Connect with us

Technology

Clinical Lab Automation Market to Reach $3.72 Billion by 2030 Amid Technological Advancements

Published

on

DUBLIN, March 1, 2024 /PRNewswire/ — The “Global Clinical Lab Automation Market by Product (Liquid Handling, Nucleic Acid Purification System, Microplate Reader, Automated ELISA, Software), End User (Hospital Laboratories, Diagnostic Laboratories) – Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering.

A comprehensive market report reveals critical insights into the flourishing Clinical Lab Automation Market, with an emphasis on major products like liquid handling systems and nucleic acid purification systems. It underscores innovative technologies and systems that are transforming hospital laboratories and diagnostic centers, driving market growth at a significant CAGR of 7.8% from 2023 to 2030.

The global clinical lab automation market is expected to witness robust expansion, moving towards a valuation of $3.72 billion by 2030. With a resurgence of infectious diseases and a surging geriatric population worldwide, clinical lab automation has become critical in delivering precise and efficient diagnostic solutions.

Detailed insights provided by this report shed light on pivotal factors accelerating market growth, including the relentless pursuit of technological advancements and enhanced accuracy in laboratory instruments. The implementation of automation has been shown to markedly improve the consistency of test results while also bolstering laboratory productivity – key considerations for its widespread adoption.

Extensive Product Analysis

Automated Liquid Handling Systems: At the forefront, systems that provide liquid handling automation are expected to dominate the product segment, driven by their integral role in fostering drug development efficiencies.Nucleic Acid Purification and Microplate Reader Systems: These products are also projected to contribute significantly to the market share, aiding in the streamlining and automation of complex laboratory processes.Clinical Lab Automation Software: The burgeoning demand for sophisticated laboratory information management systems (LIMS) is set to enhance the market’s growth trajectory, aiding in data management and workflow optimization.

End-User Insights:

With substantial growth anticipated in the hospital laboratories segment – largely attributed to increased healthcare spending and the adoption of cutting-edge laboratory technologies – this area is poised to be a major contributor to market expansion.

Regional Market Developments:

North America: The region takes the lead in market share, thanks to advanced healthcare infrastructure and significant investments in automation technologies.Asia-Pacific: Identified as the fastest-growing market, the Asia-Pacific region evidences a dynamic uptake of automation solutions influenced by economic developments and healthcare sector advancements.

Challenges such as the high cost of clinical laboratory automation systems and the complexity of data security may impede growth. Yet, despite these hurdles, the market is expected to flourish, supported by a range of innovative products and end-user applications. Healthcare professionals and diagnostic labs are equipped to enhance their services with the sophisticated, automated technologies detailed in this comprehensive market report.

As the industry navigates through technological revolutions and demographic shifts, stakeholders in the global clinical lab automation market are cognizant of the burgeoning opportunities presented by this growth. An in-depth understanding of the existing market landscape, as provided by this report, is essential for market participants looking to consolidate their presence and capitalize on these emerging trends.

Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments, SWOT Analysis)

Thermo Fisher Scientific Inc. (U.S.)Bio-Rad Laboratories Inc. (U.S.)Danaher Corporation (U.S.)Revvity Inc. (Formerly known as PerkinElmer Inc.) (U.S.)F. Hoffmann-La Roche AG (Switzerland)Agilent Technologies Inc. (U.S.)Waters Corporation (U.S.)Tecan Group Ltd. (Switzerland)Siemens Healthineers AG (Germany)Becton, Dickinson, Company (U.S.)Abbott Laboratories (U.S.)Hudson Robotics Inc. (U.S.)Hamilton Company (U.S.)

Scope of the Report:

Clinical Lab Automation Market Assessment-by Product

SystemsAutomated Liquid Handling SystemsAutomated ELISA SystemsAutomated Nucleic Acid Purification SystemsAutomated Microplate ReadersOther SystemsClinical Lab Automation Software

Note: Other systems include automated incubators, automated cell counters, and cell imaging systems.

Clinical Lab Automation Market Assessment-by End User

Hospital LaboratoriesDiagnostic LaboratoriesOther End Users

Note: Other end users include blood banks, forensic labs, and clinical research organizations

Clinical Lab Automation Market Assessment-by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainRest of Europe (RoE)Asia-Pacific (APAC)ChinaJapanIndiaRest of APAC (RoAPAC)Latin AmericaMiddle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/7p081d

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com    

For E.S.T Office Hours Call +1-917-300-0470 
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716 

Logo:  https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg 

View original content:https://www.prnewswire.com/news-releases/clinical-lab-automation-market-to-reach-3-72-billion-by-2030-amid-technological-advancements-302077291.html

SOURCE Research and Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Doo Group Strengthens Global Reach with CySEC License for Doo Financial

Published

on

By

LIMASSOL, Cyprus , Nov. 15, 2024 /PRNewswire/ — Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally.

Expanding Regulatory Reach

The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to ensuring compliance with international regulatory standards and prioritizing client security. As a European Supervisory Authority, CySEC offers a robust regulatory environment and is expected to enhance client confidence. For Doo Group, this new regulatory milestone reinforces its reputation as a trusted, reliable financial services provider.

“Acquiring the new license from CySEC is a significant milestone for Doo Financial, marking a key step in our ongoing growth and strategic expansion. This achievement not only reinforces our commitment to maintaining the highest standards of regulatory excellence but also solidifies our position as a trusted, reliable financial institution within Europe. By aligning with CySEC’s rigorous requirements, we are better positioned to offer enhanced services to our clients, foster greater transparency, and ensure long-term stability in an increasingly complex and dynamic financial landscape.” Costas Kappai, Doo Financial EU

Strengthening Client Confidence

Doo Financial EU, the European branch of Doo Financial, is now positioned to serve clients across Europe under the guidelines of a European Supervisory Authority. European clients will benefit from CySEC’s regulatory protections, including client fund safety and transparent business practices, ensuring a secure and trustworthy trading experience. This development allows Doo Financial EU to offer its suite of financial services and trading products to a wider audience, backed by the credibility and oversight of CySEC.

By expanding its regulatory reach, Doo Group continues to strengthen its position in the global financial market, enabling clients to trade with confidence. The CySEC license is another step toward achieving Doo Group’s vision of becoming a leader in financial services.

About Doo Group

Founded in 2014 and headquartered in Singapore, Doo Group is an international financial services provider with a focus on FinTech. With operations across 10 major business lines—including Brokerage, Wealth Management, Payments, and Digital Marketing—we are dedicated to delivering comprehensive financial solutions that empower our clients to explore a better future.

Photo – https://mma.prnewswire.com/media/2557948/Doo_Group_Strengthens_Global_Reach_with_CySEC_License_for_Doo_Financial.jpg

View original content:https://www.prnewswire.co.uk/news-releases/doo-group-strengthens-global-reach-with-cysec-license-for-doo-financial-302306893.html

Continue Reading

Technology

Liberty General Insurance Continues to Drive Insurance Awareness and Inclusion with ‘Suraksha ka Vaada Bima ke Saath’ Initiative Across Delhi and Punjab

Published

on

By

NEW DELHI, Nov. 15, 2024 /PRNewswire/ — Liberty General Insurance, one of the leading non-life insurance companies in India and the lead insurer for Delhi under the Insurance Regulatory and Development Authority of India’s (IRDAI) State Insurance Plan, is spearheading an insurance awareness initiative in Delhi. While there are no gram panchayats in Delhi, Liberty continues to drive insurance awareness through grassroots and digital outreach.

In parallel, Liberty is fulfilling its rural and social obligations by focusing on underserved areas in Punjab. This effort includes a recently initiated awareness campaign across 400 gram panchayats in Punjab to expand insurance penetration and increase accessibility in these regions.

In Delhi, Liberty continues to create awareness under ‘Suraksha ka Vaada Bima ke Saath’ initiative launched in 2023. This October Liberty began with a Door-to-Door Campaign across North-West and North East Delhi, reaching over 1600 households in Karala Village, Budh Vihar, Kanjawala Village and Begumpur, Burari, Kanhiya Nagar, Rampura, and Jahangirpuri, achieving over 25000 impressions. Over nearly a month, Liberty’s teams engaged with residents, distributing leaflets and explaining the benefits of motor and health insurance. This campaign was followed by the ‘Nukkad Natak’ (Street Play) initiative in South Delhi, targeting key neighborhoods of Sarojini Nagar, Lajpat Nagar, Nirman Vihar, Lakshmi Nagar, and Begumpur chowk market. The street plays used interactive performances to educate communities on the importance of insurance and dispel common myths. To reinforce the message, Liberty’s team also disseminated copies of the ‘Wise Ways of Insurance’ booklet—a unique resource developed to demystify insurance products and promote informed decision-making. The booklet, which is being translated into vernacular languages, is also being distributed in other states as part of Liberty’s commitment to financial literacy across India.

Complementing its on-ground efforts, Liberty General Insurance continues to leverage social media to drive targeted insurance awareness campaigns. Recognizing that widespread mobile access allows more people to connect online, Liberty reaches both rural and urban audiences, empowering individuals everywhere with the knowledge needed to make informed financial decisions.

Commenting on this awareness drive, Mr. Parag Ved, CEO & Whole-Time Director, Liberty General Insurance said, “Our ‘Suraksha ka Vaada Bima ke Saath’ campaign is an effort in line with IRDAI’s ‘Insurance for All by 2047’ vision, towards empowering communities across Delhi, Punjab, and beyond with the financial security that insurance provides. With general insurance penetration in India still at less than 1% of its GDP, there is a pressing need to educate communities and break down the barriers to understanding the importance of insurance. Liberty will ensure that its wide distribution network makes policies accessible to all, so that every citizen—no matter where they are—can access the financial safety net that insurance offers.”

“Liberty is committed to fostering a culture of financial resilience where every Indian can feel secure about their future. Together, we are building a future where insurance isn’t just a product but a promise of protection and peace of mind,Mr. Ved added.

Looking ahead, Liberty will be rolling out a transit media campaign across South Delhi in December, utilizing branded auto rickshaws to increase visibility and connect with residents in this vibrant area of the capital. By leveraging transit media, Liberty aims to bring insurance awareness into people’s daily routines, making information accessible in familiar, everyday settings. This campaign builds on the success of previous awareness initiatives and reinforces Liberty’s commitment to educating and empowering individuals about insurance.

About Liberty General Insurance

Liberty General Insurance Ltd. (LGI) is a joint venture between Summit Asia Investment Holdings PTE Ltd.— a group company of Liberty Mutual Insurance Group, a diversified global insurer with over 900 offices across the world, headquartered in the U.S., Enam Securities, and Diamond Dealtrade. LGI commenced operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1100+ with presence across 100+ locations in 28 states and UTs. Its partner network consists of about 6000+ hospitals and more than 5000 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, engineering insurance, marine insurance, liability insurance and property insurance among other products in India.

Photo: https://mma.prnewswire.com/media/2558927/LGI_organised_campaign.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/liberty-general-insurance-continues-to-drive-insurance-awareness-and-inclusion-with-suraksha-ka-vaada-bima-ke-saath-initiative-across-delhi-and-punjab-302306895.html

Continue Reading

Technology

Hikvision unveils WonderHub and elevates smart collaboration across industries

Published

on

By

HANGZHOU, China, Nov. 15, 2024 /CNW/ — Hikvision unveiled its fully upgraded smart collaboration business. The event showcased a range of innovative products designed to transform collaboration in education, meetings, retail, and more. Among the highlights were cutting-edge solutions like WonderHub interactive displays, digital signage, and video conference devices. These products underscore Hikvision’s commitment to driving digital transformation and enhancing user experiences in an increasingly connected world.

At the heart of this ecosystem is WonderHub, which features WonderOS, an AI-powered platform that seamlessly connects devices and enhances collaboration. With tools like WonderSpark for interactive whiteboards and WonderCast for wireless content sharing, WonderHub enables users to communicate, create, and collaborate more effectively than ever.

Boosting Classroom Engagement with Innovative Solutions

In education, WonderHub is designed to elevate classroom experiences. The interactive displays enable students to share and express ideas effortlessly, creating a more engaging and dynamic learning environment. The built-in WonderSpark smart whiteboard software uses AI to recognize equations, provide solutions, and generate interactive 3D teaching materials across subjects like mathematics, chemistry, and natural sciences. Teachers can also access licensed images and videos through Creative Commons integration, enriching lesson content and boosting student engagement.

Classrooms equipped with WonderHub also benefit from multi-window modes and a suite of 19 educational tools. These include subject-specific templates and interactive applications. For remote learning, WonderHub integrates seamlessly with third-party conferencing platforms, allowing students to collaborate in real-time, no matter their location.

Empowering Business Meetings with Intelligent Features

Hikvision’s smart collaboration solutions transform business meetings into more efficient and immersive experiences. The WonderHub Ultra Series allows users to easily connect personal devices and leverage the interactive display’s camera, speakers, and microphone for high-quality remote conferencing. The HiSpire meeting management system streamlines meeting logistics, including room scheduling, attendee notifications, post-meeting summaries, and distribution of materials.

Advanced AI features, such as auto-framing and speaker tracking, ensure optimal video quality. Meanwhile, app-free screen casting allows for easy sharing of presentation materials. The X12 and X28 audio-video cameras offer enterprises tailored setups to suit meeting rooms of any size, ensuring seamless communication with high-definition video and precise audio capture.

Transforming Retail Spaces with Dynamic Digital Signage

Hikvision has also advanced its digital signage solutions to enhance customer engagement in retail scenarios. The vibrant displays and centralized content management allow retailers to effectively capture attention. High-brightness window displays attract passersby with promotions and new product highlights. Meanwhile, floor-standing signage supports interactive features, such as self-service ordering. The HikCentral FocSign platform enables retailers to remotely manage and distribute content across multiple locations, improving operational efficiency and ensuring consistent branding.

These digital signage solutions, including the DP and DL series, boast superior brightness and clarity, ensuring visibility even in strong lighting conditions. The displays run on Hikvision’s self-developed platform and support WonderCast wireless casting, enabling quick and easy content sharing from various devices.

Since entering the smart collaboration market in 2017, Hikvision has rapidly become a leading global player. With over 300,000 units sold across more than 140 countries and regions, Hikvision’s smart collaboration business exemplifies the company’s commitment to innovation, quality, and user-centric design. As a key highlight of this evolution, the fully upgraded WonderHub represents the next leap forward in smart collaboration technology.

By bridging advanced technology with practical applications, WonderHub, along with Hikvision’s broader range of smart collaboration solutions, is leading the way in providing more efficient and intelligent solutions for users worldwide.

For more information about Hikvision’s smart collaboration products and solutions, please visit Hikvision’s official website.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hikvision-unveils-wonderhub-and-elevates-smart-collaboration-across-industries-302306901.html

SOURCE Hikvision Digital Technology

Continue Reading

Trending