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    Laboratory Equipment Services Market Report

    Laboratory Equipment Services Market Report
    Report code - SRHL104 Delivery - 2 Weeks
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    Opportunities & Gaps in the Global Laboratory Equipment Services Market: By Type of Se See more...

    Impact of COVID-19 on Laboratory Equipment Services Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Laboratory Equipment Services 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 laboratory equipment services in the 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:

    1. Who rules the after sales services market, is it the local distributors, OEMs or buyers prefer Big Brands?
    2. How often do the sales manager touch base with their buyers? What is the TAT (Turn Around Time) between service requested and complaint closed?
    3. Are there work culture differences in different markets?
    4. Who are the most important person or key person in the laboratories? What role does feedback about a company’s product or service play in the laboratory equipment services market? How easy is it to convert a loyalist?

    Laboratory Equipment Services Segment in the Clinical Laboratories Market: Highlights

    As per a recent survey in 2017-2018, 700 scientists in a particular market participated in the study and shared insights on the choices and trends in the industries. While 52% of the respondents felt that developing the staff’s skill set was the major goal, followed by expanding the laboratory services (49%) while only 42% were concerned about improving the work environment for their staff. Insights like these help an OEM or a third-party service provider reach out to the right audience while educate the others on laboratory equipment after sales services. While the sale of an equipment in a laboratory remains important for any company, maintaining the touch point for sales renewal and reference and added sales are equally important to maintain the company’s market share in that region.

    This report deep dives into the purchase behaviour of the end user and helps you understand the voice of customer, at the same time also helps you segregate your buyer’s pool based on preferences i.e. prefer standard contracts or require customization. Information on the Repair, Calibration, Validation, Feedback on Usage from the market helps the user of this report, get an insight on the opportunities and demands in different sub-segments of the laboratory equipment services market.

    The report also segments the market into services offered by OEMs, Distributors and Third party companies and helps the reader understand the trends in Asia Pacific versus Western Europe versus North America versus the nascent and growing economies such as the Middle East, Africa, East Europe and Latin America.

    Companies such as Agilent Technologies (U.S.), Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Waters Corporation (U.S.), and Mindray Medical International Limited (China), Eppendorf AG (Germany), Pace Analytical Services, Inc. (U.S.), Hettich Instruments, LP. (U.S.), are present globally. However, the competition was quite different at the regional and country level, where focus was domestic producers versus multi-nationals.

    Research Methodology

    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.

    Report Features

    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:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, Product portfolio, New product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors 
    • Future outlook

    The global laboratory equipment services segment in the clinical laboratories market is segmented into the following categories: 

    By Type of Services

    • Repair, Calibration, Validation, Feedback on Usage

    By Service Provider Type

    • OEM, Distributor, Third Party

    By Type of Engagement Model

    • Standard Contract, Customized

    By End-User Type

    • Hospital Clinical Laboratories
    • Independent Clinical Laboratories
    • CROs and Contract Manufacturers
    • Pharmaceutical R&D Laboratories
    • Others

    By Region

    • North America (Country Analysis: the USA, Canada)
    • Western Europe (Country Analysis: Germany, France, the UK)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Latin America (Country Analysis: Brazil, Argentina, Mexico, and Others)
    • Rest of the World (Sub-Region Analysis: The Middle East, Africa, Rest of Europe and Others) 

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our first-time clients:

    Company Profiling

    • SWOT analysis of key players (up to 3 players)
    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    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.