France Laboratory Supplies Market Size & Outlook, 2023-2030
The laboratory supplies market in France is expected to reach a projected revenue of US$ 3,809.8 million by 2030. A compound annual growth rate of 7.7% is expected of France laboratory supplies market from 2024 to 2030.
In terms of revenue, France accounted for 5.5% of the global laboratory supplies market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany laboratory supplies market is projected to lead the regional market in terms of revenue in 2030.
UK is the fastest growing regional market in Europe and is projected to reach USD 4,548.6 million by 2030.
France is a hotspot for many research-based pharmaceutical giants such as Novartis, Sanofi, Roche, and Pfizer. It has over 300 research facilities that ensure strategic, scientific, and operational coordination of biomedical research.
Thus, high investments in R&D in the country are anticipated to fuel the market growth. Furthermore, expansion plans undertaken by various stakeholders are anticipated to increase the demand for lab equipment and supplies. For instance, in 2018, SGS expanded bioanalytical testing capabilities at its laboratory in Poitiers.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Laboratory Supplies Market Outlook will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 58.83% in 2023.
Horizon Databook has segmented the France laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
France is a hotspot for many research-based pharmaceutical giants such as Novartis, Sanofi, Roche, and Pfizer. It has over 300 research facilities that ensure strategic, scientific, and operational coordination of biomedical research.
Thus, high investments in R&D in the country are anticipated to fuel the market growth. Furthermore, expansion plans undertaken by various stakeholders are anticipated to increase the demand for lab equipment and supplies. For instance, in 2018, SGS expanded bioanalytical testing capabilities at its laboratory in Poitiers.
France Laboratory Supplies Market Product Outlook (Revenue, USD Million , 2018-2030)
Equipment
Disposables
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Horizon Databook provides a detailed overview of country-level data and insights on the France Laboratory Supplies Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Laboratory Supplies Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
France Laboratory Supplies Market, 2018-2030 (US$M)