Press release
Lab Automation Market to Hit USD 9.67 Bn. by 2029: Competitive Landscape, New opportunities, Dynamics and Regional Insights
Lab Automation Market
Lab Automation Market Report Scope and Research Methodology
The report offers an overview of the Lab Automation Market share and rival sectors, as well as an analysis of the major vendors and leading regions. The report includes the historical trends, revenue, capacity, cost structure and major drivers of Lab Automation. The report provides the Lab Automation market's present size, growth rates, and company profiles of the top players and producers.
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The report covers Lab Automation market size and analysis for applications, economic factors, and geographic divisions in addition to a complete investigation of important market characteristics. The bottom-up approach was employed to estimate the Lab Automation market size by value and volume. An in-depth analysis of the regional environment is included, along with information on the potential, important growth indicators, geographical challenges, and threats facing the Lab Automation market.
Technological advancements and increasing research and development activities drive the Lab Automation Market
Increasing incorporation of technology in the pharmaceuticals and biotechnologies industries is expected to drive the Lab Automation Market. During the forecast period, Lab Automation Market growth is expected to be driven by increasing demand for laboratory automation, rising expenditure on automation tools and equipment, rising benefits provided by laboratory automation and eliminating human error.
The increasing demand for process automation for food safety and stringent regulatory control in the healthcare sector are also expected to contributor to the Lab Automation Market. This growth, however, is expected to be restrained by high initial investment costs and slow adoption of automation by laboratories.
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North American region dominates the global Lab Automation Market
In 2021, North America dominated the global Lab Automation Market holding a market share of 37.3 percent and is expected to maintain its dominance over the forecast period. The regional Lab Automation Market is expected to be driven by increasing demand for integrating laboratory systems, heavy government funding for research and development and adoption of modern technologies. United States is the major contributor to the regional growth of the North American Lab Automation Market due to the existence of the enormous healthcare infrastructure and the various automation solution vendors.
During the forecast period, Asia pacific region is expected to grow at the fastest CAGR of 9.92 in the global Lab Automation Market. Increasing investment in the biotechnology sector, rising the number of research activities, increasing adoption of cutting-edge lab atomization technologies and increasing demand for the industry for authorization, are the expected growth drivers for the Lab Automation Market.
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Lab Automation Market Segmentation
By Product
Equipment's
Automated Workstations
Robotic Systems
Microplate readers
Others
Software & Informatics
Workstations automation software
Laboratory Information Management System (LIMS)
Scientific Data management system
Electronic Laboratory notebook
By Type
Total Automation Systems
Modular Automation Systems
By Application
Clinical Chemistry Analysis
Photometry & Fluorometry
Immunoassay Analysis
Electrolyte Analysis
Other end-uses
By End-User
Biotechnology & Pharmaceutical
Research Institutes
Hospitals & Private Labs
Forensic Laboratories
Others
Lab Automation Market Key Players include:
Tecan Group Ltd
Thermo Fisher Scientific Inc
Danaher Corporation
Hamilton
Hoffmann-La Roche Ltd.
Qiagen N.V.
Abbott Laboratories
Siemens AG
PerkinElmer Inc.
Agilent Technologies, Inc.
bioMerieux
Eppendorf
Bruker
Avantor
Smiths Group
Corning
Agilent
Roche
Bio-Rad
Gilson
Eppendorf
Beckman Coulter Life Sciences
PerkinElmer
Analytik Jena
VWR International
Shimadzu
SCIEX
HORIBA
Heska Corporation
Table of for Global Lab Automation Market:
Global Lab Automation Market: Research Methodology
Global Lab Automation Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Lab Automation Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Lab Automation Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End-User (2021-2029)
Regional Global Lab Automation Market(2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region]
Market Segmentation - A detailed analysis of the Type, Product, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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