Lab Automation Market Key Growth Factors & Challenges, Segmentation & Regional Outlook 2030

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Lab Automation Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Lab Automation Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Lab Automation Market by thorough analysis, and projections are made up to 2030.

Expected Expansion of Lab Automation Market:

Lab Automation Market size was valued at US$ 6.04 Bn. in 2023 and the total revenue is expected to grow at 8.1% through 2024 to 2030, reaching nearly US$ 10.42 Bn.

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Lab Automation Market Scope and Methodology:

This report examines the Lab Automation market through various regions and extensive segmentation, offering a definition, description, and prediction. It includes many significant market factors as well as thorough qualitative and quantitative research. This involves examining the competitive environment, competitor profiles, sector analysis, economic impact, valuable perspectives, market dynamics, and market analysis.

The report deeply examines historical information, concentrating on various Lab Automation market situations and performing a thorough assessment of the elements impacting the market, such as drivers, limitations, chances, hurdles, and upcoming trends. The report provides a detailed understanding of market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions using the appropriate methodology and assumptions. The research also includes analysis of the value chain, PESTLE analysis, impact analysis, and PORTER's analysis.

Lab Automation Market Regional Insights:

The examination explores the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America in great detail. Comprehending the complex dynamics of the international Lab Automation market is a crucial element of the regional analysis offered in the report. The report includes information on the import and export of products, market size, and growth rate for every country. Additionally, the report has also provided a summary of the most recent developments in the global Lab Automation market in various countries and regions.

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Lab Automation Market Segmentation:

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

Total Automation Systems and Modular Automation Systems comprise the two segments of the global lab automation market. With a 48.3% market share in 2023, the Total Automation Systems category had the most share. due to the many benefits that these systems offer. Advances in this persuasion in various life science procedures have been identified as one of the primary driving factors predicted to propel the segment's expansion during the projected period. There are two types of automation systems available on the market: total automation systems and modular automation systems. Complete automation systems are further divided into steps for additional processing. Nowadays, a lot of drug discovery labs are using lab automation systems, such benchtop automation systems, mainly because they need to make repetitive tasks or technically challenging processes easier.

by Application

Clinical Chemistry Analysis
Photometry & Fluorometry
Immunoassay Analysis
Electrolyte Analysis
Other

the global Lab Automation market is segmented into Clinical Chemistry Analysis, Photometry & Fluorometry, Immunoassay Analysis, and Electrolyte Analysis. The Clinical Chemistry Analysis segment held the largest market share of 27.4.6% in 2021. This high share can be ascribed to technological improvements, an increase in automated systems provided by market players, and an increase in the use of automated systems as a result of their benefits, which include reduced risk of contamination and the removal of human error, among others.

by End-User

Biotechnology & Pharmaceutical
Research Institutes
Hospitals & Private Labs
Forensic Laboratories
Others

the global Lab Automation market is segmented into Retail, Healthcare, and Pharmaceutical, Manufacturing, Transportation and Logistics, Energy and Utilities, Government, and Others. The Manufacturing segment held the largest market share of 36.6% in 2023. The growing number of manufacturing units in emerging economies including India and Mexico has enhanced the outsourced of inventory and raw materials for manufacture. The Indian government's 'Make in India' policy, for example, places a heavy emphasis on the growth of the home manufacturing industry and may boost indigenous production. Such projects work well for the industrial sector's growth during the forecast period.

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Lab Automation Market 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 questions answered in the Lab Automation Market are:

  • What is Lab Automation?
  • What will be the CAGR at which the Lab Automation Market will grow size 2023?
  • What are the upcoming industry applications and trends for the Lab Automation Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Lab Automation Market?
  • What growth strategies are the players considering to increase their presence in Lab Automation?
  • Who are the key players in the Lab Automation Market?
  • Who are the leading companies and what are their portfolios in Lab Automation Market? 
  • What is the growth rate of the Lab Automation Market?
  • What are the different segments of the Lab Automation Market?
  • What segments are covered in the Lab Automation Market?
  • Which are the factors expected to drive the Lab Automation market growth?

For further inquiries and market scope exploration, reach out to us:https://www.maximizemarketresearch.com/market-report/global-lab-automation-market/104879/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region 
  • Market Size, Share, Size & Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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