# THERMO FISHER SCIENTIFIC INC.

Summary updated: 2026-03-19T00:41:57.810328Z
Canonical: https://finbar.com/research/companies/thermo-fisher-scientific

## Overview

Thermo Fisher Scientific Inc. is a global scientific services and life sciences company focused on analytical instruments, laboratory products, specialty diagnostics, and biopharma services, and it describes itself as the world leader in serving science. [1](https://app.finbar.com/go?id=P-2b17aa87d6b84ff485b97b4258e33aaf)[2](https://app.finbar.com/go?id=P-08b5d8cb91e74b6994f0c0ae0fa2191a) Its offerings span reagents, instruments, consumables, software, diagnostic test kits, laboratory supplies, and outsourced services for drug development, clinical research, clinical trials, and commercial manufacturing. [3](https://app.finbar.com/go?id=P-1bac15fb6573470dba0214fd1faeded4)[4](https://app.finbar.com/go?id=P-73538e6c8ed1492dbe7f4ce6753ef5a8)[5](https://app.finbar.com/go?id=P-82250557ae1744c88c5f03cf9b50c6d2)[6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a) The company serves a broad customer base that includes pharmaceutical and biotechnology companies, hospitals and clinical diagnostic labs, universities, research institutions, government agencies, and industrial and environmental testing customers. [1](https://app.finbar.com/go?id=P-2b17aa87d6b84ff485b97b4258e33aaf) Its mission is to enable its customers to make the world healthier, cleaner and safer. [1](https://app.finbar.com/go?id=P-2b17aa87d6b84ff485b97b4258e33aaf)

Thermo Fisher operates globally through direct sales, customer-service teams, e-commerce channels, and third-party distributors, with facilities and infrastructure located throughout the world. [7](https://app.finbar.com/go?id=P-ebba554d91384e7c95165d5a47c6d497)[8](https://app.finbar.com/go?id=P-06e5ea8849bf48a9b1d556e456d6c5bb) The company reports operations and a taxable presence in approximately 70 countries outside the U.S., and international markets account for a substantial share of its business. [9](https://app.finbar.com/go?id=P-2fdbb885de124b439746be1bc79105e2)[10](https://app.finbar.com/go?id=P-c02e2d6b714f4e7fbe51c008ffb6e8b7) In 2024, Thermo Fisher generated $42.879 billion in consolidated revenue and employed approximately 125,000 people globally, including roughly 60,000 in the Americas, 22,000 in Asia-Pacific, and nearly 43,000 in Europe, the Middle East and Africa. [11](https://app.finbar.com/go?id=P-2621da5e169d4f8198ceeee80a3a35ed)[12](https://app.finbar.com/go?id=P-b639b11c2cea4364b87f53c0abda5eb5)
[1](https://app.finbar.com/go?id=P-2b17aa87d6b84ff485b97b4258e33aaf)[2](https://app.finbar.com/go?id=P-08b5d8cb91e74b6994f0c0ae0fa2191a)[3](https://app.finbar.com/go?id=P-1bac15fb6573470dba0214fd1faeded4)[4](https://app.finbar.com/go?id=P-73538e6c8ed1492dbe7f4ce6753ef5a8)[5](https://app.finbar.com/go?id=P-82250557ae1744c88c5f03cf9b50c6d2)[6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a)[7](https://app.finbar.com/go?id=P-ebba554d91384e7c95165d5a47c6d497)[8](https://app.finbar.com/go?id=P-06e5ea8849bf48a9b1d556e456d6c5bb)[9](https://app.finbar.com/go?id=P-2fdbb885de124b439746be1bc79105e2)[10](https://app.finbar.com/go?id=P-c02e2d6b714f4e7fbe51c008ffb6e8b7)[11](https://app.finbar.com/go?id=P-2621da5e169d4f8198ceeee80a3a35ed)[12](https://app.finbar.com/go?id=P-b639b11c2cea4364b87f53c0abda5eb5)

## Products & services

Thermo Fisher Scientific’s product portfolio is organized into four reporting groups. In 2024, Laboratory Products and Biopharma Services accounted for 53.7% of external revenue, Life Sciences Solutions 19.0%, Analytical Instruments 16.9%, and Specialty Diagnostics 10.4%. The company markets these offerings through brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. [13](https://app.finbar.com/go?id=T-5cc7102a1d8a44d19c7eb052e65a006e)[14](https://app.finbar.com/go?id=P-75557f82877c4ae9b2c9b933e236990f)

Life Sciences Solutions includes reagents, instruments, and consumables used in biological and medical research, drug and vaccine discovery, biologics production, and disease diagnostics. Within that group, Biosciences provides molecular biology and protein biology tools; Genetic Sciences provides genomic and proteomic instruments and related reagents; and BioProduction provides upstream cell-culture products, downstream purification products, analytics for detecting and quantifying process and product impurities, and single-use solutions across biologics workflows. Analytical Instruments includes chromatography and mass spectrometry systems for organic and inorganic sample analysis, chemical-analysis tools for production and process applications, field and safety instruments, environmental and process instruments, and electron microscopy workflows for life-science, materials-science, and semiconductor applications. [3](https://app.finbar.com/go?id=P-1bac15fb6573470dba0214fd1faeded4)[15](https://app.finbar.com/go?id=P-060a4126ba8f44658ffed23ebbc7a69e)[4](https://app.finbar.com/go?id=P-73538e6c8ed1492dbe7f4ce6753ef5a8)[16](https://app.finbar.com/go?id=P-70ff74f1fc2744f1b915f8a7311c6151)

Specialty Diagnostics sells diagnostic test kits, reagents, culture media, instruments, and related products for healthcare, clinical, pharmaceutical, industrial, and food-safety laboratories. The segment includes liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, calibrators, controls, and protein-detection assays, with applications such as drugs-of-abuse testing, therapeutic drug monitoring, thyroid testing, sepsis screening, first-trimester screening, tumor markers, and multiple myeloma; it also includes allergy, asthma, and autoimmune blood-test systems, microbiology culture media and pathogen-detection products, and HLA typing and testing for transplant diagnostics. Laboratory Products and Biopharma Services combines laboratory consumables, equipment, and chemicals with outsourced services for drug development, clinical research, clinical trials, and commercial manufacturing, including small- and large-molecule development and manufacturing and integrated clinical-development and analytical services spanning Phases I-IV plus peri- and post-approval support. [17](https://app.finbar.com/go?id=P-ca69f9e90af64209b257205a777b0cc4)[18](https://app.finbar.com/go?id=P-8c1c7d7cec9043ef8a5722eacf81df3d)[6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a)[19](https://app.finbar.com/go?id=P-95f4688f72ce4966a9f1da00795f2401)

Named product platforms on Thermo Fisher’s site include Orbitrap LC-MS systems, described as high-resolution, accurate-mass mass spectrometers for known and unknown compound characterization, including Orbitrap Astral systems positioned for faster throughput, deeper coverage, higher sensitivity, and accurate quantitation. QuantStudio is the company’s qPCR instrument family for gene expression, genotyping, and quantitative nucleic-acid analysis, with cited capabilities including detection of expression changes down to 1.5-fold, dynamic range up to 10 logs, multiplexing, and—on higher-end models—remote monitoring, cloud-based analysis, VeriFlex temperature zoning, and interchangeable blocks. Ion Torrent is its semiconductor-based next-generation sequencing platform, including the Genexus system for automated workflows with results in as little as 24 hours; KingFisher systems automate magnetic-bead purification for DNA, RNA, proteins, cells, and exosomes, with the Flex model supporting 24-96 samples per run; and Gibco covers cell-culture and bioprocessing media, supplements, and reagents used from development through manufacturing. [20](https://www.thermofisher.com/us/en/home/industrial/mass-spectrometry/liquid-chromatography-mass-spectrometry-lc-ms/lc-ms-systems/orbitrap-lc-ms.html)[21](https://www.thermofisher.com/us/en/home/industrial/mass-spectrometry/liquid-chromatography-mass-spectrometry-lc-ms/lc-ms-systems/orbitrap-lc-ms/orbitrap-astral-mass-spectrometer.html)[22](https://www.thermofisher.com/us/en/home/life-science/pcr/real-time-pcr/real-time-pcr-instruments/quantstudio-systems.html)[23](https://www.thermofisher.com/us/en/home/life-science/pcr/real-time-pcr/real-time-pcr-instruments/quantstudio-systems/models/quantstudio-6-7-pro.html)[24](https://www.thermofisher.com/us/en/home/life-science/sequencing/next-generation-sequencing/ion-torrent-next-generation-sequencing-technology.html)[25](https://www.thermofisher.com/us/en/home/life-science/sequencing/next-generation-sequencing/instruments/genexus-system.html)[26](https://www.thermofisher.com/us/en/home/life-science/dna-rna-purification-analysis/automated-purification-extraction/kingfisher-systems/features.html)[27](https://www.thermofisher.com/us/en/home/life-science/dna-rna-purification-analysis/automated-purification-extraction/kingfisher-systems/models/kingfisher-flex.html)[28](https://www.thermofisher.com/us/en/home/brands/gibco.html)[29](https://www.thermofisher.com/us/en/home/life-science/bioproduction/gibco-bioprocessing.html)
[13](https://app.finbar.com/go?id=T-5cc7102a1d8a44d19c7eb052e65a006e)[14](https://app.finbar.com/go?id=P-75557f82877c4ae9b2c9b933e236990f)[3](https://app.finbar.com/go?id=P-1bac15fb6573470dba0214fd1faeded4)[15](https://app.finbar.com/go?id=P-060a4126ba8f44658ffed23ebbc7a69e)[4](https://app.finbar.com/go?id=P-73538e6c8ed1492dbe7f4ce6753ef5a8)[16](https://app.finbar.com/go?id=P-70ff74f1fc2744f1b915f8a7311c6151)[17](https://app.finbar.com/go?id=P-ca69f9e90af64209b257205a777b0cc4)[18](https://app.finbar.com/go?id=P-8c1c7d7cec9043ef8a5722eacf81df3d)[6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a)[19](https://app.finbar.com/go?id=P-95f4688f72ce4966a9f1da00795f2401)[20](https://www.thermofisher.com/us/en/home/industrial/mass-spectrometry/liquid-chromatography-mass-spectrometry-lc-ms/lc-ms-systems/orbitrap-lc-ms.html)[21](https://www.thermofisher.com/us/en/home/industrial/mass-spectrometry/liquid-chromatography-mass-spectrometry-lc-ms/lc-ms-systems/orbitrap-lc-ms/orbitrap-astral-mass-spectrometer.html)[22](https://www.thermofisher.com/us/en/home/life-science/pcr/real-time-pcr/real-time-pcr-instruments/quantstudio-systems.html)[23](https://www.thermofisher.com/us/en/home/life-science/pcr/real-time-pcr/real-time-pcr-instruments/quantstudio-systems/models/quantstudio-6-7-pro.html)[24](https://www.thermofisher.com/us/en/home/life-science/sequencing/next-generation-sequencing/ion-torrent-next-generation-sequencing-technology.html)[25](https://www.thermofisher.com/us/en/home/life-science/sequencing/next-generation-sequencing/instruments/genexus-system.html)[26](https://www.thermofisher.com/us/en/home/life-science/dna-rna-purification-analysis/automated-purification-extraction/kingfisher-systems/features.html)[27](https://www.thermofisher.com/us/en/home/life-science/dna-rna-purification-analysis/automated-purification-extraction/kingfisher-systems/models/kingfisher-flex.html)[28](https://www.thermofisher.com/us/en/home/brands/gibco.html)[29](https://www.thermofisher.com/us/en/home/life-science/bioproduction/gibco-bioprocessing.html)

## Geographic presence

Thermo Fisher Scientific is headquartered in Waltham, Massachusetts, and it states that it owns and leases office, engineering, laboratory, production and warehouse space throughout the world [30](https://app.finbar.com/go?id=P-b21c0c53b2884b29a0444956d25ec0c6)[31](https://app.finbar.com/go?id=P-abc405afbd0e4748bca39e80e3c9b5af). As of December 31, 2024, it employed approximately 125,000 people globally, with about 60,000 in the Americas, 22,000 in Asia-Pacific, and nearly 43,000 in Europe, the Middle East and Africa [32](https://app.finbar.com/go?id=P-8f734d0fe7ee45aa9b6f0c6fac93d192).

Revenue is geographically diversified. In 2024, revenue by customer location was $22.504 billion in North America, $10.857 billion in Europe, $7.956 billion in Asia-Pacific, and $1.561 billion in other regions, out of $42.879 billion total, or roughly 52.5%, 25.3%, 18.6%, and 3.6%, respectively [33](https://app.finbar.com/go?id=P-1f6d14db55c44cc4aef60bcd3ff0015a)[34](https://app.finbar.com/go?id=T-56de7e59f1fe426c9cbe3737424a7fe9). On a country basis, the United States accounted for $21.755 billion of 2024 revenue, or 50.7%, while revenue outside the United States was $21.124 billion, or 49.3% [35](https://app.finbar.com/go?id=P-a5e3c67ceafb4cc4804ff3adc7d69c10)[36](https://app.finbar.com/go?id=T-5546aa9e9c554cf695d4e7a201ac22bb). The company also reported 2024 long-lived assets of $6.245 billion in the United States and $4.550 billion in other countries [37](https://app.finbar.com/go?id=P-ff0e2e07c5fb417dada89643ab430e7d)[38](https://app.finbar.com/go?id=P-683fe98ba97c430482e638f142b04b31).
[30](https://app.finbar.com/go?id=P-b21c0c53b2884b29a0444956d25ec0c6)[31](https://app.finbar.com/go?id=P-abc405afbd0e4748bca39e80e3c9b5af)[32](https://app.finbar.com/go?id=P-8f734d0fe7ee45aa9b6f0c6fac93d192)[33](https://app.finbar.com/go?id=P-1f6d14db55c44cc4aef60bcd3ff0015a)[34](https://app.finbar.com/go?id=T-56de7e59f1fe426c9cbe3737424a7fe9)[35](https://app.finbar.com/go?id=P-a5e3c67ceafb4cc4804ff3adc7d69c10)[36](https://app.finbar.com/go?id=T-5546aa9e9c554cf695d4e7a201ac22bb)[37](https://app.finbar.com/go?id=P-ff0e2e07c5fb417dada89643ab430e7d)[38](https://app.finbar.com/go?id=P-683fe98ba97c430482e638f142b04b31)

## Business segments

Thermo Fisher Scientific reports four business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. [39](https://app.finbar.com/go?id=P-2492bd7fa79e49e88db0387050b6b650)

Life Sciences Solutions provides reagents, instruments, and consumables used in biological and medical research, drug and vaccine discovery and production, and diagnosis of infection and disease, with three primary businesses: Biosciences, Genetic Sciences, and BioProduction. [15](https://app.finbar.com/go?id=P-060a4126ba8f44658ffed23ebbc7a69e) Analytical Instruments provides instruments plus related consumables, software, and services for pharmaceutical, biotechnology, academic, government, environmental, research, industrial, and clinical laboratory applications, with three primary businesses: Chromatography and Mass Spectrometry, Chemical Analysis, and Electron Microscopy. [16](https://app.finbar.com/go?id=P-70ff74f1fc2744f1b915f8a7311c6151) Specialty Diagnostics offers diagnostic test kits, reagents, culture media, instruments, and associated products for healthcare, clinical, pharmaceutical, industrial, and food safety laboratories, spanning Clinical Diagnostics, ImmunoDiagnostics, Microbiology, Transplant Diagnostics, and the Healthcare Market Channel. [5](https://app.finbar.com/go?id=P-82250557ae1744c88c5f03cf9b50c6d2) Laboratory Products and Biopharma Services combines laboratory products and services with outsourced pharma and biotech services for drug development, clinical research, clinical trials, and commercial drug manufacturing, through Laboratory Products, Research and Safety Market Channel, Pharma Services, and Clinical Research. [6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a)

Based on 2024 external customer revenue, Laboratory Products and Biopharma Services was the largest segment at about 54% of revenue, followed by Life Sciences Solutions at about 19%, Analytical Instruments at about 17%, and Specialty Diagnostics at about 10%. [13](https://app.finbar.com/go?id=T-5cc7102a1d8a44d19c7eb052e65a006e)
[39](https://app.finbar.com/go?id=P-2492bd7fa79e49e88db0387050b6b650)[15](https://app.finbar.com/go?id=P-060a4126ba8f44658ffed23ebbc7a69e)[16](https://app.finbar.com/go?id=P-70ff74f1fc2744f1b915f8a7311c6151)[5](https://app.finbar.com/go?id=P-82250557ae1744c88c5f03cf9b50c6d2)[6](https://app.finbar.com/go?id=P-201f44918a7a4550ae6fb1188b25da9a)[13](https://app.finbar.com/go?id=T-5cc7102a1d8a44d19c7eb052e65a006e)

## Company history

Thermo Fisher Scientific traces its origins to two predecessor companies: Fisher Scientific, founded in 1902, and Thermo Electron, founded in 1956. In 2006, Thermo Electron and Fisher Scientific combined, and the merger was completed later that year to form Thermo Fisher Scientific. [40](https://www.thermofisher.com/at/en/home/about-us/news-gallery/company-fact-sheet/company-history.html)[41](https://www.sec.gov/Archives/edgar/data/97745/000095012306014144/y27121exv99w1.htm)

After the merger, Marc N. Casper became president and chief executive officer in October 2009. The company then expanded through several major acquisitions: Life Technologies in 2014, which strengthened its life sciences technologies and specialty diagnostics businesses; Patheon in 2017, which added contract development and manufacturing capabilities; and PPD in 2021, which added clinical research services. [42](https://www.biospace.com/thermo-fisher-scientific-appoints-b-marc-n-casper-b-president-and-chief-executive-officer)[43](https://www.thermofisher.com/us/en/home/about-us/news-gallery/press-releases/2014/thermo-fisher-scientific-completes-acquisition-of-life-technologies-corporation.html)[44](https://www.prnewswire.com/news-releases/thermo-fisher-scientific-completes-acquisition-of-patheon-300510547.html)[45](https://ir.thermofisher.com/investors/news-events/news/news-details/2021/Thermo-Fisher-Scientific-Completes-Acquisition-of-PPD-Inc/default.aspx)
[40](https://www.thermofisher.com/at/en/home/about-us/news-gallery/company-fact-sheet/company-history.html)[41](https://www.sec.gov/Archives/edgar/data/97745/000095012306014144/y27121exv99w1.htm)[42](https://www.biospace.com/thermo-fisher-scientific-appoints-b-marc-n-casper-b-president-and-chief-executive-officer)[43](https://www.thermofisher.com/us/en/home/about-us/news-gallery/press-releases/2014/thermo-fisher-scientific-completes-acquisition-of-life-technologies-corporation.html)[44](https://www.prnewswire.com/news-releases/thermo-fisher-scientific-completes-acquisition-of-patheon-300510547.html)[45](https://ir.thermofisher.com/investors/news-events/news/news-details/2021/Thermo-Fisher-Scientific-Completes-Acquisition-of-PPD-Inc/default.aspx)

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31. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-abc405afbd0e4748bca39e80e3c9b5af)
32. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-8f734d0fe7ee45aa9b6f0c6fac93d192)
33. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-1f6d14db55c44cc4aef60bcd3ff0015a)
34. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=T-56de7e59f1fe426c9cbe3737424a7fe9)
35. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-a5e3c67ceafb4cc4804ff3adc7d69c10)
36. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=T-5546aa9e9c554cf695d4e7a201ac22bb)
37. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-ff0e2e07c5fb417dada89643ab430e7d)
38. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-683fe98ba97c430482e638f142b04b31)
39. [THERMO FISHER SCIENTIFIC INC. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P-2492bd7fa79e49e88db0387050b6b650)
40. [www.thermofisher.com](https://www.thermofisher.com/at/en/home/about-us/news-gallery/company-fact-sheet/company-history.html)
41. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/97745/000095012306014144/y27121exv99w1.htm)
42. [www.biospace.com](https://www.biospace.com/thermo-fisher-scientific-appoints-b-marc-n-casper-b-president-and-chief-executive-officer)
43. [www.thermofisher.com](https://www.thermofisher.com/us/en/home/about-us/news-gallery/press-releases/2014/thermo-fisher-scientific-completes-acquisition-of-life-technologies-corporation.html)
44. [www.prnewswire.com](https://www.prnewswire.com/news-releases/thermo-fisher-scientific-completes-acquisition-of-patheon-300510547.html)
45. [ir.thermofisher.com](https://ir.thermofisher.com/investors/news-events/news/news-details/2021/Thermo-Fisher-Scientific-Completes-Acquisition-of-PPD-Inc/default.aspx)

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