Global Lab Automation Market 2022: Increased R&D Investments Driving 6.31% Annual Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Lab Automation Market Analysis by Type, by Application, by End User, and by Region – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.

The global lab automation market size is estimated to be USD 5.12 billion in 2021 and is expected to witness a CAGR of 6.31% during the forecast period. Increase in R&D investments by pharmaceutical industries is a key driver for the growth of the global lab automation market.

Additionally, rise in demand for process automation for the purpose of food safety and regulation of workflows in the lab automation market are some of the other drivers propelling the market growth. Nevertheless, slow rate of adoption for automation amid small and medium-sized laboratories and long incubation period for workflow execution are expected to restrain the global market growth.

Regional Insights

In 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the presence of leading players in the region, growth in initiatives from government, accessibility of technological advanced products in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the less stringent regulations, growing government and corporate investment in healthcare sector, investment by major players in the region, and availability of skilled labour forces at economic costs, are the major factors in this region.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The lab automation market report is categorized into the following segments and subsegments:

Lab Automation Market, By Type (Revenue, USD Billion, 2021 – 2029)

Equipment

• Automated ELISA Systems
• Automated Workstations
• Automated Liquid handling systems
• Automated Integrated Workstations
• Pipetting Systems
• Reagent Dispensers

Microplate Washers

• Automated Nucleic Acid Purification Systems
• Off-the-shelf Automated Work cells
• Pre-analytical Automation
• Post-analytical Automation
• Total Lab Automation
• Robotic Systems
• Robotic Arms

Track Robots

• Microplate readers
• Multi-mode Microplate Readers
• Filter-based
• Monochromator-based
• Hybrid
• Single-mode Microplate Readers
• Fluorescence
• Absorbance

Luminescence

• Automated Storage and Retrieval Systems
• Other Lab Automation Equipment

Software

• LIMS
• ELN
• LES
• SDMS

Lab Automation Market, By Application (Revenue, USD Billion, 2021 – 2029)

• Microbiology

Drug Discovery

• ADME Screening
• High-throughput Screening
• Compound Management
• Compound Weighing & Dissolution
• Other Drug Discovery Applications
• Genomics Solutions

Diagnostics

• Pre-analytics/Sample Preparation
• Sample Distribution, Splitting, and Archiving
• EIA
• Proteomics Solutions
• Other Applications

Lab Automation Market, By End User (Revenue, USD Billion, 2021 – 2029)

• Forensic Laboratories
• Biotechnology and Pharmaceutical Companies
• Hospitals and Diagnostic Laboratories
• Environmental Testing Laboratories
• Research and Academic Institutes
• Food & Beverage Industry

Lab Automation Market, By Region (Revenue, USD Billion, 2021 – 2029)

Key Topics Covered:

1. Research Methodology

2. Introduction: Lab Automation

3. Executive Summary

4. Market Dynamics

5. Market Environment Analysis

6. COVID-19 Impact Analysis: Lab Automation Market

7. Market Analysis by Type

8. Market Analysis by Application

9. Market Analysis by End User

10. Regional Market Analysis

11. North America Lab Automation Market

12. Europe Lab Automation Market

13. Asia Pacific Lab Automation Market

14. Latin America Lab Automation Market

15. MEA Lab Automation Market

16. Competitor Analysis

17. Company Profiles

18. Conclusion & Recommendations

Companies Mentioned

• Tecan Group. (Switzerland)
• PerkinElmer (U.S.)
• Thermo Fisher Scientific (U.S.)
• Agilent Technologies(U.S.)
• Danaher Corporation(U.S.)
• F. Hoffmann-La Roche(Switzerland)
• QIAGEN N.V.(Germany)
• Siemens Healthineers (Germany)
• Eppendorf AG (Germany)
• bioMerieux (France)
• Becton
• Dickinson and Company (U.S.)
• Hudson Robotics (U.S.)

For more information about this report visit https://www.researchandmarkets.com/r/38axcq

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