Experimental Analysis Equipment Market in India Will Total $ 2.37 Billion

Online, June 9, 2013 (Newswire.com) - India test equipment market in 2012 reached $ 762.5 million, is expected by 2018 this figure will increase to $ 2.37 billion. Pharmacy, drug distribution companies and public and commercial laboratories using custom instrument end customers and increasing needs, and promote the Indian test analytical instruments market move forward.

In recent years, pharmacies, laboratories and other drug delivery companies and end customers using customized instruments and increasing needs, and promote the Indian test analytical instruments market move forward. In recent years, the Government has been to strengthen the testing instruments, especially the pharmaceutical quality control test equipment, test equipment which further promoted the development of the market.

Frost & Sullivan's analysis shows that the total Indian analytical instrumentation market in 2012 reached $ 762.5 million, is expected to 2018 this figure will increase to $ 2.37 billion. These test equipment terminal clients include pharmaceutical production and sales companies, government and university research institutions, environmental safety department, agricultural research institutions, food and beverage, and chemical analysis laboratory institutions and so on.

Government financial support is experimental analytical instruments have been developed in India, an important fulcrum. Indian government agencies and research laboratories will continue to be an important analytical instrument company customers. Agricultural research institutes and commercial research institutions are also an important analytical instrumentation customers, their needs will also help promote the instrumentation market growing year by year.

Frost & Sullivan's analysts said that India's commercial research institutions, in particular the number of medical research institutions are increasing, such as India's national research institutions not only provide customers with service, and they signed with foreign customers a considerable amount of research contracts. Analysts believe that technological progress and the support of India's high-end software industry continues to push forward the development of the field.

But insiders said the Indian government has done in the relevant industry policies are not enough, the Indian government introduced a number of incentive policies should continue to promote the development of high-value areas.

Meet end-customer demand customized instrument technology, and automation technology will be a key test analytical instruments.

Analysts said India's big companies should establish a sound system of production and technical research, in order to create a good test equipment, as well as the community to create jobs, rather than simply imported from abroad. University must be in close communication with end-users, to span scientific theory and instrumentation gap between actual market demand.

In India, the various types of test equipment market demand is growing. Pharmaceutical, petrochemical, chemical, paper and pulp industry, the food industry has become a major growth driver instrumentation market.