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Lab Automation Market is Estimated to Grow at a CAGR of 4.9% within the forecast period of 2023-2030: Cognitive Market Research

02-10-2023 02:02 PM CET | Science & Education

Press release from: Cognitive Market Research

Lab Automation Market is Estimated to Grow at a CAGR of 4.9% within the forecast period of 2023-2030: Cognitive Market Research

Lab Automation Market is Estimated to Grow at a CAGR of 4.9% within the forecast period of 2023-2030: Cognitive Market Research

Market Overview:
- Laboratory automation is the combination of automated technologies in the laboratory to allow new and advanced processes. It is used as a strategy to research, develop, optimize, and capitalize on technologies in the laboratory. It is particularly used for automating laboratory procedures that require less human involvement and removing human error. Lab automation is used to provide more effective testing and diagnoses.

Summary:
• Global Lab Automation Market is Estimated to Grow at a CAGR of 4.9% within the forecast period of 2023-2030
• North America dominated the lab automation market and accounted for the largest revenue share in 2022
• Increasing technological advancements in laboratory equipment is anticipated to grow the global market.

To know more Lab Automation Market statistics click here: https://www.cognitivemarketresearch.com/lab-automation-market-report

Lab Automation Market Dynamics
- Rising technological improvements and increase in the usage of automated laboratory equipment in pharmaceutical and R&D institutions are the major factor that drives the growth of the global market. Furthermore, healthcare expenditure has become increased due to factors, such as the aging population, the incidence of chronic diseases, and rising drug prices, which offers the opportunity for the growth of the global market. However, automated lab setup requires a lot of time, effort, implementation, and approvals from government departments may hinder the growth of the global market.

Lab Automation Market Scope:
- By type, liquid handling product is anticipated to grow the target market with highest revenue share, due to the growing organic strategies such as product promotion by major market players.

- Component
• Hardware
• Software
• Services

- Technology
• Culler Facer Canceller
• Letter Sorter
• Flat Sorter
• Parcel Sorter

- Biotechnology & pharmaceutical industry segment is anticipated to grow the market with the highest revenue share. This is due to the presence of a large number of pharmaceutical companies worldwide with the increase in the adoption of robotics & laboratory automation.

- Competitive Analysis for Lab Automation Market: TECAN, PERKINELMER, THERMO FISHER SCIENTIFIC, AGILENT TECHNOLOGIES, DANAHER, QIAGEN, ROCHE, SIEMENS, EPPENDORF, BIOMERIEUX, ABBOTT LABORATORIES, HAMILTON ROBOTICS.

Get free sample pages of latest published Lab Automation Market 2023: https://www.cognitivemarketresearch.com/lab-automation-market-report

Regional Analysis:
- North America dominates the lab automation market and accounted for the largest revenue share The growth is attributed to the presence of a well-established healthcare infrastructure. Furthermore, Asia Pacific is expected to exhibit a significant growth rate during the forecast period. Rising demand for lab automation in developing countries, such as China and India is expected to grow the target market.

News:
Beckman Coulter, Inc announced the launch of the DXA 5000 Fit
- May 2021,
Beckman Coulter Inc announced the launch of the DXA 5000 Fit. The DXA 5000 Fit is a workflow automation solution made to fit into medium-sized labs that perform fewer than 5,000 tests per day. The DxA 5000 Fit may be purchased legally in the US as well as in the majority of European and Asian nations.

- May 2022,
Molecular Devices, LLC launched five pre-made work cells for ELISA workflows
Five pre-made work cells for ELISA workflows have been launched by Molecular Devices, LLC, which is one of the world's top suppliers of high-performance life science products. These work cells have five levels of automation, ranging from manual plate loading and advancement to fully automated operations.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Lab Automation Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Lab Automation Market Size 2018 - 2030, (USD Million)
• 3.2 Global Lab Automation Market: Snapshot
Chapter 4 Global Lab Automation Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Lab Automation Market by Product Type Segmentation Analysis (2018-2030)
Chapter 9 Global Lab Automation Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Lab Automation Market by End User Segmentation Analysis (2018-2030)
Chapter 11 Global Lab Automation Market by Automation Type Segmentation Analysis (2018-2030)
Chapter 12 Global Lab Automation Market Regional Analysis
Chapter 13 North America Lab Automation Market Outlook (2018 - 2030)
Chapter 14 Europe Lab Automation Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Lab Automation Market Outlook (2018 - 2030)
Chapter 16 Latin America Lab Automation Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Lab Automation Market Outlook (2018 - 2030)
Chapter 18 Research Findings
FULL TOC: https://www.cognitivemarketresearch.com/lab-automation-market-report#table_of_contents

Related report:
• Global Lab Automation in Genomics Market- https://www.cognitivemarketresearch.com/lab-automation-in-genomics-market-report
• Lab Automation Software Market- https://www.cognitivemarketresearch.com/lab-automation-software-market-report
• Lab Automation in Bioanalysis Market- https://www.cognitivemarketresearch.com/lab-automation-in-bioanalysis-market-report
• Postal Automation System Market- https://www.cognitivemarketresearch.com/postal-automation-systems-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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