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Global Laboratory Automation Systems Market 2019-2023

Global Laboratory Automation Systems Market 2019-2023

About this market

Vendors have started offering software as an additional service with their laboratory automation systems, to maintain customer loyalty and ensure quality results. These software services are equipped with an intuitive and flexible user interface, which enables the analysis of data sample. These software services resemble the manual plating procedure. 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. It is versatile and can run on different platforms such as Windows XP, Windows Vista: and Windows 7. Such software services have been designed specifically for life sciences research and enhance the drug discovery process. Additionally, these programs support real-time analysis and save and send the data in several common file formats. They have built-in calculations for data analysis and help save time and generate high-quality results, thereby driving the market. Technavio’s analysts have predicted that the laboratory automation systems market will register a CAGR of over 7% by 2023.

Market Overview

Rising use of automated solutions in healthcare

Fully automated laboratory solutions can help save cost and generate accurate results. 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. Automation solutions in healthcare, which include automated systems, software, and other services, also improve laboratory productivity, as they reduce the chances of human errors.

Lack of adoption of automated solutions by small-scale and medium-scale laboratories

Medium and small-scale laboratories handle a lower volume of samples as they are mostly established to address specific applications such as diagnosis and testing of biological samples. These laboratories lack adequate budgets. staff, or planning. Therefore, they do not prioritize automation. Moreover, small-and medium-scale laboratories are reluctant to procure laboratory automation systems due to lack of floor space.

For the detailed list of factors that will drive and challenge the growth of the laboratory automation systems market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be mildly fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Laboratory Automation Systems Market 2019-2023

Technavio recognizes the following companies as the key players in the global laboratory automation systems market: Agilent Technologies, Danaher, PerkinElmer, QIAGEN, Thermo Fisher Scientific.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising number of FDA- approved manufacturing facilities in developing countries.”

According to the report, one of the major drivers for this market is the high demand for protein crystallization and crystallography.

Further, the report states that one of the major factors hindering the growth of this market is the ethical issues associated with the use of stem cells can impact the demand for laboratory automation systems in laboratory.

Companies Mentioned

Agilent Technologies

Danaher

PerkinElmer

QIAGEN

Thermo Fisher Scientific

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Pharmaceutical and biotechnology companies - Market size and forecast 2018-2023
Clinical and reference laboratories - Market size and forecast 2018-2023
Academic institutes and research organizations - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
Asia - Market size and forecast 2018-2023
ROW - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Agilent Technologies
Danaher
PerkinElmer
QIAGEN
Thermo Fisher Scientific
PART 14: APPENDIX
Research methodology
List of abbreviations
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Global healthcare market
Exhibit 02: Segments of global healthcare market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: End-user - Market share 2018-2023 (%)
Exhibit 18: Comparison by end-user
Exhibit 19: Pharmaceutical and biotechnology companies - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Pharmaceutical and biotechnology companies - Year-over-year growth 2019-2023 (%)
Exhibit 21: Clinical and reference laboratories - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Clinical and reference laboratories - Year-over-year growth 2019-2023 (%)
Exhibit 23: Academic institutes and research organizations - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Academic institutes and research organizations - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by end-user
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: Asia - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Asia - Year-over-year growth 2019-2023 (%)
Exhibit 35: ROW - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: ROW - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Agilent Technologies - Vendor overview
Exhibit 46: Agilent Technologies - Business segments
Exhibit 47: Agilent Technologies - Organizational developments
Exhibit 48: Agilent Technologies - Geographic focus
Exhibit 49: Agilent Technologies - Segment focus
Exhibit 50: Agilent Technologies - Key offerings
Exhibit 51: Danaher - Vendor overview
Exhibit 52: Danaher - Business segments
Exhibit 53: Danaher - Organizational developments
Exhibit 54: Danaher - Geographic focus
Exhibit 55: Danaher - Segment focus
Exhibit 56: Danaher - Key offerings
Exhibit 57: PerkinElmer - Vendor overview
Exhibit 58: PerkinElmer - Business segments
Exhibit 59: PerkinElmer - Organizational developments
Exhibit 60: PerkinElmer - Geographic focus
Exhibit 61: PerkinElmer - Segment focus
Exhibit 62: PerkinElmer - Key offerings
Exhibit 63: QIAGEN - Vendor overview
Exhibit 64: QIAGEN - Business segments
Exhibit 65: QIAGEN - Organizational developments
Exhibit 66: QIAGEN - Geographic focus
Exhibit 67: QIAGEN - Segment focus
Exhibit 68: QIAGEN - Key offerings
Exhibit 69: Thermo Fisher Scientific - Vendor overview
Exhibit 70: Thermo Fisher Scientific - Business segments
Exhibit 71: Thermo Fisher Scientific - Organizational developments
Exhibit 72: Thermo Fisher Scientific - Geographic focus
Exhibit 73: Thermo Fisher Scientific - Segment focus
Exhibit 74: Thermo Fisher Scientific - Key offerings

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