Global Lab Automation Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

Lab automation is total automation system in lab to perform the high respective task. It consolidate control of different analytical instrument, with small number of operators that reducing the cost of laboratory testing. These robotic products or lab automation are offered in modified form, according to the need of specific researcher or laboratories. Lab automation becomes vital in laboratories for handling high volumes of sample at faster rate by offering smooth solution to lab procedures such as centrifugation, decapping, aliquoting, sorting and recapping among others. The Global Laboratory Automation Market size was accounted at USD 5529.2 million in 2020, and is expected to reach USD 10281.9 million by 2030, registering a CAGR of 6.4%.
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Market Dynamics and Factors:
Rise in hospital with advanced laboratory system, improvement in healthcare, advanced medical facilities, rise in R&D sector are the main drivers of the lab automation market. Moreover, growing drugs development, and pharmaceutical infrastructure help market to grow. Advantages of lab automation are high productivity and low regent cost, accuracy, and reproducibility. Further, these benefits are also raving up the demand of lab automation in various sectors. Additionally, increase in the aging population along with growing number of diagnostic test performed in laboratories is boosting the lab automation market. Higher cost of laboratory automation system may hamper the lab automation market growth. Growing awareness about laboratory automation and leading manufactures expanding their presence has opportunity to grow market in future.
Market Segmentation:
Global Lab Automation Market – By Product Type
Equipment
Software & Laboratory Informatics
Global Lab Automation Market – By Application
Drug Discovery
Clinical Diagnostics
Genomics Solutions
Proteomics Solutions
Global Lab Automation Market – By End-User
Biotechnology & Pharmaceutical Industries
Research Institutes
Others
Global Lab Automation Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America dominating the global lab automation market on basis of revenue, as the large share of the market comes from that region. Growing clinical laboratory function, drugs development, and presence of developed pharmaceutical and R&D laboratories are the main factor to growth market in this region. Asia Pacific leading the market on volume basis, as rise in R&D expenditure in the region. Increasing awareness about laboratory automation, and growing pharmaceutical industries in this region help the lab automation market to grow. The market in Europe and Latin America grow with steady growth, as increasing gap between viability of train laboratory persons, and demand for laboratory procedure.
Competitive Scenario:
Some of the key player operating the global lab automation market are Hamilton Robotics, BioMerieux SA, Danaher (Beckman Coulter & Molecular devices), Tecan Group Ltd, Danahar Corporation, PerkinElmer Inc., Thermo Fisher Scientifics Inc., BMG Labtech GmbH, F. Hoffmann-La Roche AG, Aurora Biomed Inc., Hudson and Robotics, Siemen Healthcare, Roche Diagnostics, Qiagen N.V., Agilents Technologies Inc., Bio Tek Instruments Inc., and Eppendorf and Qiagen.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Lab Automation industry, although key threats, opportunities and disruptive technologies that could shape the Global Lab Automation Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Lab Automation Market most.
The data analysis present in the Global Lab Automation Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Lab Automation Market business.
The 2021 Annual Global Lab Automation Market offers:
100+ charts exploring and analysing the Global Lab Automation Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Lab Automation Market type
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