Graduated Cylinder Market to grow by USD 534.46 million from 2023 to 2028; North America to account for 40% of market growth- Technavio

NEW YORK, Nov. 16, 2023 /PRNewswire/ — The graduated cylinder market is expected to grow by USD 534.46 million from 2023 to 2028. In addition, the momentum of the market will progress at a CAGR of 8.92% during the forecast period, according to Technavio Research. The market is segmented by product (borosilicate graduated cylinder, glass graduated cylinder, and plastic graduated cylinder), end-user (laboratories, hospitals and clinics, research and development centers, and others), and geography (North America, Europe, Asia, and Rest of World (ROW)). North America is estimated to contribute 40% to the growth of the global market during the forecast period. The main factors that have helped to increase demand for graduated cylinders across the region are the rich history of the US Pharmaceutical Industry, the number of diagnostic centers, and increasing investment in research and development.

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Company Profile:

Abdos Labtech Pvt. Ltd., Ases Chemical Works, Avantor Inc., Borosil Ltd., Cole Parmer, Controls Spa, DWK Life Sciences GmbH, Eisco Scientific LLC, Gilson Co. Inc., Kartell SpA, Merck KGaA, Narang Medical Ltd., SP Wilmad-LabGlass, Thermo Fisher Scientific Inc., Thomas Scientific LLC, VITLAB GmbH, W.W. Grainger Inc., Dynalab Corp., Paul Marienfeld GmbH and Co. KG, and ProSciTech Pty Ltd.

Avantor Inc. – The company offers graduated cylinders namely VWR cylinders with single scale PP, class A serialized, and hexagonal base TD with spout class A unserialized.

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Graduated Cylinder Market: Segmentation Analysis

The market share growth by the borosilicate graduated cylinder segment will be significant during the forecast period. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a Free PDF Sample Report

Graduated Cylinder Market: Market Dynamics

Key Driver

Rising healthcare industryIncreasing investments in R and D activitiesIncreasing popularity of online distribution channels

Increasing investments in R&D activities is the key factor driving market growth. In laboratory and scientific research facilities, the graduated cylinder is often used to measure volumes accurately. Moreover, the partnerships between manufacturers and academic institutions can also be promoted by investing in research and development to exchange new ideas and share expertise.

Major Trend

Increasing demand from quality testing and research laboratories is the primary trend shaping market growth. Identify key trends, drivers, and challenges in the market. Download a sample to gain access to this information.

Related Reports:

The Stool Testing Market size is estimated to grow by USD 445.95 million at a CAGR of 5.92% between 2023 and 2028. 

The Phacoemulsification Devices Market size is estimated to grow by USD 622.54 million at a CAGR of 5.36% between 2023 and 2028. 

What are the key data covered in this graduated cylinder market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the graduated cylinder market between 2023 and 2028.Precise estimation of the graduated cylinder market size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the graduated cylinder market across North America, Europe, Asia, and ROWA thorough analysis of the market’s competitive landscape and detailed information about companiesComprehensive analysis of factors that will challenge the growth of graduated cylinder market companies.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-User

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio