UNITED STATES LABORATORY AUTOMATION MARKET FORECAST 2021-2025

October 2020
108 pages
ID: 5978365
Format: PDF
Inkwood Research

Summary

Table of Contents

1. BECTON, DICKINSON AND COMPANY (CR BARD)
2. THERMO FISHER SCIENTIFIC INC
3. DANAHER CORPORATION (BECKMAN COULTER)
4. HUDSON ROBOTICS INC
5. SYNCHRON LAB AUTOMATION
6. AGILENT TECHNOLOGIES INC
7. SIEMENS HEALTHINEERS AG
8. TECAN GROUP LTD
9. PERKINELMER INC
10. F HOFFMANN-LA ROCHE LTD
11. ABBOTT LABORATORIES

Companies mentioned
KEY FINDINGS
The United States laboratory automation market is predicted to register a CAGR of 4.92%, over the forecast years, 2021-2025. Factors such as enhancements in research and development, and the growing need for improved laboratory automation solutions are attributed to the country’s market growth. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2025.
MARKET INSIGHTS
Numerous public institutions across the United States are projected to improve their laboratory potentials, predominantly due to the developments across the field of research and development. This has, in turn, bolstered the lab automation equipment’s demand. For example, the final commissioning at the United States Army Medical Research Institute of Infectious Diseases (USAMRIID), situated in Fort Detrick, Maryland, is underway. The building is projected to be open for occupancy in 2021, serving as the United States Biological Defense Research Program’s leading facility.
Conversely, the United States harbors a major share of the global bio pharmacy market, in addition to numerous facilities engaged in drug discovery, across the country. For instance, among the various medicines developed in the United States, cancer holds the first place with more than 1,100 medicines in development, as of April 2019. Likewise, rare diseases and neurological disorders followed suit, with 556 and 537 medicines in development, respectively. Thus, such factors are expected to fuel the country’s laboratory automation market growth.
COMPETITIVE INSIGHTS
Key players in the market include, Thermo Disher Scientific Inc, Becton, Dickinson and Company (CR Bard), F Hoffman-La Roche Ltd, Danaher Corporation (Beckman Coulter), Hudson Robotics Inc, etc.
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