Modular Laboratory Automation Global Market is Projected to Reach $5.7 Billion by 2030: High Growth Opportunities in Clinical Diagnostics


Dublin, July 03, 2023 (GLOBE NEWSWIRE) -- The "Modular Laboratory Automation: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Modular Laboratory Automation estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$5.7 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030.

Automated Liquid Handlers, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$1.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Automated Plate Handlers segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.3% CAGR

The Modular Laboratory Automation market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$298 Million by the year 2030 trailing a CAGR of 8.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 6.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 46 Featured) -

  • Agilent Technologies, Inc.
  • Beckman Coulter, Inc.
  • Becton, Dickinson and Company
  • Bio-Rad Laboratories, Inc.
  • Eppendorf AG
  • F. Hoffmann-La Roche Ltd.
  • Honeywell International Inc.
  • Hudson Robotics, Inc.
  • PerkinElmer, Inc.
  • QIAGEN N.V.
  • Shimadzu Scientific Instruments
  • Siemens Healthineers
  • Synchron Lab Automation
  • Tecan Group Ltd.
  • Thermo Fisher Scientific, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages397
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$3.6 Billion
Forecasted Market Value (USD) by 2030$5.7 Billion
Compound Annual Growth Rate5.9%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Modular Laboratory Automation
  • Modular Laboratory Automation: Current Market Scenario and Outlook
  • Developed Regions: Dominant Consumers
  • World Modular Laboratory Automation Market by Region: Percentage Breakdown of Revenues for Developed and Developing Regions (2019 & 2025)
  • Fast Paced Growth Identified in Developing Regions
  • World Modular Laboratory Automation Market - Geographic Regions Ranked by CAGR (Value) for 2018-2025: China, Asia-Pacific, USA, Rest of World, Canada, Europe, and Japan
  • Automated Liquid Handlers: The Largest Equipment Type
  • Automated Plate Handlers Exhibit Faster Growth
  • Robotic Arms Step In to Resolve Critical Handling Needs
  • Automated Storage & Retrieval Systems Continue to Make Gains
  • Advanced Software Tools Augment Laboratory Automation
  • Automated Analyzers Enhance Lab Test Outcomes
  • Modular Laboratory Automation - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise of Laboratory 4.0 to Change Dynamics in the Modular Laboratory Automation Market
  • Modular Laboratory Automation Gains Traction Amid Growing Need to Enhance Workflow Efficiencies and Reduce Costs
  • High Growth Opportunities in Clinical Diagnostics
  • Automation Plays an Important Role in Patient Treatment Management
  • As Laboratories Take On More Clinical Testing & Diagnostic Cases on the Back of Growing Global Healthcare Burden, Automation Becomes an Important Efficiency Enhancement Strategy
  • Global In-Vitro Diagnostics (IVD) Market (In US$ Million)
  • Uptrend in Drug Discovery Industry Builds Robust Market Momentum
  • Healthy Trajectory in Genomics Research Favors Market Growth
  • Market Stands to Gain from Growing Proteomics Research Volumes
  • Global Proteomics Market Sales in US$ Million for the Years 2019 and 2024
  • Improving Healthcare & Lifescience Expenditure to Turbo Charge Future Growth of the Market
  • World Healthcare Spending & Growth (in US$ Trillion) and % Real GDP Growth for the Years 2012 through 2018
  • Technology Advancements & Innovations Widen Scope & Span of Modulation Laboratory Automation
  • Sophisticated Laboratory Information Systems Inflate Automation Deployments

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/e8zeaq

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Global Market for Modular Laboratory Automation

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