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Global Laboratory Balances and Scales Market Predicted to Reach 4 Percent CAGR Growth Mark by 2029

 


The global laboratory balances and scales market is expected to grow at a CAGR of ~4% in the next 5 years. Rising demand for analytical instruments in research laboratories and academic institutions; technological advancement in laboratory balances and scales; rising quality and stringent regulations for pharmaceuticals, biotechnology, and food production industry; increasing focus on automation and efficiency in laboratories; and growing application of balances and scales across various industries are some of the key factors driving the laboratory balances and scales market. 

Laboratory scales, also known as lab balances or weighing scales, are precision instruments that come in various designs, providing precise measurements of sample mass, density, and moisture content for solids, liquids, and powders. While scales measure a sample's mass, balances are used to compare the mass of multiple samples. They are available in several types, including analytical, precision, top-loading, front-loading, high-capacity, and moisture analysis configurations.

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The adoption of weighing scales and balances in the testing laboratories propels market growth

Laboratory balances and scales are crucial in various industries, ensuring that processes are accurate, efficient, and compliant. Some of the most common applications include:

Measuring Density: Determining the density of a sample is a crucial quality metric for both raw materials and finished products. Various methods allow for precise measurement of density in solids, viscous substances, and liquids, such as metals, plastics, chemicals, lubricants, and food.

Moisture Content Determination: Moisture content influences the processability, shelf life, usability, and overall quality of a product. Consequently, precise moisture measurement is essential for maintaining quality standards across various industries, including food, pharmaceuticals, and chemicals.

Preparing Titration Samples: Titration is a commonly employed analytical technique for product analysis and quality control across various industries, including pharmaceuticals, chemicals, petrochemicals, and food and beverages. It enables the determination of multiple parameters, such as acidity, alkalinity, metal ion concentration, and active pharmaceutical ingredients.

Statistical Quality Control in Laboratories: Statistical quality control techniques are essential for tracking the natural variations in all manufacturing processes. For pharmaceutical products, such as tablets, pills, and capsules, weight must remain within upper tolerance limits to avoid excessive doses of active ingredients, which could pose significant health risks. In the food and beverage industry, verifying package weights ensures that fill quantities comply with legal standards, providing quick assurance of quality and regulatory adherence.

Thus, the growing application of laboratory balances and scales across various sectors.is expected to drive innovation and meet the growing demand for accurate, reliable, and efficient laboratory weighing solutions.

Advancement in high-precision weighing technology drives market growth

Advancements in weighing technology are boosting demand for microbalances and ultra-microbalances, which deliver exceptionally sensitive and precise measurements. Laboratory balances and scales play a crucial role in providing accurate measurements across various research fields, including chemistry, biology, and materials science, facilitating the development of innovative products and technologies. Improved weighing accuracy enhances quality control, regulatory compliance, and operational efficiency, establishing high-precision technology as a key growth factor in the laboratory balances and scales market.

Competitive Landscape Analysis

The global laboratory balances and scales market is marked by the presence of innovative and emerging market players such as Sartorius AG, A&D Company Ltd., Mettler Toledo International Inc., Shimadzu Corporation, Ohaus Corporation, Adam Equipment Ltd., Precisa Gravimetrics AG, Essae Group, Kern & Sogn GmbH, PCE Instruments, Thermo Fisher Scientific, Scientech Inc., Schimadzu Corporation, and Radwag, among others. Some of the key strategies adopted by the market players include mergers and acquisitions, strategic partnerships, and collaborations.

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Market Segmentation

This report by Medi-Tech Insights provides the size of the global laboratory balances and scales market at the regional- and country level from 2022 to 2029. The report further segments the market based on product, end user, and region.

  • Market Size & Forecast (2022-2029), By Product, USD Million
    • Lab Balances
      • Micro & Ultra Micro Balances
      • Top Loading/Precision Balances
      • Analytical Balances
      • Portable/Compact Balances
      • Moisture Balances
    • Lab Scales
      • Bench Scales
      • Compact Scales
      • Counting Scales
    • Other Balances and Scales
  • Market Size & Forecast (2022-2029), By End User, USD Million
    • Educational Pharmaceuticals, Cosmeceutical, and Biotechnology Products Testing Laboratories
    • Chemical and Material Testing Laboratories
    • Food and Beverages Testing Laboratories
    • Petroleum Product Testing Laboratories
    • Research Laboratories and Academic Institutes
    • Others
  • Market Size & Forecast (2022-2029), By Region, USD Million
    • North America
      • US
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Latin America
    • Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde
 Associate, Medi-Tech Insights
 +32 498 86 80 79
 info@meditechinsights.com 

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