United States Laboratory Automation Market Value to Reach US$ 3,619 Million by 2027

According to the recent report by IMARC Group, titled "United States Laboratory Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The United States laboratory automation market size reached US$ 2,365 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,619 Million by 2027, exhibiting a growth rate (CAGR) of 7.23% during 2022-2027.

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Laboratory automation involves the usage of any software, device, or process in laboratories for scientific research. It may require a combination of conveyor systems, robots, computer hardware and software, and mechanical systems to operate in an automated method. Laboratory automation requires minimal human intervention, improves the safety as well as the accuracy of work, and minimizes the overall time involvement. Moreover, it offers a real-time analysis that eliminates human errors, thereby reducing the workload. As a result, several organizations in the United States are adopting laboratory automation solutions to boost their profit returns, maximize efficiency, and improve testing capacity.

United States Laboratory Automation Market Trends:

Major pharmaceutical companies like Johnson & Johnson, Pfizer, Novartis, and GlaxoSmithKline have a strong foothold in the United States. Moreover, it has the highest number of contract research organizations (CROs). Technological advancements in the pharmaceuticals and biomedicine fields have increased the incorporation of automated modular laboratories, thereby propelling the market growth. Apart from this, increasing biomedical research, clinical trials, and drug discovery activities have also provided a thrust to the growth of the market.

Furthermore, the outbreak of the coronavirus disease (COVID-19) has led to the incorporation of automated solutions in existing labs to eliminate human involvement and attenuate the risk of virus transmission during sample testing. This has significantly impacted the demand for automated solutions in the United States. Additionally, market players are innovating with their services. For instance, Beckman Coulter received clearance from the USFDA in October 2019 for the DxA 5000 lab automation system, which offers a consistent turnaround period and generates an automated patient-oriented workflow.

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Key Market Segmentation:

Breakup by Type:

• Modular Automation
• Whole Lab Automation

Breakup by Equipment and Software Type:

Automated Clinical Laboratory Systems:

• Workstations
• LIMS (Laboratory Information Management Systems)
• Sample Transport Systems
• Specimen Handling Systems
• Storage Retrieval Systems

Automated Drug Discovery Laboratory Systems:

• Plate Readers
• Automated Liquid Handling Systems
• LIMS (Laboratory Information Management Systems)
• Robotic Systems
• Storage Retrieval Systems
• Dissolution Testing Systems

Breakup by End User:

• Biotechnology and Pharmaceutical Companies
• Hospitals and Diagnostic Laboratories
• Research and Academic Institutes

Breakup by Region:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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