The COVID-19 pandemic has pressurized laboratories to increase the speed and capacity of lab tests, which translates to rise in number of tests conducted every day. This has led to the market witnessing a growth in the vendors offering development in automation systems, hence creating opportunities. Laboratory automation has played a crucial role in contributing to save costs, time and reliability as well as efficiency of experiments. Automation evolved from a luxury to a mandatory equipment. The lab automation market was valued at USD 4569.3 million in 2020, and it is expected to reach a value of USD 6,672.31 million by 2026, at a CAGR of 6.6 percent over the forecast period (2021-2026).
The laboratory automation systems perform testing in a timely and cost-effective fashion. It contains computerized lab instruments and gadgets, giving advantages such as expanded profitability, enhanced work process scope and reduced time cycle. Lab automation is also vital in handling large volumes of sample tests at a rapid rate through the use of robotics, such as speeding up the task of analyzing COVID tests. Most of these instruments can be integrated with IT to maximize the benefits of laboratory automation, which offer mechanized solutions in each phase of workflow in a lab. Moreover, the hospital laboratories are increasingly adopting Radio Frequency Identification (RFID) technology for laboratory automation systems. This aids in better productivity and product quality, reduced costs for technology, error reduction, faster delivery of samples and reduced human intervention.
To help our readers to choose the right solution providers in the market, the editorial board of Pharma Tech Outlook APAC have compiled a list of some of the prominent laboratory automation solution providers. This edition also comprises of thought leadership from subject matter experts as well as exclusive insights from CIOs and CXOs.
We present to you Pharma Tech Outlook’s “Top 10 Laboratory Automation Solutions Providers in APAC – 2022.”
