Laboratory automation is a multi-disciplinary strategy to research, develop, optimize and capitalize on technologies in the laboratory that enable new and improved processes. The most widely known application of laboratory automation technology is laboratory robotics.
The driving forces of the lab automation market are miniaturization of the process, progressing drug discovery and clinical diagnostics, higher reproducibility and accuracy, large workforce demand and supply gap, greater productivity and reduction in costs, and better personnel safety. However the restraints of the market are lack of planning for technology development, automation not being a priority for small-medium labs, and indefinite data interchange and communication standards.
This research report meticulously analyzes the global lab automation market on the basis of equipment and software, applications, type of automation, end users and geography. The market are further divided into sub – segments by equipment and software as automated liquid handling, Microplate reader, stand alone robots where as by application like clinical diagnostics, drug discovery, genomic solution and proteomic solution and by automation as modular automation and total lab automation. This report also provides the lab automation market by end user like biotechnology and pharmaceutical, hospitals, academic and research institutes.
This research report meticulously provides the wide-ranging benefits of lab automation technology across the globe. The geographic regions covered in this report are North America (U.S, Canada), Europe (Germany, France, Italy, U.K, Spain), Asia- pacific (Japan, India, Chain) and rest of world (Latin America, Middle East Africa). North America accounted for the leading market share of the market, followed by Europe, in 2012. However, Asian, Pacific and Latin American countries signify budding markets, due to a rise in research outsourcing by pharmaceutical massive, grow in biotechnology sector investment, and increasing industry demand for standardization and authorization.
The major players in the lab automation market are Tecan Group, Ltd. (Switzerland), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Danaher (U.S.), Agilent Technologies (U.S.), and Hamilton Robotics (U.S.).
Source: Expert Interviews, Government Authorities, Related associations/Institutes, Related Research Publication, Government Publication, Company Press Release, Company Annual Reports, Company Website, Company Publication, SEC Filings, Meticulous Analysis.