Laboratory Automation Market Report, Industry Trends, Growth, Share, Size, Region and Forecast

Global Laboratory Automation Market Report, Trends, Growth and Forecast Till 2023

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Report Description

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Report Description and Highlights

Report Description

Laboratory Automation Market Report By Type (Modular Automation and Whole Lab Automation), End-User (Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories and Research and Academic Institutes), Equipment and Software Type, Region The global laboratory automation market has experienced a moderate growth over the past several years. This can be attributed to the numerous government initiatives coupled with advancements in automated systems.

Market Overview: The latest report by IMARC Group, entitled “Laboratory Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global laboratory automation market reached a value of US$ 4.3 Billion in 2017. Laboratory automation refers to the utilization of automated systems so as to increase the efficiency and effectiveness of scientific research in laboratories. These systems are generally an integration of robotics, computer hardware and software, conveyor systems, machine vision, etc. that aid in achieving standardized and real-time analysis as well as improving performance by eliminating human errors. Nowadays, the most advanced lab automation systems include immunoassay, hematology, hemostasis and chemistry testing along with pre- and post-analytical processing. On account of rising competition and demand for higher efficacy in both research and clinical labs, the demand for laboratory automation systems has increased in the recent years.

Report Description and Highlights

Report Description

Global Laboratory Automation Market Trends: Automated laboratory software has improved the productivity of testing solutions, enabling the lab teams to view history and track sample details anywhere at any time. Apart from this, several manufacturers have designed automated systems and software to improve workflow with decreased costs per test, reduced turnaround time, fewer errors and increased testing capacity. Moreover, the development of bench-top and standalone automated systems has facilitated the introduction of automation in smaller labs. Further, the governments of various countries are taking initiatives to enhance their laboratory research, in turn, creating a huge demand for laboratory automation. For instance, Genomics Research and Development Initiative (GRDI) by the government of Canada utilizes automated laboratory systems to increase test speed and minimize cost inputs. Owing to these factors, the market is projected to reach a value of US$ 5.9 Billion by 2023, exhibiting a CAGR of around 5% during 2018-2023.

Laboratory Automation Market Segmentation: Market Segmentation by Type • •

Modular Automation Whole Lab Automation

Market Forecast

Sample Figure: Global: Laboratory Automation Market Forecast: Sales Value (in Billion US$), 2018-2023

184.3

191.7

199.3

207.3

2018

2019

2020

2021

215.6

224.2

2022

2023

Market Segmentation

Report Description

On the basis of type, the market has been segmented into modular automation and whole lab automation.

Currently, modular automation is the most popular segment in the global laboratory automation market.

For more information, click here: https://www.imarcgroup.com/laboratory-automation-market Market Segmentation by Equipment and Software Type •

•

Automated Clinical Laboratory Systems o Workstations o LIMS (Laboratory Information Management Systems) o Sample Transport Systems o Specimen Handling Systems o Storage Retrievel Systems Automated Drug Discovery Laboratory Systems o Plate Readers o Automated Liquid Handling Systems o LIMS (Laboratory Information Management Systems) o Robotic Systems o Storage Retrievel Systems o Dissolution Testing Systems

Market Segmentation

Report Description

Based on equipment and software type, the market has been segregated into automated clinical and drug discovery laboratory systems. Amongst these, automated clinical laboratory systems dominate the market, accounting for the largest market share.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

Region-wise, North America is the leading market, holding the majority of the global share. This can be accredited to the rising number of research laboratories in the region which require an efficient and costeffective solution for sample analysis. Other major regions include Asia Pacific, Europe, Latin America, and Middle East and Africa.

Market Segmentation by End-User • •

Biotechnology and Pharmaceutical Companies Hospitals and Diagnostic Laboratories

Regional Segmentation

North America

Europ e

Asia- Pacific

Latin America

Middle East and Africa

Market Segmentation

Report Description •

Research and Academic Institutes

On the basis of end-user, biotechnology and pharmaceutical companies represent the biggest end-user segment in the global laboratory automation market. These companies are followed by hospitals and diagnostic laboratories, and research and academic institutes.

Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1061&flag=B Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • •

Danaher PerkinElmer Tecan Group Thermo Fisher Abbott Diagnostics Agilent Technologies Aurora Biomed Becton, Dickinson and Company

Market Segmentation

Report Description • • • • • • • • • • • •

BioMérieux Biotek Instruments Brooks Automation Cerner Eppendorf Hamilton Storage Technologies LabVantage Solutions Labware Olympus Qiagen Roche Holding Siemens Healthcare

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Partial List of Clients world's leading corporates, governments, and A partial List of our Clients institutions

We are the trusted business partners to the

Partial Listworld's of Clients leading corporates, governments, and

A partial List of our Clients

institutions

Report Description and Highlights

Report Description

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