Global Lab Automation Market Report 2021 with Top Countries Data And Covid-19 Analysis: Industry Insights by Players, Regional Segmentation, Growth, Applications, Major Drivers, Value and Foreseen

(The Express Wire via Comtex)

Global “Lab Automation Market” research report 2021 analyzed in detail all the vital data to frame tactical business judgments and propose strategic growth plans. The Lab Automation market growth is expected to register a CAGR of 4.43% during the forecast period.This report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. Also report studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The report gives - Who are the global key players in this Lab Automation market? What are their company profile, their product information, and contact information? What Was the Global Market Status of Lab Automation Market? What Was Capacity, Production Value, Cost and PROFIT of Lab Automation Market?

Get a Sample PDF of the Report @https://www.360marketupdates.com/enquiry/request-sample/12886020

Short Description About Lab Automation Market 2021:

The global lab automation market for in-vitro diagnostics market was valued at USD 949.1 million in 2021 and is expected to reach a value of USD 1230.9 million by at a CAGR of 4.43% over the forecast period. The scope of the report is limited to products offered by major players for various purposes which include automated plate handler, automated liquid handler, robotic arm, automated storage and retrieval system, and analyzer. While the end users considered in the scope of the report include academic, laboratory, and other verticals for utility.

The IVD product portfolio includes devices that assist in clinical chemistry and immunoassays, urinalysis, point-of-care testing, and patient self-testing devices. IVDs may be used in a variety of environments, including laboratories, clinics, diagnostic centers, educational institutes, or homes. They are employed for preventive diagnosis, early-stage screening, therapy selection, and monitoring.

There exists a potential for the risk of harming the patient, due to the generation of inaccurate test results, as these results are known to have a 70% impact on the healthcare decisions taken. Thus, any form of inaccuracy could lead to the mismanagement of a patient’s disease or condition. Given this potential risk, as well as the impact on the overall delivery of health care, the governments have assumed a role in the regulation of IVDs through several agencies, including the Food and Drug Administration (FDA), ISO, and the Centers for Medicare and Medicaid Services (CMS).

Digital Transformation of Lab Aids the Market Growth

Technological innovations have improved productivity of clinical labs. With the increasing reliance on technology-based systems and drastic growth of internet-driven processes, the need for automation is increasing. Digital transformation i.e. connecting devices to the internet, ensures remote monitoring, alerts, remote control, and notifications for everything, ranging from temperature to threats.

As manual systems always expose the process to the risk of errors, the implementation of IoT systems helps in collecting the data digitally and accurately, which has been proven to reduce the time by 60%. IoT also provides IVD with the capability to directly interact with the support layer, which allows event capture in an electronic way. Diagnostic devices play an essential role in improvising the healthcare industry. It is estimated that 60% of the medical decisions in the world are made with the support of IVD solutions. Systems with IoT implementation offer server control and monitoring of various sensors, and can be easily configured to handle more hardware interface modules. Sensors loaded onto the devices could help in data collection and communication, with cloud servers and other devices.

Laboratories are the Largest Consumer

Hospitals and private labs are considered as laboratories under the scope of this study. According to the Beth Israel Deaconess Medical Center (BIDMC), microscopes heightened with artificial intelligence (AI) can help clinical microbiologists diagnose potentially deadly blood infections and improve the patient's odds of survival. Analyzers are majorly used in hospitals for blood sampling and tests. For instance, the Lewis County General Hospital purchased the new sample-centric Dimension Vista 500, which offers simplified as well as consolidated sample processing with a unique integration of four technologies. The integration allows simultaneous processing of tests for multiple disease states on a single platform from a single tube, thereby, increasing the hospital’s efficiency and throughput.

Growing adoption of automated hematology instruments, integration of basic flow-cytometry techniques in modern hematology analyzers, and accelerating technological advancements are some of the factors driving the adoption of automated analyzers in hospitals and private labs. Additionally, development of high-sensitivity point-of-care (POC) hematology testing and rising demand for high-throughput hematology analyzers are also fuelling the adoption of hematology analyzers and reagents.

UK to be Dominant Market

It is also expected that there will be an annual increase of 10.34% in the demand for blood and tissue tests over the forecast period, owing to increase in the aging population and increasing incidence of chronic diseases. In 2016, U.K National Health Service (NHS) spent nearly EUR 750 million on IVD products, which is more than 1% of total NHS budget, indicating the importance of IVD devices in laboratory tests. It was also estimated that nearly 70% of the medical decisions are being made using IVD’s.

Furthermore, recent studies from British In-vitro Diagnostics Association (BVDA) suggest that pathology services in the United Kingdom are struggling to cope with the rising demand for samples to be tested, in part, owing to workforce shortfalls. To be able to take advantage of these opportunities and demand, many laboratories and educational institutions are depending on automated solutions for sample testing, which provides major opportunities for automated product companies in the country. With the future of healthcare focused on personalizing medicine in the country and ensuring that the right person gets the right treatment at the right time, innovations in diagnostics are expected to be critical to achieving aimed results.

Get a Sample PDF of Lab Automation Market 2021

The global Lab Automation market covers the vision of competitor analysis by product types, market share, applications, sales, and revenue.

Lab Automation Market Report covers the Top Key-players 2021:-

● Cognex Corporation
● Roche Holding AG
● Thermo Fisher Scientific Inc.
● Danaher Corporation
● Agilent Technologies Inc.
● Abbott Laboratories Incorporation
● PerkinElmer Inc.
● Tecan Group Ltd.
● Becton Dickinson and Co.
● Siemens Healthcare GmbH
● Bee Robotics Ltd

With tables and figures helping analyze the worldwide Global Lab Automation market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE

The Global Lab Automation market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

This Lab Automation Market Research/analysis Report Contains Answers to your following Questions

● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Lab Automation Industry?
● What Was the Global Market Status of Lab Automation Market? What Was Capacity, Production Value, Cost and PROFIT of Lab Automation Market?
● What Are Projections of Global Lab Automation Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What about Import and Export?
● What Is Lab Automation Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
● What Is Economic Impact On Lab Automation Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
● Which Manufacturing Technology is used for Lab Automation? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
● Who Are the Global Key Players in This Lab Automation Market? What are Their Company Profile, Their Product Information, and Contact Information?
● What Is the Current Market Status of the Lab Automation Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Lab Automation Market by Taking Applications and Types in Consideration?
● What Are Market Dynamics of Lab Automation Market? What Are Challenges and Opportunities?

Inquire more and share questions if any before the purchase on this [email protected]https://www.360marketupdates.com/enquiry/pre-order-enquiry/12886020

Highlighted points of Lab Automation Market Report:

● Covers the varying market dynamics of the industry.
● In-depth analysis of market risks, opportunities, limitations, and growth of the market.
● Includes market driving and restraining factors.
● Participants profiles along with product description, overview, and business data.
● Include details of five years of forecast analysis by types, regions, and applications.

Key Developments in the Lab Automation Market:

● December 2017 - Becton, Dickinson and Company announced its acquisition of C.R Bard technologies, due to which improvement in both the treatment of disease for patients and the process of care provision for health care providers has improved for the co

Purchase this report (Price 4250 USD for a single-user license)@https://www.360marketupdates.com/purchase/12886020

Reasons to Purchase Lab Automation Market Report:

● The report analyses how the stringent emission control norms will drive the global Lab Automation market.
● Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
● Study on the product type that is expected to dominate the market.
● Study on the regions that are expected to witness the fastest growth during the forecast period.
● Identify the latest developments, market shares and strategies employed by the major Lab Automation market players.
● 3 months analyst support along with the Market Estimate sheet (in excel).

Finally, the report Global Lab Automation Market 2021 describes the Lab Automation industry expansion game plan, the Lab Automation industry knowledge supply, appendix, analysis findings, and the conclusion.

About 360 Market Updates:

360 Market Updates is a credible source for gaining market reports that will provide you with the lead your business needs. At 360 Market Updates, our objective is to provide a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision-makers in finding the most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.

Contact Info: -

360 Market Updates

Mr. Ajay More

USA: +1 424 253 0807

UK: +44 203 239 8187

[email protected]

Global Freeze Dried Fruits and Vegetables Market Analysis Survey 2021 with Top Countries Data And Covid-19 Analysis Worldwide Overview By Industry Size, Market Share, Future Trends, Growth Factors and Leading Players Research Report Analysis

Global Freeze Dried Fruits and Vegetables Market Analysis Survey 2021 with Top Countries Data And Covid-19 Analysis Worldwide Overview By Industry Size, Market Share, Future Trends, Growth Factors and Leading Players Research Report Analysis

Global Freeze Dried Fruits and Vegetables Market Analysis Survey 2021 with Top Countries Data And Covid-19 Analysis Worldwide Overview By Industry Size, Market Share, Future Trends, Growth Factors and Leading Players Research Report Analysis

Global Freeze Dried Fruits and Vegetables Market Analysis Survey 2021 with Top Countries Data And Covid-19 Analysis Worldwide Overview By Industry Size, Market Share, Future Trends, Growth Factors and Leading Players Research Report Analysis

Global Cannabis Cultivation Market 2021-2027 Covid-19 Analysis with Top Countries Data Industry Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast

Global Hearing Healthcare Devices Market Analysis 2021 with Top Countries Data Industry Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast | With Covid 19 Analysis


Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Global Lab Automation Market Report 2021 with Top Countries Data And Covid-19 Analysis: Industry Insights by Players, Regional Segmentation, Growth, Applications, Major Drivers, Value and Foreseen

comtex tracking