Global Laboratory Cart Market 2016-2020

Overview of the global laboratory cart market

Technavio’s market research analyst predicts the global laboratory cart market to grow at a steady CAGR of approximately 4% during the forecast period. The recent advancements in the production methods of laboratory furniture have led to higher efficiency and volumes. The laboratory furniture manufacturers are experimenting with process innovations that will not only improve the quality of the product but will also reduce fabrication costs. New processes like microinjection molding and dual-shot injection molding allow the proper mixing of two or more polymers and also improves the accuracy of the mold. Furthermore, the use of high-grade stainless steel for the chassis of laboratory carts make them more robust and durable. Therefore, the advanced and new-age production methods of lab furniture will drive the prospects for growth during the forecast period.

In this market report, analysts have estimated factors like the increasing level of customization of laboratory furniture to impel the prospects for market growth until the end of the forecast period. The choice of type and size of the cart is mainly based on the application and process. With a broad range of laboratory carts to choose from, end-users can choose from what best suits their application.  The availability of customized carts to suit a particular application will bolster this market’s growth potential until the end of 2020.

Segmentation by end-user and analysis of the laboratory cart market

• Medical and healthcare
• Pharmaceutical