New York, March 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Labware Market – Global Outlook & Forecast 2022-2027” – https://www.reportlinker.com/p06244050/?utm_source=GNW
Numerous manufacturers of laboratory glassware majorly rely on exports for commercial accomplishment.
Factors such as the increasing number of R&D laboratories, rising demand for plasticware and glassware products for clinical use in hospitals and forensic laboratories as they are lightweight, recyclable, cost-effective, and non-breakable, and government support in the field of pharmaceutical and drug discovery are anticipated to be the key drivers for the growth of the global labware market in the coming years.
MARKET GROWTH ENABLERS
• Increasing Demand for Plastic Labware
• Rising Research in Biotechnology & Pharmaceutical Industries
• Investment in Plastic Labware
LABWARE MARKET SEGMENTS
By end-user, the market is classified into research & academic institutions, hospitals & diagnostic centers, biotechnology industry & pharmaceutical, contract research organizations, food & beverage industry, and others. The research & academic institutions segment is the largest segment and accounted for a revenue share of 30.18% in 2021.
The pipettes segment dominated the market and accounted for a highest share in 2021.
Segmentation by Product
• Pipettes
• Burettes
• Beakers
• Flasks
• Test Tubes
• Others
Segmentation by Material Type
• Plasticware
•…
