Lab Automation Market Size, Growth Analysis, Industry Insights, Report 2024-2031 | Tecan Group, Siemens Health Care, Roche Holding AG, Perklinelmer Inc

Lab Automation Market is expected to grow at a CAGR of 8.0% during the forecast period 2024-2031.

Lab Automation Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Laboratory automation enhances the development and optimization of technologies that improve and streamline laboratory processes. It is widely applied across various fields, including proteomics and systems biology.

A laboratory automation system comprises automated instruments, software, and devices that offer numerous advantages, such as reduced cycle times, increased productivity, enhanced workflow efficiency, and improved data quality. These systems facilitate seamless execution of lab procedures, including decapping, centrifugation, aliquoting, recapping, and sorting, among others, ensuring greater accuracy and efficiency in laboratory operations.

List of the Key Players in the Lab Automation Market: Thermo Fischer Scientific, Tecan Group, Siemens Health Care, Roche Holding AG, Qiagen NV, Perklinelmer Inc., Hamilton Robotics Inc., Agilent Technologies, and Beckman Coulter Inc.

Industry Development:

On 2nd May 2018, Agilent Technologies have entered into a definitive agreement to acquire Genohm, a developer of software solutions for laboratory management. Genohm's main laboratory software automation suite, SLIMS, gives an information management system, LIMS along with an electronic lab notebook environment, EIN which are used in bio-banks, research labs, and next-gen sequencing facilities.

On 8th August 2018, Roche Diagnostics has launched VENTANA DP 200, a high-speed slide scanner used for digital pathology. The DP 200 has received approval from the Ministry of Food and Drug Safety. The product has a tray-type design that does not need slides to be moved directly, reducing scan errors and adding stability to equipment operation.

Growth Forecast Projected:

The Global Lab Automation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Lab Automation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Lab Automation Market:

By Product Type (Automated Liquid Handling Systems, Microplate readers, Automated Storage and Retrieval Systems and Others)

By Application (Drug Discovery, Clinical Discovery, Clinical Diagnostics, Genomics Solutions)

By End-User (Pharma and Biotech Companies, Diagnostic Laboratories)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Lab Automation Market:

The regional analysis of the Lab Automation Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Lab Automation market?

➠ Who are the leading manufacturers in the global Lab Automation industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Lab Automation industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Lab Automation market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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