Lab Automation Market Size Segments and Growth Research Strategies 2030

Mon, 16 Sep 2024 06:38:13 +0000

Lab Automation Market Overview:

Maximize Market Research, a Lab Automation business research firm has published a report on the “Lab Automation Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Lab Automation Market:

Lab Automation Market size was valued at US$ 6.04 Bn. in 2023 and the total revenue is expected to grow at 8.1% through 2024 to 2030, reaching nearly US$ 10.42 Bn.

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Lab Automation Market Report Scope and Research Methodology:

The scope of the Lab Automation market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Lab Automation market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Lab Automation sector and capitalizing on growth prospects.

Lab Automation Market Regional Insights:

Improved dependability and increasing demand drive growth in the Lab Automation Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Lab Automation market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Lab Automation Market Segmentation:

by Product

Equipment’s
Automated Workstations
Robotic Systems
Microplate readers
Others
Software & Informatics
Workstations automation software
Laboratory Information Management System (LIMS)
Scientific Data management system
Electronic Laboratory notebook

by Type

Total Automation Systems
Modular Automation Systems

Total Automation Systems and Modular Automation Systems comprise the two segments of the global lab automation market. With a 48.3% market share in 2023, the Total Automation Systems category had the most share. due to the many benefits that these systems offer. Advances in this persuasion in various life science procedures have been identified as one of the primary driving factors predicted to propel the segment's expansion during the projected period. There are two types of automation systems available on the market: total automation systems and modular automation systems. Complete automation systems are further divided into steps for additional processing. Nowadays, a lot of drug discovery labs are using lab automation systems, such benchtop automation systems, mainly because they need to make repetitive tasks or technically challenging processes easier.

by Application

Clinical Chemistry Analysis
Photometry & Fluorometry
Immunoassay Analysis
Electrolyte Analysis
Other

The categories of Clinical Chemistry Analysis, Photometry & Fluorometry, Immunoassay Analysis, and Electrolyte Analysis comprise the global market for lab automation. With a market share of 27.4.6% in 2021, the Clinical Chemistry Analysis category held the highest share. This high percentage can be attributed to advancements in technology, a rise in automated systems offered by industry participants, and an increase in automated system usage due to the advantages of these systems—risk of contamination is decreased, human error is eliminated, and so on.

by End-User

Biotechnology & Pharmaceutical
Research Institutes
Hospitals & Private Labs
Forensic Laboratories
Others

The retail, healthcare, and pharmaceutical, manufacturing, transportation and logistics, energy and utilities, government, and others segments make up the worldwide lab automation market, which is further divided based on vertical. As of 2023, the Manufacturing category accounted for 36.6% of the total market share. The increasing number of manufacturing facilities in developing nations like Mexico and India has increased the amount of inventory and raw materials that are outsourced to these industries. For instance, the 'Make in India' program of the Indian government may increase domestic production since it heavily emphasizes the development of the domestic manufacturing sector. These initiatives contribute positively to the growth of the industrial sector over the anticipated period.

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Table of Content: Lab Automation Market

Part 01: Executive Summary

Part 02: Scope of the Lab Automation Market Report

Part 03: Global Lab Automation Market Landscape

Part 04: Global Lab Automation Market Sizing

Part 05: Global Lab Automation Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Lab Automation Market Key Players:

1. Tecan Group Ltd
2. Thermo Fisher Scientific Inc
3. Danaher Corporation
4. Hamilton
5. F. Hoffmann-La Roche Ltd.
6. Qiagen N.V.
7. Abbott Laboratories
8. Siemens AG
9. PerkinElmer Inc.
10. Agilent Technologies, Inc.
11. bioMerieux
12. Eppendorf
13. Bruker
14. Avantor
15. Smiths Group
16. Corning
17. Agilent
18. Roche
19. Bio-Rad
20. Gilson
21. Eppendorf
22. Beckman Coulter Life Sciences
23. PerkinElmer
24. Analytik Jena
25. VWR International
26. Shimadzu
27. SCIEX
28. HORIBA
29. Heska Corporation

Key questions answered in the Lab Automation Market are:

Who are the leading companies and what are their portfolios in Lab Automation Market?
What segments are covered in the Lab Automation Market?
Who are the key players in the Lab Automation market?
What is Lab Automation?
What was the Lab Automation market size in 2023?
What is the growth rate of the Lab Automation Market?
Which are the factors expected to drive the Lab Automation market growth?
What are the different segments of the Lab Automation Market?
What growth strategies are the players considering to increase their presence in Lab Automation?
What are the upcoming industry applications and trends for the Lab Automation Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Lab Automation Market?
What segments are covered in the Lab Automation Market?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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