beroe-ai

Lab Chemicals
Market, Supplier, Risk and
Competitive Intelligence

best-value

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai

feature

 No Additional Benefits

Subscription Benefits:

  • PRO access to New Beroe LiVE*
  • Category Report with unlimited updates*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai

feature

Manage Lab Chemicals Category with Ai powered
Procurement Productivity Suite

meet-abi-1

Abi will answer all Lab Chemicals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Lab Chemicals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Lab Chemicals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Lab Chemicals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

Get Beroe LiVE.Ai subscription for your team

17k + companies trust Beroe for their supply market intelligence needs

Check out what’s included in market information for Lab Chemicals on Beroe LiVE.Ai

Learn More about Beroe LiVE.Ai

Report Coverage

  • Market Analysis
  • Market Trends
  • Sourcing Practices
  • Sourcing and Pricing Model

Production Size

Global Market Value

$19.4 Billions

CAGR

7.3 percent

Table of Contents

  1. Executive Summary/COVID – 19 Update
  2. Executive Summary
  3. COVID – 19 Update
  1. Market Analysis
  2. Market Overview
  3. Market Trends
  4. End User Segmentation
  1. Sourcing Practices
  2. Cost Drivers of Lab Chemicals
  3. Cost Component Analysis
  4. Sourcing and Pricing Model
  5. Sourcing Channels
  1. Innovation Framework
  2. Innovation Framework
  1. Sustainability in Lab Chemicals-Buffers
  2. Sustainability in Lab Chemicals

Want a more detailed personalised report?

Lab Chemicals Global Market Outlook:

  • CAGR growth rate: 7.3 percent between 2019 and 2025E
  • 2020E Market Value: $19.4 Billions

Market Drivers
• Surge in investments in the field of life sciences
• The usage of lab consumables still continues to be a critical driver of this sector as per the innovation
• End-users that conduct a high number of testing purchase the reagents that are required to run the tests, providing vendors an opportunity to generate revenue with the high quantity sales of reagents.

Market Trends

Accelarated Globalization:

  • Supply centers of the lab chemicals suppliers are shifting due to the advent of shale gas in the U.S. or coal to olefins in China. Also, demand centers are shifting due to a rapidly growing middle class in the emerging countries.
  • New market entrants drive shrinking lifecycles and rapid commoditization of products

The Circular Economy:

  • Regulatory requirements significantly increase as the environmental impact of emissions and waste gets more and more evident.
  • Chemical companies are in greater need to respond to this, few companies are already extending their ecosystems with the purpose to establish end-to-end concepts

Market State:

  • The demand for lab chemicals is expected to witness steady growth due to increasing investment in global R&D, increase in stem cell and biotechnology research and high usage in diagnostic and therapeutic applications. North America captures approximately 52 percent of the lab reagents market
  • The demand for ready to use reagents is growing in clinical laboratories as it minimizes calculation,
    dilution, pipetting errors and sample contamination

Digitization:

  • It is seen that the chemicals companies in general plan to invest 5 percent of annual revenue on digitization over the next five years and nearly a third of them reported having already reached an advanced level of digitization.
  • These initiatives can produce near-term benefits across three primary business dimensions: operations, customer-facing, and organizational.

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai

feature

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.

x

COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)