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Lab Automation in Genomics Market Is Expected To Exhibit Significant Growth Over 2031

03-01-2024 10:42 AM CET | Health & Medicine

Press release from: Orion Market Research

Lab Automation in Genomics Market Is Expected To Exhibit

Global lab automation in the genomics market is anticipated to grow at a significant CAGR of 11.5% during the forecast period (2024-2031). The increasing digitalization of genomics has enabled it to find new applications across the life sciences from basic research to healthcare. The rise of next-generation sequencing (NGS) technologies is enabling DNA/RNA sequencing to take place more rapidly and on a much larger scale. However, to meet the ever-increasing demand for sequencing data, there is a need to reduce costs and further increase throughput which is fulfilled by the automation of labs for genomic sequencing.

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Looking towards the growing potential of lab automation in genomics, key players operating in this industry are taking leverage of this technology to increase outputs. For instance, in November 2023, Beckman Coulter Life Sciences and 10x Genomics, Inc. announced a new partnership to expand automation solutions for single-cell assay workflows. As part of the agreement, 10x Genomics plans to develop dedicated Chromium Single Cell kits to be used on a Biomek i7 Automated Liquid Handler by Beckman Coulter Life Sciences. This customized application will automate 10x Genomics single cell library preparation at high quality and large scale, resulting in finished libraries ready for sequencing.
Further, in July 2023, the Royal Marsden NHS Foundation Trust entered a partnership with Automata, an automation company powering life sciences labs, to double its genomic testing capacity through a new robotic sample processing platform. With support from Automata, it will introduce integrated automation for cancer sample testing, to speed up diagnosis of the disease and allow personalization of more cancer treatments. The installation of the new system will increase the hospitals' next-generation sequencing by around 2,000 tests each month, as well as expand the range of tests the specialist cancer center can carry out.

Market Coverage

• The market number available for - 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Equipment
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Thermo Fisher Scientific Inc., Danaher Corp. / Beckman Coulter, Hudson Robotics Inc., Becton, Dickinson and Company, and Synchron Lab Automation among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Lab Automation in Genomics Market Report Segment

By Equipment

• Automated Liquid Handler
• Automated Plate Handler
• Robotic Arms
• Automated Storage & Retrieval System
• Vision Systems

A full report of Lab Automation in Genomics Market available @ https://www.omrglobal.com/industry-reports/lab-automation-in-genomics-market

Lab Automation in Genomics Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Agilent Technologies, Inc.
• Beckman Coulter, Inc.
• Bio-Rad Laboratories, Inc.
• BMG LABTECH GmbH
• bioMérieux SA
• E & I Sales
• Eppendorf SE
• Gilson, Inc.
• Hamilton Bonaduz AG
• HighRes Biosolutions
• Hudson Robotics

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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