U.S. Analytical Laboratory Instrument Market. Analysis And Forecast to 2030
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View PricingAnalytical Laboratory Instrument Price in the United States - 2023
Contents:
- Analytical Laboratory Instrument Price in the United States (CIF) - 2023
- Analytical Laboratory Instrument Price in the United States (FOB) - 2023
- Analytical Laboratory Instrument Imports in the United States
- Analytical Laboratory Instrument Exports in the United States
Analytical Laboratory Instrument Price in the United States (CIF) - 2023
In August 2023, the average analytical laboratory instrument import price amounted to $116 per unit, approximately mirroring the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 8% m-o-m. Over the period under review, average import prices reached the peak figure at $129 per unit in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Singapore ($263 per unit), while the price for Taiwan (Chinese) ($76.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Analytical Laboratory Instrument Price in the United States (FOB) - 2023
In August 2023, the average analytical laboratory instrument export price amounted to $558 per unit, remaining constant against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. The export price peaked at $610 per unit in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the Netherlands ($1,114 per unit), while the average price for exports to the Czech Republic ($149 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Analytical Laboratory Instrument Imports in the United States
Analytical laboratory instrument imports into the United States stood at 69M units in 2022, growing by 2.7% against 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,332%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, analytical laboratory instrument imports expanded rapidly to $8.3B in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Analytical Laboratory Instrument in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,127 | 1,028 | 1,203 | 1,319 | 5.4% |
Japan | 1,247 | 980 | 1,001 | 1,095 | -4.2% |
Singapore | 770 | 863 | 912 | 996 | 9.0% |
United Kingdom | 477 | 438 | 479 | 566 | 5.9% |
China | 453 | 441 | 510 | 522 | 4.8% |
Mexico | 417 | 424 | 490 | 518 | 7.5% |
Switzerland | 299 | 369 | 446 | 391 | 9.4% |
Sweden | 271 | 292 | 311 | 378 | 11.7% |
Canada | 285 | 291 | 332 | 357 | 7.8% |
Malaysia | 144 | 152 | 210 | 258 | 21.5% |
Denmark | 99.1 | 106 | 130 | 158 | 16.8% |
Taiwan (Chinese) | 71.3 | 75.3 | 95.8 | 113 | 16.6% |
South Korea | 73.3 | 70.3 | 89.1 | 86.8 | 5.8% |
Others | 1,279 | 1,130 | 1,449 | 1,496 | 5.4% |
Total | 7,013 | 6,661 | 7,658 | 8,254 | 5.6% |
Top Suppliers of Analytical Laboratory Instrument to the United States in 2022:
- Japan (10.2M units)
- Germany (10.1M units)
- China (6.6M units)
- Mexico (5.8M units)
- United Kingdom (4.4M units)
- Singapore (3.6M units)
- Switzerland (3.6M units)
- Canada (3.2M units)
- Malaysia (2.6M units)
- Sweden (2.3M units)
- Denmark (1.6M units)
- Taiwan (Chinese) (1.5M units)
- South Korea (1.5M units)
Analytical Laboratory Instrument Exports in the United States
In 2022, approx. 15M units of analytical laboratory instruments were exported from the United States; growing by 7.7% against the previous year's figure. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 507% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, analytical laboratory instrument exports expanded rapidly to $8.1B in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Analytical Laboratory Instrument in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,210 | 1,294 | 1,280 | 1,412 | 5.3% |
Germany | 619 | 669 | 759 | 781 | 8.1% |
Canada | 447 | 416 | 482 | 562 | 7.9% |
Japan | 372 | 371 | 423 | 534 | 12.8% |
Netherlands | 415 | 458 | 544 | 528 | 8.4% |
South Korea | 389 | 410 | 420 | 483 | 7.5% |
Singapore | 372 | 340 | 430 | 470 | 8.1% |
Mexico | 279 | 278 | 272 | 315 | 4.1% |
United Kingdom | 263 | 242 | 262 | 278 | 1.9% |
Taiwan (Chinese) | 174 | 169 | 206 | 268 | 15.5% |
France | 197 | 196 | 198 | 228 | 5.0% |
Brazil | 194 | 167 | 194 | 211 | 2.8% |
India | 177 | 163 | 169 | 204 | 4.8% |
Others | 1,675 | 1,575 | 1,702 | 1,819 | 2.8% |
Total | 6,783 | 6,748 | 7,342 | 8,092 | 6.1% |
Top Export Markets for Analytical Laboratory Instrument from the United States in 2022:
- Canada (2.1M units)
- Mexico (1.4M units)
- China (1.4M units)
- Germany (1.0M units)
- South Korea (1.0M units)
- Japan (1.0M units)
- United Kingdom (0.8M units)
- Netherlands (0.7M units)
- Brazil (0.5M units)
- Taiwan (Chinese) (0.5M units)
- Singapore (0.5M units)
- India (0.4M units)
- France (0.3M units)
This report provides an in-depth analysis of the analytical laboratory instrument market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 334516 - Analytical laboratory instrument manufacturing
Companies mentioned:
- Thermo Fisher Scientific
- Bio-RAD Laboratories
- Idexx Laboratories
- Perkinelmer
- Waters Corporation
- Illumina
- Coherent
- Affymetrix
- Fei Company
- Hach Company
- Cepheid
- Electro Scientific Industries
- Thorlabs
- Bruker Corporation
- Parata Systems
- Quest Diagnostics Nichols Institute
- Siemens Medical Solutions Diagnostics
- Applied Biosystems
- Alza Corporation
- Halma Holdings
- Dionex Corporation
- O.I. Corporation
- Andrx Pharmaceuticals
- Novartis Pharmaceuticals Corporation
- Varian
- Shire Pharmaceuticals
- Flir Detection
- EMD Holding Corp.
- Waters Technologies Corporation
- Thermoquest Corporation
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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