Product Code: ETC023099 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Laboratory Equipment Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 0.08% in 2025, growth builds up to 0.13% by 2029.
Laboratory equipment is a vital part of research and development, clinical operations and quality control. Such equipment finds application in diverse sectors including pharmaceuticals, biotechnology, food & beverage industry, medical diagnostics among others. Saudi Arabia laboratory equipment market is anticipated to witness notable growth during the forecast period (2025-2031). This can be attributed to rising investment from government for research activities in health care sector as well as growing aging population which has resulted into increasing demand for advanced diagnostic tests and medical treatments. Moreover, pharma companies are also investing heavily into R&D departments due to increasing number of drug trials conducted on daily basis thus contributing towards growth of laboratory equipments market in Saudi Arabia over the forecast period 2025-2031. Furthermore, advent of modern technologies such as automation along with introduction of new products by major players further provides impetus to market growth prospects.
The government has been making huge investments towards healthcare sector owing to its importance especially amid COVID 19 pandemic situation. These investments include developing better infrastructure along with provisioning latest lab equipments so that effective diagnosis can take place leading to increased efficiency and accuracy in results obtained thereby driving the overall Saudi Arabia Laboratory Equipment Market size over the forecast period 2025-2031. Another significant factor boosting demand for laboratory equipments is rising aged population across the country who require continuous monitoring via specialized diagnostic tests through use of advanced lab instruments hence propelling overallmarket potential during forecast timeframe (2025-2031).
One key challenge hindering growth prospects within Saudi Arabia Laboratory Equipments Industry includes high cost associated with purchasing advance laboratory instruments which requires heavy funding capability restricting small scale enterprises or startups operating within this domain thus posing threat on overallindustry expansion trajectory during 2025-2031 timeline projection.
The COVID-19 pandemic has had an adverse effect on the laboratory equipment market due to disruption caused across supply chains and manufacturing processes. Despite some decline in demand from end users due to hospital lockdowns or travel restrictions, increased sales have been observed for products related COVID-19 tests such as PCR machines or centrifuges; however this increase could be short term. Nevertheless, manufacturers are now focusing more on developing automated solutions that reduce manual intervention as well as automate test results analysis which can help them overcome operational challenges caused by labor scarcity during this time.
Some key players operating in the Saudi Arabia laboratory equipment market include Roche Diagnostics International AG., Siemens AG., Danaher Corporation (Beckman Coulter Inc.), Becton Dickinson & Company (BD), Thermo Fisher Scientific Inc., HORIBA Ltd., Agilent Technologies Inc., Merck KGaA, Sysmex Corporationand Shimadzu Corporation among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Laboratory Equipment Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Laboratory Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Laboratory Equipment Market - Industry Life Cycle |
3.4 Saudi Arabia Laboratory Equipment Market - Porter's Five Forces |
3.5 Saudi Arabia Laboratory Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Laboratory Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Saudi Arabia Laboratory Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Saudi Arabia Laboratory Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Laboratory Equipment Market Trends |
6 Saudi Arabia Laboratory Equipment Market, By Types |
6.1 Saudi Arabia Laboratory Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Autoclaves, 2021-2031F |
6.1.4 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Incubators, 2021-2031F |
6.1.5 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Centrifuges, 2021-2031F |
6.1.6 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Spectrometers, 2021-2031F |
6.1.7 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Sonicators, 2021-2031F |
6.1.8 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Scopes, 2021-2031F |
6.2 Saudi Arabia Laboratory Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Genetic Testing, 2021-2031F |
6.2.3 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Endocrinology, 2021-2031F |
6.2.4 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Hematology, 2021-2031F |
6.2.5 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Microbiology, 2021-2031F |
6.2.6 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Biochemistry, 2021-2031F |
6.2.7 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Laboratory Equipment Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Diagnostic Laboratories, 2021-2031F |
6.3.3 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Hospitals and Clinics, 2021-2031F |
6.3.4 Saudi Arabia Laboratory Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Laboratory Equipment Market Import-Export Trade Statistics |
7.1 Saudi Arabia Laboratory Equipment Market Export to Major Countries |
7.2 Saudi Arabia Laboratory Equipment Market Imports from Major Countries |
8 Saudi Arabia Laboratory Equipment Market Key Performance Indicators |
9 Saudi Arabia Laboratory Equipment Market - Opportunity Assessment |
9.1 Saudi Arabia Laboratory Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Laboratory Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Saudi Arabia Laboratory Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Saudi Arabia Laboratory Equipment Market - Competitive Landscape |
10.1 Saudi Arabia Laboratory Equipment Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Laboratory Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |