Reports

- Global Locations -

Headquarters

Future Market Insights, Inc.

Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States

T: +1-845-579-5705

Americas

Future Market Insights, Inc.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States

T: +1-347-918-3531

MEA

Future Market Insights

1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

Europe

Future Market Insights

3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom

T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268

Asia Pacific

Future Market Insights

IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India

Laboratory Balances and Scales Market Outlook

The laboratory balances and scales market is anticipated to expand its roots at an average CAGR of 4.3% during the forecast period. The market is expected to hold a share of US$ 1.31 billion in 2023 while it is anticipated to cross a value of US$ 2.0 billion by 2033.

The research report on the laboratory balances and scales market reveals that the increasing usage of measuring scales laboratory equipment along with the high precision laboratory balances are fuelling the demand. Furthermore, electronic scale balances are also in high demand as it is consumed in education institutes and the chemical industry. Technological advancements in R&D expansion while expanding the pipeline among pharma-biotech and healthcare industries.

The rising number of laboratories and research facilities due to the higher medical expenditure is also a driving factor for the market. The enhanced weighing time and higher measurement stability are leading to the demand for laboratory balances and scales. Vendors provide higher efficiency, advanced systems, and increased visibility for research laboratories. Higher development of life-science products coupled with big government investments is also garnering growth for the laboratory balances and scales market. There are different types of balances in the laboratory such as digital weighing balance for laboratory

The laboratory balances and scales market outlook state the increased application of laboratories for research and development initiatives fuel the sales of lab equipment. Furthermore, laboratory balances and scales are used for measuring the formulas, products, and other elements.

New academic institutes deal with lots of research and experiments related to different verticals such as chemistry, electronics, and another line of study. Though, the lack of awareness around its applications is limiting the demand for laboratory balances and scales. The advanced nano-technology and the research around it increase the demand for accurate lab equipment including balances and scales.

Attributes Details
Laboratory Balances and Scales Market CAGR (2023 to 2033) 4.3%
Laboratory Balances and Scales Market Size (2023) US$ 1.31 billion
Laboratory Balances and Scales Market Size (2033) US$ 2.0 billion

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

How is the Future Outlook (2023 to 2033) for Laboratory Balances and Scales Market in Comparison to the Historical Pattern (2017 to 2022)?

Short-term Growth (2023 to 2026): The market observed a steady growth rate during this period. The growth was attributed to the expanding research facilities due to the pandemic. The pharmaceutical industry implements different experiments during this period to enhance drug formation. The major application of laboratory balances and scales is for the monitoring of chemical samples. Though, the market flourished at a comparatively higher CAGR of 5.4% between 2017 and 2022.

Mid-term Growth (2026 to 2029): This period is likely to witness peak demand from across the end-user industry such as chemical, industrial, and healthcare industries. Furthermore, the demand for high precision and accuracy in highly regulated industries is fuelling the demand for laboratory balances and scales. The government’s stringent policies around chemical measurement, research and development, and product manufacturing are also expected to drive the demand for laboratory balances and scales.

Long-term Growth (2029 to 2033): The growing demand for the high precision laboratory balances in education institutes is fuelling market growth. Furthermore, the requirement for accurate equipment along with promotional activities are contributing to the market. Thus, the laboratory balances and scales market are anticipated to thrive at a strong CAGR of 4.3% between 2023 and 2033.

Laboratory Balances and Scales Market Growth Driven by Increasing Adoption in Healthcare and Pharmaceutical Industries

Various industries such as healthcare, pharmaceutical, and biotechnology are facing challenges in standardization of products and the exact composition number 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 checked again after the final step. For Instance, the application of an electronic scale laboratory for measuring different masses and values of chemicals/elements is contributing to the overall market expansion.

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.

Sabyasachi Ghosh
Sabyasachi Ghosh

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Comparative View of Laboratory Balances and Scales Market

Laboratory Balances and Scales Market:

Attributes Laboratory Balances and Scales Market
CAGR (2023 to 2033) 4.3%
Market Value (2033) US$ 2.0 billion
Growth Factor Expanded research and development facilities, increased government spending, and proliferating biotechnology experiments are fuelling the demand for laboratory balances and scales.
Opportunity The higher number of educational and industrial spaces adopting advanced lab equipment with enhanced accuracy are creating opportunities for the market.
Key Trends The easy-to-understand interface, high efficiency and accuracy are the trending elements in the market.

Laboratory Equipment Market:

Attributes Laboratory Equipment Market
CAGR (2023 to 2033) 10.63%
Market Value (2033) US$ 43.85 billion
Growth Factor The increased demand for lab equipment like gloves, incubators, centrifuges, and sterilizers along with the advent of new research extensions such as microbiology is flourishing the demand for the laboratory equipment.
Opportunity The stringent government compliance policies to prevent lab accidents are also creating new opportunities for the market.
Key Trends The R&D activities for special projects involving clinical diagnostic, pathology, research is shaping trends for the market.

Laboratory Informatics Market:

Attributes Laboratory Informatics Market
CAGR (2023 to 2033) 10.07%
Market Value (2033) US$ 13.95 billion
Growth Factor The integration of artificial intelligence and communication technology along with the demand of a platform that enhances the scientific processes and deliver lab information is garnering the market growth.
Opportunity Systems are point-of-care testing, hospital information system, patient care, and pathologist are creating opportunities for the market.
Key Trends The increased demand for achieve higher quality care is shaping the market trends.

Laboratory Balances and Scales Market Country-wise Insights

Region Absolute Market Growth
United States US$ 235.3 million
United Kingdom US$ 24.1 million
China US$ 44.1 million
Japan US$ 29.0 million
India US$ 13.3 million

How does the United States lead the Laboratory Balances and Scales Market in terms of CAGR and Market Share?

Proliferating Research Facilities for Educational and Industrial Purposes are Propelling the Growth for the Region

United States Market CAGR (2023 to 2033) 4.1%
United States Market Absolute Doller Growth (US$ Million/Billion) US$ 235.3 million

As per FMI’s analysis, the United States laboratory balances and scales market is thriving at a steady CAGR of 4.1% between 2023 and 2033. The market is anticipated to cross a value of US$ 708.6 million by 2033. The government is spreading awareness around the implementation of measuring scales and laboratory equipment to prevent hazardous lab accidents. Furthermore, the expanding biotechnology, nanotech, and chemical industry is expected to flourish the market growth. Through these factors, the United States market is likely to hold an absolute dollar growth of US$ 235.3 million between 2023 and 2033.

What makes China a Significant Laboratory Balances and Scales Market?

Government Compliances along with the Expanding Pharmaceutical Industry is Garnering the Regional Growth

Chinese Market CAGR (2023 to 2033) 3.7%
Chinese Market Absolute Doller Growth (US$ Million/Billion) US$ 44.1 million

China laboratory balances and scales market thrives at a CAGR of 3.7% between 2023 and 2033 while it is anticipated to hold a value of US$ 143.5 million by 2033.

This is followed by China, with an approximate investment of US$ 475 billion in 2018. APEJ is expected to grow at a relatively high CAGR during the forecast period in the global laboratory balances and scales market, due to the presence of various key players in the region, as well as many research laboratories present here. The rapidly growing pharmaceutical and healthcare industry is also flourishing the growth in Asian economies like China and India.

However, India flourishes at a CAGR of 2.2% between 2023 and 2033 while it reaches a value of US$ 69.0 million.

Why is Japan Considered One of the Most Lucrative Markets for Laboratory Balances and Scales?

Japan Market CAGR (2023 to 2033) 2.9%
Japan Market Absolute Doller Growth (US$ Million/Billion) US$ 29.0 million

The Japanese laboratory balances and scales market fuels at a CAGR of 2.9% between 2023 and 2033. The market is anticipated to hold a value of US$ 117.3 million. Japan spends more on research & development as a share of its GDP than the USA and China. Japan is expected to increase its funding for research and development in the upcoming years. The focus of various countries on research and development is boosting the growth of the laboratory balances and scales market in various regions across the globe.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Category-wise Insights

Segment Top Product Type
Top Sub-segment Analytical Balances
CAGR (2023 to 2033) 4.1%
Segment Top End Use Type
Top Sub-segment R&D Laboratory
CAGR (2023 to 2033) 3.8%

Wider Applications and Higher Accuracy to fuel the Segment Growth

Analytical laboratory balances and scales have been adopted well by users in various heavily regulated industries such as pharmaceuticals and medicine. These laboratory balances and scales provide precise measurements, which is a mandate in various industries. The analytical laboratory balances segment is expected to remain dominant during the forecast period.

Analytical laboratory balances and scales are quick and accurate and can identify the weight of very small samples. They can provide precise measurements up to four decimals. Thus, the analytical laboratory balances segment is expected to capture a large market share over the forecast period with a CAGR of 4.1% between 2023 and 2033.

Expanding Private and Government Research and Development Initiatives are garnering the Segment’s Growth

Based on end use, the R&D laboratory fuels at the leading CAGR of 3.8% between 2023 and 2033. The growth is attributed to the higher number of R&D programs fuelled by government spending. Research facilities that demand for sartorius analytical balance specifications also expand the market size as it consumes different measuring balances and scales. While many of private chemical/industrial companies are also setting up their research facilities to produce better products. Previously, the segment thrived at an elevated CAGR of 5.0% between 2017 and 2022.

Precision Laboratory Balances are Gaining Traction, Owing to Rapid Adoption in the Heavily Regulated Pharmaceutical & Medical Industry

Among the different types of laboratory balances and scales available in the market, precision laboratory balances are expected to witness maximum growth during the forecast period, owing to high demand from industries such as healthcare, pharmaceuticals, biotechnology, and others. Due to stringent regulations related to drug development processes in the pharmaceutical industry, the monitoring of samples becomes a crucial step before and during experiments.

Other industries such as chemicals and food also have stringent regulations that need to be adhered to before a product can go to the market, which acts as a driving force for the adoption of precision laboratory balances and scales.

Nowadays, these precision laboratory balances and scales are installed with advanced software that ensure error-free weighing and also provide an option to transfer data to a personal computer or laptop. Many research professionals recommend these laboratory balances for the precise measurement of samples, which also includes medicines in pharmacies and for the analysis of various samples in pharmaceutical laboratories.

Competition Scenario

Leading manufacturers are focusing on the up-gradation of laboratory balances and scales for improving the accuracy while weighing samples. Laboratory balances and scales with high precision and accuracy are in demand in highly regulated industries. Leading manufacturers are focusing on the introduction of varied laboratory balances and scales such as ultra-micro laboratory balances, micro laboratory balances, analytical laboratory balances, precision laboratory balances, and others.

Market Developments

  • Mettler Toledo launched an analytical laboratory balance with a status light that indicate whether laboratory balances tests are up to date. It also includes features such as RFID technology and other relevant features for providing precise results.
  • Thermo Fischer Scientific has introduced its thermogravimetric analyser that monitors the temperature fluctuation along with the changing mass.

Key Players

  • Thermo Fischer Scientific
  • Mettler Toledo
  • Sartorius
  • Ohaus Instruments
  • A&D Company
  • Adam Equipments
  • Gram Precision
  • PCE Instruments
  • Precisa Gravimetrics AG,
  • RADWAG Balances and Scales,
  • Sciencetech Inc.,
  • Bonso Electronic International, Inc.
  • Kern & Sohn Gmbh

Key Segments

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
    • USA
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • United Kingdom
    • 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

Frequently Asked Questions

How big is the Laboratory Balances and Scales Market by 2033?

The projected revenue of the market by 2033 is US$ 2.0 billion.

What is the Laboratory Balances and Scales Market CAGR for 2033?

The market CAGR for 2033 is projected to be 4.3%.

How Big is the Laboratory Balances and Scales Market?

The market is valued at US$ 1.31 billion in 2023.

Which region holds a significant share of the Laboratory Balances and Scales market?

North America holds the largest market share.

Why is the North American market growing remarkably fast in Laboratory Balances and Scales Market?

North America is growing fast due to the increasing demand for the pharmaceutical industry.

Table of Content

1. Executive Summary | Laboratory Balances and Scales Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2017 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033

        5.3.1. Analytical Balances

        5.3.2. Precision Balances

        5.3.3. Moisture Balances

        5.3.4. Bench Balances

        5.3.5. Compact Balances

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2022

    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033

        6.3.1. R&D Laboratory

        6.3.2. Education Institutes

        6.3.3. Healthcare and Pharmaceutical

        6.3.4. Chemical Industry

        6.3.5. Others

    6.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2022

    6.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033

7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Asia Pacific Excluding Japan

        7.3.5. Japan

        7.3.6. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By End Use

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By End Use

    8.4. Key Takeaways

9. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By End Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By End Use

    9.4. Key Takeaways

10. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. France

            10.2.1.3. United Kingdom

            10.2.1.4. Italy

            10.2.1.5. Spain

            10.2.1.6. Rest of Europe

        10.2.2. By Product Type

        10.2.3. By End Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By End Use

    10.4. Key Takeaways

11. Asia Pacific Excluding Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. India

            11.2.1.3. ASEAN

            11.2.1.4. Rest of Asia Pacific Excluding Japan

        11.2.2. By Product Type

        11.2.3. By End Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By End Use

    11.4. Key Takeaways

12. Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

        12.2.2. By Product Type

        12.2.3. By End Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By End Use

    12.4. Key Takeaways

13. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2022

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. South Africa

            13.2.1.2. Türkiye

            13.2.1.3. Rest of Middle East and Africa

        13.2.2. By Product Type

        13.2.3. By End Use

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By End Use

    13.4. Key Takeaways

14. Key Countries Market Analysis

    14.1. USA

        14.1.1. Pricing Analysis

        14.1.2. Market Share Analysis, 2022

            14.1.2.1. By Product Type

            14.1.2.2. By End Use

    14.2. Canada

        14.2.1. Pricing Analysis

        14.2.2. Market Share Analysis, 2022

            14.2.2.1. By Product Type

            14.2.2.2. By End Use

    14.3. Brazil

        14.3.1. Pricing Analysis

        14.3.2. Market Share Analysis, 2022

            14.3.2.1. By Product Type

            14.3.2.2. By End Use

    14.4. Mexico

        14.4.1. Pricing Analysis

        14.4.2. Market Share Analysis, 2022

            14.4.2.1. By Product Type

            14.4.2.2. By End Use

    14.5. Germany

        14.5.1. Pricing Analysis

        14.5.2. Market Share Analysis, 2022

            14.5.2.1. By Product Type

            14.5.2.2. By End Use

    14.6. France

        14.6.1. Pricing Analysis

        14.6.2. Market Share Analysis, 2022

            14.6.2.1. By Product Type

            14.6.2.2. By End Use

    14.7. United Kingdom

        14.7.1. Pricing Analysis

        14.7.2. Market Share Analysis, 2022

            14.7.2.1. By Product Type

            14.7.2.2. By End Use

    14.8. Italy

        14.8.1. Pricing Analysis

        14.8.2. Market Share Analysis, 2022

            14.8.2.1. By Product Type

            14.8.2.2. By End Use

    14.9. Spain

        14.9.1. Pricing Analysis

        14.9.2. Market Share Analysis, 2022

            14.9.2.1. By Product Type

            14.9.2.2. By End Use

    14.10. China

        14.10.1. Pricing Analysis

        14.10.2. Market Share Analysis, 2022

            14.10.2.1. By Product Type

            14.10.2.2. By End Use

    14.11. India

        14.11.1. Pricing Analysis

        14.11.2. Market Share Analysis, 2022

            14.11.2.1. By Product Type

            14.11.2.2. By End Use

    14.12. ASEAN

        14.12.1. Pricing Analysis

        14.12.2. Market Share Analysis, 2022

            14.12.2.1. By Product Type

            14.12.2.2. By End Use

    14.13. Japan

        14.13.1. Pricing Analysis

        14.13.2. Market Share Analysis, 2022

            14.13.2.1. By Product Type

            14.13.2.2. By End Use

    14.14. South Africa

        14.14.1. Pricing Analysis

        14.14.2. Market Share Analysis, 2022

            14.14.2.1. By Product Type

            14.14.2.2. By End Use

    14.15. Türkiye

        14.15.1. Pricing Analysis

        14.15.2. Market Share Analysis, 2022

            14.15.2.1. By Product Type

            14.15.2.2. By End Use

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Product Type

        15.3.3. By End Use

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. Mettler Toledo

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. Sartorius Group

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. Ohaus Instruments Co, Ltd.

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. A&D Company Ltd.

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. Adam Equipment Inc

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. Gram Precision Ltd.

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. PCE Instruments

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. RADWAG Balances and Scales

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. Scientech Inc.

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

        16.1.10. Bonso Electronics International Inc.

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

                16.1.10.5.2. Product Strategy

                16.1.10.5.3. Channel Strategy

        16.1.11. KERN & SOHN GmbH

            16.1.11.1. Overview

            16.1.11.2. Product Portfolio

            16.1.11.3. Profitability by Market Segments

            16.1.11.4. Sales Footprint

            16.1.11.5. Strategy Overview

                16.1.11.5.1. Marketing Strategy

                16.1.11.5.2. Product Strategy

                16.1.11.5.3. Channel Strategy

        16.1.12. Alliance Scale Inc.

            16.1.12.1. Overview

            16.1.12.2. Product Portfolio

            16.1.12.3. Profitability by Market Segments

            16.1.12.4. Sales Footprint

            16.1.12.5. Strategy Overview

                16.1.12.5.1. Marketing Strategy

                16.1.12.5.2. Product Strategy

                16.1.12.5.3. Channel Strategy

        16.1.13. Humblod Mfg. Co.

            16.1.13.1. Overview

            16.1.13.2. Product Portfolio

            16.1.13.3. Profitability by Market Segments

            16.1.13.4. Sales Footprint

            16.1.13.5. Strategy Overview

                16.1.13.5.1. Marketing Strategy

                16.1.13.5.2. Product Strategy

                16.1.13.5.3. Channel Strategy

        16.1.14. Avery Weight-Tronix

            16.1.14.1. Overview

            16.1.14.2. Product Portfolio

            16.1.14.3. Profitability by Market Segments

            16.1.14.4. Sales Footprint

            16.1.14.5. Strategy Overview

                16.1.14.5.1. Marketing Strategy

                16.1.14.5.2. Product Strategy

                16.1.14.5.3. Channel Strategy

        16.1.15. Precisa Gravimetrics AG

            16.1.15.1. Overview

            16.1.15.2. Product Portfolio

            16.1.15.3. Profitability by Market Segments

            16.1.15.4. Sales Footprint

            16.1.15.5. Strategy Overview

                16.1.15.5.1. Marketing Strategy

                16.1.15.5.2. Product Strategy

                16.1.15.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2017 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 4: Global Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 5: Global Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 6: Global Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 8: North America Market Volume (Units) Forecast by Country, 2017 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 10: North America Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 11: North America Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 12: North America Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 14: Latin America Market Volume (Units) Forecast by Country, 2017 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 18: Latin America Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 20: Europe Market Volume (Units) Forecast by Country, 2017 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 22: Europe Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 24: Europe Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 25: Asia Pacific Excluding Japan Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 26: Asia Pacific Excluding Japan Market Volume (Units) Forecast by Country, 2017 to 2033

Table 27: Asia Pacific Excluding Japan Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 28: Asia Pacific Excluding Japan Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 29: Asia Pacific Excluding Japan Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 30: Asia Pacific Excluding Japan Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 31: Japan Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 32: Japan Market Volume (Units) Forecast by Country, 2017 to 2033

Table 33: Japan Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 34: Japan Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 35: Japan Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 36: Japan Market Volume (Units) Forecast by End Use, 2017 to 2033

Table 37: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2017 to 2033

Table 38: Middle East and Africa Market Volume (Units) Forecast by Country, 2017 to 2033

Table 39: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2017 to 2033

Table 40: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2017 to 2033

Table 41: Middle East and Africa Market Value (US$ Million) Forecast by End Use, 2017 to 2033

Table 42: Middle East and Africa Market Volume (Units) Forecast by End Use, 2017 to 2033
Sabyasachi Ghosh
Sabyasachi Ghosh

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by End Use, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2033

Figure 5: Global Market Volume (Units) Analysis by Region, 2017 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 9: Global Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 13: Global Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 16: Global Market Attractiveness by Product Type, 2023 to 2033

Figure 17: Global Market Attractiveness by End Use, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by End Use, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 23: North America Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 27: North America Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 31: North America Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 34: North America Market Attractiveness by Product Type, 2023 to 2033

Figure 35: North America Market Attractiveness by End Use, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by End Use, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 49: Latin America Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Product Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by End Use, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by End Use, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 59: Europe Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 63: Europe Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 67: Europe Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 70: Europe Market Attractiveness by Product Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by End Use, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Excluding Japan Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 74: Asia Pacific Excluding Japan Market Value (US$ Million) by End Use, 2023 to 2033

Figure 75: Asia Pacific Excluding Japan Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Excluding Japan Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 77: Asia Pacific Excluding Japan Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 78: Asia Pacific Excluding Japan Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Excluding Japan Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Excluding Japan Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 81: Asia Pacific Excluding Japan Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 82: Asia Pacific Excluding Japan Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 83: Asia Pacific Excluding Japan Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 84: Asia Pacific Excluding Japan Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 85: Asia Pacific Excluding Japan Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 86: Asia Pacific Excluding Japan Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 87: Asia Pacific Excluding Japan Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 88: Asia Pacific Excluding Japan Market Attractiveness by Product Type, 2023 to 2033

Figure 89: Asia Pacific Excluding Japan Market Attractiveness by End Use, 2023 to 2033

Figure 90: Asia Pacific Excluding Japan Market Attractiveness by Country, 2023 to 2033

Figure 91: Japan Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 92: Japan Market Value (US$ Million) by End Use, 2023 to 2033

Figure 93: Japan Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: Japan Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 95: Japan Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 96: Japan Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: Japan Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: Japan Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 99: Japan Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 100: Japan Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 101: Japan Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 102: Japan Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 103: Japan Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 104: Japan Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 105: Japan Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 106: Japan Market Attractiveness by Product Type, 2023 to 2033

Figure 107: Japan Market Attractiveness by End Use, 2023 to 2033

Figure 108: Japan Market Attractiveness by Country, 2023 to 2033

Figure 109: Middle East and Africa Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 110: Middle East and Africa Market Value (US$ Million) by End Use, 2023 to 2033

Figure 111: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033

Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2017 to 2033

Figure 113: Middle East and Africa Market Volume (Units) Analysis by Country, 2017 to 2033

Figure 114: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 115: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 116: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2017 to 2033

Figure 117: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2017 to 2033

Figure 118: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 119: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 120: Middle East and Africa Market Value (US$ Million) Analysis by End Use, 2017 to 2033

Figure 121: Middle East and Africa Market Volume (Units) Analysis by End Use, 2017 to 2033

Figure 122: Middle East and Africa Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 123: Middle East and Africa Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 124: Middle East and Africa Market Attractiveness by Product Type, 2023 to 2033

Figure 125: Middle East and Africa Market Attractiveness by End Use, 2023 to 2033

Figure 126: Middle East and Africa Market Attractiveness by Country, 2023 to 2033

Recommendations

Testing Equipment

Laboratory Ovens Market

Published : November 2018

Explore Healthcare Insights

View Reports

Laboratory Balances and Scales Market