In research laboratories, applications that require flexibility, efficient use of space, and seamless integration of lab peripherals, are increasingly adopting robotic arms. The adoption has grown over the years with increased ease in programming the arms. Typical tasks performed by these robots are preparing samples, operating analytical equipment, and handling sample material.
Lab automation is the major growth driver for usage of robotic arms in laboratories while high initial set-up cost acts as an inhibitor. Apart from reducing mundane tasks, the robotic arms in laboratories market is also driven by the need for consistency in quality.
Increase in Lab Automation Drives the Market
The primary goal of lab automation is to provide high quality and reliable information, which fulfills the industry needs. The use of manual systems hampers the data quality during transferring process. Presently, technological advancements and increasing pressure to deliver results have led to the use of automated systems in laboratories. The adoption rate of lab automation is growing due to its accuracy, advanced data management capacity, reduced repetitiveness, and ultimately reducing human intervention, thereby increasing throughput and accuracy.
Technological Innovations in Device Miniaturization and Increased Throughput to Drive Growth
Clinical research centers produce quantitative information for drug discovery, diagnostics, and research teams. This discipline has been greatly aided by technological advances, hence ensuring greater reliability and throughput. Robotic Arms used in laboratories are required to be simple, yet intuitive to use. Developments in this field have yielded a new class of devices that are rugged, reliable, fault tolerant and can interact with different systems. Robotic arms have transformed into general purpose devices that offer a wider range of features, for full and semi-automation of tasks in wet chemistry automation.
Softwares for the use of robots in lab automation are being developed to provide robustness and compatibility with existing applications. A wide range of robotic arms are available in the market suited to perform different applications. Thus, innovations in technology have provided compact systems to meet the requirements of the industry, thereby driving the growth of the market.
North America Holds the Largest Market Share
North America is the market leader followed by Europe and Asia-Pacific. The rise in the number of clinical or pre-clinical studies has pushed the demand for an efficient and cost-effective solution, required for the analysis of samples, thus propelling the growth of robotic arms in North America. There has also been a considerable increase in outsourcing of pharmaceutical manufacturing in this region. Moreover, there is a growing demand for better quality and efficiency in delivering patient-care services. Higher incidence of health issues, growing per-capita spending on pharmaceutical products, and growing elderly population are expected to influence the growth of robotic arms.
Key Developments in the Market
- Aug 2017: Thermo Fisher Scientific launched Talos F200i S/TEM to deliver flexible and high-performance imaging.
Reasons to Purchase the Report
- Study of the current and future robotic arms in laboratories market in the developed and emerging markets.
- Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
- Identifying the segment that is expected to dominate the market.
- Regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3-month analyst support along with the Market Estimate sheet (in Excel).
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1.1 Scope of the Study
1.2 Executive Summary
2. Research Approach and Methodology
2.1 Key Deliverables of the Study
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3. Market Insights
3.1 Market Overview
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitutes
3.2.5 Intensity of Competitive Rivalry
3.3 Industry Value Chain Analysis
4. Market Dynamics
4.1.1 Increasing Lab Automation
4.1.2 Need for Higher Reproducibility and Effective Management of the Vast Amounts of Data Generated
4.1.3 Technological Innovations in Device Miniaturization and Increased Throughput to Drive Growth
4.2.1 Initial Setup is Expensive
4.2.2 Low Proirity Among Small and Medium-Sized Laboratories
5. Market Segmentation
5.1 By Application
5.1.1 Drug Discovery
5.1.2 Digital Imaging
5.1.3 Genomics & Proteomics
5.1.4 Clinical Diagnostics
5.1.5 System Biology
5.2 By Region
5.2.1 North America
184.108.40.206 Rest of North America
220.127.116.11 Rest of Europe
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
5.2.4 Rest of the World
6. Competitive Intelligence - Company Profiles
6.1 Agilent Technologies
6.2 Becton Dickinson
6.4 Eppendorf AG
6.5 Hudson Robotics
6.7 Siemens Healthcare
6.8 Synchron Lab
6.9 Tecan Group Ltd
6.10 Thermo Scientific
*List not Exhaustive
7. Investment Analysis
8. Future of the Market