The total value of the lab supplies market was USD 40.3 billion in 2023, which will touch USD 66.4 billion by 2030, powering at a rate of 7.6% by the end of this decade. This is credited to the growing R&D activities because of the increasing expenditure on this aspect by life sciences firms, their growing numbers, and extensive incidence of communicable diseases.
Based on offering, the equipment category leads the industry with a share, of 70%, in 2023. This is credited to the fact that pharma
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