Global Total Lab Automation Market By Equipment Type (Automated Liquid Handlers, Automated Plate Handlers, Robotic Arms, Automated Storage and Retrieval Systems (ASRS), Analyzers), End User (Biotechnology and Pharmaceuticals, Diagnostic Labs), Software Type (Laboratory Information Management System (LIMS), Laboratory Information System (LIS), Chromatography Data System (CDS), Electronic Lab Notebook (ELN), Scientific Data Management System (SDMS)), Application (Drug Discovery, Genomics, Proteomics, Protein Engineering, Bioanalysis, Analytical Chemistry, Clinical Diagnostics, Other Applications), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Total lab automation market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 8.07 billion by 2027 growing at a CAGR of 7.10% in the above-mentioned forecast period. Increasing awareness among the people regarding the benefits of total lab automation which will help in boosting the growth of the market.
Increasing demand of sample results, data integrity, short method development time, growing number of geriatric population across the globe, increasing healthcare expenditure, rising need of high productivity, low regent cost and reproducibility are some of the factors which will likely to enhance the growth of the total lab automation market in the forecast period of 2020-2027. On the other hand, rising number of research and development which will further boost various opportunities for the growth of the total lab automation market in the above mentioned forecast period.
High cost of automation along with risk of data theft are acting as market restraints for the growth of the total lab automation in the above mentioned forecast period. Rising need of skilled personnel along with lack of adoption among small and medium size laboratories which will become the biggest challenge for the growth of the market.
This total lab automation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on total lab automation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Total Lab Automation Market Scope and Market Size
Total lab automation market is segmented on the basis of equipment type, software type, application, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on equipment type, total lab automation market is segmented into automated liquid handlers, automated plate handlers, robotic arms, automated storage and retrieval systems (ASRS), and analyzers.
- On the basis of software type, total lab automation market is segmented into laboratory information management system (LIMS), laboratory information system (LIS), chromatography data system (CDS), electronic lab notebook (ELN), and scientific data management system (SDMS).
- Based on application, total lab automation market is segmented into drug discovery, genomics, proteomics, protein engineering, bioanalysis, analytical chemistry, clinical diagnostics, and other applications.
Total lab automation market has also been segmented based on the end user into biotechnology and pharmaceuticals, and diagnostic labs.
Total Lab Automation Market Country Level Analysis
Total lab automation market is analysed and market size insights and trends are provided by country, equipment type, software type, application, and end user as referenced above.
The countries covered in the total lab automation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the total lab automation market due to the growing number of research activities along with prevalence of various pharmaceutical companies.
The country section of the total lab automation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Total lab automation market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for total lab automation market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the total lab automation market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Total Lab Automation Market Share Analysis
Total lab automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to total lab automation market.
The major players covered in the total lab automation market report are Thermo Fisher Scientific Inc., Beckman Coulter, Inc., Hudson Robotics, BD, Synchron Lab Automation., Agilent Technologies, Inc., Siemens, Tecan Trading AG, PerkinElmer Inc., INPECO SA, F. Hoffmann-La Roche Ltd, Abbott, Sysmex Nordic ApS Filial Sverige, Shimadzu Scientific Instruments., AZoNetwork, QIAGEN, Hamilton Company., Aurora Biomed Inc., bioMérieux SA, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Total Lab Automation Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.