Laboratory Automation Systems Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Japan - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 172 SKU: IRTNTR70151

Laboratory Automation Systems Market Forecast 2024-2028

The global laboratory automation systems market size is estimated to grow by USD 2.01 billion at a CAGR of 8.68% between 2022 and 2027. 

There has been an increasing demand for laboratory automation software services across the globe. Companies have started offering software as an additional service with their laboratory automation systems to maintain customer loyalty and ensure quality results. In addition, these software services are equipped with an intuitive and flexible user interface, which enables the analysis of data sample. Moreover, these software services resemble the manual plating procedure.Furthermore, apart from being compliant with regulatory recommendations such as the Certificates of Analysis (COA) and the Certificates of Conformance (COC), these software services can be altered according to the needs of end-users.  Hence, such factors are positively impacting the market.

What will be the Size of the Laboratory Automation Systems Market During the Forecast Period?

To learn more about this report, Download Report Sample

Segmentation by End-user, Type and Geography Analysis

End-user Analysis

The pharmaceutical and biotechnology companies segment is estimated to witness significant growth during the forecast period. The growing focus of pharmaceutical and biotechnology companies on applications such as high-content screening (HCS) and the use of laboratory automation systems for drug discovery solutions have led to a substantial rise in productivity in the drug discovery process, which is driving the growth of the segment. In addition, during the drug discovery process, the screening of clinically relevant compounds is performed using laboratory automation systems such as automated liquid handling systems.

Get a glance at the market contribution of various segments Download PDF Sample

The pharmaceutical and biotechnology companies segment was the largest segment and was valued at USD 1.02 billion in 2018. Therefore, biological compounds that exhibit a specific property are isolated and used for drug development. In addition, at this stage, laboratory automation systems are used to quantify and analyze the screening assay swiftly by using precise and accurate quantities of liquid samples. Moreover, automated systems can function for a long duration with minimum monitoring and instruction, thereby allowing companies to concentrate on their core work and lower their time on repetitive tasks. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Type Analysis

The equipment segment in the global market is expected to register a significant growth fuelled by the growth of the equipment segment including technological advancements in laboratory automated equipment and an increasing focus on drug discovery and development. In addition, the rising adoption of personalized medicine and stringent regulatory requirements in industries such as pharmaceuticals, biotechnology, and healthcare necessitate the use of validated laboratory automated systems that comply with regulatory standards. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

The software and services segment in the global market is expected to grow as these software and services help the labs achieve standardized and real-time analysis. In addition, as more laboratories adopt automation solutions, the demand for software to manage and control these systems will increase. Moreover, this software includes laboratory information management systems (LIMS), laboratory information systems (LIS), chromatography data systems (CDS), electronic lab notebooks (ELN), and scientific data management systems (SDMS). Furthermore, the software serves to enable the user to define, execute, and monitor scientific processes and workflows in a powerful and easy-to-use visual environment. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

Regional Analysis

For more insights about the market share of various regions Download PDF Sample now!

North America is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers will shape the market during the forecast period.

Several factors such as significant investments made in the field of precision medicine, genomics, and proteomics; strong distribution networks; increasing focus of pharmaceutical companies on drug discovery and development; and presence of strong players such as Abbott Laboratories, Agilent Technologies Inc., and Thermo Fisher Scientific Inc. drive the market in the US. In addition, companies in the region are striving to launch new products and allied services such as software programs. This, in turn, is attracting end-users to purchase laboratory automation systems. Moreover, the implementation of robotics and automation has been supporting the transformation of the clinical research industry. Hence, such factors are driving the market in North America during the forecast period.

Buy Full Report Now

Key Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 19 market companies, including:

Abbott Laboratories: The company offers laboratory automations system such as GLP systems track. It is an innovative laboratory automation solution, offering to prove technology with flexibility and options to meet your high volume needs.

  • Agilent Technologies Inc.
  • Becton Dickinson and Co.
  • Bee Robotics Ltd.
  • Biosero Inc.
  • Cognex Corp.
  • Eppendorf SE
  • F. Hoffmann La Roche Ltd.
  • Gilson Inc.
  • LabVantage Solutions Inc.
  • LabWare Inc.
  • Olympus Corp.
  • PerkinElmer Inc
  • QIAGEN NV
  • SCINOMIX
  • Siemens AG
  • SPT Labtech Ltd.
  • Tecan Trading AG
  • Thermo Fisher Scientific Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. 

Key Drivers

The rising use of automated solutions in healthcare is driving the market. The main advantage of fully automated laboratory solutions can help save costs and generate accurate results. In addition, automated solutions can also help save the time of healthcare professionals, as automation replaces manually intensive tasks, which allows researchers to devote more time to analysis and data interpretation.

Moreover, automation solutions in healthcare, which include automated systems, software, and other services, also improve laboratory productivity, as they reduce the chances of human errors.  In addition, they also contribute to data-driven insights, as the technology used to automate processes delivers a large volume of data, which can be used for the improvement and optimization of laboratory test performance. Furthermore, laboratory automated systems collect data about the working of the process and use the information to improve the same process, which, in turn, will increase the throughput and reduce the workload on healthcare professionals. Hence, such factors are driving the market during the forecast period.

Significant  Trends

The adoption of standardization and automation in the in-vitro diagnostics industry is an emerging trend in the market. With the reduction in clinical laboratory fees, profitability per test is declining, which makes it essential for the laboratories to focus on the volume rather than the value. In addition, it is important to obtain error-free results to ensure patient satisfaction.

Moreover, this has further encouraged the laboratories to procure more automated systems with effective workflow solutions such as laboratory automation systems. In addition, in the US, laboratories are prompted to adopt automation due to the heavy influx of patients with insurance coverage. Furthermore, the exploitation of enzymes and substrates with higher catalytic activity, better stability, and more suitable kinetics, the development of new labeling skills, and the construction of new methods are crucial for future research, which will require many laboratory procedures using laboratory automation systems. Hence, such factors are driving the market during the forecast period.

Major Challenges

The lack of adoption of automated solutions by small-scale and medium-scale laboratories is a major challenge hindering market. Medium and small-scale laboratories handle a lesser volume of samples, as they are mostly established to address specific applications such as diagnosis and testing of biological samples. In addition, these laboratories lack adequate budgets, staff, or planning. Therefore, they do not focus on automation.

Moreover, small and medium-scale laboratories are hesitant to procure laboratory automation systems due to a lack of floor space. In addition, large-scale facilities can afford automated solutions such as laboratory automation systems for processes such as profiling of chemically relevant compounds, high-content screening (HCS), and large-scale cell culture development and maintenance. Furthermore, small and medium-scale laboratories cannot use such technologically advanced products due to a lack of space and budget. Hence, such factors are hindering the market during the forecast period.

Buy Now Full Report

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

 Customer Landscape

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028. 

  • End-user Outlook
    • Pharmaceutical and biotechnology companies
    • Clinical and reference laboratories
    • Academic institutions and research organizations
    • Others
  • Type Outlook
    • Equipment
    • Software and services
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of the World (ROW)
      • Australia
      • Argentina
      • Brazil

Market Analyst Overview

The market is experiencing a transformative shift, especially in academic and research institutes. Automation is revolutionizing the field with automated instruments and streamlined processes, enabling safe working conditions and reliable results. This minimizes effort, enhances efficiency, and reduces physical strain on researchers. From sample handling to verifications and labeling tubes, automation optimizes laboratory equipment for various research processes, including microbiology and clinical chemistry.

The Continuous Flow segment and Discrete Processing segment demonstrate substantial revenue share, particularly in clinical chemistry analysis. Automation ensures high throughput analysis, efficient data analysis, and precise sample preparation. It caters to the diverse needs of small and medium-sized laboratories while adhering to stringent quality control requirements.The Modular Automation Systems segment stands out with its mix-and-match and flexibility capabilities, offering tailored solutions for specific laboratory needs. The Total Automation segment, coupled with customization services, exemplifies the industry's commitment to accuracy, time and cost savings, and integration. As government legislation encourages automation, the Lab Automation Market is poised for continuous growth, revolutionizing scientific laboratory supplies and research practices.

Laboratory Automation Systems Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.68%

Market Growth 2024-2028

USD 2.01 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

8.26

Regional analysis

North America, Europe, Asia, and the Rest of the World (ROW)

Performing market contribution

North America at 42%

Key countries

US, Germany, UK, China, and Japan

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott Laboratories, Agilent Technologies Inc., Becton Dickinson and Co., Bee Robotics Ltd., Biosero Inc., Cognex Corp., Eppendorf SE, F. Hoffmann La Roche Ltd., Gilson Inc., LabVantage Solutions Inc., LabWare Inc., Olympus Corp., PerkinElmer Inc, QIAGEN NV, SCINOMIX, Siemens AG, SPT Labtech Ltd., Tecan Trading AG, and Thermo Fisher Scientific Inc.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Sample PDF at your Fingertips

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the between 2024 and 2028
  • Precise estimation and its contribution to the market in focus on the parent market
  • Detailed market research and growth analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies position and classification
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
  • Thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report of factors that will challenge the growth of companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global laboratory automation systems market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global laboratory automation systems market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Pharmaceutical and biotechnology companies - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Pharmaceutical and biotechnology companies - Year-over-year growth 2023-2028 (%)
    • 6.4 Clinical and reference laboratories - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Clinical and reference laboratories - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Clinical and reference laboratories - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Clinical and reference laboratories - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Clinical and reference laboratories - Year-over-year growth 2023-2028 (%)
    • 6.5 Academic institutions and research organizations - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Academic institutions and research organizations - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Academic institutions and research organizations - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Academic institutions and research organizations - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Academic institutions and research organizations - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ billion)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Equipment - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Equipment - Year-over-year growth 2023-2028 (%)
    • 7.4 Software and services - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Software and services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Software and services - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Software and services - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Software and services - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 Asia - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 9.7 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.8 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Abbott Laboratories
              • Exhibit 115: Abbott Laboratories - Overview
              • Exhibit 116: Abbott Laboratories - Business segments
              • Exhibit 117: Abbott Laboratories - Key news
              • Exhibit 118: Abbott Laboratories - Key offerings
              • Exhibit 119: Abbott Laboratories - Segment focus
            • 12.4 Agilent Technologies Inc.
              • Exhibit 120: Agilent Technologies Inc. - Overview
              • Exhibit 121: Agilent Technologies Inc. - Business segments
              • Exhibit 122: Agilent Technologies Inc. - Key offerings
              • Exhibit 123: Agilent Technologies Inc. - Segment focus
            • 12.5 Bee Robotics Ltd.
              • Exhibit 124: Bee Robotics Ltd. - Overview
              • Exhibit 125: Bee Robotics Ltd. - Key offerings
            • 12.6 Eppendorf SE
              • Exhibit 126: Eppendorf SE - Overview
              • Exhibit 127: Eppendorf SE - Product / Service
              • Exhibit 128: Eppendorf SE - Key news
              • Exhibit 129: Eppendorf SE - Key offerings
            • 12.7 Gilson Inc.
              • Exhibit 130: Gilson Inc. - Overview
              • Exhibit 131: Gilson Inc. - Product / Service
              • Exhibit 132: Gilson Inc. - Key offerings
            • 12.8 LabVantage Solutions Inc.
              • Exhibit 133: LabVantage Solutions Inc. - Overview
              • Exhibit 134: LabVantage Solutions Inc. - Product / Service
              • Exhibit 135: LabVantage Solutions Inc. - Key offerings
            • 12.9 LabWare Inc.
              • Exhibit 136: LabWare Inc. - Overview
              • Exhibit 137: LabWare Inc. - Product / Service
              • Exhibit 138: LabWare Inc. - Key offerings
            • 12.10 Olympus Corp.
              • Exhibit 139: Olympus Corp. - Overview
              • Exhibit 140: Olympus Corp. - Business segments
              • Exhibit 141: Olympus Corp. - Key news
              • Exhibit 142: Olympus Corp. - Key offerings
              • Exhibit 143: Olympus Corp. - Segment focus
            • 12.11 PerkinElmer Inc
              • Exhibit 144: PerkinElmer Inc - Overview
              • Exhibit 145: PerkinElmer Inc - Business segments
              • Exhibit 146: PerkinElmer Inc - Key news
              • Exhibit 147: PerkinElmer Inc - Key offerings
              • Exhibit 148: PerkinElmer Inc - Segment focus
            • 12.12 QIAGEN NV
              • Exhibit 149: QIAGEN NV - Overview
              • Exhibit 150: QIAGEN NV - Product / Service
              • Exhibit 151: QIAGEN NV - Key news
              • Exhibit 152: QIAGEN NV - Key offerings
            • 12.13 SCINOMIX
              • Exhibit 153: SCINOMIX - Overview
              • Exhibit 154: SCINOMIX - Product / Service
              • Exhibit 155: SCINOMIX - Key offerings
            • 12.14 Siemens AG
              • Exhibit 156: Siemens AG - Overview
              • Exhibit 157: Siemens AG - Business segments
              • Exhibit 158: Siemens AG - Key news
              • Exhibit 159: Siemens AG - Key offerings
              • Exhibit 160: Siemens AG - Segment focus
            • 12.15 SPT Labtech Ltd.
              • Exhibit 161: SPT Labtech Ltd. - Overview
              • Exhibit 162: SPT Labtech Ltd. - Product / Service
              • Exhibit 163: SPT Labtech Ltd. - Key offerings
            • 12.16 Tecan Trading AG
              • Exhibit 164: Tecan Trading AG - Overview
              • Exhibit 165: Tecan Trading AG - Business segments
              • Exhibit 166: Tecan Trading AG - Key offerings
              • Exhibit 167: Tecan Trading AG - Segment focus
            • 12.17 Thermo Fisher Scientific Inc.
              • Exhibit 168: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 169: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 170: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 171: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 172: Thermo Fisher Scientific Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 173: Inclusions checklist
                • Exhibit 174: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 175: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 176: Research methodology
                • Exhibit 177: Validation techniques employed for market sizing
                • Exhibit 178: Information sources
              • 13.5 List of abbreviations
                • Exhibit 179: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              laboratory automation systems market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis