The Global Laboratory Automation Systems Market Report by The Business Research Company covers laboratory automation systems market drivers and restraints, laboratory automation systems market size, major players, and the impact of COVID-19 on the laboratory automation systems market.

The laboratory automation systems market consists of sales of laboratory automation systems and related services. The laboratory automation system speedup the processes such as, drug discovery, vaccine production, and others. Laboratory automation systems include clinical laboratory machines, equipment, and instruments, which analyze and automate many samples in the laboratory with minimal human intervention. The laboratory automation system market includes robots, conveyors, computer hardware & software, machine vision and others.

Increased demand for microbiology testing and standardization of sample-collection devices for microbiology culture has driven the adoption of automated laboratory systems for culture-based laboratory testing in clinical microbiology.

The global laboratory automation systems market is expected to grow from $4.85 billion in 2020 to $5.2 billion in 2021 at a compound annual growth rate (CAGR) of 7.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The laboratory automation systems market is expected to reach $6.4 billion in 2025 at a CAGR of 5.3%.

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Some laboratory automation systems market trends include RFID technology. The hospital laboratories are increasingly adopting RFID technology for laboratory automation systems due to its better productivity and product quality, reduced costs for technology, error reduction, and faster delivery of samples and reduced human intervention. Radio Frequency Identification (RFID) technology is an automatic system of identification based on wireless communication, consisting of a tag and a reader which can communicate through radio frequency. RFID technology is similar to bar code technology, but is more beneficial as it can perform some additional functions and actions automatically without human intervention than bar code technology.

Global laboratory automation systems market segments include:

1) By Equipment & Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage And Retrieval Systems, Software And Informatics, Other Equipment.

2) By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Other Applications.

3) By End User: Biotechnology And Pharmaceutical Industries, Research Institutes, Hospitals And Private Labs, Academic Institutes.

4) By Type: Modular Automation, Total Lab Automation.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Laboratory Automation Systems Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides laboratory automation systems market overviews, analyzes and forecasts market size, share, laboratory automation systems market players, laboratory automation systems market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The laboratory automation systems market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Laboratory Automation Systems Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Tecan Group, Perkinelmer, Thermo Fisher Scientific, Agilent Technologies, Danaher, Qiagen, Roche, Abbott, Siemens, Eppendorf, Biomérieux, Hamilton, Becton Dickinson and Company, BioTek InstrumentsInc., LabVantage Solutions, Aurora Biomed, Biomatrix, Brooks Automation, Cerner, Labware, Olympus, Cognex Corporation, Bee Robotics Ltd, Apricot DesignsInc., Biosero Inc, DASSAULT SYSTEMES, GilsonInc., Hudson RoboticsInc., SCINOMIX.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Laboratory Automation Systems Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Laboratory Automation Systems Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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