Global Laboratory Automation Systems Market Report 2022
New York, May 27, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the “Laboratory Automation Systems Global Market Report 2022” – https://www.reportlinker.com/p06280847/?utm_source=GNW
The global laboratory automation systems market is expected to grow from $5.52 billion in 2021 to $5.87 billion in 2022 at a compound annual growth rate (CAGR) of 6.4%. The market is expected to reach $6.9 billion in 2026 at a compound annual growth rate (CAGR) of 4.1%.
The laboratory automation systems market consists of the sale of laboratory automation systems and related services. The laboratory automation system speeds up processes such as drug discovery, vaccine production, etc.
Laboratory automation systems include clinical laboratory machines, equipment and instruments, which analyze and automate many samples in the laboratory with minimal human intervention.
The main equipment and software of laboratory automation systems are automated liquid handling, microplate readers, autonomous robots, automated storage and retrieval systems, software and computing, other equipment. The microplate reader is an instrument used to measure the biological, chemical or physical reactions of analytes in the microplate wells.
The different types include modular automation, total laboratory automation which is used in applications such as drug discovery, clinical diagnostics, genomics solutions, proteomics solutions, other applications. The end users covered by this market are biotechnology and pharmaceutical industries, research institutes, hospitals, private laboratories, university institutes.
The increased demand for microbiological testing and the standardization of specimen collection devices for microbiological culture has led to the adoption of automated laboratory systems for culture-based laboratory testing in clinical microbiology. Culture-based microbiology lab tests by manual methods are being replaced by automated methods with the help of total lab automation.
For example, popular systems such as Becton Dickinson’s Kiestra TLA, Copan’s WASPLab and others enable total laboratory automation (TLA) for culture-based microbiology testing. The potential to affect laboratory efficiency, turnaround time, and overall quality of culture-based microbiology testing is driving the growth of the automated laboratory systems market.
The growth of the laboratory automation systems market is limited due to a severe shortage of skilled and trained healthcare professionals to operate the advanced laboratory equipment that requires specialized skills. These skills are limited to certain hospitals, research organizations and medical equipment companies in the United States and Europe, which is expected to be a major constraint in the market. 40% of the healthcare industry was having difficulty recruiting process development staff due to a talent shortage. According to the American Society for Clinical Pathology (ASCP) survey, average vacancy rates exceed 50% in some states. This shortage has also resulted in increased competition and wages for the limited pool of available talent, further limiting market growth.
Hospital labs are increasingly adopting RFID technology for lab automation systems due to its better productivity and product quality, lower costs for the technology, fewer errors, faster sample delivery and reduced human intervention. Radio frequency identification technology (RFID) is an automatic identification system based on wireless communication, consisting of a tag and a reader that can communicate by radio frequency.
RFID technology is similar to barcode technology but is more advantageous because it can perform some additional functions and actions automatically without human intervention than barcode technology. An RFID system is equipped with a transponder, a transceiver and a data processing unit to respond to improved identification. and monitoring requirements in hospital laboratories.
Automated laboratory systems use RFID tags attached to patient samples for identification and smart cards to store patient data under a workstation that monitors the process in the laboratory. For example, Mayo Clinic, a healthcare company, adopted RFID-enabled lab automation systems to minimize errors by 70%, maximize efficiency and patient safety, and reduce drug turnaround time. 50% samples.
The Food and Drug Administration’s (FDA) Center for Devices and Radiological Health (CDRH) is responsible for technologies, devices, medical or surgical equipment, support systems, and laboratory instruments, systems, and equipment. The FDA has sent a device recall notice to enGen Laboratory Automation System, a medical device manufacturer, for its product-enGen Track System with TCAutomation Software Version 4.2. This recall acts as a product correction notification as a lab system with TCA V4.2 software can potentially cause delayed reporting of results, mechanical issues, and inaccurate patient data. To reduce the impacts associated with these devices and allow the manufacturer to communicate and advise on instructions on how to monitor and correct the issue if it has occurred to potentially affected enGen customers, the recall of the device has been made.
In January 2019, Beckman Coulter Life Sciences acquired Labcyte for $6.5 billion. This acquisition would strengthen Beckman’s product portfolio and expand the laboratory automation business. Labcyte Technology provides tools and lab equipment for Echo Acoustic Liquid Handling Technology, lab automation, software applications, microplates, consumables and other technologies that enhance time-saving solutions , enable faster and more cost-effective laboratory workflows. Labcyte was founded in 2000 and is based in California.
Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the Laboratory Automation System market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
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