Lab Automation Market Overview
Renowned global business consultancy firm, Maximize Market Research, has unveiled its latest report titled “ Lab Automation Market."Maximise Market Research meets the needs of both major and medium-sized enterprises globally, with a sizable customer in over 34 countries. As per the insights provided by research analysts, the Asia Pacific region emerges as a notably promising prospect for Lab Automation market and component manufacturers in the coming decade. The report conducts a comprehensive assessment of the market’s post-Covid lockdown performance, uncovering that despite economic deceleration, the market demonstrates a favorable upward trajectory.
Lab Automation Market Growth Highlights :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.
Lab Automation Market Scope
Market analysts project a steady rise in the Lab Automation Market from 2022 to 2029. Key players within the industry are anticipated to persist in implementing robust strategies to propel rapid sectoral expansion throughout 2022.
The analytical report concerning the Lab Automation market encompasses a broad spectrum of elements, comprising import and export consumption, supply and demand dynamics, costs, market shares, sales volumes, revenues, and gross profits. Moreover, the report scrutinizes manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer engaged in the Lab Automation market. The report includes comprehensive research on multiple countries (regions) such as the United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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Segmentation:
The total automation systems and modular automation systems product categories make up the worldwide lab automation market, respectively. In 2022, the sector for Total Automation Systems had the highest market share at 48.3%. because these systems offer a wide range of benefits. Advances in this persuasion in several life science operations are one of the key reasons anticipated to fuel the segment's expansion during the projected period. The two types of automation systems employed in the market are total automation systems and modular automation systems. Total automation systems are further divided into stages for future processing. Current trends in the use of lab automation systems, such as benchtop automation systems, by drug discovery laboratories are generally motivated by the need to facilitate repetitive tasks.
The worldwide lab automation market is divided into four applications: immunoassay analysis, photometry & fluorometry, clinical chemistry analysis, and electrolyte analysis. In 2021, the Clinical Chemistry Analysis market category accounted for the biggest market share with 27.4.6%. This high proportion may be attributed to advancements in technology, a rise in the number of automated systems offered by market participants, and a growth in the usage of automated systems as a consequence of their advantages, which include a lower risk of contamination and the elimination of human error, among others.
The automation of immunoassays has seen notable technical advancements. Thanks to automated and hands-free processing of various small batches of immunoassays in research laboratories, the possible end-user has a variety of possibilities for immunoassay analysis. Using automated systems in forensic analysis.
The retail, healthcare, and pharmaceutical, manufacturing, transportation and logistics, energy and utilities, government, and others are the verticals into which the worldwide lab automation market is divided. In 2021, the Manufacturing sector had the most market share at 36.6%. The outsourcing of inventories and manufacturing raw materials has increased as a result of the rising number of manufacturing facilities in developing nations like Mexico and India. For instance, the 'Make in India' programme of the Indian government emphasises the expansion of the domestic manufacturing sector and might increase local output. Such initiatives are beneficial for the industrial sector's expansion during the anticipated timeframe.
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
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ :https://www.maximizemarketresearch.com/request-sample/104879
Regional Analysis
The report covers the five primary global regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. Within the context of Lab Automation Industry Research, the report identifies noteworthy geographies, segments, and sub-segments within the market. It offers extensive numerical data, an intricate revenue analysis, and a detailed exploration of geographical aspects. Furthermore, the report delves into the intricate structure of the business chain. It also accentuates opportunities and noteworthy industry developments pertinent to the Lab Automation market.
Key Questions answered in the Lab Automation Market Report are:
What is Lab Automation Market?
What is the forecast period of the Lab Automation Market?
What is the competitive scenario of the Lab Automation market?
Which region held the largest market share in the Lab Automation Market?
What are the opportunities for the Lab Automation Market?
What are the restraining factors in the Lab Automation market?
Who are the key players of the Lab Automation market?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Lab Automation
Landscape- Leading key players and other prominent key players.
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 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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