Laboratory, optical and precision equipments (excl. glasses) market in Cyprus: size, suppliers and public contracts

Market size and key facts

In 2025, public buyers in Cyprus awarded 35 supply contracts for laboratory, optical and precision equipments (excl. glasses) through award notices on TED; the 16 of them that state a value (45.7%) add up to €5.44 million, a floor rather than the full contract value.

  • Since November 2023, 44 companies have won 85 public supply contracts for laboratory, optical and precision equipments (excl. glasses) in Cyprus, in 47 award notices from 11 public buyers.
  • 75.3% of these awards went to companies registered in Cyprus; the most frequent foreign origin is Greece.
  • The five companies that win most often hold 38.8% of all awards.
  • 27.3% of the awards whose notice states the number of tenders received a single bid.

In proportion

All public purchasing in Cyprus — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €3.96 billion in 2025, 10.3% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)

How to cite: Cresques, "Laboratory, optical and precision equipments (excl. glasses) market in Cyprus", https://cresques.com/markets/cy/380-laboratory-optical-and-precision-equipments-excl-g, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.

Winning companies
44
since November 2023
Award notices
47
on TED
Public buyers
11
hospitals, schools, agencies
Imports
—
no customs heading isolates this category

The market in numbers

Public supply contracts in Cyprus: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
85
in 47 award notices
Awarded value
€16.7M
from 78% of awards with a published value
Winning companies
44
with at least one award
Public buyers
11
hospitals, cities, agencies
Contracts awarded by year
Contracts awarded by year2024: 7720242025: 353520252026: 43432026
Table view
Contracts awarded by year
20247
202535
202643
Awarded value by year (EUR)
Awarded value by year (EUR)2024: €2.3M€2.3M20242025: €5.4M€5.4M20252026: €9M€9M2026
Table view
Awarded value by year (EUR)
2024€2.3M
2025€5.4M
2026€9M
Who buys: contracts by buyer sector
  1. Universities, schools and research: 61
  2. Hospitals and health services: 20
  3. Cities, regions and central administration: 3
  4. Armed forces and defence agencies: 1
Table view
Who buys: contracts by buyer sector
Universities, schools and research61
Hospitals and health services20
Cities, regions and central administration3
Armed forces and defence agencies1
Where the buyers are (NUTS 2 region)
  1. Kýpros85
    CY00
    Kýpros: 85
Table view
Where the buyers are (NUTS 2 region)
Kýpros85
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Medium-sized 27.1%, Small 1.2%, SME (size not stated) 22.4%, Size not stated 49.4%Medium-sized: 23 (27.1%)27%Small: 1 (1.2%)SME (size not stated): 19 (22.4%)22%Size not stated: 42 (49.4%)49%
  • Medium-sized
  • Small
  • SME (size not stated)
  • Size not stated
Table view
Who wins, by company size as declared in the notice
Medium-sized23 · 27.1%
Small1 · 1.2%
SME (size not stated)19 · 22.4%
Size not stated42 · 49.4%
Foreign winners: where they are registered
  1. Greece11
    Greece: 11
  2. France2
    France: 2
  3. Germany2
    Germany: 2
  4. Austria1
    Austria: 1
  5. Switzerland1
    Switzerland: 1
  6. Denmark1
    Denmark: 1
Table view
Foreign winners: where they are registered
Greece11
France2
Germany2
Austria1
Switzerland1
Denmark1
Where the buyers are (city)
  1. Λευκωσία62
    Λευκωσία: 62
  2. Λεμεσός21
    Λεμεσός: 21
  3. Λάρνακα1
    Λάρνακα: 1
  4. Αγλαντζιά, Λευκωσία1
    Αγλαντζιά, Λευκωσία: 1
Table view
Where the buyers are (city)
Λευκωσία62
Λεμεσός21
Λάρνακα1
Αγλαντζιά, Λευκωσία1

Awards to companies registered in Cyprus

75.3%

Awards to companies registered in Cyprus: 75.3%

21 awards went to companies registered elsewhere.

Share of the 5 biggest winners

38.8%

Share of the 5 biggest winners: 38.8%

Of all awards; a high share means a concentrated market.

Lots with a single bid

27.3%

Lots with a single bid: 27.3%

Among 66 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The same category across Europe: all 30 countries compared →

Among the companies that win most often

  1. Xenocs SAS14 public contracts in total

Where this industry meets in Cyprus

All trade fairs and congresses of this industry →

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Which of these 44 companies could distribute your product?

A Cresques market map of Cyprus for this category shows the companies that win these contracts: how often, for how many buyers and for how much, and whether the leading ones are distributors or manufacturers.

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Questions

Who wins public contracts for laboratory, optical and precision equipments (excl. glasses) in Cyprus?
44 companies won 47 contract award notices for these categories from 11 public buyers in Cyprus since November 2023. The companies that win most often are Xenocs SAS.
How big is the laboratory, optical and precision equipments (excl. glasses) market in Cyprus?
In 2025, public buyers in Cyprus awarded 35 supply contracts for laboratory, optical and precision equipments (excl. glasses) through award notices on TED; the 16 of them that state a value (45.7%) add up to €5.44 million, a floor rather than the full contract value.
Where do suppliers of laboratory, optical and precision equipments (excl. glasses) meet buyers and distributors in Cyprus?
At trade fairs and congresses such as analytica China, BioFIT, SLAS International Conference & Exhibition, BIO-Europe Spring, Pittcon, ISPE Europe Annual Conference — each checked on the organiser's official website.
How do I find a distributor for laboratory, optical and precision equipments (excl. glasses) in Cyprus?
Create a free Cresques account and open the market map for Cyprus and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.

Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); no import figure: Eurostat's customs headings do not isolate this category.