The Global Lab Automation Market Size is valued at USD 5.63 billion in 2023 and is predicted to reach USD 10.17 billion by the year 2031 at a 7.75% CAGR during the forecast period for 2024-2031.
By integrating technology into the lab, new and more effective procedures can be enabled and optimized. This is known as laboratory automation. The foundation for improving accuracy, quality, and standardization in clinical, nonclinical, and industrial contexts is laid by laboratory automation. Adopting laboratory automation increases the accuracy of experimental data and aids in speeding up general lab procedures, boosting productivity.
The battle between the top pharmaceutical and healthcare corporations to increase lab automation globally is mostly driven by the market's rising healthcare demand. The market participants are concentrating on offering a variety of tools, equipment, machines, and procedures to enable the creation and production of automated laboratory infrastructure.
Furthermore, Players in the market are putting more money and resources into developing cutting-edge processes and technology. Healthcare costs have increased due to several variables, including the aging population, the incidence of chronic diseases, growing drug prices, healthcare services, and administrative costs. In addition, the number of hospitals, private labs, clinical research centers, and diagnostics centers is growing, boosting demand for lab automation.
Furthermore, due to the increased need for specialized advanced automated services that remove human error, the market for laboratory automation is expanding. The market participants are coming up with more investments and funds to develop cutting-edge technology and methodologies to win most of the global market share. These participants place a greater emphasis on minimizing manual labor and hands-on time for the customarily labor-intensive activity.
The lab automation market is segmented based on process, type and end users. Based on process, the lab automation market is segmented as continuous flow and discrete processing. By type, the market is segmented into total automation systems, transport mechanisms, liquid handling, sample storage, sample analysis and modular automation systems. End user segment includes as clinical chemistry analysis photometry & fluorometry, immunoassay analysis, electrolyte analysis and other end-uses.
The total automation category will hold a major share of the global lab automation market in 2023 due to the numerous advantages that these systems provide. One of the key elements predicted to fuel the segment's growth shortly is the advancements in this discipline in various life science procedures. Systems with total automation are further divided into phases for subsequent processes. Many drug discovery laboratories are now implementing lab automation systems, such as benchtop machine learning systems, to facilitate repetitive processes or technically difficult tasks. The high-end automation in modular systems and instruments offers a wide range of incredibly user-friendly capabilities. Most instruments may be connected to IT to fully utilize laboratory automation, which provides automated solutions for each lab operation stage.
The discrete processing segment is projected to grow rapidly in the global lab automation market. This is explained by several benefits discrete processing has over continuous flow, which is expected to encourage adoption during the projected period. Every sample is given its own discrete space in discrete processing, which improves the investigation samples used in this method. Thus, unlike continuous flow processing, there is no waste of extra reagents used for the flow. Because of this category's many benefits over continuous processing, it is expected to increase significantly during the projected period.
The North America lab automation market is expected to report the highest market share in revenue shortly. The region's microbiological laboratories look for cutting-edge technical solutions to handle the high volume of samples and scarce staffing. In the US, a few significant firms, like BD Kiestra and Copan Diagnostics Inc., commercialize partial or full lab automation systems for bacteriology. This creates a significant opportunity for lab automation suppliers, which might accelerate the market's expansion over the forecast period. In addition, Asia Pacific is projected to grow rapidly in the global Lab Automation market due to growing environmental concerns, rapid industrialization, government initiatives, and increasing funding in various industries.
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Report Attribute |
Specifications |
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Market size value in 2023 |
USD 5.63 Bn |
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Revenue forecast in 2031 |
USD 10.17 Bn |
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Growth rate CAGR |
CAGR of 7.75% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Billion and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Process, Type And End Users |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
F. Hoffmann-La Roche, Qiagen N.V., PerkinElmer Inc., Thermo Fisher Scientific, Inc., Siemens Healthineers, Danaher Corporation, Agilent Technologies, Inc., Bio Tek Instruments, Inc., Eppendorf AG, Hudson Robotics, Aurora Biomed Inc., BMG LABTECH GMBH, Tecan Group Ltd., Hamilton Company. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Lab Automation Market Snapshot
Chapter 4. Global Lab Automation Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Process Estimates & Trend Analysis
5.1. by Process & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Process:
5.2.1. Continuous Flow
5.2.1.1. By Workflow
5.2.1.1.1. Sequential Processing
5.2.1.1.2. Parallel Processing
5.2.1.2. By Components
5.2.1.2.1. Consumables
5.2.1.2.2. Equipment
5.2.2. Discrete Processing
5.2.2.1. By Method
5.2.2.1.1. Centrifugal Discrete Processing
5.2.2.1.2. Random Access Discrete Processing
5.2.2.2. By Components
5.2.2.2.1. Consumables
5.2.2.2.2. Equipment
5.2.2.3. By Workflow
5.2.2.3.1. Dependent Analysis
5.2.2.3.2. Independent Analysis
Chapter 6. Market Segmentation 2: by Type Estimates & Trend Analysis
6.1. by Type & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
6.2.1. Total Automation Systems
6.2.1.1. Pre-analysis
6.2.1.1.1.1. Centrifugation
6.2.1.1.1.2. Sample Preparation
6.2.1.1.1.3. Sample Sorting
6.2.1.2. Transport Mechanisms
6.2.1.3. Liquid Handling
6.2.1.4. Sample Storage
6.2.1.5. Sample Analysis
6.2.2. Modular Automation Systems
6.2.2.1. Specimen Acquisition & Identification & Labelling
6.2.2.2. Transport Mechanisms
6.2.2.3. Sample Preparation
6.2.2.4. Sample Loading & Aspiration
6.2.2.5. Reagent Handling & Storage
6.2.2.6. Sample Analysis & Measurements
Chapter 7. Market Segmentation 3: by End-use Estimates & Trend Analysis
7.1. by End-use & Market Share, 2023 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-use:
7.2.1. Clinical Chemistry Analysis
7.2.2. Photometry & Fluorometry
7.2.3. Immunoassay Analysis
7.2.4. Electrolyte Analysis
7.2.5. Other end-uses
Chapter 8. Lab Automation Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Process, 2023-2031
8.1.2. North America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
8.1.3. North America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
8.1.4. North America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
8.2. Europe
8.2.1. Europe Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Process, 2023-2031
8.2.2. Europe Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
8.2.3. Europe Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
8.2.4. Europe Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Process, 2023-2031
8.3.2. Asia Pacific Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
8.3.3. Asia-Pacific Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
8.3.4. Asia Pacific Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
8.4. Latin America
8.4.1. Latin America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Process, 2023-2031
8.4.2. Latin America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
8.4.3. Latin America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
8.4.4. Latin America Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
8.5. Middle East & Africa
8.5.1. Middle East & Africa Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Process, 2023-2031
8.5.2. Middle East & Africa Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by Type, 2023-2031
8.5.3. Middle East & Africa Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2023-2031
8.5.4. Middle East & Africa Lab Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. F. Hoffmann-La Roche
9.2.2. Qiagen N.V
9.2.3. PerkinElmer Inc
9.2.4. Thermo Fisher Scientific, Inc
9.2.5. Siemens Healthineer
9.2.6. Danaher Corporation
9.2.7. Agilent Technologies, Inc.
9.2.8. Bio Tek Instruments, Inc
9.2.9. Eppendorf A
9.2.10. Hudson Robotics
9.2.11. Aurora Biomed Inc
9.2.12. BMG LABTECH GMBH
9.2.13. Tecan Group Ltd.
9.2.14. Hamilton Company
9.2.15. Other Prominent Players
Lab Automation Market By Process
Lab Automation Market By Type
Lab Automation Market By End-use
Lab Automation Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
