Global Laboratory Equipment Market Opportunities and Forecast 2032 at 6.2% CAGR
The global laboratory equipment market is witnessing significant growth, driven by technological advancements, increasing research activities, and expanding healthcare infrastructure. The growing need for precision instruments in scientific research, diagnostics, and pharmaceutical development is fueling market expansion worldwide.

 

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The global laboratory equipment market size was valued at approximately USD 50 billion in 2023, and it is projected to reach around USD 85 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period.