Global Laboratory Automation Systems Market 2024-2028
The laboratory automation systems market is forecasted to grow by USD 2.01 bn during 2023-2028, accelerating at a CAGR of 8.68% during the forecast period. The report on the laboratory automation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for laboratory automation software services, rising use of automated solutions in healthcare, and high demand for protein crystallization and crystallography.
Technavio's laboratory automation systems market is segmented as below:
By End-user
- Pharmaceutical and biotechnology companies
- Clinical and reference laboratories
- Academic institutions and research organizations
- Others
By Type
- Equipment
- Software
- services
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the rising number of FDA-approved manufacturing facilities in developing nations as one of the prime reasons driving the laboratory automation systems market growth during the next few years. Also, adoption of standardization and automation in in-vitro diagnostics industry and increased vaccine production will lead to sizable demand in the market.
The report on the laboratory automation systems market covers the following areas:
- Laboratory automation systems market sizing
- Laboratory automation systems market forecast
- Laboratory automation systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laboratory automation systems market vendors that 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.. Also, the laboratory automation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.