Dublin, May 10, 2024 (GLOBE NEWSWIRE) -- The "Laboratory Supply Wholesaling in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Laboratory supply wholesaling revenue has grown at a CAGR of 1.0% over the past five years to $27.2 billion, including a marginal increase of 0.1% in 2023 alone. Downstream markets, including the Laboratory Testing Services industry and the Scientific Research and Development industry, have also grown, contributing to rising demand for laboratory equipment and supplies.
But profit has declined to 4.8% of revenue. The economy has been highly volatile over the past five years, mostly because of COVID-19, which led to a reduction in the US GDP in 2020 and a strong expansion of the economy in 2021. The economy continued to grow moderately in 2022, but is experiencing uncertainty in 2023, mostly because of high interest rates.
Operators in the Laboratory Supply Wholesaling industry engage in the wholesale distribution of laboratory, scientific and school equipment and supplies. This industry excludes wholesalers that predominantly distribute medical, hospital and dental equipment and supplies.
Key Topics Covered:
ABOUT THIS INDUSTRY
- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
PRODUCTS & MARKETS
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
- Thermo Fisher Scientific Inc.
- Avantor, Inc.
- Agilent Technologies, Inc.
- School Specialty Inc.
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
JARGON & GLOSSARY
For more information about this report visit https://www.researchandmarkets.com/r/9aygu
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
