Laboratory Vacuum Pumps Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

Laboratory Vacuum Pumps Market Size

Laboratory Vacuum Pumps Market size is likely to expand significantly between 2024 and 2032 due to rising application potential in biotech and pharmaceutical industries as well as R&D institutes.
 

Ten years ago, 64% of N100 companies reported on sustainability. In 2022, this figure rose to 79%. Today, almost all the world's top 250 companies (G250) report on sustainability, with a consistent reporting rate of 96% since 2020. The increasing focus on environmental sustainability is driving industry gain for energy-efficient and eco-friendly vacuum pump technologies. Laboratories are increasingly adopting sustainable practices to minimize energy consumption, reduce carbon footprint, and comply with environmental regulations. Energy-efficient vacuum pumps with features such as variable speed drives, oil-free operation, and low noise emissions are being preferred. Manufacturers are investing in R&D to develop green vacuum pump solutions that meet the sustainability requirements of modern laboratories.
 

Laboratory Vacuum Pumps Market Trends

The expansion of life sciences and biotechnology research is a key trend in laboratory vacuum pumps industry. The increasing demand for biopharmaceuticals, genomics, proteomics, and personalized medicine drives investments in laboratory infrastructure and equipment. Vacuum pumps play a critical role in various laboratory applications, including sample preparation, filtration, lyophilization, and distillation, supporting research efforts in drug discovery, molecular biology, and bioprocessing.
 

Laboratory Vacuum Pumps Market Analysis

The dry laboratory vacuum pumps segment is slated to expand exponentially through 2032 on account of their low maintenance, high performance, and minimized generation of waste materials. These pumps are deployed in crystallization, freeze drying, evaporation, and sterilization processes as they are environment friendly. Their oil-free and liquid-free sealing as well as no-contact features make them increasingly preferred over their counterparts. Increasing application scope in the manufacturing of semiconductor devices, LEDs, and solar batteries will enhance the segment value.
 

The pharmaceutical companies segment will generate notable revenues by 2032, attributed to the presence of stringent regulations. The cleaning validation requirement for FDA approvals and the optimum risks associated with cross-contamination of largely sensitive active pharmaceutical ingredients are some of the rules mandating adoption of lab vacuum pumps. The rising count of warnings from regulatory authorities to pharmaceutical companies will also drive the product preference.
 

North America laboratory vacuum pumps market will foresee lucrative expansion through 2032 owing to the increasing emphasis on technological advancements in the region. The magnifying need for advanced laboratory vacuum pumps in drug discovery processes has positively influenced the surge in the number of research-based companies. Furthermore, the rising healthcare expenditure in the region will add to the market development.
 

Laboratory Vacuum Pumps Market Share

Some of key laboratory vacuum pumps industry players are:

• Labconco
• Toshniwal Instruments
• IVC PUMPS
• Atlas Copco AB
• Welch Vacuum - Gardner Denver
• Oerlikon Leybold Vacuum GmbH
• KNF Group
• Tuthill Corporation
• Graham Corporation
• Dekker Vacuum Technologies
   

Laboratory Vacuum Pumps Industry News

• In 2023, Atlas Copco's announced that its new factory in Talegaon will produce air and gas compressor systems for both local and export markets. The facility includes a 25,000 m2 manufacturing plant and office building. Atlas Copco is investing approximately MINR 1400 in this venture.

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