Global Market Size of Laboratory Balances Market – 10 Year Market Forecast

Healthcare

Laboratory Balances Market Size Forecast 2022-2029

 

Laboratory Balances is estimated to have a market size of USD 2.38 Billion in the year 2022 and is expected to reach USD 3 Billion by the year 2029, giving a CAGR of 3%. Regulations to enhance product safety compliance in pharmaceuticals is likely to help the market grow. However, higher durability of these balances and scales can cause restraint in the growth of the market.

Frequently Asked Questions(FAQ)

• By product, which sub segment is projected to grow at the highest rate during the forecast period?

• By product, lab balances segment is projected to grow at the highest rate during the forecast period.
• By end user, which sub segment is projected to be the largest contributor to the market?

• By end user, pharmaceutical, cosmeceutical and biotechnology product testing is projected to be the largest contributor to the market.
• Which region is expected to have the largest share during the forecast period?

• North America is expected to have the largest share during the forecast period.
• Who are the key players of this market?

• A&D Company Ltd. (Japan), Metler Toledo international Inc. (US), and Sartorius AG (Germany) are some of the key players of this market.
• What is Global Market Database?

• Global Market Database studies the ongoing trends within the market and updates the market information on a quarterly basis.

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