Over the past several years, there has been a significant change in trends and advances in the market for laboratory instruments
. Every company in the world is in need of fresh and cutting-edge laboratory products due to the rapid expansion of clinical research activities
and scientific and technical breakthroughs. In the market, new items and technology are being introduced quickly. This business is expanding because of the rising demand from the biotechnology, pharmaceutical, and life science sectors.
The size of the global market for laboratory supplies was estimated at USD 30.6 billion in 2020 and is anticipated to increase at a CAGR of 7.5% from 2021 to 2028. The market is primarily driven by rising financing and investment in R&D activities in the pharmaceutical and biotechnology industries.
The function of labs in the future will be increasingly focused on quality control, lowering laboratory mistakes, removing pointless testing, and concentrating on the difficulties of worldwide harmonization. Having stated that, let's examine the market for laboratory equipment's main trends in this piece.
Lab Equipment Getting Smaller
The size of lab equipment is constantly decreasing. Shelf space is greatly reduced by this. By removing a number of pumps and valves that were previously necessary to properly preserve samples, new technology might do this. We now have fluidic parts that can combine many laboratory tasks onto a single "chip," reducing bench space, labour, and money.
Even samples are shrinking in size. We can now keep less of the necessary sample quantities thanks to new technologies. These technologies have made it possible to go from storing samples in individual test tubes to many tiny wells in microtiter trays. By introducing collection with a tiny valve, new technologies have also reduced the amount of contamination that can happen during sample collection. This valve shuts off fluid between pouring samples, minimizing carry-over.
Updated Cloud Technology
The capacity to record data and upload it to the cloud is a feature of modern lab equipment.
Similar to that, when something goes wrong, the gadget may notify a scientist or lab technician.