IQ4I Research & Consultancy published a New Report on “Lab Automation Global Market – Forecast To 2020”

2015
– Forecast to 2020
Copyright © 2015 IQ4I
All Rights Reserved. This document contains highly confidential
information and is the sole property of IQ4I. No part of it may be
circulated, copied, quoted, or otherwise reproduced without the
approval of IQ4I.
[Technology ((Total Laboratory Automation and Modular
Automation (Pre-analytical, Post-analytical automated systems
and Unit automation solutions)); Process (Hardware and
Software); Application (Clinical Diagnostic Laboratories, Drug
Discovery & Development, Bioresearch, Forensic & Others);
End-users (Academic & Research Institutes, Biotech/Pharma
companies, Hospitals/Laboratory Diagnostics and Others)
Regional (North America, Europe, Asia Pacific and Rest of the
World)]
2015
IQ4I Research &
Consultancy Pvt. Ltd.
info@iq4i.com
www.iq4i.com
Lab Automation Global Market

IQ4I Research & Consultancy Pvt. Ltd. Page 2
Lab Automation (LA) Global Market
–Forecast to 2020

–Forecast to 2020

–Forecast to 2020
1.1 REPORT DESCRIPTION
From ages, across industries, laboratories are an integral part of manufacturing and scientific
research organizations. The main goal of research and diagnostic labs is to provide high quality
and reliable experimental information that fulfills the industry needs. The constant use of manual
and isolated systems hampers the data quality during transferring process. Now-a-days,
advancement in technologies and increasing pressure to deliver results has led to the use of
automated systems in laboratories. Automated systems are being adapted in huge scale
because of its accuracy, advanced data management capacity and reduced repetitiveness.
The global laboratory automation market is valued at $3,456 million in 2014 and is growing at a
CAGR of XX% and is expected to reach $XX million by 2020. Laboratory automation is defined
as the use of technologically advanced (automated) systems to perform repetitive tasks in
experiments within laboratories ultimately reducing human involvement and increasing
throughput and accuracy with less error. The concept of automation has existed for years and
is mainly adapted for its ability to make use of less sample/reagent and to reduce cross-
contamination. The additional advantages are high accuracy, repeatability of
processes/protocols, short duration and flexibility has facilitated adaptation in large scale in bio-
repositories, drug discovery processes and more recently in cancer screening. The laboratories
adapting automation has to get hold of a huge investment which is a major drawback. Due to
this, a small laboratory limits the adoption of advanced automation and is exhibiting a serious
impact on market growth and expansion.
The global laboratory automation market by technology is segmented into total laboratory
automation and modular automation. Modular automation market commanded the largest
revenue with $XX million in 2014 and is expected to reach $XX million with a CAGR of XX%
during forecasted period. The laboratory automation market by process divided into hardware
and software systems. The hardware segment further includes automated liquid handling
systems, compound management, plate readers, and robotic systems which includes sample
transportation systems, specimen handling systems. Whereas, the software segment consists
of Laboratory Information Management Systems (LIMS), Electronic Laboratory Notebooks
(ELN), Laboratory Executive Systems (LES), Chromatography Data Management System
(CDMS) and Scientific Data Management Systems (SDMS).

–Forecast to 2020
The application of lab automation market is classified into clinical diagnostic laboratories, drug
discovery and development, bioresearch, forensic and other applications. Further, the
automation market is classified by geographical regions into North America, Europe, Asia-
pacific and Rest of the World.
Major players in laboratory automation market include Agilent Technologies (U.S.), Biotek
Instruments Inc., (U.S.), Brooks Automation Inc., (U.S.), Danaher Corporation (U.S.), Hamilton
Company (U.S.), BioMerieux (France), Thermo Fisher Scientific (U.S.), Abbott Laboratories
(U.S), Qiagen NV (Netherlands), Tecan Group (Switzerland). Tecan Group is the dominant
player with a share of XX%, followed by Thermo Fisher Scientific, Danaher Corporation, Agilent
Technologies, Abbott Laboratories and BioMerieux.
The report provides an in depth market analysis of the above mentioned segments across the
following regions:
 North America
 Europe
 Asia-Pacific
 Rest of the World (RoW)

–Forecast to 2020
TABLE 1
GLOBAL LAB AUTOMATION MARKET REVENUE,
BY REGION, (2013-2020) ($MN)
Region 2013 2014 2015 2020
CAGR (%)
(2015-2020)
North America XX XX XX XX XX
Europe XX XX XX XX XX
Asia-Pacific XX XX XX XX XX
RoW XX XX XX XX XX
Total XX 3,456 XX XX XX
Source: Association for Laboratory Automation (ALA), Society for Laboratory Automation and Screening (SLAS),
Automated Imaging Association (AIA), American Clinical Laboratory Association (ACLA), Japan Society for Clinical
Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis
North America accounted for the largest revenue of $XX million of the global lab automation
market in 2014. It is expected to grow at a CAGR of XX% from 2015 to 2020 to reach $XX
million by 2020. Asia-Pacific is expected to grow at the highest CAGR of XX% during the
forecast period.

–Forecast to 2020
TABLE 2
BY TECHNOLOGY, (2013-2020) ($MN)
Type 2013 2014 2015 2020
CAGR (%)
(2015-2020)
Total laboratory automation XX XX XX XX XX
Modular automation XX XX XX XX XX
Total XX XX XX XX XX
Laboratory Automation, WHO and Industry Expert Interviews
Modular automation segment accounted for the largest revenue of $XX million of the global
laboratory automation technology market in 2014. This market is expected to grow at a CAGR
of XX% from 2015 to 2020 to reach $XX million by 2020.

–Forecast to 2020
TABLE 3
BY PROCESS, (2013-2020) ($MN)
Process 2012 2013 2014 2020
CAGR (%)
(2015-2020)
Hardware XX XX XX XX XX
Software XX XX XX XX XX
Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis.
Hardware systems segment accounted for the largest revenue of $XX million of the global
laboratory automation process market in 2014. This market is expected to grow at a CAGR of
XX% to reach $XX million by 2020. The software systems segment is expected to grow at the
highest CAGR of XX% during the forecast period.

–Forecast to 2020
FIGURE 1
GLOBAL LAB AUTOMATION MARKET, BY APPLICATION OUTLOOK
(2014 V’S 2020) ($MN)
Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis

–Forecast to 2020
TABLE 4
BY END-USER (2013-2020) ($MN)
End-user 2013 2014 2015 2020
CAGR (%)
(2015-2020)
Academic and Research
Institutes
XX XX XX XX XX
Biotech and
Pharmaceutical
companies
XX XX XX XX XX
Hospitals and Laboratory
Diagnostics
XX XX XX XX XX
Others XX XX XX XX XX
Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis.
Hospitals and laboratory diagnostics segment accounted for the largest revenue of $XX million
of the global laboratory automation end-users market in 2014. It is expected to grow at a CAGR
of XX% to reach $XX million by 2020. Biotech and pharmaceutical companies’ end-users
segment are expected to grow at the highest CAGR of XX% during the forecast period.

–Forecast to 2020
1.2 RESEARCH SOURCES
TABLE 5
LAB AUTOMATION MARKET: RESEARCH SOURCES
Primary Sources Secondary Sources
 Supply Side: Top-level Executives,
Marketing Managers, Sales Managers,
Regional Managers
 Demand Side: Hospital Medical
Directors, Laboratory Managers,
Research Scientists, Principal
Scientists, Purchase/Procurement
Managers, Laboratory Technicians,
Academic Research
 Others: Independent Consultants and
Freelancers
 IQ4I Repository
 Laboratory automation Company-
Specific annual reports, SEC filings,
corporate presentations & Press releases
 Associations and Groups: Academy of
Molecular Imaging (AMI), Association for
Laboratory Automation (ALA), Centers
for Medicare & Medicaid Services (CMS),
European Laboratory Robotics Interest
Group (ELRIG), Instrumentation,
Systems and Automation Society (ISA),
Measurement, Control and Automation
Association (MCAA), World Health
Organization (WHO), and Other Country
Associations & Groups
 Paid Sources : OneSource, Hoovers,
Bloomberg
 Social Networking & Databases:
LinkedIn, Melt-Water, and Zintro

–Forecast to 2020
Disclaimer: IQ4I strategic analysis services are limited publications containing valuable market
information provided to a select group of customers in response to orders. Our customers
acknowledge, when ordering, that IQ4I strategic analysis services are for our customers’
internal use and not for general publication or disclosure to third parties. Quantitative market
information is based primarily on interviews and therefore, is subject to fluctuation.
IQ4I does not endorse any vendor, product or service depicted in its research publications. IQ4I
strategic analysis publications consist of the opinions of IQ4I' research and should not be
construed as statements of fact. IQ4I disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of merchantability or fitness for a particular
purpose.
IQ4I takes no responsibility for any incorrect information supplied to us by manufacturers or
users.
All trademarks, copyrights and other forms of intellectual property belong to their respective
owners and may be protected by copyright. Under no circumstance may any of these be
reproduced in any form without the prior written agreement of their owner.
No part of this strategic analysis service may be given, lent, resold or disclosed to non-
customers without written permission.
Reproduction and/or transmission in any form and by any means including photocopying,
mechanical, electronic, recording or otherwise, without the permission of the publisher is
prohibited.
For information regarding permission, contact:
Tel: +91 80 60500229
Email: satish.birudukota@IQ4I.com

IQ4I Research & Consultancy published a New Report on “Lab Automation Global Market – Forecast To 2020”

Recommended

Recommended

More Related Content

What's hot

What's hot (18)

Viewers also liked

Viewers also liked (17)

Similar to IQ4I Research & Consultancy published a New Report on “Lab Automation Global Market – Forecast To 2020”

Similar to IQ4I Research & Consultancy published a New Report on “Lab Automation Global Market – Forecast To 2020” (20)

Recently uploaded

Recently uploaded (20)

IQ4I Research & Consultancy published a New Report on “Lab Automation Global Market – Forecast To 2020”