• In April 2025, Brookfield Asset Management acquired Antylia Scientific, a global leader in laboratory equipment, for approximately $1.4 billion.Known for its Cole-Parmer Essentials brand, Antylia offers over 200,000 lab products and has expanded into infectious disease diagnostics and wastewater analysis. The deal aligns with Brookfield’s strategy to grow in healthcare and industrial technologies.

• In February 2025, Thermo Fisher Scientific announced the acquisition of Solventum’s purification and filtration business for approximately $4.1 billion in cash.The segment, which generated $1 billion in 2024, provides filters used in food, beverage, and drug purification. This move strengthens Thermo Fisher’s bioprocessing portfolio and supports biopharmaceutical drug development.

In this report, the Lab Supplies Market has been segmented by Product, Distrubution Channel, and Geography.

Lab Supplies Market, Segmentation by Product

The Lab Supplies Market has been segmented by Product into Equipment, (Incubators, Laminar Flow Hood, Micro Manipulation Systems, Centrifuges, Lab Air Filtration System, Scopes, Sonicators & Homogenizers, Autoclaves & Sterilizers, Spectrophotometer & Microarray Equipment Others) and Disposables (Pipettes, Tips, Tubes, Cuvettes, Dishes, Gloves, Masks, Cell Imaging Consumables, and Cell Culture Consumables).

Equipment

The equipment remains the largest contributor to the lab supplies market, accounting for approximately 55% of the market share. This segment includes essential tools and systems such as incubators, laminar flow hoods, micro manipulation systems, centrifuges, lab air filtration systems, scopes, sonicators and homogenizers, autoclaves and sterilizers, spectrophotometers, and microarray equipment. As research activities continue to advance in biotechnology, pharmaceuticals, and academic fields, the demand for these essential laboratory tools is expected to grow, propelling the market forward.

Disposables

The disposables holds a significant portion of the market, around 45%. Products in this category include pipettes, tips, tubes, cuvettes, dishes, gloves, masks, cell imaging consumables, and cell culture consumables. The growing focus on safety, hygiene, and cost-efficiency in laboratory environments has contributed to the increased demand for disposable items. With an ongoing surge in clinical, diagnostic, and research laboratories, these products are expected to continue playing a key role in supporting the growth of the market.

Lab Supplies Market, Segmentation by Distrubution Channel

The Lab Supplies Market has been segmented by Distrubution Channel into Hospitals, Ambulatory surgical centers, Clinics, e-commerce, and Retail pharmacies.

Hospitals: The Leading Distribution Channel

Hospitals continue to be the leading distribution channel for lab supplies, representing approximately 40% of the market share. Hospitals require a constant supply of lab equipment and consumables for diagnostic testing, research, and patient care. As the demand for high-quality healthcare and diagnostic services rises, hospitals remain the largest consumers of lab supplies, contributing to the market’s steady growth.

Ambulatory Surgical Centers (ASCs): Rising Demand for Lab Supplies

Ambulatory Surgical Centers (ASCs) are growing rapidly, contributing about 20% to the lab supplies market. These centers focus on outpatient surgeries and specialized diagnostic services, which require a broad range of lab consumables and equipment. The increasing preference for outpatient treatments and minimally invasive procedures is driving the demand for lab supplies within ASCs, making them a crucial distribution channel in the market.

Clinics: Expanding Market for Diagnostic Tools

The clinic segment holds about 15% of the market share and continues to grow as the number of healthcare facilities increases globally. Clinics require both diagnostic equipment and consumables for a variety of healthcare services. With the focus on preventive care and increasing health awareness, clinics are driving the demand for a range of lab supplies, helping expand this distribution channel.

E-Commerce: A Growing Channel for Lab Supplies

The e-commerce sector has seen a significant rise in the sale of lab supplies, accounting for approximately 10% of the market share. The convenience of online shopping, along with the growing trend of digitalization in the healthcare sector, has led to an increased demand for lab consumables and equipment through e-commerce platforms. The ability to compare prices and reviews online makes it an attractive option for purchasing lab supplies.

Retail Pharmacies: Increasing Role in Lab Supply Distribution

Retail pharmacies account for around 15% of the lab supplies market. Pharmacies play a key role in supplying basic diagnostic tools, consumables, and health monitoring products. With a growing consumer preference for home testing kits and diagnostic devices, retail pharmacies are becoming an essential distribution channel for lab supplies, helping to meet the needs of both healthcare providers and consumers.

Lab Supplies Market, Segmentation by End User

The Lab Supplies Market has been segmented by End User into Academic Institutes, Clinical & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, and Others

Academic Institutes
Academic institutes contribute approximately 25% to the Lab Supplies Market. They depend on a consistent demand for laboratory glassware, reagents, and equipment essential for both education and research. Growth in STEM education and public-sector funding for research continues to drive this segment forward.

Clinical & Diagnostic Laboratories
Holding around 30% of the market share, clinical and diagnostic laboratories play a crucial role in the demand for diagnostic tools and testing supplies. Increasing cases of chronic illnesses, the rise in preventive healthcare, and a focus on timely diagnostics boost the need for high-quality lab supplies.

Pharmaceutical & Biotechnology Companies
Pharmaceutical and biotechnology companies dominate the market with nearly 35% share, due to their extensive use of precision instruments, high-grade chemicals, and cutting-edge technologies. The surge in drug discovery, biotech research, and R&D investment fuels this segment’s robust growth.

Others
Encompassing contract research organizations, forensic labs, and environmental testing centers, the 'Others' segment contributes about 10% to the Lab Supplies Market. Although smaller, its growth is driven by increasing demand for specialized testing services and the expansion of outsourced scientific research.

Lab Supplies Market, Segmentation by Geography

In this report, the Lab Supplies Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Lab Supplies Market Share (%), by Geographical Region, 2024

North America: Leading the Lab Supplies Market

North America remains the largest market for lab supplies, contributing 40% to the global market share. The region’s well-established healthcare system, along with advanced research and diagnostic services, fuels the demand for lab equipment and consumables. The U.S. and Canada lead in terms of healthcare expenditure, with both countries investing heavily in medical research and development, making North America a key player in the lab supplies market.

Europe: A Key Contributor to Market Growth

Europe holds 30% of the lab supplies market, driven by countries such as Germany, France, and the UK. These countries benefit from strong public health systems, a high level of healthcare research, and an increasing demand for laboratory diagnostics. The region’s focus on expanding healthcare access and improving medical technologies further enhances the market for lab supplies. Moreover, Europe is committed to supporting the biotechnology and pharmaceutical industries, which in turn boosts the demand for laboratory tools and consumables.

Asia Pacific: Fast-Growing Market

The Asia Pacific region is witnessing rapid growth in the lab supplies market, accounting for 20% of the global share. Countries like China, India, and Japan are experiencing robust demand for laboratory products due to the increasing number of healthcare facilities, growing research activities, and the rising incidence of chronic diseases. Additionally, government investments in the healthcare and biotechnology sectors are expected to continue driving the market in this region. As the population in these countries continues to grow, the need for advanced diagnostic tools and lab supplies will increase, contributing to the region's market growth.

Middle East & Africa and Latin America

The Latin American and Middle Eastern regions make up approximately 10% of the lab supplies market. Although these regions have smaller market shares compared to North America and Europe, they are seeing gradual growth due to improving healthcare infrastructure and increasing healthcare needs. The expansion of medical research institutions and rising awareness of medical technologies are key drivers for the lab supplies market in these regions. These regions are expected to experience steady growth as they continue to invest in healthcare services.

This report provides an in depth analysis of various factors that impact the dynamics of Lab Supplies Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers:

• Increasing demand for research and diagnostics
• Rising investments in pharmaceutical R&D
• Growth in clinical laboratory testing services

• Expansion of biotechnology and life sciences sector - The rapid growth of the biotechnology and life sciences sectors has been a key driver for the lab supplies market. As advancements in biotechnology and life sciences research continue, the demand for high-quality laboratory equipment, reagents, and consumables has surged. These industries depend heavily on advanced lab tools to facilitate experiments, research, and the development of new drugs, therapies, and diagnostic methods. With groundbreaking innovations in areas like gene editing, personalized medicine, and regenerative therapies, the need for specialized laboratory supplies has intensified, thus boosting the market. The expansion of life sciences research has resulted in more clinical trials, increased research institutions, and growing pharmaceutical companies, all of which require a variety of laboratory supplies. From basic tools such as pipettes and glassware to more sophisticated equipment for molecular biology and genomics, these organizations rely on a vast range of products to support their operations. The rapid progress in biotechnological fields, such as cancer research, stem cell studies, and vaccine development, has fueled demand for high-precision and quality lab supplies. This trend is expected to continue, further boosting the lab supplies market as new technologies and research breakthroughs emerge.
  
  The rising focus on diagnostics and personalized treatments within the healthcare sector has significantly increased the need for lab supplies. Advances in diagnostic testing, particularly in genomics and molecular diagnostics, have pushed laboratories to invest in state-of-the-art tools that enhance the accuracy and efficiency of sample processing. As biotechnology companies collaborate with healthcare providers to offer personalized treatment solutions, there is a growing need for specialized diagnostic tools, biomarker detection kits, and other supplies, all of which further contribute to market growth.

Restraints:

• High cost of advanced lab equipment
• Supply chain disruptions affecting product availability
• Limited access in low-resource settings

• Stringent regulatory compliance requirements - Key challenge in the lab supplies market. Laboratories around the world must meet a diverse set of safety, quality, and performance standards dictated by regulations. These standards vary by region and country, often requiring manufacturers to undergo detailed processes such as inspections, certifications, and documentation. As a result, manufacturers are faced with increased operational costs, longer timelines, and potential delays in getting products to market.
  
  The regulatory environment is further complicated by frequent updates to compliance standards, which require continuous monitoring and adjustments from manufacturers. These ever-changing regulations create additional hurdles, as companies must stay up-to-date with the latest requirements, often leading to delays in product development and higher costs. Moreover, inconsistency in regulatory standards across different regions adds complexity, as manufacturers must ensure their products meet various regional requirements to access global markets. This lack of uniformity can create barriers to entry, limiting a company's ability to scale across borders. These regulatory pressures can also dampen innovation in the lab supplies industry. Manufacturers may shy away from launching new products or adopting cutting-edge technologies if the approval process is seen as burdensome or unpredictable. This cautious approach to product development can result in slower advancements in laboratory tools and supplies, ultimately affecting research and clinical operations. Many companies may find it more advantageous to focus on maintaining regulatory compliance rather than pushing the boundaries of innovation.

Opportunities:

• Emerging markets adopting modern lab infrastructure
• Technological innovations in laboratory automation
• Rising academic and government research funding

• E-commerce growth in laboratory product distribution - The lab supplies market has experienced remarkable growth, largely fueled by the rise of e-commerce in the distribution of laboratory products. As laboratories and research institutions increasingly turn to online platforms for their purchasing needs, the accessibility of essential laboratory supplies has seen a significant boost. The convenience of ordering supplies online enables faster procurement, reducing the time and effort required for sourcing and shipping, which is especially beneficial for smaller research facilities and remote locations that may lack local suppliers.
  
  E-commerce platforms now provide access to a wide variety of products, including chemicals, glassware, instruments, and consumables. These platforms often offer competitive pricing, bulk order discounts, and cost-effective options for laboratories, making the procurement process more affordable for organizations of all sizes. Furthermore, the ability to compare prices and view detailed product specifications online enhances transparency, enabling laboratories to make more informed purchasing decisions. This increased accessibility ensures that research operations can continue smoothly, even in underserved areas. The global reach of e-commerce presents opportunities for international suppliers to expand their market presence, offering an extensive range of products to meet diverse customer needs. Online platforms allow suppliers to target a broader customer base, enabling them to scale their operations and increase market share. Additionally, e-commerce facilitates the entry of new companies into the lab supplies market, fostering greater competition and innovation within the industry.