The US represents the single largest market for clinical diagnostics automation worldwide, as stated by the new market research report on Clinical Diagnostics Automation. Europe represents the second largest market for clinical diagnostics automation. However, market growth for clinical diagnostics automation is expected to mainly emanate from the rest of the world market, which is forecast to grow at a compounded annual rate of more than 12% during the analysis period, driven primarily by the burgeoning population in Asia. The global market for clinical diagnostics automation is led by automated analyzers. Stand-alone automation represents the fastest growing segment in the global clinical diagnostics automation market, with a projected CAGR of 16.8% during the analysis period.

Total Lab Automation (TLA) is ideal for use in large hospitals with 550 beds or more, or with a substantially large outpatient numbers. Adoption of TLA remains confined to only a few large hospitals, serving a niche market. Despite being powerful and efficient, large-scale automation systems are laden with certain limitations such as inflexibility, complexity, huge time for implementation, and certain communication issues in addition to cost constraints. This resulted in a lower penetration of TLA in the market. Meanwhile, smaller laboratories have espoused modular work cell automation concept, which is relatively more ideal for their size and budget.

Major players profiled in the report include Abbott Diagnostics, Beckman Coulter Inc., bioMérieux SA, Bio-Rad Laboratories Inc., Caliper Life Sciences Inc., QIAGEN, Roche Diagnostics, Siemens Healthcare Diagnostics Inc., Tecan Trading AG, among others.

The research report titled “Clinical Diagnostics Automation: A Global Strategic Business Report” announced by Global Industry Analysts Inc provides a comprehensive review of the clinical diagnostics automation market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for clinical diagnostics automation market for the years 2009 through 2017 for the following geographic markets—US, Europe, and the rest of world. Key product segments analyzed include Automated Analyzers, Total Lab Automation, and Stand-alone Automation. Also, a six-year (2003-2008) historic analysis is provided for additional perspective.

For more details about this market research report, click here.