Analytical Instrumentation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Analytical Instrumentation Market Report is Segmented by Product Type (Chromatography, Molecular Analysis Spectroscopy, Elemental Analysis Spectroscopy, Mass Spectroscopy, and Analytical Microscopes, Other Product Types), End-User Industry (Life Sciences, Chemical and Petrochemical, Oil and Gas, Material Sciences, Food Testing, and Water and Wastewater, Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Value (USD ) for all the Above Segments.

Analytical Instrumentation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Analytical Instrumentation Market Size

Analytical Instrumentation Market Summary
Study Period 2020 - 2030
Market Size (2025) USD 55.29 Billion
Market Size (2030) USD 77.04 Billion
CAGR (2025 - 2030) 6.86 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Analytical Instrumentation Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Analytical Instrumentation Market Analysis

The Analytical Instrumentation Market size is estimated at USD 55.29 billion in 2025, and is expected to reach USD 77.04 billion by 2030, at a CAGR of 6.86% during the forecast period (2025-2030).

  • The main demand driver of the global analytical instrument market is the development of the research & development sector. In addition, the growing collaboration among the manufacturers and governments to offer the best instruments in university laboratories, government, and several other research institutions are expected to contribute to the market growth worldwide.
  • The rising concerns regarding product quality, increasing investments in R&D, and stringent government regulations are some major factors driving the growth of the global analytical instrumentation market (henceforth referred to as the market studied). The rising customer awareness, especially in emerging regions, and the need for analytical instruments across multiple sectors are further expected to augment the market's growth over the forecast period.
  • In recent years, the growth in the market studied was primarily driven by factors such as government initiatives for pollution control and environmental testing, especially in developing countries, increasing investments in pharmaceutical R&D worldwide, stringent regulations on drug safety, increasing focus on the quality of food products, expansion of crude and shale gas production, and technological advancements in mass spectrometers.
  • One of the primary restraints is the technical complexity of analytical instruments. Many of these devices require specialized knowledge and training to operate effectively. The need for skilled personnel can limit the ability of some organizations, particularly smaller companies or those in developing regions, to fully utilize advanced analytical technologies. This can hinder their competitiveness and slow down the adoption of new instruments. 
  • Geopolitical challenges, including the Russian invasion of Ukraine, China-US competition, elections, and the war in Israel, significantly impact the global supply chain, especially critical raw materials vital for analytical instrumentation production. Increased inflation and interest rates reduced consumer spending, hampered the iindustry'sdemand, and slowed market growth. Further, the United States-China trade war disturbed the studied mmarket'sglobal raw material supply chain.

Analytical Instrumentation Industry Overview

The analytical instrument market comprises several players, such as Agilent Technologies and PerkinElmer Inc., vying for attention in a moderately fragmented market space.

Growing product differentiation levels characterize this market in terms of vendors' services, such as design and installation, along with high levels of price competition. Generally, players in the market enter long-term contracts with their customers to offer products.

Innovation and ease in deployment and usage are leading to end-to-end customer satisfaction through the product, which is the key factor driving product innovation and strategies among the market players.

The companies are adopting powerful competitive strategies, such as product developments, investments, and acquisitions, to remain relevant in the market. For instance, in October 2024, Thermo Fisher Scientific Inc. launched the Thermo Scientific iCAP MX Series ICP-MS to simplify trace element analysis with inductively coupled plasma mass spectrometry (ICP-MS). The launch includes a new single quadrupole Thermo Scientific iCAP MSX ICP-MS and triple quadrupole Thermo Scientific iCAP MTX ICP-MS designed for environmental, food, industrial, and research labs to analyze routine and challenging trace elements to detect and mitigate harmful substances.

Analytical Instrumentation Market Leaders

  1. Agilent Technologies, Inc

  2. Bruker Corporation

  3. PerkinElmer Inc.

  4. Thermo Fisher Scientific

  5. Shimadzu Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Analytical Instrumentation Market Concentration
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Analytical Instrumentation Market News

  • October 2024: Agilent Technologies Inc. unveiled its next-generation Agilent InfinityLab LC Series portfolio. This lineup features the 1290 Infinity III LC, 1260 Infinity III Prime LC, and 1260 Infinity III LC systems, all available in biocompatible versions. These are the market's inaugural HPLC systems equipped with the advanced Agilent InfinityLab Assist Technology. This advancement provides enhanced system assistance capabilities, enabling labs to prioritize results over routine operations and maintenance.
  • June 2024: Bruker Corporation inaugurated its advanced production facility in Bremen, a critical scientific hub in Germany. This move underscores the company's dedication to innovation, sustainability, and collaboration in mass spectrometry (MS). The Bremen facility will produce the company's entire range of MS products, such as the times-TOF series, the MALDI series, and the magnetic resonance MS (MRMS) instruments.

Analytical Instrumentation Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute
    • 4.3.5 Degree of Competition
  • 4.4 Impact of COVID-19 Aftereffects and Other Macroeconomic Factors on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Development of Precision Medicine
    • 5.1.2 Increasing Demand for Quality Control (QC) and Quality Assurance (QA)
  • 5.2 Market Restraint
    • 5.2.1 High Initial Cost

6. MARKET SEGMENTATION

  • 6.1 Product Type
    • 6.1.1 Chromatography
    • 6.1.2 Molecular Analysis Spectroscopy
    • 6.1.3 Elemental Analysis Spectroscopy
    • 6.1.4 Mass Spectroscopy
    • 6.1.5 Analytical Microscopes
    • 6.1.6 Other Product Types
  • 6.2 End User Industry
    • 6.2.1 Life Sciences
    • 6.2.2 Chemical and Petrochemical
    • 6.2.3 Oil and Gas
    • 6.2.4 Material Sciences
    • 6.2.5 Food Testing
    • 6.2.6 Water and Wastewater
    • 6.2.7 Other End users Industries
  • 6.3 Geography***
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia
    • 6.3.4 Australia and New Zealand
    • 6.3.5 South America
    • 6.3.6 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Agilent Technologies Inc.
    • 7.1.2 Bruker Corporation
    • 7.1.3 PerkinElmer Inc.
    • 7.1.4 Thermo Fisher Scientific
    • 7.1.5 Shimadzu Corporation
    • 7.1.6 Malvern Panalytical Ltd (Spectris Company)
    • 7.1.7 Mettler Toledo International
    • 7.1.8 Waters Corporation
    • 7.1.9 Bio-Rad Laboratories Inc.
    • 7.1.10 Zeiss Group
  • *List Not Exhaustive
  • 7.2 Vendor Ranking Analysis
    • 7.2.1 Chromatography
    • 7.2.2 Mass Spectroscopy Market
    • 7.2.3 Molecular Analysis Spectrometers
    • 7.2.4 Elemental Analysis Spectrometers

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Analytical Instrumentation Industry Segmentation

Analytical instruments encompass a wide range of instrumentation whose principal purpose is to qualitatively and quantitatively analyze samples, the chemical makeup of a sample, and the quantity of each component within a sample. The market is defined by the revenue generated from the sale of different types of analytical instrumentations offered by various market players for several applications across end-user industries worldwide. 

The analytical instrumentation market is segmented by product type (chromatography, molecular analysis spectroscopy, elemental analysis spectroscopy, mass spectroscopy, and analytical microscopes, other product types), end-user industry (life sciences, chemical and petrochemical, oil and gas, material sciences, food testing, and water and wastewater, other end-user industries), and geography (North America, Europe, Asia-Pacific, and rest of the world). The market sizes and forecasts are provided in value (USD ) for all the above segments.

Product Type Chromatography
Molecular Analysis Spectroscopy
Elemental Analysis Spectroscopy
Mass Spectroscopy
Analytical Microscopes
Other Product Types
End User Industry Life Sciences
Chemical and Petrochemical
Oil and Gas
Material Sciences
Food Testing
Water and Wastewater
Other End users Industries
Geography*** North America
Europe
Asia
Australia and New Zealand
South America
Middle East and Africa
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Analytical Instrumentation Market Research Faqs

How big is the Analytical Instrumentation Market?

The Analytical Instrumentation Market size is expected to reach USD 55.29 billion in 2025 and grow at a CAGR of 6.86% to reach USD 77.04 billion by 2030.

What is the current Analytical Instrumentation Market size?

In 2025, the Analytical Instrumentation Market size is expected to reach USD 55.29 billion.

Who are the key players in Analytical Instrumentation Market?

Agilent Technologies, Inc, Bruker Corporation, PerkinElmer Inc., Thermo Fisher Scientific and Shimadzu Corporation are the major companies operating in the Analytical Instrumentation Market.

Which is the fastest growing region in Analytical Instrumentation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Analytical Instrumentation Market?

In 2025, the North America accounts for the largest market share in Analytical Instrumentation Market.

What years does this Analytical Instrumentation Market cover, and what was the market size in 2024?

In 2024, the Analytical Instrumentation Market size was estimated at USD 51.50 billion. The report covers the Analytical Instrumentation Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Analytical Instrumentation Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Analytical Instrumentation Industry Report

The global analytical instrumentation market is on an upward trajectory, fueled by the burgeoning demand in sectors like pharmaceuticals, biotechnology, and diagnostics. This growth is propelled by the shift towards precision medicine, necessitating advanced analytical instruments for accurate genetic, biomarker, and drug response analyses. With stringent regulatory standards in drug development and manufacturing spotlighting the importance of GLP and GMP compliance, analytical instrument companies are leading the charge in technological innovations. These include enhancements in spectrometry, chromatography, and PCR technologies, crucial for cutting-edge research in genomics, proteomics, and metabolomics.

Despite the hurdles of high costs and a scarcity of skilled professionals, the market's future shines bright with ongoing innovation and the advent of more automated, efficient tools. The Asia-Pacific region is particularly poised for significant growth, due to life sciences investments and a rising chronic disease prevalence. Market segmentation reveals opportunities in cancer research, clinical diagnostics, and drug discovery. For detailed market insights, including share, size, revenue growth, and a forecast outlook, Mordor Intelligence™ offers a comprehensive analysis available for free PDF download, ensuring stakeholders stay ahead in the evolving landscape of analytical instrumentation.

The market forecast indicates a significant increase in value, driven by the global market demand for advanced analytical tools. According to the industry report, the market analysis shows a robust growth rate across various segments. The market report highlights the importance of market research in understanding the market trends and market growth. The industry overview provides a detailed look at the market leaders and their strategies to capture market share.

The market size is expanding as new technologies emerge, and market data suggests a positive market outlook. The market predictions are based on comprehensive industry research, which includes market review and market segmentation. The market value is expected to rise significantly, supported by industry reports and industry information. The industry statistics show a steady increase in industry sales, reflecting the growing importance of analytical instruments in various applications.

The industry analysis and market forecast provide a clear picture of the market growth and market trends. The market overview and industry outlook suggest continued innovation and investment in the sector. The report example and report pdf offer valuable insights for research companies seeking to understand the market dynamics. The industry size and market segmentation highlight the diverse opportunities available in the market. The market predictions and market review emphasize the importance of staying informed about the latest developments in the industry.