Laboratory Disposable Products Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type, Material, End-User, and Region.

Laboratory Disposable Products Market was valued at US$ 14.1 Bn. in 2020. Global Laboratory Disposable Products Market size is estimated to grow at a CAGR of 5.4% over the forecast period.

Laboratory Disposable Products Market Overview:

A disposable is a product that is intended to be used once and then recycled or discarded as solid trash. Disposable products are generally prepared from most common materials, such as paper, polystyrene foam, plastic, and cotton. They've been found in a variety of labs, including research labs, clinical diagnostic labs, pathology labs, microbiology labs, and educational labs to perform research, scientific experiments, and analyses of various scientific materials. Laboratory disposables are a type of consumable product that helps to keep laboratories clean. In research experiments and diagnostic tests, laboratory disposables produce better results. As these products are not reusable, they help to eliminate the need for reprocessing. Laboratory disposables are sterile or non-sterile, designed to function with a variety of materials, suited for keeping a variety of samples, and chemically resistant. Laboratory Disposable Products Market To know about the Research Methodology :- Request Free Sample Report

Laboratory Disposable Products Market Dynamics:

The laboratory disposable products market is showing northward direction growth, thanks to an increase in demand for plastics in the health care industry due to several advantages such as cost-effectiveness, lightweight, adaptability, and biocompatibility. Disposable products offer greater patient safety and aid to prevent infectious diseases and product contamination. In addition, favorable laboratory policy insurance policies along with an increase in life and biotechnology research, drive market growth. Aside from that, continued healthcare research and development, an increase in the number of chronic diseases, an increase in the number of laboratories, and technical improvements are all driving the laboratory disposable goods market throughout the forecast period. The rising prevalence of infectious diseases such as HIV, Ebola, tuberculosis, and others are propelling the Laboratory Disposables products Market growth. According to the World Health Organization, around 1.4 million people are infected with tuberculosis (TB), which is raising demand for treatment equipment and disposable products, which are expected to drive the Laboratory Disposables Market growth throughout the forecast period. High expenses of advanced technology laboratory equipment and a scarcity of clinical laboratories are expected to hamper the market growth during the forecast period. Nonetheless, the global acceptance of clinical diagnostics testing is increasing, and the market potential in developing nations, such as India and China is strong, which is providing profitable opportunities for market growth during the forecast period. Strategies Adopted across the globe to Offer Lucrative Opportunities for Laboratory Disposable Products Market: • Companies across the globe in the laboratory disposable goods market are focusing on providing unique products and technology to meet the needs of the medical community and patient population. To strengthen their position in the worldwide market, leading players focus on research and development and engage in acquisitions, mergers, and collaborations. • The BD Intevia 1mL two-step disposable autoinjector, a sturdy platform device integrating autoinjector and pre-fillable syringe in one integrated system, was launched in October 2019 by BD, a prominent worldwide medical technology firm. • Owing to an increase in patient population, an increase in chronic diseases, an increase in government initiatives in the health care sector, an increase in the number of laboratories, and an increase in research and development activities, emerging economies offer lucrative opportunities for the laboratory disposable products market.

Laboratory Disposable Products Market Segment Analysis:

Based on the Type, the Laboratory Disposable Products Market is segmented into Specimen Containers, Transport Vials, Collection and Transport Swabs, and Tissue Collectors. The Specimen Containers segment held the largest market share, accounting for 42.7% in 2020. The Specimen Containers have a vital role in all laboratory tasks, which is driving the market growth for this segment. The growing adoption of the product in laboratory testing across the globe along with technological advancements in the equipment leads to better results of the analysis. Laboratory Disposable Products Market Based on the End User, the Laboratory Disposable Products Market is segmented into Diagnostics laboratories, Pathology labs, and Academic and research institutes. The Diagnostics laboratories segment held the largest market share, accounting for 38.66% in 2020. The segment growth is attributed to the diagnostics laboratories' convenient accessibility and larger selling capacity. In addition, patients across the globe prefer diagnostics laboratories due to the availability of skilled professionals, and the government is taking steps to improve laboratories, which are also expected to boost the market's growth throughout forecast period.

Laboratory Disposable Products Market Regional Insights:

North America region held the largest market share accounted for 53.2% in 2020. The region’s growth is attributed to increased investment for research & development activities in the region. The growing patient pool, more awareness, developments in R&D for improvement, and the introduction of new advanced product launches are driving the laboratory disposable products market growth in the region. Asia Pacific region is expected to witness rapid growth at a CAGR of 5.31% during the forecast period. The enhanced medical infrastructure, a big elderly population, higher awareness, the development of new and cost-effective products, and a rise in healthcare expenditure, are driving the market growth in Asia Pacific region. In addition, growing purchasing power and developing healthcare infrastructure, are also increasing market growth in the region. The objective of the report is to present a comprehensive analysis of the global Laboratory Disposable Products Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Laboratory Disposable Products Market dynamic, structure by analyzing the market segments and projecting the Laboratory Disposable Products Market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the Laboratory Disposable Products Market make the report investor’s guide.

Laboratory Disposable Products Market Scope: Inquiry Before Buying

Laboratory Disposable Products Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 14.1 Bn.
Forecast Period 2021 to 2027 CAGR: 5.4% Market Size in 2027: US $ 20.4 Bn.
Segments Covered: by Type • Specimen Containers • Transport Vials • Collection and Transport Swabs • Tissue Collectors
by Material • Glass • Plastic
by End User • Diagnostics laboratories • Pathology labs • Academic and research institutes

Global Laboratory Disposable Products Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Global Laboratory Disposable Products Market Key Players

Cardinal Health • Medline Industries, Inc. • BD • McKesson Corporation • Thermo Fisher Scientific, Inc. • Gerresheimer AG • Perkin Elmer, Inc. • QIAGEN • Bio-Rad Laboratories, Inc. • Agilent Technologies, Inc. • Dynarex Corporation • Top Glove • Hartalega • Kossan • Ansell • Semperit • Supermax Frequently Asked Questions: 1] What segments are covered in the Laboratory Disposable Products Market report? Ans. The segments covered in the Laboratory Disposable Products Market report are based on Type, Material, and End User. 2] Which region is expected to hold the highest share in the Laboratory Disposable Products Market? Ans. The North America region is expected to hold the highest share in the Laboratory Disposable Products Market. 3] What is the market size volume of the Laboratory Disposable Products Market by 2027? Ans. The market size of the Laboratory Disposable Products Market by 2027 is expected to reach at US$ 20.4 Bn. 4] What is the forecast period for the Laboratory Disposable Products Market? Ans. The forecast period for the Laboratory Disposable Products Market is 2020-2027. 5] What was the market size volume of the Laboratory Disposable Products Market in 2020? Ans. The market size of the Laboratory Disposable Products Market in 2020 was valued at US$ 14.1 Bn.
1. Global Laboratory Disposable Products Market Size: Research Methodology 2. Global Laboratory Disposable Products Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Laboratory Disposable Products Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Laboratory Disposable Products Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Laboratory Disposable Products Market Size Segmentation 4.1. Global Laboratory Disposable Products Market Size, by Type (2020-2027) • Specimen Containers • Transport Vials • Collection and Transport Swabs • Tissue Collectors 4.2. Global Laboratory Disposable Products Market Size, by Material (2020-2027) • Glass • Plastic 4.3. Global Laboratory Disposable Products Market Size, by End User (2020-2027) • Diagnostics laboratories • Pathology labs • Academic and research institutes 5. North America Laboratory Disposable Products Market (2020-2027) 5.1. Global Laboratory Disposable Products Market Size, by Type (2020-2027) • Specimen Containers • Transport Vials • Collection and Transport Swabs • Tissue Collectors 5.2. Global Laboratory Disposable Products Market Size, by Material (2020-2027) • Glass • Plastic 5.3. Global Laboratory Disposable Products Market Size, by End User (2020-2027) • Diagnostics laboratories • Pathology labs • Academic and research institutes 5.4. North America Laboratory Disposable Products Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Laboratory Disposable Products Market (2020-2027) 6.1. European Laboratory Disposable Products Market, by Type (2020-2027) 6.2. European Laboratory Disposable Products Market, by Material (2020-2027) 6.3. European Laboratory Disposable Products Market, by End User (2020-2027) 6.4. European Laboratory Disposable Products Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Laboratory Disposable Products Market (2020-2027) 7.1. Asia Pacific Laboratory Disposable Products Market, by Type (2020-2027) 7.2. Asia Pacific Laboratory Disposable Products Market, by Material (2020-2027) 7.3. Asia Pacific Laboratory Disposable Products Market, by End User (2020-2027) 7.4. Asia Pacific Laboratory Disposable Products Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Laboratory Disposable Products Market (2020-2027) 8.1. The Middle East and Africa Laboratory Disposable Products Market, by Type (2020-2027) 8.2. The Middle East and Africa Laboratory Disposable Products Market, by Material (2020-2027) 8.3. The Middle East and Africa Laboratory Disposable Products Market, by End User (2020-2027) 8.4. The Middle East and Africa Laboratory Disposable Products Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Laboratory Disposable Products Market (2020-2027) 9.1. Latin America Laboratory Disposable Products Market, by Type (2020-2027) 9.2. Latin America Laboratory Disposable Products Market, by Material (2020-2027) 9.3. Latin America Laboratory Disposable Products Market, by End User (2020-2027) 9.4. Latin America Laboratory Disposable Products Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Cardinal Health 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Medline Industries, Inc. 10.3. BD 10.4. McKesson Corporation 10.5. Thermo Fisher Scientific, Inc. 10.6. Gerresheimer AG 10.7. Perkin Elmer, Inc. 10.8. QIAGEN 10.9. Bio-Rad Laboratories, Inc. 10.10. Agilent Technologies, Inc. 10.11. Dynarex Corporation 10.12. Top Glove 10.13. Hartalega 10.14. Kossan 10.15. Ansell 10.16. Semperit 10.17. Supermax

About This Report

Report ID 84514
Category Healthcare
Published Date March 2021
Updated Date Jan 2022
Contact Us