India Laboratory Automation Market
India Laboratory Automation Market - By Product (Automated Liquid Handling System, Microplate Readers, Software & Informatics, Robotics); By Application (Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Biobanking); By End User (Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, Contract Research Organizations (CROs)); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: June 2023
- Report ID: BWC23498
- Available Format: PDF
- Page: 260
Report Overview
Increasing demand for high-throughput screening in drug discovery, rising adoption of automation solutions for efficiency and accuracy, technological advancements in laboratory automation systems, and the need for cost reduction and improved productivity in laboratories are propelling the growth of the India Laboratory Automation Market during the forecast period between 2023 and 2029.India Laboratory Automation Market – Industry Trends & Forecast Report, 2029
India laboratory automation market size was estimated at USD 85.41 million in 2022. During the forecast period between 2023 and 2029, the size of India laboratory automation market is projected to grow at a CAGR of 8.88% reaching a value of USD 139.25 million by 2029. The major factor driving the growth of India laboratory automation market is the increasing adoption of robotic systems and automated workflows in laboratories to enhance efficiency and accuracy. Also, there is a growing demand for high-throughput screening and sample processing solutions, driven by the need for faster and more precise results. Further, there is a rising focus on integrating advanced technologies like artificial intelligence and machine learning into laboratory automation, enabling data-driven decision-making and predictive analytics. There is a shift towards modular and scalable automation solutions to accommodate diverse laboratory workflows. Lastly, there is a surge in the implementation of cloud-based laboratory information management systems, facilitating data storage, analysis, and collaboration.
India Laboratory Automation Market - Overview
Laboratory automation refers to the use of advanced technology and robotics to streamline and enhance the efficiency of laboratory processes and workflows. It involves the integration of instruments, software, and robotic systems to automate tasks, such as sample preparation, analysis, and data management. Laboratory automation aims to reduce human error, increase productivity, and improve the accuracy and reproducibility of results. It enables scientists and researchers to handle larger volumes of samples, perform complex experiments with precision, and accelerate the pace of scientific discovery. By automating routine tasks, laboratory automation frees up valuable time for scientists to focus on data analysis and interpretation.
Growth Drivers
Adoption of Advancements in Robotics and Artificial Intelligence (AI)
The laboratory automation market in India is experiencing rapid growth driven by advancements in robotics and artificial intelligence (AI). The integration of sophisticated robotic systems and AI algorithms has revolutionized laboratory workflows, enhancing efficiency, accuracy, and productivity. These technologies automate repetitive tasks such as sample handling, testing, and data analysis, reducing human error and increasing throughput. Also, the adoption of laboratory information management systems (LIMS) and cloud-based platforms enables seamless data management and collaboration. The combination of robotics, AI, and data analytics empowers Indian laboratories to streamline operations, accelerate research and development, and optimize resource utilization, making laboratory automation a key growth driver in India's scientific landscape.
Restraints
Accelerating Efficiency and Precision
In the realm of laboratory automation, India has witnessed remarkable growth and advancements. However, this dynamic market is not without its challenges. One key restraint faced by the India laboratory automation market is the high initial investment required for implementing automated systems. The costs associated with acquiring sophisticated equipment, integrating software solutions, and training personnel can deter some laboratories from adopting automation. Also, limited awareness and understanding of the benefits of laboratory automation among smaller organizations and research institutions pose an obstacle to its widespread adoption. Addressing these challenges through cost-effective solutions and educational initiatives will be pivotal in unlocking the full potential of laboratory automation in India.
Impact of COVID-19 on the India Laboratory Automation Market
The COVID-19 pandemic significantly impacted India's laboratory automation market, ushering in a new era of technological advancements and growth. With the urgent need for efficient and high throughput testing capabilities, laboratories across the country have increasingly adopted automation solutions. Automated systems, robotic platforms, and artificial intelligence-driven processes have revolutionized sample processing, analysis, and data management, improving accuracy, speed, and scalability. The pandemic has acted as a catalyst, driving investments in laboratory automation technologies, enabling faster testing, reducing human error, and enhancing overall laboratory efficiency. As India continues its fight against the virus, the laboratory automation market is poised for further expansion and innovation in the post-pandemic era.
India Laboratory Automation Market
Segmental Coverage
India Laboratory Automation Market – By Product
On the basis of product, India laboratory automation market is divided into Automated Liquid Handling System, Microplate Readers, Software and Informatics, and Robotics segments. The largest segment in terms of market size and significance is the Automated Liquid Handling System segment. This segment comprises advanced robotic systems that automate the process of dispensing liquids in laboratories, enabling efficient and precise handling of samples. With the growing demand for high-throughput screening and increased laboratory productivity, the Automated Liquid Handling System segment has witnessed substantial growth and continues to dominate the laboratory automation market in India.
India Laboratory Automation Market – By Application
Based on application, India laboratory automation market is divided into Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, and Biobanking segments. The clinical diagnostics segment is the largest application segment in the India laboratory automation market. Clinical diagnostics play a crucial role in the detection, diagnosis, and monitoring of diseases, making it a vital component of healthcare systems. With the increasing prevalence of diseases and the need for efficient and accurate diagnostic solutions, the demand for laboratory automation in the clinical diagnostics segment has been steadily growing in India. The implementation of automated systems and advanced technologies has significantly improved the speed, accuracy, and efficiency of clinical diagnostic procedures, making it a prominent area of focus in the Indian laboratory automation market.
India Laboratory Automation Market – By End User
By end user, India laboratory automation market is segmented into Biotechnology and Pharmaceutical Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, Contract Research Organizations (CROs), and others. The hospitals & diagnostic laboratories segment holds the highest market share, as it encompasses various healthcare institutions, including hospitals and specialized diagnostic laboratories. These institutions play a critical role in patient care, disease diagnosis, and treatment. They provide a wide range of medical services, such as laboratory tests, imaging procedures, and clinical examinations. Hospitals and diagnostic laboratories collaborate with biotechnology and pharmaceutical companies to conduct clinical trials, validate new therapies, and ensure the safety and efficacy of drugs and medical devices. The demand for advanced diagnostics and personalized medicine has fueled the growth of this segment, making it the largest in the biotechnology and pharmaceutical industry.
India Laboratory Automation Market – By Region
On the basis of region, India laboratory automation market is divided into North India, South India, East India, and West India. North India stands out as the largest market. With its thriving industrial hubs, research institutions, and pharmaceutical companies, North India has emerged as a prominent hub for laboratory automation. The region's robust infrastructure, skilled workforce, and favorable government policies have fostered the growth of automation technologies in laboratories. Additionally, the presence of major cities like Delhi, Noida, and Gurugram further fuels the demand for laboratory automation solutions, making North India a dominant player in the country's laboratory automation market.
Competitive Landscape
Major players in the India laboratory automation market include Siemens Healthineers, Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Bio-Rad Laboratories, Tecan Group Ltd., Hamilton Company, Beckman Coulter, Promega Corporation, and Roche Diagnostics India. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
India |
Product/ Service Segmentation |
Product, Application, End User, Region |
Key Players |
Siemens Healthineers, Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Bio-Rad Laboratories, Tecan Group Ltd., Hamilton Company, Beckman Coulter, Promega Corporation, Roche Diagnostics India |
By Product
-
Automated Liquid Handling System
-
Microplate Readers
-
Software and Informatics
-
Robotics
By Application
-
Drug Discovery
-
Clinical Diagnostics
-
Genomics Solutions
-
Proteomics Solutions
-
Biobanking
By End User
-
Biotechnology & Pharmaceutical Companies
-
Hospitals & Diagnostic Laboratories
-
Research & Academic Institutes
-
Contract Research Organizations (CROs)
-
Others
By Region
-
North India
-
South India
-
East India
-
West India
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Laboratory Automation Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing demand for high-throughput screening and efficient laboratory processes.
- Rising focus on precision medicine and personalized healthcare.
- Restraints
- High initial investment costs associated with laboratory automation systems.
- Challenges in integrating automation solutions with existing laboratory infrastructure and processes.
- Opportunities
- Increasing demand for laboratory automation in clinical diagnostics and drug discovery applications.
- Growing trend of outsourcing laboratory services to contract research organizations (CROs) in India.
- Challenges
- Adapting to evolving regulatory frameworks and compliance requirements.
- Managing the complexity of integrating multiple automated systems and software platforms.
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Laboratory Automation Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- Automated Liquid Handling System
- Microplate Readers
- Software and Informatics
- Robotics
- Others
- By Application
- Drug Discovery
- Clinical Diagnostics
- Genomics Solutions
- Proteomics Solutions
- Biobanking
- Others
- By End User
- Biotechnology & Pharmaceutical Companies
- Hospitals & Diagnostic Laboratories
- Research & Academic Institutes
- Contract Research Organizations (CROs)
- Others
- By Region
- North India
- South India
- East India
- West India
- By Product
- Market Size & Forecast, 2019–2029
- North India Laboratory Automation Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- South India Laboratory Automation Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- East India Laboratory Automation Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- West India Laboratory Automation Market
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Application
- By End User
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- India Laboratory Automation Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid–19 on India Laboratory Automation Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Siemens Healthineers
- Thermo Fisher Scientific
- Agilent Technologies
- PerkinElmer
- Bio-Rad Laboratories
- Tecan Group Ltd.
- Hamilton Company
- Beckman Coulter
- Promega Corporation
- Roche Diagnostics India
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information in case of non–listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in–depth secondary research for the final deliverable.
List of Figures
Figure 1 India Laboratory Automation Segmentation
Figure 2 India Laboratory Automation Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Figure 5 India Laboratory Automation Market Share, By Product, By Value, 2019–2029
Figure 6 India Laboratory Automation Market Share, By Application, By Value, 2019–2029
Figure 7 India Laboratory Automation Market Share, By End User, By Value, 2019–2029
Figure 8 North India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Figure 9 North India Laboratory Automation Market Share, By Product, By Value, 2019–2029
Figure 10 North India Laboratory Automation Market Share, By Application, By Value, 2019–2029
Figure 11 North India Laboratory Automation Market Share, By End User, By Value, 2019–2029
Figure 12 South India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Figure 13 South India Laboratory Automation Market Share, By Product, By Value, 2019–2029
Figure 14 South India Laboratory Automation Market Share, By Application, By Value, 2019–2029
Figure 15 South India Laboratory Automation Market Share, By End User, By Value, 2019–2029
Figure 16 East India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Figure 17 East India Laboratory Automation Market Share, By Product, By Value, 2019–2029
Figure 18 East India Laboratory Automation Market Share, By Application, By Value, 2019–2029
Figure 19 East India Laboratory Automation Market Share, By End User, By Value, 2019–2029
Figure 20 West India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Figure 21 West India Laboratory Automation Market Share, By Product, By Value, 2019–2029
Figure 22 West India Laboratory Automation Market Share, By Application, By Value, 2019–2029
Figure 23 West India Laboratory Automation Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Table 2 India Laboratory Automation Market Size, By Product, By Value, 2019–2029
Table 3 India Laboratory Automation Market Size, By Application, By Value, 2019–2029
Table 4 India Laboratory Automation Market Size, By End User, By Value, 2019–2029
Table 5 North India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Table 6 North India Laboratory Automation Market Size, By Product, By Value, 2019–2029
Table 7 North India Laboratory Automation Market Size, By Application, By Value, 2019–2029
Table 8 North India Laboratory Automation Market Size, By End User, By Value, 2019–2029
Table 9 South India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Table 10 South India Laboratory Automation Market Size, By Product, By Value, 2019–2029
Table 11 South India Laboratory Automation Market Size, By Application, By Value, 2019–2029
Table 12 South India Laboratory Automation Market Size, By End User, By Value, 2019–2029
Table 13 East India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Table 14 East India Laboratory Automation Market Size, By Product, By Value, 2019–2029
Table 15 East India Laboratory Automation Market Size, By Application, By Value, 2019–2029
Table 16 East India Laboratory Automation Market Size, By End User, By Value, 2019–2029
Table 17 West India Laboratory Automation Market Size, By Value (USD Million), 2019–2029
Table 18 West India Laboratory Automation Market Size, By Product, By Value, 2019–2029
Table 19 West India Laboratory Automation Market Size, By Application, By Value, 2019–2029
Table 20 West India Laboratory Automation Market Size, By End User, By Value, 2019–2029
Table 21 Siemens Healthineers Company Overview
Table 22 Siemens Healthineers Financial Overview
Table 23 Thermo Fisher Scientific Company Overview
Table 24 Thermo Fisher Scientific Financial Overview
Table 25 Agilent Technologies Company Overview
Table 26 Agilent Technologies Financial Overview
Table 27 PerkinElmer Company Overview
Table 28 PerkinElmer Financial Overview
Table 29 Bio-Rad Laboratories Company Overview
Table 30 Bio-Rad Laboratories Financial Overview
Table 31 Tecan Group Ltd. Company Overview
Table 32 Tecan Group Ltd. Financial Overview
Table 33 Hamilton Company - Company Overview
Table 34 Hamilton Company Financial Overview
Table 35 Beckman Coulter Company Overview
Table 36 Beckman Coulter Financial Overview
Table 37 Promega Corporation Company Overview
Table 38 Promega Corporation Financial Overview
Table 39 Roche Diagnostics India Company Overview
Table 40 Roche Diagnostics India Financial Overview
Table 41 Other Prominent Players Company Overview
Table 42 Other Prominent Players Financial Overview
Market Segmentation
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