Global Laboratory Automation Systems Market Size, Forecasts, And Opportunities – Includes Laboratory Automation Systems Market Analysis
Learn about the global laboratory automation systems market through The Business Research Company, which provides information on laboratory automation systems market size, laboratory automation systems market drivers and restraints, laboratory automation systems market players, the COVID-19 impact on the laboratory automation systems market, and more.
The laboratory automation systems market size is expected to grow from $4.72 billion in 2021 to $6.19 billion in 2026 at a rate of 5.6%. The laboratory automation systems market size is expected to grow at a CAGR of 5.5% from 2026 and reach $8.10 billion in 2031.
Advances in technology were a major driver of the laboratory automation market in the historic period.
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The laboratory automation systems market consists of sales of laboratory automation systems and related services by entities (organizations, sole traders, and partnerships). Laboratory automation refers to a system or technology that helps in automating and implementing new and improved processes in the laboratory. The professionals using laboratory automation systems are commercial and government researchers, academic, hospitals, pharmaceuticals and scientists. A laboratory automation system helps in speeding up various laboratory processes, ranging from drug discovery, sample partitioning and analysis and vaccine production.
Global Laboratory Automation Systems Market Segments Include:
By Equipment and Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage, Retrieval
By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Others
By End-User: Biotechnology and Pharmaceutical Industries, Research Institutes, Hospitals and Private Labs, Academic Institutes
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. Among these regions, North America was the largest region in the laboratory automation systems market, accounting for 32.3% of the total in 2021
The growth in research spending for laboratory testing technologies is a major trend in the laboratory automation systems market. The growing prevalence of diseases has necessitated the need for increased funding for research on laboratory testing, as a proper understanding of the causing factors on individuals and populations is required to address the impact of the disease.
Major Market Players: Abbott Laboratories, Danaher Corporation, Thermo Fisher Scientific, Agilent Technologies, Inc., Tecan Group Ltd.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Laboratory Automation Systems Market Report 2022 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, leading competitor revenues, profiles and market shares.
TBRC’s laboratory automation systems market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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