Lab Automation Market Scope And Analysis

  • Report Code : TIPHE100001249
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Lab Automation Market Analysis, Trends, and Scope 2021 to 2022

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Lab Automation Market Report Scope

Report Attribute Details
Market size in 2022 US$ 5,166.31 Million
Market Size by 2030 US$ 8,483.27 Million
Global CAGR (2022 - 2030) 6.4%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Product
  • Equipment and Software
By Application
  • Clinical Diagnostics
  • Drug Discovery
  • Proteomics Solutions
  • Genomics Solutions
By End User
  • Pharmaceutical Companies
  • Hospitals and Diagnostic Centers
  • Educational and Research Institutions
  • Contract Research Organizations
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Siemens Healthineers
  • Thermo Fisher Scientific Inc
  • Analytik Jena GmbH Co KG
  • Labman Automation Ltd
  • BD
  • Brooks Automation Inc
  • bioMerieux SA
  • CrelioHealth Inc
  • Danaher Corporation
  • Industry Developments and Future Opportunities: 

    Various initiatives taken by key players operating in the global lab automation market are listed below:

    1. In May 2023, Opentrons announced the launch of the Opentrons Flex robot, an innovative class of reasonably priced, easily programmable liquid-handling lab robots that will level the playing field for labs of all sizes and make advanced lab automation accessible to more researchers than ever. The Flex robot combines cutting-edge robotics with a vast open-source software ecosystem. It can be used with AI tools and has a nearly limitless capability for selecting new protocols.
    2. In March 2023, Brooks Automation US, LLC announced the acquisition of Aim Lab Automation Technologies Pty Ltd. Brooks's acquisition of Aim Lab aligns with the company's expansion plan to offer more solutions in the lab automation market. With its PreciseFlex product solutions, Brooks leads the life sciences collaborative automation market. Brooks' position in clinical diagnostics has increased beyond drug discovery with this acquisition. With PreciseFlex, Aim Lab will provide its clients with more capabilities, a global footprint, and opportunities to work together more closely.
    3. In February 2023, Automata launched LINQ, a new open, integrated laboratory automation platform. The LINQ platform includes an exclusive lab bench with built-in automation tools and strong, in-house lab orchestration software. As a result, labs may boost efficiency and accuracy while reducing the number of human touchpoints without adding more space for large, complicated equipment.
    4. In January 2023, BD (Becton, Dickinson and Company) launched a robotic track system for the BD Kiestra microbiology laboratory solution. This system automates lab specimen processing, potentially minimizing human labor and resulting in fewer wait times. With the new BD Kiestra 3rd Generation Total Lab Automation System, laboratories can link various BD Kiestra modules to build a unique and adaptable total lab automation configuration. It is also scalable to accommodate the changing needs of labs. By selecting from various track configurations and machines, labs can customize the automation system to match their unique workflow and physical lab space.
    5. In June 2022, Insilico Medicine launched an AI-run robotics lab. It is a real-world, interconnected expansion of Insilico's end-to-end AI-driven drug discovery platform. It will be remotely controlled by its AI system, with autonomous guided vehicles running experiments instead of human scientists. These robots will make cell culture, high throughput screening, next-generation sequencing, cell imaging, and genomics analysis and prediction.
    6. In May 2021, Beckman Coulter announced the global launch of the DxA 5000 Fit. The DxA 5000 Fit is a workflow automation system made to fit into medium-sized labs that perform fewer than 5,000 tests per day.

    Competitive Landscape and Key Companies:

    Siemens Healthineers, Thermo Fisher Scientific Inc, Analytik Jena GmbH+Co. KG, Labman Automation Ltd, BD, Brooks Automation Inc, bioMerieux SA, CrelioHealth Inc., Danaher Corporation, and F. Hoffmann-La Roche Ltd are among the prominent players operating in the lab automation market. These companies focus on new technologies, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios.