Global Laboratory Automation Market 2021-2028

MARKET OUTLOOK

The author suggests that the global laboratory automation market is predicted to display growth at a CAGR of 5.14% over the assessed period 2021-2028.
Factors such as better than non-automated laboratories, the advancement of laboratory systems, and the surge in R&D sectors, are majorly driving the progress of the studied market.

Additionally, growth in investments in pharma and biotech companies and demand for high accuracy with less turnaround period, are factors generating multiple opportunities for the laboratory automation market. However, physical constraints, costly setup processes, and technology integration challenges negatively impact the market’s future growth.

REGIONAL OUTLOOK

The global laboratory automation market encompasses the regions of North America, Asia-Pacific, Latin America, Europe, and Middle East and Africa.
The Asia-Pacific is likely to showcase the fastest growth rate in the global laboratory automation market during the considered period 2021-2028. In China, the rising pharmaceutical industry, along with surging research in genomics, are motivating the studied market’s progress. Further, several companies are manufacturing high-quality instruments for diagnostic purposes, including diagnosing infectious conditions by genomic technique. Additionally, the US-based Society for Laboratory Automation and Screening is establishing its operations in China. Therefore, the above-stated factors are likely to propel the laboratory automation market across the APAC region.

COMPETITIVE OUTLOOK

The key enterprises engaged in the market are Agilent Technologies Inc, Danaher Corporation, Thermo Fisher Scientific Inc, F Hoffmann-La Roche AG, Tecan Group Ltd, Perkinelmer Inc, Siemens Healthineers AG, Abbott Laboratories, Becton Dickinson and Company, Synchron Lab Automation, and Hudson Robotics Inc.
Perkinelmer Inc is among the leading providers of services, products, and solutions for diagnostics, research, environmental, industrial, and laboratory activities. Its business segments include discovery and analytical solutions, and human health. Among the various solutions, automated liquid handling solutions that the company offers reduce errors, decrease hand-on time, and increase throughput and reproducibility. The company also concentrates on developing diagnostics tools and applications that help detect diseases earlier and accelerate the discovery and development of new therapies. It has a presence in more than 150 countries.

1. Global Laboratory Automation Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Clinical Diagnostics is the Largest Application in the Market
2.2.2. Research Institutes is the Fastest-Growing End-User in the Market
2.2.3. Equipment is the Largest Product Type in the Laboratory Automation Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Intensity of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Better Than Non-Automated Laboratories
2.6.2. Advancement of Laboratory Systems
2.6.3. Rise in Research & Development Sector
2.7. Market Restraints
2.7.1. Costly Setup Process
2.7.2. Physical Constraints
2.7.3. Technology Integration Challenge
2.8. Market Opportunities
2.8.1. Growth in Investments in Pharma and Biotech Companies
2.8.2. Demand for High Accuracy With Less Turnaround Period
2.9. Key Strategic Developments
2.9.1. Mergers & Acquisitions
2.9.2. Product Launch & Developments
2.9.3. Partnership, Contract/Agreement, & Collaboration
2.9.4. Business Expansion
2.10. Impact of Coronavirus on Laboratory Automation Market

3. Global Laboratory Automation Market Outlook - by Application

3.1. Clinical Diagnostics
3.2. Drug Discovery
3.3. Genomics Solutions
3.4. Proteomics Solutions

4. Global Laboratory Automation Market Outlook - by End-User

4.1. Biotechnology & Pharmaceutical Industries
4.2. Research Institutes
4.3. Other End-Users

5. Global Laboratory Automation Market Outlook - by Product Type

5.1. Equipment
5.1.1. Automated Liquid Handlers
5.1.2. Automated Plate Handlers
5.1.3. Robotic Arms
5.1.4. Automated Storage and Retrieval Systems (Asrs)
5.1.5. Analyzers
5.2. Software
5.2.1. Laboratory Information Management Systems
5.2.2. Laboratory Information System
5.2.3. Chromatography Data System
5.2.4. Electronic Lab Notebook
5.2.5. Scientific Data Management System

6. Global Laboratory Automation Market - Regional Outlook

6.1. North America
6.1.1. Market by Application
6.1.2. Market by End-User
6.1.3. Market by Product Type
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Application
6.2.2. Market by End-User
6.2.3. Market by Product Type
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Application
6.3.2. Market by End-User
6.3.3. Market by Product Type
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Application
6.4.2. Market by End-User
6.4.3. Market by Product Type
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Application
6.5.2. Market by End-User
6.5.3. Market by Product Type
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape

7.1. Becton Dickinson and Company
7.2. Thermo Fisher Scientific Inc
7.3. Danaher Corporation
7.4. Hudson Robotics Inc
7.5. Synchron Lab Automation
7.6. Agilent Technologies Inc
7.7. Siemens Healthineers AG
7.8. Tecan Group Ltd
7.9. Perkinelmer Inc
7.10. F Hoffmann-La Roche AG
7.11. Abbott Laboratories

8. Research Methodology & Scope

8.1. Research Scope & Deliverables
8.1.1. Objectives of Study
8.1.2. Scope of Study
8.2. Sources of Data
8.2.1. Primary Data Sources
8.2.2. Secondary Data Sources
8.3. Research Methodology
8.3.1. Evaluation of Proposed Market
8.3.2. Identification of Data Sources
8.3.3. Assessment of Market Determinants
8.3.4. Data Collection
8.3.5. Data Validation & Analysis

List of Tables

Table 1: Global Laboratory Automation Market, by Geography, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Global Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 4: Global Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 5: Global Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)
Table 6: Global Laboratory Automation Product Type Market, by Equipment, 2021-2028 (In $ Million)
Table 7: Global Laboratory Automation Product Type Market, by Software, 2021-2028 (In $ Million)
Table 8: Global Laboratory Automation Market, by Geography, 2021-2028 (In $ Million)
Table 9: North America Laboratory Automation Market, by Country, 2021-2028 (In $ Million)
Table 10: North America Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 11: North America Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 12: North America Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)
Table 13: Europe Laboratory Automation Market, by Country, 2021-2028 (In $ Million)
Table 14: Europe Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 15: Europe Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 16: Europe Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)
Table 17: Asia-Pacific Laboratory Automation Market, by Country, 2021-2028 (In $ Million)
Table 18: Asia-Pacific Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 19: Asia-Pacific Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 20: Asia-Pacific Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)
Table 21: Latin America Laboratory Automation Market, by Country, 2021-2028 (In $ Million)
Table 22: Latin America Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 23: Latin America Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 24: Latin America Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)
Table 25: Middle East and Africa Laboratory Automation Market, by Country, 2021-2028 (In $ Million)
Table 26: Middle East and Africa Laboratory Automation Market, by Application, 2021-2028 (In $ Million)
Table 27: Middle East and Africa Laboratory Automation Market, by End-User, 2021-2028 (In $ Million)
Table 28: Middle East and Africa Laboratory Automation Market, by Product Type, 2021-2028 (In $ Million)

List of Figures

Figure 1: Global Laboratory Automation Market, by Application, 2020 and 2028 (In %)
Figure 2: Global Clinical Diagnostics Market 2021-2028 (In $ Million)
Figure 3: Global Research Institutes Market 2021-2028 (In $ Million)
Figure 4: Global Equipment Market 2021-2028 (In $ Million)
Figure 5: Porter's Five Forces Analysis
Figure 6: Market Attractiveness Index
Figure 7: Global Laboratory Automation Market, by Clinical Diagnostics, 2021-2028 (In $ Million)
Figure 8: Global Laboratory Automation Market, by Drug Discovery, 2019-2028 (In $ Million)
Figure 9: Global Laboratory Automation Market, by Genomics Solutions, 2021-2028 (In $ Million)
Figure 10: Global Laboratory Automation Market, by Proteomics Solutions, 2021-2028 (In $ Million)
Figure 11: Global Laboratory Automation Market, by Biotechnology & Pharmaceutical Industries, 2021-2028 (In $ Million)
Figure 12: Global Laboratory Automation Market, by Research Institutes, 2021-2028 (In $ Million)
Figure 13: Global Laboratory Automation Market, by Other End-Users, 2021-2028 (In $ Million)
Figure 14: Global Laboratory Automation Market, by Equipment, 2021-2028 (In $ Million)
Figure 15: Global Equipment Market, by Automated Liquid Handlers, 2021-2028 (In $ Million)
Figure 16: Global Equipment Market, by Automated Plate Handlers, 2021-2028 (In $ Million)
Figure 17: Global Equipment Market, by Robotic Arms, 2021-2028 (In $ Million)
Figure 18: Global Equipment Market, by Automated Storage and Retrieval Systems (Asrs), 2021-2028 (In $ Million)
Figure 19: Global Equipment Market, by Analyzers, 2021-2028 (In $ Million)
Figure 20: Global Laboratory Automation Market, by Software, 2021-2028 (In $ Million)
Figure 21: Global Software Market, by Laboratory Information Management Systems, 2021-2028 (In $ Million)
Figure 22: Global Software Market, by Laboratory Information System, 2021-2028 (In $ Million)
Figure 23: Global Software Market, by Chromatography Data System, 2021-2028 (In $ Million)
Figure 24: Global Software Market, by Electronic Lab Notebook, 2021-2028 (In $ Million)
Figure 25: Global Software Market, by Scientific Data Management System, 2021-2028 (In $ Million)
Figure 26: Global Laboratory Automation Market, Regional Outlook, 2020 and 2028 (In %)
Figure 27: United States Laboratory Automation Market 2021-2028 (In $ Million)
Figure 28: Canada Laboratory Automation Market 2021-2028 (In $ Million)
Figure 29: United Kingdom Laboratory Automation Market 2021-2028 (In $ Million)
Figure 30: Germany Laboratory Automation Market 2021-2028 (In $ Million)
Figure 31: France Laboratory Automation Market 2021-2028 (In $ Million)
Figure 32: Spain Laboratory Automation Market 2021-2028 (In $ Million)
Figure 33: Italy Laboratory Automation Market 2021-2028 (In $ Million)
Figure 34: Russia Laboratory Automation Market 2021-2028 (In $ Million)
Figure 35: Rest of Europe Laboratory Automation Market 2021-2028 (In $ Million)
Figure 36: China Laboratory Automation Market 2021-2028 (In $ Million)
Figure 37: Japan Laboratory Automation Market 2021-2028 (In $ Million)
Figure 38: India Laboratory Automation Market 2021-2028 (In $ Million)
Figure 39: South Korea Laboratory Automation Market 2021-2028 (In $ Million)
Figure 40: Asean Countries Laboratory Automation Market 2021-2028 (In $ Million)
Figure 41: Australia & New Zealand Laboratory Automation Market 2021-2028 (In $ Million)
Figure 42: Rest of Asia-Pacific Laboratory Automation Market 2021-2028 (In $ Million)
Figure 43: Brazil Laboratory Automation Market 2021-2028 (In $ Million)
Figure 44: Mexico Laboratory Automation Market 2021-2028 (In $ Million)
Figure 45: Rest of Latin America Laboratory Automation Market 2021-2028 (In $ Million)
Figure 46: United Arab Emirates Laboratory Automation Market 2021-2028 (In $ Million)
Figure 47: Turkey Laboratory Automation Market 2021-2028 (In $ Million)
Figure 48: Saudi Arabia Laboratory Automation Market 2021-2028 (In $ Million)
Figure 49: South Africa Laboratory Automation Market 2021-2028 (In $ Million)
Figure 50: Rest of Middle East & Africa Laboratory Automation Market 2021-2028 (In $ Million)