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Laboratory Equipment Market Explore Future Growth, Analysis, and Trends by 2018-2026

In March 2017, Echo—a San Diego-based company—unveiled the Revolve hybrid microscope, a digital, all-in-one microscope. The innovative microscope integrates the features of upright microscope and an inverted microscope. It is used primarily in clinical laboratories and by cancer and stem cell scientists to capture high resolution images and it also provides cloud storage to allow the remotely maintain, manage and backed up images taken by the microscope.

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In October 2017, Beckman Coulter, Inc. introduced next generation, refrigerated, high-speed benchtop centrifuge-Avanti J-15 Series. It allows to improve operational efficiency and saves time by shortening workflows. These technology and product advancements helps to boost the laboratory equipment market in future.

Some of the key players in the laboratory equipment market are Thermo Fisher Scientific, Inc., Merck KGaA, Beckman Coulter, Inc., Danaher Corporation, Shimadzu Corporation, PerkinElmer, Inc. and Agilent Technologies.

Laboratory equipment includes important aspects in healthcare, medical and pharmaceutical research study. These equipment are getting smaller and smaller as new technologies are eliminating these equipment like series of pumps and valves which are required to store samples. New technologies includes recent advancements in fluidic components which are capable of integrating multiple laboratory functions into a single chip requiring smaller amounts of samples.

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According to World Health Organization (WHO), noncommunicable disease leads to cause 40 million deaths each year, which is equivalent to 70% of all deaths worldwide. Cardiovascular diseases account for most of NCD mortality (17.7 million) annually, followed by cancer (8.8 million), respiratory disease (3.9 million) and diabetes (1.6 million).

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