With a market share of 89.8% in all of North America in 2021, the USA presently dominates the region and is expected to sustain this growth throughout the forecast period.
According to the most recent industry study from Future Market Insights, the global Automated Cell Biology Systems Market sales is valued at US$ 14.1 billion in 2022 and is estimated to grow at a CAGR of close to 9.0% over the forecast period, reaching a value of roughly US$ 33.5 billion in 2032.
Laboratory automation, a major force in the biotechnology sector, enables the creation of strong new technologies and applications. Automation in research and production, particularly in personalised therapeutics, is required to achieve cost effectiveness and widespread accessibility of customised treatments.
Over the last two decades, the biotechnology industry has placed an increasing emphasis on laboratory automation. With the advancement of digitalization and Industry 4.0, biotech automation has expanded from its initial concentration on analytical laboratories to being widely used throughout the industry.
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Indeed, it is commonly understood that many areas of future medicine will be impossible to achieve without the assistance of automation. These include complex data processing automation for precision medicine, healthcare robotics for surgery and care, automated manufacturing, and sophisticated supply chains for new treatments.
This is especially true for personalised cell-based treatments, which rely on automation to reduce prices and boost accessibility. Patient-derived cell multiplication is labor-intensive and characterised by significant batch-to-batch variability, whether for personalised drug research or autologous cell therapy.
Furthermore, because individual batch sizes are small, personalised medication necessitates a high overall throughput to be financially viable. These factors drive demand for Automated Cell Biology Systems, boosting the market's overall value over the forecast period.
Key Takeaways from Market Study
“Rising Demand for Personalized Medicine, and Growth in Total Lab Automation Techniques will Propel Overall Market Growth,”says an analyst of Future Market Insights.
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Market Competition
Key Players:
Automated cell biology system manufacturers have been substantially investing in research to offer long-term solutions for both the biopharmaceutical and packaging industries. Players in the Automated Cell Biology Systems market are also focusing on innovations and alliances to strengthen their market position.
For instance:
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the Automated Cell Biology Systems market in its latest study, presenting a historical demand assessment of 2012 to 2021 and projections for 2022 to 2032. The global Automated Cell Biology Systems market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
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Key Market Segments Covered in Automated Cell Biology Systems Industry Research
By Product:
By Cell Culture:
By Application:
By End User:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jun 12, 2023