Lab Automation Market Outlook to 2025 - Tecan Trading AG, PerkinElmer, Danaher, Thermo Fisher Scientific, Agilent Technologies, Eppendorf AG., bioMérieux SA, F. Hoffmann-La Roche Ltd. and Siemens Ltd
Lab automation or Laboratory automation is a multi-disciplinary strategy to develop, research and optimize technologies in the clinical laboratory. The application of this technology in laboratories helps to achieve higher levels of performance in less time. Laboratory automation aids increasing productivity, reducing lab process cycle times, elevating experimental data quality, and enabling easy experimentation.
Moreover, the system includes development of the laboratory information (management) systems (LIS/LIMS) and improvement of pre- and post-analytic automation. The application of this technology in laboratories is to achieve higher levels of performance and eliminates human errors.
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Top Dominating Key Players:
1. Tecan Trading AG
2. PerkinElmer Inc.
4. Thermo Fisher Scientific
5. Agilent Technologies
6. Eppendorf AG.
7. bioMérieux SA
8. F. Hoffmann-La Roche Ltd.
9. Siemens Ltd.
The growth of global lab automation market can be attributed to high demand for lab automation equipment in clinical diagnostics & drug discovery and need for process miniaturization. Moreover, the other factors such as need for instruments, software and devices to increasing productivity and improved workflow coverage are likely to add novel opportunities for the global lab automations market over the forecast period.
On the basis of equipment, the market is segmented into automated workstations, microplate readers, robotic systems, off-the-shelf automated workcells, automated storage & retrieval systems (ASRS) and others. Based on software, the market is classified as laboratory execution systems (LES), laboratory information management systems (LIMS), electronic laboratory notebooks (ELN) and scientific data management systems (SDMS). By application, the market is segmented into clinical diagnostics, drug discovery, proteomics solutions, genomics solutions, microbiology solutions and others. Based on end user, the market is segmented into hospitals & diagnostic laboratories, biotechnology & pharmaceutical companies and research & academic institutes.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global lab automations based on equipment, software, application and end user. It also provides market size and forecast till 2025 for overall lab automations market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East &Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to dominate the lab automations market in the global arena due to the increasing adoption of lab automation devices & instruments and introduction of novel techniques in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next few years in the global lab automations market due to increasing number of laboratory procedures and rising availability of trained laboratory personnel in this region.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Lab Automation Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Lab Automation, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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