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Laboratory Glassware Market Report
Impact of COVID-19 on Laboratory Glassware Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
This report, from Stratview Research, studies the glassware segment in the global clinical laboratories market over the trend period of 2014 to 2017 and forecast period of 2018 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Burning Questions This Report Will Answer:
The glassware market in clinical laboratories is undergoing disruption, regions like Japan and China are more focussed on industrial robotics in general and are moving into laboratory robotics space. However, on the contrary developed market such as the United States and Australia have been slow in adopting this technology because of its high cost and difficulty in integrating new technology into its existing laboratory architecture. The markets were close to 5 Billion USD in 2015 and will grow beyond 6 Billion in next 3 years but will the markets show a linear growth, or will there be fluctuations? Who will supersede the other in this market?
The report gets you a detailed top down view of the segments such as pipettes and pipette tips, storage containers, beakers, petri dishes, and other products (flasks, stirring rods, vials, test tubes, etc). The voice of customers is gathered from the end user market such as Hospitals and Diagnostic Centre, Independent Clinical Laboratories and Contract Research Organizations industry among others.
While everyone claims that APAC is the fastest growing region and the USA as the biggest market, no one is predicting what happens with other markets. Should the investors only look at two regions only or are there opportunities beyond the conventional market. The clinical laboratory market is expected to adopt technologies in billing and collection process (automation) in the next 2-3 years. In markets such as the USA, the laboratories may automatically obtain and transmit all the required documentation necessary for payers to process the claim through electronic systems. In regions like India, pan India government healthcare schemes such as “Ayushman Bharat” will remain a slow starter but a longer sustainable model which will generate huge amount of clinical data for industry and researchers.
Companies such as Merck, Thermo, TCI, American Element, Sinopharm, Xilongchemical performed well in the laboratory glassware and reagents space, globally. However, the competition was different at the regional and country level, where the focus was domestic producers versus multi-nationals. While pricing and quality were the major drivers in the market, after sales service and regular touch points created more impact on buyers in some specific markets.
Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The global glassware in clinical laboratories market is segmented into the following categories:
By Product Type
By End-User Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our first-time clients:
Company Profiling
Custom Research: Stratview research offers custom research services across sectors. In the case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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