The global laboratory equipment market is expected to accumulate revenues close to USD 85,801.35 million by the end of the year 2030. It can exhibit a CAGR of 7.40% during the forecast period. Automation of laboratories for conducting repetitive tasks and focus on core tasks is likely to drive the market demand exponentially. High prevalence of disease warrant the need for advanced equipment for accurate diagnosis of samples and cell culture mediums.
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