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Lab Automation Market Trends

  • Report ID: GMI5951
  • Published Date: Jun 2023
  • Report Format: PDF

Lab Automation Market Trends

The clinical research & laboratory sector is witnessing a significant rise in investment in healthcare infrastructure, driven by the increasing demand for advanced medical facilities and the need to improve healthcare outcomes. This surge in investment is playing a crucial role in driving the market forward. Lab automation, with its ability to enhance efficiency, accuracy, and productivity, has become a compelling solution for healthcare organizations looking to optimize their operations and leverage the latest technological advancements. With these developments, there is a growing focus on integrating cutting-edge technologies, including lab automation systems, into the infrastructure to deliver higher-quality and more efficient healthcare services.
 

Lab automation offers a range of benefits that align with the objectives of healthcare infrastructure development. By automating laboratory processes, it enables healthcare providers to handle a larger volume of samples, conduct tests with greater speed and precision, and generate more reliable results.
 

The implementation of lab automation systems is particularly beneficial for high-throughput environments, such as large hospitals, diagnostic laboratories, and research institutions. These automated systems enable healthcare professionals to process a higher number of samples in a shorter time, facilitating faster diagnoses, treatment decisions, and research outcomes. This increased efficiency supports the overall goal of healthcare infrastructure investment, which is to provide timely and effective healthcare services to a larger population.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for Lab automation was around USD 6.7 billion in 2023 and will reach over USD 11.1 billion by 2032.

The equipment segment was more than USD 4.7 billion in 2022 and will increase due to higher preference and adoption of this equipment to optimize clinical workflow.

Qiagen N.V., Thermo Fisher Scientific, Inc., PerkinElmer Inc., Siemens Healthineers, Agilent Technologies, Inc., Danaher Corporation, Bio Tek Instruments, Inc., and Eppendorf AG among others.

The U.S. dominated the North America lab automation market in 2022 and will reach over USD 3.7 billion by 2032 owing to the robust healthcare sector, increasing adoption of lab automation solutions, and advanced research facilities.

Lab Automation Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 296
  • Countries covered: 30
  • Pages: 180
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