Laboratory Equipment Services Market

The report "Laboratory Equipment Services Market by Service Type (Installation, Repair, Breakdown, and Maintenance; Calibration; Qualification & Validation; Preventive Maintenance Services; Training, Education & Certification Services; Others), Service Provider (OEM Services, Third Party Service Providers, Distributor Led Services), Equipment Type (Analytical Equipment, General Equipment, Specialty Equipment, Support Equipment), Contract Type (Gold Support Plan, Silver Support Plan, Platinum Support Plan, Customized Support Plan, Other Support Plans) - Global Forecast to 2030” is projected to grow from USD 18.0 billion in 2025 and to reach USD 35.4 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 14.5%% during the forecast period.

Browse 300 market data Tables and 80 Figures spread through 370 Pages and in-depth TOC on "Laboratory Equipment Services Market by Service Type (Installation, Repair, Breakdown, and Maintenance; Calibration; Qualification & Validation; Preventive Maintenance Services; Training, Education & Certification Services; Others), Service Provider (OEM Services, Third Party Service Providers, Distributor Led Services), Equipment Type (Analytical Equipment, General Equipment, Specialty Equipment, Support Equipment), Contract Type (Gold Support Plan, Silver Support Plan, Platinum Support Plan, Customized Support Plan, Other Support Plans) - Global Forecast to 2030”
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/laboratory-equipment-service-market-171213101.html

The laboratory equipment services market is experiencing rapid growth due to factors like increasing automation and digitization of laboratories. Automation helps laboratories in minimizing manual mistakes, optimizing workflows, and speeding up testing and analytical procedures. Hence, laboratories are allocating greater resources to advanced equipment like automated liquid handlers, high-throughput analyzers, digital microscopes, and integrated workflow systems. These technologies need increased service intervals, remote monitoring features, and specialized technical skills, creating more opportunities for both OEM and third-party service providers. In July 2025, Merck, a science and technology company, launched the AAW Automated Assay Workstation. The workstation automates routine laboratory experiments previously performed manually, which reduces hands-on time and ensures consistency in results across diverse experimental settings. Moreover, the market growth is expected to be hindered by the high cost of service contracts and the high cost of OEM maintenance and service contracts.  It can be difficult for many laboratories, especially small and medium-sized ones, to set aside sizable sums of money for regular maintenance and long-term service contracts. Although OEM service contracts guarantee authentic parts and excellent assistance, they are typically more expensive, which limits their accessibility for institutions with tight budgets.

The installation, repair, breakdown, and maintenance segment dominated the market in 2024.

The installation, repair, breakdown, and maintenance segment accounts for the largest share, as it plays a critical role in ensuring the availability, continuity, and safety of equipment in laboratory environments. All laboratory equipment, whether analytical, general purpose, specialized, or auxiliary, requires ongoing maintenance and periodic corrective repairs throughout its lifecycle. As laboratories use increasingly sophisticated and high-precision equipment, the technical complexity of instruments increases, making professional maintenance necessary. Frequent wear and tear, unexpected mechanical failures, software issues, and performance drifts create a constant need for expert intervention, resulting in sustained and repeated demand that far exceeds the frequency of calibration, testing, training, or contracted maintenance.

The OEM services segment dominated the laboratory equipment services market in 2024.

The OEM services segment accounts for the largest share, primarily because it offers unparalleled technical expertise, guaranteed use of manufacturer-approved genuine replacement parts, and full compliance with regulatory and quality assurance requirements. This is an essential element for laboratories working with high-precision, high-value, or regulated equipment. As the original designers and manufacturers of equipment, OEMs understand each device's technical architecture, calibration needs, performance tolerances, and safety specifications much better than third-party or distributor-driven vendors. This deep product knowledge improves service accuracy, reduces the risk of calibration errors, and ensures optimal long-term equipment performance. OEMs also offer certified maintenance and testing documentation that meets rigorous industry standards and regulatory audit requirements, making it the preferred choice for pharmaceutical, biotech, clinical diagnostics, and advanced research organizations. In addition, OEMs reduce operational risk, minimize downtime, and increase equipment reliability by providing comprehensive lifecycle support, including installation, ongoing maintenance, software/firmware updates, upgrades, remote diagnostics, and end-of-life support.

The US is expected to account for the largest share of the North America market during the forecast period.

The US holds a significant share of the laboratory equipment services market due to its extensive and advanced research and health & life sciences infrastructure in the region. There is a high concentration of pharmaceutical companies, biotechnology companies, academic research institutions, and clinical diagnostic laboratories in the country. These laboratories rely heavily on complex laboratory equipment that requires ongoing maintenance, calibration, validation, and support throughout its lifecycle. The US also benefits from a strong presence of major laboratory equipment manufacturers and service providers that are domestically based or have extensive operations within the country, ensuring broad availability of OEM and professional services capabilities. Additionally, the country's significant investment in research and development, widespread adoption of advanced analytical techniques, and stringent regulatory and quality assurance standards further increase the need for reliable and frequent equipment maintenance. Together, these factors create a sustained and expanding demand for laboratory equipment services, allowing the US to consistently dominate the North American market.

As of 2024, key players in the laboratory equipment services market are Thermo Fisher Scientific (US), Agilent Technologies (US), Avantor (US), Bio-Rad Laboratories (US), Waters Corporation (US), Eppendorf AG (Germany), Danaher Corporation (US), and Siemens Healthineers (Germany).

Don’t miss out on business opportunities in Laboratory Equipment Services Market . Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/