How Big is the Life Science Tools Market | Value, Demand & Future Trends 2025

Code: MTA7683 Publication Date: Aug 2025

What is the size of Life Science Tools Market?

According to 6Wresearch internal database and industry insights, Global Life Science Tools Market was estimated at USD 75 billion in 2024 and is projected to reach USD 115 billion by 2031, expanding at a CAGR of 5.70% during the forecast period 2025–2031.

Due to various growth factors such as rising demand for advanced research instruments, growth in biotechnology applications, and increasing investments in genomic and proteomic research globally, the life science tools market is predicted to grow in the coming years.

Key Growth Drivers of the Life Science Tools Market

  • Increasing adoption of next-generation sequencing and molecular diagnostics
  • Expansion of biopharmaceutical R&D and personalized medicine initiatives
  • Technological advancements in analytical and imaging instruments
  • Rising public and private funding for life science research
  • Growing demand for automation and high-throughput screening in laboratories

Life Science Tools Market Trends

Life science tools market is experiencing significant growth driven by the integrated platforms that combine genomics, proteomics, and metabolomics for holistic research insights. Other trends such as digital lab solutions, including cloud-based data management and AI-driven analysis, are on the rise. Further, portable and point-of-care diagnostic tools are gaining traction to support decentralized healthcare models.

Emerging Developments in the Life Science Tools Market

Life science tools market is being advanced with single-cell analysis tools, that is becoming increasingly precise for studying cellular heterogeneity. 3D bioprinting technologies are being adopted for tissue engineering and regenerative medicine. Further, advanced cryo-electron microscopy is expanding the structural biology capabilities. Also, sustainable and reusable lab consumables are being introduced to reduce the environmental impact.

List of Leading Companies in the Life Science Tools Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Thermo Fisher Scientific Inc.

Company NameThermo Fisher Scientific Inc.
Established Year1956
HeadquartersWaltham, Massachusetts, United States
Official WebsiteClick Here

This company has a great portfolio, showing its features laboratory instruments, reagents, consumables, and services for life sciences.

2. Agilent Technologies Inc.

Company NameAgilent Technologies Inc.
Established Year1999
HeadquartersSanta Clara, California, United States
Official WebsiteClick Here

This company provides analytical instruments, software, and consumables for genomics, proteomics, and clinical research.

3. Danaher Corporation

Company NameDanaher Corporation
Established Year1969
HeadquartersWashington, D.C., United States
Official WebsiteClick Here

This company owns multiple life science brands delivering tools for research, diagnostics, and bioprocessing.

4. Merck KGaA

Company NameMerck KGaA
Established Year1668
HeadquartersDarmstadt, Germany
Official WebsiteClick Here

This is one of the oldest companies who supplies chemicals, reagents, and laboratory tools for pharmaceutical and biotech applications.

5. PerkinElmer Inc.

Company NamePerkinElmer Inc.
Established Year1937
HeadquartersWaltham, Massachusetts, United States
Official WebsiteClick Here

This company provides analytical instruments, imaging technologies, and lab services for life sciences.

6. Bio-Rad Laboratories, Inc.

Company NameBio-Rad Laboratories, Inc.
Established Year1952
HeadquartersHercules, California, United States
Official WebsiteClick Here

This company develops research tools and diagnostic products for genomics, proteomics, and cell biology.

7. Illumina, Inc.

Company NameIllumina, Inc.
Established Year1998
HeadquartersSan Diego, California, United States
Official WebsiteClick Here

This company specializes in sequencing platforms, microarrays, and related consumables for genomic research.

8. Becton, Dickinson and Company

Company NameBecton, Dickinson and Company
Established Year1897
HeadquartersFranklin Lakes, New Jersey, United States
Official WebsiteClick Here

Both company together manufactures medical devices, lab equipment, and reagents for life science and clinical research.

How Big is the Life Science Tools Market : FAQs

The Life Science Tools market was estimated at USD 75 billion in 2024 and is projected to reach USD 115 billion by 2031.
Growth is driven by biotech research expansion, genomic advancements, and lab automation.
Biotechnology, pharmaceuticals, academic research institutes, and clinical laboratories.
Top companies include Thermo Fisher, Agilent, Danaher, Merck, PerkinElmer, Bio-Rad, Illumina, and BD.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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