Lab Automation Market Industry Outlook, Size, Growth Factors and Forecast 2030

Lab Automation Market : size was valued at US$ 5.59 Bn. in 2022 and the total revenue is expected to grow at 8.1% through 2023 to 2029, reaching nearly US$ 9.65 Bn.

The report serves as a comprehensive guide for investors, stakeholders, and market followers of the Lab Automation Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the Lab Automation industry's future outlook.

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Lab Automation Market Report Scope and Research Methodology

The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the Lab Automation Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.

Lab Automation Market Regional Insights :

The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for Lab Automation . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.

Lab Automation Market Segmentation :

The worldwide lab automation market is divided into two segments based on type: total automation systems and modular automation systems. With a 48.3% market share in 2022, 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. These days, a lot of drug discovery labs are using lab automation systems, like benchtop automation systems, mainly because they need to make repetitious tasks easier.

The global lab automation market is divided into four segments based on the application: electrolyte analysis, immunoassay analysis, photometry & fluorometry, and clinical chemistry analysis. With a market share of 27.4.6% in 2021, the Clinical Chemistry Analysis category held the highest share. This high percentage can be attributed to advancements in technology, a rise in automated systems offered by industry participants, and an increase in automated system usage due to the advantages of these systems—risk of contamination is decreased, human error is eliminated, and so on.

The retail, healthcare, and pharmaceutical, manufacturing, transportation and logistics, energy and utilities, government, and others segments make up the worldwide lab automation market, which is further divided based on vertical. In 2021, the Manufacturing category accounted for 36.6% of the total market share. The increasing number of manufacturing facilities in developing nations like Mexico and India has increased the amount of inventory and raw materials that are outsourced to these industries. For instance, the 'Make in India' programme of the Indian government may increase domestic output since it heavily emphasises the development of the domestic manufacturing sector. These initiatives contribute positively to the growth of the industrial sector over the anticipated period.

Section Heading: Lab Automation Market

Part 01: Executive Summary

Part 02: Scope of the Road Roller Market Report

Part 03: Road Roller Market Landscape

Part 04: Road Roller Market Sizing

Part 05: Road Roller Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
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
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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