Research and Markets has announced the addition of the "Global Life Sciences and Analytical Instruments Market Outlook: 2016-2021" report to their offering.
The global market for life sciences and analytical instruments increased from $34.80 billion in 2016 to $48.48 billion by 2021. The last 5-6 years have been predominantly eventful for instrument companies with major mergers and acquisitions, partnerships, new product launches, and other business developments.
With rising government spending on pharmaceutical R&D in emerging nations, increasing life science research and development expenditure, progressing drug discovery and clinical diagnostics field, technological advancements, emerging applications, growing aging populations, rising prevalence of chronic diseases, and changing demo graphics; numerous industry participants reported record sales primarily driven by the robust growth in emerging countries such as China, India, and Brazil.
The increase in number of biotechnology firms worldwide, advances in life science research and technology innovations with human genome mapping, and emergence of proteomics have enabled industry growth; as such high-end research projects require quality instruments with high throughput capacity are fueling the life Science and analytical instrumentation market further. However, presence of alternative technologies and high cost of instruments are some of the key factors hampering the growth of this market.
Key Topics Covered:
1. Introduction to Global Life Science and Analytical instruments Market
2. Executive Summary
3. Key Market Insights
4. Global Life Science and Analytical instruments Market- By Technology
5. Global Life Science and Analytical instruments Market- By End Users
6. Life Science and Analytical instruments Market - By Geography
7. Global Life Science and Analytical instruments Market- Competitive Landscape
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/pmhknk/global_life
View source version on businesswire.com: http://www.businesswire.com/news/home/20161101006416/en/Business Wire
Last updated on: 01/11/2016
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