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Laboratory Consumables Market Size Poised for Growth with Surpassing USD 301.2 Billion by 2031 at a 5.1% CAGR: Transparency Market Research

Laboratory Consumables Market Poised for Significant Growth, Driven by Technological Advancements and Sustainable Innovations

Wilmington, Delaware, United States, Transparency Market Research, Inc., Aug. 22, 2024 (GLOBE NEWSWIRE) — As per the report published by Transparency Market Research, the global laboratory consumables market (실험실 소모품 시장) was worth US$ 191.2 Billion in 2022 and is expected to reach

Market Key Players

Abbott Laboratories, Agilent Technologies, Borosil Limited, Corning Incorporated, Danaher Corporation, EKF Diagnostics, Eppendorf AG, F.Hoffmann-La Roche AG, Haier Biomedical Co., Ltd, Horiba Instruments, INTEGRA Biosciences, Medline Scientific Limited, Merck KGaA, PerkinElmesr, Inc., Sartorius Group and Thermo Fisher Scientific, Inc. are some of the leading key players operating in the global laboratory consumables market.

Recent Developments in Laboratory Consumables Industry

  • In December 2023, Neste Oyj, a Finland-based oil refining and marketing company, partnered with Hamburg, Germany-based, Eppendorf, a manufacturer and supplier of laboratory equipment, to create a new line of renewable plastic lab consumables, Eppendorf Consumables BioBased.

The consumables or tubes are made using Neste RE, a feedstock derived entirely from renewable raw materials like used cooking oil. The companies assert that these consumables offer a sustainable option for laboratories aiming to lower their carbon footprint by substituting fossil crude oil in the value chain. The introduction of the first products in this new line is expected to aid the life science industry in its shift towards a more sustainable future.

Coming to the innovations regarding laboratory consumables, Eppendorf, in April 2024, introduced BioBased PCR plates with the objective of enhancing laboratory sustainability. Twin.tec trace plates comprising bio-based polymers have been designed for catering to the rising demands for eco-friendly alternatives.

Laboratory Consumables Market Segmentation

  • Product
    • Reagents & Kits
    • General Lab Supplies
      • Glassware
      • Plasticware
    • Others
  • End-user
    • Academic & Research Institutions
    • Pharmaceutical & Biotechnology Companies
    • Healthcare Facilities

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About Transparency Market Research 

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 

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