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by markit Wired
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The global laboratory balances and scales market is expected to grow at a CAGR of 5.4% during the forecast period. The laboratory balances and scales market was valued at US$ 1,271.4 Mn in 2017, and is projected to grow significantly to reach US$ 2,129.7 Mn by 2027.

Various industries such as healthcare, pharmaceutical, and biotechnology are facing challenges in standardization of products and the exact composition amount of samples. Laboratory balances and scales are being rapidly adopted in laboratories to measure the mass of objects, which includes solids, liquids, and tissues. Monitoring the weight/mass of a sample is a crucial step while conducting an experiment, and it is most commonly checked again after the final step.

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A rapid increase in research and development experiments in institutes, and testing of samples/compounds in the medical and biotechnology sectors are fuelling the demand for laboratory equipment such as laboratory balances and scales. Furthermore, the high adoption of laboratory balances and scales is being witnessed in various areas such as jewelry stores and art galleries, which is significantly driving the growth of the laboratory balances and scales market.

An increase in the applications of laboratory balances and scales in biotechnology as well as chemical industries where the weighing of samples is required on a regular basis is further expected to boost the growth of the laboratory balances and scales market over the forecast period.

laboratory balances and scales market

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Laboratory Balances and Scales Market Segmentation

Product Type

  • Analytical Balances
  • Precision Balances
  • Moisture Balances
  • Bench Scales
  • Compact Scales

End Use

  • R&D Laboratory
  • Educational Institutes
  • Healthcare and Pharmaceutical
  • Chemical Industries
  • Others

Key Regions Covered

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Japan
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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Table Of Content

1. Global Laboratory Balances and Scales Market – Executive Summary

2. Global Laboratory Balances and Scales Market Overview

3. Global Laboratory Balances and Scales Market Analysis and Forecast 2013-2027

4. North America Laboratory Balances and Scales Market Size and Forecast, 2013-2027

5. Latin America Laboratory Balances and Scales Market Size and Forecast, 2013-2027

6. Europe Laboratory Balances and Scales Market Size and Forecast, 2013-2027

8. APEJ Laboratory Balances and Scales Market Size and Forecast, 2013-2027

9. MEA Laboratory Balances and Scales Market Size and Forecast, 2013-2027

10. Global Laboratory Balances and Scales Market Company Share, Competition Landscape and Company Profiles

11. Research Methodology

12. Secondary and Primary Sources

13. Assumptions and Acronyms

14. Disclaimer

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