Laboratory Automation Market to Reach $8.42 Bn, Globally, by 2026 at 6.9% CAGR

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North America to maintain its lion's share during the forecast period

Based on region, North America accounted for the highest share, holding more than two-fifths of the global laboratory automation market in 2018, and is expected to maintain the lion's share during the forecast period. This is due to presence of well-developed healthcare infrastructure, adoption of laboratory automation systems, and presence of trained medical professionals. However, Asia-Pacific is expected to maintain the highest CAGR of 8.3% from 2019 to 2026, owing to improvement in healthcare infrastructure, surge in number of hospitals equipped with advanced medical facilities, and the presence of developing R&D sector.

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Leading market players

• Agilent Technologies, Inc.
• BioMerieux SA
• Danaher Corporation
• F. Hoffmann-La Roche AG
• Hamilton Robotics
• PerkinElmer, Inc.
• Qiagen N.V.
• Siemens AG
• Tecan Group Ltd.
• Thermo Fisher Scientific Inc.

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