Faster, Smarter, Safer: The Expanding Role of Automation in Labs

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The size of the lab automation market was estimated at US$ 6.04 billion in 2023, and it is anticipated that total revenue will increase at an 8.1% annual rate through 2024 to 2030, reaching around US$ 10.42 billion.

Maximize Market Research: Comprehensive Market Insights and Strategic Guidance

Maximize Market Research (MMR) is pleased to unveil a detailed and insightful analysis of the Lab Automation Market. Our latest report delves deeply into the current state of the industry, providing valuable business insights, demand forecasts, competitive analysis, and pricing strategies. This study aims to empower stakeholders with a comprehensive understanding of the Lab Automation market, equipping them with actionable knowledge to navigate current and future market dynamics.

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In-Depth Market Analysis:

The Lab Automation market report covers essential aspects of industry growth, identifying key drivers and potential challenges. Our research sheds light on the competitive landscape, offering a closer look at leading companies, their product portfolios, and growth strategies. The report includes both qualitative and quantitative analyses, ensuring a thorough understanding of the market's current status and future prospects.

The scope of the report also includes a detailed regional breakdown, covering Europe, Asia Pacific, Latin America, Africa, and the Middle East. This geographical analysis offers a complete picture of market performance across various regions, helping businesses understand local market conditions, growth patterns, and trade dynamics.

Methodology:

MMR’s research methodology integrates primary and secondary data sources, including government publications, expert assessments, and industry reports. Our insights are drawn from thorough market investigations and a wide array of resources, ensuring the most accurate and up-to-date analysis of the Lab Automation market.

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Segmentation Analysis:

by Product 

Equipment’s

Automated Workstations

Robotic Systems

Microplate readers

Others

Software Informatics

Workstations automation software

Laboratory Information Management System (LIMS)

Scientific Data management system

Electronic Laboratory notebook

by Type 

Total Automation Systems

Modular Automation Systems

Modular automation systems and total automation systems make up the two segments of the global lab automation market. With a 48.3% market share in 2023, the Total Automation Systems category led the industry. due to the many benefits that these systems offer. Advances in this persuasion in several life science procedures have been one of the key drivers anticipated to drive the segment's rise over the projected period.

by Application

 Clinical Chemistry Analysis

Photometry Fluorometry

Immunoassay Analysis

Electrolyte Analysis

Other

Clinical Chemistry Analysis, Photometry Fluorometry, Immunoassay Analysis, and Electrolyte Analysis are the four segments of the worldwide lab automation market. With a market share of 27.4.6% in 2021, the Clinical Chemistry Analysis category led the market. This large percentage can be attributed to advancements in technology, a rise in automated systems offered by industry participants, and a growth in the adoption of automated systems due to their advantages, which include a lower risk of contamination and the elimination of human error, among other things.



by End-User

 Biotechnology Pharmaceutical

Research Institutes

Hospitals Private Labs

Forensic Laboratories

Others

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Key Players:

  1. Tecan Group Ltd
  2. Thermo Fisher Scientific Inc
  3. Danaher Corporation
  4. Hamilton
  5. F. Hoffmann-La Roche Ltd.
  6. Qiagen N.V.
  7. Abbott Laboratories
  8. Siemens AG
  9. PerkinElmer Inc.
  10. Agilent Technologies, Inc.
  11. bioMerieux
  12. Eppendorf
  13. Bruker
  14. Avantor
  15. Smiths Group
  16. Corning
  17. Agilent
  18. Roche
  19. Bio-Rad
  20. Gilson
  21. Eppendorf
  22. Beckman Coulter Life Sciences
  23. PerkinElmer
  24. Analytik Jena
  25. VWR International
  26. Shimadzu
  27. SCIEX
  28. HORIBA
  29. Heska Corporation

 

Key Features of the Report:

Market Segmentation: Detailed breakdown by key segments and sub-segments, showcasing emerging trends and growth opportunities.

Competitive Landscape: In-depth profiles of key players, market leaders, and emerging competitors across different regions.

Market Dynamics: Analysis of growth drivers, market restraints, upcoming opportunities, and evolving industry trends.

Regional Insights: Examination of market size, growth rates, imports, exports, and performance across major global regions.

Want to understand the market better? Check out the summary of the research report for key insights: https://www.maximizemarketresearch.com/market-report/global-lab-automation-market/104879/

Key Questions Addressed in the Report:

What is the current state of the Lab Automation market?

What factors are expected to drive the market's growth?

What is the forecasted Compound Annual Growth Rate (CAGR) during the forecast period (2024-2030)?

Which regions will experience the highest growth?

What strategic initiatives are key players adopting to enhance their market share?

What are the emerging trends and opportunities in the Lab Automation market?

Strategic Recommendations:

Our report not only provides market estimates but also offers key recommendations for businesses to enhance their growth strategies and capitalize on future opportunities. From competitive benchmarking and PESTLE analysis to SWOT assessments, we offer the strategic insights needed to thrive in the evolving market landscape.

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About Maximize Market Research:

Maximize Market Research is a global leader in market research and consulting, offering expert services across a wide range of industries, including healthcare, automotive, technology, electronics, and consumer goods. Our team of professionals provides industry-validated estimations, trend analyses, and strategic insights to help businesses make informed decisions and drive sustainable growth.

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