Lab Automation Market Intelligence

Are you looking for answers on Lab Automation category?

Are you looking for answers on Lab Automation category?

  • What are the key trends in Lab Automation category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Lab Automation industry?
  • How is Lab Automation industry performing?

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Report Coverage

  • Engagement and Cost Break-up
  • Lab Data Standardization
  • Automation Prospects

Table of contents

  1. Lab Automation Executive Summary
  1. Lab Automation Market Overview
  1. Lab Automation Regional Market
  1. Lab Automation Competitive Intelligence - Current Industry Trends
  1. Lab Automation Supplier Landscape
  1. Lab Automation Engagement and Cost Break-up
  1. Lab Automation Lab Data Standardization
  1. Lab Automation Automation Prospects
  1. Lab Automation Buy vs. Build

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Global Market Outlook on Lab Automation

Life science, healthcare industry contributed to the major share in the overall LIMS market. Increasing need for management of clinical workflow (in terms of regulatory compliance and data security) and to improve efficiencies are fueling the market growth.

Overall LIMS Market vs. Healthcare LIMS Market (2017)

  • Life science LIMS market contributed close to 35–40% of the overall LIMS market share. Growing need for lab automation in academia and CROs are the major reasons for progress in this sector. Other major contributors include food & agro and chemicals
  • Market drivers: Stringent regulatory requirements, increasing need for lab automation, growing demand in end user segments, like biobanks/biorepositories, academic research institutes, and CROs
  • Market constraints: Lack of availability of skilled and trained professionals, cost of the software subscriptions and maintenance, and non-uniform integration standards are expected to slow the market
  • Further, LIMS has many variants (usage across analytical, clinical, environmental, manufacturing, etc.) to suit the need of the user and it can be developed, customized, and configured to suit the requirement. LIMS are various because client labs are highly diverse

LIMS/laboratory automation refers to a collection of technologies that are involved in the automatization of repetitive laboratory protocols. It consists of six categories: liquid handling; microplate readers; LIMS, electronic laboratory notebook/laboratory execution system and scientific data management system; multiplex and high-throughput ELISA systems; informatics; and robotics.

Regional Market

North America continues to be the dominant market with all the major players located in this region. Pharma, CROs, biorepositories, academia are the developing end-user segments, who will continue to show improvement. Biotech contributes to 20% of the end-user segment and is expected to show improvement, owing to the technical advancement.

  • North America will continue to dominate the market, due to the spread of the leading players in this region. Higher awareness about diseases , diagnosis, and well-equipped end users for LIMS are observed
  • Increased funds for R&D activities in this domain across healthcare (pharmaceutical and biotech, CROs) industry aim to boost the overall healthcare LIMs market
  • Asia Pacific is also looked upon as a prospective market with incredible growth opportunities. Demand to improve R&D facilities, aging population, emerging economy, and unmet medical needs cater to Asia Pacific being a favorable market in the near future

Competitive Intelligence – Current Industry Trends

Transforming large chunk of data into meaningful insights in the major aim of all the pharma and the service providers. Current as well as future trend appears to ease data management and provide open source of information to avoid time delay and in turn save cost.

GSK- Public–Private Partnership

  • GSK has an open partnership with Tres Cantos Open Lab Foundation and established a lab. It is the world's first open lab to work on third world diseases
  • Managing such partnerships can be done using the right informatics tool and maintaining the informatics infrastructure

GSK - Open Source- Public Data Set

  • GSK, along with CDD Vault (hosted drug discovery informatics system), has established a dataset for kinetoplastids (relevant to human disease) post screening a large number of compounds
  • This is in accord to the open-source systems, which can be freely used and contributed by scientists. This trend is expected to bring synergies among partners

Roche - IT Solutions

  • Roche launched a clinical lab IT solution, which will help to manage data and workflow across multiple disciplines in clinical research, adding flexibility and remote access, which can be tailored to the user needs
  • This initiative aims to utilize IT developments in lab operations, which indirectly helps in better patient outcomes

Partnerships

  • Bayer Crop sciences, partnered with Abbott's STARLIMS for managing their agro lab portfolio, data analysis, and submissions
  • AbbVie, Pfizer, Biogen, Amgen, Celgene, Gentech currently work using Core Informatics, LLC's software (CoreLIMS)

Current Industry Trends

Cloud-based Systems

  • Growth of cloud-based system for big-data analysis services, such as SaaS, PaaS, IaaS, XaaS, MaaS are being introduced in various life science organizations
  • It helps to provide access to information easier and faster across the globe and also at a lower cost

Thermo Fisher's SampleManager

  • This tool has updated to a fully integrated scientific data management system and an Electronic Lab Note (ELN), having all functionality in a single program
  • This can prove as a boon to most of the users, owing to the uniformity, ease, and multiple management software integration

Online LIMS

  • A product that incorporates the logical workflow in lab and creates analytical and management modules
  • Advantages, include easy data retrieval, have in-built auditing feature to be compliant, real-time access and QC, interactive statistical data analyzer, works on any OS, live workbook to perform daily work
  • Reduces support and maintenance cost for the pharma and easy access to data

Bots and AI in LIMS

  • Also known as Chatbots, they are used in Lab Automation, that can, with the help of AI, tactical job, and customer service functions
  • These are currently used in oil analysis labs, but can also be integrated for clinical and molecular diagnostics labs, for work that is SOP driven to explore opportunities

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