Market Insight

The demand for laboratory products is rising due to advancements in the field of biological and chemical research. The increasing volume of life science research investigations and clinical laboratory tests is boosting the demand for laboratory disposable products. The market is also projected to gain continuous demand for a constant supply of key laboratory devices and equipment among procurement managers in the pharmaceutical and healthcare sectors.

Laboratories require a variety of equipment and instruments to run tests and research. General lab equipment can be found in research labs, educational labs, diagnostic testing in medical labs, quality assurance, research & development, manufacturing, and more. The use of laboratory equipment allows faster analyses that add value to the laboratory itself by increasing the capacity of the instrument, thus allowing to perform more tests every day. The faster methods may even allow testing to be consolidated onto fewer instruments that can reduce consumables, maintenance, requirements for regulatory documentation, and overall costs.

Technology trends are also increasing laboratory capabilities. Innovative technology and methods allow scientists and laboratory technicians to work more efficiently and accurately than ever before. Smart technology, automation, miniaturization, and artificial intelligence are becoming real-world, streamlining life in the lab. Simultaneously , the pressure to deliver results quickly is also increasing. Hence, laboratories must be fast and agile. For laboratory managers, a key way to increase efficiency is improving the purchasing process. The lab suppliers are also trying to make the product selection and ordering processes simpler.

Technological advancements in laboratory equipment are also driving its adoption. Modern laboratory instruments have interfaces that make their operation easy for users. BrandTech Scientific, Inc. offers an electronic pipette with touchscreen operation and automatic tip ejection. It has a screen that operates like a smartphone , allowing users to access functions with a simple swipe.