According to IMARC Group’s latest report, titled “India Laboratory Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the India market is expected to exhibit a CAGR of 9.49% during 2022-2027. Laboratory automation refers to a process involving the use of various devices and software to enhance the efficiency of scientific research in laboratories using automated systems. Some of these systems include robots, machine vision, computer hardware and software, conveyors, etc. They offer safety and accuracy of sample management and aid in real-time analysis by eliminating human errors. The automation of numerous steps, such as storing, sorting, decapping, recapping, retrieval, accessioning, centrifugation, etc., saves time and increases the efficiency of research procedures.
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Improving healthcare infrastructures, along with the rising number of medical centers with advanced laboratories, are primarily driving the India laboratory automation market. Besides this, several technological advancements in the biomedical and pharmaceutical sectors, including the escalating adoption of modular laboratories, are also providing a broad range of economical and reliable solutions. Additionally, laboratory automation is further gaining traction worldwide for accurate diagnosis, smaller volume reagents, personnel safety, reduced labor costs, etc. Apart from this, these solutions are being increasingly utilized for enhancing overall lab productivity and minimizing wastage. Furthermore, the growing number of drug discoveries and ongoing clinical studies are also expected to catalyze the demand for laboratory automation in India over the forecasted period. Looking forward, the India laboratory automation market is expected to continue its moderate growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Type:
- Modular Automation
- Whole Lab Automation
Equipment and Software Type:
- Automated Clinical Laboratory Systems
- Workstations
- LIMS (Laboratory Information Management Systems)
- Sample Transport Systems
- Specimen Handling Systems
- Storage Retrieval Systems
- Automated Drug Discovery Laboratory Systems
- Plate Readers
- Automated Liquid Handling Systems
- LIMS (Laboratory Information Management Systems)
- Robotic Systems
- Storage Retrieval Systems
- Dissolution Testing Systems
End User:
- Biotechnology and Pharmaceutical Companies
- Hospitals and Diagnostic Laboratories
- Research and Academic Institutes
Region:
- North India
- West and Central India
- South India
- East India
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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