Market Overview:
The global lab automation for in-vitro diagnostics market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing demand for automated systems for laboratory processes, rising number of laboratories and growing focus on accuracy and efficiency are some of the major factors driving the growth of this market. The increasing use of robotics in laboratory automation is also contributing to the growth of this market. However, high initial investment costs and lack of skilled professionals are some major restraints hampering the growth of this market. On the basis of type, the global lab automation for in-vitro diagnostics market can be segmented into automated plate handler, automated liquid handler, robotic arm and others. Automated plate handlers held a dominant share in 2017 owing to their ability to handle plates quickly and accurately. On the basis on application, academic laboratories accounted for a majority share in 2017 due to rising research activities across universities globally.
Product Definition:
Lab automation is the application of technology to tasks traditionally done by laboratory staff. Automation can improve accuracy, speed and consistency of results. It can also free up staff time for other activities.
Automated Plate Handler:
Automated plate handler is a device used to transfer samples between containers and racks without any human intervention. It’s an important tool in the world of high throughput testing (HPT) as it helps in reducing errors during sample handling, contamination & assay runs. The automated plate handler has been gaining popularity due to its ability to work with small plates that are difficult for humans to handle.
The global lab automation market size was valued at USD 2,542 million in 2016.
Automated Liquid Handler:
The global automated liquid handler and it's usage in lab automation for in-vitro diagnostics market size was valued at USD 6.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for automation across various life science processes such as sample preparation, assay plate preparation, liquid dispensing, and storage is one of the key factors driving growth.
Application Insights:
The academic segment dominated the global lab automation for in-vitro diagnostics market in 2017. This can be attributed to factors such as increasing government funding for research and development of advanced diagnostic techniques, growing emphasis on quality assurance by healthcare providers, and rising demand for highly automated laboratories.
Increasing R&D investments by major players such as Merck Millipore Corporation, Thermo Fisher Scientific Inc., and others are expected to result in the introduction of technologically advanced solutions that will further propel growth during the forecast period. For instance, Thermo Fisher Scientific introduced a robotic system called Automated Blood Cell Sorter (ABTS) that automates blood cell separation from whole blood samples with high accuracy and precision. Such innovations are anticipated to drive demand over the coming years.
Regional Analysis:
North America dominated the global lab automation for in-vitro diagnostics market with a revenue share of over 35.0% in 2017. This is due to the presence of key players such as Siemens Healthcare, GE Healthcare, and Roche Diagnostics Corporation that are continuously investing in R&D activities to develop advanced products for laboratory automation. Moreover, these companies are also involved with various non-profit organizations that aim at improving healthcare infrastructure and adoption of digital technologies like Lab Automation Solutions (LAS). For instance, GE supports LAS through its Global Research & Innovation Program (GRIEP) along with supporting education programs via TheGEFoundation.
Growth Factors:
- Increasing demand for early and accurate diagnosis of diseases
- Rising prevalence of chronic diseases
- Technological advancements in lab automation equipment
- Growing number of private and public sector diagnostic laboratories
- Increasing awareness about the benefits of lab automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Lab Automation for In-vitro Diagnostics Market Research Report
By Type
Automated Plate Handler, Automated Liquid Handler, Robotic Arm, Others
By Application
Academic, Laboratory, Others
By Companies
Cognex Corporation, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, Danaher Corporation, Agilent Technologies, Inc, Abbott, PerkinElmer, Inc, Tecan Group Ltd, BD, Siemens
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Lab Automation for In-vitro Diagnostics Market Report Segments:
The global Lab Automation for In-vitro Diagnostics market is segmented on the basis of:
Types
Automated Plate Handler, Automated Liquid Handler, Robotic Arm, Others
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
Academic, Laboratory, Others
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:
- Cognex Corporation
- F. Hoffmann-La Roche Ltd
- Thermo Fisher Scientific Inc
- Danaher Corporation
- Agilent Technologies, Inc
- Abbott
- PerkinElmer, Inc
- Tecan Group Ltd
- BD
- Siemens
Highlights of The Lab Automation for In-vitro Diagnostics 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:
- Automated Plate Handler
- Automated Liquid Handler
- Robotic Arm
- Others
- By Application:
- Academic
- Laboratory
- Others
- 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 Lab Automation for In-vitro Diagnostics 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
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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?
Lab automation is the use of technology to improve laboratory efficiency and accuracy. Automation can help laboratories reduce costs, increase throughput, and improve quality.
Some of the major players in the lab automation for in-vitro diagnostics market are Cognex Corporation, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc, Danaher Corporation, Agilent Technologies, Inc, Abbott, PerkinElmer, Inc, Tecan Group Ltd, BD, Siemens.
The lab automation for in-vitro diagnostics market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lab Automation for In-vitro Diagnostics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lab Automation for In-vitro Diagnostics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lab Automation for In-vitro Diagnostics Market - Supply Chain
4.5. Global Lab Automation for In-vitro Diagnostics Market Forecast
4.5.1. Lab Automation for In-vitro Diagnostics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lab Automation for In-vitro Diagnostics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lab Automation for In-vitro Diagnostics Market Absolute $ Opportunity
5. Global Lab Automation for In-vitro Diagnostics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
5.3.1. Automated Plate Handler
5.3.2. Automated Liquid Handler
5.3.3. Robotic Arm
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lab Automation for In-vitro Diagnostics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
6.3.1. Academic
6.3.2. Laboratory
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lab Automation for In-vitro Diagnostics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lab Automation for In-vitro Diagnostics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lab Automation for In-vitro Diagnostics Demand Share Forecast, 2019-2026
9. North America Lab Automation for In-vitro Diagnostics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
9.4.1. Academic
9.4.2. Laboratory
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
9.7.1. Automated Plate Handler
9.7.2. Automated Liquid Handler
9.7.3. Robotic Arm
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lab Automation for In-vitro Diagnostics Demand Share Forecast, 2019-2026
10. Latin America Lab Automation for In-vitro Diagnostics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
10.4.1. Academic
10.4.2. Laboratory
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
10.7.1. Automated Plate Handler
10.7.2. Automated Liquid Handler
10.7.3. Robotic Arm
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lab Automation for In-vitro Diagnostics Demand Share Forecast, 2019-2026
11. Europe Lab Automation for In-vitro Diagnostics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
11.4.1. Academic
11.4.2. Laboratory
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
11.7.1. Automated Plate Handler
11.7.2. Automated Liquid Handler
11.7.3. Robotic Arm
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lab Automation for In-vitro Diagnostics Demand Share, 2019-2026
12. Asia Pacific Lab Automation for In-vitro Diagnostics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
12.4.1. Academic
12.4.2. Laboratory
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
12.7.1. Automated Plate Handler
12.7.2. Automated Liquid Handler
12.7.3. Robotic Arm
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lab Automation for In-vitro Diagnostics Demand Share, 2019-2026
13. Middle East & Africa Lab Automation for In-vitro Diagnostics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lab Automation for In-vitro Diagnostics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Application
13.4.1. Academic
13.4.2. Laboratory
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lab Automation for In-vitro Diagnostics Market Size and Volume Forecast by Type
13.7.1. Automated Plate Handler
13.7.2. Automated Liquid Handler
13.7.3. Robotic Arm
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lab Automation for In-vitro Diagnostics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lab Automation for In-vitro Diagnostics Market: Market Share Analysis
14.2. Lab Automation for In-vitro Diagnostics Distributors and Customers
14.3. Lab Automation for In-vitro Diagnostics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cognex Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. F. Hoffmann-La Roche Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thermo Fisher Scientific Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Danaher Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Agilent Technologies, Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Abbott
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PerkinElmer, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tecan Group Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Siemens
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
