The Lab Instrument and Apparatus Manufacturing industry in China supplies general and specialized analytical instruments to the education, healthcare and food production sectors. Driven by the rapid development of companies in these sectors, the industry has been flourishing. Over the five years through 2017, industry revenue has been growing at an annualized rate of 9.5% to $30.4 billion. However, annual growth was volatile, ranging between 5.8% and 28.4% over the period.The industry is highly dependent on imports of high-end products, as there is a huge technological gap between Chinese and foreign lab instrument manufacturers. In 2017, imports are estimated to account for 24.1% of domestic demand of the analytical apparatus market...purchase to read more.

Industry Statistics & Market Size
Revenue
$30bn
Annual Growth 12-17
9.5%
Forecast Growth 17-22
Profit
Employment
40,545
Businesses
698

Industry Report - Industry Products Chapter

Separation instrumentsSince 2001, the largest product segment within the industry has been separation instruments. However, with the rapid growth of other product segments, its share of revenue has been shrinking. In 2017, the revenue share of this segment is estimated to be 25.5%. Within this segment, gas and liquid chromatography separation instruments account for over 80.0% of revenue.Life science instrumentsIn 2017, life science instrumentation make up 22.9% of the industry revenue. In China's 10th Five-Year period (2000 to 2005), China joined the multinational genomic research program, which gathered biologists from all over the world to work on genetic breakthroughs, which drove demand for this segment...purchase to read more.

Additional Insights for the Lab Instrument and Apparatus Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Lab Instrument and Apparatus Manufacturing Industry are

  • Ability to alter products in favor of market conditions
  • Economies of scale
  • Ability to raise revenue from additional sources
  • IBISWorld analysts also discuss how external factors such as Downstream Markets and Import Competition in the Lab Instrument and Apparatus Manufacturing industry impact industry performance..

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    What's in this report

    What is the Lab Instrument and Apparatus Manufacturing Industry?

    The Lab Instrument and Apparatus Manufacturing industry in China produces instruments used for qualitative analysis, quantitative analysis, and structural analysis based on the experimental subjects’ physical, chemical, and electrical properties.

    Industry Products
  • Separations
  • Life science instrumentation
  • Atomic spectroscopy
  • Surface science techniques
  • Molecular spectroscopes
  • Mass spectrometers
  • Other instruments
  • Industry Activities
  • Manufacturing general measuring instruments used in laboratories
  • Manufacturing measuring apparatus used in other industries
  • Manufacturing mass spectrometers and chromatographs
  • Manufacturing X-Ray generators, enhancers, and inspectors
  • Manufacturing gas and smog measuring apparatus
  • Manufacturing analyzers of optical properties of subjects
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Markets
  • Import Competition
  • Industry Systems and Technology - Professional and Scientific Equipment mfg
  • Purchasing Policy
  • Real GDP

  • Current Performance
    International trade
  • Chart: Revenue Growth

  • Industry Outlook
    Exports and imports
  • Table: Lab Instrument and Apparatus Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Lab Instrument and Apparatus Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Pharmaceutical Manufacturing
  • Medical Research
  • Colleges & Universities
  • General Hospitals

  • Key Selling Industries
  • Basic Plastics and Synthetic Resin Manufacturing
  • Plastic Board, Pipe & Sheet Manufacturing
  • Printed Circuit Board Manufacturing
  • Semiconductor Manufacturing
  • Synthetic Rubber Manufacturing

  • Products & Services
  • Separations
  • Life science instrumentation
  • Other instruments
  • Atomic spectroscopy
  • Surface science techniques
  • Molecular spectroscopes
  • Mass spectrometers
  • Chart: Lab Instrument and Apparatus Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • The level of real GDP
  • Growth in downstream industries
  • Product quality
  • Government policy

  • Major Markets
  • Other
  • Pharmaceutical manufacturers
  • Colleges and universities
  • Government testing institutes
  • Agricultural and food manufacturing companies
  • Government research institutes
  • Biotech firms
  • Oil and gas sector
  • Chart: Major Market Segmentation for the Lab Instrument and Apparatus Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Utilities and rent
  • Chart: Cost Structure Benchmarking – Sector vs Lab Instrument and Apparatus Manufacturing

  • Basis of Competition
  • Product quality
  • Technology progress
  • Product pricing
  • Service
  • Customer relationships

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Lab Instrument and Apparatus Manufacturing Industry

  • Industry Globalization
    Agilent Technologies (China) Co. Ltd., Thermo Fisher Scientific Inc., Shimadzu Corporation, Mettler Toledo (China) Co. Ltd., Beijing Purkinje General Instrument Co. Ltd.,
  • Table: Agilent Technologies (China) Co. Ltd. - financial performance
  • Table: Thermo Fisher Scientific Inc. - financial performance
  • Table: Shimadzu Corporation - financial performance
  • Table: Mettler Toledo (China) Co. Ltd. - financial performance
  • Table: Beijing Purkinje General Instrument Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Lab Instrument and Apparatus Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Lab Instrument and Apparatus Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Atomic Absorption Spectrophotometer
  • Spectroanalytical instrument for the quantitative analysis of chemical elements by absorption of optical radiation.
  • Chromatograph
  • Instrument that can separate mixtures in liquid and gaseous phases.
  • Mass Spectrometer
  • Lab analytical instrument that measures the mass-to-charge ratio of charged particles.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Lab Instrument and Apparatus Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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    This report on Lab Instrument and Apparatus Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Lab Instrument and Apparatus Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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