Rising demand for automated technologies to handle multiple laboratory research activities is a key factor driving revenue growth of the global laboratory automation systems market.
Vancouver, BC -- (SBWIRE) -- 04/22/2021 -- The global laboratory automation systems market is expected to reach a market size of USD 6.39 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Laboratory automation systems are playing a key role in optimizing and maximizing the accuracy of laboratory test results and reducing human errors, while simultaneously ensuring that tests are conducted fast and efficiently. These systems also enable laboratories to deliver more accurate reports and generates data faster which ensures actionable data is available on short notice and for proper review.
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities.
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The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.
Key Highlights of Report
In August 2019, Agilent acquired BioTek Instruments. The acquisition helped Agilent to expand its presence and expertise in cell analysis as well as create a robust position in large and growing immuno-oncology and immunotherapy areas.
The market in Europe accounted for second-largest revenue share of 25.2% in 2020. Key driving factors include rising focus on laboratory research and increasing funding by investors and international organizations.
Key players operating in the market are Tecan Group., PerkinElmer, Thermo Fisher Scientific, Agilent Technologies, Danaher Corporation, F. Hoffmann-La Roche, QIAGEN N.V., Siemens Healthineers, Eppendorf AG, bioMérieux, and Abbott.
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For the purpose of this report, Emergen Research has segmented the laboratory automation systems market based on product, application, end-use, and region:
Product Outlook (Revenue: USD Billion; 2020–-2028)
Robotic Arm
Microplate Readers
Automated Workstation
Others
Application Outlook (Revenue: USD Billion; 2020–-2028)
Drug Discovery
Clinical Diagnostics
Microbiology
Genomics
Proteomics
End-Use Outlook (Revenue: USD Billion; 2020–-2028)
Biotechnology
Pharmaceutical
Diagnostics lab
Forensics
Others
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report demonstrates the progress and advancement achieved by the global Laboratory Automation Systems market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter's Five Forces analysis.
Key Benefits of Buying the Global Laboratory Automation Systems Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Laboratory Automation Systems Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Laboratory Automation Systems Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Laboratory Automation Systems Market
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Laboratory Automation Systems Market Segmentation & Impact Analysis
4.1. Laboratory Automation Systems Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. High demand for automation systems in biotech segment
4.2.2.2. Increasing research activity
4.2.3. Market restraints analysis
4.2.3.1. High production cost
4.2.3.2. Lack of proper planning for technology development
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Laboratory Automation Systems Market Product Insights & Trends, Revenue (USD Billion)
5.1. Product Dynamics & Market Share, 2019 & 2027
5.1.1. Robotic Arm
5.1.2. Microplate Readers
5.1.3. Automated Workstation
5.1.4. Others
Chapter 6. Laboratory Automation Systems Market Application Insights & Trends Revenue (USD Billion)
6.1. Application Dynamics & Market Share, 2019 & 2027
6.1.1. Drug Discovery
6.1.2. Clinical Diagnostics
6.1.3. Microbiology
6.1.4. Genomics
6.1.5. Proteomics
Chapter 7. Laboratory Automation Systems Market End-Use Insights & Trends Revenue (USD Billion)
7.1. End-Use Dynamics & Market Share, 2019 & 2027
7.1.1. Biotechnology
7.1.2. Pharmaceutical
7.1.3. Diagnostics lab
7.1.4. Forensics
7.1.5. Others
CONTINUED…!
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