Lab Automation Market Poised for Robust Growth
Lab Automation Market Report Overview :
The new market intelligence report published by research firm, Maximize Market Research, indicates the lucrative growth for Lab Automation Market suppliers in the forecast period through 2029. The Lab Automation Market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global market.
Market Values:
size was valued at US$ 5.59 Bn. in 2022 and the total revenue is expected to grow at 8.1% through 2023 to 2029, reaching nearly US$ 9.65 Bn.
Report Scope:
The comprehensive report on the Lab Automation Market provides a detailed analysis of market dynamics, including drivers, restraints, opportunities, and challenges. The study encompasses market segments by form, source, packaging type, distribution channel, and application, offering valuable insights for stakeholders.
Research Methodology:
The report employs a robust research methodology, incorporating data analysis, statistical insights, and market trends. Market participants, regions, and specific requirements are meticulously examined to offer a comprehensive overview of market improvements.
For a detailed market analysis, please refer to the research report summary :https://www.maximizemarketresearch.com/request-sample/104879
Lab Automation Market Regional Analysis :
This section of the report includes government initiatives in each region that contributes to global Lab Automation market growth. The Lab Automation market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates. The report includes all the regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Lab Automation Market Segmentation :
The global lab automation market is divided into four segments based on the application: electrolyte analysis, immunoassay analysis, photometry & fluorometry, and clinical chemistry analysis. With a market share of 27.4.6% in 2021, the Clinical Chemistry Analysis category held the highest share. This high percentage can be attributed to advancements in technology, a rise in automated systems offered by industry participants, and an increase in automated system usage due to the advantages of these systems—risk of contamination is decreased, human error is eliminated, and so on.
The retail, healthcare, and pharmaceutical, manufacturing, transportation and logistics, energy and utilities, government, and others segments make up the worldwide lab automation market, which is further divided based on vertical. In 2021, the Manufacturing category accounted for 36.6% of the total market share. The increasing number of manufacturing facilities in developing nations like Mexico and India has increased the amount of inventory and raw materials that are outsourced to these industries. For instance, the 'Make in India' programme of the Indian government may increase domestic output since it heavily emphasises the development of the domestic manufacturing sector. These initiatives contribute positively to the growth of the industrial sector over the anticipated period.
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Lab Automation Market Key Players :
1. Tecan Group Ltd
2. Thermo Fisher Scientific Inc
3. Danaher Corporation
4. Hamilton
5. F. Hoffmann-La Roche Ltd.
6. Qiagen N.V.
7. Abbott Laboratories
8. Siemens AG
9. PerkinElmer Inc.
10. Agilent Technologies, Inc.
11. bioMerieux
12. Eppendorf
13. Bruker
14. Avantor
15. Smiths Group
16. Corning
17. Agilent
18. Roche
19. Bio-Rad
20. Gilson
21. Eppendorf
22. Beckman Coulter Life Sciences
23. PerkinElmer
24. Analytik Jena
25. VWR International
26. Shimadzu
27. SCIEX
28. HORIBA
29. Heska Corporation
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Regional Insights:
Asia-Pacific: Dominated the market in 2022, driven by leading exporting countries like China and India. South Korea emerged as a significant importer, contributing to regional market growth.
Europe: Held the second-largest market share, with countries like Germany, Netherlands, and Spain being key importers and exporters of Lab Automation.
North America: Led by the United States, which accounted for the largest import volume in 2022, driven by investments in healthcare and cosmetics industries.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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