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About Automation in the Life Sciences Industry
The life sciences industry is characterized by expiring patents, rising cost of R&D, shorter time to market, aggressive marketing, and growing number of strict legal regulations. Pharmaceutical manufacturers are thus embracing flexible methods to optimize the entire supply chain and reduce the time to market. The major types of industrial automation solutions such as DCS, PLC, SCADA, and MES are used on a large scale in the life sciences industry. These technologies can be applied to a range of processes, starting from the procurement of raw materials to the distribution of the finished goods.
The life sciences industry is always under close scrutiny from regulatory bodies. Automation technologies offer a range of solutions that are designed to control and monitor, and document the manufacturing and distribution process of drugs according to the standards set by the different government health agencies worldwide.
Technavio’s analysts forecast the global industrial automation in life sciences industry market to grow at a CAGR of 5.69% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial automation in life sciences industry market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of programmable logic controllers (PLCs), manufacturing execution systems (MES), supervisory control and data acquisition (SCADA), and distributed control system (DCS).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Automation in Life Sciences Industry Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Rockwell Automation
• Siemens
• ABB
• Emerson Electric
Other prominent vendors
• Beckhoff
• Bosch Rexroth
• GE
• Honeywell International
• IDEC
• Hitachi
• Omron
• Yokogawa Electric
Market driver
• Changing demographics
• For a full, detailed list, view our report
Market challenge
• Cybersecurity risks
• For a full, detailed list, view our report
Market trend
• Automation solutions on cloud
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
The life sciences industry is characterized by expiring patents, rising cost of R&D, shorter time to market, aggressive marketing, and growing number of strict legal regulations. Pharmaceutical manufacturers are thus embracing flexible methods to optimize the entire supply chain and reduce the time to market. The major types of industrial automation solutions such as DCS, PLC, SCADA, and MES are used on a large scale in the life sciences industry. These technologies can be applied to a range of processes, starting from the procurement of raw materials to the distribution of the finished goods.
The life sciences industry is always under close scrutiny from regulatory bodies. Automation technologies offer a range of solutions that are designed to control and monitor, and document the manufacturing and distribution process of drugs according to the standards set by the different government health agencies worldwide.
Technavio’s analysts forecast the global industrial automation in life sciences industry market to grow at a CAGR of 5.69% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial automation in life sciences industry market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of programmable logic controllers (PLCs), manufacturing execution systems (MES), supervisory control and data acquisition (SCADA), and distributed control system (DCS).
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Automation in Life Sciences Industry Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Rockwell Automation
• Siemens
• ABB
• Emerson Electric
Other prominent vendors
• Beckhoff
• Bosch Rexroth
• GE
• Honeywell International
• IDEC
• Hitachi
• Omron
• Yokogawa Electric
Market driver
• Changing demographics
• For a full, detailed list, view our report
Market challenge
• Cybersecurity risks
• For a full, detailed list, view our report
Market trend
• Automation solutions on cloud
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
