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Concise Analysis of the International Lab Automation Market - Forecasts to 2017

DUBLIN, January 30, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7x57x6/lab_automation) has announced the addition of the "Concise Analysis of the International Lab Automation Market - Forecasts to 2017" report to their offering.

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The lab automation report (2012-2017) covers the market for modular and total lab automation (TLA). Modular automation is estimated to dominate TLA, and this trend is expected to continue during the forecast period, due to its affordability by a majority of small and medium-sized labs, and less space requirements. Based on equipment and software, the market includes automated liquid handling, microplate readers, robotics and software & informatics. Automated liquid handling forms a major market segment in terms of market share, whereas microplate readers are poised to grow at the highest CAGR during the forecast period. The report also covers the market by applications, including drug discovery, clinical diagnostics, genomics, and proteomics. Biotechnology and pharmaceutical industries form the leading contributors to this market.

The factors driving inclination towards automation include miniaturization of the process leading to reduction in overall costs, higher reproducibility and accuracy, large workforce demand and supply gap, and better safety. Yet, major concerns in this market are the capital intensive processes, lack of technological planning and management, and space requirements. However, the positive aspects very well offset the market restraints to grow at a stable rate. Lab automation is gaining greater acceptance in drug development and discovery for the fact that the cost of error in such activities is very high. Even low error rates can have a profound impact on project costs. Major opportunity for this market lies in automation of microbiology labs.

The global market is geographically segmented into North America, Europe, Asia, and Rest of World, with North America contributing the highest share, closely followed by Europe. This is attributed to an increasing demand for automation in genomics and proteomics research procedures, and growing demand for high throughput screening in the drug discovery process. However, a robust growth rate will be observed in the Asian region with China being the major growth driver during the forecast period. Factors behind this growth include a growing economy, increasing healthcare investments, large population pool, improving public health awareness, and rising demand for standardization and accreditation.

The global lab automation market is highly fragmented and competitive. Key players in this market are Tecan Group Ltd. (Switzerland); PerkinElmer, Inc. (U.S.), Danaher (Beckman Coulter & Molecular Devices) (U.S.), Thermo Fisher Scientific, Inc., (U.S.), Agilent Technologies, Inc. (U.S.), Hamilton Robotics (U.S.), Aurora Biomed Inc. (Canada), BioTek Instruments, Inc. (U.S.), BMG LABTECH GmbH (Germany), Eppendorf (Germany), Hudson Robotics (U.S.), Qiagen (Germany), Roche Diagnostics (Switzerland), and Siemens Healthcare (Germany).

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Global Lab Automation Market, By Equipment & Software

5 Global Lab Automation Market, By Application

6 Global Lab Automation Market, By Type Of Automation

7 Global Lab Automation Market, By End-Users

8 Geographic Analysis

9 Competitive Landscape

10 Company Profiles

Companies Mentioned:

  • ABBOTT Diagnostics
  • Agilent Technologies
  • Aurora Biomed
  • Biomérieux
  • Biotek Instruments
  • Beckman Coulter
  • Eppendorf Ag
  • Hamilton Robotics
  • Labware
  • Perkinelmer
  • Qiagen
  • Roche Holding
  • Siemens Healthcare
  • Tecan Group
  • Thermo FIsher ScientiFIc

For more information visit http://www.researchandmarkets.com/research/7x57x6/lab_automation

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

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