Market Overview:
The global laboratory automation equipment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laboratory automation equipment from biotechnology and pharmaceutical companies, hospitals and diagnostic laboratories, research and academic institutes, and other end-users. The global laboratory automation equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into task targeted automation (TTA), laboratory automation (TLA), separate automation equipment. TTA held a major share of the global laboratory automation equipment market in 2017 owing to its ability to automate specific tasks such as sample handling or liquid handling within a lab environment.
Product Definition:
Laboratory automation equipment is a term used to describe machines or devices that are used in laboratories to automate tasks. This can include anything from liquid handling robots to automated spectrometers. The primary benefit of using laboratory automation equipment is that it can greatly reduce the amount of time required to complete certain tasks, which can lead to increased efficiency and productivity in the lab. Additionally, it can also help improve accuracy and reliability by removing human error from certain processes.
Task Targeted Automation (TTA):
Lab automation is the integration of biological, chemical, and physical data with computer software to carry out a specific task or series of tasks automatically. The most common lab automation techniques include high-throughput screening (HTS), liquid handling, combinatorial chemistry (CC), and single-molecule real-time sequencing (SMRT).
The global laboratory automation equipment market size was valued at USD 6.6 billion in 2016.
Laboratory Automation (TLA):
Laboratory automation is the use of computer technology to replace or reduce manual labor and/or processes in laboratories. It can be defined as a set of techniques that uses automatic devices and software for carrying out various laboratory operations such as sample preparation, liquid dispensing, data acquisition & control, process monitoring & control, robotic handling of samples etc. Laboratory automation has been evolving over the past few decades with increasing demand for miniaturization along with cost-effectiveness and efficiency.
Application Insights:
The laboratory automation equipment market is segmented on the basis of application into biotechnology and pharmaceutical companies, hospitals and diagnostic laboratories, research and academic institutes. The hospital and diagnostic laboratories segment dominated the global laboratory automation equipment market in 2017 due to factors such as an increase in demand for rapid testing of blood samples for infectious diseases along with a rise in demand for point-of-care diagnostics.
Increasing investments by biotechnology companies to develop novel drugs have led to an increase in the number of automated workstations that are used during various stages of drug development including preclinical trials, clinical trials, manufacturing processes as well as postmarketing surveillance. This has resulted in growing adoption across these organizations which further fuels growth.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to the presence of a large number of global players and increased investments in R&D activities. The region is expected to maintain its lead throughout the forecast period due to continuous technological advancements and high level research being carried out across this region.
Asia Pacific laboratory automation equipment market is anticipated to grow at a lucrative rate during the forecast period, mainly due to increasing healthcare spending by Asian governments as well as rising awareness about lab automation among researchers from other countries investing in this sector locally. Moreover, growing biotechnology & pharmaceutical industry coupled with government support are some factors that can be attributed for regional growth during the forecast period. Latin America also presents significant opportunities for LAE manufacturers on account of increasing outsourcing activities by U.S.
Growth Factors:
- Increasing demand for laboratory automation equipment from the biotechnology and pharmaceutical industries to improve efficiency and accuracy in drug discovery and development processes.
- Growing popularity of laboratory automation equipment among academic research institutes to reduce the time taken for conducting experiments.
- Proliferation of single-use technologies in laboratories, which is driving the demand for laboratory automation equipment as it helps in reducing contamination risks and improving workflow efficiencies.
- Rising investments by governments worldwide in life sciences research, which is expected to result in an increase in demand for laboratory automation equipment over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Automation Equipment Market Research Report
By Type
Task Targeted Automation (TTA), Laboratory Automation (TLA), Separate Automation Equipment
By Application
Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes
By Companies
Siemens Healthineers, Roche, Beckman Coulter, BD, IDS, Inpeco, Abbott, Thermo Fisher Scientific, Mettler Toledo, Tecan, Qiagen, Hamilton Company, Anton Paar, Perkinelmer, Eppendorf, Biomerieux
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Automation Equipment Market Report Segments:
The global Laboratory Automation Equipment market is segmented on the basis of:
Types
Task Targeted Automation (TTA), Laboratory Automation (TLA), Separate Automation Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthineers
- Roche
- Beckman Coulter
- BD
- IDS
- Inpeco
- Abbott
- Thermo Fisher Scientific
- Mettler Toledo
- Tecan
- Qiagen
- Hamilton Company
- Anton Paar
- Perkinelmer
- Eppendorf
- Biomerieux
Highlights of The Laboratory Automation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Task Targeted Automation (TTA)
- Laboratory Automation (TLA)
- Separate Automation Equipment
- By Application:
- Biotechnology and Pharmaceutical Companies
- Hospitals and Diagnostic Laboratories
- Research and Academic Institutes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laboratory Automation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laboratory automation equipment is a category of technology that automates laboratory processes. This can include anything from simple pipetting devices to more complex systems that automate the handling and analysis of samples.
Some of the major companies in the laboratory automation equipment market are Siemens Healthineers, Roche, Beckman Coulter, BD, IDS, Inpeco, Abbott, Thermo Fisher Scientific, Mettler Toledo, Tecan, Qiagen, Hamilton Company, Anton Paar, Perkinelmer, Eppendorf, Biomerieux.
The laboratory automation equipment market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Automation Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laboratory Automation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Automation Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laboratory Automation Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laboratory Automation Equipment Market Size & Forecast, 2020-2028
4.5.1 Laboratory Automation Equipment Market Size and Y-o-Y Growth
4.5.2 Laboratory Automation Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Task Targeted Automation (TTA)
5.2.2 Laboratory Automation (TLA)
5.2.3 Separate Automation Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Biotechnology and Pharmaceutical Companies
6.2.2 Hospitals and Diagnostic Laboratories
6.2.3 Research and Academic Institutes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Automation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laboratory Automation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Task Targeted Automation (TTA)
9.6.2 Laboratory Automation (TLA)
9.6.3 Separate Automation Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Biotechnology and Pharmaceutical Companies
9.10.2 Hospitals and Diagnostic Laboratories
9.10.3 Research and Academic Institutes
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Task Targeted Automation (TTA)
10.6.2 Laboratory Automation (TLA)
10.6.3 Separate Automation Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Biotechnology and Pharmaceutical Companies
10.10.2 Hospitals and Diagnostic Laboratories
10.10.3 Research and Academic Institutes
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Task Targeted Automation (TTA)
11.6.2 Laboratory Automation (TLA)
11.6.3 Separate Automation Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Biotechnology and Pharmaceutical Companies
11.10.2 Hospitals and Diagnostic Laboratories
11.10.3 Research and Academic Institutes
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Task Targeted Automation (TTA)
12.6.2 Laboratory Automation (TLA)
12.6.3 Separate Automation Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Biotechnology and Pharmaceutical Companies
12.10.2 Hospitals and Diagnostic Laboratories
12.10.3 Research and Academic Institutes
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Task Targeted Automation (TTA)
13.6.2 Laboratory Automation (TLA)
13.6.3 Separate Automation Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Biotechnology and Pharmaceutical Companies
13.10.2 Hospitals and Diagnostic Laboratories
13.10.3 Research and Academic Institutes
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laboratory Automation Equipment Market: Competitive Dashboard
14.2 Global Laboratory Automation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Healthineers
14.3.2 Roche
14.3.3 Beckman Coulter
14.3.4 BD
14.3.5 IDS
14.3.6 Inpeco
14.3.7 Abbott
14.3.8 Thermo Fisher Scientific
14.3.9 Mettler Toledo
14.3.10 Tecan
14.3.11 Qiagen
14.3.12 Hamilton Company
14.3.13 Anton Paar
14.3.14 Perkinelmer
14.3.15 Eppendorf
14.3.16 Biomerieux
