DUBLIN, Oct. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/8ctf3w/global_laboratory) has announced the addition of the "Global Laboratory Analytical Instrumentation Market - Industry Analysis 2015-2019" report to their offering.
The global laboratory analytical instrumentation market to grow at a CAGR of 6.11% over the period 2014-2019.
The report, Global Laboratory Analytical Instrumentation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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.
This report considers the laboratory analytical instruments in the following categories:
- Elemental analysis
- Separation analysis
- Molecular analysis
- Agilent Technologies
- HORIBA Scientific
- Thermo Fisher Scientific
Other prominent vendors
- B&W Tek
- Hitachi High-Technologies
For more information visit http://www.researchandmarkets.com/research/8ctf3w/global_laboratory
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets