U.S (New York) – Report Ocean has recently published a comprehensive research report titled “Laboratory Automation Market ” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.
The global laboratory automation market was valued at $4,884 million in 2018, and is projected to reach $8,424 million by 2026, registering a CAGR of 6.9%. The Laboratory Automation Market report’s main goal is to impart industry knowledge and assist our clients in achieving organic growth in their specialized industries. For businesses and people interested in a certain industry or field, this research should be seen as a valuable source of information and guidance as it provides critical statistics on the global market status of the Market manufacturers. The primary accomplishment of this research is to provide strategic insight to businesses in this sector.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Laboratory is a setting that is equipped to perform scientific experiments, carry out research, and execute analyses of different scientific materials. Laboratory automation is a multi-disciplinary innovative approach use in the laboratory to increase productivity, streamline workflows, improve quality, reduce times, and increase efficiency of the laboratory process. Automated laboratory systems are widely use in biotechnology & pharmaceutical industries, research institutes, hospitals and academic institutes to enhance workflow.
The laboratory automation market is expected to experience significant growth during the forecast period owing to growth in adoption of automated laboratory equipment in pharmaceutical & R&D institutes, technological advancement in lab automation systems, and rising demand for miniaturize process equipment. In addition, increase in productivity, improve efficiency, lower cost of operation, reduce fluctuation in the production and enhance safety significantly driving the market growth. The global laboratory automation market is segmented based on product, application, end user, and region. Based on product type global market is segmented into equipment and software & informatics. Equipment are bifurcated into automated workstations, robotic systems, standalone systems, and others. Software & informatics further categorized into workstation/unit automation software, laboratory information management system LIMS, electronic laboratory notebook, and scientific data management system.
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The applications covered in the study include drug discovery, clinical diagnostics, genomics solutions, and proteomics solutions. According to end user market is classified into biotechnology & pharmaceutical industries, research institutes, and others. Based on region, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa and rest of LAMEA).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets. – It offers a quantitative analysis from 2018 to 2026, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities. – A comprehensive analysis of all the geographical regions is provided to determine the existing opportunities. – The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT – Agilent Technologies, Inc. – BioMerieux SA – Danaher Corporation – F. Hoffmann-La Roche AG – Hamilton Robotics – PerkinElmer, Inc. – Qiagen N.V. – Siemens AG – Tecan Group Ltd – Thermo Fisher Scientific Inc. LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.) – Abbot Diagnostics – Eppendorf
KEY MARKET SEGMENTS
By Product Type o Equipment ? Automated Workstations – Automated Liquid Handling o Automated Integrated Workstations o Pipetting Systems o Reagent Dispensers o Microplate Washers – Microplate Readers o Multi-mode Microplate Readers o Single-mode Microplate Readers – Automated ELISA Systems – Automated Nucleic Acid Purification Systems o Robotic Systems o Others o Software & Informatics o Workstation/Unit Automation Software o laboratory information management system LIMS o Electronic Laboratory Notebook o Scientific Data Management System Application o Drug discovery o Clinical diagnostics o Genomics solutions o Proteomics solutions End user o Biotechnology & pharmaceutical industries o Research institutes o Others
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By Region – North America o U.S. o Canada o Mexico – Europe o Germany o France o UK o Italy o Spain o Rest of Europe – Asia-Pacific o Japan o China o India o Australia o South Korea o Rest of Asia-Pacific – LAMEA o Brazil o Saudi Arabia o South Africa o Rest of LAMEA
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