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The growth of the LATAM laboratory equipment and disposables market is attributed to increase in geriatric population and rise in incidences of HIV, cancer, tuberculosis, and other such diseases. Furthermore, surge in investments by governments in healthcare system and hospitals related to laboratory diagnosis are some of the factors that contribute to the growth of the market.
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LATAM Laboratory Equipment and Disposables Market Expected to Reach $2,831 Million by 2027 www.alliedmarketresearch.com
The report provides a detailed analysis of the key strategies, top investment pockets, drivers & opportunities, market share, key segments, and competitive scenario. According to the report, the global laboratory equipment and disposables market was estimated at $24.2 billion in 2017 and is expected to hit $37.8 billion in 2025, growing at a CAGR of 5.7% during the forecast period. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5240 www.alliedmarketresearch.com
Covid-19 scenario: • As researchers are working relentlessly to develop a vaccine and potential treatments for Covid-19, there has been a significant demand for different laboratory equipment. • Health governing bodies such as WHO released laboratory testing guidelines for Covid-19 in suspected cases. • As the countries raise their responses to determine, manage, and treat increasing cases of Covid-19, acquiring sufficient laboratory equipment and disposables has become a major part of strategy. www.alliedmarketresearch.com
North America to be dominant during the estimate period Based on region, North America contributed to nearly two-fifth of the total market and is expected to retain its top status till 2025. Well-established healthcare infrastructure and rise in the prevalence of infectious diseases that require laboratory testing spur the market growth in the region. On the other hand, Asia-Pacific is assumed to grow at the fastest CAGR of 7.4% throughout the forecast period, 2018-2025. Factors such as rise in healthcare expenditure in countries such as China, Japan, and India and increase in government healthcare investments are anticipated to act as growth drivers for the market during the study period. For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6656 www.alliedmarketresearch.com
Leading players • Agilent Technologies Inc. • Bruker Corp • Bio-Rad Laboratories • Fujifilm Irvine Scientific • Danaher Corp • Sartorius AG • PerkinElmer Inc. • ThermofisherScientific Inc. • Shimadzu Corporation • Waters Corp. www.alliedmarketresearch.com
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