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Laboratory Supply Wholesaling in Canada Industry Data and Analysis
The Laboratory Supply Wholesaling industry in Canada has seen consistent growth, in line with the performance of scientific and technical service industries that purchase the bulk of professional laboratory and scientific equipment. In addition to growth in downstream markets, research and development (R&D) expenditure has risen, supporting need for laboratory supplies. COVID-19 only furthered the need for the laboratory equipment and consumables required by research and safety markets to address the pandemic, driving double-digit revenue growth in 2021. As a result, industry revenue is forecast to grow at a CAGR of 5.0% to $4.8 billion through 2025, including 0.6% in 2025 alone.Nevertheless, the looming threat of disintermediation, whereby consumers purchase products directly from their manufacturers and cut out the wholesaler as the transaction's middleman, continues to pose a threat to wholesalers. Smaller companies have been more adversely affected by this phenomenon, whereas large, vertically integrated enterprises have been largely insulated from this effect a result of their own distribution subsidiaries. Wholesalers have actively engaged in consolidation activity to simultaneously grow their customer base, reduce competition and expand product offerings. They have likewise invested in digital processes as tech advances have redefined the way products are sourced and distributed, especially as buyers have looked for connected instruments, data integrity and compliance-by-design across clinical, academic and bioprocess settings. The actions of Thermo Fisher Scientific, the largest laboratory supply wholesaler in Canada, have been indicative of this shift, with the company expanding digital commerce, connected instruments and informatics tie‑ins to meet buyer expectations.Rising demand for laboratory testing services and expanding R&D expenditure will create favourable conditions for growth in laboratory supply wholesaling. Higher health spending will sustain purchasing from hospitals, diagnostics networks and research programs, driving sales of instruments and consumables. Expanding biotechnology activity and stronger R&D budgets will increase revenue opportunities, while investment in emerging markets will further strengthen industry growth prospects. Consequently, industry revenue will grow at a CAGR of 4.1% to $6.5 billion through 2030. Wholesalers will shift from pure distribution toward value-added, service-driven models to protect margins and maintain competitiveness in a changing landscape.
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What's included in this industry analysis
IBISWorld's research coverage on the Laboratory Supply Wholesaling industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released September 2025.
About this industry
What's this industry report about?
The Laboratory Supply Wholesaling industry in Canada operates under the NAICS industry code 41793bCA. Lab supply wholesalers purchase laboratory equipment, instruments and other related products in bulk from manufacturers and distribute them to laboratories, research institutions, healthcare facilities, educational institutions and other clients. They act as intermediaries between manufacturers and end-users. Related terms covered in the Laboratory Supply Wholesaling industry in Canada include research and development (r&d) and mergers and acquisitions (m&a).
What's included in this industry?
Products and services covered in Laboratory Supply Wholesaling industry in Canada include Laboratory equipment and furniture, School supplies and Scientific equipment.
What companies are included in this industry?
Companies covered in the Laboratory Supply Wholesaling industry in Canada include Thermo Fisher.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Laboratory Supply Wholesaling industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Laboratory Supply Wholesaling industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Laboratory Supply Wholesaling industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Laboratory Supply Wholesaling industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Laboratory Supply Wholesaling industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Laboratory Supply Wholesaling industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Laboratory Supply Wholesaling industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Laboratory Supply Wholesaling industry in Canada.
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Frequently Asked Questions
What is the market size of the Laboratory Supply Wholesaling industry in Canada in 2026?
The market size of the Laboratory Supply Wholesaling industry in Canada is $5.3bn in 2026.
How many businesses are there in the Laboratory Supply Wholesaling industry in Canada in 2025?
There are 461 businesses in the Laboratory Supply Wholesaling industry in Canada, which has declined at a CAGR of 1.1 % between 2020 and 2025.
How may import tariffs affect the Laboratory Supply Wholesaling industry in Canada?
The Laboratory Supply Wholesaling industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Laboratory Supply Wholesaling industry in Canada?
The Laboratory Supply Wholesaling industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Laboratory Supply Wholesaling industry in Canada grown or declined over the past 5 years?
The market size of the Laboratory Supply Wholesaling industry in Canada has been growing at a CAGR of 5.0 % between 2020 and 2025.
What is the forecast growth of the Laboratory Supply Wholesaling industry in Canada over the next 5 years?
Over the next five years, the Laboratory Supply Wholesaling industry in Canada is expected to grow.
What are the biggest companies in the Laboratory Supply Wholesaling industry in Canada?
The biggest company operating in the Laboratory Supply Wholesaling industry in Canada is Thermo Fisher
What does the Laboratory Supply Wholesaling industry in Canada include?
Wholesaling analytical instruments such as chromatographic instruments, photometers and spectrographs and Wholesaling laboratory equipment, including balances and scales, except dental, medical and ophthalmic equipment are part of the Laboratory Supply Wholesaling industry in Canada.
Which companies have the highest market share in the Laboratory Supply Wholesaling industry in Canada?
The company holding the most market share in the Laboratory Supply Wholesaling industry in Canada is Thermo Fisher.
How competitive is the Laboratory Supply Wholesaling industry in Canada?
The level of competition is moderate and increasing in the Laboratory Supply Wholesaling industry in Canada.
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