Robotic Arms in Laboratories Market is expected to register a CAGR close to 10.16% during 2018 – 2023 | Global Key Players – THERMO SCIENTIFIC, HUDSON ROBOTICS, TECAN GROUP, BECTON DICKINSON, SIEMENS HEALTHCARE

The global robotic arms in laboratories market is expected to grow at a CAGR of 10.16% during the forecast period of 2018-2023. The scope of this report is limited to the applications for which robotic arms in laboratories are used such as drug discovery, digital imaging, genomics & proteomics, clinical diagnostics, system biology, among others. The regions considered in the scope of the report include - North America, Europe, Asia-Pacific and the rest of the world.

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In research laboratories, applications that require flexibility, efficient use of space, and seamless integration of lab peripherals, are increasingly adopting robotic arms. The adoption has grown over the years with increased ease in programming the arms. Typical tasks performed by these robots are preparing samples, operating analytical equipment, and handling sample material.
Lab automation is the major growth driver for usage of robotic arms in laboratories while high initial set-up cost acts as an inhibitor. Apart from reducing mundane tasks, the robotic arms in laboratories market is also driven by the need for consistency in quality.

Key Developments in the Market
Aug 2017: Thermo Fisher Scientific launched Talos F200i S/TEM to deliver flexible and high-performance imaging.

The major players include –
THERMO SCIENTIFIC, HUDSON ROBOTICS, TECAN GROUP LTD, BECTON DICKINSON, SIEMENS HEALTHCARE, amongst others.

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Increase in Lab Automation Drives the Market
The primary goal of lab automation is to provide high quality and reliable information, which fulfills the industry needs. The use of manual systems hampers the data quality during transferring process. Presently, technological advancements and increasing pressure to deliver results have led to the use of automated systems in laboratories. The adoption rate of lab automation is growing due to its accuracy, advanced data management capacity, reduced repetitiveness, and ultimately reducing human intervention, thereby increasing throughput and accuracy.

Technological Innovations in Device Miniaturization and Increased Throughput to Drive Growth
Clinical research centers produce quantitative information for drug discovery, diagnostics, and research teams. This discipline has been greatly aided by technological advances, hence ensuring greater reliability and throughput. Robotic Arms used in laboratories are required to be simple, yet intuitive to use. Developments in this field have yielded a new class of devices that are rugged, reliable, fault tolerant and can interact with different systems. Robotic arms have transformed into general purpose devices that offer a wider range of features, for full and semi-automation of tasks in wet chemistry automation.
Softwares for the use of robots in lab automation are being developed to provide robustness and compatibility with existing applications. A wide range of robotic arms are available in the market suited to perform different applications. Thus, innovations in technology have provided compact systems to meet the requirements of the industry, thereby driving the growth of the market.

North America Holds the Largest Market Share
North America is the market leader followed by Europe and Asia-Pacific. The rise in the number of clinical or pre-clinical studies has pushed the demand for an efficient and cost-effective solution, required for the analysis of samples, thus propelling the growth of robotic arms in North America. There has also been a considerable increase in outsourcing of pharmaceutical manufacturing in this region. Moreover, there is a growing demand for better quality and efficiency in delivering patient-care services. Higher incidence of health issues, growing per-capita spending on pharmaceutical products, and growing elderly population are expected to influence the growth of robotic arms.

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This release was published on openPR.