North American Life Science Instrumentation Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The North American life science instrumentation market is projected to grow at a significant CAGR of around 6.4% during the forecast period (2021-2027). One of the major factors that propel the market growth is the significant presence of major market players such as Becton, Dickinson and Co., General Electric Co., Bio-Rad Laboratories, Inc., Illumina, Inc., Thermo Fisher Scientific, Inc., and others in the region. These companies are contributing significantly to the life science instrumentation market by investing in research activities and pharmaceutical drug discoveries. North America has a well-developed healthcare infrastructure, owing to which, companies are investing in the development of advanced solutions for the life science market.
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Furthermore, in May 2018, General Electric Co. introduced Sefia S-2000 instrument that allows streamlining cellular products processes, such as isolation, harvesting, and final formulation. This enables to streamline the workflow and by the intuitive user design, the researcher can establish a protocol to automatically run in sequence. The functionally closed processing enables the removal of contaminants and sensor controls, and automation allows to ensure smooth operations. This facilitates record-keeping and compliance with the requirements. Traceability provides records to meet the needs of environmental monitoring. Therefore, these offering by the major market players in the region providing ample opportunity for the growth of the life science market in the near future.
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What is the market growth rate during the
forecast period?
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Which segment/region dominates the market in the
base year?
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Which segment/region will project the fastest
growth in the market during the forecast period?
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How will COVID-19 impact the market growth in
2020 and the coming years?
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Recovery Timeline
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Deviation from the pre-COVID forecast
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Most affected region/segment
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Recommendations
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Who is the leader in the market?
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How are players addressing challenges to sustain
growth?
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Where is the investment opportunity?
North American Life Science
Instrumentation Market – Segmentation
- Chromatography
- Spectroscopy
- Polymerase
Chain Reaction (PCR)
- Clinical
Chemistry Analyzers
- Immunoassays
- Next-Generation
Sequencing (NGS)
- Flow
Cytometry
- Microscopy
- Others
(Centrifuges, Electrophoresis)
By End-User
- Pharmaceutical
& Biotechnology Companies
- Research
Institutes
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Hospitals and Laboratories
North American
Life Science Instrumentation Market – Segmentation by Geography
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US
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Canada
Company Profiles
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Agilent Technologies, Inc.
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Becton, Dickinson and Co.
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Bio-Rad Laboratories, Inc.
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Bruker Corp.
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Danaher Corp.
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General Electric Co.
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Illumina, Inc.
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PerkinElmer Inc.
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Thermo Fisher Scientific Inc.
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Waters Corp.
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