Lab Automation Market size was valued at US$ 6.04 Bn. in 2023 and the total revenue is expected to grow at 8.1% through 2024 to 2030, reaching nearly US$ 10.42 Bn.
Lab Automation Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Lab Automation Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Lab Automation Market.
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Lab Automation Market Scope and Methodology:
The Lab Automation Market requires a mix of both qualitative and quantitative research methods. Lab Automation Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Lab Automation market. The bottom-up approach was used to determine the global and regional Lab Automation market sizes.
Lab Automation Market Regional Insights:
The Lab Automation Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Lab Automation Market Segmentation:
by Product
Equipment’s
Automated Workstations
Robotic Systems
Microplate readers
Others
Software Informatics
Workstations automation software
Laboratory Information Management System (LIMS)
Scientific Data management system
Electronic Laboratory notebook
by Type
Total Automation Systems
Modular Automation Systems
The worldwide lab automation market is divided into two segments based on type: modular automation systems and total automation systems. With a 48.3% market share in 2023, the Total Automation Systems category led the industry. due to the many benefits that these systems offer. Advances in this persuasion in several life science procedures have been one of the key drivers anticipated to drive the segment's rise over the projected period. There are two types of automation systems available on the market: total automation systems and modular automation systems.
by Application
Clinical Chemistry Analysis
Photometry Fluorometry
Immunoassay Analysis
Electrolyte Analysis
Other
by End-User
Biotechnology Pharmaceutical
Research Institutes
Hospitals Private Labs
Forensic Laboratories
Others
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
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Key questions answered in the Lab Automation Market are:
- What is Lab Automation ?
- What is the growth rate of the Lab Automation Market?
- Which are the factors expected to drive the Lab Automation Market growth?
- What are the upcoming opportunities and trends for the Lab Automation Market?
- Who are the leading companies and what are their portfolios in Lab Automation Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Lab Automation Market?
- Who are the key players in the Lab Automation Market?
- What are the different segments of the Lab Automation Market?
- Which is the fastest growing region in the Lab Automation Market?
- What growth strategies are the players considering to increase their presence in Lab Automation ?
- What is the CAGR at which the Lab Automation Market will grow during the forecast period?
- What segments are covered in the Lab Automation Market?
For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/global-lab-automation-market/104879/
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size Forecast by different segment
- 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
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