Laboratory Furniture Market to Reach a Valuation of ~US$ 1.2 Bn by 2027

1. Create your website with WordPress.com Get started Technology Trends Zone TMR Future For Everyone Blog Contact About Hot Trends in Laboratory Furniture Designs : FRIATEC GmbH, GE Healthcare Services, Kewaunee Scienti?c, LOC Scienti?c, MERCI, s.r.o. Transparency Market Research delivers key insights on the global laboratory furniture market. In terms of revenue, the global laboratory furniture market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the laboratory furniture market report. To Get Glimpse of what our report offers, Ask for a Report Brochure here In this market report, TMR predicts that, the increasing number of safety regulations is driving the demand for laboratory testing services. Rising incidence of health issues among the population, worldwide, is creating the demand for new medical laboratories across hospitals as well as private centers. This, in turn, is anticipated to increase the demand for laboratory furniture. Additionally, increasing government funding to medical schools and colleges is further anticipated to boost the laboratory furniture market. The rising demand for medical laboratories coupled with the increasing enrolment of medical students in medical schools and colleges is anticipated to raise the demand for more medical laboratories in schools and colleges, which, in turn, is anticipated to boost the laboratory furniture market. However, the high initial investment required for laboratory furniture is anticipated to be a restraining factor for the growth of the laboratory furniture market. Laboratory furniture is expensive and has a longer lifecycle; hence, the replacement rate is very low. This restrains the growth of the laboratory furniture market. Request for a sample: https://www.transparencymarketresearch.com/sample/sample.php? ?ag=S&rep_id=36896 However, technological advancements in terms of enhancing functionality are anticipated to boost the laboratory furniture market. New product developments enhance laboratory furniture ef?ciency, thus making it more user-friendly with low maintenance cost, which is anticipated to drive the demand for laboratory furniture. Additionally, increasing automation levels in manufacturing techniques in order to improve productivity is expected to boost the demand for laboratory furniture. For instance, computer-monitored supply and logistics systems are expected to boost the demand for laboratory furniture. According to the report, laboratory tables, stools & chairs, pedestal furniture, etc., dominated the market, both, in terms of value and volume. These types of furniture have extensive user application in medical laboratories. Additionally, pedestal furniture is preferred in medical laboratories as they are best suited for con?ned spaces. In terms of end use, medical laboratories acquired greater share of medical furniture as compared to medical schools and colleges. This is due to the high user rate and replacement rate of medical furniture in medical laboratories. Additionally, the demand from schools and colleges is rather low, owing to the high lifecycle of laboratory furniture. According to the report, of?ine channels are dominant in the laboratory furniture market. As laboratory furniture is expensive, distributors and suppliers play a signi?cant role in bridging the gap between demand and supply. Distributors and suppliers have a wide network of customers spread, worldwide. Additionally, key manufacturers of laboratory furniture are few in number, owing to which, distributors and suppliers play a signi?cant role. The market share for online channels is low as they primarily act as aggregators for many manufacturers for a particular location. Buy Now: https://www.transparencymarketresearch.com/checkout.php? rep_id=36896&ltype=S Laboratory Furniture Market: Prominent Regions Currently, Europe dominates the laboratory furniture market, followed by the Asia Paci?c region. This is due to the presence of good medical infrastructure in Europe, coupled with the rising demand for new medical laboratories owing to growth in medical research activities. Asia Paci?c is estimated to experience prominent growth in the laboratory furniture market in the near future owing to rising population. This increasing population is expected to lead to growing health conditions in the Asia Paci?c region. This, in turn, is expected to proliferate the demand for medical laboratories, thereby resulting in the growth of the laboratory furniture market. Laboratory Furniture Market: Key Players Key players operating in the global laboratory furniture market include FRIATEC GmbH, GE Healthcare Services, Kewaunee Scienti?c, LOC Scienti?c, MERCI, s.r.o., Mott Manufacturing Ltd., PSA Laboratory Furniture LLC, Symbiote, Thermo Fisher Scienti?c, WALDNER Laboreinrichtungen GmbH & Co. KG, etc. Latest News Publication: https://www.prnewswire.com/news-releases/period-panties- market-to-grow-at-17-2-due-to-growing-awareness-about-functional-advantages-of- period-panties–tmr-insights-301339550.html Share this:   Twitter Facebook Like Be the first to like this. Related Laboratory Furniture Market : Global Industry Analysis, Market Size, Opportunities And Forecast  Laboratory furniture designers are routinely perplexed by the rami?cations of using traditional laboratory furniture that utilizes 5 times more energy and becomes an July 2, 2021 Laboratory Water Puri?er Market rising at a 11.6% CAGR from 2017 to 2022 The global laboratory water puri?er market is foreseen o be highly fragmented, with the presence of various big and small companies operating in it. Owing to this, the July 15, 2021 Laboratory Furniture Market 2021 Size, Share, Top Region, Key Players, Application, Status And Forecast May 31, 2021 technologytrendszone July 23, 2021 Technology Previous Post Pulp Market : Golden Age for 3D Printing Creating New Opportunities for Manufacturers Next Post Biodegradable Cups Market – Consumer Convenience Will be at the Epicenter of Manufacturing Strategies Leave a Reply Enter your comment here... Enter your comment here... 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