Press release
Laboratory Balances and Scales Market is expected to reach US$ 2,131.14 Mn by 2028 | METTLER TOLEDO; Sartorius AG; PCE Instruments; OHAUS; Adam Equipment Ltd; GRAM PRECISION; RADWAG Balances and Scales; Scientech Inc.; BONSO Electronics International Inc.
Laboratory Balances and Scales Market
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Based on type, the laboratory balances and scales market is bifurcated into laboratory balances and laboratory scales. Laboratory balances segment is further sub-segmented as analytical balances, top loading/precision balances, micro and ultra-micro balances, moisture balances, portable balances, and other balances. Laboratory scale segment is also further sub-segmented as bench scales, counting scales, compact scales, and other scales. In 2020, the laboratory balances segment held the largest share of the market and is expected to register a higher CAGR during the forecast period.
The laboratory balances and scales market is witnessing substantial decline amid the COVID-19 pandemic. Certain factors such as decline in pharmaceutical production and drug discovery activities are hampering the adoption of laboratory balances and scales worldwide. However, research activities associated with the COVID-19 are expected to have marginal positive impact on the market.
METTLER TOLEDO; Sartorius AG; PCE Instruments; OHAUS; Adam Equipment Ltd; GRAM PRECISION; RADWAG Balances and Scales; Scientech Inc.; BONSO Electronics International Inc.; and A&D Company, Limited are among the leading companies operating in the laboratory balances and scales market.
The report segments laboratory balances and scales market as follows:
By Type
Laboratory Balances
Analytical Balances
Top-Loading/Precision Balances
Micro and Ultra-Micro Balances
Moisture Balances
Portable Balances
Other Balances
Laboratory Scales
Bench Scales
Counting Scales
Compact Scales
Other Scales
By End User
Pharmaceutical/Biotechnology Products Testing Laboratories
Cosmeceutical Products Laboratories
Academic Institutes
Research Laboratories
By Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia Pacific (APAC)
China
India
Japan
Australia
South Korea
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
UAE
South Africa
Rest of MEA
South and Central America (SCAM)
Brazil
Argentina
Rest of SCAM
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