Towards Healthcare
Life Science Consumables Market Size Hits USD 50.71 Bn by 2034

Life Science Consumables Market 2025 Emerging AI Trends, Key Players, and Global Forecast to 2034

Projections indicate that, life science consumables industry is projected to rise from USD 29.88 billion in 2024 to USD 50.71 billion by 2034, reflecting a CAGR of 5.44% over the next decade.The life science consumables market is growing strongly due to the rising R&D in genomics, drug development, and precision medicine. North America is leading the market due to technological advancements and rising demand for generic drugs.

  • Insight Code: 5921
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: July 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

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 market strategy to her research.

Shivani contributes to Towards Healthcare and plays an active role at Precedence Research, where she focuses on delivering in-depth market intelligence, competitive analysis, and trend forecasting across pharmaceuticals, medical devices, digital health, and healthcare services. Her insights support healthcare companies, investors, and policymakers in making data-backed decisions in a highly regulated and rapidly evolving sector.

Additionally, Shivani collaborates with Statifacts, further expanding her healthcare domain reach by engaging in diverse projects across global markets. Her strength lies in transforming complex clinical and commercial data into strategic narratives that help stakeholders navigate the future of healthcare.

FAQ's

The life science consumables market is projected to reach USD 50.71 billion by 2034, growing at a CAGR of 5.44% from 2024 to 2034.

North America is currently leading the life science consumables market due to the presence of large biotech and pharma companies that focus on various aspects of healthcare.

The life science consumables market includes five segments such as by product type, by application, by technology, by end-user, and by region.

A rising focus on developing personalized medicine is driving the life science consumables market.

Consumables are essential for preserving sample integrity, lowering contamination, guaranteeing precision, and fulfilling legal and safety requirements.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.