Avantor, Inc. Common Stock (AVTR)
Competitors to Avantor, Inc. Common Stock (AVTR)
BD (Becton, Dickinson and Company) BDX -2.13%
Becton, Dickinson and Company competes with Avantor primarily in the medical and laboratory equipment market. BD is known for its medical devices, instrument systems, and reagents, which cater to hospitals and laboratories worldwide. While Avantor focuses more on providing supplies and solutions in the research sector, BD’s emphasis on medical and health-related products provides a strong competitive advantage by addressing a broad array of needs in the healthcare industry.
Merck Group
Merck Group and Avantor operate in similar sectors, focusing on life science and laboratory materials. Merck's broad and established portfolio of high-quality chemicals and reagents, along with its significant investment in research and development, gives it a competitive edge in innovation. While Avantor focuses on providing specific tailored services, Merck's scale and comprehensive offerings make it a formidable competitor in procurement and specialty chemicals in the scientific field.
Sigma-Aldrich (part of Merck KGaA)
Sigma-Aldrich competes with Avantor by supplying chemicals and reagents crucial for scientific research and industrial applications. Sigma-Aldrich benefits from its well-established product lines, extensive catalog of specialty chemicals, and strong brand presence particularly in academic and research institutions. While Avantor has made significant strides in innovation and customer service, Sigma-Aldrich's vast selection and market penetration offer it a competitive edge.
Thermo Fisher Scientific TMO -3.89%
Thermo Fisher Scientific and Avantor, Inc. compete primarily within the life sciences and laboratory supply markets. Both companies provide a wide range of products and services that support research in laboratories, pharmaceuticals, biotechnology, and academia. Thermo Fisher benefits from a larger market presence and diverse product portfolio, giving it an edge in brand recognition and customer loyalty. Additionally, its extensive global reach helps it secure contracts that might be out of reach for smaller competitors like Avantor.
VWR International
VWR International, part of Avantor, offers laboratory supplies and services, effectively overlapping with Avantor’s core offerings. The competition primarily lies in the procurement services and inventory management solutions both companies provide to hospitals and research institutions. VWR's longstanding relationships in the industry and strong logistics capabilities afford it a competitive advantage, though Avantor leverages its own innovations to differentiate its service offerings.