Title: Laboratory Balances and Scales Market Latest Technology and Market Trends & Forecast – 2028
1Laboratory Balances and Scales Market
Report Id REP-GB-8142 Published On
2019-01-08 Category Testing Equipment
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3Research Methodology (1/2)
- Systematic Research Approach
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Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
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- Key industry experts
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SOLUTION
- Market participants
- Key strengths
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- Mapping as per value chain
- Key focus segments
Primary Research
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includes sources of databases
4Laboratory Balances and Scales Market Analysis
- Report Synopsis
- FMI offers a 8-year forecast for the laboratory
balances and scales market between 2019 and 2027.
In terms of value, the market is expected to
register a CAGR of 5.4 during the forecast
period. This study demonstrates the global
laboratory balances and scales market dynamics
and trends across different regions, such as
North America, Latin America, Europe, Japan, APEJ
and Middle East Africa, which influence the
current nature and the future status of the
laboratory balances and scales market over the
forecast period. The popularity of laboratory
balances and scales is increasing due to the
adoption of laboratory balances and scales in
laboratory equipment for balancing, and scaling - Report Description
- This research report provides a detailed analysis
of the laboratory balances and scales market and
offers insights about the various factors
influencing the market. This study of laboratory
balances and scales provides a comprehensive
assessment of the stakeholder strategies and
imperatives for succeeding in the business. The
laboratory balances and scales report segregates
the market based on product type, and end users
as well as across different regions worldwide. - Request Report Sample_at_
- For any queries linked with the report, ask an
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5Laboratory Balances and Scales Market Analysis
- The report starts with an overview of the global
laboratory balances and scales market in terms of
value. In addition, this section of the
laboratory balances and scales report includes
the analysis of key trends, drivers and
restraints that are influencing the market. The
impact analysis of the key drivers and restraints
of the laboratory balances and scales market are
included in this report to provide clients
crystal-clear decision-making insights. The
global laboratory balances and scales market is
estimated to witness a single-digit CAGR in terms
of value and volume, owing to which it is
expected to reach US 2.1 Bn by 2027. - Increasing production in the biotechnology
pharmaceutical industry is boosting the
applications of biotechnology pharmaceutical in
various research and development areas, and this
is fuelling the growth of the laboratory balances
and scales market. In addition, factors such as
increasing biochemistry operations that include
balancing and scaling and others are some of the
prime factors fuelling the growth of the
laboratory balances and scales market at the
global level. Moreover, rapid increase in
research activities at hospitals, research
institutes and other areas is fuelling the demand
for laboratory equipment such as laboratory
balances and scales. Furthermore, the
applications of laboratory balances and scales in
the other areas, such as food industries,
manufacturing industries is also significantly
driving the global laboratory balances and scales
market. Thus, the increasing applications of
laboratory balances and scales in biotechnology
and the identification of products weight
precisely is boosting the market for laboratory
balances and scales.
6Laboratory Balances and Scales Market Analysis
- Leading players in the laboratory balances and
scales market are following various strategies to
sustain in the market. For example, Mettler
Toledo had introduced analytical balance, which
provides enhanced measuring capabilities to
precisely weigh the samples. The company is
investing 7-8 of its revenue on the research
and development. Also, companies are focusing on
customization of the equipment as per latest
needs and requirements. - On the basis of product type, the laboratory
balances and scales market is segmented
considering the categories in which the
laboratory balances and scales are available as
well as their application areas. Based on product
type, the laboratory balances and scales market
is segmented into analytical balances, precision
balances, moisture balances, bench scales,
compact scales and other products. The revenue
contribution from the precision segment in
laboratory balances and scales market is expected
to expand at a CAGR of 6.4 during the forecast.
The adoption of precision balances by chemical
industries, RD laboratories and others is
fuelling the growth of this segment in the global
laboratory balances and scales market. - On the basis of end use, the laboratory balances
and scales market is segmented into RD
laboratory, educational institutes, healthcare,
pharmaceutical, chemical industries, and others.
Considering the demand for laboratory balances
and scales, the RD laboratory segment is
expected to grow significantly due to constant
investments in conducting research and
experiments. The application of laboratory
balances and scales in biotechnology
pharmaceutical companies for the weighing of the
products is driving the laboratory balances and
scales market.
7Laboratory Balances and Scales Market Analysis
The next section in laboratory balances and
scales report highlights a detailed analysis of
the market across various countries. It provides
a market outlook for 20192027, and sets the
forecast within the context of the laboratory
balances and scales market, which includes the
latest developments and offerings. This study
discusses the key trends within countries that
are contributing to the growth of the market, as
well as analyses the degrees at which the drivers
influence the market in each region. Key regions
and countries assessed in the laboratory balances
and scales report include North America (U.S.
Canada), Latin America (Brazil, Mexico the rest
of Latin America), Europe (Germany, Italy,
France, Russia, U.K. the rest of Europe),
Japan, APEJ (China, India, Malaysia, Australia,
Singapore the rest of APEJ) and MEA (GCC
Countries, Israel, South Africa the rest of
MEA). The laboratory balances and scales market
report evaluates the present scenario and growth
prospects of these devices across various regions
globally for the period 20192027. We have
considered 2017 as the base year, and provided
data for the remaining 12 months. The forecast
presented in the laboratory balances and scales
market report assesses the total revenue by value
across the market. To offer an accurate forecast,
we have started by sizing the current market,
which forms the basis of how the laboratory
balances and scales
8Laboratory Balances and Scales Market Analysis
market will develop in the future. Given the
characteristics of the market, we have
triangulated the outcome of different types and
vertical analysis based on technology trends in
laboratory balances and scales. In addition, it
is imperative to note that, in an
ever-fluctuating global economy, we not only
conduct forecasts in terms of CAGR, but also
analyse on the basis of key parameters, such as
Year-on-Year (Y-o-Y) growth, to understand the
predictability of the laboratory balances and
scales market and to identify the right
opportunities present in the market. In the final
section of the laboratory balances and scales
report, we have included a competitive landscape
to provide clients a dashboard view based on the
categories of providers in the value chain, their
presence in the laboratory balances and scales
portfolio and key differentiators. This section
of the laboratory balances and scales report is
primarily designed to provide clients an
objective and detailed comparative assessment of
the key providers specific to a market segment in
the laboratory balances and scales value chain
and the potential players for the same. The
laboratory balances and scales report audiences
can gain segment-specific vendor insights to
identify and evaluate the key competitors based
on an in-depth assessment of their capabilities
and success in the market. The
9Laboratory Balances and Scales Market Analysis
- detailed profiles of the providers of laboratory
balances and scales are also included in the
scope of the report to evaluate their long-term
short-term strategies, key offerings and recent
developments in the laboratory balances and
scales market. - Laboratory balances and Scales Market Key
Segments Covered - Product Type
- Analytical Balances
- Precision Balances
- Moisture Balances
- Bench Scales
- Compact Scales
- End Use
- RD Laboratory
- Educational Institutes
- Healthcare and Pharmaceutical
- Chemical Industries
- Others
10Laboratory Balances and Scales Market Analysis
- Key Regions Covered
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Key Companies for Laboratory Balances and Scales
- Mettler Toledo
- Sartorius Group
- Ohaus Instruments. Co.,Ltd.
- AD Company Ltd
- Adam Equipment Inc
- Gram Precision Ltd.
- PCE Instruments.
11Laboratory Balances and Scales Market Analysis
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