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

2015

– Forecast to 2020

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[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.

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Lab Automation Global Market

IQ4I Research & Consultancy Pvt. Ltd. Page 2

Lab Automation (LA) Global Market

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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).



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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)



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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.



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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.



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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.



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FIGURE 1

GLOBAL LAB AUTOMATION MARKET, BY APPLICATION OUTLOOK

(2014 V’S 2020) ($MN)



Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis



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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.



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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



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