Laboratory Supply Wholesaling Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, China, UK, Canada - Size and Forecast 2024-2028

Laboratory Supply Wholesaling Market Size 2024-2028

The laboratory supply wholesaling market size is forecast to increase by USD 11.6 billion, at a CAGR of 3.21% between 2023 and 2028.

• The market is experiencing significant growth, driven by escalating investments in drug discovery and research. This trend underscores the increasing importance of efficient and reliable supply chains for laboratory materials and equipment. Another key factor fueling market expansion is the growing popularity of online distribution channels. These platforms offer convenience, accessibility, and competitive pricing, making it easier for customers to source laboratory supplies. However, the market also faces challenges. Complexities in the supply chain, particularly with regard to time-bound deliveries and customization requirements, pose significant obstacles.
• Companies must navigate these challenges by implementing agile supply chain strategies and leveraging technology to streamline operations and improve responsiveness. To capitalize on market opportunities and stay competitive, suppliers must focus on delivering high-quality products, ensuring timely deliveries, and providing exceptional customer service. By addressing these challenges and seizing emerging opportunities, laboratory supply wholesalers can thrive in this dynamic market.

What will be the Size of the Laboratory Supply Wholesaling Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The laboratory supply market continues to evolve, driven by advancements in technology and the expanding applications across various sectors. Pharmaceutical supplies, lab apparatus, maintenance services, research chemicals, logistics, plasticware, reagents, biotechnology equipment, and specialty chemicals are integral components of this dynamic industry. Lab automation systems and sterilization solutions are increasingly in demand, streamlining processes and ensuring safety in research and diagnostic settings. Inventory management systems and lab supply packaging solutions optimize operations, while safety equipment wholesale ensures compliance with regulations. The scientific supply chain is intricately linked to the success of clinical labs, pharmaceutical companies, and research institutions.

The ongoing need for analytical instrument supply, calibration services, and lab equipment repair further underscores the importance of a robust lab supply chain. Custom lab equipment, lab furniture, and lab equipment rentals cater to the diverse requirements of this sector. Diagnostic kits supply and scientific instrument distribution enable accurate and efficient analysis, while quality control labs and lab supply procurement services ensure the availability of essential supplies. The lab supply market is characterized by continuous innovation, with new solutions emerging to address evolving needs. The integration of technology, such as artificial intelligence and machine learning, is transforming the way lab supplies are sourced, managed, and delivered.

In summary, the laboratory supply market is a dynamic and evolving industry, with a wide range of products and services catering to the diverse needs of various sectors. From pharmaceuticals to research institutions, the demand for lab supplies remains strong, driven by the ongoing pursuit of scientific discovery and innovation.

How is this Laboratory Supply Wholesaling Industry segmented?

The laboratory supply wholesaling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• End-user
  • Clinical and diagnostic laboratories
  • Healthcare
  • Academic and research institutions
  • Others
• Product
  • Equipment and instruments
  • Chemical and reagents
  • Others
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • APAC
    • China
  • Rest of World (ROW)

By End-user Insights

The clinical and diagnostic laboratories segment is estimated to witness significant growth during the forecast period.

Pharmaceutical and biotechnology companies are significantly investing in research and development for drug discovery and gene therapy, leading to a heightened demand for laboratory products. These companies utilize a range of laboratory equipment, instruments, lab consumables, analytical instruments, inventory management systems, lab supply packaging, safety equipment, lab furniture, and scientific instruments for large-scale research. The increasing prevalence of chronic diseases and the demand for personalized medicine have further fueled this investment. Additionally, governments of various developed and developing countries, such as India and China, have been increasing their research and development investments to expedite the drug approval process, thereby boosting the laboratory supply market.

This includes the demand for lab equipment sterilization, calibration services, lab instrument repair, lab equipment sourcing, lab supply logistics, disposables lab supply, medical equipment supply, lab glassware wholesale, research chemical supply, specialty chemical supply, biotechnology equipment, and custom lab equipment. The scientific supply chain is immersed in this growth, with a focus on quality control lab, diagnostic kits supply, and scientific instrument distribution. Lab automation systems and lab apparatus supply are also integral components of this dynamic market.

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The Clinical and diagnostic laboratories segment was valued at USD 12.70 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is characterized by a significant presence of players offering lab automation systems, lab equipment sterilization, lab consumables, analytical instruments, inventory management solutions, lab supply packaging, safety equipment, scientific supply chain services, clinical lab supplies, pharmaceutical supplies, lab apparatus, equipment maintenance, research chemical supply, lab supply logistics, laboratory plasticware, reagents and chemicals, biotechnology equipment, specialty chemical supply, custom lab equipment, lab furniture, wholesale lab supplies, research lab supplies, lab equipment rentals, diagnostic kits, scientific instrument distribution, quality control labs, lab supply procurement, lab equipment supply, calibration services, lab instrument repair, lab equipment sourcing, lab supply chain, disposables, medical equipment, and lab glassware.

The US and Canada lead the market due to the presence of numerous laboratories, academic institutions, and well-established healthcare industries. Government investments in research and development, particularly in molecular biology and cellular diagnosis, further fuel market growth. North America's pharmaceutical sector is a preferred destination for global companies to outsource late-stage clinical trials, contributing to the region's market dominance.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Laboratory Supply Wholesaling Industry?

• A significant factor fueling market growth is the escalating investment in drug discovery and research.

• The scientific supply chain continues to evolve, driven by advancements in lab automation systems and the increasing demand for efficient and accurate laboratory processes. Pharmaceutical and biotechnology companies are investing heavily in research and development to discover new drugs, leading to a surge in demand for lab equipment, consumables, and analytical instruments. Lab automation systems, such as those used for sterilization and inventory management, are crucial for maintaining a harmonious workflow and reducing human error. These systems streamline operations, increase throughput, and ensure consistency and reliability. Lab consumables wholesale, including lab equipment packaging and safety equipment, are essential for maintaining a clean and safe laboratory environment.
• Innovations in lab equipment sterilization and inventory management have led to more efficient and cost-effective solutions. Analytical instrument supply plays a vital role in the drug discovery process, enabling researchers to identify potential drug targets through techniques like protein crystallization and crystallography. These techniques help identify the structural components of proteins that can be altered to suppress or increase therapeutic functions. Innovations in laboratory instruments include assay miniaturization, accelerating chemical probes to query biological systems, and discovering drug candidates. These advancements have led to more precise and efficient drug discovery processes, ultimately leading to better patient outcomes.

What are the market trends shaping the Laboratory Supply Wholesaling Industry?

• The rising preference for online distribution channels represents a significant market trend. This shift towards digital platforms is increasingly shaping consumer behavior and commerce.

• The laboratory supply market encompasses a diverse range of products, including pharmaceutical supplies, lab apparatus, lab equipment maintenance, research chemical supply, lab supply logistics, laboratory plasticware, reagents and chemicals, biotechnology equipment, and specialty chemical supply. Online distribution channels have gained significant traction in this market due to their convenience for buyers and cost savings for wholesalers. End-users, such as research institutions and pharmaceutical companies, benefit from the ease of comparing features and prices online. General laboratory equipment wholesalers can save on overhead costs by eliminating the need for physical stores.
• Companies cater to this demand by offering a wide selection of products through their own websites and third-party e-commerce platforms. This trend is expected to continue as the market for laboratory supplies grows and evolves.

What challenges does the Laboratory Supply Wholesaling Industry face during its growth?

• The complexities of meeting time-bound deliveries and customizing supply chains have emerged as significant challenges, hindering industry growth through increased intricacy in logistical operations.

• In the realm of laboratory supply procurement, an effective and agile supply chain is essential to meet the unique demands of customers and logistics providers. The complexity of handling laboratory supplies, which necessitate specific packaging and careful handling to preserve physical and chemical properties, adds to the challenge. Logistics intricacies are influenced by factors such as topography, technological advances, and region-specific regulations and policies. These variables make it imperative for logistics service providers to devise a responsive and adaptive supply chain model. Wholesale lab supplies, including custom lab equipment, lab furniture, research lab supplies, diagnostic kits, lab equipment rentals, and scientific instrument distribution, require quality control and timely delivery.
• By optimizing the supply chain, laboratories can reduce lead times, ensuring their research and quality control processes remain uninterrupted.

Exclusive Customer Landscape

The laboratory supply wholesaling market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the laboratory supply wholesaling market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, laboratory supply wholesaling market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Alibaba Group Holding Ltd. - This company specializes in supplying hospitals and pharmacies with essential laboratory equipment for safety and diagnostic purposes.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Alibaba Group Holding Ltd.
• Astflick Group Ltd.
• CellPath Ltd.
• Chargen Life Sciences LLP
• Cole Parmer Instrument Co. LLC
• Dominique Dutscher SAS
• Focus Technology Co. Ltd.
• LAT Labor und Analyse Technik GmbH
• McKesson Corp.
• Mediq
• MG Scientific Inc.
• Ningbo Scientz Biotechnology Co. Ltd.
• Nobuson
• OxyMed Healthcare Laboratories and Scientific Supplies
• Rogo S.L.
• Surgihouse
• The Lab World Group
• United Med Ltd.
• USA Lab
• W.W. Grainger Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Laboratory Supply Wholesaling Market

• In January 2024, Thermo Fisher Scientific, a leading laboratory supplies provider, announced the launch of its new automated liquid handling platform, "Freedom EVO," designed to increase lab efficiency and reduce human error. This innovative product was showcased at the annual American Society for Human Genetics (ASHG) conference (Thermo Fisher Scientific Press Release, 2024).
• In March 2024, LabCorp and Quest Diagnostics, two major laboratory services companies, entered into a strategic partnership to expand their combined market reach and improve operational efficiencies. The collaboration aimed to enhance their laboratory supply offerings and provide more comprehensive diagnostic services to their clients (LabCorp Press Release, 2024).
• In April 2025, PerkinElmer, a global leader in laboratory technology, completed the acquisition of GE Healthcare's Life Sciences business for approximately USD 2.8 billion. This acquisition significantly expanded PerkinElmer's portfolio of laboratory supplies and instruments, strengthening its position in the market (PerkinElmer Press Release, 2025).
• In May 2025, the European Union (EU) implemented new regulations on in vitro diagnostic medical devices (IVDs), known as the In Vitro Diagnostic Medical Devices Regulation (IVDR). This regulation aimed to improve the safety and quality of laboratory supplies and devices used in diagnostic testing across Europe (European Commission, 2022).

Research Analyst Overview

• In the dynamic lab supply market, various sectors interplay to ensure the seamless delivery of essential lab supplies and equipment to scientific research and industrial organizations. Lab supply consulting firms offer strategic insights to optimize lab supply management, while logistics providers ensure the timely delivery of lab supplies and equipment. Lab equipment testing and validation are crucial steps in the sales process, ensuring compliance with industry standards and regulations. Sales of lab equipment and scientific supplies continue to grow, driven by automation and innovation. Marketing efforts focus on providing comprehensive lab supply catalogs, offering competitive pricing, and efficient ordering processes.
• Lab supply compliance and certification are essential for maintaining regulatory requirements and ensuring the quality of lab equipment and supplies. Lab equipment installation, servicing, and leasing are integral parts of the lab supply value chain, ensuring optimal performance and longevity of lab equipment. Procurement, purchasing, and inventory management are critical aspects of lab supply sourcing and technology solutions. Lab supply contracts and pricing negotiations are essential elements of the lab supply market, with suppliers offering customized solutions to meet the unique needs of their clients. Effective lab supply distribution networks and training programs ensure that customers have access to the latest lab equipment and knowledge.

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Laboratory Supply Wholesaling Market insights. See full methodology.

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What are the Key Data Covered in this Laboratory Supply Wholesaling Market Research and Growth Report?

• CAGR of the Laboratory Supply Wholesaling industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the laboratory supply wholesaling market growth of industry companies

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