What is Laboratory Automation?
Laboratory automation is a multi-disciplinary strategy to research, develop, optimize and capitalize on technologies in the laboratory that enable new and improved processes. Laboratory Automation (LA) is an automation system that is mainly used for the purpose of performing any kind of repetitive tasks in the laboratory. It replaces human operators with robotic devices when preparing and transporting samples. It consolidates the control of several different analysers to a smaller number of operators and thus reduces the costs for laboratory tests. The benefits of full laboratory automation include reducing human error in sample handling, improvements in overall process control, and faster turnaround times (TAT) from sampling to reporting test results. Most clinical laboratories will soon be deciding to implement Laboratory Automation (LA), or parts thereof, to reduce operating costs to meet declining reimbursements for medical services. With Laboratory Automation, laboratories can flexibly meet changing requirements, optimize operational efficiency, improve workflow functions, and improve productivity at a reasonable cost.
The market study is broken down by Type (Software, Automated Workstations, Off-The-Shelf Automated Workcells, Microplate Readers, Robotic Systems, Automated Storage & Retrieval Systems and Other Equipments ), by Application (Drug Discovery, Clinical Diagnostics, Proteomics Solutions and Genomics) and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Laboratory Automation market throughout the predicted period.
Thermo Fisher Scientific Inc. (United States), Inpeco SA (Switzerland), Siemens Healthcare (Germany), Roche Holding AG (Switzerland), Abbott Laboratories (United States), Danaher Corporation (Beckman Coulter) (United States), Tecan Group Ltd (Switzerland), Hudson Robotics Inc. (United States), Becton Dickinson & Co. (United States) and Synchron Lab Automation (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Shimadzu Medical Systems (Japan), Agilent Technologies Inc. (United States), PerkinElmer Inc. (United States) and Sysmex Corporation (Japan).
AdvanceMarketAnalytics has segmented the market of Global Laboratory Automation market by Type, Application and Region.
On the basis of geography, the market of Laboratory Automation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Software, the sub-segment i.e. Laboratory Information Management System (LIMS) will boost the Laboratory Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals and Diagnostic Laboratories will boost the Laboratory Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On May 6, 2019, Abbott has launched a new, smarter heart monitor for better arrhythmia detection positive news for people at risk for irregular heartbeats. Now with CE Mark in Europe and U.S. Food and Drug Administration (FDA) clearance, the next-generation Confirm Rx insertable cardiac monitor (ICM), a paperclip-sized implantable device, combines smartphone connectivity and continuous, remote monitoring to track unpredictable heart rhythm problems for a fast and accurate diagnosis.
- The Increased Spending On Healthcare Services
- The Growing Need of Low Regent Cost, High Productivity, and Reproducibility
- The Demand for Increased Sample Results, Handling, Data Integrity and Short Method Development Time
- Increasing Demand for Higher Accuracy in the Results of the Testing Done In the Laboratories
- Rising Aging Population Along With Growing Number of Diagnostic Test Performed In Laboratories
- Increasing Spending's on Research and Development
- Use of Software Related Automation Might have the Risk of Data Theft
- High Cost of Laboratory Automation
- The Need for Highly Skilled Personnel
- Lack of Adoption of Laboratory Automation among the Small and Medium-Sized Laboratories
Key Target AudienceProviders of Laboratory Automation, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase