The US life sciences research tools market encompasses analytical tools, instruments, consumables, reagents, and services (e.g., X-rays and sample preparation). Tools include laboratory automation and technologies that provide molecular insight into disease mechanisms and enable novel therapeutic and medical device development to improve human health. The umbrella term applies to several applications, such as genomics, proteomics, and cell biology. The end-user focus is academia. The converging ecosystem includes government, National Institutes of Health (NIH)-funded institutes/organizations (e.g., academic research labs, non-profit research organizations, and hospitals), and private industries.
The analysis includes growth in the life sciences industry and the prominent increase in the R&D sector that will significantly enhance the research tools space. The study highlights discussions on scientific trends, government policies, and science spending budget proposals.
The growth environment encompasses opportunities in the consumable and technologies market segment. Multi-omics research, artificial intelligence (AI)-based risk prediction and stratification prototypes, and open innovation collaborations present growth opportunities.
Frost & Sullivan finds that the manifesto to launch the ARPA-H in 2022 to drive translational research provides funding opportunities for diabetes, Alzheimer's disease, cancer, and infectious diseases. The NIH’s new research model, rooted in biological sciences, implies an enlivening change from the traditional funding mechanism and is expected to foster academic collaboration.
Major market participants are Roche, Thermo Fisher Scientific, Bio-Rad Laboratories, Bruker, Danaher, GE Healthcare, Illumina, MilliporeSigma, Qiagen, Sartorius Group, Waters, PerkinElmer, Shimadzu, and Luminex (DiaSorin).
Author: Amartya Bose
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Life Sciences Research Tools Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Life Sciences Research Tools Market—Post-COVID-19 Round Up
Life Sciences Research Tools Market—Most Impacted Stakeholders
Life Sciences Research Tools Market—Demand for Academic Research on COVID-19
Life Sciences Research Tools Market—Scenarios Impacting Academic Funding Sources
Key Trend 1—Flurry of Cash Fuels the Life Sciences Research Tools Market, 2021
Key Trend 2—The Beginning of the ARPA-H
Growth Drivers
Growth Restraints
Growth Environment
Growth Opportunity 1—Multi-omics Research to Develop Novel Insights for Chronic Disease Events
Growth Opportunity 1—Multi-omics Research to Develop Novel Insights for Chronic Disease Events (continued)
Growth Opportunity 2—AI-based Risk Prediction and Stratification Prototypes for Long COVID-19 Research
Growth Opportunity 2—AI-based Risk Prediction and Stratification Prototypes for Long COVID-19 Research (continued)
Growth Opportunity 3—Open Innovation Collaborations for Translational Research
Growth Opportunity 3—Open Innovation Collaborations for Translational Research (continued)
List of Exhibits
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| Deliverable Type | Market Research |
|---|---|
| Author | Amartya Bose |
| Industries | Healthcare |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | K72C-01-00-00-00 |
US Life Sciences Research Tools Growth Opportunities
Transformational Growth with the Proposed Launch of ARPA-H to Spur Investments across High-risk, High-reward Translational Research Projects, Foster Breakthroughs, and Facilitate Equitable Access to Care
13-Apr-2022
North America
Market Research
