Laboratory Automation Market Demand And Growth by 2023 – 2030 | BD, Abbott Diagnostics, Olympus

PRESS RELEASE
Published September 11, 2023

Infinity Business Insights has recently released its latest update on the Laboratory Automation Market, offering a comprehensive outlook on various aspects.
The study’s purpose is to provide foreign investors with a tool to assist them in making decisions that will have a significant influence on the Laboratory Automation Market. The research report will provide extensive data on the market’s entire global revenues, including historical assessments, as well as total revenues, total sales, key products, major drivers, and difficulties. The global Laboratory Automation market is expected to grow at a high CAGR between 2023 and 2030. It also highlights the importance of the Laboratory Automation market’s top players in the industry by providing business overviews, financial summaries, and SWOT analyses.

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Profitable players of the Laboratory Automation market are:
 BD, Abbott Diagnostics, Olympus, Thermo Fisher Scientific, Roche Holding, Hamilton Robotics, Siemens, Danaher Corporation, Tecan Group, Agilent Technologies, Biomérieux, Perkinelmer, Qiagen, Aurora Biomed, Biotek Instruments

The CAGR of the laboratory automation market from 2023 to 2030 is estimated to be 10.45%. This means that the market is expected to grow by 10.45% every year during this period. In terms of USD value, the market is projected to reach 11.60 billion by 2030. The Laboratory Automation Market is expanding rapidly as labs and research institutions strive to improve efficiency, accuracy, and productivity in their operations. The use of robots, software, and modern equipment to automate routine activities, sample processing, and data analysis in research and clinical labs is known as laboratory automation. The growing need for high-throughput screening, precision medicine, and drug development has pushed laboratory automation technologies to the forefront. Furthermore, the necessity for cost reduction, data integrity, and regulatory compliance has contributed to market expansion. The Laboratory Automation Market is positioned for long-term growth, with a focus on speeding scientific discovery and enhancing laboratory procedures.

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Laboratory Automation Market Segmentation

Types of Laboratory Automation Market are:
Software
Automated Workstations
Off-The-Shelf Automated Workcells
Microplate Readers
Robotic Systems
Automated Storage & Retrieval Systems
Other Equipments

Applications of Laboratory Automation Market are:
Hospitals and Diagnostic Laboratories
Research and Academic Institutes
Biotechnology and Pharmaceutical Companies

Essential regions of the Laboratory Automation market are:

– North America (Canada, Mexico, USA)

– Europe (Germany, France, Great Britain, Italy, Spain, Russia)

– Asia-Pacific (China, Japan, India, South Korea, Australia)

– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)

– South America (Brazil, Argentina)

“Laboratory Automation Market” Main Objective of the Report:
The primary objective of the “Laboratory Automation” report is to investigate and assess the current state, benefits, and challenges of implementing automation technologies in laboratory settings. This report aims to provide a comprehensive overview of how laboratory automation can enhance efficiency, accuracy, and productivity in scientific research and testing processes. It will examine the various automation solutions available, their applications across different scientific domains, and the potential impact on cost savings and research outcomes. By offering insights and recommendations, the report aims to guide laboratories and researchers in making informed decisions regarding the adoption and optimization of automation technologies.

Covid-19 Impact On “Laboratory Automation Market”:
The COVID-19 pandemic significantly impacted the laboratory automation market. Initially, the crisis disrupted supply chains and delayed the production and delivery of laboratory automation equipment. However, as the pandemic prompted increased demand for diagnostic testing, drug development, and vaccine research, laboratories rapidly adopted automation to enhance efficiency and throughput. This led to a surge in demand for laboratory automation solutions, including robotic systems and workflow software. The long-term impact is likely to include continued investments in laboratory automation technologies, with a focus on ensuring preparedness for future healthcare crises, improving research capabilities, and streamlining laboratory operations in various industries, including healthcare, pharmaceuticals, and biotechnology.

Report Highlights:

  • Laboratory Automation market share appraisals for the country and regional level segments
  • Combative landscape planning the significant customary trends
  • Laboratory Automation Market tendencies that involve product and technological analysis, drivers and constraints, PORTER’s five forces analysis
  • Premeditated advice in essential business segments based on the market estimations
  • Intentional guidance for new entrants
  • Laboratory Automation market prophesies all hinted segments, sub-segments, and regional market

Key Questions This Study Will Answer:

  1. What are the growth opportunities for the new entrants in the Global Laboratory Automation industry?
  2. Who are the leading players functioning in the Global Laboratory Automation marketplace?
  3. What are the key strategies participants are likely to adopt to increase their share in the Global Laboratory Automation industry?
  4. What is the competitive situation in the Global Laboratory Automation market?
  5. What are the emerging trends that may influence the Global Laboratory Automation market growth?
  6. Which product type segment will exhibit high CAGR in the future?
  7. Which application segment will grab a handsome share in the Global Laboratory Automation industry?
  8. Which region is lucrative for the manufacturers?

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Strategic Points Covered in Table of Content of Global Laboratory Automation Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Laboratory Automation market
Chapter 2: Exclusive Summary – the basic information of the Laboratory Automation Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Laboratory Automation
Chapter 4: Presenting the Laboratory Automation Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2017-2021
Chapter 6: Evaluating the leading manufacturers of the Laboratory Automation market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Conclusion:
The Laboratory Automation Market research report’s estimations and estimates examine the impact of different political, social, and economic factors, as well as current market conditions, on market growth. All of this important information will assist the reader in better understanding the market.

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