Press release
Lab Automation Market (COVID - 19 Updates) 2020 to See Stunning Growth Worldwide, Leading Players -Tecan Group Ltd., Perkinelmer, Inc., Danaher Corporation, Thermo Fisher Scientific, Inc.
Lab Automation Market
Global Lab Automation Market is expected to rise from its initial estimated value of USD 5.3 billion in 2018 to an estimated value of USD 8.4 billion by 2026 registering a CAGR of 5.8%. The upcoming market report contains data for historic year 2017, 2016, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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The Global Lab Automation Market report helps in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. This Global Lab Automation Market research report comprises of different industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. It helps companies to take decisive actions to deal with threats in the niche market. The Global Lab Automation Market report presents actionable market insights with which businesses can settle on sustainable and lucrative strategies.
Major Market Competitors:
Some of the major players operating in lab automation market are Tecan Group Ltd., Perkinelmer, Inc., Danaher Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Qiagen N.V., Roche Holding AG, Siemens AG, Hamilton Robotics, Inc., Biomerieux SA among others.
This lab automation market research report has several benefits which can be projected to varied aspects of medical device industry. This lab automation market report takes into account diverse segments of the market analysis that today’s business ask for. In this report, market is segmented based on mainly type, application, and region. The report includes market analysis based on regional as well as global level. Moreover, this lab automation report serves the purpose of validating the information that has been gathered through internal or primary research. The report describes estimations of CAGR values, market drivers and market restraints about the medical device industry which are helpful for businesses in deciding upon numerous strategies.
Drivers: Lab Automation Market
Increase in R&D expenditure by pharmaceutical and biopharmaceutical companies
Increasing geriatric population
Restraints:
High cost of laboratory equipment & software
Opportunities:
Technological advancements in lab automation
Strategic initiatives by market players
Challenge:
Shortage of skilled labour
Major Market Drivers and Restraints:
Increased adoption of miniaturization process resulting in low reagent cost and high productivity
Increased government funding for the development of biotech and drug discovery research
Increasing drug discovery and clinical diagnostics
High initial investments
Compatibility and portability issues resulting in reduced adoption of lab automation in small laboratories
Major Topics Covered in this Report:
Study Coverage
Executive Summary
Market Size by Manufacturers
Market Size by Type
Market Size by Application
Manufacturers Profiles
Production Forecasts
Consumption Forecast
Upstream, Industry Chain and Downstream Customers Analysis
Opportunities & Challenges, Threat and Affecting Factors
Key Findings
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Market Segmentation: Lab Automation Market
By Equipment
(Automated Liquid Handlers, Automated Plate Handlers, Robotic Arm, Automated Storage & Retrieval Systems),
Software
(Laboratory Information Management System, Laboratory Information System, Chromatography Data System, Electronic Lab Notebook, Scientific Data Management System),
Analyzer
(Biochemistry Analyzers, Immuno-based Analyzers, Hematology Analyzers),
Application
(Drug Discovery, Genomics, Proteomics, Protein engineering, Bio Analysis, Analytical Chemistry, System Biology, Clinical Diagnostics, Lyophilization),
End-User
(Biotechnology & Pharmaceuticals, Hospitals, Research Institutions, Academics, Private Labs),
Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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