openPR Logo
Press release

Lab Automation Market, by Product Type (Automated Liquid Handling System, Micro plate Reader, Automated Storage and Retrieval System, Automated ELISA System, Automated Nucleic acid purification system, Robotic system, Software, Others),

07-09-2018 04:07 PM CET | IT, New Media & Software

Press release from: CMI - Market Research

Lab Automation Market, by Product Type (Automated Liquid

The Lab Automation Market by Product Type (Automated Liquid Handling System, Micro plate Reader, Automated Storage and Retrieval System, Automated ELISA System, Automated Nucleic acid purification system, Robotic system, Software, and Others), by Application (Drug Discovery, Clinical Diagnostics, Genomics, Proteomics, Cell Biology, and Other Applications) By End User (Pharmaceutical and Biotechnology Companies, Diagnostics Laboratories, and Research and Academic Institutions) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) was valued at US$ 5,218.3 million in 2016 and is projected to exhibit a CAGR of 4.8% over the forecast period (2017 – 2025), as highlighted in a new report published by Coherent Market Insights. Increasing application of the lab automation equipment in genomics for diagnostics and treatment of various diseases is propelling market growth.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1334

Genomics involves gene mapping and gene editing procedures, which require integrated automated workflow solution of lab automation equipment. For instance, DNA testing is emerging as noninvasive screening technique for early cancer detection, new gene editing technique such as CRISPR-Cas9 would further take genomics at new heights supported by lab automation systems. Personalized medicine for treatment of various diseases are expected to gain a significant traction in near future, which in turn is expected to drive growth of the lab automation market. Companies are offering integrated solutions to private and public research institutes. For instance, in June 2017, DiaSorin and Tecan Group announced the collaboration, under which DiaSorin will make use of Tecan's Fluent Laboratory Automation Solution as Nucleic Acid extraction platform. In January 2018, Hamilton developed a method for automating the library preparation of SOPHiA GENETICS’ CE-IVD marked hereditary cancer solution application in an advanced and flexible way through microlet automated workflow system, which reduces the challenges associated with manual sample preparation further standardizing the process and minimizing human intervention.

Browse 48 Market Data Tables and 35 Figures spread through 195 Pages and in-depth TOC on Lab Automation Market by Product Type (Automated Liquid Handling System, Micro plate Reader, Automated Storage and Retrieval System, Automated ELISA System, Automated Nucleic acid purification system, Robotic system, Software, Others), By Application (Drug Discovery, Clinical Diagnostics, Genomics, Proteomics, Cell Biology and Other Applications) By End User (Pharmaceutical And Biotechnology Companies, Diagnostics Laboratories, Research and Academic Institutions) and by Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) - Global Forecast to 2025

Request Sample Copy Of This Report: https://www.coherentmarketinsights.com/insight/request-sample/1334

Market players are focused on acquiring the competitors or small segments of their business in order to strengthen their position in market. For instance, Tecan Group ltd. acquired Sias AG in 2015, a company operating in modular and complete lab automation solutions, this acquisition resulted in increasing revenue and profit in first quarter of 2016. Companies are also focusing on launching new products, adding new features in existing products or integrating different automated systems to produce high quality results. For instance, Thermo Fisher Scientific presented new product Inspire in February 2018, which is vertical modular robotic platform, designed to integrate multiple instruments such as robotic system, software and microplate that streamlines workflow and speed up the operations. It also launched the Cytomat Skyline, which is microplate storage and sequential delivery device introduced to address the high throughput needs of pharmaceutical and biotechnology laboratories, such device can hold up to 728 microplates and/or lids in 14-stackers and it can provide access to this plates in just 12 seconds.

Key Takeaways of the Lab Automation Market:

The global lab automation market is expected to exhibit a CAGR of 4.8% over the forecast period (2017 – 2025), owing to high investment in drug discovery by pharmaceutical companies, increased research in genomics and proteomics, and diagnostics growth.

North America is expected to continue dominance during the forecast period (2017 - 2025), due to robust research infrastructure both in academic and commercial space and high investment by stakeholders in making labs efficient.

The market is expected to witness multiple product launches in recent years and the trend is expected to continue during the forecast period.

Mergers/acquisitions and collaborations and new product launches are major focus of leading companies in this field.

Major players operating in the global lab automation market include Tecan Group Ltd, PerkinElmer Inc., Beckman Coulter Inc., Thermo Fisher Scientific, Agilent Technologies Inc., Hamilton Robotics, Abbot Diagnostics Inc., Eppendorf Inc., QIAGEN, Roche Diagnostics Inc., and Siemens Healthineers.

Ask for customization: https://www.coherentmarketinsights.com/insight/request-customization/1334

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

1001 4th Ave,, #3200, Seattle, WA 98154
#3200

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lab Automation Market, by Product Type (Automated Liquid Handling System, Micro plate Reader, Automated Storage and Retrieval System, Automated ELISA System, Automated Nucleic acid purification system, Robotic system, Software, Others), here

News-ID: 1116412 • Views:

More Releases from CMI - Market Research

Microscopy Devices Market Set to Boom with Emerging Opportunities During 2025-2032 | Danaher Corporation, Olympus Corporation
Microscopy Devices Market Set to Boom with Emerging Opportunities During 2025-20 …
Overview The "Microscopy Devices Market 2025 Forecast to 2032" report delivers precise global, regional, and country-level insights backed by reliable economic analysis. It presents a clear view of the competitive environment and includes a detailed supply chain study to help businesses anticipate shifts in industry practices. The study also assesses the present market scenario of the Microscopy Devices industry and outlines future growth prospects, technological developments, investment opportunities, and financial outlook.
Dental Braces Market - Industry Insights, Size, Share, Growth, Analysis, Trends and Forecasts To 2026
Dental Braces Market - Industry Insights, Size, Share, Growth, Analysis, Trends …
Dental braces are commonly used in orthodontic treatment to improve an individual’s orofacial appearance. Malocclusions (tooth overcrowding or crooked teeth), overbites, deep bites, cross bites, under bites, and incorrect jaw positions are some of the conditions that affect the orofacial appearance and other orthodontic problems. Malocclusions often lead to lack of confidence in a person. Increasing number of cases of malocclusions, jaw disease, jaw pain, tooth decay, and tooth loss
Colon and Rectal Cancer Drugs Market – Industry Size, Growth, outlook and Analysis, 2018–2026
Colon and Rectal Cancer Drugs Market – Industry Size, Growth, outlook and Anal …
Colon and rectal cancer are often grouped together, as they have many common features. Rate of colorectal cancer is increasing among the millennials in the U.S. The American Cancer Society (ACS) estimates that there will be around 97,220 new cases of colon cancer and around 43,030 new cases of rectal cancer registered in the U.S. in 2018. Moreover, owing to increasing risk of colorectal cancer, in May 2018, ACS updated
Clostridium Difficile Infection Treatment Market Growth, Size, Trends and Analysis, 2018-2026
Clostridium Difficile Infection Treatment Market Growth, Size, Trends and Analys …
Clostridium difficile, which produces gram-positive bacterium, is an anaerobic toxin that gets transmitted through fecal-oral route. Clostridium difficile infection occurs during antibiotic treatment or can be caused due to healthcare associated infection with clinical manifestation ranging from asymptomatic infection to watery diarrhea or serious intestinal condition such as colitis and colonic perforation. This infection can be diagnosed by enzyme immunoassays for toxins or Clostridium difficile glutamate dehydrogenase (GDH) and nucleic

All 5 Releases


More Releases for Automated

Automated Fiber Placements And Automated Tape Laying (AFP- ATL) Machines Market …
According to Market Research Intellect, the global Automated Fiber Placements And Automated Tape Laying (AFP- ATL) Machines market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The market for automated tape laying (ATL) and automated fiber
Ace Automated Gates | Austin Enhances Security with Premium Automated Gate Solut …
Ace Automated Gates | Austin enhances property security with premium automated gate solutions. Specializing in gate installation, repair, and advanced access control systems, they provide high-quality electric and motorized gates for residential and commercial properties. Offering expert craftsmanship and durable materials, they ensure long-lasting security and convenience. Austin, TX - Home and business owners seeking enhanced security, convenience, and style can now rely on Ace Automated Gates | Austin [https://aceautomatedgatesaustin.com/] for
Automated Autoinjectors Market
The "Automated Autoinjectors Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Automated Autoinjectors Market, 2024-2031 Verified Market Research's most recent report, "Automated Autoinjectors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination
Automated Journalism Market All Sets for Continued Outperformance: Automated Ins …
HTF MI introduces new research on Automated Journalism covering the micro level of analysis by competitors and key business segments (2024-2030). The Automated Journalism explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled
Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market …
Automated fiber placement and automated tape laying machines are used for the fabrication of composites parts used in aerospace and defense industries. These machines help in precisely placing fiber tapes, tows and sheets on molds or cores to manufacture composite parts with high strength and lightweight properties. Market Dynamics: Increasing demand from aerospace and defense industry is one of the major factors estimated to boost the growth of the AFP- ATL machines
Automated Microbiology Market - Efficiency Meets Accuracy: Redefining Microbiolo …
Newark, New Castle, USA: The "Automated Microbiology Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Automated Microbiology Market: https://www.growthplusreports.com/report/automated-microbiology-market/7801 This latest report researches the industry structure, sales, revenue,