North America Laboratory Equipment Services Market: Insights for 2025 and Forecast to 2035
The North America Laboratory Equipment Services Market is witnessing rapid growth due to increased R&D investments, technological advancements in laboratory automation, and elevated demand from clinical, pharmaceutical, and biotech sectors. The market encompasses a wide array of services including repair, maintenance, validation, calibration, installation, refurbishment, and decommissioning. Driven by stringent regulations, rising healthcare expenditures, and robust infrastructure, the market is expected to achieve significant expansion, particularly with growing digitalization and automation in laboratory environments.
Latest Market Dynamics
Key Drivers
- Technological advancements in laboratory automation are a major driver in the market. For example, Thermo Fisher Scientific’s launch of its cloud-connected instruments in June 2024 has enabled laboratories to optimize workflows and reduce downtime, elevating demand for advanced equipment services.
- Expansion of the pharmaceutical and biotechnology sectors in North America continues to drive demand. Agilent Technologies, with its recent partnerships in late 2024 with several biotech firms, has strengthened its service offerings to support the rapidly growing industry.
Key Trends
- The trending adoption of remote monitoring and predictive maintenance, as seen with Siemens Healthineers introducing its new remote diagnostics platform in July 2024, is enhancing preventive service delivery and minimizing laboratory disruptions.
- Sustainability-driven equipment refurbishment is gaining popularity, with Eppendorf AG launching green refurbishment initiatives for lab instrumentation, helping promote circular economy principles across the industry.
Key Opportunities
- Increasing demand for integrated laboratory automation solutions presents a vast opportunity for market players. Waters Corporation’s joint venture in August 2024 with automation software providers is expected to facilitate seamless lab operations.
- The rise in outsourcing laboratory services offers a lucrative avenue, as demonstrated by LabCorp’s new end-to-end turnkey solutions aimed at small and medium-sized labs to reduce operational costs.
Key Challenges
- Complex and rapidly evolving regulatory requirements remain a significant challenge. For example, Danaher Corporation highlighted in their Q2 2024 report the increased compliance costs and process overhauls needed to meet new North American regulations.
- Shortage of skilled technicians continues to impact service delivery. Bio-Rad Laboratories, Inc. reported in June 2024 ongoing recruitment and training issues affecting their service timelines.
Key Restraints
- High cost of advanced laboratory equipment services restricts small laboratories from adopting comprehensive service packages. Sartorius AG noted in its June 2024 investor report that pricing pressure is particularly acute among mid-sized clinics and research labs.
- Data privacy and cybersecurity risks associated with connected and automated laboratory equipment have hindered some institutions from fully leveraging modern service platforms, as highlighted by Bruker Corporation’s sector analysis in July 2024.
Market Share (%) by Type, 2025
The North America Laboratory Equipment Services Market by type in 2025 is led by Repair & Maintenance, which accounts for the largest market share due to the essential and ongoing need for equipment upkeep in laboratories. Validation & Calibration follow closely as regulatory standards tighten and demand for accuracy rises. Installation services also represent a considerable share, especially given the adoption of new technologies and expansion in research facilities. These service types together drive both operational efficiency and compliance among laboratory operators, ensuring continuous and precise output.
Market Share (%) by Application, 2025
Clinical & Diagnostic Laboratories dominate the application-wise market share in 2025, reflecting the region’s sophisticated healthcare infrastructure and persistent investment in diagnostics. Pharmaceutical & Biotechnology Companies make up the second largest segment, attributed to ongoing R&D and increased product development. Academic & Research Institutes hold a significant share as universities and research centers upgrade and expand their laboratory capabilities. Growing investments in life sciences and a higher volume of diagnostics procedures are the main contributors for Clinical & Diagnostic Laboratories holding the leading position.
Market Revenue (USD Million), 2020-2035
From 2020 to 2035, the North America Laboratory Equipment Services Market is forecasted to grow robustly, moving from $1,250 Million in 2020 to $2,930 Million by 2035. This steady increase reflects heightened demand for laboratory services driven by regulatory mandates, investments in R&D, and widespread adoption of automation. Year on year, the market demonstrates resilience, supported by ever-evolving technological advances and expansion in application sectors, especially diagnostics and pharmaceuticals.
Market YOY Growth (%), 2020-2035
Year-over-year (YOY) growth for the North America Laboratory Equipment Services Market shows a consistent upward trajectory, with notable acceleration post-2025 as advanced automation and digital platforms are widely adopted. In 2025, the YOY growth is estimated at 7.6%, stabilizing at around 6.1% by 2035. This sustained growth underlines the market’s adaptability to innovation and persistent demand in key end-use sectors.
Market Share (%) by Region, 2025
The United States accounts for the dominant regional share in 2025, owing to its extensive network of laboratories, significant healthcare investment, and rapid adoption of new technologies. Canada follows, supported by its robust pharmaceutical and healthcare sectors. Mexico, while the smallest share, is experiencing fast-paced growth due to increasing R&D activities and upgrading of laboratory infrastructure. Regional market shares demonstrate the diversified development and adoption patterns across North America.
Market Player Share (%), 2025
The competitive landscape in 2025 is led by global giants such as Thermo Fisher Scientific Inc., Agilent Technologies, and Danaher Corporation, which collectively hold substantial market shares owing to their broad service portfolios and advanced technology offerings. These top players have strengthened their regional presence through constant innovation and strategic partnerships, ensuring their leadership positions as laboratories across North America ITize and automate.
Market Buyer Share (%), 2025
Buyers in 2025 are predominantly from Clinical & Diagnostic Labs, which account for the largest portion given the ongoing demand for timely maintenance and calibration of critical diagnostic equipment. Pharmaceutical and Biotechnology Companies rank next, reflecting the importance of uninterrupted R&D activities and compliance needs. Academic and Research Institutes also represent a notable share, aligning with increased investments in scientific discovery and education.
Study Coverage
| Metrics | Details |
|---|
| Years | 2020-2035 |
| Base Year | 2025 |
| Market Size | 1660 |
| Regions | US, Canada, Mexico |
| Segments | By Type, By Application, By Distribution Channels, By Technology, By Organization Size |
| Players | Agilent Technologies, Inc., Thermo Fisher Scientific Inc., PerkinElmer, Inc., Danaher Corporation, Waters Corporation, Shimadzu Corporation, Siemens Healthineers, Bio-Rad Laboratories, Inc., Sartorius AG, Bruker Corporation, Eppendorf AG, LabCorp, LabVantage Solutions, Inc., LabWare, Inc., Merck KGaA |
Key Recent Developments
- Thermo Fisher Scientific launched a new cloud-connected instrument platform, June 2024.
- Agilent Technologies entered into a strategic partnership to expand lab automation solutions, July 2024.
- Siemens Healthineers unveiled an advanced remote diagnostics service offering, July 2024.
- Waters Corporation announced a joint venture with automation software providers, August 2024.
- LabCorp introduced an all-inclusive turnkey lab service for SMEs, August 2024.
