top-loading/precision balances, micro and ultra-micro balances, moisture balances, portable balances, and other balances. Similarly laboratory scale is bifurcated into bench scales, counting scales, compact scales, and other scales. Based on End-user the market is segmented into pharmaceutical/biotechnology products testing laboratories, cosmeceutical products laboratories, research laboratories, and academic institutes. The pharmaceutical/biotechnology products testing laboratories segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period.
Countries such as UAE, and Saudi Arabia have also registered a significant number of positive patients. These regions are developing in terms of the medical industry. The countries in these regions are highly dependent on medical devices and biopharmaceuticals products. Therefore, countries have faced several challenges for their requirements. Following COVID-19 and government actions, certain laboratory balance and scales applications, such as pharmaceuticals and detergents, are likely to see an increase in demand. The increase in medical research and diagnostics has been a major factor in the increase in laboratory balance and scales demand, as laboratory balance and scales are widely used in medicine and pharmaceutical engineering. Some companies in the area are working with other businesses to consolidate all facilities under one roof for the convenience of the clients. DuBiotech, for example, is actively forming affiliations and partnerships with prestigious universities, specialist hospitals, global regulatory bodies, and other research parks to link the DuBiotech group with the global life sciences industry. DuBiotech includes a group of biotechnology, pharmaceutical, and research firms, including global leaders such as Pfizer, Amgen, Merck Serono, and Glaboratory balance and scales, in keeping with its philosophy of being the major life science centre in the Middle East. Many small and medium-sized enterprises are also involved in the city. Such initiatives will help the gain traction for the laboratory balance and scales market in near future.
A&D Company, Limited. , Adam Equipment Ltd, BONSO Electronics International Inc. GRAM PRECISION, METTLER TOLEDO, OHAUS, Sartorius AG, and Scientech Inc are among the leading companies in the MEA laboratory balances and scales market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Adam Equipment, introduced CBX, a new on-the-go, value-priced balance that's designed to outlast the average weighing device.
The report segments the MEA Laboratory Balances and Scales market as follows:
MEA Laboratory Balances and Scales Market - By Type
- Laboratory Balances
- Analytical Balances
- Top-Loading/Precision Balances
- Micro and Ultra-Micro Balances
- Moisture Balances
- Portable Balances
- Other Balances
- Laboratory Scale
- Bench Scales
- Counting Scales
- Compact Scales
- Other Scales
MEA Laboratory Balances and Scales Market - By End-user
- Pharmaceutical/Biotechnology Products Testing Laboratories
- Cosmeceutical Products Laboratories
- Research Laboratories
- Academic Institutes
MEA Laboratory Balances and Scales Market - By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Laboratory Balances and Scales market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA Laboratory Balances and Scales market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the Laboratory Balances and Scales market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Laboratory Balances and Scales Market - By Type
1.3.2 MEA Laboratory Balances and Scales Market - By End-User
1.3.3 MEA Laboratory Balances and Scales Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Laboratory Balances and Scales Market - Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Expert Opinion
5. MEA Laboratory Balances and Scales Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Swift Growth of Pharmaceutical and Biotechnology Industry
5.1.2 Amplification in Number of Research Pipelines of Pharma-Biotech Companies and Contract Research Organizations
5.2 Market Restraints
5.2.1 Bounded Replacement Rate Among End Users
5.3 Market Opportunities
5.3.1 Spread of Pharmaceutical Sector in Emerging Markets
5.4 Future Trends
5.4.1 Technological Progression in Laboratory Balances and Scales
5.5 Impact Analysis
6. Laboratory Balances and Scales Market - MEA Analysis
6.1 MEA Laboratory Balances and Scales Market Revenue Forecast and Analysis
7. MEA Laboratory Balances and Scales Market Analysis - By Type
7.1 Overview
7.2 MEA Laboratory Balances and Scales Market Revenue Share, by Type (2021 and 2028)
7.3 Laboratory Balances
7.3.1 Overview
7.3.2 Laboratory Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Analytical Balances
7.3.3.1 Overview
7.3.3.2 MEA Analytical Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.4 Top-Loading/Precision Balances
7.3.4.1 Overview
7.3.4.2 Top-Loading/Precision Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.5 Micro and Ultra-Micro Balances
7.3.5.1 Overview
7.3.5.2 Micro and Ultra-Micro Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.6 Moisture Balances
7.3.6.1 Overview
7.3.6.2 Moisture Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.7 Portable Balances
7.3.7.1 Overview
7.3.7.2 Portable Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.3.8 Other Balances
7.3.8.1 Overview
7.3.8.2 Other Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Laboratory Scale
7.4.1 Overview
7.4.2 Laboratory Scale: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3 Bench Scale
7.4.3.1 Overview
7.4.3.2 Bench Scale: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.4.4 Counting Scales
7.4.4.1 Overview
7.4.4.2 Counting Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.4.5 Compact Scales
7.4.5.1 Overview
7.4.5.2 Compact Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
7.4.6 Other Scales
7.4.6.1 Overview
7.4.6.2 Other Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Laboratory Balances and Scales Market - By End User
8.1 Overview
8.2 MEA Laboratory Balances and Scales Market, by End User, 2021 and 2028 (%)
8.3 Pharmaceutical and Biotechnology Products Testing Laboratories
8.3.1 Overview
8.3.2 Pharmaceutical and Biotechnology Products Testing Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Academic Institutes
8.4.1 Overview
8.4.2 Academic Institutes: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Cosmeceutical Products Laboratories
8.5.1 Overview
8.5.2 Cosmeceutical Products Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Research Laboratories
8.6.1 Overview
8.6.2 Research Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Laboratory Balances and Scales Market Analysis and Forecasts To 2028 - Country Analysis
9.1 Middle East & Africa: Laboratory Balances and Scales Market
9.1.1 Middle East & Africa: Laboratory Balances and Scales Market Share by Country - 2021 & 2028, (%)
9.1.1.1 UAE: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.1.1 UAE: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.1.2 UAE Laboratory Balances and Scales Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.1.1.1.2.1 UAE Laboratory Balances and Scales Market, by Laboratory Balances - Revenue and Forecast to 2028 (USD Million)
9.1.1.1.2.2 UAE Laboratory Balances and Scales Market, by Laboratory Scale - Revenue and Forecast to 2028 (USD Million)
9.1.1.1.3 UAE Laboratory Balances and Scales Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.1.1.2 Saudi Arabia: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.2.1 Saudi Arabia: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.2.2 Saudi Arabia Laboratory Balances and Scales Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.1.1.2.2.1 Saudi Arabia Laboratory Balances and Scales Market, by Laboratory Balances - Revenue and Forecast to 2028 (USD Million)
9.1.1.2.2.2 Saudi Arabia Laboratory Balances and Scales Market, by Laboratory Scale - Revenue and Forecast to 2028 (USD Million)
9.1.1.2.3 Saudi Arabia Laboratory Balances and Scales Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.1.1.3 South Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.3.1 South Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.3.2 South Africa Laboratory Balances and Scales Market, by Type - Revenue and Forecast to 2028 (USD Million)
9.1.1.3.2.1 South Africa Laboratory Balances and Scales Market, by Laboratory Balances - Revenue and Forecast to 2028 (USD Million)
9.1.1.3.2.2 South Africa Laboratory Balances and Scales Market, by Laboratory Scale - Revenue and Forecast to 2028 (USD Million)
9.1.1.3.3 South Africa Laboratory Balances and Scales Market, by End User - Revenue and Forecast to 2028 (USD Million)
9.1.1.4 Rest of Middle East and Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.4.1 Rest of Middle East and Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
9.1.1.4.2 Rest of Middle East and Africa Laboratory Balances and Scales Market, by Type - Revenue and Forecast to 2027(USD Million)
9.1.1.4.2.1 Rest of Middle East and Africa Laboratory Balances and Scales Market, by Laboratory Balances - Revenue and Forecast to 2028 (USD Million)
9.1.1.4.2.2 Rest of Middle East and Africa Laboratory Balances and Scales Market, by Laboratory Scale - Revenue and Forecast to 2028 (USD Million)
9.1.1.4.3 Rest of Middle East and Africa Laboratory Balances and Scales Market, by End User - Revenue and Forecast to 2028 (USD Million)
10. Impact of COVID-19 Pandemic on MEA Laboratory Balances and Scales Market
10.1 Overview
11. MEA Laboratory Balances and Scales Market-Industry Landscape
11.1.1 Organic Developments Done by Companies
12. Company Profiles
12.1 METTLER TOLEDO
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Sartorius AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 OHAUS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Adam Equipment Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 GRAM PRECISION
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Scientech Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 BONSO Electronics International Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 A&D Company, Limited.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms
List of Tables
Table 1. MEA Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. UAE Laboratory Balances and Scales Market, By Type - Revenue and Forecast to 2028
Table 3. UAE Laboratory Balances and Scales Market, By Laboratory Balances - Revenue and Forecast to 2028
Table 4. UAE Laboratory Balances and Scales Market, By Laboratory Scale - Revenue and Forecast to 2028
Table 5. UAE Laboratory Balances and Scales Market, By End User - Revenue and Forecast to 2028
Table 6. Saudi Arabia Laboratory Balances and Scales Market, By Type - Revenue and Forecast to 2028
Table 7. Saudi Arabia Laboratory Balances and Scales Market, By Laboratory Balances - Revenue and Forecast to 2028
Table 8. Saudi Arabia Laboratory Balances and Scales Market, By Laboratory Scale - Revenue and Forecast to 2028
Table 9. Saudi Arabia Laboratory Balances and Scales Market, By End User - Revenue and Forecast to 2028
Table 10. South Africa Laboratory Balances and Scales Market, By Type - Revenue and Forecast to 2028
Table 11. South Africa Laboratory Balances and Scales Market, By Laboratory Balances - Revenue and Forecast to 2028
Table 12. South Africa Laboratory Balances and Scales Market, By Laboratory Scale - Revenue and Forecast to 2028
Table 13. South Africa Laboratory Balances and Scales Market, By End User - Revenue and Forecast to 2028
Table 14. Rest of Middle East and Africa Laboratory Balances and Scales Market, By Type - Revenue and Forecast to 2028
Table 15. Rest of Middle East and Africa Laboratory Balances and Scales Market, By Laboratory Balances - Revenue and Forecast to 2028
Table 16. Rest of Middle East and Africa Laboratory Balances and Scales Market, By Laboratory Scale - Revenue and Forecast to 2028
Table 17. Rest of Middle East and Africa Laboratory Balances and Scales Market, By End User - Revenue and Forecast to 2028
Table 18. Glossary of Terms, MEA Laboratory Balances and Scales MarketList of Figures
Figure 1. MEA Laboratory Balances and Scales Market Segmentation
Figure 2. MEA Laboratory Balances and Scales Market - By Country
Figure 3. MEA Laboratory Balances and Scales Market Overview
Figure 4. Laboratory Balances Segment Held Largest Share of MEA Laboratory Balances and Scales Market
Figure 5. Saudi Arabia to Show Remarkable Growth During Forecast Period
Figure 6. Middle East and Africa (MEA) PEST Analysis
Figure 7. MEA Laboratory Balances and Scales Market Impact Analysis of Driver and Restraints
Figure 8. MEA Laboratory Balances and Scales Market - Revenue Forecast and Analysis
Figure 9. MEA Laboratory Balances and Scales Market Revenue Share, by Type (2021 and 2028)
Figure 10. MEA Laboratory Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Analytical Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA Top-Loading/Precision Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Micro and Ultra-Micro Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Moisture Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Portable Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Other Balances: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Laboratory Scale: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Bench Scale: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Counting Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Compact Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Other Scales: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Laboratory Balances and Scales Market, by End User, 2021 and 2028 (%)
Figure 23. MEA Pharmaceutical and Biotechnology Products Testing Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA Academic Institutes: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA Cosmeceutical Products Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Research Laboratories: Laboratory Balances and Scales Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Middle East & Africa: Laboratory Balances and Scales Market, By Key Country - Revenue (2021) (USD Million)
Figure 28. Middle East & Africa: Laboratory Balances and Scales Market Share by Country - 2021 & 2028, (%)
Figure 29. UAE: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
Figure 30. Saudi Arabia: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
Figure 31. South Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
Figure 32. Rest of Middle East and Africa: Laboratory Balances and Scales Market - Revenue and Forecasts to 2028 (USD Million)
Figure 33. Impact of COVID-19 Pandemic in Middle East & Africa Market
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A&D Company, Limited.
- Adam Equipment Ltd
- BONSO Electronics International Inc.
- Gram Precision
- Mettler Toledo
- OHAUS
- Sartorius AG
- Scientech Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | July 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 44.05 Million |
| Forecasted Market Value ( USD | $ 59.89 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Africa, Middle East |
