20-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “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 Forecasts, 2019–2026” states that the global Lab Automation workcells Market in 2019 is approximately USD 2009.65Mn. The market is expected to grow at a CAGR of 6.6% and is anticipated to reach around USD 3,169.77 Mn by 2026.
Lab Automation Workcells are systematically arranged equipment and machinery to carry out research and experiments in control. Automation has changed the process of manufacturing and research procedures. To optimize the speed, quality, and cost of the manufacturing process, automation has been introduced in lab work cells setup. Life science research and development is improving to perform effectively by introducing advanced robotics to perform functions such as workflow liquid handling, incubator management, medical data analysis, sample tracking, and others. Such functions are made easier by the introduction of automation in lab workcells.
Browse the full “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 Forecasts, 2019–2026" report at https://www.fnfresearch.com/lab-automation-workcells-market-by-type-off-shelf-884
The need for efficient laboratory requirements is expected to fuel the growth of the Lab Automation workcells Market. The increasing need for advanced laboratories that provide advantages such as time efficiency by eliminating human errors and improving the lab research process is driving the market. In addition, the demand for lab automation work cells is gaining wide demand with the raise in forensic testing across the globe. Automated work cells can take multiple tests at the same time and still provide desired results by reducing errors. Automated liquid handling, sample preparation and testing, DNA testing, and others can be used for testing large volumes in a single laboratory. These advantages are expected to propel the growth of the lab automation workcells market across the map.
Furthermore, companies operating in the Lab Automation Workcells market are focused on introducing innovative and advanced lab Automation Work cell products to reach a wide network of customers. Additionally, enhanced lab Automation Workcellsare compatible with critical research and experiments that provide accurate results in minimum time.
By type, the market is divided into Off-shelf automation work cells and customized automation workcells. Off-self automation work cell segment is expected to contribute to the highest market share of 71% in 2019 owing to several benefits such as fixed structure, economic, and others. Furthermore, the market is classified on the basis of application into, Medical Lab, Pharmaceutical Labs, and Institutions. The application segment accounted for USD 1,219.17 Mn in the year 2019. The Medical Lab segment is expected to lead the application category owing to the growing need for efficient and optimum medical research and production needs across the map.
Geographically, the global Lab Automation Workcells market was dominated by North America by generating revenues worth USD 980.54Mn in 2019. This dominance is majorly attributed to increasing medical and healthcare revolutions in developed countries such as the U.S. and Canada. Furthermore, Europe is set to observe the second-fastest growth of with a CAGR of 5.3% over the forecast period.
There are several key players operating in the Lab Automation Workcells Market around the globe some of them include Peak Analysis & Automation, Siemens, Beckman Coulter, Hudson Robotics, Inpeco, A&T, Roche, Thermo Fisher Scientific, Aim Lab Automation Technologies, SARSTEDT, YaskawaMotoman, Transcriptic, Bioseroand others.
Report 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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The taxonomy of the Lab Automation Workcells industry by its scope and segmentation is as follows:
This report segments the Lab Automation Workcells Market as follows:
Global Lab Automation Workcells Market: By type segmentation Analysis
Global Lab Automation Workcells Market: By Application Segmentation Analysis
Global Lab Automation Workcells Market: Regional Segment Analysis
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