Market Overview:
The Global Library Prep System Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for library prep systems in research institutes, hospitals, and laboratories. Additionally, the growing adoption of fully automatic library prep systems is also contributing to the market growth. However, factors such as high installation and maintenance costs may restrain the market growth in some regions.
Product Definition:
The library prep system is a software that is used to create and manage the library's catalog. It helps in organizing, managing and tracking the library's resources.
Automatic:
Automatic is a computer software utility that helps library professionals to organize and manage their work efficiently. It provides various features such as cataloging, Dewey Decimal, acquisitions/ purchases tracking, barcode labeling and scanning among others. The growth factor in the Library Prep System market is its ability to automate repetitive tasks which are time consuming and tedious for librarians but have to be done regularly otherwise libraries would not function.
Fully Automatic:
Fully automatic library preparation system is used for processing and storing loan materials in lending libraries. It helps to process the request from beginning to end including all the operations of cataloging, ordering, receiving, classifying & shelving the material efficiently. The fully automatic library preparation system has gained popularity owing to its ability of handling large volumes of material with high speed and accuracy along with a reduction in labor cost by eliminating human intervention from various processes involved.
Application Insights:
The laboratory application segment led the global library prep system market in 2017. This is attributed to the increasing demand for lab automation solutions across academic and research institutions. The need for standardizing and automating lab procedures has become crucial with an increase in number of researchers, complex workflows, rapid data growth & analysis, and a rise in expensive equipment damage caused by slip & fall accidents or physical contact with electrical equipment. These factors have resulted in growing demand for automated library prep systems across laboratories worldwide.
The research institutes application segment is expected to witness significant growth over the forecast period owing to rising investments by governments worldwide on enhancing R&D infrastructure as well as personnel training & development activities at universities and colleges.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, high investment in R&D and technological advancements. The region is expected to maintain its position during the forecast period owing to increasing adoption of automation in laboratories, hospitals and other research institutes for drug discovery processes.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government funding for higher education as well as rapid expansion of educational institutes & libraries across rural areas & small towns resulting into a shortage of librarians. Moreover, growing awareness about open access books among students will drive regional demand further.
Growth Factors:
- Increasing demand for library services and resources due to the growth of digital content and e-books
- Proliferation of new technologies that can be used in libraries, such as 3D printers, robots, and iPads
- Shift towards open access publishing model that makes research papers available to everyone at no cost
- Growing popularity of maker culture among young people who are interested in DIY projects and hands-on learning experiences
- Increased funding for library programs from government agencies and private foundations
Scope Of The Report
Report Attributes
Report Details
Report Title
Library Prep System Market Research Report
By Type
Automatic, Fully Automatic
By Application
Laboratory, Research Institute, Hospital, Other
By Companies
Takara Bio, Illumina, Aurora, Agilent, PerkinElmer, Hamilton
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Library Prep System Market Report Segments:
The global Library Prep System market is segmented on the basis of:
Types
Automatic, Fully Automatic
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
Laboratory, Research Institute, Hospital, Other
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:
- Takara Bio
- Illumina
- Aurora
- Agilent
- PerkinElmer
- Hamilton
Highlights of The Library Prep System 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:
- Automatic
- Fully Automatic
- By Application:
- Laboratory
- Research Institute
- Hospital
- Other
- 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 Library Prep System 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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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?
Library Prep System is a web-based system that helps libraries manage and track library materials. It includes features for managing circulation, tracking loans, and managing inventory. Library Prep System also provides tools for librarians to manage their collections and keep track of changes to the collection.
Some of the key players operating in the library prep system market are Takara Bio, Illumina, Aurora, Agilent, PerkinElmer, Hamilton.
The library prep system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Library Prep System 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 Library Prep System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Library Prep System 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 Library Prep System 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 Library Prep System Market Size & Forecast, 2020-2028 4.5.1 Library Prep System Market Size and Y-o-Y Growth 4.5.2 Library Prep System 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 Automatic
5.2.2 Fully Automatic
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 Laboratory
6.2.2 Research Institute
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Library Prep System 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 Library Prep System 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 Automatic
9.6.2 Fully Automatic
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 Laboratory
9.10.2 Research Institute
9.10.3 Hospital
9.10.4 Other
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 Automatic
10.6.2 Fully Automatic
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 Laboratory
10.10.2 Research Institute
10.10.3 Hospital
10.10.4 Other
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 Automatic
11.6.2 Fully Automatic
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 Laboratory
11.10.2 Research Institute
11.10.3 Hospital
11.10.4 Other
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 Automatic
12.6.2 Fully Automatic
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 Laboratory
12.10.2 Research Institute
12.10.3 Hospital
12.10.4 Other
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 Automatic
13.6.2 Fully Automatic
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 Laboratory
13.10.2 Research Institute
13.10.3 Hospital
13.10.4 Other
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 Library Prep System Market: Competitive Dashboard
14.2 Global Library Prep System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Takara Bio
14.3.2 Illumina
14.3.3 Aurora
14.3.4 Agilent
14.3.5 PerkinElmer
14.3.6 Hamilton