COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic

Key Findings
The Europe laboratory automation market is expected to grow with a CAGR of 5.79%, during the forecast period of 2021 to 2028. The key market growth drivers include the availability of innovative automated laboratory systems, the preferable use of automation in pharmaceutical companies and research and development laboratories, as well as the presence of well-developed healthcare infrastructure, and medical professionals.

Market Insights
The Europe laboratory automation market growth is evaluated by analyzing Germany, France, the United Kingdom, Italy, Poland, Russia, Belgium, and the rest of Europe. France is one of the largest consumers of pharmaceutical products, globally, and among the most complex and intricate markets to commercialize pharmaceutical products. The country also accounts for the world’s highest medicines’ consumption, per capita. Moreover, France is the second-largest market for medical care across Europe, harboring a population of 65 million, out of which, 11 million people are over the age of 65. Therefore, the country’s research in the pharmaceutical sector is anticipated to depict a growing trend.
As the largest pharmaceutical producer in Europe, Italy’s production value was more than 32 billion euros, in 2018. This figure has been steadily increasing in recent years. Additionally, Italian companies operating across the pharmaceutical division employ more than 66,000 individuals, with the majority of work professionals being highly skilled and educated. In 2018, these firms registered a turnover of 29 billion euros, thereby contributing towards Italy’s economy with nearly 9.5 billion euros. Thus, such factors are projected to fuel the market growth, during the forecast period.

Competitive Insights
Distinguished companies operating in the market include Abbott Laboratories, Siemens Healthineers AG, Synchron Lab Automation, Thermo Fisher Scientific, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments