World Laboratory Washing Machines Market to Reach $84.9 Million by 2012, According to New Report by Global Industr... ( Encouraged b...)

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World Laboratory Washing Machines Market to Reach $84.9 Million by 2012, According to New Report by Global Industry Analysts

Date:11/10/2008

Encouraged by the rise in the number of laboratories, and lab equipment replacements, the world laboratory washing machines market is projected to reach $84.9 million by the year 2012. Developing markets of Asia-Pacific and Latin America hold strong potential for future growth, given the waxing demand for laboratory, scientific and analytical instruments in these markets. Quality, durability, efficiency, and safety are few of the products variables that are expected to help the market score gains in the upcoming years.

San Jose, CA (PRWEB) November 10, 2008 -- The world laboratory washing machines market stands enthused by the rising international standards, and stringent regulations over infection control in laboratories. Establishment of research-intensive labs, which employ high-throughput high-volume washers for cleaning large volumes of laboratory equipments, is expected to offer expanded business opportunities in the marketplace. Continuous product, and technology innovation, through heavy investments in research and development activities, is expected to help keep end-user interests sufficiently kindled. As stated by the recent report published by Global Industry Analysts, Inc., world market for laboratory washing machines is dominated by Europe and United States together accounting for a share of 58.65% estimated in the year 2008.

Freestanding laboratory washing machines represents the largest product segment with global sales in this market poised to rise by 3.77% between the period 2011 to 2015. Freestanding laboratory washing m
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World Laboratory Washing Machines Market to Reach $84.9 Million by 2012, According to New Report by Global Industry Analysts

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