Global Lab Automation Market Insights, Forecast to 2028

Global Lab Automation Market Insights, Forecast to 2028

Market Analysis and Insights: Global Lab Automation Market

Due to the COVID-19 pandemic, the global Lab Automation market size is estimated to be worth US$ 13,761 million in 2022 and is forecast to a readjusted size of US$ 19,823 million by 2028 with a CAGR of 6.27% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Laboratory Automation (TLA) accounting for 50.59% of the Lab Automation global market in 2021, is projected to value US$ 10,534.74 million by 2028, growing at a revised 7.01% CAGR from 2022 to 2028. While Hospitals and Diagnostic Laboratories segment is altered to an 9.40% CAGR throughout this forecast period.
China Lab Automation market size was US$ 1,539.76 million in 2021, while the US and Europe Lab Automation were US$ 4,670.37 million and US$ 3,570.84 million, severally. The proportion of the US was 36.07% in 2021, while China and Europe are 11.89% and 27.58% respectively, and it is predicted that China proportion will reach 17.49% in 2028, trailing a CAGR of 12.33% through the analysis period. Japan and South Korea are noteworthy markets in Asia, with CAGR 4.82%, and 3.95% respectively for the next 6-year period. As for the Europe Lab Automation landscape, Germany is projected to reach US$ 1,227.94 million by 2028 trailing a CAGR of 5.57% over the forecast period.
The global key manufacturers of Lab Automation include Siemens Healthineers, Roche, Beckman Coulter, Thermo Fisher Scientific, Mettler Toledo, Tecan and Hamilton Company, etc. In 2021, the global top five players hold a share approximately 80.16% in terms of revenue.
In terms of production side, this report researches the Lab Automation production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Lab Automation by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Global Lab Automation Scope and Segment

Lab Automation market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Lab Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.

By Company

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

Segment by Type

Task Targeted Automation (TTA)
Laboratory Automation (TLA)
Separate Automation Equipment

Segment by Application

Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostic Laboratories
Research and Academic Institutes

Production by Region

North America
Europe
China
Japan

Sales by Region

North America
United States
Canada

Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia

Europe
Germany
France
U.K.
Italy
Russia

Latin America
Mexico
Brazil
Argentina

Middle East & Africa
Turkey
Saudi Arabia
UAE