North America Life Science Tools Market Size, Share, Growth, Trends, Company Analysis, Regional Insights and Forecast 2020 - 2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

According to Vision Research Reports, the North America life science tools market size is projected to reach US$ 80.2 billion by 2027 with registering a CAGR of 11.6% from 2020 to 2027.

The market growth is attributed to a rise in government funding for life science technologies, growth of cell & gene therapies, increasing demand for biopharmaceuticals, and a rise in competition among prominent market entities. Competitive dynamics continue to drive a rapid pace of innovation in sequencing, multiplex platforms, and major categories of mass spectrometry and liquid chromatography; this supports growth via upgrade/replacement cycles and expands the applicability of technologies. An increase in investments for R&D of life science tools is expected to drive the market significantly.

Report Highlights

  • Cell biology technology dominated the market in 2019 owing to critical attention from key market players and academic institutions

  • Continuous advancements in technologies required for analysis of cells, such as cytometry, high content analysis, and microscopy, have a great impact on the growth of cancer research, stem cell research, drug discovery, and immunology

  • Moreover, these advancements have brought about high-throughput, label-free, multiplexing capabilities to cellular analysis

  • Proteomics technology is anticipated to grow at the fastest CAGR from 2020 to 2027 as proteome analysis provides a complete interpretation of structural and functional information of a cell

  • This, in turn, helps in the analysis of a cell’s response mechanism against a variety of foreign factors, including drugs

  • PCR & qPCR is estimated to register the fastest growth rate from 2020 to 2027 owing to the upsurge in PCR adoption for Covid-19 diagnosis

  • The comprehensive portfolio of cell culture media, advanced surfaces, and vessels displayed by operational entities is a result of an increase in demand for cell culture consumables among research professionals operating in the life science industry

  • The rise in the adoption of genomic and proteomic workflows in hospitals to diagnose and treat several clinical abnormalities is attributed to the largest share of the healthcare end-use segment in 2019

  • The U.S. market is expected to grow at a lucrative rate owing to an increase in the adoption of genomic medicines, biopharmaceuticals, and novel technologies for the diagnosis and treatment of clinical disorders

  • Thermo Fisher Scientific is one of the largest suppliers of a wide range of innovative solutions for the life science community

List of Key Players of North America Life Science Tools Market

  • Thermo Fisher Scientific, Inc.

  • F. Hoffmann-La Roche Ltd.

  • Illumina, Inc.

  • Agilent Technologies

  • Becton, Dickinson and Company (BD)

  • Bio-Rad Laboratories, Inc.

  • Danaher Corporation

  • General Electric Company

  • Merck KGaA

  • QIAGEN

  • Corning, Inc.

  • Perkin Elmer, Inc.

  • Miltenyi Biotec

  • Bruker

  • Hitachi Koki Co., Ltd.

  • Shimadzu Corporation

  • Oxford Instruments

Market Segmentation

Technology Outlook

  • Genomic Technology

  • Proteomics Technology

  • Cell Biology Technology

  • Other Analytical & Sample Preparation Technology

  • Lab Supplies & Technologies

Product Outlook

  • Next-Generation Sequencing

    • Instrument

    • Consumables

    • Services

  • PCR & qPCR

    • Instrument

    • Consumables

    • Services

  • Flow Cytometry

    • Instrument

    • Consumables

    • Services

  • Nuclear Magnetic Resonance Spectroscopy (NMR)

    • Instrument

    • Consumables

    • Services

  • Microscopy & Electron Microscopy

    • Instrument

    • Consumables

    • Services

  • Liquid Chromatography (LC)

    • Instrument

    • Consumables

    • Services

  • Mass Spectrometry (MS)

    • Instrument

    • Consumables

    • Services

  • Nucleic Acid Preparation (NAP)

    • Instrument

    • Consumables

    • Services

  • Transfection Electroporation

    • Equipment

    • Reagents

  • Cell Biology

    • Instrument

      • Glassware

      • Culture ware

      • Others

    • Consumables

      • Media & Sera

      • Reagents

    • Cell & Tissue Culture Services

  • Cloning

    • Kits, Reagents, and Consumables

    • Services

  • Other Products & Services

    • Antibodies

    • General Supplies

    • Nucleic Acid Microarray

      • Instrument

      • Consumables

      • Services

    • Others

      • Instrument

      • Consumables

      • Services

End-use Outlook

  • Government & Academic

  • Biopharmaceutical Company

  • Healthcare

  • Industrial Application

  • Others

Country Outlook

  • U.S.

  • Canada


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