Laboratory Equipment Service Market Size, Share, and Industry Analysis By Equipment Type (Analytical Equipment, General Equipment, Specialty Equipment, and Support Equipment), By Service Type (Repair and Maintenance Services, Calibration Services, and Others), By Service Provider (Original Equipment Manufacturers (OEMs), Third-party Service Providers, and Others), By End User (Pharmaceutical & Biotechnology Companies, Clinical Laboratories, Academic & Research Institutes, and Others), and Regional Forecast, 2026-2034

The global laboratory equipment service market size was valued at USD 20.51 billion in 2025. The market is projected to grow from USD 23.32 billion in 2026 to USD 64.91 billion by 2034, exhibiting a CAGR of 13.65% during the forecast period.

The global laboratory equipment service market expands as complex integrated laboratory instruments need more professional support, which increases industry growth. The service for science equipment covers essential tasks such as maintaining, fixing, testing and verifying instruments for medical, pharmaceutical, educational and biotech industries.

New laboratory equipment services work thanks to IoT and AI that let staff predict issues and check things from everywhere. The IoT sensors inside laboratory tools measure real-time conditions of temperature, pressure, vibration and usage indicators.

Laboratory Equipment Service Market Driver

Higher Acceptance of Modern Laboratory Tools to Expand the Market

Higher acceptance of modern laboratory tools creates strong market demand for laboratory equipment service providers. Advanced laboratories across multiple sectors like pharmaceuticals and research facilities continue buying and using modern laboratory tools such as mass spectrometers, automated pipetting systems, DNA sequencers, and advanced instrument imaging products.

Steady Motivation from Industry Standardsto Advance the Market

The laboratory equipment service market receives steady motivation from industry standards that must be followed. Official agencies, including FDA, EMA, ISO 17025 and GLP standards, closely monitor biotechnology, pharmaceutical and clinical diagnostic operations.

Laboratory Equipment Service Market Restraint

Service CoststoPose Potential Impediments on this Market

Specialised service needs in the laboratory equipment market push up service costs as primary limitations. Laboratory instrument maintenance requires expert technicians who need to use branded tools and components, which makes calibration and repair expenses more expensive.

Laboratory Equipment Service Market Opportunity

More Customersto Create Opportunity in this Market

More customers want digital and remote laboratory monitoring services, which provides the market with a clear expansion path. Advanced laboratory instruments demand real-time checks combined with proactive support and remote problem solving because they need increased monitoring.

Segmentation

Key Insights

The report covers the following key insights:

• Market drivers, restraints and opportunities
• Influence of key industrial players and key developments
• Healthcare expenditure
• Research and development

Analysis by Equipment Type

By Equipment Type, the Laboratory Equipment Service market is divided into Analytical Equipment, General Equipment, Specialty Equipment & Support Equipment

The laboratory equipment service market contains analytical equipment and general equipment types that develop the market's growth separately. The market enhances service growth because analytical equipment includes high-tech instruments like mass spectrometers, chromatography systems, and spectrophotometers.

The service market expands due to the high demand for essential laboratory tools, including centrifuges, autoclaves, incubators and balances that make up the general equipment segment. Although general laboratory tools have basic operations, they demand regular servicing to keep them working at peak performance.

Analysis by Service Type

Based on Service Type, the market is divided into Repair and Maintenance Services, Calibration Services & Others

By recognising that prevention through maintenance lowers repair expenses and maintains operations, the market demands comprehensive maintenance agreements which increase repair and maintenance services distribution.

Service providers who calibrate equipment play a major role as the laboratory equipment service market expands. Calibration needs create a rising business opportunity that supports the total laboratory equipment service market's development.

Analysis by Service Provider

Based on Service Provider, the market is divided into Original Equipment Manufacturers (OEMs), Third-party Service Providers & Others

Customers require professional instrument solution services to enhance product results and durability, mainly during the warranty timeframe until the equipment's end of life.

Third-party repair companies make up a crucial part of expanding laboratory equipment service market operations. The laboratory service market grows as budget-conscious labs sign one agreement with a provider who takes care of their different equipment brands.

Analysis by End User

Based on End User, the market is divided into Pharmaceutical & Biotechnology Companies, Clinical Laboratories, Academic & Research Institutes & Others

Pharmaceutical and biotechnology companies drive the testing equipment service market and form its largest portion as they keep growing their requirements. There is an increasing and steady need for service deliveries such as calibration, validation and maintenance to keep precision instruments functioning reliably.

More hospitals depend on laboratory equipment and need accurate patient test results, so they purchase steady increases in professional services and fast repair options that push up the laboratory equipment service business sector.

Regional Analysis

Based on region, the Laboratory Equipment Service market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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North America produces most of the worldwide demand for laboratory equipment service by owning the top market position. The region stands out because of strong investments in healthcare science. It mainly results from the developed pharmaceutical and biotechnology industries. Several main laboratory equipment makers and a well-developed healthcare system create a strong need for total service coverage in this industry. Organisations in healthcare and life science sectors respecting strict rules and quality standards must regularly maintain and test lab instruments to achieve strong growth in the service sector. The early embrace of advanced technology combined with growing outsourcing of equipment services makes North America lead the market while shaping global market direction, especially through the United States market segment.

• According to NIST, there are 42504 number of certified laboratory service providers in North America.

The European laboratory equipment service market stands out because of its advanced healthcare structures linked to strong medical research facilities plus leading pharmaceutical companies in the region. In both regions professional laboratory equipment maintenance is needed because European and North American quality standards and healthcare rules mandate it. The region continually develops new laboratory instruments because of its research focus plus government support. These upgrades make the market need expert service providers. Europe's companies now choose to outsource their laboratory equipment maintenance services to reach budget targets while enhancing performance.

The laboratory equipment service market is becoming more powerful in the Asia Pacific region as it experiences rapid expansion. Growing healthcare sectors in China, India and Japan create demand for advanced lab products through spending from pharmaceutical businesses, biotechnology companies and research programmes. As more and more laboratory equipment enters service, companies provide calibration services to expand quickly. The combination of consumer quality focus with developing regulatory requirements leads organisations to seek dependable service providers more often.

Key Players Covered

The report includes the profiles of the following key players:

• Thermo Fisher Scientific Inc. (U.S.)
• Agilent Technologies, Inc. (U.S.)
• Waters Corporation (U.S.)
• PerkinElmer Inc. (U.S.)
• Merck KGaA (Germany)
• Shimadzu Corporation (Japan)
• Eppendorf SE (Germany)
• Bio-Rad Laboratories, Inc. (U.S.)
• Diamond Diagnostics (U.S.)

Key Industry Developments

• Agilent Technologies consistently adds digital service abilities, yet the search results do not reveal specific details about their major platform expansion with lab connectivity starting in 2024. Recent industry changes include more companies using remote monitoring technology for their maintenance processes.
• In June 2021, Avantor acquired RIM Bio as the single-use bioprocess bags and assemblies manufacturer for the biopharmaceutical industry.