What Has Been the Growth of the Life Science Instrumentation Market So Far?
The life science instrumentation market has seen considerable growth due to a variety of factors.
• In recent times, the size of the life science instrumentation market has seen robust growth. An expansion from $66.22 billion in 2024 to $70.86 billion in 2025 is projected, signifying a compound annual growth rate (CAGR) of 7.0%.
This growth during the historical period can be credited to factors such as the emergence of personalized medicine, growth of the biotech sector, government allocations and grants, the appearance of new diseases and health risks, along with an aging population and chronic diseases.
What Is the Forecasted Market Size and Growth Rate for The Life Science Instrumentation Market Size In The Coming Years?
The life science instrumentation market is expected to maintain its strong growth trajectory in upcoming years.
• Over the next few years, strong expansion is forecasted for the life science instrumentation market, projected to attain $91.9 billion by 2029, with a CAGR of 6.7%.
This anticipated rise during the forecasted timeline is linked to research into environmental and climate changes, increased public and private financing, regulatory rules and standards, the emergence of infectious illnesses, and broader applications in the sectors of food and agriculture. The key trends expected in the forecast period encompass advancements in genomics, incorporating AI and machine learning, miniaturization and portability, progressing towards automation and robotics, and embracing digital and cloud-based solutions.
What Factors Are Driving Growth In The Life Science Instrumentation Market?
Rising instances of genetic disorders are predicted to fuel the expansion of the life science instrumentation market. Genetic disorders are diseases or conditions brought on due to irregularities in an individual's DNA or chromosomes. These disorders are on the rise owing to advancements in diagnostic technologies, enhanced awareness, and shifts in reproductive patterns. Genetic disorder patients rely on life science instruments for diagnosing, monitoring, and developing specific therapies by examining genetic elements and biomarkers. For example, the Alzheimer Society, a dementia care and research charity based in the UK, reported in May 2023 that approximately 982,000 people in the UK were living with dementia, a figure projected to escalate to 1.4 million by 2040. Consequently, the escalating prevalence of genetic disorders is stimulating the expansion of the life science instrumentation market.
What Are The Main Segments Of The Global Life Science Instrumentation Market?
The life science instrumentationmarket covered in this report is segmented –
1) By Technology: Spectroscopy, Chromatography, Polymerase Chain Reaction, Immunoassays, Lyophilization, Liquid Handling, Clinical Chemistry Analyzers, Microscopy, Flow Cytometry, Other Technologies
2) By Application: Research Applications, Clinical And Diagnostic Applications, Other Applications
3) By End User: Hospitals And Diagnostic Laboratories, Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Agriculture And Food Industries, Environmental Testing Labs, Clinical Research Organizations, Other End-Users
Subsegments:
1) By Spectroscopy: UV-Vis Spectroscopy, Infrared Spectroscopy (IR), Mass Spectrometry, Nuclear Magnetic Resonance (NMR) Spectroscopy, Raman Spectroscopy
2) By Chromatography: Gas Chromatography (GC), High-Performance Liquid Chromatography (HPLC), Thin Layer Chromatography (TLC), Ion Chromatography (IC), Supercritical Fluid Chromatography (SFC)
3) By Polymerase Chain Reaction (PCR): Quantitative PCR (qPCR), Reverse Transcription PCR (RT-PCR), Digital PCR, Multiplex PCR
4) By Immunoassays: Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay (RIA), Chemiluminescent Immunoassay (CLIA), Lateral Flow Immunoassay, Western Blotting
5) By Lyophilization: Freeze Drying Equipment, Lyophilization Monitoring Systems, Freeze-Dried Storage Systems
6) By Liquid Handling: Automated Liquid Handling Systems, Manual Pipetting Systems, Microplate Readers and Washers, Liquid Handling Robotics
Pre-Book The Life Science Instrumentation Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing The Life Science Instrumentation Market?
Big players in the life science instrumentation market are concentrating their efforts on developing innovative solutions such as cutting-edge milling technology to amplify the accuracy and effectiveness in sample preparation and analysis procedures. When we talk about milling technology, it essentially includes advanced tools and methods that ensure exceptional exactness and productivity in the mechanical handling of materials, especially during sample preparation for life science research. To illustrate, Thermo Fisher Scientific Inc., a company from the United States that specialises in life science and clinical research, rolled out the Arctis Cryo-Plasma Focused Ion Beam (Cryo-PFIB), a state-of-the-art automated microscope, in August 2022. This advanced system is engineered to bolster cryo-electron tomography (cryo-ET) research. The system consists of an autoloader that can manage up to 12 grids, enabling robotic manipulation that minimizes the risk of contamination and augments the sample processing efficiency. Moreover, it incorporates an integrated fluorescence microscope (iFLM) facilitating researchers to concurrently view samples using light, ion, or electron beams, leading to meticulous targeting and validation of areas pre and during the milling process.
Who Are the Key Players In The Life Science Instrumentation Market?
Major companies operating in the life science instrumentation market are:
• Thermo Fisher Scientific Inc.
• Roche Diagnostics International Ltd.
• Danaher Corporation
• Merck KGaA
• Becton Dickinson and Company
• GE HealthCare Technologies Inc.
• Agilent Technologies Inc.
• Hitachi High-Technologies Corporation
• Nikon Corporation
• bioMérieux S.A.
• Shimadzu Corporation
• PerkinElmer Inc.
• Waters Corporation
• Bio-Rad Laboratories Inc.
• Bruker Corporation
• QIAGEN N.V.
• Horiba Ltd.
• Eppendorf AG
• Tecan Trading AG
• JEOL Ltd.
• Leica Microsystems
• Cytek Biosciences Inc.
• Sigma Laborzentrifugen GmbH
What Is The Most Dominant Region In The Life Science Instrumentation Market?
North America was the largest region in the life science instrumentation market in 2024. The regions covered in the life science instrumentation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
