Friday 2 October 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Laboratory Analytical Instrumentation Market: Agilent, Bruker, HORIBA, Danaher and Thermo Fischer
Other Prominent Vendors in the market are: ABB, B&W Tek, Hitachi, Illumina, JASCO, PerkinElmer, Siemens, and Waters.
Commenting on the report, an analyst said: “The trend of buyers requiring customized analytical instruments is set to change the market landscape over the forecast period, making difficult to sell standardized instruments. The increasing number of contract laboratories is also gaining popularity, particularly in APAC, which is expect to support market growth.”
According to the report, the growth in the global laboratory analytical instrumentation market is driven by the increase in the expenditure on R&D. The healthcare and chemical industry in APAC is growing at a fast pace, thereby driving the demand for laboratory analytical instruments. Stringent government regulations regarding the quality of products and manufacturing environment will also play a key role in the growth of this market globally.
Further, the report states that the cost of R&D ? especially for medium and small enterprises ? has proven to be a challenge, hindering market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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