Rising Demand for Diagnostic Testing Creates New Growth...

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2026-08-10 12:19:20 -

Rising Demand for Diagnostic Testing Creates New Growth Opportunities for Laboratory Consumables

The global laboratory consumables market is expanding steadily as research institutions, healthcare facilities, pharmaceutical companies, and biotechnology firms increase their reliance on laboratory testing and analysis. Valued at US$ 191.2 Bn in 2022, the market is projected to grow at a CAGR of 5.1% from 2023 to 2031, reaching more than US$ 301.2 Bn by 2031. Growing investment in research...

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