Life Science Instrumentation Market: Widening Application Scope of Analytical Instruments
The global life science instrumentation market size is projected to grow from an estimated USD 60.0 billion in 2020 to USD 79.9 billion by 2025, at a CAGR of 5.9% during the forecast period. Market growth is driven largely by factors, such as increasing expenditure on research & development by pharmaceutical & biotechnology companies, growing public & private funding for life science research, and rising incidence of target diseases & genetic disorders. The emerging markets and increasing demand for analytical instruments are expected to present avenues of growth for market players. Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38 The research application segment was the largest contributor to the life science instrumentation market in 2019 The research application segment accounted for the largest share of the life science instrumentation application market in 2019. The large share of the research applications segm...