Global Life Science & Chemical Instrumentation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Spectroscopy, Chromatography, Flow Cytometry, NGS (Next-Generation Sequencing), PCR (Polymerase Chain Reaction), and Microscopy

By End User;

Healthcare Providers, Pharmaceutical & Biotechnology Companies, Contract Research Organizations (CROs), Academia & Research Institutes, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn522316187 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Life Science & Chemical Instrumentation Market (USD Million), 2021 - 2031

Life Science & Chemical Instrumentation Market was valued at USD 50,134.28 million in the year 2024. The size of this market is expected to increase to USD 71,728.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.


Global Life Science & Chemical Instrumentation Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.3 %
Market Size (2024)USD 50,134.28 Million
Market Size (2031)USD 71,728.13 Million
Market ConcentrationMedium
Report Pages364
50,134.28
2024
71,728.13
2031

Major Players

  • Agilent Technologies Inc
  • Becton Dickinson and Company
  • Bio-Rad Laboratories Inc
  • Bruker Corporation
  • Danaher Corporation
  • F. Hoffmann-La Roche Ltd
  • Illumina Inc
  • Shimadzu Corporation
  • Thermo Fisher Scientific Inc
  • Waters Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Life Science & Chemical Instrumentation Market

Fragmented - Highly competitive market without dominant players


The Life Science & Chemical Instrumentation Market is witnessing robust momentum, fueled by the growing emphasis on high-accuracy analytical tools across laboratories and industrial settings. These instruments are critical in ensuring precise results in research and quality assurance processes. Currently, over 65% of laboratory operations involve precision-based instrumentation, emphasizing their indispensable function in scientific progress.

Technology-Driven Market Evolution
The market is evolving rapidly with innovations in automation, compact design, and smart data capabilities. Roughly 40% of current instrument releases come with integrated software systems and digital controls. These enhancements are making scientific workflows faster, more efficient, and user-friendly, contributing to widespread adoption across various domains.

Broader Application Beyond the Lab
The use of chemical instrumentation is expanding into sectors such as environmental science, food safety, and industrial manufacturing. About 30% of the market demand comes from these non-clinical applications, with a growing focus on monitoring and compliance. This diversification underscores the instruments' adaptability and critical role in maintaining safety standards.

Optimized Integration and Future Readiness
Continued innovation in instrument sensitivity and system integration is shaping the future trajectory of the market. Approximately 55% of laboratories are now opting for multifunctional systems that support seamless integration with digital infrastructure. These preferences reflect a shift toward smarter, more cost-effective instrumentation aligned with evolving scientific needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Life Science & Chemical Instrumentation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for advanced analytical instruments
        2. Growth in pharmaceutical and biotech research
        3. Increasing adoption of automation technologies
        4. Expansion of life sciences and chemical sectors
      2. Restraints
        1. High costs of sophisticated instrumentation
        2. Complexity of operation and maintenance
        3. Regulatory compliance challenges globally
        4. Limited skilled workforce availability
      3. Opportunities
        1. Integration of AI with instrumentation
        2. Growing applications in personalized medicine
        3. Emerging markets expansion potential
        4. Development of portable analytical devices
    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. Global Life Science & Chemical Instrumentation Market, By Technology, 2021 - 2031 (USD Million)
      1. Spectroscopy
      2. Chromatography
      3. Flow Cytometry
      4. NGS (Next-Generation Sequencing)
      5. PCR (Polymerase Chain Reaction)
      6. Microscopy
    2. Global Life Science & Chemical Instrumentation Market, By End User, 2021 - 2031 (USD Million)
      1. Healthcare Providers
      2. Pharmaceutical & Biotechnology Companies
      3. Contract Research Organizations (CROs)
      4. Academia & Researh Institutes
      5. Others
    3. Global Life Science & Chemical Instrumentation 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. Agilent Technologies Inc
      2. Becton Dickinson and Company
      3. Bio-Rad Laboratories Inc
      4. Bruker Corporation
      5. Danaher Corporation
      6. F. Hoffmann-La Roche Ltd
      7. Illumina Inc
      8. Shimadzu Corporation
      9. Thermo Fisher Scientific Inc
      10. Waters Corporation
  7. Analyst Views
  8. Future Outlook of the Market