The Changing Life Science Distribution Landscape

The lifeblood of any laboratory are the common reagents, consumables and apparatus required in order to carry forth its work and perform everyday experimentation and analysis. It is estimated this market represents an overall market size approaching $25-30B USD [source], globally and is growing at a CAGR 5.5 – 7%.

Laboratory distribution companies have long played a vital role in supplying these tools of science to R&D, Industrial QC, University Research and Biomanufacturing facilities throughout the world. However, improved procurement platforms, AI based search and analysis tools as well improved logistics networks and even shifting research product needs may be signaling a sea change in the marketplace. Recently, there has been significant investment in multiple startups aiming to create virtual marketplaces pointed at displacing or operating alongside traditional distributors.