Press release
Global Laboratory Automation Equipment Market Current Insights, Regional Developments, Demand, and Forecast | Siemens Healthineers, Roche, Beckman Coulter, BD, IDS
Laboratory automation is a multidisciplinary, cutting-edge strategy utilised in the lab to boost output, shorten turnaround times, and improve process efficiency. Due to technical developments in laboratory equipment and a rise in the usage of automated laboratory equipment in pharmaceutical and R&D organisations, the laboratory automation market is predicted to increase over the forecast period. Increased demand for miniature process equipment also contributes to the market's expansion. But a hefty initial outlay prevents the market from expanding.One of the key elements projected to accelerate market expansion in the near future is the increase in benefits provided by lab automation. A paradigm change to lab automation from fully manual intervention has various benefits for clinical laboratories. Increased productivity, dependable outcomes, secure working conditions, and significant cost, time, and space savings from testing are just a few of the primary benefits. Lab automation makes it easier to use lab equipment for repetitive operations like labelling tubes and sample verifications. It also helps to lessen the physical strain that manual tasks generate, which lowers expenses and frees up lab space. Therefore, it is anticipated that many benefits provided by automated systems would motivate small and large laboratories to use these workstations in the near future.
Global Laboratory Automation Equipment size is expected to expand at a compound annual growth rate (CAGR) of 8.1% from 2021 to 2028.
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In the near future, market growth is anticipated to be fueled by an increase in the number of applications for lab automation. Automation has recently been used in a variety of ways to modernise laboratory procedures that were previously handled manually. Automated chemistry, synthetic biology, the creation of cell lines, genomics, cellular tests, and drug discovery are a few of these applications. As a result, it is projected that the adoption of lab automation will expand during the forecast period as the number of clinical applications for automated laboratory instruments rises.
Global Laboratory Automation Equipment Market: By Key Players
• Qiagen N.V.
• PerkinElmer Inc.
• Thermo Fisher Scientific, Inc.
• Siemens Healthineers
• Danaher Corporation
• Agilent Technologies, Inc.
• Bio Tek Instruments, Inc.
• Eppendorf AG
• Hudson Robotics
• Aurora Biomed Inc.
• BMG LABTECH GMBH
• Tecan Group Ltd.
• Hamilton Company
• F. Hoffmann-La Roche
Global Laboratory Automation Equipment Market: By Types
• Total Automation Systems
• Modular Automation Systems
• Separate Automation Equipment
Global Laboratory Automation Equipment Market: By Applications
• Drug Discovery
• Clinical Diagnostics
• Genomics Solutions
• Proteomics Solutions
By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• The middle East and Africa
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Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Laboratory Automation Equipment market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Laboratory Automation Equipment would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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