Pune, India -- (SBWire) -- 02/15/2019 --With growing automation and increasing processes of diagnosis for disease identification, rises the demand for equipment maintenance and service. Due to high costs of equipment, to obtain economies of scale companies tend to obtain their break even through maintenance of equipment in order to achieve longer life of the equipment. To limit the general effect of instrument downtime, loss of product, and administration interference, research facility gear upkeep is utilized. An effective research center support technique requires an intensive comprehension of indicative inclusion, resource esteem, existing administration legally binding assentions, dynamic guarantee inclusion, archiving and checking kinds of hardware disappointment and guaranteeing generally upkeep administration and seller observing practices.
Global Laboratory Equipment Services Market Statistical Overview Report gives an outstanding tool for market Survey, openings, and vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario, up-coming data on the basis of Laboratory Equipment Services Market research execution and settles on basic choices for development and benefit. It gives data on Laboratory Equipment Services Market trends and advancements and sheds light on various sectors, limitations and advancements, and on the evolving structure of the market.
The Global Laboratory Equipment Services Market is expected to reach USD 14.71 billion by 2025, from USD 7.12 billion in 2017 growing at a CAGR of 9.5% during the forecast period of 2018 to 2025.
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Key Players/Competitors/Vendors: The report offers a complete analysis of various companies including
Siemens, Danaher Corporation, Agilent Technologies, Waters Corporation, Ortho Clinical Diagnostics, Pace Analytical, Roche, Beckman Coulter, Getinge, PerkinElmer, Inc., BD, Abcam, LivaNova, Quidel, Alere Inc., Merck KGaA, Darmstadt, Germany, Bio-Rad Laboratories, Hettich Instruments, ERBA Diagnostics Mannheim GmbH, LifeSign LLC, Beckman Coulter Life Sciences, Abbott Diagnostics Business, SHIMADZU CORPORATION, Eppendorf Group, Inova Diagnostics, A Werfen Company, Guangzhou Wondfo Biotech Co., Ltd., MBL International Corporation.
Major Market Drivers and Restraints: Global Laboratory Equipment Services Market
- Increasing demand for new technologies in laboratory automation.
- Increasing emphasis on R&D Activities in pharmaceutical and biotechnology industries.
- Increasing need for effective and efficient diagnosis of diseases.
- Emerging Asia Pacific market has a lot of opportunities.
- High costs involved in standing required infrastructure.
- Limitation in innovation concepts and technology.
Key Segmentation of Global Laboratory Equipment Services Market
By Geography
- Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- South America (Brazil, Argentina, Rest of South America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).
- North America (US, Canada, Mexico) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
- Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
Based on service type
- repair and maintenance,
- calibration,
- validation and other Services
Based on equipment type
- analytical equipment,
- general equipment,
- support equipment and
- specialty equipment
Based on service contract
- standardized and
- customized
Based on service provider
- original equipment manufacturers,
- third-party service agencies and others
Based on end user
- Pharmaceutical and biotechnology companies,
- clinical and diagnostic laboratories and academic institutes
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The report offers advice from key industry experts on how these challenges can be overcome. A major chunk of the report talks about the technologies that are and will influence the growth of the Laboratory Equipment Services Market. Forecasts for these technology sectors are presented in the report. Companies that offers the latest integrated technologies at an affordable cost are expected to thrive in the market.
The dominating Factors in the market along with the upcoming technologies that are expected to revolutionize the market are explained in the report.
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Global Laboratory Equipment Services Market Business Strategies, Market Overview & Outlook by 2025 - Key Players Are BD, Abcam, LivaNova, Quidel, Alere Inc., Merck KGaA
The Global Laboratory Equipment Services Market is expected to reach USD 14.71 billion by 2025, from USD 7.12 billion in 2017 growing at a CAGR of 9.5% during the forecast period of 2018 to 2025.