Technavio has been monitoring the global laboratory automation systems market and the market is poised to grow by USD 1.07 billion during 2019-2023 at a CAGR of over 7% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled global laboratory automation systems market 2019-2023 (Graphic: Business Wire)
Read the 118-page research report with TOC on “Laboratory Automation Systems Market Analysis Report by end-user (pharmaceutical and biotechnology companies, clinical and reference laboratories, and academic institutes and research organizations), by geography (Asia, Europe, North America, and ROW), and Segment Forecasts, 2019 – 2023.”
The market is driven by the increasing use of automated solutions in the healthcare sector. In addition, the increase in vaccine production is anticipated to further boost the growth of the laboratory automation systems market.
Fully automated laboratory solutions allow researchers to devote more time to interpret and analyze the data as these solutions eliminate the need to engage in manually intensive tasks. These solutions include software and other services to generate accurate results and improve laboratory productivity. They also contribute to data driven insights to improve and optimize laboratory test performance. They can also handle the movement of specimens across disciplines and boost throughput. Thus, the increasing use of automated solutions in the healthcare sector is expected to drive market growth during the forecast period.
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Major Five Laboratory Automation Systems Market Companies:
Agilent Technologies is headquartered in the US and operates the business under various business segments such as Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The company offers Vertical Pipetting Station and Bravo Automated Liquid Handling Platform.
Danaher is headquartered in the US and offers products through the following business units: Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The company offers Biomek NXᴾ Automated Workstation and Biomek i7 Automated Workstation.
QIAGEN is headquartered in the Netherlands and has business operations under various business segments, namely Consumables and related, and Instrumentation. The company offers PyroMark Q48 Autoprep and QIAcube HT.
Thermo Fisher Scientific
Thermo Fisher Scientific is headquartered in the US and offers products through the following business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The company offers Versette Automated Liquid Handler and Versette Pipetting Heads.
PerkinElmer is headquartered in the US and offers products through the following business segments: Discovery & Analytical Solutions, and Diagnostics. The company offers chemagic Prime 4 Instrument, which is used for research applications.
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Laboratory Automation Systems End-User Outlook (Revenue, USD Million, 2019 – 2023)
- Pharmaceutical and biotechnology companies
- Clinical and reference laboratories
- Academic institutes and research organizations
Laboratory Automation Systems Regional Outlook (Revenue, USD Million, 2019 – 2023)
- North America
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Related Reports on Health Care are:
Clinical Reference Laboratory Services Market – Global Clinical Reference Laboratory Services Market by application (clinical chemistry, human and tumor genetics, medical microbiology and cytology, and other esoteric tests), end-users (hospitals and private clinics, corporate offices and companies, and government entities), service (standalone reference laboratories, hospital-based reference laboratories, and clinic-based reference laboratories), and geography (Asia, Europe, North America, and ROW).
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