Lab Automation Market Insights and Forecast Report, 2017-2024

Global Lab Automation Market, By Equipment (Automated Liquid Handlers, Automated Plate Handlers, Robotic Arm, Automated Storage & Retrieval Systems), By Software (Laboratory Information Management System, Laboratory Information System, Chromatography Data System, Electronic Lab Notebook, Scientific Data Management System), By Analyzer (Biochemistry Analyzers, Immuno-based Analyzers, Hematology Analyzers), By Application (Drug Discovery, Genomics, Proteomics, Protein engineering, Bio Analysis, Analytical Chemistry, System Biology, Clinical Diagnostics, Lyophilization), By End-User (Biotechnology & Pharmaceuticals, Hospitals, Research Institutions, Academics, Private Labs), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Market Analysis: Global Lab Automation Market

The lab automation market accounted to USD 5.8 billion in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major market drivers and restraints:

• Increased adoption of miniaturization process resulting in low reagent cost and high productivity
• Increased government funding for the development of biotech and drug discovery research
• Increasing drug discovery and clinical diagnostics
• High initial investments
• Compatibility and portability issues resulting in reduced adoption of lab automation in small laboratories

Market Segmentation: Global Lab Automation Market

By Equipment the market for lab automation is segmented into automated liquid handlers, automated plate handlers, robotic arm, automated storage and retrieval systems.

By software the lab automation market is segmented into laboratory information management system, laboratory information system, chromatography data system, electronic lab notebook, scientific data management system.'

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On the basis of analyzer the market is segmented into biochemistry analyzers, immuno-based analyzers, hematology analyzers segments. By application the segmentation of the market is drug discovery, genomics, proteomics, protein engineering, bio analysis, analytical chemistry, system biology, clinical diagnostics, lyophilization. Based on end user the lab automation market is segmented into biotechnology & pharmaceuticals, hospitals, research institutions, academics, private labs.

On the basis of geography, lab automation market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.

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Major Market Competitors: Global Lab Automation Market

Some of the major players operating in lab automation market are Tecan Group Ltd., Perkinelmer, Inc., Danaher Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Qiagen N.V., Roche Holding AG, Siemens AG, Hamilton Robotics, Inc., Biomérieux SA among others.

Research Methodology: Global Lab Automation Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request analyst call or drop down your enquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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