Modular Laboratory Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Modular Laboratory Automation Trends and Forecast

The future of the global modular laboratory automation market looks promising with opportunities in the drug discovery, genomic, proteomic, and clinical diagnostic markets. The global modular laboratory automation market grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing necessity for enhanced reproducibility, efficient handling of extensive data volumes, and increasing requirement for dependable automation solutions to fill the gap in skilled personnel shortage.

A more than 150-page report is developed to help in your business decisions.

Modular Laboratory Automation by Segment

The study includes a forecast for the global modular laboratory automation by equipment and software, application, and region.

Modular Laboratory Automation Market by Equipment and Software [Shipment Analysis by Value from 2018 to 2030]:

• Automated Liquid Handlers
• Automated Plate Handlers
• Robotic Arms
• Automated Storage and Retrieval Systems (ASRS)
• Software
• Analyzers

Modular Laboratory Automation Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Drug Discovery
• Genomics
• Proteomics
• Clinical Diagnostics
• Others

Modular Laboratory Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Modular Laboratory Automation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies modular laboratory automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the modular laboratory automation companies profiled in this report include-

• Thermo Fisher Scientific
• Danaher
• Becton Dickinson
• Siemens Healthcare
• Honeywell International

Modular Laboratory Automation Market Insights

Lucintel forecasts that automated liquid handler will remain the largest segment over the forecast period due to its increasing adoption in the biochemcial and chemcial laboratories as it reduces the run time while enhancing accuracy.

Within this market, clinical diagnostic will remain the largest segment due to rising demand for personalized healthcare.

APAC is expected to witness highest growth over the forecast period due to significantly growing pharmaceutical industry and rising investment in pharmaceutical research and development in the region.

Features of the Global Modular Laboratory Automation Market

Market Size Estimates: Modular laboratory automation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Modular laboratory automation market size by equipment and software, application, and region in terms of value ($B).

Regional Analysis: Modular laboratory automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different equipment and softwares, applications, and regions for the modular laboratory automation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the modular laboratory automation market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for modular laboratory automation market?

Answer: The global modular laboratory automation market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the modular laboratory automation market?

Answer: The major drivers for this market are growing necessity for enhanced reproducibility, efficient handling of extensive data volumes, and increasing requirement for dependable automation solutions to fill the gap in skilled personnel shortage.

Q3. What are the major segments for modular laboratory automation market?

Answer: The future of the modular laboratory automation market looks promising with opportunities in the drug discovery, genomic, proteomic, and clinical diagnostic markets.

Q4. Who are the key modular laboratory automation market companies?

Answer: Some of the key modular laboratory automation companies are as follows.

• Thermo Fisher Scientific
• Danaher
• Becton Dickinson
• Siemens Healthcare
• Honeywell International

Q5. Which modular laboratory automation market segment will be the largest in future?

Answer: Lucintel forecasts that automated liquid handler will remain the largest segment over the forecast period due to its increasing adoption in the biochemcial and chemcial laboratories as it reduces the run time while enhancing accuracy.

Q6. In modular laboratory automation market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing pharmaceutical industry and rising investment in pharmaceutical research and development in the region.

Q.7 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the modular laboratory automation market by equipment and software (automated liquid handlers, automated plate handlers, robotic arms, automated storage and retrieval systems (ASRS), software, and analyzers), application (drug discovery, genomics, proteomics, clinical diagnostics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?