The biotechnology equipment market size has grown rapidly in recent years. It will grow from $64.3 billion in 2024 to $74.83 billion in 2025 at a compound annual growth rate (CAGR) of 16.4%. The growth during the historic period can be credited to the expansion of biopharmaceutical manufacturing, the rise in cell and gene therapies, the increasing use of automated laboratory systems, the growing demand for point-of-care diagnostics, and the integration of AI into biotechnology research.
The biotechnology equipment market size is expected to see rapid growth in the next few years. It will grow to $135.91 billion in 2029 at a compound annual growth rate (CAGR) of 16.1%. The anticipated growth in the forecast period can be attributed to increased government funding in life sciences, a rise in pharmaceutical R&D activities, expansion of academic research institutions, growing demand for personalized medicine, and the increasing need for high-throughput screening. Key trends expected during this period include the miniaturization of biotechnology equipment, a shift towards single-use technologies, the adoption of lab-on-a-chip systems, the use of 3D printing in laboratory equipment, and the expansion of cloud-based laboratory data management systems.
The rising demand for personalized medicine is projected to drive the growth of the biotechnology equipment market in the coming years. Personalized medicine refers to customizing medical treatment based on individual characteristics such as genetic profile, lifestyle, and environmental factors to improve treatment effectiveness and minimize adverse effects. This growing demand is largely fueled by advancements in genetic and molecular profiling technologies, which allow for more precise and individualized therapies. Biotechnology equipment plays a crucial role in supporting personalized medicine by offering accurate tools to analyze genetic and molecular data, thereby facilitating tailored treatments that enhance patient outcomes and reduce side effects. For example, in February 2024, the Personalized Medicine Coalition, a U.S.-based non-profit organization, reported that the FDA approved 16 new personalized therapies for rare diseases in 2023 - a notable rise from six approvals in 2022. Among these, seven were cancer treatments, while three targeted other diseases and conditions. Hence, the growing demand for personalized medicine is contributing significantly to the expansion of the biotechnology equipment market.
Leading companies in the biotechnology equipment market are concentrating on developing innovative technologies such as qPCR systems to improve the accuracy, speed, and efficiency of genetic analysis. qPCR (quantitative polymerase chain reaction) systems are specialized laboratory instruments that amplify and simultaneously quantify specific DNA or RNA sequences in real time. These systems support biotechnology applications by enabling accurate gene expression analysis, mutation detection, and disease diagnostics, thereby advancing research, clinical testing, and targeted therapy development. For example, in September 2024, Takara Bio USA, Inc., a U.S.-based manufacturing firm, introduced the SmartChip ND Real-Time PCR System - a high-throughput, automated qPCR platform designed to enhance antimicrobial resistance surveillance through flexible, nanoliter-scale reactions and minimal hands-on time. This next-generation system supports up to 5,184 nanoliter-scale reactions per chip and requires less than 30 minutes of manual setup. It eliminates the need for preamplification, which reduces reagent costs and experimental variability. With its compact build and adaptable configuration, the SmartChip ND system is ideal for environmental surveillance labs seeking cost-effective monitoring of large panels of AMR-related genes.
In January 2024, Calibre Scientific, a U.S.-based company known for producing and supplying high-quality laboratory instruments, acquired Lab Tech S.r.l for an undisclosed sum. This acquisition is intended to enhance Calibre Scientific’s presence in the life sciences industry by broadening its range of laboratory instruments and consumables. Lab Tech S.r.l, a UK-based manufacturer, specializes in biotechnology equipment, including centrifuges, shakers, incubators, and pipetting systems.
Major players in the biotechnology equipment market are Hoffmann-La Roche Aktiengesellschaft, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Becton Dickinson and Company, Carl Zeiss AG, Alcon Inc., Avantor Inc., Agilent Technologies Inc., Illumina Inc., Sartorius Aktiengesellschaft, PerkinElmer Inc., Mettler-Toledo International Inc., Shimadzu Corporation, Candela Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Büchi Labortechnik AG, Eppendorf SE, BioTek Instruments Inc., bioMérieux S.A., Cynosure LLC, AngioDynamics Inc.
North America was the largest region in the biotechnology equipment market in 2024. The regions covered in biotechnology equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the biotechnology equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Biotechnology equipment comprises specialized tools, instruments, and devices designed to support and execute a range of biological and biochemical processes involved in research, development, and production within the biotechnology sector. This equipment plays a crucial role in activities like genetic engineering, cell culture, molecular analysis, fermentation, and drug development.
The primary categories of biotechnology equipment include lab automation instruments, life science consumables, in vitro diagnostics (IVD) instruments, medical lasers, and other related products. Lab automation instruments are designed to simplify repetitive laboratory tasks, improving efficiency, precision, and enabling high-throughput operations. These tools are employed in various fields such as life sciences, clinical diagnostics, quality control, and food and beverage analysis. A broad spectrum of end-users, including pharmaceutical companies, academic and government research institutions, hospitals, and healthcare facilities, as well as other industries, utilize these instruments.
The biotechnology equipment market research report is one of a series of new reports that provides biotechnology equipment market statistics, including biotechnology equipment industry global market size, regional shares, competitors with the biotechnology equipment market share, detailed biotechnology equipment market segments, market trends and opportunities, and any further data you may need to thrive in the biotechnology equipment industry. This biotechnology equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The biotechnology equipment market includes sales of centrifuges, bioreactors, PCR machines, spectrophotometers, microscopes, chromatography systems, electrophoresis equipment, automated liquid handling systems, incubators, shakers, freeze dryers, microarray systems, and flow cytometers.Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The biotechnology equipment market size is expected to see rapid growth in the next few years. It will grow to $135.91 billion in 2029 at a compound annual growth rate (CAGR) of 16.1%. The anticipated growth in the forecast period can be attributed to increased government funding in life sciences, a rise in pharmaceutical R&D activities, expansion of academic research institutions, growing demand for personalized medicine, and the increasing need for high-throughput screening. Key trends expected during this period include the miniaturization of biotechnology equipment, a shift towards single-use technologies, the adoption of lab-on-a-chip systems, the use of 3D printing in laboratory equipment, and the expansion of cloud-based laboratory data management systems.
The rising demand for personalized medicine is projected to drive the growth of the biotechnology equipment market in the coming years. Personalized medicine refers to customizing medical treatment based on individual characteristics such as genetic profile, lifestyle, and environmental factors to improve treatment effectiveness and minimize adverse effects. This growing demand is largely fueled by advancements in genetic and molecular profiling technologies, which allow for more precise and individualized therapies. Biotechnology equipment plays a crucial role in supporting personalized medicine by offering accurate tools to analyze genetic and molecular data, thereby facilitating tailored treatments that enhance patient outcomes and reduce side effects. For example, in February 2024, the Personalized Medicine Coalition, a U.S.-based non-profit organization, reported that the FDA approved 16 new personalized therapies for rare diseases in 2023 - a notable rise from six approvals in 2022. Among these, seven were cancer treatments, while three targeted other diseases and conditions. Hence, the growing demand for personalized medicine is contributing significantly to the expansion of the biotechnology equipment market.
Leading companies in the biotechnology equipment market are concentrating on developing innovative technologies such as qPCR systems to improve the accuracy, speed, and efficiency of genetic analysis. qPCR (quantitative polymerase chain reaction) systems are specialized laboratory instruments that amplify and simultaneously quantify specific DNA or RNA sequences in real time. These systems support biotechnology applications by enabling accurate gene expression analysis, mutation detection, and disease diagnostics, thereby advancing research, clinical testing, and targeted therapy development. For example, in September 2024, Takara Bio USA, Inc., a U.S.-based manufacturing firm, introduced the SmartChip ND Real-Time PCR System - a high-throughput, automated qPCR platform designed to enhance antimicrobial resistance surveillance through flexible, nanoliter-scale reactions and minimal hands-on time. This next-generation system supports up to 5,184 nanoliter-scale reactions per chip and requires less than 30 minutes of manual setup. It eliminates the need for preamplification, which reduces reagent costs and experimental variability. With its compact build and adaptable configuration, the SmartChip ND system is ideal for environmental surveillance labs seeking cost-effective monitoring of large panels of AMR-related genes.
In January 2024, Calibre Scientific, a U.S.-based company known for producing and supplying high-quality laboratory instruments, acquired Lab Tech S.r.l for an undisclosed sum. This acquisition is intended to enhance Calibre Scientific’s presence in the life sciences industry by broadening its range of laboratory instruments and consumables. Lab Tech S.r.l, a UK-based manufacturer, specializes in biotechnology equipment, including centrifuges, shakers, incubators, and pipetting systems.
Major players in the biotechnology equipment market are Hoffmann-La Roche Aktiengesellschaft, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Becton Dickinson and Company, Carl Zeiss AG, Alcon Inc., Avantor Inc., Agilent Technologies Inc., Illumina Inc., Sartorius Aktiengesellschaft, PerkinElmer Inc., Mettler-Toledo International Inc., Shimadzu Corporation, Candela Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Büchi Labortechnik AG, Eppendorf SE, BioTek Instruments Inc., bioMérieux S.A., Cynosure LLC, AngioDynamics Inc.
North America was the largest region in the biotechnology equipment market in 2024. The regions covered in biotechnology equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the biotechnology equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Biotechnology equipment comprises specialized tools, instruments, and devices designed to support and execute a range of biological and biochemical processes involved in research, development, and production within the biotechnology sector. This equipment plays a crucial role in activities like genetic engineering, cell culture, molecular analysis, fermentation, and drug development.
The primary categories of biotechnology equipment include lab automation instruments, life science consumables, in vitro diagnostics (IVD) instruments, medical lasers, and other related products. Lab automation instruments are designed to simplify repetitive laboratory tasks, improving efficiency, precision, and enabling high-throughput operations. These tools are employed in various fields such as life sciences, clinical diagnostics, quality control, and food and beverage analysis. A broad spectrum of end-users, including pharmaceutical companies, academic and government research institutions, hospitals, and healthcare facilities, as well as other industries, utilize these instruments.
The biotechnology equipment market research report is one of a series of new reports that provides biotechnology equipment market statistics, including biotechnology equipment industry global market size, regional shares, competitors with the biotechnology equipment market share, detailed biotechnology equipment market segments, market trends and opportunities, and any further data you may need to thrive in the biotechnology equipment industry. This biotechnology equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The biotechnology equipment market includes sales of centrifuges, bioreactors, PCR machines, spectrophotometers, microscopes, chromatography systems, electrophoresis equipment, automated liquid handling systems, incubators, shakers, freeze dryers, microarray systems, and flow cytometers.Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Biotechnology Equipment Market Characteristics3. Biotechnology Equipment Market Trends And Strategies4. Biotechnology Equipment Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market32. Global Biotechnology Equipment Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Biotechnology Equipment Market34. Recent Developments In The Biotechnology Equipment Market
5. Global Biotechnology Equipment Growth Analysis And Strategic Analysis Framework
6. Biotechnology Equipment Market Segmentation
7. Biotechnology Equipment Market Regional And Country Analysis
8. Asia-Pacific Biotechnology Equipment Market
9. China Biotechnology Equipment Market
10. India Biotechnology Equipment Market
11. Japan Biotechnology Equipment Market
12. Australia Biotechnology Equipment Market
13. Indonesia Biotechnology Equipment Market
14. South Korea Biotechnology Equipment Market
15. Western Europe Biotechnology Equipment Market
16. UK Biotechnology Equipment Market
17. Germany Biotechnology Equipment Market
18. France Biotechnology Equipment Market
19. Italy Biotechnology Equipment Market
20. Spain Biotechnology Equipment Market
21. Eastern Europe Biotechnology Equipment Market
22. Russia Biotechnology Equipment Market
23. North America Biotechnology Equipment Market
24. USA Biotechnology Equipment Market
25. Canada Biotechnology Equipment Market
26. South America Biotechnology Equipment Market
27. Brazil Biotechnology Equipment Market
28. Middle East Biotechnology Equipment Market
29. Africa Biotechnology Equipment Market
30. Biotechnology Equipment Market Competitive Landscape And Company Profiles
31. Biotechnology Equipment Market Other Major And Innovative Companies
35. Biotechnology Equipment Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Biotechnology Equipment Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on biotechnology equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for biotechnology equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The biotechnology equipment market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Lab Automation Instruments; Life Science Consumables; In Vitro Diagnostics (IVD) Instruments; Medical Lasers; Other Products2) By Application: Life Science; Clinical Diagnostics; Quality Management; Food And Beverage Testing
3) By End-User: Pharmaceutical Companies; Government And Academic Institutions; Hospitals And Healthcare Facilities; Other End-Users
Subsegments:
1) By Lab Automation Instruments: Liquid Handling Systems; Automated Microplate Handling Systems; Automated Sample Preparation Systems; Robotic Workstations; Automated Nucleic Acid Extraction Systems2) By Life Science Consumables: Pipette Tips; Microplates And Polymerase Chain Reaction Plates; Cell Culture Products; Filtration Devices And Membranes; Reagents And Enzymes
3) By In Vitro Diagnostics (IVD) Instruments: Immunoassay Analyzers; Molecular Diagnostics Instruments; Hematology Analyzers; Clinical Chemistry Analyzers; Coagulation Analyzers
4) By Medical Lasers: Surgical Lasers; Dermatology Lasers; Ophthalmic Lasers; Dental Lasers; Cosmetic Lasers
5) By Other Products: Bioreactors And Fermenters; Chromatography Systems; Spectroscopy Instruments; Centrifuges; Incubators And Ovens
Key Companies Profiled: Hoffmann-La Roche Aktiengesellschaft; Thermo Fisher Scientific Inc.; Abbott Laboratories; Danaher Corporation; Becton Dickinson and Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Hoffmann-La Roche Aktiengesellschaft
- Thermo Fisher Scientific Inc.
- Abbott Laboratories
- Danaher Corporation
- Becton Dickinson and Company
- Carl Zeiss AG
- Alcon Inc.
- Avantor Inc.
- Agilent Technologies Inc.
- Illumina Inc.
- Sartorius Aktiengesellschaft
- PerkinElmer Inc.
- Mettler-Toledo International Inc.
- Shimadzu Corporation
- Candela Corporation
- Waters Corporation
- Bio-Rad Laboratories Inc.
- Bruker Corporation
- Büchi Labortechnik AG
- Eppendorf SE
- BioTek Instruments Inc.
- bioMérieux S.A.
- Cynosure LLC
- AngioDynamics Inc.