Used Biotech Equipment
“Biotechnology” is typically defined as “any technology application the makes use of biological systems, living organisms and its components to create products and other technological systems with the aim of advancing the human condition. “Biotech”, on the other hand, is typically used to describe a company that utilizes biotechnology, making biotech equipment the pieces of laboratory equipment necessary to create the end-goal products and technologies biotech companies hope to achieve.
Used biotech equipment is a great option for young, up-and-coming startups, or laboratories operating on tight budgets. And with the global biotechnology market expected to reach $727.1 billion by 2025, according to a new report by Grand View Research, Inc., there is plenty of room to grab a piece of this expanding technological pie without breaking the bank.
Purchasing used biotech equipment is not only beneficial for your bottom line, but also for the environment. Buying used lab equipment has a very real ecological impact. As the biotech market continues to grow, electronic waste has become a growing problem in the United States. A second life in a new lab keeps a reliable tool out of a landfill and minimizes ground contamination. And not only does the used lab equipment life cycle benefit the buyer, it also allows the seller to recoup some of the initial product cost while also freeing up space and surplus supplies in what are frequently small spaces.
Organizations like The Lab World Group offer a variety of options both for those looking to purchase or sell used biotechnology equipment. From consignment to lab liquidation and outright purchase, this relationship not only benefits our sellers, but allows us to keep quality products in the pipeline to supply our used equipment buyers.
Check out a list of the categories of used lab equipment we carry. Click here for a full list of available inventory. Don’t see what you need? Contact us and we’ll see how we can best assist you to meet your laboratory’s needs.
Categories of Used Lab Equipment We Carry: