The global market for Laboratory Balances and Scales is projected to reach US$1.5 billion by 2025, driven by the increased demand for laboratory services in healthcare, academics, life sciences, pharmaceutical, food, and chemical industries. The market is also driven by the stringent guidelines, regulations and recommendations for laboratory analysis such as stringent contractual laboratory testing agreements and arrangements. Growing safety standards in food and pharmaceutical sectors will continue to shift the emphasis towards analytical quality, thereby driving demand for laboratory balances and scales. The rapid growth of pharmaceutical and biotechnology sectors and increased funding support for academia R&D activities, the resulting increase in laboratories performing quality control of medicines will present significant opportunities for growth. Technology innovations will also fuel growth, especially against the backdrop where the need to replace old and obsolete lab ba...