Laboratory Equipment Services Market Growth Trends & Forecast till 2025 

Laboratory Equipment Services Market was expected to grow at a Healthy CAGR during the forecast period.

Jan 28, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Laboratory Equipment Services Market.

It was estimated prior to this unanticipated outbreak that the Laboratory Equipment Services Market was expected to grow at a Healthy CAGR during the forecast period. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Burning Questions This Report Will Answer:

  • Who rules the after sales services market, is it the local distributors, OEMs or buyers prefer Big Brands?

  • How often do the sales manager touch base with their buyers? What is the TAT (Turn Around Time) between service requested and complaint closed?

  • Are there work culture differences in different markets?

  • Who are the most important person or key person in the laboratories? What role does feedback about a company’s product or service play in the laboratory equipment services market? How easy is it to convert a loyalist?

As per a recent survey in 2017-2018, 700 scientists in a particular market participated in the study and shared insights on the choices and trends in the industries. While 52% of the respondents felt that developing the staff’s skill set was the major goal, followed by expanding the laboratory services (49%) while only 42% were concerned about improving the work environment for their staff. Insights like these help an OEM or a third-party service provider reach out to the right audience while educate the others on laboratory equipment after sales services. While the sale of an equipment in a laboratory remains important for any company, maintaining the touch point for sales renewal and reference and added sales are equally important to maintain the company’s market share in that region.

This report deep dives into the purchase behaviour of the end user and helps you understand the voice of customer, at the same time also helps you segregate your buyer’s pool based on preferences i.e. prefer standard contracts or require customization. Information on the Repair, Calibration, Validation, Feedback on Usage from the market helps the user of this report, get an insight on the opportunities and demands in different sub-segments of the laboratory equipment services market.

The report also segments the market into services offered by OEMs, Distributors and Third party companies and helps the reader understand the trends in Asia Pacific versus Western Europe versus North America versus the nascent and growing economies such as the Middle East, Africa, East Europe and Latin America.

Key Players:

Key players operating in the global Laboratory Equipment Services market are-

  • Agilent Technologies (U.S.),

  • Danaher Corporation (U.S.),

  • Thermo Fisher Scientific Inc. (U.S.),

  • Waters Corporation (U.S.),

  • Mindray Medical International Limited (China),

  • Eppendorf AG (Germany),

  • Pace Analytical Services, Inc. (U.S.),

  • Hettich Instruments, LP. (U.S.),

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Laboratory Equipment Services analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis

  • COVID-19 Impact Assessment

  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

  • Market trend and forecast analysis

  • Market segment trend and forecast

  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

  • Attractive market segments and associated growth opportunities

  • Emerging trends

  • Strategic growth opportunities for the existing and new players

  • Key success factors

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

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