Lab Automation Global Market · Lab Automation (LA) Global Market –Forecast to 2020 Instruments...

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


Lab Automation (LA) Global Market

–Forecast to 2020



–Forecast to 2020

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).



–Forecast to 2020

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)



–Forecast to 2020

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 8.2

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 8.2% during the

forecast period.



–Forecast to 2020

TABLE 2


BY TECHNOLOGY, (2013-2020) ($MN)

Technology 2013 2014 2015 2020 CAGR (%)

(2015-2020)

Total laboratory automation XX XX XX XX XX

Modular automation XX XX XX XX 6.5

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.



–Forecast to 2020

TABLE 3


BY PROCESS, (2013-2020) ($MN)

Process 2013 2014 2015 2020 CAGR (%)

(2015-2020)

Hardware XX XX XX XX 6.1

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.



–Forecast to 2020

FIGURE 1

GLOBAL LAB AUTOMATION MARKET, BY APPLICATION OUTLOOK

(2014 V’S 2020) ($MN)



Laboratory Automation, WHO, Industry Expert Interviews and IQ4I analysis



–Forecast to 2020

TABLE 4


BY END-USER (2013-2020) ($MN)

End-user 2013 2014 2015 2020 CAGR (%)

(2015-2020)

Academic and Research Institutes

XX XX 991 XX XX

Biotech and Pharmaceutical companies

XX XX XX XX XX

Hospitals and Laboratory Diagnostics

1,366 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.



–Forecast to 2020

1.1.1 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



–Forecast to 2020

1.2 RESEARCH METHODOLOGY

FIGURE 2

LAB AUTOMATION MARKET: RESEARCH METHODOLOGY

• Bottom-up and Top-down approach

• Data triangulation

• Qualitative & Quantitative analysis

• Laboratory Automation market segmentation

• Market size, CAGR and market trends validation

• Market size of sub segments and market shares of major players

• Upcoming trends and technological advancements in types,

applications and end users

• Validation of factors influencing market and regional market shares

• Technical information of laboratory automationand components

• Strategic insights, financial revenues and competitive intelligence of

Key players

• Types, end users, and applications of lab automation

• Market trends and growth scenario of sub markets and parent market

Market

Breakdown

Primary

Research

Secondary

Research



–Forecast to 2020

1.2.1 ASSUMPTIONS

Parameter Assumptions

Market Revenue

The global lab automation market revenue is

estimated to be ~8% of the global health automation

market. The value is cross validated through bottom-

up approach as well

Market growth

The CAGR for the forecasted period (2015-2020) is

assumed to be normalized and the effect of inflation,

recession, economic downturn, regulatory or policy

changes, or other factors are not considered.

Techniques/ Applications Market

The % splits were arrived for modular and total

laboratory automation based on the primary data.

Similarly the applications splits were assumed based

on the contribution of each technique in respective

application area.

Segmental & Sub segmental

market shares

The market shares are analyzed purely based on the

absolute data, in case of the data non availability for

the sub markets the parent market trend has been

assumed for the forecasted period.

Market Share

Market share analysis of key players is performed in

two ways that is based on the primary research

rankings (Market penetration of players) and the other

method is based on the estimated lab automation

products revenues of key players.



–Forecast to 2020

1.3 MARKET SIZE ESTIMATION

The size of the global laboratory automation market and its various segments and sub-

segments were estimated and validated through secondary and primary research. All the lab

automation market percentage shares, splits, and breakdowns were determined using

secondary sources and verified through primary sources to get the final quantitative and

qualitative data. This data is consolidated and added with detailed inputs and analysis from IQ4I

and presented in this report.

FIGURE 3

LAB AUTOMATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACH

Global Automation market

Market share of Laboratory Automation

Technology

Regional market shares

Market share of sub

Segments/Technologies

Sub segments

market size and

CAGR

Overall

market size and CAGR

Market share of the players in

the overall Laboratory AutomationMarket and sub markets

Top players Market Revenue in the Automation

Market: Agilent Technologies, Inc., Abbott Laboratories, Brooks Automation, Biotek

Instruments Inc., BioMerieux SA, Danaher

Corporation, Hamilton Company, QiagenN.V, Thermo Fisher Scientific,

Tecan Group

Global healthcare automation

market



–Forecast to 2020

FIGURE 4

LAB AUTOMATION MARKET: FORECASTING MODEL

Historical Data

and trends of Laboratory Automation

Market

Evolution

Company

developmentsApplications

Download Pattern

Regulatory

Landscape

Factors Influencing

Market Growth

Market Opportunities

• Automation in microbiology and

hematology labs

• Automation assisted cancer

screening

• Increased use in biorepositories

Agreements & Joint ventures

contributed for 27.27%New product launch

contributed for 49.66%

Technology

Evolution

Supply chain

trendAdoption pattern Regulations

Market ShareValue and

volume analysis

Geographical

Usage

Market Penetration

• Less sample and reagent

requirement

• Emerging automated systems

• Increased use in clinical labs

• Reduced repetitiveness

Market Restraints

• Limited adoption in small-

medium laboratories

• Higher initial investments

• Non-Standard data format and

communication systems

InvestmentsIn Oct 2014 a England based Fludix

Ltd was acquired by Brooks for

~16Mn to strengthen its bio sample

storage consumables portfolio

Market Drivers

• Short time and low cost

• Increased use in drug discovery

• Reduced cross contamination

• Miniaturization & high productivity

.

Historical Market Data

Impact Analysis of Market

Trends

Market Size & Forecast by

Technology

Market Size & Forecast by

Applications & End Users

Global Lab Automation

Market Size, Segmental

share and CAGR from

2015-2020

Market Trend and

Growth Forecasting

AgreementBiomerieux signed agreement with COPAN for distribution rights of WASP & WASP Lab solutions in labs. Thisagreement enhances automation in microbiology lab and brings about deployment of efficiency in microbiologylabs.



–Forecast to 2020

1.3.1 MARKET BREAKDOWN & DATA TRIANGULATION

FIGURE 5

LAB AUTOMATION MARKET: MARKET BREAKDOWN & DATA

TRIANGULATION

Market share of Laboratory

AutomationMarket in Global

health automation market

Top-down

Primary Research

Bottom -up

Secondary Research

Laboratory Automation

Market

(~$3.5 Bn)

(2014)

•Financial/Annual reports•Investor Presentations•SEC f ilings•Scientif ic Journals•Organizations/

Associations & Groups

Market Share analysis of key Players : Agilent, Abbott, Brooks

Automation, Danaher

Corp, Tecan Group and

Others

Demand & Supply side: Laboratories, Research institutes, Healthcare InstitutionsExecutives f rom

major companies,

Consultants



–Forecast to 2020

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