Page 14 - Centena Group PR Report - July 2025

ArabMedicare.com | LabSpace records 30 percent revenue growth driven by UAE’s rising student enrollment boom

LabSpace records 30 percent revenue growth
driven by UAE’s rising student enrollment boom

(DUBAI) - LabSpace, Centena Group’s turnkey laboratory
solutions specialist, recorded a 30 per cent year-on-year surge in
revenue, driven by the UAE’s growing demand for cutting-edge
laboratory infrastructure and a rise in project volume, especially
within the educational sector. In addition, the company is
planning a focused expansion into Saudi Arabia and Qatar, where
demand for both educational and industrial R&D infrastructure is
rising.
According to a recent education industry report, the total number
of students in the GCC is projected to increase by 1.1 million,
reaching 14.2 million by 2027. This surge is already evident in
Dubai’s 20 percent increase in student enrollment during the
2024-2025 academic year. Higher education enrollment in the
emirate is also projected to more than double by 2040, creating a
surge in the number of schools and universities, along with
demand for advanced lab infrastructure, to enhance STEM
education.

In response to the strong market demand, LabSpace has been
rapidly expanding its portfolio, introducing new solutions that
ensure functionality, safety, and innovation. These include flexible
benches, modular storage systems, enhanced weight-bearing
capacities, and color-optimized solutions to meet the evolving
demands of different sectors.
Nilesh Korgaonkar, CEO of LabSpace said: “This year, we
experienced the highest demand from the educational sector,
especially due to the surge in the number of schools and
universities in the country. In addition, we are witnessing a
growing demand for industrial laboratories as the UAE and GCC
intensify their focus on manufacturing and R&D projects.”

He added: “Our solutions are tailored to meet the specific needs
of each sector, whether it is an educational institution, an
industrial workspace, or a commercial research facility. With a
strong emphasis on engineering excellence and innovative
designs, we support various industries with end-to-end lab
setups, from consultation to installation, while ensuring the
highest quality standards and timely project delivery through our
state-of-the-art manufacturing facility in the UAE. With our team
of experienced professionals, we are now capable of delivering
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