Laboratory Automation Market to grow faster by the end of 2025

Posted by Sanket Solanki on May 6th, 2019

The laboratory automation helps speed up different laboratory processes such as, drug discovery, vaccine production, and others. It refers to the use of clinical laboratory machines, equipment, and instruments, which analyze many samples in the laboratory that require minimal human intervention. This encompasses the use of robots, conveyors, computer hardware & software, and machine vision. It increases the speed of experiments and production, with the least chances of contamination.

Download Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/2708

Advancements in drug discovery and clinical diagnostics, benefits of lab automation over traditional laboratory, shortage of laboratory professionals, and miniaturization of processes resulting in low reagent costs and high productivity drive the market. However, low priority for lab automation among small and medium-sized laboratories and lack of planning for technology development can pose as a barrier to the growth of the market. Further, emerging markets of various pharmaceuticals and chemicals along with the need for flexible and integrated solutions make way for market growth opportunities.

The report segments the laboratory market on the basis of equipment & software, applications, type, end users, and regions. Based on equipment & software, it is divided into automated liquid handling, microplate readers, software & informatics, standalone robots, automated storage & retrieval systems (ASRS), and other equipment & software. Based on applications, it is classified into drug discovery, clinical diagnostics, genomics solutions, proteomics solutions, and other applications. According to type, the market is bifurcated into modular automation and whole lab automation. In terms of end users, the market is segmented into biotechnology and pharmaceutical industries, research institutes, hospitals and private labs, and institutes. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players in the laboratory automation market are Tecan Group Ltd., Perkinelmer, Inc., Danaher Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Qiagen N.V., Roche Holding AG, Siemens AG, Hamilton Robotics, Inc., and Biomrieux SA.

Key Benefits

• The study provides an in-depth analysis of the laboratory automation market, with current trends and future estimations to elucidate the imminent investment pockets.
• Extensive analysis of the market by product type elucidates various available laboratory automation forms.
• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
• This report entails the detailed quantitative analysis of the current market trends and estimations through 20162023, which assists to identify the prevailing market opportunities.

Laboratory Automation Market Key Segmentation:

By Equipment & Software

• Automated Liquid Handling
• Microplate Readers
• Filter-Based Readers
• Monochromator-Based Readers
• Hybrid Readers
• Fluorescence Intensity Detection
• Absorbance Detection
• Luminescence Detection
• Other Single-Mode Microplate Detectors
• Software and Informatics
• Standalone Robots
• Automated Storage and Retrieval Systems
• Other Equipment and Software

By Application

• Drug Discovery
• Clinical Diagnostics
• Genomics Solutions
• Proteomics Solutions
• Other Applications

By Type

• Modular Automation
• Total Lab Automation

By End User

• Biotechnology and Pharmaceutical Industries
• Research Institutes
• Hospitals and Private Labs
• Academic Institutes

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client's insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.