Global Lab Automation Market Growth 2023-2029

Global Lab Automation Market Growth 2023-2029

Laboratory Automation is a multi-disciplinary innovative approach used in the laboratory to increase productivity, reduce times, and increase efficiency of the laboratory process. The main types of Laboratory Automation in this report are Task Targeted Automation (TTA), Laboratory Automation (TLA) and Separate Automation Equipment.

LPI (LP Information)' newest research report, the “Lab Automation Industry Forecast” looks at past sales and reviews total world Lab Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Lab Automation sales for 2023 through 2029. With Lab Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lab Automation industry.

This Insight Report provides a comprehensive analysis of the global Lab Automation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lab Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lab Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lab Automation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lab Automation.

The global Lab Automation market size is projected to grow from US$ 12660 million in 2022 to US$ 19690 million in 2029; it is expected to grow at a CAGR of 19690 from 2023 to 2029.

Global key players of lab automation include Siemens Healthineers, Roche, Beckman Coulter, Thermo Fisher Scientific, Mettler Toledo, etc. Global top five manufacturers hold a share over 80%. North America is the largest producer of lab automation, holds a share over 46%, followed by Europe and China with a market share of around 26% and 17% respectively. In terms of product, laboratory automation is the largest segment, with a share over 50%, followed by task targeted automation with a market share of over 35%. And in terms of application, the largest application is biotechnology and pharmaceutical companies, with a share over 44%.

This report presents a comprehensive overview, market shares, and growth opportunities of Lab Automation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Task Targeted Automation (TTA)
Laboratory Automation (TLA)
Separate Automation Equipment

Segmentation by application
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostic Laboratories
Research and Academic Institutes

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens Healthineers
Roche
Beckman Coulter
Thermo Fisher Scientific
Mettler Toledo
Tecan
Hamilton Company
Mindray
Qiagen
BD
IDS
Anton Paar
Inpeco
Perkinelmer
Eppendorf
Biomerieux
Autobio
Abbott

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lab Automation market?

What factors are driving Lab Automation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lab Automation market opportunities vary by end market size?

How does Lab Automation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.