VALIDATED EXECUTIVE ENGAGEMENTS
POOL + OUTREACH
456
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
91
Interactions with Platform & by Email
PARTICIPANTS
18
Unique # Participated
VALIDATIONS
8
Responses Validated*
* Login to view program details and full enterprise executive list.
DATE
JULY 2020
TABLES
117
PAGES
172
EDITION
19
PRICE
USD $5450
Is the U.S. Still a Better Global Barometer than China?
COVID-19 IMPACT SURVEY
GLOBAL EXECUTIVE SURVEY
Impact of Pandemic & Economic Slowdown
Monitor Market Dynamics!
Early March 2020, we reached out to senior enterprise executives who are driving strategy, business development, marketing, sales, product management, technology and operations at competitive firms worldwide. Our ongoing survey is focused on how this will this affect their business ecosystems. We invite you to participate in our survey and add to collective perspectives. Market movements are tracked for 2020, 2021 and broadly for the period of 2022 through 2025. Critical changes are monitored dynamically for the rest of this year. Updated analytics will reflect new and evolving market realities. Our first update scheduled for May 2020 and another in the Fall. Clients receive complimentary updates during 2020. If your company is a recent client for this project, we may have already reached out to your colleagues to participate in our program. If you're an active player in the space but hasn't yet subscribed to our project, we invite you to participate and share your perspectives. Please sign-up here.
Amid the COVID-19 crisis, the global market for Laboratory Balances and Scales estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027. Pharma & Biotech, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$471.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Academia segment is readjusted to a revised 1.8% CAGR for the next 7-year period.
The Laboratory Balances and Scales market in the U.S. is estimated at US$319.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$279 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.
In the global Food segment, USA, Canada, Japan, China and Europe will drive the 2.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$53.6 Million in the year 2020 will reach a projected size of US$65 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$190 Million by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period. We bring years of research experience to this 19th edition of our report. The 172-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
A&D Company Ltd; Adam Equipment Co. Ltd; Avery Weigh-Tronix LLC; Bonso Electronics International Inc.; CAS - USA Corp; Contech Instruments Ltd; Kern & Sohn GmbH; Mettler Toledo International Inc.; OHAUS Corporation; Panomex Inc.; RADWAG Balances and Scales; Sartorius AG; Scientech Inc.; Setra Systems Inc.; Shimadzu UK Limited
» End-Use (Pharma & Biotech, Academia, Food, Chemicals, Other End-Uses)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
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05
| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Balances and Scales: Essential Equipment for Accurate & Reliable Lab Operations |
| Recent Market Activity |
| Bright Prospects Ahead for Laboratory Balances and Scales Market |
| Developed Regions: Primary Consumers of Laboratory Balances and Scales |
| Fast Paced Growth on the Cards in Developing Regions |
| Key Factors Influencing Demand for Laboratory Technologies in Developing Regions |
| A Growing Biotech Sector |
| Rising Healthcare Awareness |
| Increased Access to Healthcare |
| Proliferation of Medical Tourism |
| Global Competitor Market Shares |
| Laboratory Balances and Scales Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| A&D Company Ltd. (Japan) |
| Adam Equipment Co. Ltd. (UK) |
| Bonso Electronics International, Inc. (Hong Kong) |
| Contech Instruments Ltd. (India) |
| Gram Precision S.L (Spain) |
| Kern & Sohn GmbH (Germany) |
| Mettler Toledo International, Inc. (USA) |
| OHAUS Corporation (USA) |
| Panomex, Inc. (India) |
| RADWAG Balances and Scales (Poland) |
| Sartorius AG (Germany) |
| Scientech, Inc. (USA) |
| Setra Systems Inc. (USA) |
| Shimadzu UK Ltd. (UK) |
| 3. MARKET TRENDS & DRIVERS |
| Pharmaceutical Industry: Largest End-User of Lab Balances & Scales |
| Increased Spending in Pharmaceutical R&D Sector - Opportunity for Lab Balances & Scales Market |
| Analytical Balance - A Vital Cog in Pharmaceutical Lab Operations |
| Pharmaceutical Compounding - High Significance of Precision Lab Balances |
| Revised Weighing Guidelines Aim at Reducing Unwarranted Testing |
| Food Industry: Rising Significance of Lab Balances for Regulatory Compliance & Food Safety |
| Forensic Laboratories - An Emerging & Promising Application Market for Lab Balances |
| Chemistry Labs Rely on Balances and Scales for Efficient Operations |
| Balances and Scales Remain Highly Relevant in Cosmetic Labs |
| Reliability, Durability & Precision - Key Factors Considered in Purchasing Decisions of Customers |
| Technological Advancements Causing Surge in Replacement Demand |
| Sales of New and Improved Models on Northbound Trajectory |
| Regular Maintenance & Calibration: Keys to an Effective Lab Balance |
| Calibration: An Often Overlooked but Vital Necessity |
| Uptrend in Academic Research Sector to Foster Demand for Laboratory Balances and Scales |
| High Significance of Lab Balances & Scales in Food Safety Testing |
| Software-Enabled Balances and Scales: High in Demand |
| 4. GLOBAL MARKET PERSPECTIVE |
| Laboratory Balances and Scales Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Laboratory Balances and Scales Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017 |
| Laboratory Balances and Scales Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Pharma & Biotech (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2018-2025 |
| Pharma & Biotech (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017 |
| Pharma & Biotech (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Academia (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2018-2025 |
| Academia (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2009-2017 |
| Academia (End-Use) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025 |
| Food (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Food (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2009-2017 |
| Food (End-Use) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| Chemicals (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2018-2025 |
| Chemicals (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017 |
| Chemicals (End-Use) Share Breakdown Review by Region/Country: 2009 VS 2019 VS 2025 |
| Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Other End-Uses (End-Use) Global Historic Analysis in US$ Thousand by Region/Country: 2009-2017 |
| Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| US Laboratory Balances and Scales Market Share (in %) by Company: 2020 & 2025 |
| United States Laboratory Balances and Scales Latent Demand Forecasts in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2009-2017 |
| Laboratory Balances and Scales Market Share Breakdown in the United States by End-Use: 2009 VS 2019 VS 2025 |
| Canada |
| Canadian Laboratory Balances and Scales Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017 |
| Canadian Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Japan |
| Japanese Demand Estimates and Forecasts for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Japanese Laboratory Balances and Scales Market in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Shift in Japan by End-Use: 2009 VS 2019 VS 2025 |
| China |
| Chinese Demand for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market Review in China in US$ Thousand by End-Use: 2009-2017 |
| Chinese Laboratory Balances and Scales Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025 |
| Europe |
| Market Facts & Figures |
| European Laboratory Balances and Scales Market: Competitor Market Share Scenario (in %) for 2020 & 2025 |
| European Laboratory Balances and Scales Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025 |
| Laboratory Balances and Scales Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017 |
| European Laboratory Balances and Scales Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Laboratory Balances and Scales Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025 |
| Laboratory Balances and Scales Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017 |
| European Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| France |
| Laboratory Balances and Scales Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2018-2025 |
| French Laboratory Balances and Scales Historic Market Review in US$ Thousand by End-Use: 2009-2017 |
| French Laboratory Balances and Scales Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025 |
| Germany |
| Laboratory Balances and Scales Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2018-2025 |
| German Laboratory Balances and Scales Market in Retrospect in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in Germany by End-Use: 2009 VS 2019 VS 2025 |
| Italy |
| Italian Demand for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market Review in Italy in US$ Thousand by End-Use: 2009-2017 |
| Italian Laboratory Balances and Scales Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025 |
| United Kingdom |
| United Kingdom Demand Estimates and Forecasts for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| United Kingdom Laboratory Balances and Scales Market in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Shift in the United Kingdom by End-Use: 2009 VS 2019 VS 2025 |
| Spain |
| Spanish Laboratory Balances and Scales Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017 |
| Spanish Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Russia |
| Russian Laboratory Balances and Scales Latent Demand Forecasts in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Historic Demand Patterns in Russia by End-Use in US$ Thousand for 2009-2017 |
| Laboratory Balances and Scales Market Share Breakdown in Russia by End-Use: 2009 VS 2019 VS 2025 |
| Rest of Europe |
| Rest of Europe Laboratory Balances and Scales Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025 |
| Laboratory Balances and Scales Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017 |
| Rest of Europe Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Asia-Pacific |
| Asia-Pacific Laboratory Balances and Scales Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Laboratory Balances and Scales Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2009-2017 |
| Asia-Pacific Laboratory Balances and Scales Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
| Laboratory Balances and Scales Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2018-2025 |
| Asia-Pacific Laboratory Balances and Scales Historic Market Review in US$ Thousand by End-Use: 2009-2017 |
| Asia-Pacific Laboratory Balances and Scales Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025 |
| Australia |
| Laboratory Balances and Scales Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2018-2025 |
| Australian Laboratory Balances and Scales Market in Retrospect in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in Australia by End-Use: 2009 VS 2019 VS 2025 |
| India |
| Indian Laboratory Balances and Scales Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market in India: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017 |
| Indian Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| South Korea |
| Laboratory Balances and Scales Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2018-2025 |
| South Korean Laboratory Balances and Scales Historic Market Analysis in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in South Korea by End-Use: 2009 VS 2019 VS 2025 |
| Rest of Asia-Pacific |
| Rest of Asia-Pacific Demand Estimates and Forecasts for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Rest of Asia-Pacific Laboratory Balances and Scales Market in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Shift in Rest of Asia-Pacific by End-Use: 2009 VS 2019 VS 2025 |
| Latin America |
| Latin American Laboratory Balances and Scales Market Trends by Region/Country in US$ Thousand: 2018-2025 |
| Laboratory Balances and Scales Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2009-2017 |
| Latin American Laboratory Balances and Scales Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
| Latin American Demand for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market Review in Latin America in US$ Thousand by End-Use: 2009-2017 |
| Latin American Laboratory Balances and Scales Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025 |
| Argentina |
| Argentinean Laboratory Balances and Scales Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025 |
| Laboratory Balances and Scales Market in Argentina: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017 |
| Argentinean Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Brazil |
| Laboratory Balances and Scales Quantitative Demand Analysis in Brazil in US$ Thousand by End-Use: 2018-2025 |
| Brazilian Laboratory Balances and Scales Historic Market Review in US$ Thousand by End-Use: 2009-2017 |
| Brazilian Laboratory Balances and Scales Market Share Analysis: A 17-Year Perspective by End-Use for 2009, 2019, and 2025 |
| Mexico |
| Laboratory Balances and Scales Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2018-2025 |
| Mexican Laboratory Balances and Scales Market in Retrospect in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in Mexico by End-Use: 2009 VS 2019 VS 2025 |
| Rest of Latin America |
| Rest of Latin America Laboratory Balances and Scales Latent Demand Forecasts in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Historic Demand Patterns in Rest of Latin America by End-Use in US$ Thousand for 2009-2017 |
| Laboratory Balances and Scales Market Share Breakdown in Rest of Latin America by End-Use: 2009 VS 2019 VS 2025 |
| Middle East |
| The Middle East Laboratory Balances and Scales Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
| Laboratory Balances and Scales Market in the Middle East by Region/Country in US$ Thousand: 2009-2017 |
| The Middle East Laboratory Balances and Scales Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
| The Middle East Laboratory Balances and Scales Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2009-2017 |
| The Middle East Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Iran |
| Iranian Demand Estimates and Forecasts for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Iranian Laboratory Balances and Scales Market in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Shift in Iran by End-Use: 2009 VS 2019 VS 2025 |
| Israel |
| Israeli Laboratory Balances and Scales Addressable Market Opportunity in US$ Thousand by End-Use: 2018-2025 |
| Laboratory Balances and Scales Market in Israel: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2009-2017 |
| Israeli Laboratory Balances and Scales Market Share Analysis by End-Use: 2009 VS 2019 VS 2025 |
| Saudi Arabia |
| Saudi Arabian Demand for Laboratory Balances and Scales in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Market Review in Saudi Arabia in US$ Thousand by End-Use: 2009-2017 |
| Saudi Arabian Laboratory Balances and Scales Market Share Breakdown by End-Use: 2009 VS 2019 VS 2025 |
| United Arab Emirates |
| Laboratory Balances and Scales Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2018-2025 |
| United Arab Emirates Laboratory Balances and Scales Historic Market Analysis in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in United Arab Emirates by End-Use: 2009 VS 2019 VS 2025 |
| Rest of Middle East |
| Laboratory Balances and Scales Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2018-2025 |
| Rest of Middle East Laboratory Balances and Scales Market in Retrospect in US$ Thousand by End-Use: 2009-2017 |
| Laboratory Balances and Scales Market Share Distribution in Rest of Middle East by End-Use: 2009 VS 2019 VS 2025 |
| Africa |
| African Laboratory Balances and Scales Latent Demand Forecasts in US$ Thousand by End-Use: 2018 to 2025 |
| Laboratory Balances and Scales Historic Demand Patterns in Africa by End-Use in US$ Thousand for 2009-2017 |
| Laboratory Balances and Scales Market Share Breakdown in Africa by End-Use: 2009 VS 2019 VS 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 36 Click here to request a full table of contents and more details on this project. |
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