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Lab Automation Workcells Market Size, Share Global Analysis Report, 2019–2026

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Lab Automation Workcells Market By Type (Off-shelf automation workcells and Customized automation workcells), and By Application (Medical Lab, Pharmaceutical Lab and Institution): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2019–2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the Lab Automation Workcells industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Lab Automation Workcells Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Lab Automation Workcells Market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volumes (Thousand Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Lab Automation Workcells Market Size

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logoKey Insights from Primary Research

  • Our primary respondents believe the market to witness a steady growth of 6.6% over the forecast period on account of the rising need for an efficient and optimum research and experiment resources around the globe.
  • Most of the CXOs predict the Medical Lab to maintain its dominance throughout 2026 due to the increasing need for high capacity and efficient medical research. Furthermore, the manufacturers operating in this market are partnering with local and domestic players to increase their goodwill in the ever-competitive market ecosystem.
  • Some of the industry experts interviewed in the Asia Pacific revealed that the Off-shelf automation work cell type is expected to generate considerable revenues for the Lab Automation Workcells industry.
  • Regionally, North America is expected to contribute largely to the global Lab Automation Workcells market. Some of the interviewees said that their future plans are to focus majorly on innovating in features of Lab Automation Workcells application areas. The manufacturers operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for the Lab Automation Workcells market.
  • The information & technology subject matter experts suggest investing in R&D activities to come up with newer, economic and more efficient Lab Automation Workcells. They believe advanced technology in the medical industry will witness widespread acceptance across the value chain of the Lab Automation Workcells market.

logoKey Recommendations from Analysts

  • Our analysts recommend focusing on the North America Lab Automation Workcells market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in countries such as the U.S. and Canada.
  • The major reason behind the upsurge growth and lucrative opportunities underlying in this region is the adoption of Lab Automation Workcells are highly developed medical labs and institutes investing in large volume testing work cells across the globe.
  • Europe, on the other hand, is expected to foresee a robust growth of around 5.3% per annum. This is majorly attributed to rising medical device manufacturers in countries such as Germany, France, Netherland, and others.
  • The strategic mergers and acquisitions by key industry players and high demand across end-use industries are anticipated to fuel the market growth
  • The executive summary of the report reads the total incremental opportunity underlying in the global Lab Automation Workcells market is nearly USD 3,169.77 million between 2020 and 2026.

Lab Automation Workcells Market

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logoLab Automation Workcells – Cost Structure

Lab Automation Workcells Market

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We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Lab Automation Workcells Market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Lab Automation Workcells Market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Lab Automation Workcells Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Lab Automation Workcells Market.

The research study provides a critical assessment of the Lab Automation Workcells industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Lab Automation Workcells industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Lab Automation Workcells are systematically arranged equipment and machinery to carry out research and experiments in control. Automation has been introduced in lab activities to optimize the process of manufacturing and research procedures. Some of the automation introduced in laboratory workcells are lab automation incubators, lab automation configurators, lab robotics, and microplate instruments among others.

Laboratory automation workcells provide multiple advantages such as result accuracy, time efficiency; accelerate R&D, human error elimination, reduced labor costs, and others. The complete process involving sample testing, data analysis and verification of sample tests becomes highly easier with automation processes.

Furthermore, these automation workcells require high initial investment and maintenance this has created a limitation for the growth of the lab automation workcells market. However, Lab Automation Workcells manufacturers are engaged in expanding their business presence by catering to wide network of customers by introducing innovative and optimum automation solutions and software. Less expensive types of automation are being introduced to increase the demand for lab automation workcells.

The Lab Automation Workcells Market is categorized into type and by the application. The control type segment is further divided into Off-shelf automation workcells and Customized automation workcells. By Application, the market is divided Medical Lab, Pharmaceutical Lab, and Institution.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 2009.65 Million

Projected Market Size in 2026

USD 3169.77 Million

CAGR Growth Rate

6.6% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Peak Analysis & Automation, Siemens, Beckman Coulter, Hudson Robotics, Inpeco, A&T, Roche, Thermo Fisher Scientific, Aim Lab Automation Technologies, SARSTEDT, Yaskawa Motoman, Transcriptic, Biosero, and others.

Key Segment

By Type, By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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logoCompetitive Analysis

Some of the key players operating in the Lab Automation Workcells Market around the globe include :

  •  Peak Analysis & Automation
  •  Siemens
  •  Beckman Coulter
  •  Hudson Robotics
  •  Inpeco
  •  A&T
  •  Roche
  •  Thermo Fisher Scientific
  •  Aim Lab Automation Technologies
  •  SARSTEDT
  •  Yaskawa Motoman
  •  Transcriptic
  •  Biosero

The taxonomy of the Lab Automation Workcells industry by its scope and segmentation is as follows:

logo By type Segmentation Analysis

  • Off-shelf automation work cells
  • Customized automation work cells

logo By Application Segmentation Analysis

  • Medical Lab
  • Pharmaceutical Lab
  • Institution

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

logoKEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

  • Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
  • Direct and Indirect Rationales Impacting the Industry
  • In-depth and Micro Analysis of Viable Segments and Sub-segments
  • Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
  • Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
  • Key Buyers and End-Users Analysis
  • Value Chain and Manufacturing Cost Structure Analysis wherever relevant
  • Key Marketing Strategies as well as Key Sales Channels adopted in the market
  • Investment Opportunity Analysis & Patents Analysis wherever feasible
  • Technological Road Map & Technical Analysis
  • Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)

Industry Major Market Players

  •  Peak Analysis & Automation
  •  Siemens
  •  Beckman Coulter
  •  Hudson Robotics
  •  Inpeco
  •  A&T
  •  Roche
  •  Thermo Fisher Scientific
  •  Aim Lab Automation Technologies
  •  SARSTEDT
  •  Yaskawa Motoman
  •  Transcriptic
  •  Biosero