Steady growth in the bioscience and laboratory equipment market following the advent of the industrial revolution. The key drivers to such growth are the rising academic-industry collaborations, expansion in the various application areas, increasing clinical capabilities, growing investments and funding for life sciences, and ultimately government initiatives.
According to Meticulous Research, Global Life Sciences and Laboratory Equipment Market are expected to grow up to USD 55,932.4 million by 2023, at a CAGR of 7.2%.
Some globally known companies, with their unique brands, have contributed tremendously to the efforts of researchers and analysts, particularly in the science field such as pharmaceutical, biotech, and healthcare, in finding solutions to problems, making discoveries and a lot more. The lab industry giants have been known over the years for their consistency in the manufacture of quality products that meet the demands of science applications.
Here, we’d be looking at the top companies operating in the life sciences and laboratory equipment market.
Let’s get started!
The US giant manufacturer, Agilent Technologies, Inc., with its headquarters in Santa Clara, California, was founded in 1999. The company specializes in providing solutions and consumables in diagnostics, applied chemical and life sciences for laboratory work. It focuses its business on three segments; Agilent CroosLab, Diagnostics and Genomics, and Sciences and Applied Markets. Apart from its base in the U.S, the company spans to other countries (those in Asia, Europe, Africa, and the Middle East) through its subsidiaries and network of distributors.
With its headquarters in New Jersey, U.S, Becton, Dickson is a widely recognized brand when it comes to the manufacture of medical technology for improving the care unit, diagnostics, and therapeutic discovery. Its operations are anchored on two business segments namely BD Life sciences and BD Medical. The company was founded in 1897 and since that time has covered more than 50 countries across the continents with which they have established a good business partnership.
Since 1986, Hoffman-La Roche has made a name as a reputable manufacturer and distributor of pharmaceuticals and diagnostics. The company views its business as a unique and effective way of contributing to the advancement of science and improvement of the lives of the populace.
Over the years, it has spread its presence in many countries in the Americas, Europe and as far as the Middle East and Africa.
The Asian giant laboratory equipment manufacturer, Shimadzu Corporation, focuses on the manufacture and distribution of analytical and measuring instruments and industrial machinery for a broad range of applications. These include life sciences and laboratory equipment in Analytical & measuring instruments.
Shimadzu Corporation was founded in 1875. Though headquartered at Kyoto, Shimadzu has gone beyond its shores to become a major distributor to retail businesses in Europe, America, and Africa.
Perkin Elmer is yet another reputable brand in the laboratory equipment market. Established in 1947, the company’s primary business is directed towards providing services, and solutions for diagnostics, laboratory workflow, life science, and industrial research, as well as the environment and food market. The company operates through two business segments, namely Analytical and Discovery.
With headquarters in Waltham, Massachusetts, U.S, PerkinElmer has established a global presence in over 150 countries and still expanding, thanks to their subsidiaries and distributors.
Danaher is a major industrial producer and supplier of medical, laboratory research solutions as well as other industrial and commercial products and services. Their operations and products can be categorized into four segments, namely Environmental and Applied solution, Dental, Life Sciences, and Diagnostics.
Since 1969, when Danaher Corporations was founded, has become an important distributor of many registered retailers around the globe.
Known for their impact on the global market, the US manufacturing industry, Waters Corporation produces equipment such as analytical instruments manufacturer and other high tech laboratory devices namely the high-performance liquid chromatography, liquid chromatography, ultra-performance, and mass spectrometry technology systems. Another laboratory equipment include supports products such as the chromatography columns and other consumables.
Waters Corporation was founded in 1958 and since then, its products have widely employed in several countries to ease laboratory workflow.
The US Company is a recognized manufacturer and supplier of standard analytical equipment, instruments, consumables and reagents, and services and software for research, analysis, manufacturing, diagnostics, and discovery. Though it is headquartered at Waltham, Massachusetts, the company operates under premier brands such as Unity Lab Services, Fisher Scientific, Invitrogen, Applied Biosystems, and Thermo Scientific.
The company operates in two business segments, namely laboratory equipment, and Life Science solutions. Since 2006, It has established a strong network in several countries across the globe.
The U.S Company, with its headquarters at Massachusetts, manufactures scientific instruments and analytical and diagnostic solutions for improving laboratory operations at the microscopic, cellular and molecular levels. Since 1960, when the company was founded, it has built a strong network of distributors across several countries in North America, Latin America, Asia Pacific, Europe, Middle East, and Africa.
It doesn’t just stop at knowing about these high tech companies and their contributions towards research activities such as drug discovery, bioanalysis, modeling of compounds, and more in the bioscience sector. How about acquiring the laboratory equipment for carrying out these research activities?
Perhaps you want to set up your laboratory with new equipment or replace the malfunctioning or damaged equipment. On the other hand, you may also be considering to sell the used laboratory equipment as the new ones come in. That’s another hurdle one may have to cross.
Engaging in the purchase or sales of these laboratory and bioscience equipment could be daunting, especially when dealing directly with potential suppliers or buyers. Remember, there’s going to be lots of paperwork in addition to the shipping challenges. However, there are online platforms that provide an accessible market for either selling or purchasing of laboratory equipment. Using such platforms saves you the stress of hunting for reliable suppliers for your biotech, pharmaceutical, or healthcare laboratory equipment.