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South America Laboratory equipment and disposable Market Outlook, 2030

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    Report

  • 77 Pages
  • June 2025
  • Bonafide Research
  • ID: 6103054
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The South America laboratory equipment and disposables market is evolving steadily, spurred by expanding healthcare systems, increased focus on disease diagnostics, rising investments in research and education, and the growing presence of biotechnology and pharmaceutical industries. While not yet as mature as the markets in North America or Europe, South America led by countries like Brazil, Argentina, Colombia, and Chile is showing significant progress in laboratory infrastructure development.

The market encompasses a broad range of products: from advanced laboratory instruments such as centrifuges, analyzers, and incubators, to essential disposables like pipette tips, test tubes, gloves, and petri dishes that are vital for day-to-day laboratory operations. The demand for these tools is being propelled by growing awareness around health diagnostics, the expansion of clinical laboratories, and the gradual shift toward more regulated and standardized research practices across the region. One of the primary drivers of market growth in South America is the rising investment in public healthcare and diagnostic capacity.

Governments across the continent are working to strengthen their health systems to meet the needs of increasingly urbanized populations and to respond more effectively to public health threats. The COVID-19 pandemic was a pivotal moment for laboratory development in the region, revealing gaps in testing capacity and accelerating investments in diagnostic labs and equipment.

Brazil, in particular, saw significant expansion in both public and private laboratory networks, with increased imports of molecular testing instruments, PCR machines, and accompanying disposables. These changes have set the stage for longer-term improvements in lab infrastructure and have left a lasting impact on procurement patterns, quality expectations, and operational protocols within labs.

According to the research report “South America Laboratory Equipment and Disposables Market Outlook, 2030” the South America Laboratory Equipment and Disposables market is projected to reach USD 4.32 Billion by 2030. Moreover, the regional growth in scientific research and higher education is another key factor supporting the laboratory equipment and disposables market. Many universities and research institutions in countries like Argentina and Chile are investing in life sciences, environmental sciences, and biomedical research leading to increased demand for laboratory instruments and consumables.

International collaborations, often supported by European and North American research programs, have enabled South American institutions to gain access to modern technologies and adopt global best practices. As academic research funding improves and biotechnology startups emerge across urban hubs like São Paulo and Buenos Aires, the need for reliable, scalable, and affordable laboratory tools becomes more apparent. This is further supported by a growing culture of innovation in Latin America, where entrepreneurship in biotech and healthcare is being fostered through incubators, accelerators, and policy support.

Technology adoption, while still nascent in parts of the region, is gaining ground particularly in countries with stronger digital infrastructure. Automation tools, laboratory information management systems (LIMS), and digital diagnostics are being introduced to improve laboratory efficiency, data integrity, and result turnaround times. In private sector labs and major urban hospitals, there's an increasing shift toward semi-automated or fully automated analyzers that can handle high sample volumes with minimal human intervention. This technological transition is further contributing to demand for compatible disposables such as cartridge-based consumables, specialized microplates, and pre-packaged reagent kits.

Market Drivers

  • Increasing Healthcare Expenditure and Infrastructure Development: The South American laboratory equipment and disposables market is significantly driven by increasing healthcare expenditure and infrastructure development. Governments and private entities across the region are investing heavily in healthcare infrastructure to improve services and outcomes. This has resulted in a heightened demand for advanced laboratory equipment and disposables as hospitals, clinics, and research institutions aim to bolster their diagnostic and research capacities. These investments are crucial for enhancing healthcare delivery and advancing medical research, thereby driving the market forward.
  • Growing Emphasis on Research and Development: There is a growing emphasis on research and development activities in South America, particularly in sectors such as pharmaceuticals, biotechnology, and agriculture. This focus has spurred the demand for state-of-the-art laboratory equipment and disposables, which are essential for supporting scientific research, innovation, and development projects. As South American countries strive to enhance their scientific and technological capabilities, the demand for sophisticated laboratory tools has surged, fostering growth in the market.

Market Challenges

  • Economic Instability and Currency Fluctuations: Economic instability and currency fluctuations present significant challenges for the laboratory equipment and disposables market in South America. These economic uncertainties can impact the purchasing power of institutions and organizations, leading to budget constraints and reduced investments in advanced laboratory technologies. The volatile economic environment can deter potential buyers and limit market growth, making it challenging for suppliers and manufacturers to navigate the market effectively.
  • Regulatory Complexity and Import Dependence: The regulatory landscape in South America is often complex and varies considerably between countries, creating significant challenges for manufacturers and suppliers of laboratory equipment and disposables. Navigating these diverse regulatory frameworks can be time-consuming and resource-intensive. Additionally, the region's reliance on imported laboratory equipment and materials can result in supply chain disruptions, increased costs, and logistical challenges, further complicating market dynamics.

Market Trends

  • Adoption of Technologically Advanced and Automated Solutions: A notable trend in the South American laboratory equipment and disposables market is the increasing adoption of technologically advanced and automated solutions. Laboratories are progressively investing in cutting-edge equipment that offers enhanced efficiency, accuracy, and productivity. This shift towards automation and advanced technologies is driven by the need to improve research capabilities and diagnostic services, ultimately leading to better scientific and medical outcomes.
  • Focus on Sustainability and Eco-friendly Practices: The market in South America is experiencing a growing trend towards sustainability and eco-friendly practices. There is an increasing emphasis on utilizing environmentally friendly products, such as biodegradable disposables and energy-efficient equipment. This trend reflects a broader global movement towards sustainability and environmental responsibility, with laboratories in South America striving to reduce their ecological footprint and promote sustainable practices in their operations.
The growing modernization of diagnostic and research laboratories across South America is driving substantial investment in durable and automated laboratory equipment to enhance operational capacity and efficiency.

In South America, there is a noticeable shift toward upgrading outdated laboratory infrastructure in both public and private sectors. Countries like Brazil, Argentina, and Colombia are increasingly prioritizing modernization in healthcare and scientific research, which requires high-end equipment capable of supporting advanced diagnostics, automation, and regulatory compliance. As clinical laboratories expand and more research institutions participate in international collaborations, the demand for reliable, precision-based instruments such as centrifuges, analyzers, PCR systems, and biosafety cabinets has surged.

These capital investments are viewed as long-term solutions to boost testing capabilities, improve turnaround times, and reduce manual error, especially in response to rising demands caused by public health crises like COVID-19 and emerging diseases. While disposables are essential for routine operations, it is the procurement of cutting-edge equipment that reflects the region’s push toward high-capacity, quality-assured laboratory systems positioning equipment as the leading segment in this market.

South America's expanding pharmaceutical industry, driven by increasing domestic production and clinical research activity, fuels strong demand for laboratory tools used in drug development and quality control.

The pharmaceutical sector in South America particularly in Brazil and Argentina is experiencing sustained growth due to rising healthcare demand, public-private partnerships, and a focus on local drug manufacturing. This sector relies heavily on laboratory operations for formulation, bioequivalence studies, and regulatory testing, thereby driving constant demand for both sophisticated equipment and high-precision disposables. With regional governments working to reduce dependence on imported medications, domestic pharmaceutical production is gaining momentum, necessitating investment in lab infrastructure to meet international quality standards.

Furthermore, participation in global clinical trials and the development of generics and biosimilars also require state-of-the-art analytical and microbiology labs. These facilities depend on a range of instruments, including spectrophotometers, chromatographs, and incubators, alongside certified consumables such as pipette tips, vials, and filtration units. The strict quality assurance needs and regulatory oversight associated with pharmaceutical manufacturing make this sector the largest and most consistent consumer of laboratory products in the region.

Brazil leads the regional market due to its large healthcare infrastructure, dominant pharmaceutical industry, and consistent government investment in laboratory modernization and scientific research.

Brazil holds the largest share of the South American laboratory equipment and disposables market, backed by its vast network of hospitals, diagnostic labs, universities, and pharmaceutical manufacturers. The country’s public health system, SUS (Sistema Único de Saúde), serves a large population and has been central to expanding diagnostic capabilities across both urban and rural areas. Brazil’s pharmaceutical sector is also one of the largest in the region, with growing investments in domestic R&D, quality control labs, and biologics manufacturing.

Government initiatives aimed at strengthening local research institutions and reducing reliance on imported medical products have led to a surge in the procurement of modern lab equipment and sterile consumables. Additionally, Brazil’s involvement in global clinical trials and partnerships with international biotech firms further supports the demand for high-quality, regulatory-compliant laboratory tools. Combined with a relatively mature regulatory environment and a growing private healthcare sector, Brazil stands as the undisputed leader in the South American laboratory market.

Considered in this report

  • Historic Year: 2019
  • Base year: 2024
  • Estimated year: 2025
  • Forecast year: 2030

Aspects covered in this report

  • Laboratory Equipment and Disposable Market with its value and forecast along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

By Product Type

  • Equipment
  • Disposables

By End-User

  • Pharmaceuticals
  • Hospitals
  • Academic/Research
  • Biotech
  • Industrial

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases.

After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to this industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. Supply chain Analysis
2.5. Policy & Regulatory Framework
2.6. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. South America Laboratory Equipment and Disposables Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Product Type
6.4. Market Size and Forecast, By End-User
6.5. Brazil Laboratory Equipment and Disposables Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Size and Forecast By Product Type
6.5.3. Market Size and Forecast By End-User
6.6. Argentina Laboratory Equipment and Disposables Market Outlook
6.6.1. Market Size by Value
6.6.2. Market Size and Forecast By Product Type
6.6.3. Market Size and Forecast By End-User
6.7. Colombia Laboratory Equipment and Disposables Market Outlook
6.7.1. Market Size by Value
6.7.2. Market Size and Forecast By Product Type
6.7.3. Market Size and Forecast By End-User
7. Competitive Landscape
7.1. Competitive Dashboard
7.2. Business Strategies Adopted by Key Players
7.3. Key Players Market Positioning Matrix
7.4. Porter's Five Forces
7.5. Company Profile
7.5.1. Thermo Fisher Scientific Inc.
7.5.1.1. Company Snapshot
7.5.1.2. Company Overview
7.5.1.3. Financial Highlights
7.5.1.4. Geographic Insights
7.5.1.5. Business Segment & Performance
7.5.1.6. Product Portfolio
7.5.1.7. Key Executives
7.5.1.8. Strategic Moves & Developments
7.5.2. Danaher Corporation
7.5.3. Eppendorf AG
7.5.4. Becton, Dickinson and Company
7.5.5. Bio-Rad Laboratories, Inc.
7.5.6. Bruker Corporation
7.5.7. Nikon Corporation
7.5.8. Shimadzu Corporation
8. Strategic Recommendations
9. Annexure
9.1. FAQ`s
9.2. Notes
9.3. Related Reports
10. Disclaimer
List of Figures
Figure 1: Global Laboratory Equipment and Disposables Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: South America Laboratory Equipment and Disposables Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 5: South America Laboratory Equipment and Disposables Market Share By Country (2024)
Figure 6: Brazil Laboratory Equipment and Disposables Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 7: Argentina Laboratory Equipment and Disposables Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 8: Colombia Laboratory Equipment and Disposables Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 9: Porter's Five Forces of Global Laboratory Equipment and Disposables Market
List pf Tables
Table 1: Global Laboratory Equipment and Disposables Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Influencing Factors for Laboratory Equipment and Disposables Market, 2024
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: South America Laboratory Equipment and Disposables Market Size and Forecast, By Product Type (2019 to 2030F) (In USD Million)
Table 7: South America Laboratory Equipment and Disposables Market Size and Forecast, By End-User (2019 to 2030F) (In USD Million)
Table 8: Brazil Laboratory Equipment and Disposables Market Size and Forecast By Product Type (2019 to 2030F) (In USD Million)
Table 9: Brazil Laboratory Equipment and Disposables Market Size and Forecast By End-User (2019 to 2030F) (In USD Million)
Table 10: Argentina Laboratory Equipment and Disposables Market Size and Forecast By Product Type (2019 to 2030F) (In USD Million)
Table 11: Argentina Laboratory Equipment and Disposables Market Size and Forecast By End-User (2019 to 2030F) (In USD Million)
Table 12: Colombia Laboratory Equipment and Disposables Market Size and Forecast By Product Type (2019 to 2030F) (In USD Million)
Table 13: Colombia Laboratory Equipment and Disposables Market Size and Forecast By End-User (2019 to 2030F) (In USD Million)
Table 14: Competitive Dashboard of top 5 players, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Thermo Fisher Scientific Inc.
  • Danaher Corporation
  • Eppendorf AG
  • Becton, Dickinson and Company
  • Bio-Rad Laboratories, Inc.
  • Bruker Corporation
  • Nikon Corporation
  • Shimadzu Corporation