Segmentation by Product Type (Instruments vs. Consumables) and End-User: Defining the Laboratory Equipment Market segment Structure
The intricate Laboratory Equipment Market segment structure is fundamentally defined by the distinction between capital equipment (instruments) and operational expenditure products (consumables and services). The consumables segment, which includes items like plasticware, reagents, filters, and glassware, is the largest and most stable revenue generator. This is due to its...
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