Leading Lab Automation Companies Dominating the Competitive Landscape
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Published: November 2023
The rising demand for greater data reproducibility, accuracy and increased efficiency have prompted the healthcare laboratories to consider shifting from manually-handled processes to using lab automation systems. We analyzed over 340 companies, which are equipped with required capabilities to develop various lab automation instruments that can be used across a wide range of applications in the healthcare industry. In this article, discover top six lab automation companies and their capabilities in this industry.
In recent years, the biopharmaceutical industry has witnessed several advancements in the field of laboratory sciences, including the emergence of automated systems. Lab automation involves integration of automated technologies in laboratories in order to improve the existing operations, including pipetting and data analysis, that are otherwise carried out manually by lab workers. Automation at large scale involves the use of robotic workstations in clinical, pharmaceutical and life sciences labs, where a large number of tests and studies are conducted on a daily basis. Owing to various benefits of automation of processes, laboratories across all disciplines are increasingly transitioning to automation to increase efficiency, save time and costs. Advancements in mobile robots, which can independently transport and handle materials in the lab, can be conceptualized in many laboratories. There are more domains, such as molecular diagnostics and anatomic pathology, that are also soon likely to be fully automated, alongside fields, such as clinical chemistry and hematology. With the growing adoption and advancement in the field of lab automation, more than 6,200 patents have been filed / granted related to the same, since 2018. The increasing interest of various stakeholders in scalable and configurable automation of labs has led to extensive R&D activity in this field.
Roots Analysis has conducted an exhaustive study on Lab Automation Market featuring the current market landscape and future opportunity for the lab automation companies involved in offering instruments, over a span of 12 years.
Driven by the growing adoption of lab automation, the opportunity for lab automation companies is significant; Roots Analysis base case projections estimate the market to grow at a CAGR of 9.3%. The market’s evolution is likely to be driven by the automated liquid handling systems; however, the market for analyzers is likely to grow at a relatively faster pace.
Table of Contents
Below, we have listed (in alphabetical order), the top 6 lab automation companies transforming the lab processes.
- Abbott
- BD
- Beckman Coulter
- PerkinElmer
- Roche
- Siemens Healthineers
Interested in exploring all 340+ Lab Automation Companies and their recent initiatives?
Discover Below the Details on Top 6 Lab Automation Companies
This article highlights top six established Lab Automation Companies (based on employee size, year of establishment and offering instruments for total lab automation, which includes pre-analytical, analytical and post-analytical) to watch out for in 2023. It is essential to note that the selection of top lab automation companies can differ substantially according to the defined criteria(s).
Abbott, Develops an Innovative Laboratory Automation Solution to Maximize the Operational Efficiency
1. Abbott
Abbott specializes in providing life changing healthcare technologies and generating prompt results through its innovative products, including automation instruments and devices, along with software algorithm. The offerings of the company have evolved as per the changes in the market space of healthcare. It provides end-to-end solutions for the increase in productivity across the entire laboratory.
In 2022, the company generated net revenue of USD 43.7 billion.
Abbott: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1888 |
| Number of Employees |
10,001+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of Abbott and other lab automation companies are available in full report.
Recent Collaborations:
In April 2022, Abbott signed product development agreement each with CamDiab and Ypsomed to develop and market an integrated automated insulin delivery (AID) system.
BD, a Leading Player in Medical Technology, is Offering Standardized and Scalable Automated Solutions
2. Becton Dickinson
Becton Dickinson claims to be one of the world's largest medical firm that aims to enhance medical discovery and diagnostics with its advanced technology. The solutions offered by BD can expand the capabilities of lab and enhance laboratory operations and maximize financial efficiencies.
In 2022, the company generated net revenue of USD 18.9 billion.
BD: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1897 |
| Number of Employees |
10,000+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of BD and other lab automation companies are available in full report.
Recent Collaborations:
- In July 2022, BD acquired Parata Systems to expand its portfolio in the pharmacy automation market.
- In June 2022, BD signed a product development agreement with CerTest Biotec to develop a molecular diagnostic test for the Monkeypox virus using automated platforms.
Beckman Coulter, with the Experience of More Than 80 Years is a Global Leader in Clinical Diagnostics
3. Beckman Coulter
Beckman Coulter designs automation solutions to reduce healthcare pressure through efficient diagnostic laboratories that provide rapid and consistent results. The automation solutions designed by Beckman Coulter improves patient care, emergency room times and patient/clinician satisfaction. Moreover, the size of the instruments is customized based on the requirement by small, mid or large companies.
Beckman Coulter: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1935 |
| Number of Employees |
10,000+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of Beckman Coulter and other lab automation companies are available in full report.
Recent Collaborations:
- In February 2023, Beckman Coulter signed a technology integration agreement with SCIEX for automated liquid handling systems.
- In September 2022, ValitaCell, a player in analytical products and technologies was acquired by Beckman Coulter.
- In July 2022, Beckman Coulter has undergone a technology integration agreement with Scopio Labs to adopt the Scopio’s next generation peripheral blood smear platforms.
From the last 85 Years, PerkinElmer has Enabled and Accelerated the Science via Innovation
4. PerkinElmer
With its robotic liquid handling systems, PerkinElmer claims to be a leading biotechnology research firm, providing comprehensive solutions for automating end-to-end laboratory workflows. The company is offering solutions for various sectors including food, pharmaceutical, environmental and other industries. The application area of lab automation instruments offered by PerkinElmer includes drug discovery and genomic solutions.
PerkinElmer: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1937 |
| Number of Employees |
10,001+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of PerkinElmer and other lab automation companies are available in full report.
Recent Collaborations:
- In January 2023, PerkinElmer acquired Evotec Technologies, which offers high-performance HCS instruments and image analysis software.
- In April 2022, PerkinElmer signed a agreement with Scitara for the integration of platforms to transform the labs in digital mode.
Roche, Amongst the Leaders in Personalized Lab Automation Companies, Offers Complete Portfolio of Solutions in the Lab Automation Market
5. Roche
Roche Diagnostics is a pharmaceutical and diagnostics company that offers customized lab automation solutions as well as software that assists laboratories in tracking samples and reducing manual tasks. In terms of automation, Roche offers virtual automation via laboratory software solutions. Additionally, it offers automated pre- and post-analytical standalone solutions as well as connected automation to connect different instruments.
Roche: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1896 |
| Number of Employees |
10,001+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of Roche and other lab automation companies are available in full report.
Recent Collaborations:
- In September 2022, Roche signed a technology utilization agreement with Aga Khan University for the installation of fully automated laboratory system.
- In April 2022, Roche has undergone commercialization agreement with UgenTec to integrate the FastFinder software in the Roche FLOW offering.
- In January 2022, Roche signed product development agreement with NHS Wales for the innovation in existing diagnostic devices for heart failure.
Siemens Healthineers Offers Scalable and Configurable Portfolio of Automated Lab Solutions
6. Siemens Healthineers
Siemens Healthineers streamlines the workflow of various diagnostic and research labs by effectively integrating robotics and laboratory automation software. In 2022, the company generated net revenue of Euro 21.71 billion. The application area of lab automation products offered by Siemens Healthineers include diagnostics for the Pharmaceutical and Biotechnology Companies, Research and Academic Institutes, Hospitals and Diagnostic Laboratories.
Siemens Healthineers: Company Overview
| Particulars | Specifications |
| Company Logo |  |
| Year of Establishment |
1896 |
| Number of Employees |
10,001+ |
| Headquarters |  |
| Lab Automation Product Portfolio |
|
Detailed information on the product portfolio related to lab automation market segment of Siemens Healthineers and other lab automation companies are available in full report.
What About Other Lab Automation Companies Around the World?
The above presentation features six Lab Automation Companies from over 340 players that we have compiled. If you're interested, you can download the Sample Report on this topic by Roots Analysis. For personalized assistance in identifying the most relevant solutions based on your specific criteria, please don't hesitate to reach out to us at sales@rootsanalysis.com.
Sources
Sources:1 https://www.siemens-healthineers.com/en-in/laboratory-automation
Sources:2 https://www.beckman.com/integrated-solutions/getting-started
Sources:3 https://www.medicaldevice-network.com/news/bd-total-lab-automation-system/