Laboratory Automation Market Research Report Information by Product Type, by Process, by Application, by End User and By Region (North America, Europe, Asia-Pacific, and Rest of the World) – Forecast till 2030
The laboratory automation market is anticipated to reach USD 10.92 billion by 2030 at 8.15% CAGR during the forecast period 2022-2030. The market is experiencing rapid growth and transformation, driven by technological advancements, increasing demand for efficiency, and the rising complexity of laboratory processes. This market is characterized by the integration of advanced robotics, artificial intelligence, and data analytics to streamline and enhance various laboratory tasks, ranging from sample processing to data analysis.
Key market trends include the adoption of automated systems to improve accuracy, reduce errors, and increase the throughput of laboratory procedures. Laboratories across various industries, including healthcare, pharmaceuticals, and life sciences, are embracing automation to meet the growing demand for high-throughput screening, sample testing, and data management.
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The Laboratory Automation Market is witnessing substantial growth globally, with North America and Europe leading the way due to well-established healthcare infrastructures, significant investments in research and development, and a high level of awareness. Asia-Pacific is emerging as a key market, driven by the growing prevalence of diseases, increasing healthcare expenditure, and a rising focus on laboratory efficiency in countries like China and India.
Competitive Analysis
Some of the major key players are Beckman Coulter, Inc. (US), QIAGEN N.V. (Germany), Thermo Fisher Scientific, Inc. (US), Agilent Technologies, Inc. (US), Tecan Trading AG (Switzerland), BioMérieux SA (France), Siemens Healthineers (Germany), PerkinElmer Inc. (US), Hamilton Company (US), F. Hoffmann-La Roche Ltd (Switzerland), and others are the key market players.
Segmentation Analysis
The global laboratory automation market has been segmented based on product type, process, application, and end user.
On the basis of product type, the market is segmented into automated workstations, robotic systems, software & informatics, and others. The automated workstations further segmented into automated liquid handling, microplate readers, automated Elisa systems, automated nucleic acid purification systems moreover, software & informatics segmented into electronic laboratory notebook, workstation/unit automation software, scientific data management system, laboratory information management system.
Based on process, the global laboratory automation market has been bifurcated into continuous flow and discrete processing. The continuous flow segmented into workflow and components moreover, discrete processing further segmented into method, components, and workflow.
The global laboratory automation market, on the basis of application, has been segmented into clinical diagnostics, genomics solutions, proteomics solutions, drug discovery, and others.
Based on end user, the global laboratory automation market has been segmented into biotechnology & pharmaceutical companies, hospitals & diagnostic laboratories, and research & academic institutes.
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Regional Analysis
North America: Leading the Laboratory Automation Market with a well-established healthcare infrastructure and significant R&D investments, driving the adoption of advanced automated systems.
Europe: Witnessing robust growth in laboratory automation, fueled by a favorable regulatory environment, increasing demand for efficiency, and substantial investments in research and development.
Asia-Pacific: Emerging as a key market with growing prevalence of diseases, increasing healthcare expenditure, and a rising focus on laboratory efficiency, especially in countries like China and India.
Latin America: Gradually adopting laboratory automation solutions, with Brazil and Mexico as key markets, despite challenges related to healthcare resources.
Middle East and Africa: Showing a growing interest in laboratory automation, with diverse healthcare infrastructures and a need for increased efficiency and productivity in laboratories.
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