NEW
YORK, July 31, 2024 /PRNewswire/ -- The global
laboratory automation systems market size is estimated to grow by
USD 2.01 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 8.68% during the forecast period. Increasing
demand for laboratory automation software services is driving
market growth, with a trend towards rising number of
FDA-approved manufacturing facilities in developing nations.
However, lack of adoption of automated solutions by
small-scale and medium-scale laboratories poses a challenge.
Key market players include Abbott Laboratories, Agilent
Technologies Inc., Becton Dickinson
and Co., Bee Robotics Ltd., Biosero Inc., Cognex Corp., Eppendorf
SE, F. Hoffmann La Roche Ltd., Gilson Inc., LabVantage Solutions
Inc., LabWare Inc., Olympus Corp., PerkinElmer Inc, QIAGEN NV,
SCINOMIX, Siemens AG, SPT Labtech Ltd., Tecan Trading AG, and
Thermo Fisher Scientific Inc..
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Laboratory
Automation Systems Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
8.68%
|
Market growth
2024-2028
|
USD 2.01
billion
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
8.26
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
42%
|
Key
countries
|
US, Germany, UK, China,
and Japan
|
Key companies
profiled
|
Abbott Laboratories,
Agilent Technologies Inc., Becton Dickinson and Co., Bee Robotics
Ltd., Biosero Inc., Cognex Corp., Eppendorf SE, F. Hoffmann La
Roche Ltd., Gilson Inc., LabVantage Solutions Inc., LabWare Inc.,
Olympus Corp., PerkinElmer Inc, QIAGEN NV, SCINOMIX, Siemens AG,
SPT Labtech Ltd., Tecan Trading AG, and Thermo Fisher Scientific
Inc.
|
Market Driver
The outsourcing of medical device manufacturing and drug
discovery is a significant trend in the healthcare industry, driven
by the need for US FDA-approved facilities, skilled labor at
reasonable costs, and adherence to World Health Organization-Good
Manufacturing Practice (WHO-GMP) standards. India is an attractive destination for
healthcare contract research outsourcing due to its large number of
US FDA-approved manufacturing plants, a talented workforce, and
cost advantages. The implementation of product patents under the
World Trade Organization Trade-Related Aspects of Intellectual
Property Rights (TRIPS) agreement in 2005 further fueled
outsourcing from developed markets. With the increasing demand for
high-volume product orders, developing countries are investing in
infrastructure and expertise, leading to the growth of the global
laboratory automation systems market. The availability of efficient
and cost-effective drug discovery in these countries is also
contributing to market expansion during the forecast
period.
Laboratory automation systems are trending in the scientific
community due to their ability to increase productivity, ensure
safe working conditions, and provide reliable results in less time
and effort. Integrated systems are becoming the norm, addressing
issues like sample contamination and streamlining workflows.
Automation dependence is growing, with robots restocking shelves
and handling samples, while wireless connectivity enables seamless
data transfer. High-throughput compound screening and fragment
screening are key applications, with computer modeling and machine
learning aiding potential therapeutic candidates' discovery. FDA
clearance is crucial for life-saving medical equipment, while
precision medicine development relies on automated instruments for
process automation. Sample handling, verifications, and labeling
tubes are essential components, ensuring accurate results.
Manufacturing machinery benefits from automation, reducing costs
and improving efficiency. Immersive experiences and wireless
connectivity enhance the user experience, making laboratory
automation technology an indispensable tool for clinical
laboratories.
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Market Challenges
- Small- and medium-scale laboratories typically handle a lower
volume of samples and focus on specific applications, such as
diagnosis and testing of biological samples. Due to limited
budgets, staff, and planning, automation is not a priority for
these laboratories. Additionally, they often lack the necessary
floor space for large-scale automation systems. In contrast,
large-scale facilities can afford advanced automated solutions for
processes like chemically relevant compound profiling, high-content
screening, and large-scale cell culture development. However,
small- and medium-scale laboratories are hesitant to invest in
these technologically advanced products due to high maintenance and
service costs related to laboratory informatics solutions. The lack
of knowledge among professionals managing these laboratories
regarding the benefits of automation further hinders adoption.
These factors limit the growth of the global laboratory automation
systems market during the forecast period.
- The Laboratory Automation Systems market is witnessing
significant growth due to the increasing demand for automated
solutions in various industries such as healthcare, food safety,
and research. However, challenges persist in this market, including
physical strain on lab personnel, miniaturization requirements in
microbiology and biotechnology, and the need for accurate data
analysis in clinical chemistry. To address these challenges,
automated systems are being adopted for tasks like liquid handling,
data management, and sample preparation. Government legislation,
regulatory requirements, and budget constraints are also driving
the market for automated systems. The total automation segment,
including automated workstations and robotic systems, is
experiencing high demand, especially in diagnostics, drug
discovery, genomics, and proteomics. Customization services are
essential to meet the unique needs of laboratories, whether high
volume or specialized in forensics or healthcare applications. The
market is expected to continue growing, offering benefits such as
reduced repetitiveness, human intervention, time cycle, and
improved data quality.
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challenges - Request a sample report!
Segment Overview
This laboratory automation systems market report extensively
covers market segmentation by
- End-user
- 1.1 Pharmaceutical and biotechnology companies
- 1.2 Clinical and reference laboratories
- 1.3 Academic institutions and research organizations
- 1.4 Others
- Type
- 2.1 Equipment
- 2.2 Software
- 2.3 services
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Pharmaceutical and biotechnology
companies- Pharmaceutical and biotechnology companies are
increasingly utilizing laboratory automation systems for
high-content screening (HCS) applications in their drug discovery
processes. Automated liquid handling systems are commonly used for
screening clinically relevant compounds, isolating those with
specific properties, and quantifying and analyzing screening
assays. These systems can operate for extended periods with minimal
supervision, enabling companies to focus on their core work and
reduce time spent on repetitive tasks. Innovations like integrating
analytical systems with software programs expedite the process and
make it cost-effective. Longer runtimes and larger system sizes are
further driving adoption. The emergence of new pharmaceutical and
biotech firms focusing on novel drugs and molecular therapies is
fueling market growth in this sector during the forecast
period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
Laboratory Automation Systems (LAS) are technological solutions
designed to automate various laboratory processes, enhancing
productivity, ensuring safe working conditions, and delivering
reliable results. LAS encompasses automation of process steps such
as sample handling, liquid handling, high throughput analysis,
clinical chemistry analysis, and immunoassay analysis. These
systems enable advanced data management, reduced human
intervention, and total automation in segments like healthcare
applications, clinical laboratories, diagnostic laboratories, and
research institutions. Automated workstations and robotic systems
are integral components of LAS, streamlining sample preparation and
data analysis. LAS plays a pivotal role in improving laboratory
efficiency, reducing errors, and ensuring consistent and accurate
results.
Market Research Overview
Laboratory automation refers to the use of technology to
automate various processes in laboratories, including the use of
automated instruments for sample handling, verifications, labeling
tubes, and data analysis. This technology offers numerous benefits,
such as increased productivity, safe working conditions, reliable
results, and reduced time and effort. Automated systems are used
extensively in clinical laboratories, microbiology, biotechnology,
clinical chemistry, and immunoassay analysis, among others. The
market for laboratory automation systems is driven by the need for
efficient and accurate laboratory processes, regulatory
requirements, and government legislation. Automation enables
reduction of repetitiveness and human intervention, resulting in
enhanced workflow scope, reduced time cycle, and improved data
quality. Automated liquid handlers, sample preparation, and data
management are key components of laboratory automation systems.
Miniaturization and immersive experience are emerging trends, with
wireless connectivity and robots restocking shelves adding to the
convenience. End users in the healthcare sector, including
hospitals and diagnostic laboratories, are major consumers of
laboratory automation systems. Budget constraints and emerging
countries present opportunities for growth in the market. The
diagnostics segment, including drug discovery, genomics solutions,
proteomics solutions, and forensic laboratories, is a significant
contributor to the market. Automated workstations, off-the-shelf
automated workcells, and robotic systems are popular solutions. The
total automation segment, with customization services, is gaining
popularity due to the increasing complexity of laboratory needs.
High volume laboratories, tables and accessories, and healthcare
applications are other areas of focus. Laboratory automation
systems offer significant benefits, including reduced
repetitiveness, increased productivity, and improved data quality.
However, challenges such as sample contamination, automation
dependence, and FDA clearance must be addressed to ensure the
success of these systems. Machine learning, InsilicoMedicine, and
precision medicine development are emerging areas of application
for laboratory automation systems. The potential therapeutic
candidates identified through high-throughput compound screening
and fragment screening offer significant opportunities for
advancements in healthcare and manufacturing machinery.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Pharmaceutical And Biotechnology Companies
- Clinical And Reference Laboratories
- Academic Institutions And Research Organizations
- Others
- Type
-
- Equipment
- Software
- Services
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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