The pharmaceutical lab equipment market is expected to grow due to an increase in research and development activities.
Pharmaceutical Lab Equipment Market growth in North America is likely to be boosted by increasing expansion activity by leading players.
A number of pharmaceutical lab equipment firms are extending their global footprint. To stay competitive and gain an advantage over their competitors, pharmaceutical lab equipment manufacturers are opening commercial production units in North America. For example, Thermo Scientific, based in the United States, developed a new high-performance refrigerated incubator in May 2017 that features a strong compressor technology that ensures optimal temperature conditions.
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