Global Laboratory Automation Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Laboratory Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global laboratory automation market reached a value of US$ 5.21 Billion in 2020. Laboratory automation can be defined broadly as any device, software or process that requires minimal human intervention and improves the efficiency of the laboratory. Laboratory automation may include the use of robots, conveyors, software, machine vision, etc. Looking forward, the publisher expects the global laboratory automation market to exhibit moderate growth during the next five years.
Laboratory automation has played a major role in saving time, reducing costs, eliminating human error and improving the efficiency of experiments. As a result, automation has moved past the "nice to have" to the "must have" in the modern laboratory. Laboratory teams today are continually looking for ways to increase their efficiency and improve the long-term value of their operations. Organisations are now adopting laboratory automation solutions to enhance their work and maximize the efficiency of their testing processes.
Laboratory automation is playing a major role in maximizing the accuracy of laboratory results and minimizing human errors to ensure that work is completed efficiently. It also enables the laboratory to deliver the reports quickly ensuring that actionable data is available on a short notice for review.
Automation is also enabling laboratories to reduce manual work. Automation solutions can complete many testing processes that would otherwise require significant amount of manual work. Labor costs account for a significant share of the total laboratory costs. Moreover, automation systems improve the productivity of labs and reduce the increase in costs that may arise due to wastage.
The application of automation systems has also led to a significant increase in the productivity of the drug discovery process. These systems can operate for long hours with minimal monitoring and instruction. They also allow more time for researchers to focus on their core work and reduce their time on repetitive tasks
Automated testing solutions enable the ideal ways to protect data and ensure that it is easily available for lab teams. These systems also improve productivity of lab teams as they can track everything that happens to a sample, enabling them to view its entire history.
- Tecan Group
- Thermo Fisher
- Abbott Diagnostics
- Agilent Technologies
- Aurora Biomed
- Becton Dickinson
- Biotek Instruments
- Brooks Automation
- Hamilton Storage Technologies
- LabVantage Solutions
- Roche Holding
- Siemens Healthcare
Key Questions Answered in This Report:
1. What was the global laboratory automation market size in 2020?
2. What will be the global laboratory automation market outlook during the forecast period (2021-2026)?
3. What are the global laboratory automation market drivers?
4. What are the major trends in the global laboratory automation market?
5. What is the impact of COVID-19 on the global laboratory automation market?
6. What is the global laboratory automation market breakup by type?
7. What is the global laboratory automation market breakup by equipment and software type?
8. What is the global laboratory automation market breakup by end user?
9. What are the major regions in the global laboratory automation market?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Laboratory Automation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Equipment and Software Type
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porters Five Forces Analysis
6 Market Breakup by Type
6.1 Modular Automation
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Whole Lab Automation
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Equipment and Software Type
7.1 Automated Clinical Laboratory Systems
7.2 Automated Drug Discovery Laboratory Systems
8 Market Breakup by End-User
8.1 Biotechnology and Pharmaceutical Companies
8.2 Hospitals and Diagnostic Laboratories
8.3 Research and Academic Institutes
9 Market Breakup by Region
9.1 North America
9.3 Asia Pacific
9.4 Middle East and Africa
9.5 Latin America
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/3engfi
Laura Wood, Senior Press Manager
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