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 machines market in the United States is projected to reach US$15.6 million by the year 2015. In Europe, Germany and France, together, account for over 46% of the total market. Two leading markets for Undercounter/ tabletop laboratory washing machines are the Europe and the US while Asia is emerging as the fast growing market. Undercounter/ tabletop laboratory washing machines market in Europe is projected to reach US$8.9 million by the year 2012.
Leading global and regional players operating in the industry include Getinge USA Inc, Hotpack Corp, Labconco Corp, Lancer Industrie SA, Miele Inc, SMEG S.p.A, Steris Corp, and Steris AG, among others.
The report, titled "Laboratory Washing Machines: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key regional markets. Product markets analyzed in the report include Freestanding Laboratory Washing Machines and Undercounter/ Tabletop Laboratory Washing Machines. Latent demand patterns in product markets are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific and Latin America, among others. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.
For more details about this research report, please visit http://www.strategyr.com/Laboratory_Washing_Machines_Market_Report.asp.
About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
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