Lab automation market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The key factors contributing to the market growth include increasing investments and funding activities by key players and the government for the implementation, integration, and development of new technology in lab automation. For instance, in February 2022, Automata raised funding of $50 million to automate entire lab processes from start to finish in $7.4 million was focused on developing and deploying its Eva robotic arm. Thus attributed to funding and investment the companies and new start-ups are focusing on adopting and implementing new lab automation in daily practice which is attributed to contributing to the market growth. However, the higher cost of laboratory automation systems and slow adoption by small and medium-sized laboratories of lab automation are factors that hinder markt growth.
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The global lab automation market is segmented based on product type, application, and end-user. On the basis of product type, the market is segmented into automated workstations, microplate readers, automated ELISA systems, and automated nucleic acid purification systems. Based on the application, the market is subdivided into drug discovery, diagnostics, genomics solutions, proteomics solutions, microbiology, and others. Based on the end-user, the market is segmented into biotechnology and pharmaceutical companies, hospitals and diagnostic laboratories, research and academic institutes, forensic laboratories, environmental testing laboratories, and the food & beverage industry. Among the end-user segments biotechnology and Pharmaceutical, Companies segment is anticipated to hold a prominent share in the market due to the large presence of pharmaceutical companies globally and the raising adoption of robotics & laboratory automation. The shift of laboratory automation to R&D within pharmaceutical companies, and increasing product intricacy, pricing pressure are such factors that drive segmental growth in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Lab Automation Market By Product Type
- Automated Workstations
- Automated Liquid handling systems
- Automated Integrated Workstations
- Pipetting Systems
- Reagent Dispensers
- Microplate Washers
- Microplate readers
- Multi-mode Microplate Readers
- Filter-based
- Monochromator-based
- Hybrid
- Single-mode Microplate Readers
- Fluorescence
- Absorbance
- Luminescence
- Automated ELISA Systems
- Automated Nucleic Acid Purification Systems
- Off-the-shelf Automated Workcells
- Pre-analytical Automation
- Post-analytical Automation
- Total Lab Automation
- Robotic Systems
- Robotic Arms
- Track Robots
- Automated Storage and Retrieval Systems
- Software
- LIMS
- ELN
- LES
- SDMS
- Other Lab Automation Equipment(Includes barcode readers, weighing platforms, microplate coolers, tube recognition devices, bulk loaders, and automated cappers/decappers.)
Global Lab Automation Market By Application
- Drug Discovery
- ADME Screening
- High-throughput Screening
- Compound Management
- Compound Weighing & Dissolution
- Other Drug Discovery Applications
- Diagnostics
- Pre-analytics/Sample Preparation
- Sample Distribution, Splitting, and Archiving
- EIA
- Genomics Solutions
- Proteomics Solutions
- Microbiology
- Other Applications (Includes cell biology and biobanking)
Global Lab Automation Market By End-User
- Biotechnology and Pharmaceutical Companies
- Hospitals and Diagnostic Laboratories
- Research and Academic Institutes
- Forensic Laboratories
- Environmental Testing Laboratories
- Food & Beverage Industry
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Agilent Technologies, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- BMG LABTECH GmbH
- bioMérieux SA
- E & I Sales
- Eppendorf SE
- Gilson, Inc.
- Hamilton Bonaduz AG
- HighRes Biosolutions
- Hudson Robotics
- Labforward GmbH
- NSK Americas
- OPENTRONS
- Peak Analysis and Automation Ltd. (PAA)
- QIAGEN GmbH
- Synchron Lab Automation
- Sysmex Europe SE
- Tecan Group
- Thermo Fisher Scientific
- WATERS CORP
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lab automation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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