Total Lab Automation Market by Type (Software, Equipment), Application (On-premise, Cloud), End User, Application (Proteomics, Protein Engineering, Genomics, Drug Discovery, Clinical Diagnostics, Bio-analysis, Analytical Chemistry) and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits. - Forecast 2024-2032

Industry : Healthcare | Pages : 194 Pages | Published On : Apr 2024

         
     
The TotaI Lab Automation Market is Valued USD 5.2 billion in 2024 and projected to reach USD 8.1 billion by 2030, growing at a CAGR of 6.5% During the Forecast period of 2024-2032.

TotaI Lab Automation Market Size


Graph
             2020                         2024-2032      

ReportDetails
Market Size ValueUSD 5.2 billion in 2024
Market Size ValueUSD 8.1 billion by 2030
CAGR6.5%
Forecast Period2024-2032
Base Year 2023
Historic Data2020
Forecast UnitsValue (USD Million/USD Billion)
Segments CoveredType, Application, End User and Region
Geographics CoveredNorth America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Major vendors in the global Total Lab Automation market are Thermo Fisher Scientific Inc, Siemens Healthineers AG, Agilent Technologies, Inc., PerkinElmer, Inc, Beckman Coulter, Inc. (Danaher Corporation), Roche Diagnostics, Abbott Laboratories, Hamilton Company, Bio-Rad Laboratories, Inc., Hudson Robotics Inc and Others.

Market Overview

The global Total Lab Automation market has emerged as a key factor in revolutionizing various industries by offering innovative solutions to long-standing challenges. The total lab automation is based on the increasing demand for streamlined and efficient laboratory processes across various industries. This market revolves around the adoption of automated systems and technologies to perform tasks traditionally carried out by humans in laboratories.

The Total Laboratory automated (TLA) is used in the laboratory to carry out extremely repetitive activities. Robotic equipment generally takes the place of human operators in the preparation and transportation of specimens. Also the automation in the laboratory allows fewer people to handle the control of several distinct analytical instruments which in turn reduces the price of laboratory testing.

With the huge database it might be able to forecast cancer. The recent release of a new cancer protein profile database assembled using artificial intelligence (AI) and machine learning has given cancer prediction medicine a boost. The proteome signature in cancer patient blood is mapped for the first time with the help of the recently released open-access Disease Blood Atlas.

Also The Human Protein Atlas consortium2, housed within SciLifeLab, a collaborative research center comprising KTH Royal Institute of Technology, Uppsala University, Karolinska Institutet, and Stockholm University, all in Sweden, has created a new database that showcases 1,463 proteins linked to 12 distinct cancer types. Additionally, the database presents proteins that can be utilized to distinguish between distinct cancer types based on a drop of blood.

Additionally the information compiled by The Disease Blood Atlas is able to measure the minute amounts of blood plasma at the time of diagnosis and before the treatment. This blood samples have undergone a statistical analysis of the gene expressions and machine learning based disease predictions

Advancements in Total Lab Automation

The recent release of a new cancer protein profile database assembled using artificial intelligence (AI) and machine learning has given cancer prediction medicine a boost. The proteome signature in cancer patient blood is mapped for the first time with the help of the recently released open-access Disease Blood Atlas.

The Human Protein Atlas consortium2, housed within SciLifeLab, a collaborative research center comprising KTH Royal Institute of Technology, Uppsala University, Karolinska Institutet, and Stockholm University, all in Sweden, has created a new database that showcases 1,463 proteins linked to 12 distinct cancer types. Additionally, the database presents proteins that can be utilized to distinguish between distinct cancer types based on a drop of blood

Market Dynamics

Drivers:

  • Cost Savings.
  • Data Management
  • High Throughput Screening
  • Lab automation helps in reducing operational costs by optimizing resource utilization.
  • Performing of tedious task like chromatography and filtration faster and more consistently than manual methods.

Opportunities:

  • The growing interest in personalized medicine, tailored to individual patient profiles, creates opportunities for lab automation
  • Lab automation presents growth prospects in environmental testing, helping to analyze and monitor air, water, and soil quality.
  • Streamlining workflows in pathology through automation can improve the productivity of clinical and molecular pathology laboratories by handling tasks including sample preparation, staining, and imaging.
  • Quality assurance and control in pharmaceutical manufacture, lab automation is essential. Pharmaceutical items are consistently of a high quality thanks to the standardization of production processes facilitated by automated technologies.
  • The integration of emerging technologies, such as artificial intelligence and robotics, into lab automation systems opens up new growth opportunities.

Rising Demand for Total Lab Automations in Protein Engineering

The increasing adoption of Total Lab Automations assist in S Protein design and library creation applications is a significant driver for the market's growth. The Automated DNA synthesis and manipulation can be easily done with the same. Moreover robots can precisely and efficiently assemble complex genes for the desired protein variants accurately. Additionally TLA platforms can perform multiple protein expression and assay cycles in parallel, rapidly identifying optimal protein variations. Moreover with the addition of robots the tedious tasks such as chromatography and filtration can be done more consistently and precisely using manual methods.

Protein expression and purification: Automated growth and fermentation: TLA systems can manage multiple bioreactors and control growth conditions with precision, optimizing protein production.

North America dominates the market for Total Lab Automation.

North America dominates the global total lab automation market specifically United States, emerging as the dominating region in the global Total Lab Automation market. The region's dominance can be attributed to the presence of key market players, robust research and development activities, and favorable regulatory frameworks that encourage the testing and Application of Total Lab Automation technologies. Moreover U.S. being home to the several advanced manufacturers along with the established infrastructure has led towards the growth and development in the region. Also The U.S., with the established infrastructure, supportive policies and conducive environment for technological innovation, leads in the adoption of Total Lab Automation solutions across diverse sectors.

Asia-Pacific, exhibits high growth potential in the Total Lab Automation market due to the advancements in healthcare facilities along with the favorable healthcare policies and support from the government in the region. Moreover the region is home to about 60% of the global population and India and China being the two most populated countries. Also the market is mostly driven by the region's growing number of medical centers with cutting-edge laboratories and better healthcare facilities. In addition, modular laboratories have become popular due to the technological advancement in the biomedical and pharmaceutical fields, providing a dependable and affordable alternative. Additionally, in an effort to lower input costs and speed up tests in automated laboratories, the governments in the region's are funding R&D projects.

The Application Segment is anticipated to hold the Largest Market Share during the Forecast Period

In the global Total Lab Automation market in, the Application segment is categorized into Proteomics , Protein Engineering ,Genomics ,Drug Discovery ,Clinical Diagnostics ,Bio-analysis and Analytical Chemistry.  The protein engineering held the largest market share. With this method the robots can separate the proteins from different cellular ingredients using filters and strainers. Additionally they can use their blueprints (DNA) to precisely create different versions of proteins, like adding or swapping ingredients to change their properties. This increases the discovery of new proteins for drugs, therapies, and materials. Also the handling of hazardous and infectious substances has become convenient for lab workers and professionals.

Major Segmentations Are Distributed as follows:

  • By Type
    • Software
    • Equipment
  • By Application
    • Proteomics
    • Protein Engineering
    • Genomics
    • Drug Discovery
    • Clinical Diagnostics
    • Bio-analysis
    • Analytical Chemistry
  • By End User
  • Pharmaceutical Companies
  • Hospitals and Diagnostic Centers
  • Educational Institutions
  • Contract Research Organizations (CROs)
  • Research Institutes
  • By Region
    • North America
      • US
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
      • Peru
      • Rest of Latin America
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
      • Indonesia
      • Malaysia
      • Vietnam
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Nigeria
      • Egypt
      • Israel
      • Turkey
      • Rest of Middle East & Africa

Recent Developments

  • December 2023, Biosero, a BICO company a developer of laboratory automation solutions to orchestrate scientific discoveries, has signed an agreement with a global life science company for a total value of $28M USD to design and build an automated R&D, hardware and software platform which consists of 5 sub-projects. With this the scientist would be able to use the Waters Andrew+ Pipetting Robot to fully automate routine sample preparation protocols, from simple to complex process.

Total Lab Automation Market Report Gives Answers to Following Key Questions:

  • What will be the Total Lab Automation Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers of Total Lab Automation Market?
  • What are the main forces behind the worldwide Total Lab Automation Market? Which companies dominate the Total Lab Automation Market?
  • Which companies dominate the Total Lab Automation Market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the global Total Lab Automation Education's suppliers' opportunities and dangers in Total Lab Automation Market?
  • What is the Total Lab Automation Education's regional sales, income, and pricing analysis? In the Total Lab Automation Market, who are the distributors, traders, and resellers?
  • What are the main geographic areas for various trades that are anticipated to have astounding expansion over the Total Lab Automation Market?
  • What are the main geographical areas for various industries that are anticipated to observe an astounding expansion in Total Lab Automation Market?
  • What are the dominant revenue-generating regions for Total Lab Automation Market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main Total Lab Automation Market trends that are influencing the market's expansion?
  • Which key product categories dominate the Total Lab Automation Market? What are the Total Lab Automation Market’s main applications?
  • In the coming years, which Total Lab Automation Market technology will dominate the market?

Reason to purchase this Total Lab Automation Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Total Lab Automation Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different Total Lab Automation Market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Total Lab Automation Market , providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Total Lab Automation Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Total Lab Automation Market  providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.

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