Lab Automation For In-Vitro Diagnostic - Global Market Outlook (2019-2027)

Lab Automation For In-Vitro Diagnostic - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Lab Automation for In-Vitro Diagnostics Market is accounted for $4,315.48 million in 2019 and is expected to reach $8,288.33 million by 2027 growing at a CAGR of 8.5% during the forecast period. Some of the key factors propelling the market growth include flexibility and adaptability of lab automation systems, digital transformation for laboratories with IoT, innovative development in the IVD field, and increasing the demand for early remedies and diagnosis. However, lack of skilled laboratory professionals is likely to hamper the market.

In-vitro diagnostics (IVD) tests are basically medical devices that could be in the form of reagents, techniques, instruments, or a combination of these used in vitro for the examination of specimens, such as blood, urine, or tissue, with the goal of obtaining a diagnosis from assays in a controlled environment. Diagnostic tests are usually conducted in laboratories, private or public, equipped with appropriate and sometimes expensive instrumentation and staffed with trained and qualified personnel to perform the tests. Some IVDs can extend beyond the laboratory, hospital, or doctor’s office, thereby empowering patients with chronic diseases to self-monitor and manage their own conditions.

By end user, laboratories are one of the prime recipients of lab automation for In-Vitro diagnostics. Hospitals and private labs are considered as laboratories. Technological innovations have improved the productivity of clinical labs. Owing to the ongoing advances in connected technologies and cloud-based laboratory information management systems (LIMS) platforms, these tools are helping businesses to access the benefits of the digital transformation and provide laboratories a secure way to organize data, making accessing insights quick and easy, while allowing businesses to control which data is sent to third-party instrument vendors.

On the basis of geography, North America region is expected to have considerable market growth during the forecast period, owing to the availability of government funds, stringent FDA regulations, growing use of molecular diagnostics in genetic disorders and cancer screening, and the presence of most of the major players in this region. North America has been a pioneer in clinical research for years. The region also has the highest concentration of contract research organizations (CRO’s). Some of the sisgnificant CROs are Laboratory Corp. of America Holdings, IQVIA, Syneos Health, and Parexel International Corp.

Some of the key players in lab automation for in-vitro diagnostics market include Siemens Healthineers AG, Cognex Corporation, Tecan Group Ltd, Roche Holding AG, PerkinElmer Inc., Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Danaher Corporation, Abbott Laboratories, Agilent Technologies Inc., F. Hoffmann-La Roche Ltd, and Bee Robotics Ltd.

Equipments Covered:
• Automated Storage and Retrieval System
• Analyzer
• Automated Plate Handler
• Robotic Arm
• Automated Liquid Handler

End Users Covered:
• Laboratory
• Academic

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Lab Automation for In-Vitro Diagnostics Market, By Equipment
5.1 Introduction
5.2 Automated Storage and Retrieval System
5.3 Analyzer
5.4 Automated Plate Handler
5.5 Robotic Arm
5.6 Automated Liquid Handler
6 Global Lab Automation for In-Vitro Diagnostics Market, By End User
6.1 Introduction
6.2 Laboratory
6.3 Academic
7 Global Lab Automation for In-Vitro Diagnostics Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Siemens Healthineers AG
9.2 Cognex Corporation
9.3 Tecan Group Ltd
9.4 Roche Holding AG
9.5 PerkinElmer Inc.
9.6 Thermo Fisher Scientific Inc.
9.7 Becton, Dickinson and Company
9.8 Danaher Corporation
9.9 Abbott Laboratories
9.10 Agilent Technologies Inc.
9.11 F. Hoffmann-La Roche Ltd
9.12 Bee Robotics Ltd.
List of Tables
Table 1 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 3 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 4 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 5 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 6 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 7 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 8 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 9 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 10 Global Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)
Table 11 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Country (2018-2027) ($MN)
Table 12 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 13 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 14 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 15 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 16 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 17 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 18 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 19 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 20 North America Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)
Table 21 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Country (2018-2027) ($MN)
Table 22 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 23 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 24 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 25 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 26 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 27 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 28 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 29 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 30 Europe Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)
Table 31 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Country (2018-2027) ($MN)
Table 32 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 33 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 34 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 35 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 36 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 37 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 38 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 39 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 40 Asia Pacific Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)
Table 41 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Country (2018-2027) ($MN)
Table 42 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 43 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 44 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 45 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 46 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 47 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 48 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 49 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 50 South America Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)
Table 51 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Country (2018-2027) ($MN)
Table 52 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Equipment (2018-2027) ($MN)
Table 53 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Storage and Retrieval System (2018-2027) ($MN)
Table 54 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Analyzer (2018-2027) ($MN)
Table 55 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Plate Handler (2018-2027) ($MN)
Table 56 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Robotic Arm (2018-2027) ($MN)
Table 57 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Automated Liquid Handler (2018-2027) ($MN)
Table 58 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By End User (2018-2027) ($MN)
Table 59 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Laboratory (2018-2027) ($MN)
Table 60 Middle East & Africa Lab Automation for In-Vitro Diagnostics Market Outlook, By Academic (2018-2027) ($MN)

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