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Analytical Instrumentation Market Trends

Report ID: GMI5961
Published Date: Dec 2024
Report Format: PDF

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Analytical Instrumentation Market Trends

The market is experiencing significant growth, driven by advancements in medical technologies, the increasing need for integrated automation and artificial intelligence in healthcare, and a rising demand for non-destructive testing (NDT), among other factors.

Automation in data collection, sample analysis, and reporting is becoming increasingly prevalent in analytical instrumentation. AI-driven systems enhance accuracy, reduce human error, and optimize workflows by enabling real-time analysis and predictive insights.
Additionally, there is a growing trend toward the development of smaller, more compact analytical devices that maintain high performance. These portable instruments are convenient, easier to use in field testing, and more cost-effective, making them particularly popular in healthcare sectors and supporting market growth.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global analytical instrumentation industry was valued at USD 60 billion in 2024 and is projected to grow at a 6.5% CAGR from 2025 to 2034, driven by technological advancements and rising demand for quality control in manufacturing.

The molecular analysis instruments segment is expected to grow at a 6.9% CAGR, reaching over USD 39.5 billion by 2034, fueled by the adoption of high-throughput and precision-based techniques in research and diagnostics.

The U.S. analytical instrumentation market generated USD 21.5 billion in revenue in 2024 and is anticipated to grow at a 6.2% CAGR from 2025 to 2034, driven by the expanding pharmaceutical and biotechnology industries.

Key players in the industry include Agilent, Avantor, BIO-RAD, BRUKER, Danaher, Eppendorf, HITACHI, Illumina, Malvern Panalytical, Metrohm, METTLER TOLEDO, and Revvity (PerkinElmer).