Laboratory Automation Systems Market Analysis By Application (Clinical Diagnostics, Drug Discovery, Genomics Solutions, Proteomics Solutions, Others), By Type (Modular Automation Systems, Total Lab Automation Systems, Software & Informatics, Others), and By Region Forecast to 2032
- Report ID: ME_0045056
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 7.15 |
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The Laboratory Automation Systems Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 12,345.67 million. The growth of the market depends on several factors, including the increasing demand for high-throughput screening in drug discovery, the need for improved efficiency and accuracy in laboratory processes, and the rising adoption of automation in research and development activities. Laboratory automation systems refer to the integration of various instruments, devices, and software to automate laboratory workflows and processes. These systems enable scientists and researchers to perform experiments, analyze samples, and generate data with minimal human intervention, thereby enhancing productivity and reducing errors.
Laboratory Automation Systems Market Overview
Drivers
One of the key factors driving the laboratory automation systems market growth is the increasing demand for high-throughput screening in drug discovery. High-throughput screening (HTS) is a process used in drug discovery to quickly and efficiently test a large number of chemical compounds for their biological activity. With the growing need for new drugs and therapies, pharmaceutical companies are increasingly adopting HTS techniques to accelerate the drug discovery process. Laboratory automation systems play a crucial role in enabling high-throughput screening by automating various steps, such as sample preparation, compound handling, and data analysis. This not only saves time and resources but also improves the accuracy and reproducibility of the screening process, leading to better drug candidates. Hence, such factors are expected to drive market growth during the forecast period.
Trends
A key trend shaping the laboratory automation systems market growth is the integration of artificial intelligence (AI) and machine learning (ML) technologies. The integration of AI and ML in laboratory automation systems enables intelligent data analysis, predictive modeling, and decision-making, thereby enhancing the efficiency and effectiveness of laboratory processes. AI-powered automation systems can analyze large volumes of data, identify patterns, and generate insights that can aid in experimental design, optimization, and interpretation of results. Additionally, ML algorithms can learn from past experiments and suggest optimal conditions for future experiments, leading to improved productivity and cost savings. The increasing adoption of AI and ML in laboratory automation systems is expected to drive market growth during the forecast period.
Restraints:
One of the key challenges hindering the laboratory automation systems market growth is the high initial cost of implementation. Laboratory automation systems involve significant upfront investments in hardware, software, and infrastructure. Additionally, there are ongoing costs associated with maintenance, upgrades, and training. These costs can be a barrier for small and medium-sized laboratories with limited budgets. Moreover, the complexity of integrating different instruments, devices, and software into a seamless automation system can also pose challenges. Laboratories need to carefully evaluate the return on investment and long-term benefits before investing in laboratory automation systems. Hence, such factors are expected to hinder market growth during the forecast period.
Laboratory Automation Systems Market Segmentation By Application
The drug discovery segment is estimated to witness significant growth during the forecast period. Laboratory automation systems play a crucial role in accelerating the drug discovery process by automating various steps, such as compound screening, assay development, and data analysis. These systems enable high-throughput screening of large chemical libraries, allowing researchers to quickly identify potential drug candidates. Additionally, laboratory automation systems improve the reproducibility and reliability of experimental results, leading to better decision-making in the drug discovery process. The increasing demand for new drugs and therapies is expected to drive the growth of this segment, which in turn will drive the market growth during the forecast period.
The genomics segment is another significant application of laboratory automation systems. Genomics research involves the study of genes and their functions, and it generates large volumes of data. Laboratory automation systems enable high-throughput sequencing, sample preparation, and data analysis in genomics research, thereby improving efficiency and accuracy. These systems are widely used in applications such as DNA sequencing, gene expression analysis, and genotyping. The increasing focus on personalized medicine and precision healthcare is driving the demand for genomics research, which is expected to fuel the growth of this segment and drive the market growth during the forecast period.
Laboratory Automation Systems Market Segmentation By Type
The robotics and automation instruments segment is estimated to witness significant growth during the forecast period. Robotics and automation instruments are the core components of laboratory automation systems. These instruments include robotic arms, liquid handling systems, plate readers, and automated storage and retrieval systems. They enable the automation of various laboratory processes, such as sample handling, pipetting, mixing, and storage. Robotics and automation instruments improve the efficiency, accuracy, and reproducibility of laboratory workflows, leading to increased productivity and cost savings. The increasing adoption of laboratory automation systems in research and development activities is expected to drive the growth of this segment, which in turn will drive the market growth during the forecast period.
Regional Overview:
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Request pdf SampleNorth America is estimated to contribute 35% to the growth of the global market during the forecast period. The main factor significantly contributing to the growth of the laboratory automation systems market in North America is the presence of a well-established pharmaceutical and biotechnology industry. The region is home to several leading pharmaceutical companies, research institutions, and academic centers that extensively use laboratory automation systems in their drug discovery and research activities. Additionally, the availability of advanced infrastructure, favorable government initiatives, and a skilled workforce further support the adoption of laboratory automation systems in North America. Hence, such factors are expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global laboratory automation systems market witnessed a significant boost due to the increased demand for diagnostic testing and research related to the virus. Laboratory automation systems played a crucial role in scaling up testing capacity and improving the efficiency of diagnostic laboratories. Additionally, the need for remote and contactless laboratory operations further accelerated the adoption of laboratory automation systems. Such factors are expected to drive the market during the forecast period.
Laboratory Automation Systems Market Customer Landscape
The laboratory automation systems market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Laboratory Automation Systems Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Agilent Technologies Inc: The company offers laboratory automation systems such as Bravo Automated Liquid Handling Platform, AssayMAP Bravo Platform, and VWorks Automation Control Software.
Beckman Coulter Inc: The company offers laboratory automation systems such as Biomek i-Series Automated Workstations, Biomek FXP Laboratory Automation Workstation, and DART ID System.
PerkinElmer Inc: The company offers laboratory automation systems such as JANUS G3 Automated Workstation, Zephyr G3 NGS Workstation, and Sciclone G3 NGS Workstation.
The research report also includes detailed analyses of the competitive landscape of the market and information about 14 market companies, including:
- Abbott Laboratories
- Becton, Dickinson and Company
- Bruker Corporation
- Danaher Corporation
- Eppendorf AG
- Hamilton Company
- Hitachi, Ltd.
- PerkinElmer, Inc.
- Qiagen N.V.
- Roche Holding AG
- Siemens Healthineers AG
- Tecan Group Ltd.
- Thermo Fisher Scientific Inc.
- Waters Corporation
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The laboratory automation systems market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
- Clinical Diagnostics
- Drug Discovery
- Genomics Solutions
- Proteomics Solutions
- Others
- Type Outlook (USD Million, 2019 - 2032)
- Modular Automation Systems
- Total Lab Automation Systems
- Software & Informatics
- Others
- Geography Outlook (USD Million, 2019 - 2032)
- North America
- The U.S.
- Canada
- Europe
- K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
Table of Contents
1 Market Overview
1.1 Objectives of Research
1.1.1 Definition
1.1.2 Specifications
1.2 Market Segment
1.2.1 by Type
1.2.1.1 Robotics
1.2.1.2 Samples Handling System
1.2.1.3 Machine Vision
1.2.1.4 Others
1.2.2 by Application
1.2.2.1 Sample Testing
1.2.2.2 Experimental Operation
1.2.2.3 Others
1.2.3 by Regions
2 Industry Chain
2.1 Industry Chain Structure
2.2 Upstream
2.3 Market
2.3.1 SWOT
2.3.2 Dynamics
3 Environmental Analysis
3.1 Policy
3.2 Economic
3.3 Technology
3.4 Market Entry
4 Market Segmentation by Type
4.1 Market Size
4.1.1 Robotics Market, 2014-2018
4.1.2 Samples Handling System Market, 2014-2018
4.1.3 Machine Vision Market, 2014-2018
4.1.4 Others Market, 2014-2018
4.2 Market Forecast
4.2.1 Robotics Market Forecast, 2019-2026
4.2.2 Samples Handling System Market Forecast, 2019-2026
4.2.3 Machine Vision Market Forecast, 2019-2026
4.2.4 Others Market Forecast, 2019-2026
5 Market Segmentation by Application
5.1 Market Size
5.1.1 Sample Testing Market, 2014-2018
5.1.2 Experimental Operation Market, 2014-2018
5.1.3 Others Market, 2014-2018
5.2 Market Forecast
5.2.1 Sample Testing Market Forecast, 2019-2026
5.2.2 Experimental Operation Market Forecast, 2019-2026
5.2.3 Others Market Forecast, 2019-2026
6 Market Segmentation by Region
6.1 Market Size
6.1.1 Asia-Pacific
6.1.1.1 Asia-Pacific Market, 2014-2018
6.1.1.2 Asia-Pacific Market by Type
6.1.1.3 Asia-Pacific Market by Application
6.1.2 North America
6.1.2.1 North America Market, 2014-2018
6.1.2.2 North America Market by Type
6.1.2.3 North America Market by Application
6.1.3 Europe
6.1.3.1 Europe Market, 2014-2018
6.1.3.2 Europe Market by Type
6.1.3.3 Europe Market by Application
6.1.4 South America
6.1.4.1 South America Market, 2014-2018
6.1.4.2 South America Market by Type
6.1.4.3 South America Market by Application
6.1.5 Middle East & Africa
6.1.5.1 Middle East & Africa Market, 2014-2018
6.1.5.2 Middle East & Africa Market by Type
6.1.5.3 Middle East & Africa Market by Application
6.2 Market Forecast
6.2.1 Asia-Pacific Market Forecast, 2019-2026
6.2.2 North America Market Forecast, 2019-2026
6.2.3 Europe Market Forecast, 2019-2026
6.2.4 South America Market Forecast, 2019-2026
6.2.5 Middle East & Africa Market Forecast, 2019-2026
7 Market Competitive
7.1 Global Market by Vendors
7.2 Market Concentration
7.3 Price & Factors
7.4 Marketing Channel
8 Major Vendors
8.1 Siemens Healthcare GmbH
8.2 Thermo Fisher Scientific
8.3 HighRes Biosolutions
8.4 PerkinElmer
8.5 Tecan Group Ltd
8.6 Abbott Diagnostics
8.7 Agilent Technologies
8.8 BD
8.9 BioMerieux SA
8.10 Biotek Instruments
9 Conclusion
Table Product Specifications of Laboratory Automation Systems
Table Products Segment of Laboratory Automation Systems
Table Robotics Overview
Table Samples Handling System Overview
Table Machine Vision Overview
Table Others Overview
Table Global Laboratory Automation Systems Market by Type, 2011-2022 (USD Million)
Table Application Segment of Laboratory Automation Systems
Table Sample Testing Overview
Table Experimental Operation Overview
Table Others Overview
Table Global Laboratory Automation Systems Market by Application, 2011-2022 (USD Million)
Table Global Laboratory Automation Systems Market by Region, 2011-2022 (USD Million)
Table Cost of Laboratory Automation Systems
Table Market Dynamics
Table Policy of Laboratory Automation Systems
Table GDP of Major Countries
Table Robotics CAGR by Revenue and Volume, 2014-2018
Table Samples Handling System CAGR by Revenue and Volume, 2014-2018
Table Machine Vision CAGR by Revenue and Volume, 2014-2018
Table Others CAGR by Revenue and Volume, 2014-2018
Table Robotics CAGR by Revenue and Volume, 2014-2026
Table Samples Handling System CAGR by Revenue and Volume, 2014-2026
Table Machine Vision CAGR by Revenue and Volume, 2014-2026
Table Others CAGR by Revenue and Volume, 2014-2026
Table Sample Testing CAGR by Revenue and Volume, 2014-2018
Table Experimental Operation CAGR by Revenue and Volume, 2014-2018
Table Others CAGR by Revenue and Volume, 2014-2018
Table Global Laboratory Automation Systems Market by Vendors, 2014-2018 (USD Million)
Table Global Laboratory Automation Systems Market by Vendors, 2014-2018 (in Volume)
Table Global Laboratory Automation Systems Market Share by Vendors, 2014-2018 (USD Million)
Table Global Laboratory Automation Systems Market Share by Vendors, 2014-2018 (in Volume)
Table Price Factors List
Table Siemens Healthcare GmbH Profile List
Table Microecological Modulator Operating Data of Siemens Healthcare GmbH (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Thermo Fisher Scientific Profile List
Table Microecological Modulator Operating Data of Thermo Fisher Scientific (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table HighRes Biosolutions Profile List
Table Microecological Modulator Operating Data of HighRes Biosolutions (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table PerkinElmer Profile List
Table Microecological Modulator Operating Data of PerkinElmer (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Tecan Group Ltd Profile List
Table Microecological Modulator Operating Data of Tecan Group Ltd (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Abbott Diagnostics Profile List
Table Microecological Modulator Operating Data of Abbott Diagnostics (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Agilent Technologies Profile List
Table Microecological Modulator Operating Data of Agilent Technologies (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table BD Profile List
Table Microecological Modulator Operating Data of BD (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table BioMerieux SA Profile List
Table Microecological Modulator Operating Data of BioMerieux SA (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Biotek Instruments Profile List
Table Microecological Modulator Operating Data of Biotek Instruments (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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