Global Laboratory Robotics market share will accelerate CAGR a 5.8 % and in terms of revenue will reach US$ 4.8 Billion by 2027.
Laboratory robotics is the act of the usage of robots in biology or chemistry labs. The pharmaceutical groups set up robots to transport biological or chemical samples around to synthesize novel chemical entities or to test the pharmaceutical price of the current chemical count. The contemporary superior laboratory robotics completely automate the system of science, as inside the robot science tasks. The high fee of laboratory robots has inhibited their adoption in lots of programs. However currently many robotic devices have very low value, and it may be hired to do some jobs in a laboratory. Organic and chemical zone, their samples are in both liquid or strong nation and are stored in vials, plates, or tubes. They need to be frozen and/or sealed to keep away from infection or to retain their biological and/or chemical houses. Particularly, the existence science enterprise has standardized on a plate layout, known as the microtiter plate, to save such samples. One fundamental region wherein automatic synthesis has been implemented is structure determination in pharmaceutical research. Strategies including NMR and HPLC-MS can now have pattern training finished through the robot arm. Moreover, structural protein evaluation may be accomplished robotically the usage of a combination of NMR and X-ray crystallography.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Laboratory Robotics Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
Top Key Players in the Laboratory Robotics Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Tecan Group, Yaskawa Electric, Universal Robots, Protedyne (LabCorp), Thermo Fisher Scientific, Anton Paar, HighRes Biosolutions, Hamilton Robotics, Aurora Biomed, Aerotech, Cleveland Automation Engineering, Biosero, Hudson Robotics, Labman, AB Controls, ST Robotics, Chemspeed Technologies, Peak Analysis & Automation, PerkinElmer Inc., Siemens AG, Beckman Coulter Inc., and others.
By Type, the Laboratory Robotics Market has been segmented into
By Applications, the Laboratory Robotics Market has been segmented into
Asia-Pacific presents profitable openings for the key players operating in the laboratory automation market. Heave in cognizance about advanced laboratory automation systems, increase in the number of pharmaceutical companies, and surge in demand for laboratory automation systems support the market growth.
In the North American region, the increasing technological advancements and investments by the market leaders are driving the market to be the largest laboratory robotics market in the world. Additionally, with the increased R&D activities by the biotechnology and pharmaceutical firms in this region, as well as the increased adoption of lab automation by most of the hospitals and clinical diagnostic labs (due to the increasing volume of test samples) are driving the growth in the lab automation market in North American region
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Tecan Group, Yaskawa Electric, Universal Robots, Protedyne (LabCorp), Thermo Fisher Scientific, Anton Paar, HighRes Biosolutions |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 122 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the growth rate of Laboratory Robotics Market?
The Laboratory Robotics Market is growing at a CAGR of 5.8% over the next 5 years.
What regions does this Laboratory Robotics Market report covers?
North America (US, Canada)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
Rest of the World (Middle East & Africa, Latin America)
What are the significant types of Laboratory Robotics Market?
Low-Cost Laboratory Robotics, Biological Laboratory Robotics, Pharmaceutical Laboratory Robotics
What are the major end-use applications of Laboratory Robotics Market?
Clinical Laboratories, Research Laboratories, Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, Forensic Laboratories, Environmental Testing Laboratories, Food & Beverage Industry
Who are the key players in Laboratory Robotics Market?
Tecan Group, Yaskawa Electric, Universal Robots, Protedyne (LabCorp), Thermo Fisher Scientific, Anton Paar, HighRes Biosolutions
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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