sales@businessmarketinsights.com     UK: +442081254005
   

South America 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)

Code: TIPRE00023846 | Pages: 120 | Industry: Medical Device | Date: Jul 2021
Covid

Market Introduction

South America laboratory balances and scales market is studied based on the two major countries such as Brazil, Argentina and based on rest of South America. The recent technological developments have had a direct impact on the economy of Brazil that has advanced to a large extent. The cost savings advantage and higher work efficiencies achieved are cited as the major attracting points for manufacturing companies to establish bases in South America. Latin American economy is facing a lot instability in the current times and poses a challenge to the developing economies. Brazil has manufacturing plants of many pharmaceutical companies. Added to that, many foreign companies often collaborate and partner with Brazilian laboratories and local companies for the development of biotechnology-based medicines. The collaborative efforts are expected to yield in development of novel products in Brazil over the forecast years. Most of the research is conducted in universities and other federal state institutions in Brazil. As per the DWIH São Paulo, biotechnology research is one of the first-tier priorities in Brazil. Thus, the government has established various policies and rules to stimulate the biotech research in the country. For instance, the government established National Policy of Science since 2004 that aims to transform the biotechnology sector into strategic component for revenue generation and development of country. Fast growth of pharmaceutical and biotechnology industry is the major factor driving the growth of the SAM laboratory balances and scales market.

COVID-19 cases are increasing in SAM. With the outbreak of the second wave of COVID-19, the number of cases in Latin American countries has increased. Now, the nation is increasingly expanding its clinical services to combat the novel corona virus. The COVID-19 pandemic has badly impacted countries such as Brazil and Argentina. According to Worldometers, as of June 28, 2021, Brazil had 18, 448, 402 COVID-19 positive cases, and in Argentina, there were 4,423,636. The increasing incidences of COVID-19 have increased demand for several laboratory testing which consequently create vital growth opportunities for the target market.Despite this impact, the region's biotechnology industry is doing little to fight the virus, and the lack of projects has exposed the sector's vulnerability. There are a few unrelated and autonomous projects going on, but they are happening independently of one another, meaning that there is no strong biotech network. The Brazilian pharmaceutical industry is facing challenges of trying to contain the COVID-19 pandemic while dealing with enormous cost pressures. In Brazil, the rise in the dollar has made importing APIs more expensive and also there is increase in logistics costs, due to the reduction in air traffic, with the consequent upsurge in freight costs. Additionally, there is also significant increase in the prices of raw materials, inputs and finished products. These factors are likely to have negative impact on the market.




Market Overview and Dynamics

The laboratory balances and scales market in SAM is expected to grow from US$ 73.91 million in 2021 to US$ 102.08 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. Laboratory balances and scales are used to measure mass and weight of pharmaceutical as well as biotechnology substances in research laboratories. These scales and balances are used to weigh pharmaceutical chemicals, biological samples, stents, and tiny components of medical devices. Maintaining proper weights and mass plays a vital role in early stages of any clinical trials. Hence, these instruments are crucial for drug and devices development. Continual research and development activities conducted by market players are leading to new product introductions with enhanced capabilities. Furthermore, the industry players are also emphasizing on incorporating new software and programing technologies in laboratory balances and scales. In November 2020, METTLER TOLEDO announced launch of its new brand XPR106DUH in order to offer superior precision for material weighing. The newly introduced product offers weight readability from 0.01 mg to 220 g. In addition, the increasing number of business activities among market players is anticipated to accelerate the growth of the laboratory balances and scales market during the forecast period. For instance, in January 2021, Cole-Parmer, an Antylia Scientific Company, completed acquisition of ZeptoMetrix in order to expand its quality control products portfolio. Such developments are also likely to drive the market in years to come.

Key Market Segments

The market for SAM 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 SAM 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 SAM laboratory balances and scales market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM laboratory balances and scales market
  • Efficiently plan M&A and partnership deals in SAM 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 SAM laboratory balances and scales market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM Laboratory Balances and Scales Market Segmentation

SAM 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

SAM Laboratory Balances and Scales Market -By End User

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

SAM Laboratory Balances and Scales Market -By Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Laboratory Balances and Scales Market -Company Profiles

  • A&D Company, Limited.
  • Adam Equipment Ltd
  • BONSO Electronics International Inc.
  • GRAM PRECISION
  • METTLER TOLEDO
  • OHAUS
  • Sartorius AG
  • Scientech Inc.
 

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        SAM Laboratory Balances and Scales Market – By Type

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

1.3.3        SAM 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.           SAM Laboratory Balances and Scales Market – Market Landscape

4.1         Overview

4.2         SAM PEST Analysis

4.3         Expert Opinion

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

5.1         Market Drivers

5.1.1        Fast Growth of Pharmaceutical and Biotechnology Industry

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

5.2         Market Restraints

5.2.1        Confined Replacement Rate Among End Users

5.3         Market Opportunities

5.3.1        Proliferation 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 – SAM Analysis

6.1         SAM Laboratory Balances and Scales Market Revenue Forecast and Analysis

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

7.1         Overview

7.2         SAM 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.           SAM Laboratory Balances and Scales Market – By End User

8.1         Overview

8.2         SAM 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.           SAM Laboratory Balances and Scales Market Analysis and Forecasts To 2028 – Country Analysis

9.1         South and Central America: Laboratory Balances and Scales Market

9.1.1        Overview

9.1.1.1          SAM: Laboratory Balances and Scales Market, by Country, 2021 & 2028(%)

9.1.1.2          Brazil: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.2.1          Brazil: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

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

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

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

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

9.1.1.3          Argentina: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.3.1          Argentina: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

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

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

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

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

9.1.1.4          Rest of SAM: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.1          Rest of SAM: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.2          Rest of SAM Laboratory Balances and Scales Market, by Laboratory Balances and Scales Type – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.2.1       Rest of SAM Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

9.1.1.4.2.2       Rest of SAM Laboratory Balances and Scales Market, by Laboratory Scales – Revenue and Forecast to 2028 (USD Million)

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

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

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

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

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

Table 4.             Brazil Laboratory Balances and Scales Market, by Laboratory Scales – Revenue and Forecast to 2028 (USD Million)

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

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

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

Table 8.             Argentina Laboratory Balances and Scales Market, by Laboratory Scales – Revenue and Forecast to 2028 (USD Million)

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

Table 10.          Rest of SAM Laboratory Balances and Scales Market, by Laboratory Balances and Scales Type – Revenue and Forecast to 2028 (USD Million)

Table 11.          Rest of SAM Laboratory Balances and Scales Market, by Laboratory Balances – Revenue and Forecast to 2028 (USD Million)

Table 12.          Rest of SAM Laboratory Balances and Scales Market, by Laboratory Scales – Revenue and Forecast to 2028 (USD Million)

Table 13.          Rest of SAM Laboratory Balances and Scales Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 14.          Glossary of Terms, SAM Laboratory Balances and Scales Market

LIST OF FIGURES

Figure 1.           SAM Laboratory Balances and Scales Market Segmentation

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

Figure 3.           SAM Laboratory Balances and Scales Market Overview

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

Figure 5.           Brazil to Show Remarkable Growth During Forecast Period

Figure 6.           SAM PEST Analysis

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 27.        South and Central America: Laboratory Balances and Scales Market, by Key Country – Revenue (2021) (USD Million)

Figure 28.        SAM: Laboratory Balances and Scales Market, by Country, 2021 & 2028(%)

Figure 29.        Brazil: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

Figure 30.        Argentina: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

Figure 31.        Rest of SAM: Laboratory Balances and Scales Market – Revenue and Forecast to 2028 (USD Million)

Figure 32.        Impact of COVID-19 Pandemic in SAM Market

  1. A&D Company, Limited.
  2. Adam Equipment Ltd
  3. BONSO Electronics International Inc.
  4. GRAM PRECISION
  5. METTLER TOLEDO
  6. OHAUS
  7. Sartorius AG
  8. Scientech Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM Laboratory Balances and Scales market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM Laboratory Balances and Scales market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the Laboratory Balances and Scales market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 

Related Tags South America Laboratory Balances and Scales Market South America Laboratory Balances and Scales Market Research South America Laboratory Balances and Scales Market Insight South America Laboratory Balances and Scales Market Trends South America Laboratory Balances and Scales Market Forecast South America Laboratory Balances and Scales Market Share South America Laboratory Balances and Scales Market 2028 South America Laboratory Balances and Scales Market Growth South America Laboratory Balances and Scales Industry Sector South America Laboratory Balances and Scales PDF Report South America Laboratory Balances and Scales Analysis South America Laboratory Balances and Scales Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000