Global Laboratory Automation Systems Market
Medical Equipment

Laboratory Automation Systems Market Forecast 2023-2032: Size, Key Players And Segments

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest laboratory automation systems market share.

The global laboratory automation systems market is expected to grow from $5.87 billion in 2022 to $6.21 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The laboratory automation systems market is expected to grow from $7.43 billion in 2027 at a CAGR of 4.6%.

Major Driver In The Laboratory Automation Systems Market ­– Increase In Demand For Microbiology Testing And Standardization Of Sample-Collection Devices For Microbiology Culture
Popular systems, for example, Becton Dickinson’s Kiestra TLA, Copan’s WASPLab, and others, provide total laboratory automation (TLA) for culture-based microbiology testing. The potential to impact laboratory efficiency, turnaround time, and overall quality of culture-based microbiology testing is driving the growth of the automated laboratory systems market.

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Key Laboratory Automation Systems Market Segments
1) By Equipment & Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage And Retrieval Systems, Software And Informatics, Other Equipment
2) By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Other Applications
3) By End User: Biotechnology And Pharmaceutical Industries, Research Institutes, Hospitals And Private Labs, Academic Institutes
4) By Type: Modular Automation, Total Lab Automation

Recent Laboratory Automation Systems Market Trend – Adopting RFID Technology
Because of its improved productivity and product quality, lower technological costs, mistake reduction, faster sample delivery, and decreased human intervention, medical laboratories are rapidly using RFID technology for laboratory automation systems. Radio Frequency identifying (RFID) technology is a wireless identifying system that consists of a tag and a reader that may interact via radiofrequency. RFID technology is similar to bar code technology, however it is more advantageous because it can conduct various additional tasks and operations automatically without human interaction. To address expanded identifying and tracking needs in hospital laboratories, an RFID system includes a transponder, transceiver, and data processing unit. RFID tags linked to patient samples are used for identification, and smart cards are used to store patients’ data under a workstation that watches the procedure in the laboratory. For example, Mayo Clinic, a healthcare organisation, implemented RFID-enabled laboratory automation systems to reduce mistakes by 70%, increase efficiency and patient safety, and cut specimen turnaround time by 50%.

Laboratory Automation Systems Market Prominent Players
Major players in the laboratory automation systems market are Tecan Group, Perkinelmer, Thermo Fisher Scientific, Agilent Technologies, Danaher, Qiagen, Roche, Abbott, Siemens, and Eppendorf.

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The Laboratory Automation Systems Global Market Report 2023  provides a comprehensive overview on the laboratory automation systems market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the laboratory automation systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Laboratory automation systems are the use of devices to do laboratory operations with minimal human intervention. Clinical laboratories are more efficient due of laboratory automation, which aids in the standardization of testing.

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