U.S (New York)– Report Ocean is the ultimate intelligence source on “Lab Automation Market “. Our report analyzes the market’s response to recent disruptions like the Russia-Ukraine war and Covid-19, offering qualitative insights through frameworks like Porters’ and PESTLE analysis, SOWT analysis. With detailed segmentation and market size data across categories, product types, applications, and geographies, our report covers key issues, trends, drivers, restraints, challenges, competitive landscape, and recent events such as M&A activities’
Lab automation is the use of instrumentation to perform laboratory processes, requiring minimal human input. Automation can be used anywhere from a single step of an experimental process, all the way through to the entire workflow. According to Report Ocean the global lab automation market is projected to reach USD 7,905 million, recording a CAGR of approximately 6.8 percent from 2022 to 2028.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on industries. resulting in a large market for Lab Automation Market .
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global lab automation market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the lab automation industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, automation type, application, end user, and region. The global market for lab automation can be segmented by product: system, software. Globally, the system segment made up the largest share of the lab automation market. Lab automation market is further segmented by automation type: subtotal automation, task-targeted automation, total laboratory automation. The subtotal automation segment captured the largest share of the market in 2021. Based on application, the lab automation market is segmented into: drug discovery, clinical diagnostics, genomic solutions, microbiology, others. On the basis of end user, the lab automation market also can be divided into: biotech & pharma companies, hospital & diagnostic laboratories, forensic laboratories, food & beverages, others. Lab automation market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
By product:
system
software
By automation type:
subtotal automation
task-targeted automation
total laboratory automation
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By application:
drug discovery
clinical diagnostics
genomic solutions
microbiology
others
By end user:
biotech & pharma companies
hospital & diagnostic laboratories
forensic laboratories
food & beverages
others
By region:
North America
Asia Pacific
Europe
Rest of the World (ROW)
The system market is further segmented into workstations, microplate readers, robotic systems, others. Furthermore, the software market has been categorized into laboratory information management system (LIMS), electronic laboratory notebook (ELN), others. The LIMS segment is estimated to account for the largest share of the global lab automation market.
The report also provides a detailed analysis of several leading lab automation market vendors that include Abbott Laboratories, Agilent Technologies, Inc., Aurora Biomed Inc., bioMerieux SA, Bio-Rad Laboratories, Inc., Danaher Corporation, Eppendorf group, F. Hoffmann-La Roche AG, Hamilton Company, Hudson Robotics, Inc., Illumina, Inc., LabVantage Solutions, Inc., PerkinElmer, Inc., Qiagen N.V., Siemens AG, Tecan Group Ltd., Thermo Fisher Scientific Inc., among others.
Scope of the Report
To analyze and forecast the market size of the global lab automation market.
To classify and forecast the global lab automation market based on product, automation type, application, end user, region.
To identify drivers and challenges for the global lab automation market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global lab automation market.
To identify and analyze the profile of leading players operating in the global lab automation market.
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Why Choose This Report
Gain a reliable outlook of the global lab automation market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
Study Objectives:
- Conduct SWOT analysis to assess market competition among global manufacturers.
- Define, describe, and forecast the market by type, application, and region.
- Evaluate global and regional market potential, advantages, opportunities, challenges, constraints, and risks.
- Determine the driving and limiting factors for market growth.
- Identify high-growth categories for stakeholder analysis of market potential.
- Analyze growth trends and market contribution of each submarket strategically.
- Examine competitive developments such as expansions, agreements, new product launches, and acquisitions.
- Create detailed growth profiles of key players and analyze their expansion plans.
Research Methodology:
- Outline research goals, questions, and hypotheses.
- Describe the research design, approach, data collection methods, and sampling strategy.
- Explain data collection procedures, including primary and secondary sources, instruments, and cleaning processes.
- Discuss data analysis methods, such as statistical tests and qualitative coding.
- Address study limitations, biases, sources of error, and data constraints.
- Consider ethical considerations, including informed consent, participant confidentiality, and minimizing harm.
Report Scope:
- Provide comprehensive market segmentation and revenue approximations across verticals and regions.
- Highlight key market drivers, restraints, challenges, and opportunities for stakeholders.
- Improve stakeholders’ understanding of competitors and enhance their business position.
- Include competitor ecosystem, new product development, agreements, and acquisitions in the competitive landscape section.
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