The rising need for high-throughput genomics in research labs and increase in genetic testing in diagnostic labs along, with better accuracy and reproducibility is contributing to the growth of lab automation solutions in genomics.
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Major players in lab automation market include Tecan Group (Switzerland), PerkinElmer (US), Danaher (Beckman Coulter & Molecular Devices) (US), Thermo Fisher (US), Agilent Technologies (US), Hamilton Robotics (US), Abbot Diagnostics (US), Eppendorf (Germany), QIAGEN (Netherlands), Roche Diagnostics (Switzerland), and Siemens Healthcare (Germany).
Lab Automation Market, By Equipment And Software
- Automated Workstations
- Automated Liquid Handling Systems
- Automated Integrated Workstations
- Multi-mode Microplate Readers
- Filter-based Readers
- Monochromators-based Reader
- Automated Elisa Systems
- Automated Nucleic Acid Purification Systems
- Robotic Systems
The global lab automation market is expected to reach USD 5.20 Billion by 2022 from USD 4.06 Billion in 2017, at a CAGR of 5.1%. Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of this market.
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Lab automation market is segmented into automated workstations, off-the-shelf workcells, robotic systems, automated storage and retrieval system, software, and other equipment. In 2017, automated workstation segment is expected to account for largest share of lab automation market.
High demand for automation in liquid handling is key factor driving market growth in this segment.
3 Market Share Analysis, 2016
4 Competitive Scenario
5 Product Launches and Enhancements
6 Agreements and Collaborations
9 Other Developments
Lab automation is defined as use of technology to streamline or substitute manual manipulation of equipment and processes. Degree of automation that any lab requires depends on its workflow.
While an academic research lab may prefer to use only some instruments in order to increase productivity & reduce time spent on a tedious task, a drug discovery unit in a pharmaceutical company will perhaps need to automate all of its research phases.
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In addition, lab automation market offers enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents. Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of this market.
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