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Lab Automation Market - Global Industry Analysis

Lab Automation Market - By Product (Robotic Arm, Microplate Readers, Workstation, ELN, and LIMS), By Application (Drug Discovery, Diagnostics, Genomics, Proteomics, and Microbiology), By End-User (Diagnolab, Forensics, Pharmaceutical, and Environmental), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 28-Sep-2021 Category: Technology & Media Report Format : PDF Pages: 199 Report Code: ZMR-6709 Status : Published

The global Lab Automation market accrued earnings worth approximately 4.5 (USD Billion) in 2020 and is predicted to gain revenue of about 10.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2021 to 2028.

Description

The global Lab Automation market accrued earnings worth approximately 4.5 (USD Billion) in 2020 and is predicted to gain revenue of about 10.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2021 to 2028. The report offers assessment and analysis of the Lab Automation market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Lab Automation Market: Overview

Lab automation is a multi-disciplinary approach towards optimization of use of lab technologies for bringing enhancement in clinical processes. Lab automation experts comprise of academics, researchers, engineers, and scientists who carry out research along with developing novel techniques for enhancing efficiency and improving quality of clinical data. Apart from this, lab automation assists in reducing lab process cycle period and facilitates research activities. Reportedly, extensive use of lab automation technique is lab robots. Moreover, lab automation includes automated lab devices such as auto-samplers and lab automated systems are embedded with software programs & methods facilitating efficacy of scientific research processes in labs.

Lab Automation Market: Growth Factors

Growth of lab automation industry over forecast timeframe can be credited to massive requirement for improving efficacy of drug discovery process as well as clinical diagnostics procedures. Moreover, lab automation provides high output and reduced regent costs. In addition to this, enhanced healthcare infrastructure witnessed across developing economies and thriving biotech & pharma sectors will boost market size in years ahead. Large-scale utilization of automated equipment in academic & research institutes will help latter to focus on high priority tasks and this will culminate into huge penetration of lab automation products across research & development activities across globe, thereby driving industry space. Apparently, use of automated devices by drug discovery units of pharma firms will further scale up growth of lab automation industry. Moreover, lab automation will offer lucrative benefits to clinical labs and make its operations more proficient, reliable, and secured. This, in turn, will enlarge scope of lab automation market over years ahead.

Regional Landscape

North America To Dominate Global Regional Market Landscape By 2028

Rapid expansion of lab automation market in North America over assessment period is subject to humungous presence of giant pharma firms in countries such as the U.S. In addition to this, huge government funding made in drug discovery & genomics research projects will promulgate expansion of lab automation industry over forecast timeline during assessment timespan. Strong presence of established healthcare infrastructure facility and favorable compensation policies will steer growth of lab automation business in North America over upcoming years.

Competitive Landscape

Key players impacting growth of lab automation industry and profiled in report include Qiagen N.V., Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Danaher Corporation, Bio Tek Instruments, Inc., F. Hoffmann-La Roche, Hamilton Company, Aurora Biomed Inc., BMG LABTECH GMBH, Siemens Healthineers, Hudson Robotics, Eppendorf AG, Tecan Group Ltd., and PerkinElmer Inc.

The global Lab Automation Market is segmented as follows:

By Product

  • Robotic Arm
  • Workstation
  • LIMS
  • Microplate Readers
  • ELN

By End-User

  • Diagnolab
  • Pharmaceutical
  • Environmental
  • Forensics

By Application

  • Drug Discovery
  • Diagnostics
  • Proteomics
  • Microbiology
  • Genomics

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Lab Automation Market, 2018–2028(USD Billion)
    • 2.2. Lab Automation Market: Snapshot
  • Chapter 3. Global Lab Automation Market– Industry Analysis
    • 3.1. Lab Automation Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growth of lab automation market during forecast timespan can be ascribed to huge requirement for improving efficacy of drug discovery process & clinical diagnostics procedures.
      • 3.2.2. Lab automation provides high output and reduced regent costs, thereby embellishing market surge.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
      • 3.4.2. Market attractiveness analysis By Application
      • 3.4.3. Market attractiveness analysis By End-User
  • Chapter 4. Global Lab Automation Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Lab Automation Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Lab Automation Market– Product Analysis
    • 5.1. Global Lab Automation Market overview: By Product
      • 5.1.1. Global Lab Automation Market share, By Product, 2020 and 2028
    • 5.2. Robotic Arm
      • 5.2.1. Global Lab Automation Market by Robotic Arm, 2018–2028(USD Billion)
    • 5.3. Workstation
      • 5.3.1. Global Lab Automation Market by Workstation, 2018–2028(USD Billion)
    • 5.4. LIMS
      • 5.4.1. Global Lab Automation Market by LIMS, 2018–2028(USD Billion)
    • 5.5. Microplate Readers
      • 5.5.1. Global Lab Automation Market by Microplate Readers, 2018–2028(USD Billion)
    • 5.6. ELN
      • 5.6.1. Global Lab Automation Market by ELN, 2018–2028(USD Billion)
  • Chapter 6. Global Lab Automation Market– Application Analysis
    • 6.1. Global Lab Automation Market overview: By Application
      • 6.1.1. Global Lab Automation Market share, By Application, 2020 and 2028
    • 6.2. Drug Discovery
      • 6.2.1. Global Lab Automation Market by Drug Discovery , 2018–2028(USD Billion)
    • 6.3. Diagnostics
      • 6.3.1. Global Lab Automation Market by Diagnostics, 2018–2028(USD Billion)
    • 6.4. Proteomics
      • 6.4.1. Global Lab Automation Market by Proteomics, 2018–2028(USD Billion)
    • 6.5. Microbiulogy
      • 6.5.1. Global Lab Automation Market by Microbiulogy, 2018–2028(USD Billion)
    • 6.6. Genomics
      • 6.6.1. Global Lab Automation Market by Genomics, 2018–2028(USD Billion)
  • Chapter 7. Global Lab Automation Market overview: By End-User
    • 7.1. Global Lab Automation Market share, By End-User, 2020 and 2028
    • 7.2. Diagnulab
      • 7.2.1. Global Lab Automation Market by Diagnulab , 2018–2028(USD Billion)
    • 7.3. Pharmaceutical
      • 7.3.1. Global Lab Automation Market by Pharmaceutical, 2018–2028(USD Billion)
    • 7.4. Environmental
      • 7.4.1. Global Lab Automation Market by Environmental , 2018–2028(USD Billion)
    • 7.5. Forensics
      • 7.5.1. Global Lab Automation Market by Homecare & Automotive, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Qiagen N.V.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Thermo Fisher Scientific, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Agilent Technulogies, Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Danaher Corporation
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Bio Tek Instruments, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
      • 8.6. F. Hoffmann-La Roche
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Hamilton Company
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Aurora Biomed Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. BMG LABTECH GMBH
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Siemens Healthineers
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Hudson Robotics
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product Portfulio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. Eppendorf AG
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product Portfulio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development
    • 8.13. Tecan Group Ltd.
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Product Portfulio
      • 8.13.4. Business Strategy
      • 8.13.5. Recent Development
    • 8.14. PerkinElmer Inc.
      • 8.14.1. Overview
      • 8.14.2. Financials
      • 8.14.3. Product Portfulio
      • 8.14.4. Business Strategy
      • 8.14.5. Recent Development

List of Figures

1.    Market research Type
2.    Market research methodology
3.    Global Lab Automation Market, 2018–2028(USD Billion)
4.    Porter’s Five Forces Analysis
5.    Global Lab Automation Marketattractiveness, By Product
6.    Global Lab Automation Marketattractiveness, By Application
7.    Global Lab Automation Marketattractiveness, By End-User
8.    Global Lab Automation Marketshare by Product ,2020 and 2028 (USD Billion)
9.    Global Lab Automation Marketby Robotic Arm, 2018–2028(USD Billion)
10.    Global Lab Automation Marketby Workstation, 2018–2028(USD Billion)
11.    Global Lab Automation Marketby LIMS, 2018–2028(USD Billion)
12.    Global Lab Automation Marketby ELN, 2018–2028(USD Billion)
13.    Global Lab Automation Marketby Microplate Readers, 2018–2028(USD Billion)
14.    Global Lab Automation Marketshare by Application ,2020 and 2028 (USD Billion)
15.    Global Lab Automation Marketby Drug Discovery,  2018–2028(USD Billion)
16.    Global Lab Automation Marketby Diagnostics, 2018–2028(USD Billion)
17.    Global Lab Automation Marketby Proteomics, 2018–2028(USD Billion)
18.    Global Lab Automation Marketby Microbiology,  2018–2028(USD Billion)
19.    Global Lab Automation Marketby Genomics, , 2018–2028(USD Billion)
20.    Global Lab Automation Marketshare by End-User ,2020 and 2028 (USD Billion)
21.    Global Lab Automation Marketby Diagnolab,  2018–2028(USD Billion)
22.    Global Lab Automation Marketby Environmental , 2018–2028(USD Billion)
23.    Global Lab Automation Marketby Pharmaceutical, 2018–2028(USD Billion)
24.    Global Lab Automation Marketby Forensics, 2018–2028(USD Billion)
25.    Global Lab Automation Marketshare, by Region, 2020 and 2028
26.    North America Lab Automation Market, 2018–2028(USD Billion)
27.    Europe Lab Automation Market, 2018–2028(USD Billion)
28.    Asia Pacific Lab Automation Market, 2018–2028(USD Billion)
29.    Latin America Lab Automation Market, 2018–2028(USD Billion)
30.    The Middle East and Africa Lab Automation Market, 2018–2028(USD Billion)


List of Tables

1.    Global Lab Automation Market: snapshot
2.    Drivers of the Lab Automation Market: impact analysis
3.    North America Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
4.    North America Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
5.    North America Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
6.    The U.S. Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
7.    The U.S. Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
8.    The U.S. Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
9.    Rest of North America Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
10.    Rest of North America Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
11.    Rest of North America Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
12.    Europe Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
13.    Europe Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
14.    Europe Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
15.    UK Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
16.    UK Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
17.    UK Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
18.    France Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
19.    France Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
20.    France Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
21.    Germany Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
22.    Germany Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
23.    Germany Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
24.    Rest of Europe Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
25.    Rest of Europe Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
26.    Rest of Europe Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
27.    Asia Pacific Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
28.    Asia Pacific Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
29.    Asia Pacific Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
30.    China Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
31.    China Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
32.    China Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
33.    Japan Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
34.    Japan Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
35.    Japan Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
36.    India Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
37.    India Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
38.    India Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
39.    Rest of Asia Pacific Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
40.    Rest of Asia Pacific Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
41.    Rest of Asia Pacific Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
42.    Latin America Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
43.    Latin America Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
44.    Latin America Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
45.    Brazil Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
46.    Brazil Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
47.    Brazil Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
48.    Rest of Latin America Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
49.    Rest of Latin America Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
50.    Rest of Latin  America Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
51.    The Middle East and Africa Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
52.    The Middle East and Africa Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
53.    The Middle East and Africa Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
54.    Saudi Arabia Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
55.    Saudi Arabia Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
56.    Saudi Arabia Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
57.    South Africa Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
58.    South Africa Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
59.    South Africa Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)
60.    Rest of the Middle East & Africa Lab Automation Market revenue, By Product  ,2018–2028(USD Billion)
61.    Rest of the Middle East & Africa Lab Automation Market revenue, By Application  ,2018–2028(USD Billion)
62.    Rest of the Middle East & Africa Lab Automation Market revenue, By End-User ,2018–2028(USD Billion)

 

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FrequentlyAsked Questions

Growth of lab automation industry over forecast timeframe can be credited to massive requirement for improving efficacy of drug discovery process as well as clinical diagnostics procedures. Moreover, lab automation provides high output and reduced regent costs. In addition to this, enhanced healthcare infrastructure witnessed across developing economies and thriving biotech & pharma sectors will boost market size in years ahead. Large-scale utilization of automated equipment in academic & research institutes will help latter to focus on high priority tasks and this will culminate into huge penetration of lab automation products across research & development activities across globe, thereby driving industry space. Apparently, use of automated devices by drug discovery units of pharma firms will further scale up growth of lab automation industry. Moreover, lab automation will offer lucrative benefits to clinical labs and make its operations more proficient, reliable, and secured. This, in turn, will enlarge scope of lab automation market over years ahead.

According to Zion market research report, the global Lab Automation market accrued earnings worth approximately 4.5 (USD Billion) in 2020 and is predicted to gain revenue of about 10.1(USD Billion) by 2028, is set to record a CAGR of nearly 5.3% over the period from 2021 to 2028.

North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to humungous presence of giant pharma firms in countries such as the U.S. In addition to this, huge government funding made in drug discovery & genomics research projects will promulgate expansion of lab automation industry over forecast timeline during assessment timespan. Strong presence of established healthcare infrastructure facility and favorable compensation policies will steer growth of lab automation business in North America over upcoming years.

The key market participants include Qiagen N.V., Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Danaher Corporation, Bio Tek Instruments, Inc., F. Hoffmann-La Roche, Hamilton Company, Aurora Biomed Inc., BMG LABTECH GMBH, Siemens Healthineers, Hudson Robotics, Eppendorf AG, Tecan Group Ltd., and PerkinElmer Inc.

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