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Modular Laboratory Automation - Global Market Trajectory & Analytics

  • ID: 4805335
  • Report
  • May 2021
  • Region: Global
  • 397 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Beckman Coulter, Inc.
  • Eppendorf AG
  • F. Hoffmann-La Roche Ltd.
  • Hudson Robotics, Inc.
  • PerkinElmer, Inc.
  • QIAGEN N.V.
  • MORE

Global Modular Laboratory Automation Market to Reach US$4.9 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Modular Laboratory Automation estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027.Automated Liquid Handlers, one of the segments analyzed in the report, is projected to grow at a 6.4% CAGR to reach US$1.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automated Plate Handlers segment is readjusted to a revised 6.8% CAGR for the next 7-year period. This segment currently accounts for a 18.2% share of the global Modular Laboratory Automation market.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 5.9% CAGR for the Period of 2020-2027


The Modular Laboratory Automation market in the U.S. is estimated at US$953.4 Million in the year 2020. The country currently accounts for a 29.52% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$868.6 Million in the year 2027 trailing a CAGR of 5.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR while Rest of European market (as defined in the study) will reach US$868.6 Million by the year 2027.

Robotic Arms Segment Corners a 13.3% Share in 2020


In the global Robotic Arms segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$345.3 Million in the year 2020 will reach a projected size of US$524.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$570 Million by the year 2027.

Select Competitors (Total 46 Featured) -

  • Agilent Technologies, Inc.
  • Beckman Coulter, Inc.
  • Becton, Dickinson and Company
  • Bio-Rad Laboratories, Inc.
  • Eppendorf AG
  • F. Hoffmann-La Roche Ltd.
  • Honeywell International Inc.
  • Hudson Robotics, Inc.
  • PerkinElmer, Inc.
  • QIAGEN N.V.
  • Shimadzu Scientific Instruments
  • Siemens Healthineers
  • Synchron Lab Automation
  • Tecan Group Ltd.
  • Thermo Fisher Scientific, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Beckman Coulter, Inc.
  • Eppendorf AG
  • F. Hoffmann-La Roche Ltd.
  • Hudson Robotics, Inc.
  • PerkinElmer, Inc.
  • QIAGEN N.V.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Modular Laboratory Automation
  • Modular Laboratory Automation: Current Market Scenario and Outlook
  • Developed Regions: Dominant Consumers
  • Exhibit 1: World Modular Laboratory Automation Market by Region: Percentage Breakdown of Revenues for Developed and Developing Regions (2019 & 2025)
  • Fast Paced Growth Identified in Developing Regions
  • Exhibit 2: World Modular Laboratory Automation Market - Geographic Regions Ranked by CAGR (Value) for 2018-2025: China, Asia-Pacific, USA, Rest of World, Canada, Europe, and Japan
  • Automated Liquid Handlers: The Largest Equipment Type
  • Automated Plate Handlers Exhibit Faster Growth
  • Robotic Arms Step In to Resolve Critical Handling Needs
  • Automated Storage & Retrieval Systems Continue to Make Gains
  • Advanced Software Tools Augment Laboratory Automation
  • Automated Analyzers Enhance Lab Test Outcomes
2. FOCUS ON SELECT PLAYERS
  • Agilent Technologies, Inc. (USA)
  • Beckman Coulter, Inc. (USA)
  • Becton, Dickinson and Company (USA)
  • Bio-Rad Laboratories, Inc. (USA)
  • Eppendorf AG (Germany)
  • F. Hoffmann-La Roche Ltd (Switzerland)
  • Honeywell International Inc. (USA)
  • Hudson Robotics, Inc. (USA)
  • PerkinElmer, Inc. (USA)
  • QIAGEN N.V. (The Netherlands)
  • Shimadzu Scientific Instruments (USA)
  • Siemens Healthineers (USA)
  • Synchron Lab Automation (The Netherlands)
  • Tecan Group Ltd. (Switzerland)
  • Thermo Fisher Scientific, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • Rise of Laboratory 4.0 to Change Dynamics in the Modular Laboratory Automation Market
  • Modular Laboratory Automation Gains Traction Amid Growing Need to Enhance Workflow Efficiencies and Reduce Costs
  • High Growth Opportunities in Clinical Diagnostics
  • Automation Plays an Important Role in Patient Treatment Management
  • As Laboratories Take On More Clinical Testing & Diagnostic Cases on the Back of Growing Global Healthcare Burden, Automation Becomes an Important Efficiency Enhancement Strategy
  • Global In-Vitro Diagnostics (IVD) Market (In US$ Million)
  • Uptrend in Drug Discovery Industry Builds Robust Market Momentum
  • Healthy Trajectory in Genomics Research Favors Market Growth
  • Market Stands to Gain from Growing Proteomics Research Volumes
  • Exhibit 3: Global Proteomics Market Sales in US$ Million for the Years 2019 and 2024
  • Improving Healthcare & Lifescience Expenditure to Turbo Charge Future Growth of the Market
  • Exhibit 4: World Healthcare Spending & Growth (in US$ Trillion) and % Real GDP Growth for the Years 2012 through 2018
  • Technology Advancements & Innovations Widen Scope & Span of Modulation Laboratory Automation
  • Sophisticated Laboratory Information Systems Inflate Automation Deployments
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Agilent Technologies, Inc.
  • Beckman Coulter, Inc.
  • Becton, Dickinson and Company
  • Bio-Rad Laboratories, Inc.
  • Eppendorf AG
  • F. Hoffmann-La Roche Ltd.
  • Honeywell International Inc.
  • Hudson Robotics, Inc.
  • PerkinElmer, Inc.
  • QIAGEN N.V.
  • Shimadzu Scientific Instruments
  • Siemens Healthineers
  • Synchron Lab Automation
  • Tecan Group Ltd.
  • Thermo Fisher Scientific, Inc.
Note: Product cover images may vary from those shown
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