Global Lab Automation Market Size study & Forecast, by Process, By Automation Type, By End-use and Regional Analysis, 2023-2030

Description

List of Tables

Global Lab Automation Market is valued at approximately USD 5.6 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.1% over the forecast period 2023-2030. The lab automation market is concerned with the application of technology and equipment to automate laboratory activities such as sample preparation, data analysis, and testing. Lab automation is becoming more common across a wide range of businesses, including pharmaceuticals, biotechnology, clinical diagnostics, and academic research. Automation can increase throughput, enhance experiment accuracy & reproducibility, remove human variability as well as error, and improve experiment correctness, all of which lead to more rapid and effective research and development. The lab automation market is likely to expand in the future, owing to rising demand for personalized medicine, the need for speedier R&D in the pharmaceutical industry, and the continued trend towards laboratory digitization and automation.

Additionally, the growing need for faster research and development and improvisation of healthcare across the emerging nations is acting as a major driver for the lab automation market. According to the Invest India, the Indian medical technology sector is projected to be worth USD 11 billion by 2030, with a CAGR of 15% over the last three years. According to International Trade Administration, in 2023, China's medical device sector is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 8.3% from 2021 to 2026, reaching $48.8 billion. Three-quarters of China's sector for medical device imports were made up of American providers, who accounted for 27.2% of China's $5.62 billion worth of medical device imports in 2021. Diagnostic imaging and consumables accounted for over 50% of the market value in the medical device subsegments. Moreover, the increasing number of lab automation applications is projected to accelerate the market growth in the near future. Among them are the generation of cell lines, synthetic biology, genomics, cellular tests, and drug discovery. Another factor anticipated to have a substantial impact on market growth in the near future is an increase in demand for miniaturization. However, the difficulty in the adoption of lab automation by small and medium sized industry turned out to be a restraint in the growth of the lab automation market.

The key regions considered for the Global Lab Automation Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the lab automation market in 2022 and is likely to hold this position throughout the forecast period. The presence of well-established healthcare infrastructure has contributed to a rise in the region's adoption of lab automation technologies. Furthermore, the local presence of significant businesses and a supportive reimbursement system in this region are driving market penetration of revolutionary solutions. Asia Pacific is expected to be the fastest growing region during the forecast period, due the factors such as increasing initiatives by regional and international players to provide accessibility to novel lab automation solutions in the market.

Major market players included in this report are:

Qiagen N.V.
PerkinElmer Inc.
Thermo Fisher Scientific, Inc.
Siemens Healthineers
Danaher Corporation
Agilent Technologies, Inc.
Bio Tek Instruments, Inc.
Eppendorf Tube
Hudson Robotics, Inc.
Aurora Biomed Inc.

Recent Developments in the Market:

In January 2023, Agilent Technologies recently acquired Avida Biomed, a startup life science company that develops high-performance target-enrichment techniques with unique capabilities for clinical researchers employing next-generation sequencing techniques to study cancer.
In March 2021, Agilent Technologies and GRAIL, a healthcare startup focused on early cancer detection, announced a collaboration to create a next-generation sequencing (NGS) tool for cancer diagnosis. The cooperation is expected to increase the efficiency and accuracy of the NGS assay by leveraging Agilent's automation and sample preparation capabilities.

Global Lab Automation Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Process, Automation Type, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process:

Continuous Flow
Discrete Processing

By Automation Type:

Total Automation Systems
Modular Automation Systems

By End Use:

Clinical Chemistry Analysis,
Photometry & Fluorometry
Immunoassay Analysis
Electrolyte Analysis
Other end-uses

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Lab Automation Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Lab Automation Market, by Process, 2020-2030 (USD Billion)
- 1.2.3. Lab Automation Market, by Automation Type, 2020-2030 (USD Billion)
- 1.2.4. Lab Automation Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Lab Automation Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Lab Automation Market Dynamics

3.1. Lab Automation Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising Demand for Personalised medicine
  - 3.1.1.2. Need For Speedier R&D in the Pharmaceutical Sector
  - 3.1.1.3. Need for the Elimination Of human Error
- 3.1.2. Market Challenges
  - 3.1.2.1. Low Uptake By small and medium sized industries
  - 3.1.2.2. High Cost of Lab Automation Techniques
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing number of Applications for Lab Automation
  - 3.1.3.2. Increasing Trend for Miniaturization

Chapter 4. Global Lab Automation Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Lab Automation Market, by Process

5.1. Market Snapshot
5.2. Global Lab Automation Market by Process, Performance - Potential Analysis
5.3. Global Lab Automation Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
5.4. Lab Automation Market, Sub Segment Analysis
- 5.4.1. Continuous Flow
- 5.4.2. Discrete Processing

Chapter 6. Global Lab Automation Market, by automation Type

6.1. Market Snapshot
6.2. Global Lab Automation Market by automation Type, Performance - Potential Analysis
6.3. Global Lab Automation Market Estimates & Forecasts by automation Type 2020-2030 (USD Billion)
6.4. Lab Automation Market, Sub Segment Analysis
- 6.4.1. Total Automation Systems
- 6.4.2. Modular Automation Systems

Chapter 7. Global Lab Automation Market, by End Use

7.1. Market Snapshot
7.2. Global Lab Automation Market by End Use, Performance - Potential Analysis
7.3. Global Lab Automation Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Lab Automation Market, Sub Segment Analysis
- 7.4.1. Clinical Chemistry Analysis,
- 7.4.2. Photometry & Fluorometry
- 7.4.3. Immunoassay Analysis
- 7.4.4. Electrolyte Analysis
- 7.4.5. Other end-uses

Chapter 8. Global Lab Automation Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Lab Automation Market, Regional Market Snapshot
8.4. North America Lab Automation Market
- 8.4.1. U.S. Lab Automation Market
  - 8.4.1.1. Process breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. automation Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Lab Automation Market
8.5. Europe Lab Automation Market Snapshot
- 8.5.1. U.K. Lab Automation Market
- 8.5.2. Germany Lab Automation Market
- 8.5.3. France Lab Automation Market
- 8.5.4. Spain Lab Automation Market
- 8.5.5. Italy Lab Automation Market
- 8.5.6. Rest of Europe Lab Automation Market
8.6. Asia-Pacific Lab Automation Market Snapshot
- 8.6.1. China Lab Automation Market
- 8.6.2. India Lab Automation Market
- 8.6.3. Japan Lab Automation Market
- 8.6.4. Australia Lab Automation Market
- 8.6.5. South Korea Lab Automation Market
- 8.6.6. Rest of Asia Pacific Lab Automation Market
8.7. Latin America Lab Automation Market Snapshot
- 8.7.1. Brazil Lab Automation Market
- 8.7.2. Mexico Lab Automation Market
8.8. Middle East & Africa Lab Automation Market
- 8.8.1. Saudi Arabia Lab Automation Market
- 8.8.2. South Africa Lab Automation Market
- 8.8.3. Rest of Middle East & Africa Lab Automation Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Qiagen N.V.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. PerkinElmer Inc.
- 9.3.3. Thermo Fisher Scientific, Inc.
- 9.3.4. Siemens Healthineers
- 9.3.5. Danaher Corporation
- 9.3.6. Agilent Technologies, Inc.
- 9.3.7. Bio Tek Instruments, Inc.
- 9.3.8. Eppendorf Tube
- 9.3.9. Hudson Robotics, Inc.
- 9.3.10. Aurora Biomed Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Lab Automation Market, report scope
TABLE 2. Global Lab Automation Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Lab Automation Market estimates & forecasts by Process 2020-2030 (USD Billion)
TABLE 4. Global Lab Automation Market estimates & forecasts by automation Type 2020-2030 (USD Billion)
TABLE 5. Global Lab Automation Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6. Global Lab Automation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Lab Automation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Lab Automation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Lab Automation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Lab Automation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Lab Automation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Lab Automation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Lab Automation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Lab Automation Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Lab Automation Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Lab Automation Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Lab Automation Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Lab Automation Market
TABLE 71. List of primary sources, used in the study of global Lab Automation Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Lab Automation Market, research methodology
FIG 2. Global Lab Automation Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Lab Automation Market, key trends 2022
FIG 5. Global Lab Automation Market, growth prospects 2023-2030
FIG 6. Global Lab Automation Market, porters 5 force model
FIG 7. Global Lab Automation Market, pest analysis
FIG 8. Global Lab Automation Market, value chain analysis
FIG 9. Global Lab Automation Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Lab Automation Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Lab Automation Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Lab Automation Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Lab Automation Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Lab Automation Market, regional snapshot 2020 & 2030
FIG 15. North America Lab Automation Market 2020 & 2030 (USD Billion)
FIG 16. Europe Lab Automation Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Lab Automation Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Lab Automation Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Lab Automation Market 2020 & 2030 (USD Billion)