Global Lab Automation Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of 5.6% during the forecast period.
Global Lab Automation Market Dynamics
Adoption of lab automation and investment in R&D to drive the market
At present time, the lab automation system is widely adopted to reduce the workload and improve the quality and performance of end-use industries. The biotech and pharma companies are investing a large part of their sales in R&D activities to meet the current need and remain competitive in the market. The pharma companies are promptly adopting lab automation equipment such as automated workstations, robotic systems, etc. to automate the experiment process. However, the Outburst of coronavirus led the government of various countries to invest more in the R&D of new drugs, vaccines, etc., which is expected to boost the market.
Slow adoption to restrain the market
The installation and maintenance cost of the automation equipments is too high. The SMEs operates with low budget and believes to reduce cost as much as possible, the adoption rate of lab automation system in SMEs is low, which is expected to restrain the market.
Improvement in healthcare sector to create opportunities for the market
The improvements are being done in the healthcare institutions in various countries. The clinical diagnostics centers have been promptly adopting a lab automation system to reduce the workload, cost, eliminate human errors, and increase turnaround time and the quality of the diagnostic centers. The above factors are expected to create many lucrative opportunities for the market during the forecast period.
Lack of awareness and flexibility to challenge the market
In some countries, the awareness about the lab automation system is very low and the lab automation system also requires a high level of flexibility as the laboratories require, which is expected to create challenges for the global lab automation market.
According to the TMR report, the equipment segment is expected to hold the largest market share of XX% of the global lab automation market by 2026. The equipment can be sub-segmented into automated workstations, robotic systems, microplate readers, and other automation equipments. From which the demand for automated workstations has been increasing to modify the traditional experiment process with automated process and to enhance performance & productivity. However, the increasing demand for automated liquid handling due to its benefits such as automatic sampling, mixing, and combining of liquids is expected to boost the market in the nearer future. Other factors like the increasing adoption of robotic systems and lab automation by pharma companies are expected to create many lucrative opportunities for the market.
Clinical diagnosis held the largest market share of XX% in 2019. The market share is attributed to the high adoption of automation by clinical laboratories. Increasing workloads at clinical laboratories the implementation of lab adoption helps to manage workload at low cost. The system also reduces the errors and malpractices made by human beings in subsampling, analytical operation, sample transportation, etc., and improves qualities in the diagnostics center, which is expected to boost the market in clinical labs.
North America is expected to witness highest growth during forecast period
North America is expected to dominate the market throughout the forecast period due to increasing investment in R&D of new drugs, genomics, etc. The countries like US and Canada are the prompt adopter of the lab automation system thanks to the availability of a large number of biotech and pharma companies and healthcare infrastructure. However, the region has the presence of major key players in lab automation, which is expected to boost the market in North America.
The Asia Pacific is expected to grow at a rapid pace during the forecast period. The growth can be attributed to the development of pharma companies and the modification of healthcare infrastructure in countries like India, China, and South Korea. The increasing awareness about lab automation has raised the demand for lab automation equipment in the region. However, the government invested a huge amount in the R&D activities in the region and the expansion and collaboration of foreign pharma companies in countries like India and China are expected to boost the market in the Asia Pacific.
The objective of the report is to present a comprehensive analysis of the global Lab Automation market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding global Lab Automation market dynamic, structure by analyzing the market segments and project global Lab Automation market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Lab Automation market make the report investor’s guide.
Global Lab Automation Market Key Players
• Tecan Group Ltd
• Thermo Fisher Scientific Inc
• Danaher Corporation
• Hamilton
• F. Hoffmann-La Roche Ltd.
• Qiagen N.V.
• Abbott Laboratories
• Siemens AG
• PerkinElmer Inc.
• Agilent Technologies, Inc.
• bioMerieux
• Eppendorf
• Bruker
• Avantor
• Smiths Group
• Corning
• Agilent
• Roche
• Bio-Rad
• Gilson
• Eppendorf
• Beckman Coulter Life Sciences
• PerkinElmer
• Analytik Jena
• VWR International
• Shimadzu
• SCIEX
• HORIBA
• Heska Corporation
• Zymo Research
• Omega Biotek
• Sigma-Aldrich, Inc.
• MACHEREY-NAGEL
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Lab Automation Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2019
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Lab Automation Market
3.4. Geographical Snapshot of the Lab Automation Market, By Manufacturer share
4. Global Lab Automation Market Overview, 2019-2026
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Lab Automation Market
5. Supply Side and Demand Side Indicators
6. Global Lab Automation Market Analysis and Forecast, 2019-2026
6.1. Global Lab Automation Market Size & Y-o-Y Growth Analysis.
7. Global Lab Automation Market Analysis and Forecasts, 2019-2026
7.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
7.1.1. Equipments
7.1.1.1. Automated workstations
7.1.1.2. Robotic systems
7.1.1.3. Microplate readers
7.1.1.4. Others
7.1.2. Software& informatics
7.1.2.1. Workstation automation software
7.1.2.2. Laboratory information management system (LIMS)
7.1.2.3. Scientific data management system
7.1.2.4. Electronic laboratory notebook
7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
7.2.1. Drug discovery
7.2.2. Clinical diagnostics
7.2.3. Genomics solutions
7.2.4. Proteomics solutions
7.2.5. Microbiology
7.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
7.3.1. Biotech & pharmaceutical
7.3.2. Research institutes
7.3.3. Hospitals & private labs
7.3.4. Forensic laboratories
7.3.5. Others
8. Global Lab Automation Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Lab Automation Market Analysis and Forecasts, 2019-2026
9.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
9.1.1. Equipments
9.1.1.1. Automated workstations
9.1.1.2. Robotic systems
9.1.1.3. Microplate readers
9.1.1.4. Others
9.1.2. Software& informatics
9.1.2.1. Workstation automation software
9.1.2.2. Laboratory information management system (LIMS)
9.1.2.3. Scientific data management system
9.1.2.4. Electronic laboratory notebook
9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
9.2.1. Drug discovery
9.2.2. Clinical diagnostics
9.2.3. Genomics solutions
9.2.4. Proteomics solutions
9.2.5. Microbiology
9.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
9.3.1. Biotech & pharmaceutical
9.3.2. Research institutes
9.3.3. Hospitals & private labs
9.3.4. Forensic laboratories
9.3.5. Others
10. North America Lab Automation Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Lab Automation Market Analysis and Forecasts, 2019-2026
11.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
11.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
12. Canada Lab Automation Market Analysis and Forecasts, 2019-2026
12.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
12.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
13. Mexico Lab Automation Market Analysis and Forecasts, 2019-2026
13.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
13.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
14. Europe Lab Automation Market Analysis and Forecasts, 2019-2026
14.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
14.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
15. Europe Lab Automation Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Lab Automation Market Analysis and Forecasts, 2019-2026
16.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
16.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
17. France Lab Automation Market Analysis and Forecasts, 2019-2026
17.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
17.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
18. Germany Lab Automation Market Analysis and Forecasts, 2019-2026
18.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
18.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
19. Italy Lab Automation Market Analysis and Forecasts, 2019-2026
19.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
19.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
20. Spain Lab Automation Market Analysis and Forecasts, 2019-2026
20.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
20.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
21. Sweden Lab Automation Market Analysis and Forecasts, 2019-2026
21.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
21.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
22. CIS Countries Lab Automation Market Analysis and Forecasts, 2019-2026
22.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
22.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
23. Rest of Europe Lab Automation Market Analysis and Forecasts, 2019-2026
23.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
23.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
24. Asia Pacific Lab Automation Market Analysis and Forecasts, 2019-2026
24.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
24.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
25. Asia Pacific Lab Automation Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Lab Automation Market Analysis and Forecasts, 2019-2026
26.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
26.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
27. India Lab Automation Market Analysis and Forecasts, 2019-2026
27.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
27.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
28. Japan Lab Automation Market Analysis and Forecasts, 2019-2026
28.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
28.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
29. South Korea Lab Automation Market Analysis and Forecasts, 2019-2026
29.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
29.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
30. Australia Lab Automation Market Analysis and Forecasts, 2019-2026
30.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
30.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
31. ASEAN Lab Automation Market Analysis and Forecasts, 2019-2026
31.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
31.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
32. Rest of Asia Pacific Lab Automation Market Analysis and Forecasts, 2019-2026
32.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
32.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
33. Middle East Africa Lab Automation Market Analysis and Forecasts, 2019-2026
33.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
33.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
34. Middle East Africa Lab Automation Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Lab Automation Market Analysis and Forecasts, 2019-2026
35.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
35.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
36. GCC Countries Lab Automation Market Analysis and Forecasts, 2019-2026
36.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
36.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
37. Egypt Lab Automation Market Analysis and Forecasts, 2019-2026
37.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
37.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
38. Nigeria Lab Automation Market Analysis and Forecasts, 2019-2026
38.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
38.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
39. Rest of ME&A Lab Automation Market Analysis and Forecasts, 2019-2026
39.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
39.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
40. South America Lab Automation Market Analysis and Forecasts, 2019-2026
40.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
40.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
41. South America Lab Automation Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Lab Automation Market Analysis and Forecasts, 2019-2026
42.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
42.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
43. Argentina Lab Automation Market Analysis and Forecasts, 2019-2026
43.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
43.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
44. Rest of South America Lab Automation Market Analysis and Forecasts, 2019-2026
44.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026
44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026
44.3. Market Size (Value) Estimates & Forecast By End-user, 2019-2026
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Lab Automation Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile: Key Players
45.3.1. Tecan Group Ltd
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. Thermo Fisher Scientific Inc
45.3.3. Danaher Corporation
45.3.4. Hamilton
45.3.5. F. Hoffmann-La Roche Ltd.
45.3.6. Qiagen N.V.
45.3.7. Abbott Laboratories
45.3.8. Siemens AG
45.3.9. PerkinElmer Inc.
45.3.10. Agilent Technologies, Inc.
45.3.11. bioMerieux
45.3.12. Eppendorf
45.3.13. Bruker
45.3.14. Avantor
45.3.15. Smiths Group
45.3.16. Corning
45.3.17. Agilent
45.3.18. Roche
45.3.19. Bio-Rad
45.3.20. Gilson
45.3.21. Eppendorf
45.3.22. Beckman Coulter Life Sciences
45.3.23. PerkinElmer
45.3.24. Analytik Jena
45.3.25. VWR International
45.3.26. Shimadzu
45.3.27. SCIEX
45.3.28. HORIBA
45.3.29. Heska Corporation
45.3.30. Zymo Research
45.3.31. Omega Biotek
45.3.32. Sigma-Aldrich, Inc.
45.3.33. MACHEREY-NAGEL
