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Global Lab Automation Market to Portray a 2.5x Increase in Revenue by the End Of 2027

March 1st, 2021 Future Market Insights Releases

A recent research report on lab automation market skilfully crafted by Future Market Insights reveals several aspects of the global market along with key trends and developments taking place. The research publication titled “Lab Automation Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” uncovers numerous facets such as opportunities, drivers and trends that have an influence over the growth of the entire market.

Moreover, along with current market scenario and historical market data, this research report has outlined future market projections that reveal the future direction of the global market in terms of growth rate and valuation of the entire market considering all crucial market segments that define the global market. This data has been assessed across key regions in the globe to get a clear market picture in the current timeline as well as in the future.

Global Lab Automation Market: Segmental Analysis

The global lab automation market has been segmented by component, by application, by end user and by region.

  • By application, diagnostics and life sciences segment both reflect higher potential in the years to come. However, the diagnostics segment is expected to dominate the global market with a higher market revenue. By 2027 end, it is estimated to reach US$ 1.3 Bn and is projected to grow at the highest CAGR during the assessment period
  • By component, the devices segment is expected to grow at the highest pace to register a CAGR of 9.7% to reach a significant value that supports this segment to cement its lead in the coming years
  • By region, North America is highly lucrative region and leads the regional markets in lab automation in the years to come. Asia Pacific excluding Japan (APEJ) region also shows high potential during the 2017-2027 timeline

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-394

Global Lab Automation Market: Dynamics

Advancements in lab automation, increasing adoption of lab automation across the globe in several end use industries and applications,    rising funding for research and development, availability of compatible solutions for lab automation, rising strategic consolidation among service providers and end users, increasing preference for branded products, increasing technological changes, ease in FDA clearance, increasing academic research activities, favourable government policies, demand for automation in sample handling processes in laboratories, increasing reliance of scientists and researchers on the automation technology, increasing CROs (Contract Research Organizations) and increasing distribution and collaboration agreements to increase service and product reach are supporting the growth of the global lab automation market.

Also, lab automation is considered as a single solution for multiple functionalities, which is triggering the adoption of lab automation thus driving the global market. However, aspects like lack of healthcare infrastructure in certain developing regions, higher initial cost, challenges in vendor selection and complex integration of lab tools have been posing challenges to the growth of the global market.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-394

Global Lab Automation Market: Key Future Projections

The global lab automation market is projected to grow at a high CAGR of 9.6% throughout the period of forecast, 2017-2027 and is estimated to reach a market valuation of more than US$ 3 Bn by the end of the assessment year from a value of about US$ 1.2 Bn in 2017.

Key Segments Covered in the Lab Automation Market Report

Component Type

  • Devices
    • Biochemistry Devices
    • Molecular Devices
    • Hematology Devices
    • Immunology Devices
    • Microbiology Devices
    • Others

Software

  • Scheduling Software
  • Momentum Integration Software

Application

  • Life Sciences Research and Development
  • Drug Discovery
  • Diagnostics

End User

  • Pharmaceutical Companies
  • Hospitals and Diagnostic Centers
  • Educational Institutions
  • Contract Research Organizations (CROs)
  • Research Institutes

Key Regions

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

Global Lab Automation Market: Competitive Assessment

The research study on global lab automation market includes a detailed competitive assessment that includes key players such as Abbott Laboratories, Agilent Technologies, Perkin Elmer, Inc., Thermo Fisher Scientific, Inc., Siemens Healthcare, Danaher Corporation, Becton, Dickinson and Company and Transcriptic Inc.

Preview Analysis Global  Lab Automation Market Segmentation By Component – Devices(Biochemistry Devices, Molecular Devices, Haematology Devices, Immunology Devices, Microbiology Devices, Others), Software, Scheduling Softwares, Momentum Integrated softwares; By Application – Life Sciences Research and Development, Drug- Delivery, Diagnostics: https://www.futuremarketinsights.com/reports/lab-automation-market

More from FMI’s Healthcare, Pharmaceuticals and Medical devices Intelligence:

  • Dermatology Devices Market Segmentation By Product Type – Lasers, RF Devices and Microdermabrasion Devices, By Application – Vascular Lesions, Tattoo Removal, Hair Removal, Wrinkle Removal, Scar Removal and Acne Removal, By End User – Hospitals, Specialty Dermatology Clinics and Private Clinics

  • Central Venous Catheter Market Segmentation By Product Type – Tunnelled Catheters and Non-Tunnelled Catheters, By Property – Antimicrobial Catheters and Non Antimicrobial Catheters, By Design – Single Lumen, Double Lumen and Multi Lumen, By Composition – Polyurethane, Polyurethane / Poly Carbonate and Silicone

  • Intraosseous Infusion Devices Market Segmentation By Product Type – B.I.G (Bone Injection Gun), FAST1, EZ-IO, FAST Responder, Intraosseous Needles, Others; By Technology – Manual, Automatic; By End User – Emergency Medical Services, Hospitals, Ambulatory Surgical Centres, Cardiac Care Centres; By Route of Administration – Sternum, Distal & Proximal Tibia, Distal Femur, Calcaneus, Head of Humerus

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Abhishek Budholiya

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Report: https://www.futuremarketinsights.com/reports/lab-automation-market

Press Release Source: https://www.futuremarketinsights.com/press-release/lab-automation-market

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