Laboratory Equipment Services Market

The laboratory equipment services market is expected to grow from USD 18.0 billion in 2025 to USD 35.4 billion by 2030, at a CAGR of 14.5% during this period. The global laboratory equipment services market is experiencing strong growth, mainly driven by the increasing transition towards automation and digitization in research and clinical diagnostics. Globally, labs are adopting automated equipment, AI-powered analytical tools, and digital data-management systems to enhance efficiency, precision, and productivity. This change is generating demand for specialized services in installation, calibration, validation, maintenance, and repair to ensure that increasingly complex equipment functions effectively.

Market leaders succeed by leveraging their established brand trust, diverse service offerings, advanced technological skills, and extensive service networks. Their strategic ecosystem alliances and deep regulatory knowledge further bolster their competitive edge, allowing them to promote adoption effectively in both developed and emerging markets.

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The major players in the Laboratory equipment services market include Agilent Technologies (US), Thermo Fisher Scientific (US), Eppendorf SE (Germany), Waters Corporation (US), Flagship Facility Services, Inc. (US), MarathonLS (US), Laboratory Advanced Solutions (US), Technical Safety Services LLC. (US), Solvd (US), Laboratory Equipment Service & Supplies, LLC. (US), SEPS Services (US), Raeyco (US), Cryostar Industries, Inc. (US), Scientific Apparatus Service, Inc. (US), Scientific Services Plus (US), CBRE (US), Pacific Science, LLC (US), PACE (US), GenTech Scientific. (US), Esco Micro Pte. Ltd.  (Singapore), MYCO Instrumentation, Inc. (US), Scientific Instrument Center (US), Analytical Technologies Group (US), BME Lab and Science (Canada), Sartorius AG (Germany), Henderson Biomedical (UK), Laboratory Advanced Solutions (US), PEAK BIOSERVICES (US), Avantor, Inc. (US). The competitive landscape involves analyzing the key growth strategies adopted by these major players from 2022 to 2025 to expand their global presence and increase their market share.

The main growth strategies used by leading companies in this market include service launches, acquisitions, collaborations, partnerships, and agreements. Over the past three years, service launches have been the most popular organic growth strategies adopted by market players seeking to increase their share of the market.  

Thermo Fisher Scientific Inc. (US) is recognized as a global leader in laboratory equipment services, supported by its comprehensive vendor-independent services through its global one-stop laboratory services. This includes multivendor equipment maintenance and repair, calibration, testing, and spare parts for a wide range of laboratory equipment, from general laboratory equipment to analytical, biological, and diagnostic equipment. They also leverage global supply chains and large parts inventory to ensure faster turnaround times, which helps labs minimize downtime.

Additionally, its services are often integrated with equipment rental and multi-site contract financing, making it useful for large laboratories, CROs, pharmaceutical, and research networks.

Agilent Technologies (US) is recognized as a leading player in the global laboratory equipment services market. It has a dedicated laboratory services division (known as CrossLab) that provides services such as instrument maintenance, calibration, validation, and support for analytical and biological instruments. Its strengths are particularly evident when valuable analytical, spectroscopic, chromatographic, and biological instruments are used, and it provides training, compliance support, and regional services (helping laboratories in geographically distinct regions). The company's service offerings have expanded to include remote diagnostics, predictive maintenance, and modernization services to support complex laboratory environments.

Waters Corporation (US) is a global leader with deep expertise in analytical instrumentation (chromatography, LC-MS, mass spectrometry) combined with a broad and structured service offering positioned not only as an instrument supplier but also as a full-service partner for laboratories around the world. Waters provides scheduled maintenance, repair services, OEM quality parts, and regular performance testing to keep chromatograph, LC-MS, and other systems operating at peak performance.

Waters Corporation's remote support services allow labs to receive real-time diagnostics, remote troubleshooting, and remote monitoring, eliminating the need for frequent on-site visits, allowing for faster problem resolution and reduced downtime.

Market Ranking

The laboratory equipment services market is moderately consolidated, with five to six major players accounting for about 50–60% of the global market share. Thermo Fisher Scientific is the market leader, holding a strong position due to its extensive service portfolio, worldwide network, and R&D investments, followed by Agilent Technologies, Waters Corporation, and others. These leaders each play a vital role in the laboratory equipment services market through partnerships, interoperability, and workflow integration, ensuring that laboratory equipment services are provided on time. The remaining 40–45% of the market is fragmented, which includes legacy mid-tier businesses and a scattered collection of smaller or regional service providers. While these companies offer innovative services and regional strengths, they have less influence as standalone entities and must compete through pricing, specialization, or by leveraging local advantages and relationships.

Related Reports:

Laboratory Equipment Services Market by Service Type (Repair & Maintenance, Managed Services, Calibration), Service Provider (OEM, 3rd Party), Contract Type (Gold, Silver, Platinum, Customized Support Plan), Equipment, and Region - Global Forecast to 2030

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