Laboratory Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028

 

Laboratory (lab) accessories are the tools used to conduct scientific research or experiments, as well as to teach practical science. Lab accessories are extremely important in laboratories in order to provide reliable, accurate, and timely results. Portable lab accessories are used in hospitals, clinics, diagnostic centers, and pathological centers, among other places. Laboratory instruments, general lab equipment, glassware, consumables, and other accessories are examples of laboratory accessories.

Laboratory Accessories Market is expected to grow in popularity in the coming years as researchers and scientists prefer to use these systems to improve the efficiency of drug discovery, high-throughput screening, liquid handling, purification, and polymerase chain reactions. However, the lack of automation as a priority for small and medium-sized laboratories, as well as a lack of technology development planning, are factors limiting the market's Laboratory Accessories Market growth.

The availability of research funding, higher reproducibility and accuracy of laboratory accessories, large-scale disease outbreaks, and increasing adoption of laboratory automation in drug discovery and clinical diagnostics can all be attributed to the market's rapid growth.

The Laboratory Accessories Market  is primarily driven by an increase in funding and investment in pharmaceutical and biotechnology R&D activities. Because of the continuous and stable supply of laboratory equipment, the market is expected to grow at a steady rate in the coming years. The COVID-19 pandemic prompted an increase in coronavirus research. However, labs researching other diseases prior to the pandemic were closed down because the main goal of the lockdown was to avoid close contact with others, resulting in low demand for lab supplies. According to Stat News, many researchers have stated that widespread and lengthy shutdowns had a significant impact on the rate of other scientific discoveries.

Key Players

Thermo Fisher Scientific, Tecan Group, Becton, Dickinson and Company, Corning Incorporated, Bio-Rad Laboratories, Hamilton Company, Analytik Jena, Greiner Bi-one, and Brooks Automation are key players in the global laboratory accessories market.