Ultra Market Research | Biotechnology Instruments Market
Biotechnology Instruments Market
Report ID : 596
Category : Pharmaceuticals
No Of Pages : 140
Published on: July 2024
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Biotechnology Instruments Market Overview
The global biotechnology instruments market was valued at approximately US$ XX billion in 2023 and is projected to reach around US$ XX billion by 2033, with a compound annual growth rate (CAGR) of XX% from 2024 to 2033. The growth of this market is closely tied to the essential role that sophisticated laboratory tools and machinery play in biotechnological research and development. These instruments, ranging from benchtop devices to integrated systems, are critical for advancing research and enhancing biological understanding. Effective laboratory practices and stringent protocols are essential for maximizing the potential of these tools, ensuring reliable and replicable research outcomes. The biotechnology instruments market benefits from the synergy between advanced laboratory equipment and meticulous research methodologies.
Market Dynamics
The biotechnology instruments market is experiencing rapid growth, driven by the pivotal role of these tools in cellular and bimolecular processing. Specialized equipment is used for the manufacturing and extraction of substances from biological materials, including bioreactors, centrifuges, and incubators. These instruments are fundamental for various processes in biotechnological research, including cell isolation, cultivation, and culture expansion. The rise of biophotonics and other advanced techniques further emphasizes the importance of reliable laboratory equipment in driving innovations in life sciences and improving research outcomes.
Recent Developments
In January 2023, Heraeus Medevio announced a partnership with LipoCoat to apply bio-mimicking coating technology to medical devices.
In March 2024, Nikon Instruments Inc. and Bio-Techne announced a partnership to expand access to innovative spatial biology services.
Regional Analysis
North America remains a dominant force in the biotechnology instruments market. The region's established biotech hubs, such as Boston and San Francisco, continue to lead in innovation and research. New biotech centers are also emerging, further strengthening North America's position. The region's leadership is reflected in its advancements in biotechnology tools and techniques, which play a crucial role in developing new healthcare products and improving diagnostic and therapeutic methods.
The Asia Pacific (APAC) region is expected to be the most lucrative market during the forecast period. Factors driving this growth include increasing biotech investments, a growing population, rising healthcare demands, and supportive government policies. India's biotechnology sector, in particular, shows significant potential, with numerous companies across various segments including biopharma, agri-biotech, and services.
Report Highlights
By Product
Life Science Consumables: This segment is the largest in the biotechnology instruments market, including disposable items like pipettes, syringes, and test tubes. The COVID-19 pandemic underscored the importance of these consumables, as demand surged for testing materials and laboratory supplies. Medical Lasers: This segment is expected to see significant growth. Medical lasers, used for probing biological samples and other applications, are evolving rapidly, offering new opportunities for innovation and development.
By End User
Hospitals and Healthcare Facilities: These settings are the largest users of biotechnology instruments, driving advancements in diagnostic tests, therapies, and vaccines. These tools are integral to improving disease management and healthcare delivery. Academic and Government Institutions: This segment is anticipated to grow rapidly, driven by government support and funding for research and technology acquisition. Such backing helps institutions access advanced instruments and drive scientific discovery.
Market Dynamics
Drivers
Advancements in Biotechnology:
The transition to a bio-based economy relies on advanced biotechnology for sustainable practices and efficient use of resources. Enhanced understanding of biotechnology contributes to significant growth in the market, as industries seek innovative solutions for environmental and economic challenges.
Restraints
High Building and Operational Costs:
The costs associated with constructing and operating laboratories can be substantial. These expenses, including those for ventilation, energy, and maintenance, pose challenges for biotech and medtech companies, impacting the overall growth of the market.
Opportunities
Advancements in Synthetic Biology and Protein Analysis Tools:
Innovations in synthetic biology and protein analysis are driving demand for new biotechnology instruments. Developments in gene editing and structural protein databases offer opportunities for research and market expansion.
Recent Developments
In May 2022, Solvay launched a new growth platform focused on renewable materials and biotechnology.
In March 2022, Everlife acquired Research Instruments Group to enhance its presence in Southeast Asia's life sciences and diagnostics sectors.
In August 2022, Gilead Sciences agreed to acquire MiroBio for approximately $405 million to advance immune therapies.
In April 2023, Henry Schein formed a strategic partnership with Biotech Dental Group.
In December 2023, BioLabs and Promega collaborated to support emerging biotech companies.
Key Players in the Biotechnology Instruments Market Abbott Agilent Technologies Alcon, Inc. AngioDynamics Becton, Dickinson, and Company BioMerieux SA Bio-Rad Laboratories BioTek Instruments, Inc. Candela Medical Cynosure, LLC Danaher Corporation Endress+Hauser F. Hoffmann-La Roche Ltd. IIlumina Inc.
Market Segmentation By Product
Life Science Consumables
Medical Lasers
Ophthalmic
Therapeutics
Ablation
Lab Automation Instruments
Genomics
Proteomics
Spatial Cell Analysis
Sequencing
Others
IVD Instruments
By End User
Pharmaceutical Companies
Government & Academic Institutions
Hospitals & Healthcare Facilities
Others
By Geography North America U.S. Canada Europe Germany France United Kingdom Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Asia Pacific Latin America Brazil Rest of Latin America Middle East & Africa (MEA) GCC North Africa South Africa Rest of the Middle East & Africa
Table of content 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Data Mining 1.2.2. Market Modeling and Forecasting 1.2.3. Data Validation 1.2.4. Industry Analysis
4. By Product Market by Drug Type 4.1. Introduction 4.2. By Product Market Size and Growth Rate by Drug Type (2021-2030) 4.3. Life Science Consumables 4.3.1. Life Science Consumables Market Size and Growth Rate (2019- 2030) 4.4. Ophthalmic 4.4.1. Ophthalmic Market Size and Growth Rate (2019- 2030) 4.5. Therapeutics 4.5.1. Therapeutics Market Size and Growth Rate (2021-2030) 4.6. Ablation 4.6.1. Ablation Market Size and Growth Rate (2021-2030) 4.7. Lab Automation Instruments 4.7.1. Lab Automation Instruments Market Size and Growth Rate (2021-2030)
5. Genomics 5.1. Genomics Market Size and Growth Rate (2021-2030) 5.2. Proteomics 5.3. Proteomics Market Size and Growth Rate (2021-2030 5.3.1. Spatial Cell Analysis 5.4. Spatial Cell Analysis Market Size and Growth Rate (2021-2030) 5.4.1. Sequencing 5.5. Sequencing Market Size and Growth Rate (2021-2030) 5.5.1Others 5.6. Others Market Size and Growth Rate (2021-2030) 5.6.1. Gastroesophageal Reflux Disease (GERD) Market Size and Growth Rate (2019- 2030) 6. By Product Market by End Users 6.1. Introduction 6.2. By Product Market Size and Growth Rate by End Users (2021-2030) 6.3. Pharmaceutical Companies 6.3.1. Pharmaceutical Companies Market Size and Growth Rate (2021-2030) 6.4. Government & Academic Institutions 6.4.1. Government & Academic Institutions Market Size and Growth Rate (2021-2030) 6.5. Hospitals & Healthcare Facilities 6.5.1. Hospitals & Healthcare Facilities Size and Growth Rate (2021-2030)
10. Company Profiles 10.1. Abbott 10.1.1. Business Overview 10.1.2. Service Portfolio 10.1.3. Strategic Developments 10.1.4. Financial Overview
10.2. Agilent Technologies 10.2.1. Business Overview 10.2.2. Service Portfolio 10.2.3. Strategic Developments 10.2.4. Financial Overview
10.3. Alcon, Inc. 10.3.1. Business Overview 10.3.2. Service Portfolio 10.3.3. Strategic Developments 10.3.4. Financial Overview
10.4. AngioDynamics 10.4.1. Business Overview 10.4.2. Service Portfolio 10.4.3. Strategic Developments 10.4.4. Financial Overview
10.5. Becton, Dickinson, and Company 10.5.1. Business Overview 10.5.2. Service Portfolio 10.5.3. Strategic Developments 10.5.4. Financial Overview
10.6. Bio-Rad Laboratories 10.6.1. Business Overview 10.6.2. Service Portfolio 10.6.3. Strategic Developments 10.6.4. Financial Overview
10.7. BioTek Instruments, Inc. 10.7.1. Business Overview 10.7.2. Service Portfolio 10.7.3. Strategic Developments 10.7.4. Financial Overview
10.8. Candela Medical 10.8.1. Business Overview 10.8.2. Service Portfolio 10.8.3. Strategic Developments 10.8.4. Financial Overview
10.9. Cynosure, LLC 10.9.1. Business Overview 10.9.2. Service Portfolio 10.9.3. Strategic Developments 10.9.4. Financial Overview
10.10. Danaher Corporation 10.10.1. Business Overview 10.10.2. Service Portfolio 10.10.3. Strategic Developments 10.10.4. Financial Overview
10.11. Endress+Hauser 10.11.1. Business Overview 10.11.2. Service Portfolio 10.11.3. Strategic Developments 10.11.4. Financial Overview
10.12. F. Hoffmann-La Roche Ltd. 10.12.1. Business Overview 10.12.2. Service Portfolio 10.12.3. Strategic Developments 10.12.4. Financial Overview
10.13. IIlumina Inc. 10.13.1. Business Overview 10.13.2. Service Portfolio 10.13.3. Strategic Developments 10.13.4. Financial Overview
11. List of Tables and Figures Table By Product Market Size and Market Share by Drug Type (2021-2023) Table By Product Market Size and Market Share by Drug Type (2023-2030) Figure Antifibrotic agents (Pirfenidone, Nintedanib) Market Size and Growth Rate (2021-2030) Figure Endoscopic Mucosal Resection (EMR) Market Size and Growth Rate (2021-2030) Figure Endoscopic Full-Thickness Resection (EFTR) Market Size and Growth Rate (2021-2030)
Table By Product Market Size and Market Share by Treatment Type (2021-2023) Table By Product Market Size and Market Share by Treatment Type (2023-2030) Figure Life Science Consumables Market Size and Growth Rate (2021-2030) Figure Medical Lasers Size and Growth Rate (2021-2030) Figure Ophthalmic Market Size and Growth Rate (2021-2030) Figure Therapeutics Market Size and Growth Rate (2021-2030) Figure Ablation Market Size and Growth Rate (2021-2030) Figure Lab Automation Instruments Market Size and Growth Rate (2021-2030) Figure Genomics Market Size and Growth Rate (2021-2030) Figure Proteomics Consumables Market Size and Growth Rate (2021-2030) Figure Spatial Cell Analysis Size and Growth Rate (2021-2030) Figure Sequencing Size and Growth Rate (2021-2030) Figure Other Market Size and Growth Rate (2021-2030)
Table By Product Market Size and Market Share by End Users (2021-2023) Table By Product Market Size and Market Share by End Users (2023-2030) Figure Pharmaceutical Companies Market Size and Growth Rate (2021-2030) Figure Government & Academic Institutions Market Size and Growth Rate (2021-2030) Figure Hospitals & Healthcare Facilities Market Size and Growth Rate (2021-2030)
Table By Product Market by Regions (2021-2023) Table By Product Market by Regions (2023-2030) Figure North America By Product Market Size and Growth Rate (2021-2030) Table North America By Product Market by Type (2021-2023) Table North America By Product Market by Type (2023-2030) Table North America By Product by Application (2021-2023) Table North America By Product by Application (2023-2030) Table North America By Product by Country (2021-2023) Table North America By Product by Country (2023-2030) Figure United States By Product Market Size and Growth Rate (2021-2030) Table United States By Product Market by Type (2021-2023) Table United States By Product Market by Type (2023-2030) Table United States By Product by Application (2021-2023) Table United States By Product by Application (2023-2030) Figure Canada By Product Market Size and Growth Rate (2021-2030) Table Canada By Product Market by Type (2021-2023) Table Canada By Product Market by Type (2023-2030) Table Canada By Product by Application (2021-2023) Table Canada By Product by Application (2023-2030) Figure Europe By Product Market Size and Growth Rate (2021-2030) Table Europe By Product Market by Type (2021-2023) Table Europe By Product Market by Type (2023-2030) Table Europe By Product by Application (2021-2023) Table Europe By Product by Application (2023-2030) Table Europe By Product by Country (2021-2023) Table Europe By Product by Country (2023-2030) Figure Germany By Product Market Size and Growth Rate (2021-2030) Table Germany By Product Market by Type (2021-2023) Table Germany By Product Market by Type (2023-2030) Table Germany By Product by Application (2021-2023) Table Germany By Product by Application (2023-2030) Figure France By Product Market Size and Growth Rate (2021-2030) Table France By Product Market by Type (2021-2023) Table France By Product Market by Type (2023-2030) Table France By Product by Application (2021-2023) Table France By Product by Application (2023-2030) Figure UK By Product Market Size and Growth Rate (2021-2030) Table UK By Product Market by Type (2021-2023) Table UK By Product Market by Type (2023-2030) Table UK By Product by Application (2021-2023) Table UK By Product by Application (2023-2030) Figure Russia By Product Market Size and Growth Rate (2021-2030) Table Russia By Product Market by Type (2021-2023) Table Russia By Product Market by Type (2023-2030) Table Russia By Product by Application (2021-2023) Table Russia By Product by Application (2023-2030) Figure Italy By Product Market Size and Growth Rate (2021-2030) Table Italy By Product Market by Type (2021-2023) Table Italy By Product Market by Type (2023-2030) Table Italy By Product by Application (2021-2023) Table Italy By Product by Application (2023-2030) Figure Rest of Europe By Product Market Size and Growth Rate (2021-2030) Table Rest of Europe By Product Market by Type (2021-2023) Table Rest of Europe By Product Market by Type (2023-2030) Table Rest of Europe By Product by Application (2021-2023) Table Rest of Europe By Product by Application (2023-2030) Figure Asia-Pacific By Product Market Size and Growth Rate (2021-2030) Table Asia-Pacific By Product Market by Type (2021-2023) Table Asia-Pacific By Product Market by Type (2023-2030) Table Asia-Pacific By Product by Application (2021-2023) Table Asia-Pacific By Product by Application (2023-2030) Table Asia-Pacific By Product by Country (2021-2023) Table Asia-Pacific By Product by Country (2023-2030) Figure China By Product Market Size and Growth Rate (2021-2030) Table China By Product Market by Type (2021-2023) Table China By Product Market by Type (2023-2030) Table China By Product by Application (2021-2023) Table China By Product by Application (2023-2030) Figure Japan By Product Market Size and Growth Rate (2021-2030) Table Japan By Product Market by Type (2021-2023) Table Japan By Product Market by Type (2023-2030) Table Japan By Product by Application (2021-2023) Table Japan By Product by Application (2023-2030) Figure Korea By Product Market Size and Growth Rate (2021-2030) Table Korea By Product Market by Type (2021-2023) Table Korea By Product Market by Type (2023-2030) Table Korea By Product by Application (2021-2023) Table Korea By Product by Application (2023-2030) Figure India By Product Market Size and Growth Rate (2021-2030) Table India By Product Market by Type (2021-2023) Table India By Product Market by Type (2023-2030) Table India By Product by Application (2021-2023) Table India By Product by Application (2023-2030) Figure Southeast Asia By Product Market Size and Growth Rate (2021-2030) Table Southeast Asia By Product Market by Type (2021-2023) Table Southeast Asia By Product Market by Type (2023-2030) Table Southeast Asia By Product by Application (2021-2023) Table Southeast Asia By Product by Application (2023-2030) Figure Rest of Asia-Pacific By Product Market Size and Growth Rate (2021-2030) Table Rest of Asia-Pacific By Product Market by Type (2021-2023) Table Rest of Asia-Pacific By Product Market by Type (2023-2030) Table Rest of Asia-Pacific By Product by Application (2021-2023) Table Rest of Asia-Pacific By Product by Application (2023-2030) Figure South America By Product Market Size and Growth Rate (2021-2030) Table South America By Product Market by Type (2021-2023) Table South America By Product Market by Type (2023-2030) Table South America By Product by Application (2021-2023) Table South America By Product by Application (2023-2030) Table South America By Product by Country (2021-2023) Table South America By Product by Country (2023-2030) Figure Brazil By Product Market Size and Growth Rate (2021-2030) Table Brazil By Product Market by Type (2021-2023) Table Brazil By Product Market by Type (2023-2030) Table Brazil By Product by Application (2021-2023) Table Brazil By Product by Application (2023-2030) Figure Mexico By Product Market Size and Growth Rate (2021-2030) Table Mexico By Product Market by Type (2021-2023) Table Mexico By Product Market by Type (2023-2030) Table Mexico By Product by Application (2021-2023) Table Mexico By Product by Application (2023-2030) Figure Columbia By Product Market Size and Growth Rate (2021-2030) Table Columbia By Product Market by Type (2021-2023) Table Columbia By Product Market by Type (2023-2030) Table Columbia By Product by Application (2021-2023) Table Columbia By Product by Application (2023-2030) Figure Rest of South America By Product Market Size and Growth Rate (2021-2030) Table Rest of South America By Product Market by Type (2021-2023) Table Rest of South America By Product Market by Type (2023-2030) Table Rest of South America By Product by Application (2021-2023) Table Rest of South America By Product by Application (2023-2030) Figure Middle East and Africa By Product Market Size and Growth Rate (2021-2030) Table Middle East and Africa By Product Market by Type (2021-2023) Table Middle East and Africa By Product Market by Type (2023-2030) Table Middle East and Africa By Product by Application (2021-2023) Table Middle East and Africa By Product by Country (2021-2023) Table Middle East and Africa By Product by Country (2023-2030) Figure Saudi Arabia By Product Market Size and Growth Rate (2021-2030) Table Saudi Arabia By Product Market by Type (2021-2023) Table Saudi Arabia By Product Market by Type (2023-2030) Table Saudi Arabia By Product by Application (2021-2023) Table Saudi Arabia By Product by Application (2023-2030) Figure United Arab Emirates By Product Market Size and Growth Rate (2021-2030) Table United Arab Emirates By Product Market by Type (2021-2023) Table United Arab Emirates By Product Market by Type (2023-2030) Table United Arab Emirates By Product by Application (2021-2023) Table United Arab Emirates By Product by Application (2023-2030) Figure South Africa By Product Market Size and Growth Rate (2021-2030) Table South Africa By Product Market by Type (2021-2023) Table South Africa By Product Market by Type (2023-2030) Table South Africa By Product by Application (2021-2023) Table South Africa By Product by Application (2023-2030) Figure Rest of Middle East and Africa By Product Market Size and Growth Rate (2021-2030) Table Rest of Middle East and Africa By Product Market by Type (2021-2023) Table Rest of Middle East and Africa By Product Market by Type (2023-2030) Table Rest of Middle East and Africa By Product by Application (2021-2023) Table Rest of Middle East and Africa By Product by Application (2023-2030)
Table Olympus Corporation By Product Financial Overview Table Medtronic By Product Financial Overview Table Fujifilm Holdings Corporation By Product Financial Overview Table Boston Scientific Corporation By Product Financial Overview Table Johnson & Johnson (Ethicon) By Product Financial Overview Table Karl Storz By Product Financial Overview Table PENTAX Medical (Hoya Corporation) By Product Financial Overview Table Cook Medical By Product Financial Overview Table CONMED Corporation By Product Financial Overview Table Stryker Corporation By Product Financial Overview Table Apollo Endosurgery, Inc. (US) By Product Financial Overview Table Endo Tools Therapeutics S.A. (Belgium) By Product Financial Overview
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Biologics Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Global Biologics Market for the past year and forecasts for the next six years. Global Biologics Market. Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Biologics Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Biologics Market from different application industries in different regions.
Market Segmentation By Product
Life Science Consumables
Medical Lasers
Ophthalmic
Therapeutics
Ablation
Lab Automation Instruments
Genomics
Proteomics
Spatial Cell Analysis
Sequencing
Other
By End User
Pharmaceutical Companies
Government & Academic Institutions
Hospitals & Healthcare Facilities
By Geography North America U.S. Canada Europe Germany France United Kingdom Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Asia Pacific Latin America Brazil Rest of Latin America Middle East & Africa (MEA) GCC North Africa South Africa Rest of Middle East & Africa