Asia Pacific Laboratory Balances and Scales Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Laboratory Balances and Laboratory Scale) and End User (Pharmaceutical/Biotechnology Products Testing Laboratories, Cosmeceutical Products Laboratories, Academic Institutes, and Research Laboratories)

Name: Asia Pacific Laboratory Balances and Scales Market
SKU: Medical Device
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Market Introduction

Asia Pacific laboratory balances and scales market is segmented on the basis of the five countries/sub-regions China, Japan, Australia, India, South Korea and rest of the Asia Pacific. Asia Pacific is expected to grow at the highest CAGR during the forecast period. China, India, and Japan are three major contributors to the growth of the market, which is driven by increasing number of research and development facilities and growing number of product launches. Augmentation of pharmaceutical sector in emerging markets is the major factor driving the growth of the APAC laboratory balances and scales market.

Following a string of pneumonia cases in Wuhan, the Chinese health authorities, the capital city of Hubei province (China), declared in January 2020 that these cases were caused by a novel coronavirus. The Asia Pacific healthcare industry is highly affected as the source of the COVID-19 pandemic was from an Asian country. Therefore, several governments have made numerous regulatory changes in the medical sector. For instance, in China, the Center for Medical Device Evaluation (CMDE) has announced adjustments of its medical device application acceptance and consultation services to start from February 3, 2020. It has encouraged the use of its online eRPS system. Also, it has temporarily suspended on-site acceptance of applications and consultation services. Similarly, in Singapore, the Singapore Health Sciences Authority (HSA) has issued an exemption order on January 31, 2020, for the health products. If this pandemic lasts for a longer time, it may impact the supply of active material and ingredients along with the import and export of pharmaceuticals. There is also the potential for negative impacts of both a medium- and longer-term nature on R&D and manufacturing activities, and delay on projects. Restrictive measures have been taken to control the spread of this pandemic.

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Market Overview and Dynamics

The laboratory balances and scales market in APAC is expected to grow from US$ 305.15 million in 2021 to US$ 460.33 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028. In recent years, the pharmaceutical industry has been growing at an unprecedented pace. Big pharmaceutical companies and contract research organizations (CROs) are coming up with new medicines and therapy forms to treat a wide range of indications. The biopharmaceuticals market is increasing. The strong demand for biologics and biosimilars has driven the growth of the industry. The biopharmaceutical industry is one of the most significant contributors to the economy. Factors such as increasing biologics approval, growing biosimilar pipeline, and rising investment in research activities are facilitating the growth of the industry. Moreover, biopharmaceutical research activities are gaining pace in emerging economies such as China and India, and offering lucrative opportunities for the growth of the market. Apart from this, increasing approvals in gene and cell therapies are favoring the growth of the market. The factors mentioned above are increasing the demand for the large scale production of various therapeutics, thereby facilitating the growth of the laboratory balances and scales market.

Key Market Segments

The market for APAC laboratory balances and scales market is segmented into type, end user, and country. Based on type, the market is segmented into laboratory balances and laboratory scale. The laboratory balances segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Further laboratory balances has been bifurcated into analytical balances, top-loading/precision balances, micro and ultra-micro balances, moisture balances, portable balances, and other balances. Similarly laboratory scale is bifurcated into bench scales, counting scales, compact scales, and other scales. Based on end user the market is segmented into pharmaceutical/biotechnology products testing laboratories, cosmeceutical products laboratories, research laboratories, and academic institutes. The pharmaceutical/biotechnology products testing laboratories segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the laboratory balances and scales market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are A&D Company, Limited. , Adam Equipment Ltd, BONSO Electronics International Inc., GRAM PRECISION, METTLER TOLEDO, OHAUS, Sartorius AG, and Scientech Inc. among others.

Reasons to buy report

To understand the APAC laboratory balances and scales market landscape and identify market segments that are most likely to guarantee a strong return
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Efficiently plan M&A and partnership deals in APAC laboratory balances and scales market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC laboratory balances and scales market
Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Laboratory Balances and Scales Market Segmentation

APAC Laboratory Balances and Scales Market -By Type

Laboratory Balances
- Analytical Balances
- Top-Loading/Precision Balances
- Micro and Ultra-Micro Balances
- Moisture Balances
- Portable Balances
- Other Balances
Laboratory Scale
- Bench Scales
- Counting Scales
- Compact Scales
- Other Scales

APAC Laboratory Balances and Scales Market -By End User

Pharmaceutical/Biotechnology Products Testing Laboratories
Cosmeceutical Products Laboratories
Research Laboratories
Academic Institutes

APAC Laboratory Balances and Scales Market -By Country

APAC Laboratory Balances and Scales Market -Company Profiles

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Laboratory Balances and Scales Market – By Type

1.3.2 APAC Laboratory Balances and Scales Market – By End-User

1.3.3 APAC Laboratory Balances and Scales Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Laboratory Balances and Scales Market – Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

4.3 Expert Opinion

5. APAC Laboratory Balances and Scales Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Accelerated Growth of Pharmaceutical and Biotechnology Industry

5.1.2 Raised Number of Research Pipelines of Pharma-Biotech Companies and Contract Research Organizations

5.2 Market Restraints

5.2.1 Sparse Replacement Rate Among End Users

5.3 Market Opportunities

5.3.1 Augmentation of Pharmaceutical Sector in Emerging Markets

5.4 Future Trends

5.4.1 Technological Developments in Laboratory Balances and Scales

5.5 Impact Analysis

6. Laboratory Balances and Scales Market –APAC Analysis

6.1 APAC Laboratory Balances and Scales Market Revenue Forecast and Analysis

7. APAC Laboratory Balances and Scales Market Analysis – By Type

7.1 Overview

7.2 APAC Laboratory Balances and Scales Market Revenue Share, by Type (2021 and 2028)

7.3 Laboratory Balances

7.3.1 Overview

7.3.2 Laboratory Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3 Analytical Balances

7.3.3.1 Overview

7.3.3.2 Analytical Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.4 Top-Loading/Precision Balances

7.3.4.1 Overview

7.3.4.2 Top-Loading/Precision Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.5 Micro and Ultra-Micro Balances

7.3.5.1 Overview

7.3.5.2 Micro and Ultra-Micro Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.6 Moisture Balances

7.3.6.1 Overview

7.3.6.2 Moisture Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.7 Portable Balances

7.3.7.1 Overview

7.3.7.2 Portable Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.3.8 Other Balances

7.3.8.1 Overview

7.3.8.2 Other Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Laboratory Scale

7.4.1 Overview

7.4.2 Laboratory Scale: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3 Bench Scale

7.4.3.1 Overview

7.4.3.2 Bench Scale: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.4.4 Counting Scales

7.4.4.1 Overview

7.4.4.2 Counting Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.4.5 Compact Scales

7.4.5.1 Overview

7.4.5.2 Compact Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

7.4.6 Other Scales

7.4.6.1 Overview

7.4.6.2 Other Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Laboratory Balances and Scales Market – By End User

8.1 Overview

8.2 APAC Laboratory Balances and Scales Market, by End User, 2021 and 2028 (%)

8.3 Pharmaceutical and Biotechnology Products Testing Laboratories

8.3.1 Overview

8.3.2 Pharmaceutical and Biotechnology Products Testing Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Academic Institutes

8.4.1 Overview

8.4.2 Academic Institutes: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Cosmeceutical Products Laboratories

8.5.1 Overview

8.5.2 Cosmeceutical Products Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Research Laboratories

8.6.1 Overview

8.6.2 Research Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Laboratory Balances and Scales Market Analysis and Forecasts To 2028 – Country Analysis

9.1 Asia Pacific: Laboratory Balances and Scales Market

9.1.1 Overview

9.1.2 Asia Pacific: Laboratory Balances and Scales Market, by Country, 2021 & 2028 (%)

9.1.2.1 China: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.1.1 China: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.1.2 China Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.2.1 China Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.2.2 China Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.3 China Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

9.1.2.2 Japan: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.1 Japan: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.2 Japan Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.2.1 Japan Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.2.2 Japan Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.3 Japan Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

9.1.2.3 India: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.3.1 India: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.3.2 India Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.2.1 India Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.2.2 India Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.3 India Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

9.1.2.4 South Korea: Laboratory Balances and Scales Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.2.4.1 South Korea: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.4.2 South Korea Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.2.1 South Korea Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.2.2 South Korea Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.3 South Korea Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

9.1.2.5 Australia Laboratory Balances and Scales Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.2.5.1 Australia: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.5.2 Australia Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.2.1 Australia Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.2.2 Australia Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.3 Australia Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

9.1.2.6 Rest of Asia Pacific Laboratory Balances and Scales Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.2.6.1 Rest of Asia Pacific: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

9.1.2.6.2 Rest of Asia Pacific Laboratory Balances and Scales Market, by Type – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.3 Rest of Asia Pacific Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.3.1 Rest of Asia Pacific Laboratory Balances and Scales Market, by Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.3.2 Rest of Asia Pacific Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

10. Impact of COVID-19 Pandemic on APAC Laboratory Balances and Scales Market

10.1 Overview

11. Laboratory Balances and Scales Market–Industry Landscape

11.1.1 Organic Developments Done by Companies

12. Company Profiles

12.1 METTLER TOLEDO

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Sartorius AG

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 OHAUS

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Adam Equipment Ltd

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 GRAM PRECISION

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Scientech Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 BONSO Electronics International Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 A&D Company, Limited.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. APAC Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. China Laboratory Balances and Scales Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 3. China Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 4. China Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 5. China Laboratory Balances and Scales Market, By End User – Revenue and Forecast to 2028 (USD Million)

Table 6. Japan Laboratory Balances and Scales Market, By Type– Revenue and Forecast to 2028 (USD Million)

Table 7. Japan Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 8. Japan Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 9. Japan Laboratory Balances and Scales Market, By End User– Revenue and Forecast to 2028 (USD Million)

Table 10. India Laboratory Balances and Scales Market, By Type– Revenue and Forecast to 2028 (USD Million)

Table 11. India Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 12. India Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 13. India Laboratory Balances and Scales Market, By End User– Revenue and Forecast to 2028 (USD Million)

Table 14. South Korea Laboratory Balances and Scales Market, By Type – Revenue and Forecast to 2028 (USD Million)

Table 15. South Korea Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 16. South Korea Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 17. South Korea Laboratory Balances and Scales Market, By End User – Revenue and Forecast to 2028 (USD Million)

Table 18. Australia Laboratory Balances and Scales Market, By Type– Revenue and Forecast to 2028 (USD Million)

Table 19. Australia Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 20. Australia Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 21. Australia Laboratory Balances and Scales Market, By End User– Revenue and Forecast to 2028 (USD Million)

Table 22. Rest of Asia Pacific Laboratory Balances and Scales Market, By Type– Revenue and Forecast to 2028 (USD Million)

Table 23. Rest of Asia Pacific Laboratory Balances and Scales Market, By Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 24. Rest of Asia Pacific Laboratory Balances and Scales Market, By Laboratory Scale – Revenue and Forecast to 2028 (USD Million)

Table 25. Rest of Asia Pacific Laboratory Balances and Scales Market, By End User– Revenue and Forecast to 2028 (USD Million)

Table 26. Glossary of Terms, APAC Laboratory Balances and Scales Market

LIST OF FIGURES

Figure 1. APAC Laboratory Balances and Scales Market Segmentation

Figure 2. APAC Laboratory Balances and Scales Market – By Country

Figure 3. APAC Laboratory Balances and Scales Market Overview

Figure 4. Laboratory Balances Segment Held Largest Share of APAC Laboratory Balances and Scales Market

Figure 5. China to Show Remarkable Growth During Forecast Period

Figure 6. Asia-Pacific PEST Analysis

Figure 7. APAC Laboratory Balances and Scales Market Impact Analysis of Driver and Restraints

Figure 8. Global Laboratory Balances and Scales Market – Revenue Forecast and Analysis

Figure 9. APAC Laboratory Balances and Scales Market Revenue Share, by Type (2021 and 2028)

Figure 10. APAC Laboratory Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. APAC Analytical Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. APAC Top-Loading/Precision Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Micro and Ultra-Micro Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Moisture Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Portable Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Other Balances: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Laboratory Scale: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Bench Scale: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Counting Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Compact Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC Other Scales: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Laboratory Balances and Scales Market, by End User, 2021 and 2028 (%)

Figure 23. APAC Pharmaceutical and Biotechnology Products Testing Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. APAC Academic Institutes: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Cosmeceutical Products Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC Research Laboratories: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Asia Pacific: Laboratory Balances and Scales Market, By Key Country – Revenue (2021) (USD Million)

Figure 28. Asia Pacific: Laboratory Balances and Scales Market, By Country, 2021 & 2028 (%)

Figure 29. China Laboratory Balances and Scales Market Revenue and Forecasts To 2028 (USD Million)

Figure 30. Japan: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

Figure 31. India: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

Figure 32. South Korea: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

Figure 33. Australia: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

Figure 34. Rest of Asia Pacific: Laboratory Balances and Scales Market- Revenue and Forecasts to 2028 (USD Million)

Figure 35. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

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