123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Health >> View Article

Lab Automation Market: Regional & Segment Analysis

Profile Picture
By Author: Fact.MR
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Demand for lab automation services experienced expansion rate of over 11% in 2022 compared to 2021, jumping from US$ 1.8 Billion to US$ 2 Billion and the market is grow at a 7% CAGR from 2022-2032, reaching a valuation of nearly US$ 4 Billion.

Region-wise Analysis

Lab Automation Industry Growth in the Asia Pacific

According to the Fact.MR, from 2022 to 2032, the lab automation market is predicted to develop at a rate of 7.3%. The developing geriatric population is fueling the boom of the lab automation market. Because of the beauty of the medical sector, Japan dominates the lab automation market due to developing research and improvement in the pharmaceutical industry. Additionally, authorities initiatives to minimize healthcare spending will drive the boom of the lab automation market in the course of the forecast period.

Because of the developing demand for multiple vaccines around the world, India is anticipated to witness significant increase in the lab automation market. Furthermore, Indian capsules are exported to over 200 countries, with the United States serving as the primary distribution ...
... market.

North America Growth Opportunities for Lab Automation Market

The lab automation market is predicted to develop during the forecast period of 2022 to 2032. Fact.MR forecasts the market to attain a fee of US$ 3.87 Billion and develop at a CAGR of 5.3% at some stage in the forecast period. The lab automation market is being pushed by a surge in the adoption of the miniaturization process, which effects in low reagent costs and excessive productivity.

During the forecast period, North America is anticipated to lead the market. Because of the presence of massive pharmaceutical companies, the market for drug discovery and genomics is seeing accelerated investment.

Key Segments in the Lab Automation Market

• By Product:
o Lab Automation Equipment
o Automated Microplate Readers
o Automated ELISA Systems
o Automated Nucleic Acid Purification Systems
o Lab Automation Software & Informatics
• By Application:
o Drug Discovery
o Clinical Diagnostics
o Genomics Solutions
o Proteomics Solutions
• By End User:
o Biotechnology & Pharmaceutical Industries
o Research & Academic Institutes
o Hospitals & Diagnostic Laboratories
o Forensic Laboratories
o Environmental Testing Labs
o Food & Beverage Industry
• By Region:
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East & Africa

Total Views: 214Word Count: 331See All articles From Author

Add Comment

Health Articles

1. How Aging Affects Your Hair Over Time
Author: Dr roxanna

2. Best Liver Doctor In Singapore For Comprehensive Liver Care
Author: alpsclinic

3. Endoscopy Charges In Singapore – Affordable Options At Alps Clinic
Author: alpsclinic

4. Why Kumaran Medical Center Is The Best Neurology Hospital In Coimbatore
Author: KumaranMedicalCenter

5. Knee Replacement Surgeon Near Me
Author: Dr Rahul

6. Orthodontist Vs Dentist – What’s The Real Difference | 32smiles Pune
Author: 32smiles

7. Transform Your Smile With Advanced St Louis Dental Implants And Invisalign St Louis Treatments By Stallings Dental
Author: Jessica Williams

8. Say Goodbye To Back Pain With Advanced Slip Disc Surgery
Author: Guest

9. Hb101 Ayurvedic Hemoglobin Strengthen & Iron Tonic | Avk
Author: AVK

10. What All You Will Need To Opt For Complete Weight Loss
Author: Alexis Pelloe

11. Finding The Best Spa For Asian Massage Is Not A Difficult Task!
Author: Emma Brain

12. From Nerul Best Physiotherapy Clinic To Airoli’s Top Specialist: Your Pain Relief Journey Starts Here
Author: Mohit

13. Pain-free Root Canal Treatment – Fms Dental Madinaguda
Author: Shyam

14. Weekend Dentist In Auckland: Accessible, Affordable, And Caring Dental Services For All Ages
Author: Apex Dental

15. Comprehensive Eye Exam In Philadelphia: Expert Care At Chestnut Hill Eye Associates
Author: Amelia Patricia

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: