Global Lab Supplies Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Equipment and Disposables

By Distribution Channel;

Hospitals, Ambulatory Surgical Centers, Clinics, E-Commerce, and Retail Pharmacies

By End User;

Academic Institutes, Clinical & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn137328137 Published Date: May, 2025 Updated Date: June, 2025

Lab Supplies Market Overview

Lab Supplies Market (USD Million)

Lab Supplies Market was valued at USD 38,780.56 million in the year 2024. The size of this market is expected to increase to USD 62,273.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Global Lab Supplies Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 38,780.56 Million
Market Size (2031)USD 62,273.10 Million
Market ConcentrationMedium
Report Pages348
38,780.56
2024
62,273.10
2031

Major Players

  • Agilent Technologies Inc
  • Bio-Rad Laboratories, Inc
  • Danaher Corporation
  • Fujifilm Holdings Corporation
  • PerkinElmer Inc.
  • Sartorius AG
  • Shimadzu Corporation
  • Thermo Fisher Scientific, Inc
  • Waters Corporation
  • BRUKER CORPORATION

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Lab Supplies Market

Fragmented - Highly competitive market without dominant players


The laboratory supplies is on the rise, driven by their essential role in research accuracy and healthcare diagnostics. These tools are now foundational in clinical and scientific workflows, influencing nearly 70% of all clinical decision-making. As precision becomes critical in both experimental and diagnostic environments, the need for reliable lab consumables and equipment continues to grow steadily.

Surge in R&D Spending Accelerates Market Growth
The global market is benefiting significantly from increasing R&D budgets in the biotech, pharmaceutical, and academic sectors. An estimated 55% of total R&D funds are now allocated toward lab-based activities, boosting the demand for high-performance supplies. This trend highlights how essential quality lab tools have become in driving scientific progress and operational efficiency.

Automation Driving Demand for Compatible Supplies
With laboratory automation rapidly advancing, approximately 45% of lab processes are now automated. This transformation is fueling demand for precision-compatible consumables and devices that support seamless integration with modern instruments. Automated systems require consistent, scalable supplies to maintain performance, making technology-ready tools a market priority.

Focus on Compliance and Certified Products
Stringent quality and regulatory standards are reshaping lab supply procurement strategies. Currently, over 60% of labs prioritize certified, regulation-compliant products when making purchasing decisions. This growing preference for tested and accredited supplies is pushing manufacturers to meet higher quality benchmarks and comply with global standards.

Eco-Conscious Trends Shaping Product Choices
Sustainability is becoming a core factor in the lab supplies sector. More than 40% of labs now consider environmental impact when sourcing products, with a growing shift toward recyclable, biodegradable, and low-energy consumables. As the industry embraces greener practices, demand is rising for products that combine performance with eco-friendly innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distrubution Channel
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Lab Supplies Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for research and diagnostics
        2. Rising investments in pharmaceutical R&D
        3. Growth in clinical laboratory testing services
        4. Expansion of biotechnology and life sciences sector
      2. Restraints
        1. High cost of advanced lab equipment
        2. Supply chain disruptions affecting product availability
        3. Limited access in low-resource settings
        4. Stringent regulatory compliance requirements
      3. Opportunities
        1. Emerging markets adopting modern lab infrastructure
        2. Technological innovations in laboratory automation
        3. Rising academic and government research funding
        4. E-commerce growth in laboratory product distribution
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Lab Supplies Market, By Product, 2021 - 2031 (USD Million)
      1. Equipment
        1. Incubators
        2. Laminar Flow Hood
        3. Micro Manipulation Systems
        4. Centrifuges
        5. Lab Air Filtration System
        6. Scopes
        7. Sonicators & Homogenizers
        8. Autoclaves & Sterilizers
        9. Spectrophotometer & Microarray Equipment
        10. Others
      2. Disposables
        1. Pipettes
        2. Tips, Tubes
        3. Cuvettes
        4. Dishes
        5. Gloves
        6. Masks
        7. Cell Imaging Consumables
        8. Cell Culture Consumables
    2. Lab Supplies Market, By Distrubution Channel, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory surgical centers
      3. Clinics
      4. E-Commerce
      5. Retail Pharmacies
    3. Lab Supplies Market, By End User, 2021 - 2031 (USD Million)
      1. Academic Institutes
      2. Clinical & Diagnostic Laboratories
      3. Pharmaceutical & Biotechnology Companies
      4. Others
    4. Lab Supplies Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific
      2. LabWare
      3. LabVantage Solutions Inc.
      4. Abbott
      5. Core Informatics
      6. LabLynx LIMS
      7. Labworks
      8. Computing Solutions and Inc.
      9. Autoscribe Informatics
      10. Illumina, Inc.
      11. Siemens
      12. Accelerated Technology Laboratories, Inc.
      13. Orchard Software Corporation
      14. Cerner Corporation
      15. Soft Computer Consultants, Inc.
      16. Sunquest Information Systems Inc.
      17. McKesson Corporation
  7. Analyst Views
  8. Future Outlook of the Market