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

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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.

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SOURCE Research and Markets

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Inspur Smart Healthcare Participates in GITEX IMPACT 2024 Exhibition

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DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — From October 13th to 16th, the GITEX IMPACT 2024, Dubai’s Carbon Neutrality and Technology Exhibition, was held in Dubai. Organized by the Ministry of Economy and Ministry of Tourism of the United Arab Emirates, the exhibition focused on the forefront of sustainable development technologies, encompassing a wide range of sectors including construction, oil and gasoline, energy, and healthcare. It stands as one of the largest technology exhibitions in the Middle East and globally. Inspur Smart Health was invited to participate, showcasing its core products and cases of empowering the digital and intelligent transformation of the healthcare industry at the exhibition.

At the exhibition site, Inspur Smart Health introduced a series of products and solutions to government agencies and medical institutions, including the Health and Medical Big Data Intelligent Platform, Inspur Medical Industry International Trade Platform, Integrated Healthcare and Long-term Care Platform, Health Examination Center Solutions, Medical Group Information Management Platform, Internet Hospitals. These presentations comprehensively demonstrated Inspur Smart Health’s product innovation advantages and service capabilities.

Through this “debut” in the Middle East and even the global market, Inspur Smart Health has laid a solid foundation for further expanding its overseas “circle of friends” and establishing international brand recognition. In the future, Inspur Smart Health will continue to leverage its technological advantages in big data and artificial intelligence, constantly enhance the internationalization level of its products and solutions, deepen the exploration of overseas markets, and contribute to the thriving development of the global medical digital industry.

View original content:https://www.prnewswire.com/apac/news-releases/inspur-smart-healthcare-participates-in-gitex-impact-2024-exhibition-302338199.html

SOURCE Shandong Inspur Intelligent Medical Technology Co., Ltd.

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UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

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Reflects New Era in Music Streaming, Including Artist-Centric Principles and Furthering Authentic Engagement Between Artists and Fans

SANTA MONICA, Calif., Dec. 23, 2024 /PRNewswire/ — Universal Music Group (UMG), the world leader in music-based entertainment, and Amazon Music today announced an expanded global relationship that will enable further innovation, exclusive content with UMG artists, and advancement of artist-centric principles including increased fraud protection.

UNIVERSAL MUSIC GROUP AND AMAZON MUSIC EXPAND GLOBAL RELATIONSHIP

This reflects the two companies’ shared commitment to advancing and safeguarding human artistry, while ensuring UMG’s artists achieve their commercial potential through the service’s continued product enhancements and exclusive content that elevate authentic engagement between artists and fans.  

UMG and Amazon Music will work closely to explore new and enhanced product opportunities designed to benefit artists and enrich the experience of their fans. UMG will also collaborate with Amazon Music as it continues to expand in audio, including further innovation in audiobooks, audio and visual programming, and its investment in livestreamed content that has connected millions of fans with their favorite artists across all genres and corners of the world. UMG and Amazon will also work collaboratively to address, among other things, unlawful AI-generated content, as well as protecting against fraud and misattribution.

Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “We are very excited to advance our long-standing, excellent partnership with Amazon Music that marks a new era in streaming—Streaming 2.0. We appreciate Amazon Music’s deep commitment to the interests of our artists, and look forward to progressing our shared artist-centric objectives through product innovation and accelerating growth of their service.”

Steve Boom, VP of Audio, Twitch and Games for Amazon said, “UMG has always been a collaborative partner to Amazon Music, and as we continue to invent and introduce more artist-to-fan connections through our product and exclusive content, we’re redefining what it means to be a streaming service. We’re thrilled to expand our relationship with UMG which will enable us to partner on meaningful new ways for artists to deepen their engagement with fans around the world, while working together to protect the work of artists, songwriters and publishers.”

Notes to editors:

About Universal Music Group
Universal Music Group exists to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.

About Amazon Music
Amazon Music is an immersive audio entertainment service that connects fans, artists, and creators through music, podcasts, and culture. Amazon Music brings fans closer to what they love, with curated and personalized playlists, artist livestreams, artist merch, and Amazon Exclusive podcasts. Prime members get access to over 100 million songs in shuffle mode, All-Access playlists, plus the largest catalog of top ad-free podcasts, included with their membership. Customers can upgrade to Amazon Music Unlimited for full, on-demand access to 100 million songs in HD, a growing catalog of Ultra HD and Spatial audio, and the world’s largest selection of audiobooks from Audible. Anyone can listen to Amazon Music by downloading the free Amazon Music app, or wherever they listen to music including Alexa-enabled devices. Learn more at amazon.com/music.

View original content to download multimedia:https://www.prnewswire.com/news-releases/universal-music-group-and-amazon-music-expand-global-relationship-302338093.html

SOURCE Universal Music Group

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Repurchase of Loomis’ shares during the fourth quarter 2024 completed

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STOCKHOLM, Dec. 23, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on October 28, 2024, repurchased 590,100 shares. Loomis AB’s holding of own shares thereby amounts to 2,514,653 shares, corresponding to 3.54 percent of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 71,000,000.

For information about transactions in the repurchase program, please see:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

For more information, please contact:

Jenny Boström
Head of Sustainability and IR
jenny.bostrom@loomis.com 
+46 79 006 45 92

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/repurchase-of-loomis–shares-during-the-fourth-quarter-2024-completed,c4086142

The following files are available for download:

https://mb.cision.com/Main/51/4086142/3187900.pdf

Repurchase of Loomis’ shares during the fourth quarter 2024 completed

 

View original content:https://www.prnewswire.com/news-releases/repurchase-of-loomis-shares-during-the-fourth-quarter-2024-completed-302338207.html

SOURCE Loomis AB

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