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.
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.
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.
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
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 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
Companies Mentioned
- 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
Methodology
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