Towards Healthcare
Life Science Equipment Market Booms USD 120.82 Billion by 2034

Life Science Equipment Market 2025 to 2034 Forecast Asia-Pacific to Lead Fastest Regional Growth

Projections indicate that, life science equipment industry is projected to rise from USD 63.72 billion in 2024 to USD 120.82 billion by 2034, reflecting a CAGR of 6.34% over the next decade.The growing research and development activities and technological advancements bolster market growth. The presence of key players and state-of-the-art R&D facilities contributes to North America’s dominance.

  • Insight Code: 5908
  • 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 equipment market is projected to reach USD 120.82 billion by 2034, growing at a CAGR of 6.34% from 2025 to 2034.

North America is leading the life science equipment market due to the availability of state-of-the-art research and development facilities, the presence of key players, and increasing investments.

The life science equipment market has five segments including by equipment type, by application, by technology, by end-user, and by region.

Some key players include Agilent Technologies, Beckman Coulter, and Shimadzu Corporation.

Key trends include the growing research and development activities, technological advancements, and the increasing demand for personalized medicines.

Some branches of life science are biology, astrobiology, biochemistry, bioinformatics, ecology, genetics, paleontology, and zoology.

National Institute of Health, Ontario Center of Innovation, Germany Trade & Invest, GOV.UK