The lab automation market is expected to grow at 6.6% CAGR from 2022 to 2029. It is expected to reach above USD 10.17 billion by 2029 from USD 5.16 billion in 2020.
The Global “Lab Automation Market” is the topic of a comprehensive 2023 research report that researches into every aspect of the industry, from regional segments and key manufacturers to product type and applications. The report utilizes a challenging research methodology and statistical analysis techniques, including market breakdown and data triangulation, to provide consistent and accurate market evaluations and forecasts that extend all the way to 2029. Additionally, the report offers a straightforward context for assessing and evaluating the position of key manufacturers operating in this industry. Moreover, it sheds light on the competitive landscape of the global market by providing details on market share, product offerings, and active status of key market players.
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Market Overview
The integration of technology in the laboratory to optimise and enable new and more efficient procedures is referred to as laboratory automation. Laboratory automation contributes to improved accuracy, quality, and standardisation in clinical, nonclinical, and industrial contexts. Adoption of laboratory automation enhances the quality of experimental data while also assisting in the reduction of overall lab process times, resulting in greater productivity. A laboratory automation system is made up of several components, including machine vision, conveyor systems, robotics, and computer hardware and software.
In order for laboratories to remain competitive in today’s market, lab automation is becoming a more viable alternative and a necessary system. Modern automation systems eliminate the need for researchers to do repeated work.
Lab Automation Market Segmentation by Manufacturers, this report covers: Thermo Fisher Scientific, Tecan Group, Danaher Corporation, Agilent Technologies, F. Hoffmann-La Roche, PerkinElmer, Eppendorf, Becton, Dickinson and Company, Waters Corporation, Siemens Healthineers, Abbott Laboratories, bioMérieux, Endress+Hauser Group, Hamilton Company, and Hudson Robotics, and others.
Recent Developments
In June 2022, BD announced that it had successfully acquired privately held Straub Medical AG. The company has expanded its product line and gained the valuable expertise and experience of Straub Medical AG through this acquisition.
QIAGEN announced in January 2022 that it has established collaborations with Atlia Biosystems to provide non-invasive prenatal testing solutions.
The Lab Automation Market report also splitting the market by region: United States, Americas, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East and Africa.
Key Segments
Lab Automation Market by Application, 2020-2029, (USD Billion)
Drug Discovery
ADME Screening
High Throughput Screening
Compound Management
Compound Weighing And Dissolution
Other Drug Discovery Application
Diagnostics
Pre-Analytics/Sample Preparation
Sample Distribution, Splitting and Archiving
EIA
Genomic Solutions
Proteomics Solutions
Microbiology
Other Applications
Lab Automation Market by End User, 2020-2029, (USD Billion)
Biotechnology And Pharmaceutical Companies
Hospital And Diagnostic Laboratories
Research And Academic Institutes
Forensic Laboratories
Environmental And Testing Laboratories
Food And Beverage Industry
Key Reasons to Purchase:
- To comprehend the outlook and prospects for the market.
- The definition, applications, and classifications in the report provide an in-depth insight of the market.
- The study includes the SWOT analysis and business plans of each player in the industry.
- The provides in-depth analyses of current market trends, trend forecasts, and growth factors.
- The study offers a thorough analysis of the vendor landscape, a competitive landscape analysis, and significant market strategies.
Detailed TOC of Global Lab Automation Market Growth (Status and Outlook) 2029
Table Of Contents
- Executive Summary
- Lab Automation Market Characteristics
- Lab Automation Market Trends and Strategies
- Lab Automation Market – Macro Economic Scenario
4.1. COVID-19 Impact On Lab Automation Market
4.2. Ukraine-Russia War Impact on Lab Automation Market
4.3. Impact Of High Inflation On Lab Automation Market
- Lab Automation Market Size And Growth
5.1. Global Lab Automation Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Lab Automation Forecast Market, 2022-2029F, 2029F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
- Lab Automation Market Segmentation
6.1. Global Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2029
6.2. Global Market, Segmentation By type, Historic and Forecast, 2017-2022, 2022-2029
6.3. Global Lab Automation Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2029
6.4. Global Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2029F, 2029F, $ Billion
- Lab Automation Market Regional And Country Analysis
7.1. Global Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2029
7.2. Global Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2029
- Lab Automation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Lab Automation Market
- Market Future Outlook and Potential Analysis
- Appendix
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