Global Lab Automation in Drug Discovery Market

The Global Lab Automation in Drug Discovery Market was valued at US$ xx Mn in 2016 and is expected to reach US$ xx Mn by 2022 growing at a CAGR of xx% during the forecast period. Pharmaceutical companies have invested in a number of automated instruments to increase the output of all stages of the drug discovery process, from target-based research, combinatorial and analytical chemistry, primary and secondary screening to final analysis and quality control. Lab automation has simplified operations and increased the reproducibility. Moreover, the hard work and time required for manual labor have been reduced or eliminated with reactions and experiments set on auto-pilot. North America and Europe lead this market.

Market Dynamics

The rapidly growing demand for diagnostic testing along with shrinking labor force of laboratory professionals is one of the prime drivers for automation in the drug discovery market. Moreover, increased government funding for biotech and drug discovery research, need for consistency in quality and a high cost of error act as growth drivers.

Lack of planning for technology development, low priority for lab automation among small and medium-sized laboratories and high initial setup cost put constraints on the market.

Market Segmentation

The global lab automation market is segmented by

--> Equipment and software (automated liquid handling, microplate readers, standalone robots, software and informatics, ASRS)

--> Type of automation (modular automation and total lab automation),

--> End users (biotech and pharma, hospitals and private labs, academics and research institutes).

Geographic Analysis

North America and Europe lead the global lab automation in drug discovery market along with Canada and Japan. Asia - Pacific and Latin American countries represent emerging markets.

Key Players

Some of the major players in the market include Tecan Group Ltd., PerkinElmer Inc., Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Danaher Corporation, Bosch Packaging Technology, Anton Paar, Labman, Siemens Healthcare, Synchron Lab Automation, Hamilton Robotics, and PAA Automation.

The report contains comprehensive analysis on:

--> Lab Automation in Drug Discovery Market Segments

--> Lab Automation in Drug Discovery Market Drivers, Restraints and Opportunities

--> Lab Automation in Drug Discovery Market Size & Forecast 2016 to 2022

--> Supply & Demand Value Chain

--> Lab Automation in Drug Discovery Market Current Trends

--> Competition & Major Companies

--> Technology and R&D Status

--> Porters Five Force Analysis

--> Strategic and Critical Success Factor Analysis of Key Players

Regional analysis for Cattle Health Market includes

--> North America

>> US and Canada

--> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

--> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

--> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

--> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

--> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights::

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage