Towards Healthcare
Laboratory Balances and Scales Market Leads USD 5.13 Bn by 2034

Laboratory Balances and Scales Market Dynamics, Research and Forecast

Market insights predict, the laboratory balances and scales industry is expected to grow from USD 3.45 billion in 2024 to USD 5.13 billion by 2034, driven by a CAGR of 4.05%. The laboratory balances and scales market is expanding due to increasing research as well as growing startups. North America led the market due to the presence of well-developed industries.

Category: Laboratory Equipment Insight Code: 5765 Format: PDF / PPT / Excel

Laboratory Balances and Scales Market Size, Top Key Players and Drivers

The global laboratory balances and scales market size is calculated at USD 3.45 in 2024, grew to USD 3.59 billion in 2025, and is projected to reach around USD 5.13 billion by 2034. The market is expanding at a CAGR of 4.05% between 2025 and 2034.

The growing diseases, as well as research, are increasing the demand for laboratory balances and scales. At the same time, new advancements in these balances and scales are also being carried out, with the integration of AI. This, in turn, is increasing the collaborations between the companies. Additionally, their use in different regions is driven by the presence of robust industries, regulatory frameworks, or due to the expanding healthcare. Thus, all these developments are promoting the laboratory balances and scales market growth.

Laboratory Balances and Scales Market Size 2024 - 2034

Key Takeaways

  • The laboratory balances and scales market will likely exceed USD 3.45 billion by 2024.
  • Valuation is projected to hit USD 5.13 billion by 2034.
  • Estimated to grow at a CAGR of 4.05% starting from 2025 to 2034.
  • North America dominated the global laboratory balances and scales market share in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By type, the analytical balances segment dominated the market in 2024.
  • By type, the precision balances segment is expected to grow at the fastest CAGR during the forecast period.
  • By component type, the load cells segment dominated the market in 2024.
  • By component type, the displays segment is expected to grow significantly during the forecast period.
  • By technology type, the mechanical balances segment dominated the market in 2024.
  • By technology type, the electronic balances segment is expected to be the fastest growing during the forecast period.
  • By end user, the pharmaceutical industry segment dominated the global laboratory balances and scales market in 2024.
  • By end user, the academic and research institutions segment is expected to grow significantly during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 3.59 Billion
Projected Market Size in 2034 USD 5.13 Billion
CAGR (2025 - 2034) 4.05%
Leading Region North America
Market Segmentation By Type, By Component, By Technology, By End-Use, By Region
Top Key Players Sartorius AG, A and D Company, Kern and Sohn, Bizerba, RHEINTACHO Messtechnik, Mettler-Toledo, Ohaus Corporation, Hanna Instruments, Shimadzu Corporation, Soehnle Professional, Scientech, Mettler Toledo, Thermo Fisher Scientific, Adam Equipment, Precisa Gravimetrics

Market Overview

For the consistent results, the laboratory balances and scales play an important role. At the same time, for the accurate measuring of the mass of solid and liquid samples, their use in pharmaceutical laboratories as well as in geotechnical testing laboratories is growing. Moreover, their use in the measurement of a wide range of substances in both laboratory and field environments is increasing, due to which various digital, suspension, and mechanical scales and balances are also being developed. Furthermore, portable balances and scales are also gaining momentum.

  • In May 2025, a collaboration between the University of Mumbai (MU) and Saint Louis University in the U.S. was formed to launch a new joint degree programme in MS in Chemical Sciences. The expertise from both universities will be offered in this collaboration, along with advanced laboratory facilities and diverse research methodologies in the field of Chemical Sciences.
  • In May 2025, the launch, along with an oversubscribed Series A financing round of $12 million for the Cloud Lab platform by Persist AI, which is a pioneer in AI-driven robotics for pharmaceutical formulation development and Chemistry, Manufacturing, and Controls (CMC), was announced. The platform accelerates drug development by providing state-of-the-art robotic laboratory facilities through a website. (Source - Morning Star)

What is the Role of AI in the Laboratory Balances and Scales Market?

AI plays an important role in enhancing the accuracy as well as providing self-calibrated balances and scales in the laboratory balance and scales market. With the use of these self-calibrated balances, the error can be minimized, and it can recalibrate itself if any changes are detected. Similarly, the AI-based balances also help in automated weighing, as well as recording. Thus, these advantages enhance their use in complex or multi-step procedures. Furthermore, their fast and accurate results are increasing their reliability, promoting their use.

Market Dynamics

Driver

Growing Research

The growing disease is increasing the interest among researchers, scientists, as well as academic students, which in turn is increasing the research conducted for the development of new diagnostic or treatment approaches. Similarly, the research conducted in the field of food and beverages, chemical industries, as well as in healthcare facilities, is also increasing. This, in turn, increases the use as well as the demand for laboratory balances and scales for the development of biologics or any other novel therapeutic approaches.   Thus, this enhances the laboratory balances and scales market growth.

Total No. of Diabetes Cases

The graph represents the total number of diabetes cases observed as per the CDC reports. It indicates that there is a rise in cases of diabetes, which in turn, increases the research conducted, increasing the demand for laboratory balances and scales during the development of new treatment options for its effective management. Thus, this in turn will ultimately promote the market growth.

Restraint

High Maintenance

The laboratory balances and scales are highly sensitive, as they need to detect the smallest change to provide accurate results. Thus, this requires maintenance as they can lose their sensitivity due to vibrations or even temperature changes. This increases the need for calibration before using them. Hence, their maintenance can restrain their use.

Opportunity

Why is Increasing Startups an Opportunity in the Laboratory Balances and Scales Market?

Various companies are advancing in drug development by launching various startups. This, in turn, is increasing the demand for laboratory balances and scale facilities. At the same time, startups for testing facilities are also contributing to their enhanced demand. Additionally, they are also focusing on the development of advanced or AI-based laboratory balances and scales to enhance the detection and calibration by minimizing errors. Thus, the use of laboratory balances and scales in various applications is increasing, promoting the laboratory balances and scales market growth.

For instance,

  • In June 2025, a seed funding of $2.2 million was received by Leumas, which is a Deeptech manufacturing startup that was led by Capital 2B, along with the participation of Anicut Capital and Capital-A. To scale on-demand manufacturing infrastructure, launch pilot deployments of dedicated factories for pharma brands and wellness, and expand R&D capabilities, this funding will be used by Leumas. (Source - En Tracker)

Segmental Insights

Which Type Segment Held the Dominating Share of the Laboratory Balances and Scales Market In 2024?

By type, the analytical balances segment held the dominating share of the market in 2024. The analytical balances provided accurate results, which increased their use in various industries. This contributed to the market growth.

By type, the precision balances segment is expected to show the fastest growth rate at a notable CAGR during the predicted time. The use of precision balances in various labs is growing as they can accurately measure large quantities of samples. Accurate measurements are highly essential in the pharmaceutical and biotechnology industries for the development of drugs and other therapeutics.

How Load Cells Segment Dominated the Laboratory Balances and Scales Market in 2024

By component type, the load cells segment led the market in 2024. The load cells were used in analytical, precision balances, and microbalances as they provided precise as well as repeatable measurements, which enhanced the market growth.

By component type, the displays segment is expected to be the significant growing during the upcoming years. The displays offer weighing history, which is mostly preferred in multistep procedures. Furthermore, their use in smart labs is also increasing.

What Made Mechanical Balances the Dominant Segment in the Laboratory Balances and Scales Market in 2024?

By technology type, the mechanical balances segment held the largest share of the market in 2024. The academic and research institutes mostly used these mechanical balances as they were affordable as well as did not require any electrical supplies.

By technology type, the electronic balances segment is expected to show the highest growth rate during the predicted time. The use of electronic balances is increasing as they can measure small samples accurately, enhancing their reliability.

Why Did the Pharmaceutical Industry Segment Dominate in the Laboratory Balances and Scales Market in 2024?

By end user, the pharmaceutical industry segment led the global market in 2024. The laboratory balances and scales in the pharmaceutical industry were mostly used for drug development and testing procedures. This, in turn, promoted the market growth.

By end user, the academic and research institutions segment is expected to show a significant growth rate during the upcoming years. The growing interest in research is increasing the use as well as demand for laboratory balances and scales in academic and research institutions.

Regional Insights

Well-Developed Industries Drive North America

North America dominated the laboratory balances and scales market in 2024. North America consisted of robust industries, with the presence of advanced facilities, focusing on the development of various therapeutic approaches. Thus, this contributed to the market growth.

The U.S. Laboratory Balances and Scales Market Trends

The industries present in the U.S. are developing various treatments as well as diagnostic options for a variety of diseases. This, in turn, increases the use as well as demand for laboratory balances and scales. Moreover, automated balances are also being used in these industries.

The Canada Laboratory Balances and Scales Market Trends

The laboratories present in Canada are well equipped with digital balances. At the same time, the use of advanced technologies to develop these balances and scales is also increasing, contributing to the development of smart labs.

Advancing Healthcare Boosts Asia Pacific

Asia Pacific is expected to host the fastest-growing laboratory balances and scales market during the forecast period. Asia Pacific is experiencing advancements in the healthcare sector, which in turn is increasing the demand for laboratory balances and scales, enhancing the market growth.

The China Laboratory Balances and Scales Market Trends

The industries in China are expanding to enhance drug development and commercialization. At the same time, the chemical and food, and beverage industries are also growing. Thus, the use of laboratory balances and scales in these industries is accelerated.

The India Laboratory Balances and Scales Market Trends

The healthcare sector in India is advancing in the development of various medications, along with a rise in generic drug development. This increases the use of laboratory balances and scales, which are further funded by the government.

Europe Driven by Robust Regulatory Framework

Europe is expected to grow significantly in the laboratory balances and scales market during the forecast period. The rules and regulations laid down by the regulatory bodies of Europe are strict, which promotes the use of well-calibrated and accurate laboratory balances and scales to eliminate errors. This promotes the market growth.

The Germany Laboratory Balances and Scales Market Trends

The industries as well as institutes in Germany are focusing on the development of new treatment approaches, increasing the use of balances and scales throughout the process. This, in turn, is further supported by the investments or funding provided by the government.

The UK Laboratory Balances and Scales Market Trends

The industries of various sectors in the UK are using laboratory balances and scales daily in various practices. At the same time, they are also contributing to the development of AI-based balances to enhance their workflow.

Top Companies in the Laboratory Balances and Scales Market

Laboratory Balances and Scales Market Companies

Latest Announcements by Industry Leaders

  • In April 2025, Senior Vice President and Head of Product Portfolio & Innovation at QIAGEN, Nitin Sood, stated during the announcement of plans to launch their 3 new sample preparation instruments that their commitment to provide flexible, efficient, and sustainable lab operations will be achieved by these launches. Furthermore, to deal with complicated challenges, different solutions can be provided by QIAsymphony Connect, QIAmini, and QIAsprint Connect, such as liquid biopsy to high-throughput screening, along with smart, scalable solutions. (Source - Businesswire)
  • In March 2025, General Manager, DDL, John Koch, announced that their investment in the new facility, which is an FDA-registered GMP lab, ensures that the resources and expertise are provided to the manufacturers to launch safe and effective products in the market, as the combination products market continues to grow. Furthermore, this investment also highlights their commitment to testing services for the life sciences industry. (Source - Finance)

Recent Developments in the Laboratory Balances and Scales Market

  • In May 2025, an agreement was signed between Teddy Laboratory and LabConnect, LLC., to amplify the innovative drugs development and commercialization globally. This collaboration will establish a full-chain laboratory service system in China as well as international markets. (Source - Finance)
  • In December 2025, a suite of pharmaceutical safety evaluation services was announced by Protheragen-ING Lab. The company consists of an ISO9001-certified infrastructure, which provides internationally accepted standards for pre-clinical safety testing, achieving a major development in the drug development landscape. (Source - PharmiWeb)

Segments Covered in the Report

By Type

  • Analytical Balances
  • Precision Balances
  • Top-loading Balances
  • Micro Balances
  • Floor Scales

By Component

  • Load Cells
  • Displays
  • User Interface
  • Software
  • Power Supply

By Technology

  • Mechanical Balances
  • Electronic Balances
  • Hybrid Balances

By End-Use

  • Pharmaceutical Industry
  • Food and Beverage Industry
  • Academic and Research Institutions
  • Chemical Industry
  • Healthcare Facilities

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 24 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The laboratory balances and scales market is projected to grow from USD 3.59 billion in 2025 to USD 5.13 billion by 2034 at a CAGR of 4.05%

AI is revolutionizing the market through self calibrating, error-minimizing, and automation enabled balances.

Asia Pacific is the fastest-growing region due to rapid healthcare expansion, government funding, and rising pharma manufacturing hubs in China and India.

High-growth product segments include precision balances, electronic balances, and smart displays

Regions like Europe and North America enforce strict accuracy, calibration, and safety standards, compelling manufacturers to invest in compliance-driven innovation.

Startups are actively disrupting the market by introducing AI-enabled weighing systems, digital integration platforms, and on-demand lab infrastructure

The market shows strong potential for sustained growth through 2034, driven by continuous R&D, automation trends, and global expansion of diagnostic and research infrastructures