Laboratory Supplies Market Size, Share, and Trends 2025 to 2034

What is the Laboratory Supplies Market Size?

The global laboratory supplies market size is accounted at USD 51.57 billion in 2025 and predicted to increase from USD 55.49 billion in 2026 to approximately USD 99.71 billion by 2034, representing a CAGR of 7.60% from 2025 to 2034. The North America laboratory supplies market size reached USD 16.93 billion in 2023.

Laboratory Supplies Market Key Takeaways

• North America led the global market with the highest market share of 38% in 2024.
• Europe has generated 27% revenue share in 2024.
• Based on product, the equipment segment has held the highest revenue share of 63.5% in 2024.

Market Overview

Laboratory supplies refer to apparatuses that are used in laboratories to perform testing and experiments. These supplies include various products, such as test tubes, beakers, consumables, and safety gear. They are widely used in clinical labs, biotechnology companies, and academic institutions. Moreover, they are usually very delicate; thus, they need to be handled carefully and regularly maintained. The escalating demand for eco-friendly laboratory products across the globe, the rapid advancements in technology, and the high demand for laboratory supplies in pharmaceutical companies and hospitals contribute to the growth of the laboratory supplies market. Moreover, the rising research & development activities and the increasing number of clinical trials boost the market.

• For instance, in August 2024, Calibre Scientific, a developer, manufacturer and distributor of consumable products for life sciences and diagnostic industries acquired ACEFE, S.A.U (ACEFESA), a Spanish distributor of biotechnology laboratory consumables and equipment.

AI in the Market

The supply of labs is one of the markets being revolutionized by AI processes, operations, and mechanisms, resulting in improvements and increased accuracy in efficiency. One of the most significant ways it reduces waste and increases efficiency is by making predictive inventory planning and procurement decisions while also monitoring in real time. By analyzing big data, AI augments decision-making processes, bringing hidden trends into light, improving quality control by early risk detection, and ensuring compliance. Giving support to sustainability is reflected by liberating the laboratory staff to engage in more value-added objectives, thereby empowering agility and efficiency within labs.

Laboratory Supplies Market Growth Factors

The laboratory supplies market is highly influenced by the developments in the pharmaceutical and biotechnology industries. The demand for laboratory supplies is growing owing to the rising research activities. The laboratory supplies are extensively used in experiments, measurements, and data extraction. The rising investments by the market players in biotechnology research are fueling the growth of the global laboratory supplies market. An uninterrupted and continuous supply of laboratory products is needed to conduct the lab experiments efficiently. The surging presence of numerous contract research organizations across the globe is expected to foster the demand for various laboratory supplies during the forecast period. The rising number of clinical lab tests and research on the life sciences is significantly driving the demand for laboratory consumables.

The need for a wide variety of equipment and tools to conduct research and tests that allow quick analyses and results is likely to boost the market growth. Technological advancements are enhancing laboratory capabilities by improving the performance of the lab products and reducing the consumption of consumables. The proliferation of technologies such as artificial intelligence, miniaturization of devices, and automation is changing the way laboratories operate. The increasing pressure on labs to provide faster results to boost the development process of medicines and diagnostic devices is expected to fuel the growth of the global laboratory supplies market. The high demand from the pharmaceutical sector and the rising prevalence of chronic and gene diseases are further boosting the market.

• Laboratory consumables and equipment are being heavily demanded by increasing pharmaceutical and biotech research.
• The dependence on contract research organizations for research is driving consistent procurement of supplies.
• Strong demand for efficient lab consumables is being created due to clinical testing and investigations in life sciences.
• Here, technological evolution is taking place in laboratories along with automation and miniaturization to make laboratories better.
• The pressure for quicker outcomes in drug development and diagnostics is very much setting the market into growth.

Clinical Laboratory Services Market Outlook

• Industry Growth Overview: The clinical laboratory services market is projected to grow substantially between 2025 and 2034. The growth of the market is driven by the rising prevalence of chronic and infectious diseases, an aging global population, and a strong emphasis on preventive healthcare. The rising demand for point-of-care testing (POCT) further contributes to market growth.
• Global Expansion: Leading companies are broadening their geographic presence, especially in high-growth emerging markets in Asia-Pacific and Latin America, driven by rising healthcare spending, rapid urban growth, and increased awareness of healthcare and diagnostics. North America remains a key market due to its advanced infrastructure and substantial R&D investment, while Europe is strengthening its market through acquisitions and adherence to EU regulations.
• Major Investors: The market is attracting significant investment from venture capital, private equity, and strategic corporate investors. Key players such as Quest Diagnostics, LabCorp, Eurofins Scientific, and Sonic Healthcare are major investors, driving growth through M&A and R&D spending, particularly in personalized medicine and companion diagnostics.
• Startup Ecosystem: The startup scene is maturing, emphasizing innovation in data analytics, AI integration in diagnostics, and digital health solutions. Emerging companies are securing funding to develop new testing methods, such as advanced genetic and molecular diagnostics, and building platforms that connect laboratory services with telehealth and remote monitoring.

Laboratory Supplies Market Trends

• Rising focus on digital transformation (Lab 4.0) of laboratories by incorporating advanced data analytics and cloud-based solutions.
• Use of automated technologies and robotics in laboratories, especially in high-throughput settings for enhancing accuracy and efficiency of workflows.
• Green lab initiatives promoting recyclability, waste reduction and incorporation of energy-efficient equipment.
  Integration of artificial intelligence (AI) and machine learning for automating tasks and analysing data.
• Seamless connectivity offered by Internet of Medical Things (IoMT)- connected software facilitating automation of processes and streamlining use of laboratory supplies.

Market Scope

Market Dynamics

Drivers

Rapid Advancements in Technology

Continuous technological advancements within the pharmaceutical and biotechnology sectors drive the laboratory supplies market. These sectors are significantly increasing their investments in research and development, leading to a rapid surge in demand for advanced lab equipment. High-quality and innovative lab supplies are crucial to ensure the accuracy and efficiency of various laboratory processes, including clinical testing and life sciences research. For instance, in 2023, major pharmaceutical companies like Pfizer and Moderna invested heavily in research and development, allocating billions of dollars to improve laboratory infrastructure. The development of more precise diagnostic tools, including air-driven microscopes and automated laboratory systems, reflects how technological advancements change the capabilities of lab supplies. These annotations not only improve research productivity but also ensure accuracy in diagnostic and pharmaceutical research, which drives the market.

Moreover, governments worldwide are placing a special emphasis on investing in developing and improving the healthcare sector. In many countries, government support has drastically enhanced the healthcare infrastructure and related medical technologies, ultimately contributing to the expansion of the laboratory supplies market.

• In September 2022, the U.S. government announced an investment of over US$2 billion to unveil its biomanufacturing initiative, which aims to intensify manufacturing capacity.

Restraint

Volatility in Raw Material Prices

Volatile pricing of raw materials is one of the biggest challenges facing the lab supplies market. The fluctuating prices of raw materials, such as plastics, glass, and other key materials used in manufacturing lab supplies, result in higher production costs. For instance, in early 2024, global steel prices increased by around 15% due to supply chain disruptions and higher demand. This directly impacted the manufacturing of laboratory equipment, such as benchtop centrifuges and microscope parts, as they rely heavily on such raw materials. The resulting cost burden is often passed on to the end-users, which can limit the adoption of new equipment. Moreover, compliance with stringent regulations and quality assurance significantly restrain the market growth.

Opportunity

Expansion of Testing Facilities

The laboratory supplies market is set to benefit from several emerging opportunities. One of the key growth areas is the rising number of testing facilities globally. These facilities are becoming more critical due to the rising health concerns, such as the spread of infectious diseases and rising incidences of chronic illnesses, driving the need for accurate and fast diagnostic solutions. Laboratories that conduct genetic testing, pathology and microbial analysis are expanding and boosting the demand for lab supplies. The rising investments by biopharmaceutical companies in research activities for developing novel drugs for various chronic diseases are expected to spur the demand for laboratory supplies in the forthcoming years.

• In June of 2023, Thermo Fisher Scientific opened the new state-of-the-art testing facility in Carlsbad, California, to meet the rising demand for biotechnology research. This facility focuses on genomic testing and pharmaceutical development, using advanced laboratory equipment to carry out its operations.

Value Chain Analysis

• R&D: The very original stage comprises discovering and developing new materials, technologies, or processes to update or create new types of laboratory supplies.
  Key Players: Roche, Eli Lilly
• Clinical Trials and Regulatory Approvals: The installation of new laboratory supplies in real-world scenarios, mostly to demonstrate that they work safely for diagnostic or treatment alternatives, and then meet the requirements for regulatory approval needed to bring them to the market.
  Key Players: IQVIA, Parexel
• Formulation and Evaluation of Final Dose Preparation: The design and preparation of the reagents, chemicals, or diagnostic kits in their final composition and form, to assure stability, effectiveness, and ease of use for laboratory purposes.
  Key Players: Aurobindo Pharma, Lupin
• Packaging and Serialization: Packaging, labeling, and uniquely identifying individual units and batches of laboratory supplies to maintain product integrity and allow traceability for their journey through the supply chain, also helping to prevent counterfeiting.
  Key Players: OPTEL Group, Kezzler
• Distribution to Hospitals, Pharmacies: The storage, carriage, and delivery of laboratory supplies to end users (hospitals, pharmacies, clinics, and research institutions) in due time, efficiently.
  Key Players: Cardinal Health, CEVA Logistics

Product Insights

The equipment segment dominated the market with the largest market share in 2024. This is because equipment are important in performing research. The laboratory equipment is generally a long-term investment that needs to be installed once and operated for many years. This involves high costs, which results in increased revenue for this segment. The laboratory equipment is generally utilized for experiments and similar procedures. The easy availability of different laboratory equipment and instruments, along with the rising number of CROs, is further spurring the growth of the equipment segment.

On the other hand, the disposable is anticipated to be the most opportunistic segment during the forecast period. The surging number of laboratories, scientific companies, and research organizations across the globe is fostering the demand for various lab disposables. The demand for consumables, like gloves, masks, pipettes, and tubes, is increasing rapidly and the continuous supply of these disposable consumables is fueling the growth of the segment.

End-user Insights

The clinical and diagnostic laboratories segment is projected to expand at the highest CAGR in the coming years. Since diagnosing, monitoring, and testing patients requires several pieces of equipment, disposables, and chemicals, laboratory supplies find a wide range of applications in these laboratories. In addition, the increasing number of clinical trials and research contributes to the segmental growth.

U.S. Laboratory Supplies Market Size and Growth 2025 to 2034

The U.S. laboratory supplies market size was estimated at USD 13.80 billion in 2024 and is predicted to be worth around USD 27.14 billion by 2034, at a CAGR of 7.81% from 2025 to 2034.

North America has captured the highest revenue share of around 38% in 2024. North America is home to numerous top biopharmaceutical companies. Biopharmaceutical companies are the major investors in most research in North America. Therefore, the growth of the laboratory supplies market is highly influenced by the growth of the biopharmaceutical industry in the region. The supportive government regulations, the active role of the FDA in observing clinical test results and developments, and the rising number of approvals are the major drivers of the laboratory supplies market in North America. The rising number of contract research organizations (CROs) in the region and the increasing healthcare spending are further fostering the growth of the market. For instance,

• According to an article published by the PETERSON-KFF Health System Tracker, healthcare spending in the U.S. increased by 9.7% and reached USD 4.1 trillion in 2020, significantly faster than the 4.3% increase in 2019.

U.S. Clinical Laboratory Services Market Trends

The U.S. plays a leading role in the North American market, characterized by a highly developed healthcare infrastructure, significant R&D investment in advanced technologies like precision medicine and AI, and the presence of major global corporations such as Quest and Labcorp. Its role is to drive technological innovation, establish global quality standards through rigorous regulation such as CLIA and FDA, and support a market sustained by high healthcare spending and an established reimbursement framework.

What Makes Asia-Pacific the Fastest-Growing Market for Clinical Laboratory Services?

The market in Asia Pacific is expected to expand at the fastest CAGR during the forecast period. This is attributed to the favorable government regulatory frameworks that attract the investments of the top pharmaceutical companies in the region. Moreover, the availability of qualified research professionals in countries like China and India is expected to boosts the number of research organizations in the region. Moreover, the expansion of biotech organizations is expected to drive the growth of the laboratory supplies market in the region.

China

China is dominating the laboratory supplies market in Asia Pacific. Factors such as robust economic growth, unmet medical needs, supportive regulatory environment, skilled labour and ongoing scientific advancements are bolstering the market growth.

• According to the National Bureau of Statistics of China, as of the end of 2023, China had 1.071 million medical and health facilities, of which 39,000 are hospitals. Of the 1.016 million medical and health institutions at the grassroots level, about 34,000 were town and township health centers, 37,000 were community health care centers, 362,000 were clinics, and 583,00 were village clinics.

China Clinical Laboratory Services Market Trends

China is a major contributor to the Asia Pacific health insurance market due to the increasing demand for diagnostic and healthcare services among its large and aging population. Rapidurbanization and rising chronic disease prevalence are driving the need for comprehensive health coverage. Strong government initiatives and substantial investments in healthcare infrastructure and technology further support market growth and the expansion of domestic capabilities.

How is the Opportunistic Rise of Latin America in the Clinical Laboratory Services Market?

Latin America is seeing significant growth in the clinical laboratory services market due to higher healthcare spending, increased awareness of preventative medicine, and a rising prevalence of chronic diseases. The region's diverse healthcare systems, which include both publicly funded and private payer models, boost demand for both basic and advanced diagnostic services. There is also a push for technological improvements, such as automation and molecular diagnostics, to enhance efficiency and accuracy. Collaborations between local laboratories and multinational companies like Quest Diagnostics and Laboratory Corporation of America are fueling this growth.

Brazil Clinical Laboratory Services Market Trends

Brazil has the largest and most developed clinical laboratory services market in Latin America, marked by high competition and industry consolidation. The market growth is mainly driven by an aging population, a heavy load of chronic diseases, and a mix of public and private healthcare systems. There is a strong trend toward consolidation, with major networks like Dasa and Fleury acquiring smaller labs to broaden their reach and services, aiming to improve efficiency and patient care.

What Potentiates the Growth of the Clinical Laboratory Services Market in the Middle East and Africa?

The MEA clinical laboratory services market is growing steadily, fueled by rising healthcare spending, a high rate of lifestyle-related diseases like diabetes and heart conditions, and government efforts to upgrade healthcare infrastructure. Mandatory health insurance in several GCC countries serves as a major driver. Key trends include the adoption of advanced technologies such as next-generation sequencing (NGS) and a focus on Public-Private Partnerships (PPPs) to improve access to high-quality diagnostic services.

Saudi Arabia Clinical Laboratory Services Market Trends

Saudi Arabia's clinical laboratory services market is expanding, bolstered by the government's Vision 2030 initiatives focused on healthcare reform and privatization. The growth is mainly driven by a high prevalence of chronic diseases and a rising demand for advanced diagnostic services. The Kingdom is investing heavily in modern laboratory infrastructure and adopting innovative technologies. The market includes both large private companies and public hospital labs that aim to provide high-quality, efficient, and standardized lab services.

Value Chain Analysis

Research and Development (R&D) & Technology Development - This focuses on innovating new diagnostic tests (e.g., genetic, molecular) and platforms, using biomarker discovery and assay development to improve accuracy.

• Key Players: Thermo Fisher Scientific, Siemens Healthineers, Abbott Laboratories, Roche Diagnostics, Illumina.

Manufacturing and Production -

This stage involves the large-scale, quality-controlled production of diagnostic kits, reagents, and analytical instruments, all in compliance with strict regulatory standards.

• Key Players: Thermo Fisher Scientific, Siemens Healthineers, Abbott Laboratories, Roche Diagnostics, Danaher Corporation, BD.

Distribution and Supply Chain Management -

This stage ensures efficient logistics and product delivery to laboratories and patient centers, including inventory control and specialized storage (e.g., cold chain).

• Key Players: Cardinal Health, McKesson Corporation, AmerisourceBergen, Quest Diagnostics, LabCorp, Sonic Healthcare.

Laboratory Operations and Testing - This is the core stage where specimens are processed, tests are performed, and quality assurance is maintained, all while complying with regulations like CLIA.

• Key Players: Quest Diagnostics, Laboratory Corporation of America (LabCorp), Sonic Healthcare, Eurofins Scientific.

Results Interpretation and Reporting - Test results are analyzed by professionals and reported to healthcare providers. This stage uses data management and informatics to integrate findings into EHRs for better decision-making.

• Key Players: Epic Systems, Cerner (Oracle Health), LIS specialists.

Customer Service, Support, and Payments - This involves interfacing with providers and patients, managing billing, processing insurance claims, and providing education and support.

• Key Players: UnitedHealth Group, Elevance Health, Humana, Aetna, Quest Diagnostics, LabCorp, Sonic Healthcare.

Laboratory Supplies Market Companies

• Quest Diagnostics Inc.: Offers a vast range of routine and esoteric testing through a nationwide network of laboratories and patient service centers.
• Laboratory Corporation of America Holdings (Labcorp): Provides comprehensive clinical laboratory services, genomics testing, and end-to-end drug development support through a global network.
• Sonic Healthcare: A leading international provider of medically-led clinical pathology services, genetic testing, and diagnostic imaging across multiple continents.
• Siemens Healthcare GmbH: A major medical technology company that provides the advanced equipment and instruments used within clinical laboratories for diagnostics (e.g., analyzers, automation systems).
• Charles River Laboratories International Inc.: Primarily a contract research organization (CRO) focusing on preclinical and clinical trial lab services that support pharmaceutical and biotech R&D.

Other Key Players

• NeoGenomics Laboratories Inc.
• Fresenius Medical Care
• Viapath Group LLP
• Almac Group
• OPKO Health Inc.

Segments Covered in the Report

By Product

• Equipment
  • Incubators
  • Lab Air Filtration System
  • Laminar Flow Hood
  • Centrifuges
  • Micro Manipulation Systems
  • Autoclaves & Sterilizers
  • Scopes
  • Sonicators& Homogenizers
  • Others
• Consumables
  • Tubes
  • Tips
  • Gloves
  • Pipettes
  • Dishes
  • Cell Imaging Consumables
  • Masks
  • Cell Culture Consumables

By End-user

• Academic Institutions
• Clinical and Diagnostic Laboratories
• Pharmaceutical and Biotechnology Companies

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Rest of the World