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Global Laboratory Cart Market 2016-2020

  • Published: Mar 2016
  • Pages: 57
  • SKU: IRTNTR8915
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This market study report presents a detailed segmentation of the global laboratory cart market by product (storage laboratory cart, regular laboratory cart, and others), by end-user (medical and healthcare, pharmaceutical, and others), and by geography (the Americas, APAC, Europe, and MEA). The key leading vendors identified in the market are Cole-Parmer, Labconco, Luxor, Sovella, and TrippNT.

Overview of the global laboratory cart market

Technavio’s market research analyst predicts the global laboratory cart market to grow at a steady CAGR of approximately 4% during the forecast period. The recent advancements in the production methods of laboratory furniture have led to higher efficiency and volumes. The laboratory furniture manufacturers are experimenting with process innovations that will not only improve the quality of the product but will also reduce fabrication costs. New processes like microinjection molding and dual-shot injection molding allow the proper mixing of two or more polymers and also improves the accuracy of the mold. Furthermore, the use of high-grade stainless steel for the chassis of laboratory carts make them more robust and durable. Therefore, the advanced and new-age production methods of lab furniture will drive the prospects for growth during the forecast period.

In this market report, analysts have estimated factors like the increasing level of customization of laboratory furniture to impel the prospects for market growth until the end of the forecast period. The choice of type and size of the cart is mainly based on the application and process. With a broad range of laboratory carts to choose from, end-users can choose from what best suits their application.  The availability of customized carts to suit a particular application will bolster this market’s growth potential until the end of 2020.

Segmentation by end-user and analysis of the laboratory cart market

  • Medical and healthcare
  • Pharmaceutical

In 2015, the medical and healthcare industry dominated the market and accounted for more than 24% of the overall revenue of the market. Growing demand for laboratory carts in the medical and healthcare industry due to the increase in the number of laboratories and other facilities will aid in the growth of this market.

Geographical segmentation of the laboratory cart market

  • Americas
  • APAC
  • Europe
  • MEA

In this industry research study, the analysts have estimated APAC to be the largest geographical segment in 2015 and will exhibit high growth over the forecast period. The migration of R&D facilities of some of the profound American and West European companies will spur the prospects for market growth until the end of the forecast period. The market for laboratory cart in this region will account for a market share of approximately 34% by 2020.

Competitive landscape and key vendors

The global laboratory cart market is highly fragmented by the presence of several well-diversified providers. The competitive environment will intensify with an increase in product extensions, new product launches, and new applications of integrated product offerings. The increasing number of laboratories worldwide will result in a rise in demand for laboratory carts over the forecast period.

Key vendors in this market are –

  • Cole-Parmer
  • Labconco
  • Luxor
  • Sovella
  • TrippNT

Other prominent vendors analyzed in this market research report are A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Bassaire, CeilBlue, Durcon, Esco, Eagle Group, Erlab, Geerpres, Hamilton Scientific, Intermetro Industries, Kewaunee Scientific, LOC Scientific, Thermo Fisher Scientific.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global laboratory cart market?
  • What are the key market trends impacting the growth of the global laboratory cart market?
  • What are the challenges to market growth?
  • Who are the key vendors in global laboratory cart market?
  • What are the market opportunities and threats faced by the vendors in the global laboratory cart market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
  • What are the key outcomes of the five forces analysis of global laboratory cart market?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Global storage laboratory cart market
  • Global regular laboratory cart market
  • Global other laboratory cart market

PART 07: Market segmentation by end user

  • Market overview
  • Global laboratory cart market in medical and healthcare industry
  • Global laboratory cart market in pharmaceutical industry
  • Global laboratory cart market in other end-user industries

PART 08: Geographical segmentation

  • Market overview
  • Laboratory cart market in APAC
  • Laboratory cart market in the Americas
  • Laboratory cart market in Europe
  • Laboratory cart market in MEA

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive scenario
  • Investment opportunity analysis
  • Other prominent vendors

PART 15: Key vendor analysis

  • Cole-Parmer
  • Labconco
  • Luxor
  • Sovella
  • TrippNT

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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