The UK life science instrumentation market is projected to grow at a significant CAGR of around 5.7% during the forecast period (2021-2027). Significant rise in the mortality rate due to the high incidence of cancer and chronic diseases in the region has been a major concern for the country. Many research institutes are carrying research to find innovative solutions to cure human diseases such as, cell culture, next-generation sequencing that further require various tools and instrumentation. Therefore, growth in the research activities in the country for the treatment of various chronic diseases such as cancer, CVD in the country further encourages the demand of life science instrumentation in the country.
Browse the full report description of "UK Life Science Instrumentation Market Size, Share & Trends Analysis Report by Technology (Chromatography, Spectroscopy, Polymerase Chain Reaction (PCR), Clinical Chemistry Analyzers, Immunoassays, Next Generation Sequencing (NGS), Flow Cytometry, Microscopy, and Others), By End-User (Pharmaceutical & Biotechnology Companies, Research Institutes, and Hospitals &Laboratories) and Forecast 2019-2025" at https://www.omrglobal.com/industry-reports/uk-life-science-instrumentation-market
Overall, the colorectal cancer incidence is on rising in the country especially in men which may influence the need for cell culture techniques coupled with life science instrumentation. As per data of Office for National Statistics, between 2011 and 2016, a growth of 1.1% in total incidences of colorectal cancer has been observed whereas a down of 0.4% has been observed in the female. The incidence rate is going down; however, the total number of mortalities has been increased by nearly 4.8% combinedly in male and female. Additionally, per capita healthcare investment from the nation’s government and the public is higher than other emerging nations which aids in the significant market growth in the near future.
Market Coverage
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Report Elements |
Details |
|
Study Period |
2020-2027 |
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Base year |
2020 |
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Forecast period |
2021-2027 |
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Segments Covered |
By Technology and by End-User |
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Key Companies Profiled |
BiomerieuxS.A., Carl Zeiss AG, Merck KGaA, QIAGEN N.V., Thermo Fisher Scientific, Inc., Tecan
Trading AG and others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected segment
o Recommendations
UK Life Science Instrumentation Market – Segmentation
By Technology
By End-User
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