The Latin America, Middle East and Africa Laboratory Balances and Scales Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
The contemporary laboratory balances can be connected to a computer, data printer, analytical device, or also with laboratory robot with the help of serial, parallel, or USB links. Some of the existing models of balances are also equipped with Bluetooth technology and provide wireless connection. Almost all balances have a built-in interface for sending the data to computers and printers.
An additional benefit of working with digital balances and scales is that it considerably reduces or removes the possibility of human error. Digital balances and scales can also be operated locally with the help of a touch screen or remotely with the help of computers connected to the balances and scales. Hence, the digital balances and scales are user-friendly in the lab.
Nigeria imports huge amounts of pharmaceutical products from many international companies. Moreover, heavy machines used in the pharmaceutical industry are also imported from different countries. The pharmaceutical sector of the nation requires significant development in order to meet their pharmaceutics demand by in-country production. This arises the need for research & development in the pharmaceutical industry, thereby the driving the growth of laboratory balances and scales market.
The Brazil market dominated the LAMEA Laboratory Balances and Scales Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $25 million by 2028. The Argentina market is experiencing a CAGR of 8.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.5% during (2022 - 2028).
Based on Product Type, the market is segmented into Analytical Balances, Precision Balances, Moisture Balances, Compact Scale, Micro Balance, and Others. Based on End User, the market is segmented into Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories, Chemical & Material Testing laboratories, Food & Beverage Testing Laboratories, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Laboratory Balances and Scales Market is Projected to reach USD 1.3 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mettler-Toledo International, Inc., A&D HOLON Holdings Company, Limited, Sartorius AG, Shimadzu Corporation, Adam Equipment Inc. (Indutrade AB), Essae-Teraoka Pvt. Ltd., Scientech, Inc., Radwag Balances and Scales, Kern & Sohn GmbH, and PCE Holding GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Analytical Balances
- Precision Balances
- Moisture Balances
- Compact Scale
- Micro Balance
- Others
By End User
- Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories
- Chemical & Material Testing laboratories
- Food & Beverage Testing Laboratories
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Mettler-Toledo International, Inc.
- A&D HOLON Holdings Company, Limited
- Sartorius AG
- Shimadzu Corporation
- Adam Equipment Inc. (Indutrade AB)
- Essae-Teraoka Pvt. Ltd.
- Scientech, Inc.
- Radwag Balances and Scales
- Kern & Sohn GmbH
- PCE Holding GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Laboratory Balances and Scales Market, by Product Type
1.4.2 LAMEA Laboratory Balances and Scales Market, by End User
1.4.3 LAMEA Laboratory Balances and Scales Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.1.2 Market Drivers
2.1.3 Market Restraints
Chapter 3. LAMEA Laboratory Balances and Scales Market by Product Type
3.1 LAMEA Analytical Balances Market by Country
3.2 LAMEA Precision Balances Market by Country
3.3 LAMEA Moisture Balances Market by Country
3.4 LAMEA Compact Scale Market by Country
3.5 LAMEA Micro Balance Market by Country
3.6 LAMEA Others Market by Country
Chapter 4. LAMEA Laboratory Balances and Scales Market by End User
4.1 LAMEA Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country
4.2 LAMEA Chemical & Material Testing laboratories Market by Country
4.3 LAMEA Food & Beverage Testing Laboratories Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Laboratory Balances and Scales Market by Country
5.1 Brazil Laboratory Balances and Scales Market
5.1.1 Brazil Laboratory Balances and Scales Market by Product Type
5.1.2 Brazil Laboratory Balances and Scales Market by End User
5.2 Argentina Laboratory Balances and Scales Market
5.2.1 Argentina Laboratory Balances and Scales Market by Product Type
5.2.2 Argentina Laboratory Balances and Scales Market by End User
5.3 UAE Laboratory Balances and Scales Market
5.3.1 UAE Laboratory Balances and Scales Market by Product Type
5.3.2 UAE Laboratory Balances and Scales Market by End User
5.4 Saudi Arabia Laboratory Balances and Scales Market
5.4.1 Saudi Arabia Laboratory Balances and Scales Market by Product Type
5.4.2 Saudi Arabia Laboratory Balances and Scales Market by End User
5.5 South Africa Laboratory Balances and Scales Market
5.5.1 South Africa Laboratory Balances and Scales Market by Product Type
5.5.2 South Africa Laboratory Balances and Scales Market by End User
5.6 Nigeria Laboratory Balances and Scales Market
5.6.1 Nigeria Laboratory Balances and Scales Market by Product Type
5.6.2 Nigeria Laboratory Balances and Scales Market by End User
5.7 Rest of LAMEA Laboratory Balances and Scales Market
5.7.1 Rest of LAMEA Laboratory Balances and Scales Market by Product Type
5.7.2 Rest of LAMEA Laboratory Balances and Scales Market by End User
Chapter 6. Company Profiles
6.1 Mettler-Toledo International, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.2 A&D HOLON Holdings Company, Limited
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Sartorius AG
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.4 Shimadzu Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 Adam Equipment Inc. (Indutrade AB)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Development Expenses
6.6 Essae-Teraoka Pvt. Ltd.
6.6.1 Company Overview
6.7 Scientech, Inc.
6.7.1 Company Overview
6.8 Radwag Balances and Scales
6.8.1 Company Overview
6.9 Kern & Sohn GmbH
6.9.1 Company Overview
6.10. PCE Holding GmbH
6.10.1 Company Overview
TABLE 1 LAMEA Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Analytical Balances Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Analytical Balances Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Precision Balances Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Precision Balances Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Moisture Balances Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Moisture Balances Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Compact Scale Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Compact Scale Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Micro Balance Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Micro Balance Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 18 LAMEA Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 19 LAMEA Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Chemical & Material Testing laboratories Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Chemical & Material Testing laboratories Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Food & Beverage Testing Laboratories Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Food & Beverage Testing Laboratories Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Laboratory Balances and Scales Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Laboratory Balances and Scales Market by Country, 2022 - 2028, USD Million
TABLE 29 Brazil Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 30 Brazil Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 31 Brazil Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 32 Brazil Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 33 Brazil Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 34 Brazil Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 35 Argentina Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 36 Argentina Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 37 Argentina Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 38 Argentina Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 39 Argentina Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 40 Argentina Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 41 UAE Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 42 UAE Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 43 UAE Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 44 UAE Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 45 UAE Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 46 UAE Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 53 South Africa Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 54 South Africa Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 55 South Africa Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 56 South Africa Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 57 South Africa Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 58 South Africa Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 59 Nigeria Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 60 Nigeria Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 61 Nigeria Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Nigeria Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Nigeria Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 64 Nigeria Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 67 Rest of LAMEA Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Rest of LAMEA Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Rest of LAMEA Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 70 Rest of LAMEA Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 72 KEY INFORMATION – A&D HOLON Holdings Company, Limited
TABLE 73 KEY INFORMATION – Sartorius AG
TABLE 74 Key Information – Shimadzu Corporation
TABLE 75 Key Information – Adam Equipment Inc.
TABLE 76 Key Information – Essae-Teraoka Pvt. Ltd.
TABLE 77 Key Information – Scientech, Inc.
TABLE 78 Key Information – Radwag Balances and Scales
TABLE 79 key Information – Kern & Sohn GmbH
TABLE 80 Key Information – PCE Holding GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Mettler-Toledo International, Inc.