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Biotechnology Instrumentation Market Trends, Size | 2031
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Biotechnology Instrumentation Market Trends, Size | 2031

Segments - Biotechnology Instrumentation Market by Technology (Imaging, Laboratory Automation, Electrophoresis [Capillary and Gel], Microarray Technology [Cells, DNA, Tissue, and Protein], Immunoassay [Chemiluminescence, Radio, Fluorescence, and Enzyme], Mass Spectroscopy [Atomic, Molecular, and Mass], Chromatography [Gas and Liquid]), End-users (Pharmaceutical Companies, Biotech Companies, and Research Institutes), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-2566 | 4.1 Rating | 66 Reviews | 200 Pages | Format : PDF Excel PPT

Report Description


Biotechnology Instrumentation Market Outlook 2031

The global biotechnology instrumentation market size was USD 86.28 Billion in 2022 and is projected to reach USD 122.17 Billion by 2031 register a significant CAGR 3.94% during the forecast period, 2023-2031. The growth of the market is attributed to the increasing need for biotechnological tools in the pharmaceutical industry, biotech industry, and several other medical-related industries.

Biotechnology is a dynamic and ever-growing field where it has wide applications of various products especially in the pharmaceutical industry and scientific research institutes. These products are mainly produced by using biological agents or their derivatives. Biotechnology instrumentation consists of essential and basic tools that are used to calculate, measure, utilize, and prepare biological samples or solutions.

Biotechnology Instrumentation Market Outlook

In applied science, biotechnology is one of the most dynamic and researched fields at present. Some of the major and commonly used biotechnology tools or equipment are thermal cyclers, centrifuges, bioreactors, incubators, stability chambers, conductivity meters, spectrophotometers, and thermometers.

  • Development of new products along with the advancement of therapeutics by analyzing the existing drugs is anticipated to boost the market growth during the forecast period.
  • Improvement in throughput capacity and advancements in the quality of biotech instruments are expected to propel market growth during the forecast period.
  • Augmenting applications and safety concerns related to the biotechnology instruments are anticipated to drive the market expansion in the coming years.
  • Increasing monitoring of the environment along with the growing funds collected by the government initiatives is estimated to boost the market growth during the forecast period.
  • Ongoing research & development initiatives taken by several pharmaceutical companies in order to meet the growing needs of biotechnological instruments are projected to create lucrative opportunities for the market.

Scope of The Biotechnology Instrumentation Market Report

The report on the global biotechnology instrumentation market includes an assessment of the market, trends, and segments. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Biotechnology Instrumentation Market – Global Industry Analysis, Growth, Share, Size, Trends, And Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Technology (Imaging, Laboratory Automation, Electrophoresis [Capillary and Gel], Microarray Technology [Cells, DNA, Tissue, and Protein], Immunoassay [Chemiluminescence, Radio, Fluorescence, and Enzyme], Mass Spectroscopy [Atomic, Molecular, and Mass], Chromatography [Gas and Liquid]), End-Users (Pharmaceutical Companies, Biotech Companies, and Research Institutes)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Waters Corp.; Agilent Technologies, Inc.; Becton, Dickinson and Co.; PerkinElmer, Inc.;   Bio-Rad Laboratories, Inc.; Shimadzu Corp.; F. Hoffmann-La Roche Ltd.; Eppendorf; Bruker Corp.; Spinco biotech Ltd.; Sigma Aldrich; Danaher Corp., and Thermo Fisher Scientific, Inc.

Biotechnology Instrumentation Market Segment Insights     

Imaging segment is expected to dominate the market

On the basis of technology, the global biotechnology instrumentation market is segmented into imaging, laboratory automation, electrophoresis, microarray technology, immunoassay, mass spectroscopy, and chromatography. The electrophoresis segment is further bifurcated into capillary and gel electrophoresis.

The microarray technology segment is sub-divided into cells, DNA, tissue, and protein while the immunoassay segment is further segmented into chemiluminescence, radio, fluorescence, and enzyme. The mass spectroscopy is sub-divided into atomic, molecular, and mass while the chromatography is further bifurcated into gas and liquid. The imaging segment is expected to dominate the market during the forecast period attributed to various applications of instrumentation.

Biotechnology Instrumentation Market Technology

Pharmaceutical companies segment is anticipated to hold a major share

Based on end-users, the market is categorized as pharmaceutical companies, biotech companies, and research institutes. The pharmaceutical companies segment is anticipated to hold a major share of the market in the coming years owing to the increasing usage of biotechnological tools or instruments by pharmaceutical companies for the development of new drugs and devices for diseases treatment.

Biotechnology Instrumentation Market End Users

North America is estimated to exhibit a high CAGR

In terms of regions, the global biotechnology instrumentation market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is estimated to exhibit a high CAGR during the forecast period attributed to the enormous amount of funding made by major pharmaceutical players and ample amount of research & development initiatives by governments in the region.

Meanwhile, the market of Asia Pacific is expected to account for a considerable market share during the forecast period due to growing engagement by the pharmaceutical and biotech companies for the development of such products in the region. Moreover, increasing number of Contract Research Organizations (CROs) and support & fund provided by several governments to develop the pharmaceutical industry in the region.

Biotechnology Instrumentation Market Region

Segments

The global biotechnology instrumentation market has been segmented on the basis of

Technology

  • Imaging
  • Laboratory Automation
  • Electrophoresis
    • Capillary
    • Gel
  • Microarray Technology
    • Cells
    • DNA
    • Tissue
    • Protein
  • Immunoassay
    • Chemiluminescence
    • Radio
    • Fluorescence
    • Enzyme
  • Mass Spectroscopy
    • Atomic
    • Molecular
    • Mass
  • Chromatography
    • Gas
    • Liquid

End-Users

  • Pharmaceutical Companies
  • Biotech Companies
  • Research Institutes

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Waters Corp.
  • Agilent Technologies, Inc.
  • Becton, Dickinson and Co.
  • PerkinElmer, Inc.
  • Bio-Rad Laboratories, Inc.
  • Shimadzu Corp.
  • F. Hoffmann-La Roche Ltd.
  • Eppendorf
  • Bruker Corp.
  • Spinco biotech Ltd.
  • Sigma Aldrich
  • Danaher Corp.
  • Thermo Fisher Scientific, Inc.

Competitive Landscape

Key players competing in the global biotechnology instrumentation market are Waters Corp.; Agilent Technologies, Inc.; Becton, Dickinson and Co.; PerkinElmer, Inc.;   Bio-Rad Laboratories, Inc.; Shimadzu Corp.; F. Hoffmann-La Roche Ltd.; Eppendorf; Bruker Corp.; Spinco biotech Ltd.; Sigma Aldrich; Danaher Corp., and Thermo Fisher Scientific, Inc.

Many of these players have adopted business strategies such as launch of new products, advancement of technologies, partnerships, mergers, and production capacity expansion in order to increase their consumer base and expand market position globally.

Biotechnology Instrumentation Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biotechnology Instrumentation Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Biotechnology Instrumentation Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Biotechnology Instrumentation Market - Supply Chain
  4.5. Global Biotechnology Instrumentation Market Forecast
     4.5.1. Biotechnology Instrumentation Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Biotechnology Instrumentation Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Biotechnology Instrumentation Market Absolute $ Opportunity
5. Global Biotechnology Instrumentation Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Biotechnology Instrumentation Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Biotechnology Instrumentation Demand Share Forecast, 2019-2026
6. North America Biotechnology Instrumentation Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Biotechnology Instrumentation Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Biotechnology Instrumentation Demand Share Forecast, 2019-2026
7. Latin America Biotechnology Instrumentation Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Biotechnology Instrumentation Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Biotechnology Instrumentation Demand Share Forecast, 2019-2026
8. Europe Biotechnology Instrumentation Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Biotechnology Instrumentation Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Biotechnology Instrumentation Demand Share Forecast, 2019-2026
9. Asia Pacific Biotechnology Instrumentation Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Biotechnology Instrumentation Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Biotechnology Instrumentation Demand Share Forecast, 2019-2026
10. Middle East & Africa Biotechnology Instrumentation Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Biotechnology Instrumentation Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Biotechnology Instrumentation Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Biotechnology Instrumentation Market: Market Share Analysis
  11.2. Biotechnology Instrumentation Distributors and Customers
  11.3. Biotechnology Instrumentation Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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