As per the latest report by IMARC Group the global laboratory automation market reached a value of US$ 5.21 Billion in 2020.Laboratory automation uses devices and software to increase the efficiency of scientific research in laboratories through automated systems.
2. Report Description
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Report Description and Highlights
Global Laboratory Automation Market Research Report:
As per the latest report by IMARC Group, entitled “Laboratory Automation Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global laboratory automation
market reached a value of US$ 5.21 Billion in 2020.
Laboratory automation uses devices and software to increase the efficiency of scientific research in
laboratories through automated systems.
These systems usually comprise robots, conveyor systems, machine vision, and computer hardware
and software to improve the safety and accuracy of sample management. They also assist in real-time
analysis by eliminating human errors and considerably reducing the human workload as well.
Automation of steps like storing, sorting, decapping, recapping, retrieval, accessioning and
centrifugation saves time and improves the efficacy of the research procedure. Additionally, laboratory
automation aids to enhance the testing capacity and workflow, reduce cost per test, and minimize
turnaround time.
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Global Laboratory Automation Market Trends :
A rising number of retiring professionals along with the decreasing number of accredited training
programs have led a shortage of skilled employees in laboratories.
As a result, a shift toward automation has been witnessed to maintain the inflow of samples with
reduced chances of errors.
Apart from this, the utilization of automated systems in laboratories has also increased the productivity
of drug discovery process.
Similarly, the commercialization of automated specimen separation technique that uses automated
centrifugal force on the blood specimen is further expected to bolster the market growth.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2021-2026).
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Report Description and Highlights
Furthermore, governments of several countries are investing in research and development (R&D) to
enhance the existing research and develop new dimensions in the field. For instance, governments have
undertaken initiatives to increase test speeds and reduce cost inputs across automated laboratories.
Market Summary:
Breakup By End-Use :
• Biotechnology
• Pharmaceutical
• Hospitals and Diagnostic laboratories
• Research and Academic institutes
6. Breakup By Equipment :
• Automated Clinical
• Drug Discovery
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Breakup by Type :
• Modular automation
• Whole lab automation
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7. competitive landscape With Key player:
• Tecan Group
• Thermo Fisher
• Abbott Diagnostics
• Agilent Technologies
• Aurora Biomed, Becton
• Dickinson and Company
• BioMérieux, Biotek Instruments
• Brooks Automation and Cerner
• Hamilton Storage Technologies
• Lab Vantage Solutions
• Labware, Olympus and Qiagen
• Roche Holding and Siemens Healthcare
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Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients