Thermo Fisher Scientific Inc. Stock Performance
Thermo Fisher Scientific Inc. has been a subject of interest among investors due to fluctuations in its stock price. According to recent analysis, investing in the company three years ago would have resulted in significant losses.
Market Outlook
The company’s products are expected to benefit from the growing demand for central lab services, driven by the increasing prevalence of rare diseases. This trend is expected to contribute to the growth of the global central lab services market, which is forecasted to reach $8.18 billion by 2030.
Market Trends
- The market for softgel capsules is expected to grow at a CAGR of 7.7%.
- The company’s expertise in laboratory equipment and services is likely to be in demand due to this trend.
Key Statistics
- Global central lab services market forecasted to reach $8.18 billion by 2030.