According to the latest report by IMARC Group,the global laboratory automation market reached a value of US$ 5.63 Billion in 2021.Laboratory automation, or lab automation, refers to the utilization of a set of instruments for performing lab processes. The equipment used in lab automation is embedded with an interface mechanism to enable different instruments to communicate and move specimens amongst each other. This equipment consists of conveyor belts, circuit boards, programable robotic equipment, a track system, and control software.
2. Report Description
About IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
3. Report Description
Report Description and Highlights
Global Laboratory Automation Market Outlook 2027:
According to the latest report by IMARC Group, titled “Laboratory Automation Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global laboratory automation
market reached a value of US$ 5.63 Billion in 2021.
Laboratory automation, or lab automation, refers to the utilization of a set of instruments for
performing lab processes. The equipment used in lab automation is embedded with an interface
mechanism to enable different instruments to communicate and move specimens amongst each other.
This equipment consists of conveyor belts, circuit boards, programable robotic equipment, a track
system, and control software.
Laboratory automation offers various benefits, such as reduced test costs, faster processing,
modularity, and decreased manual labor.It also eases the interaction with hospital information systems
(HIS) and laboratory information systems (LIS).
Request for a free sample: https://www.imarcgroup.com/laboratory-automation-
market/requestsample
4. Report Description
Report Description and Highlights
Global Laboratory Automation Market Trends:
There has been a significant shift from manual intervention to automated processes across clinical
laboratories for more reliable results, safer working conditions, improved productivity, and increased
savings on space, time and costs.
This shift is primarily driving the global lab automation market growth. The escalating demand for
miniaturization of research processes for performing complex tasks in microbiology, clinical chemistry,
and biotechnology is further fueling the market growth.
Other than this, the widespread establishment of research and development (R&D) institutions and
pharmaceutical laboratories across the globe is creating a positive outlook for the market.
Looking forward, IMARC Group expects the market to reach US$ 8.84 Billion by 2027, exhibiting at a
CAGR of 7.69% during 2022-2027.
5. Market Summary:
Breakup by Type:
• Modular Automation
• Whole Lab Automation
Breakup by Equipment and Software Type:
• Workstations
• LIMS (Laboratory Information Management Systems)
• Sample Transport Systems
• Specimen Handling Systems
• Storage Retrieval Systems
• Automated Drug Discovery Laboratory Systems
• Plate ReadersLIMS (Laboratory Information Management Systems)
• Robotic Systems
• Storage Retrieval Systems
• Dissolution Testing Systems
Report Description
Report Description and Highlights
6. Breakup by End-User:
• Biotechnology and Pharmaceutical Companies
• Hospitals and Diagnostic Laboratories
• Research and Academic Institutes
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Middle East and Africa
• Latin America
Report Description
Report Description and Highlights
8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients