Gas generators are equipment used to serve the purpose of scientific work, such as in packaging new drugs and conducting various experiments in research laboratories. The increasing usage of several gases in academic & diagnostic institutions, hospitals, and forensic laboratories has driven the demand for the same in recent years. Moreover, the rising number of R&D laboratories and the increasing demand for pharmaceutical products drive the global laboratory gas generators market. Researchers are shifting to gas generators over gas cylinders as these products are lightweight, cost-effective, and convenient. Government support for pharmaceutical and drug discovery is anticipated to be the primary driver for the market growth of the global labware market during the forecast period.

Laboratory equipment & consumables are the laboratory tools that help researchers, scientists, students, and many other individuals in R&D, life sciences, biopharmaceutical firms, and other R&D industries to obtain the specific result of chemical or bio-chemical interactions and streamline the workflow in laboratory environments. Laboratory equipment and consumables account for huge applications across the biotech, pharmaceutical, medical device companies, healthcare settings, food, chemical industries, and many more. The R&D is performed in various types of laboratory environments to determine the final outcomes in terms of products, services, and other solutions, which drive the demand for lab equipment and consumables.