Robotics in Life Sciences 3MEGATRENDS IMPACTING DESIGN OF THANK YOU Brian Handerhan Automation Group Parker Hannifin Did you enjoy reading this ? Download the whitepaper You can download our whitepaper for more details Our industry experts believe three trends will change robotics and automation in the laboratory and life science markets. DEMOGRAPHIC SHIFTS DEMOGRAPHIC SHIFTS THE AGING POPULATION THE AGING POPULATION MEGATRENDS #1 MEGATRENDS #1 TECHNOLOGY ADVANCEMENT TECHNOLOGY ADVANCEMENT PERSONALIZED MEDICINE PERSONALIZED MEDICINE MEGATRENDS #2 MEGATRENDS #2 The 60-plus population uses three to five times the healthcare services provided to younger generations. The aging population will grow by 33% between 2010 and 2020, jumping from 18% of total population to 22% in just ten years. DID YOU KNOW? IMPACT OF AGING POPULATION As demographics change, there will be increased demand to develop, test, and produce new drugs more efficiently. Laboratory automation will go from “nice to have” to “must do” to ensure: Increased efficiencies Improved throughput Reduced costs IMPACT OF TECHNOLOGY ADVANCEMENT Laboratories will require “big data” capabilities and personalized medicine technologies Laboratory automation is a major factor in driving down the cost of per- sonalized medicine to the point where it is commercially viable COMMERCIAL REALITY COMMERCIAL REALITY OUTSOURCING DESIGN OUTSOURCING DESIGN MEGATRENDS #3 MEGATRENDS #3 Personalized medicine is healthcare customization with medical decisions, practices and/or products being tailored to the individual patient. Source: Wikipedia It is becoming possible to understand an individual’s genetic makeup to predict their responsiveness to certain drugs and therapies, allowing the best individualized care DID YOU KNOW? DID YOU KNOW? WHY OEMS CHOOSE OUTSOURCING When speed to market is a major factor, outsourcing the entire design or key subsystems allows a shorter design cycle. When revenue comes more from sales of the consumable compared to sales of the instrument, OEMs now focus more on innovations of revenue generating consumables. More and more OEM instrument manufacturers choose to outsource some or all of their instrument design and manufacturing. SUCCESSFUL OUTSOURCING The ideal outsourcing partner Define core competency Decide what you want to outsource Engineering, Manufacturing, Components, Subsystems, System Choose your partner Operates as an extension of the development team Manufactures where the OEM is manufacturing Engineers where the OEM is engineering Scales up production on schedule