+91-33-4600-9199  (India), +1-414-240-5010 (U.S.)

Lab Automation Market, (By Process: Discrete Processing, Continuous Flow. By Type: Total Automation Systems, Modular Automation Systems. By End-User: Electrolyte Analysis, Immunoassay Analysis, Clinical Chemistry Analysis, Photometry, Fluorometry. By Region - North America, Europe, Asia Pacific, and LAMEA) – Global Industry Insights, Analysis, Trends, and Forecast 2022-2032

Published Date : April 2022 | Report Id : AUT 005 | Format : PDF,PPT | Slides : 220
Report Type : Syndicate Report

The global lab automation market was valued at $ 5.32 billion in 2021 and it is expected to reach $ 13.3 billion at a CAGR of 8.70% between 2022 and 2032. Lab automation is widely used in nonclinical and industrial settings. Lab automation system consists of machine vision, robots, conveyor systems, and hardware and software systems of computers. Moreover, it is also an instrument that standardizes workflow in medical laboratories by collecting specimens including blood samples, and bodily fluids for various testing.       

By region, North America is expected to lead the lab automation market during the forecast period.  

The degree of automation is mainly dependent on the workflow of laboratories. The usage of lab automation instruments or equipment is widely used in clinical or medical research and institutes to enhance their productivity and reduce the time spent on many tedious works. Moreover, the use of lab automated equipment by various pharmaceutical companies is further anticipated to propel the market growth during the forecast period. The increasing advantages offered by lab automation are one of the key factors, which are also projected to boost the market growth throughout the upcoming years. In recent years, lab automation has found several applications that have transformed laboratory methods that were traditionally executed by manual intervention. It includes applications such as synthetic biology, cell line development, genomics, cellular assays, drug discovery, chemistry applications, and others.

Lab Automation Market

Source: SAI Research

Download Free PDF Sample

Based on process, the lab automation market is segmented into the discrete process and continuous flow. Among these, the continuous flow segment has dominated the market with the largest revenue share in the last couple of years. The high adoption rate of continuous flow in laboratories automation is providing high-quality services. Furthermore, continuous flow analysis is widely used when there is a need to analyze a large number of samples for a smaller amount of chemistries. Moreover, the discrete processes are also estimated to grow at a significant rate during the forecast period due to their several advantages over continuous processing. Based on type, the total automation systems category has dominated the market with a significant share in 2020 due to the several advantages offered by this system.    

Based on end-user, the lab automation market is segmented into electrolyte analysis, immunoassay analysis, clinical chemistry analysis, photometry, and fluorometry, among others. The clinical chemistry analysis segment has dominated the global lab automation market with a significant market share in the last couple of years. This system has given a few benefits such as technological advancements, an increase in the automated system by various market players, and the ability to reduce the risk of contamination, and human error, among others. These factors are projected to drive the growth of the market throughout the forecast period. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Africa, and Middle East Countries. North America has dominated the global lab automation market with significant growth in the last few years and the region is expected to maintain its similar position throughout the forecast period. Additionally, the Asia-Pacific region is also expected to be the fastest-growing market due to the rising demand for lab automation solutions in emerging economies of countries such as India and China. Along with these regions, the Middle Eastern market is also anticipated to witness significant growth due to the high availability of medical insurance.  

According to the study, key players such as PerkinElmer Corporation (U.S), Qiagen Company (Germany), Thermo Fisher Scientific Corporation (U.S), Danaher Corporation Company (U.S), Agilent Technologies Analytical laboratory Instrument manufacturing Company (U.S), Eppendorf Biotech Company (Germany), Hudson Robotics Inc. (U.S), Tecan Group Limited (Switzerland), BMG Labtech (Germany), Hamilton Company (U.S), Copan Innovation Limited Company (Italy), Abbott Laboratories Medical Device Company (U.S), Roche Holdings AG Pharmaceuticals Company (Switzerland), Novartis Pharmaceuticals Company (Switzerland), Pfizer Pharmaceutical Industry Company (U.S), Sanofi Pharmaceutical Industry Company (France), Synchron Lab Automation (Netherlands), Waters Corporation Analytical Laboratory Instrument Manufacturing Company (U.S), Peak Analysis and Automation (U.S), Institut Merieux Holding Company (France), Aurora Biomed Inc. Company (Canada), Formulatrix Inc. Company (U.S), Bio-Rad Laboratories (U.S), BD Medical Device Company (U.S), Hudson Robotics Inc. (U.S), among others are leading the global lab automation market.   

Scope of the Report:

Report Coverage

Details

Base Year:

2021

Market Size in 2021:

US$ 5.32 Billion

Historical Data for:

2019, 2020 and 2021

Forecast Period:

2022 to 2032

Forecast Period 2022 to 2032 CAGR:

8.70%

2032 Value Projection:

US$ 13.3 Billion

Segments covered:

By Process: Discrete Processing, Continuous Flow

By Type: Total Automation Systems, Modular Automation Systems

By End-User: Electrolyte Analysis, Immunoassay Analysis, Clinical Chemistry Analysis,Photometry,Fluorometry, And Others

Geographies covered:

North America - U.S, Canada, Mexico

Europe - Germany, France, Italy, U.K, Russia, Rest of Europe Countries

Asia-Pacific -India, China, Japan, South Korea, North Korea, Rest of Asian Countries

LAMEA - Brazil, Saudi Arabia, Rest of LAMEA

Companies covered:

PerkinElmer Corporation (U.S), Qiagen Company (Germany), Thermo Fisher Scientific Corporation (U.S), Danaher Corporation Company (U.S), Agilent Technologies Analytical laboratory Instrument manufacturing Company (U.S), Eppendorf Biotech Company (Germany), Hudson Robotics Inc. (U.S), Tecan Group Limited (Switzerland), BMG Labtech (Germany), Hamilton Company (U.S), Copan Innovation Limited Company (Italy), Abbott Laboratories Medical Device Company (U.S), Roche Holdings AG Pharmaceuticals Company (Switzerland), Novartis Pharmaceuticals Company (Switzerland), Pfizer Pharmaceutical Industry Company (U.S), Sanofi Pharmaceutical Industry Company (France), Synchron Lab Automation (Netherlands), Waters Corporation Analytical Laboratory Instrument Manufacturing Company (U.S), Peak Analysis and Automation (U.S), Institut Merieux Holding Company (France), Aurora Biomed Inc. Company (Canada), Formulatrix Inc. Company (U.S), Bio-Rad Laboratories (U.S), BD Medical Device Company (U.S), Hudson Robotics Inc. (U.S), among others

The Global Lab Automation Market Has Been Segmented Into:

The Global Lab Automation Market – by Process: 

  • Discrete Processing
  • Continuous Flow

The Global Lab Automation Market – by Type:

  • Total Automation Systems
  • Modular Automation Systems

The Global Lab Automation Market – by End-User:

  • Electrolyte Analysis
  • Immunoassay Analysis
  • Clinical Chemistry Analysis
  • Photometry
  • Fluorometry
  • And Others

The Global Lab Automation Market – by Regions:     

North America 

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe Countries

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • North Korea
  • Rest of Asian Countries

LAMEA

  • Brazil
  • Saudi Arabia
  • Rest of LAME
Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

Buy Chapters or Sections

Customization options available to meet your custom research requirements :

  • Request a part of this report
  • Get geography specific report
  • Request historical analysis
  • Check out special discounted pricing

Why Choose Us

  • Research support24/5 Research support

    Get queries resolved by industry expert.

  • Custom research serviceCustom research service

    Exclusive reports and studies to meet your custom requirements.

  • Quality assuranceQuality assurance

    Widely acclaimed services reccomended by major organizations.

  • Information securityInformation security

    Your personal information security guaranteed.

  • sheer analytics and insights PCI DSS complaintsheer analytics and insights paypal verified
Registered Office
RDB Boulevard, 8th Floor, Plot K 1, Sector 5, Block EP and GP, Kolkata 700091, India.
Contact Us
+91-33-4600-9199
+1-414-240-5010
sales@sheeranalyticsandinsights.com
Stay Informed
Submit Your Query
Hot Links