Global Laboratory Balances and Scales Industry – GlobeNewswire

Global Laboratory Balances and Scales Industry – GlobeNewswire

New York, July 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Laboratory Balances and Scales Industry” – https://www.reportlinker.com/p05443596/?utm_source=GNW
4 Billion by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027.Pharma & Biotech, one of the segments analyzed in the report, is projected to grow at a 2.9% CAGR to reach US$471.9 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Academia segment is readjusted to a revised 1.8% CAGR for the next 7-year period. This segment currently accounts for a 21.7% share of the global Laboratory Balances and Scales market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 4.6% CAGR for the Period of 2020-2027
The Laboratory Balances and Scales market in the U.S. is estimated at US$319.7 Million in the year 2020. The country currently accounts for a 27.04% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$279 Million in the year 2027 trailing a CAGR of 4.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$279 Million by the year 2027.

Food Segment Corners a 6% Share in 2020
In the global Food segment, USA, Canada, Japan, China and Europe will drive the 2.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$53.6 Million in the year 2020 will reach a projected size of US$65 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$190 Million by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period. We bring years of research experience to this 19th edition of our report. The 172-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

  • A&D Company Ltd
  • Adam Equipment Co. Ltd
  • Avery Weigh-Tronix LLC
  • Bonso Electronics International Inc.
  • CAS – USA Corp
  • Contech Instruments Ltd
  • Kern & Sohn GmbH
  • Mettler Toledo International Inc.
  • OHAUS Corporation
  • Panomex Inc.
  • RADWAG Balances and Scales
  • Sartorius AG
  • Scientech Inc.
  • Setra Systems Inc.
  • Shimadzu UK Limited

Read the full report: https://www.reportlinker.com/p05443596/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Balances and Scales: Essential Equipment for Accurate &
Reliable Lab Operations
Recent Market Activity
Bright Prospects Ahead for Laboratory Balances and Scales Market
Developed Regions: Primary Consumers of Laboratory Balances and
Scales
Fast Paced Growth on the Cards in Developing Regions
Key Factors Influencing Demand for Laboratory Technologies in
Developing Regions
A Growing Biotech Sector
Rising Healthcare Awareness
Increased Access to Healthcare
Proliferation of Medical Tourism
Global Competitor Market Shares
Laboratory Balances and Scales Competitor Market Share Scenario
Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
A&D Company Ltd. (Japan)
Adam Equipment Co. Ltd. (UK)
Bonso Electronics International, Inc. (Hong Kong)
Contech Instruments Ltd. (India)
Gram Precision S.L (Spain)
Kern & Sohn GmbH (Germany)
Mettler Toledo International, Inc. (USA)
OHAUS Corporation (USA)
Panomex, Inc. (India)
RADWAG Balances and Scales (Poland)
Sartorius AG (Germany)
Scientech, Inc. (USA)
Setra Systems Inc. (USA)
Shimadzu UK Ltd. (UK)

3. MARKET TRENDS & DRIVERS
Pharmaceutical Industry: Largest End-User of Lab Balances & Scales
Increased Spending in Pharmaceutical R&D Sector – Opportunity
for Lab Balances & Scales Market
Analytical Balance – A Vital Cog in Pharmaceutical Lab Operations
Pharmaceutical Compounding – High Significance of Precision Lab
Balances
Revised Weighing Guidelines Aim at Reducing Unwarranted Testing
Food Industry: Rising Significance of Lab Balances for
Regulatory Compliance & Food Safety
Forensic Laboratories – An Emerging & Promising Application
Market for Lab Balances
Chemistry Labs Rely on Balances and Scales for Efficient
Operations
Balances and Scales Remain Highly Relevant in Cosmetic Labs
Reliability, Durability & Precision – Key Factors Considered in
Purchasing Decisions of Customers
Technological Advancements Causing Surge in Replacement Demand
Sales of New and Improved Models on Northbound Trajectory
Regular Maintenance & Calibration: Keys to an Effective Lab
Balance
Calibration: An Often Overlooked but Vital Necessity
Uptrend in Academic Research Sector to Foster Demand for
Laboratory Balances and Scales
High Significance of Lab Balances & Scales in Food Safety Testing
Software-Enabled Balances and Scales: High in Demand

4. GLOBAL MARKET PERSPECTIVE
Table 1: Laboratory Balances and Scales Global Market Estimates
and Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 2: Laboratory Balances and Scales Global Retrospective
Market Scenario in US$ Thousand by Region/Country: 2012-2019

Table 3: Laboratory Balances and Scales Market Share Shift
across Key Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: Pharma & Biotech (End-Use) Global Opportunity
Assessment in US$ Thousand by Region/Country: 2020-2027

Table 5: Pharma & Biotech (End-Use) Historic Sales Analysis in
US$ Thousand by Region/Country: 2012-2019

Table 6: Pharma & Biotech (End-Use) Percentage Share Breakdown
of Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Academia (End-Use) Worldwide Sales in US$ Thousand by
Region/Country: 2020-2027

Table 8: Academia (End-Use) Historic Demand Patterns in US$
Thousand by Region/Country: 2012-2019

Table 9: Academia (End-Use) Market Share Shift across Key
Geographies: 2012 VS 2020 VS 2027

Table 10: Food (End-Use) Global Market Estimates & Forecasts in
US$ Thousand by Region/Country: 2020-2027

Table 11: Food (End-Use) Retrospective Demand Analysis in US$
Thousand by Region/Country: 2012-2019

Table 12: Food (End-Use) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027

Table 13: Chemicals (End-Use) Demand Potential Worldwide in US$
Thousand by Region/Country: 2020-2027

Table 14: Chemicals (End-Use) Historic Sales Analysis in US$
Thousand by Region/Country: 2012-2019

Table 15: Chemicals (End-Use) Share Breakdown Review by
Region/Country: 2012 VS 2020 VS 2027

Table 16: Other End-Uses (End-Use) Worldwide Latent Demand
Forecasts in US$ Thousand by Region/Country: 2020-2027

Table 17: Other End-Uses (End-Use) Global Historic Analysis in
US$ Thousand by Region/Country: 2012-2019

Table 18: Other End-Uses (End-Use) Distribution of Global Sales
by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Laboratory Balances and Scales Market Share (in %) by
Company: 2020 & 2025
Market Analytics
Table 19: United States Laboratory Balances and Scales Latent
Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027

Table 20: Laboratory Balances and Scales Historic Demand
Patterns in the United States by End-Use in US$ Thousand for
2012-2019

Table 21: Laboratory Balances and Scales Market Share Breakdown
in the United States by End-Use: 2012 VS 2020 VS 2027

CANADA
Table 22: Canadian Laboratory Balances and Scales Market
Quantitative Demand Analysis in US$ Thousand by End-Use: 2020
to 2027

Table 23: Laboratory Balances and Scales Market in Canada:
Summarization of Historic Demand Patterns in US$ Thousand by
End-Use for 2012-2019

Table 24: Canadian Laboratory Balances and Scales Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

JAPAN
Table 25: Japanese Demand Estimates and Forecasts for
Laboratory Balances and Scales in US$ Thousand by End-Use: 2020
to 2027

Table 26: Japanese Laboratory Balances and Scales Market in US$
Thousand by End-Use: 2012-2019

Table 27: Laboratory Balances and Scales Market Share Shift in
Japan by End-Use: 2012 VS 2020 VS 2027

CHINA
Table 28: Chinese Demand for Laboratory Balances and Scales in
US$ Thousand by End-Use: 2020 to 2027

Table 29: Laboratory Balances and Scales Market Review in China
in US$ Thousand by End-Use: 2012-2019

Table 30: Chinese Laboratory Balances and Scales Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027

EUROPE
Market Facts & Figures
European Laboratory Balances and Scales Market: Competitor
Market Share Scenario (in %) for 2020 & 2025
Market Analytics
Table 31: European Laboratory Balances and Scales Market Demand
Scenario in US$ Thousand by Region/Country: 2020-2027

Table 32: Laboratory Balances and Scales Market in Europe:
A Historic Market Perspective in US$ Thousand by Region/Country
for the Period 2012-2019

Table 33: European Laboratory Balances and Scales Market Share
Shift by Region/Country: 2012 VS 2020 VS 2027

Table 34: European Laboratory Balances and Scales Addressable
Market Opportunity in US$ Thousand by End-Use: 2020-2027

Table 35: Laboratory Balances and Scales Market in Europe:
Summarization of Historic Demand in US$ Thousand by End-Use for
the Period 2012-2019

Table 36: European Laboratory Balances and Scales Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

FRANCE
Table 37: Laboratory Balances and Scales Quantitative Demand
Analysis in France in US$ Thousand by End-Use: 2020-2027

Table 38: French Laboratory Balances and Scales Historic Market
Review in US$ Thousand by End-Use: 2012-2019

Table 39: French Laboratory Balances and Scales Market Share
Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and
2027

GERMANY
Table 40: Laboratory Balances and Scales Market in Germany:
Annual Sales Estimates and Forecasts in US$ Thousand by End-Use
for the Period 2020-2027

Table 41: German Laboratory Balances and Scales Market in
Retrospect in US$ Thousand by End-Use: 2012-2019

Table 42: Laboratory Balances and Scales Market Share
Distribution in Germany by End-Use: 2012 VS 2020 VS 2027

ITALY
Table 43: Italian Demand for Laboratory Balances and Scales in
US$ Thousand by End-Use: 2020 to 2027

Table 44: Laboratory Balances and Scales Market Review in Italy
in US$ Thousand by End-Use: 2012-2019

Table 45: Italian Laboratory Balances and Scales Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED KINGDOM
Table 46: United Kingdom Demand Estimates and Forecasts for
Laboratory Balances and Scales in US$ Thousand by End-Use: 2020
to 2027

Table 47: United Kingdom Laboratory Balances and Scales Market
in US$ Thousand by End-Use: 2012-2019

Table 48: Laboratory Balances and Scales Market Share Shift in
the United Kingdom by End-Use: 2012 VS 2020 VS 2027

SPAIN
Table 49: Spanish Laboratory Balances and Scales Market
Quantitative Demand Analysis in US$ Thousand by End-Use: 2020
to 2027

Table 50: Laboratory Balances and Scales Market in Spain:
Summarization of Historic Demand Patterns in US$ Thousand by
End-Use for 2012-2019

Table 51: Spanish Laboratory Balances and Scales Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

RUSSIA
Table 52: Russian Laboratory Balances and Scales Latent Demand
Forecasts in US$ Thousand by End-Use: 2020 to 2027

Table 53: Laboratory Balances and Scales Historic Demand
Patterns in Russia by End-Use in US$ Thousand for 2012-2019

Table 54: Laboratory Balances and Scales Market Share Breakdown
in Russia by End-Use: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 55: Rest of Europe Laboratory Balances and Scales
Addressable Market Opportunity in US$ Thousand by End-Use:
2020-2027

Table 56: Laboratory Balances and Scales Market in Rest of
Europe: Summarization of Historic Demand in US$ Thousand by
End-Use for the Period 2012-2019

Table 57: Rest of Europe Laboratory Balances and Scales Market
Share Analysis by End-Use: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 58: Asia-Pacific Laboratory Balances and Scales Market
Estimates and Forecasts in US$ Thousand by Region/Country:
2020-2027

Table 59: Laboratory Balances and Scales Market in
Asia-Pacific: Historic Market Analysis in US$ Thousand by
Region/Country for the Period 2012-2019

Table 60: Asia-Pacific Laboratory Balances and Scales Market
Share Analysis by Region/Country: 2012 VS 2020 VS 2027

Table 61: Laboratory Balances and Scales Quantitative Demand
Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027

Table 62: Asia-Pacific Laboratory Balances and Scales Historic
Market Review in US$ Thousand by End-Use: 2012-2019

Table 63: Asia-Pacific Laboratory Balances and Scales Market
Share Analysis: A 17-Year Perspective by End-Use for 2012,
2020, and 2027

AUSTRALIA
Table 64: Laboratory Balances and Scales Market in Australia:
Annual Sales Estimates and Forecasts in US$ Thousand by End-Use
for the Period 2020-2027

Table 65: Australian Laboratory Balances and Scales Market in
Retrospect in US$ Thousand by End-Use: 2012-2019

Table 66: Laboratory Balances and Scales Market Share
Distribution in Australia by End-Use: 2012 VS 2020 VS 2027

INDIA
Table 67: Indian Laboratory Balances and Scales Market
Quantitative Demand Analysis in US$ Thousand by End-Use: 2020
to 2027

Table 68: Laboratory Balances and Scales Market in India:
Summarization of Historic Demand Patterns in US$ Thousand by
End-Use for 2012-2019

Table 69: Indian Laboratory Balances and Scales Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

SOUTH KOREA
Table 70: Laboratory Balances and Scales Market in South Korea:
Recent Past, Current and Future Analysis in US$ Thousand by
End-Use for the Period 2020-2027

Table 71: South Korean Laboratory Balances and Scales Historic
Market Analysis in US$ Thousand by End-Use: 2012-2019

Table 72: Laboratory Balances and Scales Market Share
Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC
Table 73: Rest of Asia-Pacific Demand Estimates and Forecasts
for Laboratory Balances and Scales in US$ Thousand by End-Use:
2020 to 2027

Table 74: Rest of Asia-Pacific Laboratory Balances and Scales
Market in US$ Thousand by End-Use: 2012-2019

Table 75: Laboratory Balances and Scales Market Share Shift in
Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027

LATIN AMERICA
Table 76: Latin American Laboratory Balances and Scales Market
Trends by Region/Country in US$ Thousand: 2020-2027

Table 77: Laboratory Balances and Scales Market in Latin
America in US$ Thousand by Region/Country: A Historic
Perspective for the Period 2012-2019

Table 78: Latin American Laboratory Balances and Scales Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027

Table 79: Latin American Demand for Laboratory Balances and
Scales in US$ Thousand by End-Use: 2020 to 2027

Table 80: Laboratory Balances and Scales Market Review in Latin
America in US$ Thousand by End-Use: 2012-2019

Table 81: Latin American Laboratory Balances and Scales Market
Share Breakdown by End-Use: 2012 VS 2020 VS 2027

ARGENTINA
Table 82: Argentinean Laboratory Balances and Scales
Addressable Market Opportunity in US$ Thousand by End-Use:
2020-2027

Table 83: Laboratory Balances and Scales Market in Argentina:
Summarization of Historic Demand in US$ Thousand by End-Use for
the Period 2012-2019

Table 84: Argentinean Laboratory Balances and Scales Market
Share Analysis by End-Use: 2012 VS 2020 VS 2027

BRAZIL
Table 85: Laboratory Balances and Scales Quantitative Demand
Analysis in Brazil in US$ Thousand by End-Use: 2020-2027

Table 86: Brazilian Laboratory Balances and Scales Historic
Market Review in US$ Thousand by End-Use: 2012-2019

Table 87: Brazilian Laboratory Balances and Scales Market Share
Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and
2027

MEXICO
Table 88: Laboratory Balances and Scales Market in Mexico:
Annual Sales Estimates and Forecasts in US$ Thousand by End-Use
for the Period 2020-2027

Table 89: Mexican Laboratory Balances and Scales Market in
Retrospect in US$ Thousand by End-Use: 2012-2019

Table 90: Laboratory Balances and Scales Market Share
Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA
Table 91: Rest of Latin America Laboratory Balances and Scales
Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to
2027

Table 92: Laboratory Balances and Scales Historic Demand
Patterns in Rest of Latin America by End-Use in US$ Thousand
for 2012-2019

Table 93: Laboratory Balances and Scales Market Share Breakdown
in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027

MIDDLE EAST
Table 94: The Middle East Laboratory Balances and Scales Market
Estimates and Forecasts in US$ Thousand by Region/Country:
2020-2027

Table 95: Laboratory Balances and Scales Market in the Middle
East by Region/Country in US$ Thousand: 2012-2019

Table 96: The Middle East Laboratory Balances and Scales Market
Share Breakdown by Region/Country: 2012, 2020, and 2027

Table 97: The Middle East Laboratory Balances and Scales Market
Quantitative Demand Analysis in US$ Thousand by End-Use: 2020
to 2027

Table 98: Laboratory Balances and Scales Market in the Middle
East: Summarization of Historic Demand Patterns in US$ Thousand
by End-Use for 2012-2019

Table 99: The Middle East Laboratory Balances and Scales Market
Share Analysis by End-Use: 2012 VS 2020 VS 2027

IRAN
Table 100: Iranian Demand Estimates and Forecasts for
Laboratory Balances and Scales in US$ Thousand by End-Use: 2020
to 2027

Table 101: Iranian Laboratory Balances and Scales Market in US$
Thousand by End-Use: 2012-2019

Table 102: Laboratory Balances and Scales Market Share Shift in
Iran by End-Use: 2012 VS 2020 VS 2027

ISRAEL
Table 103: Israeli Laboratory Balances and Scales Addressable
Market Opportunity in US$ Thousand by End-Use: 2020-2027

Table 104: Laboratory Balances and Scales Market in Israel:
Summarization of Historic Demand in US$ Thousand by End-Use for
the Period 2012-2019

Table 105: Israeli Laboratory Balances and Scales Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027

SAUDI ARABIA
Table 106: Saudi Arabian Demand for Laboratory Balances and
Scales in US$ Thousand by End-Use: 2020 to 2027

Table 107: Laboratory Balances and Scales Market Review in
Saudi Arabia in US$ Thousand by End-Use: 2012-2019

Table 108: Saudi Arabian Laboratory Balances and Scales Market
Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED ARAB EMIRATES
Table 109: Laboratory Balances and Scales Market in the United
Arab Emirates: Recent Past, Current and Future Analysis in US$
Thousand by End-Use for the Period 2020-2027

Table 110: United Arab Emirates Laboratory Balances and Scales
Historic Market Analysis in US$ Thousand by End-Use: 2012-2019

Table 111: Laboratory Balances and Scales Market Share
Distribution in United Arab Emirates by End-Use: 2012 VS 2020
VS 2027

REST OF MIDDLE EAST
Table 112: Laboratory Balances and Scales Market in Rest of
Middle East: Annual Sales Estimates and Forecasts in US$
Thousand by End-Use for the Period 2020-2027

Table 113: Rest of Middle East Laboratory Balances and Scales
Market in Retrospect in US$ Thousand by End-Use: 2012-2019

Table 114: Laboratory Balances and Scales Market Share
Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS
2027

AFRICA
Table 115: African Laboratory Balances and Scales Latent Demand
Forecasts in US$ Thousand by End-Use: 2020 to 2027

Table 116: Laboratory Balances and Scales Historic Demand
Patterns in Africa by End-Use in US$ Thousand for 2012-2019

Table 117: Laboratory Balances and Scales Market Share
Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 25
Read the full report: https://www.reportlinker.com/p05443596/?utm_source=GNW

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