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Worldwide Laboratory Balances and Scales Industry to 2029 - by Product, End-user and Region

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Dublin, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The "Laboratory Balances and Scales Market Analysis by Product, by End user, and by Region - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

The laboratory balances and scales market size is estimated to be USD 1.5 billion in 2021 and is expected to witness a CAGR of 5.73% during the forecast period 2022-2029.

The technological improvements in laboratory & balances & scales, rising public awareness of the need for strict food safety regulations, and development of pharma-biotech companies' research pipelines are projected to drive the market growth in near future. However, availability of less substitutes among end user are expected to restrain the market growth.

By Product

Based on product, the market is segregated into analytical balances, bench scales, micro & ultra micro balances, counting scales, top loading/precision balances, compact scales, moisture balances, lab scales, portable/compact balances, lab balances, and others. In 2021, the lab balances segment accounted for the highest revenue share owing to the increasing research pipeline and improved regulatory compliance for product quality, which translate into more lab balances utilisation.

By End user

On the basis of end user, the market is divided into pharmaceutical, cosmeceutical, and biotechnology products testing laboratories, food & beverages testing laboratories, research laboratories, and academic institutes, petroleum product testing laboratories, chemical and material testing laboratories, and other end users. In 2021, the pharmaceutical, cosmeceutical, and biotechnology products testing laboratories segment accounted for the highest revenue share due to the increasing research pipeline and improved regulatory compliance for product quality, which translate into more lab balances utilisation.

Regional Markets

In 2021, North America region accounted for the highest revenue in the laboratory balances and scales market and is expected to maintain its dominance during the forecast period. This is attributed to stringent regulatory guidance and extensive regulatory compliance for product quality among target end user industries, and the robust existence of multiple market players in the region.

Competitor Insights

Some of the key players operating in the laboratory balances and scales market are A&D Company, Ltd (Japan), Metler Toledo international, Inc. (US), Sartorius AG (Germany), and Shimadzu Corporation (Japan), PCE Instruments (UK), Kern & Sohn GmbH (Germany), RADWAG Balances and Scales (Poland), Adam Equipment Co. (UK), Avery Weigh-Tronix, LLC (UK), Bonso Electronics International, Inc. (China), Essae Group (India), Gram Precision S.L (Spain), Humboldt Scientific, Inc. (US), Scientech, Inc. (US), and Danaher Corporation (US).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including product and end user from 2021 to 2029.

Key Topics Covered:

1. Research Methodology

2. Introduction: Breast Imaging

3. Executive Summary

4. Market Dynamics
4.1. Market Drivers
4.2.Market Restraint
4.3.Market Opportunities
4.4.Market Trends
4.5.Market Challenges

5. Market Environment Analysis
5.1.Porter's 5 Forces Analysis
5.2.PESTEL Analysis
5.3.Value Chain Analysis
5.4.SWOT Analysis
5.5.Benchmark

6. COVID-19 Impact Analysis: Laboratory Balances and Scales Market
6.1.COVID-19: Overview
6.2.COVID-19 Impact on the Global Market
6.3.COVID-19 Impact on the Regional Markets

7. Market Analysis by Product
7.1.Analytical Balances
7.1.1.Analytical Balances Market Forecast, 2021-2029 (USD Million)
7.2.Bench Scales
7.2.1.Bench Scales Market Forecast, 2021-2029 (USD Million)
7.3.Micro & Ultra Micro Balances
7.3.1.Micro & Ultra Micro Balances Market Forecast, 2021-2029 (USD Million)
7.4.Counting Scales
7.4.1.Counting Scales Market Forecast, 2021-2029 (USD Million)
7.5.Top Loading/Precision Balances
7.5.1.Top Loading/Precision Balances Market Forecast, 2021-2029 (USD Million)
7.6.Compact Scales
7.6.1.Compact Scales Market Forecast, 2021-2029 (USD Million)
7.7.Moisture Balances
7.7.1.Moisture Balances Market Forecast, 2021-2029 (USD Million)
7.8.Lab Scales
7.8.1.Lab Scales Market Forecast, 2021-2029 (USD Million)
7.9.Portable/Compact Balances
7.9.1.Portable/Compact Balances Market Forecast, 2021-2029 (USD Million)
7.10.Lab Balances
7.10.1.Lab Balances Market Forecast, 2021-2029 (USD Million)
7.11.Others
7.11.1.Others Market Forecast, 2021-2029 (USD Million)

8. Market Analysis by End User
8.1.Food & Beverages Testing Laboratories
8.1.1.Food & Beverages Testing Laboratories Market Forecast, 2021-2029 (USD Million)
8.2.Research Laboratories & Academic Institutes
8.2.1.Research Laboratories & Academic Institutes Market Forecast, 2021-2029 (USD Million)
8.3.Petroleum Product Testing Laboratories
8.3.1.Petroleum Product Testing Laboratories Market Forecast, 2021-2029 (USD Million)
8.4.Chemical and Material Testing laboratories
8.4.1.Chemical and Material Testing laboratories Market Forecast, 2021-2029 (USD Million)
8.5.Other End Users
8.5.1.Other End Users Market Forecast, 2021-2029 (USD Million)

9. Regional Market Analysis
9.1.Regional Market Trends
9.2.Regional Market: Comparative Analysis

10. North America Laboratory Balances and Scales Market

11. Europe Laboratory Balances and Scales Market

12. Asia Pacific Laboratory Balances and Scales Market

13. Latin America Laboratory Balances and Scales Market

14. MEA Laboratory Balances and Scales Market

15. Competitor Analysis
15.1.Market Share Analysis, 2021 & 2029
15.2.Competitive Mapping
15.3.Key Players Market Place Analysis
15.4.Major Recent Developments

16. Company Profiles
16.1.A&D Company, Ltd (Japan)
16.1.1.Company Snapshot
16.1.2.Company Overview
16.1.3.Financials
16.1.4.Product Benchmarking
16.1.5.Recent Developments
16.2.Metler Toledo international, Inc. (US)
16.2.1.Company Snapshot
16.2.2.Company Overview
16.2.3.Financials
16.2.4.Product Benchmarking
16.2.5.Recent Developments
16.3.Sartorius AG (Germany)
16.3.1.Company Snapshot
16.3.2.Company Overview
16.3.3.Financials
16.3.4.Product Benchmarking
16.3.5.Recent Developments
16.4.Shimadzu Corporation (Japan)
16.4.1.Company Snapshot
16.4.2.Company Overview
16.4.3.Financials
16.4.4.Product Benchmarking
16.4.5.Recent Developments
16.5.PCE Instruments (UK)
16.5.1.Company Snapshot
16.5.2.Company Overview
16.5.3.Financials
16.5.4.Product Benchmarking
16.5.5.Recent Developments
16.6.Kern & Sohn GmbH (Germany)
16.6.1.Company Snapshot
16.6.2.Company Overview
16.6.3.Financials
16.6.4.Product Benchmarking
16.6.5.Recent Developments
16.7.RADWAG Balances and Scales (Poland)
16.7.1.Company Snapshot
16.7.2.Company Overview
16.7.3.Financials
16.7.4.Product Benchmarking
16.7.5.Recent Developments
16.8.Adam Equipment Co. (UK)
16.8.1.Company Snapshot
16.8.2.Company Overview
16.8.3.Financials
16.8.4.Product Benchmarking
16.8.5.Recent Developments
16.9.Avery Weigh-Tronix, LLC (UK)
16.9.1.Company Snapshot
16.9.2.Company Overview
16.9.3.Financials
16.9.4.Product Benchmarking
16.9.5.Recent Developments
16.10.Bonso Electronics International, Inc. (China)
16.10.1.Company Snapshot
16.10.2.Company Overview
16.10.3.Financials
16.10.4.Product Benchmarking
16.10.5.Recent Developments
16.11.Essae Group (India)
16.11.1.Company Snapshot
16.11.2.Company Overview
16.11.3.Financials
16.11.4.Product Benchmarking
16.11.5.Recent Developments
16.12.Gram Precision S.L (Spain)
16.12.1.Company Snapshot
16.12.2.Company Overview
16.12.3.Financials
16.12.4.Product Benchmarking
16.12.5.Recent Developments
16.13.Humboldt Scientific, Inc. (US)
16.13.1.Company Snapshot
16.13.2.Company Overview
16.13.3.Financials
16.13.4.Product Benchmarking
16.13.5.Recent Developments
16.14.Scientech, Inc. (US)
16.14.1.Company Snapshot
16.14.2.Company Overview
16.14.3.Financials
16.14.4.Product Benchmarking
16.14.5.Recent Developments
16.15. Danaher Corporation (US)
16.15.1.Company Snapshot
16.15.2.Company Overview
16.15.3.Financials
16.15.4.Product Benchmarking
16.15.5.Recent Developments
16.16.Others Prominent Players

17. Conclusion & Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/vczlxb

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