Medical Device | Healthcare | Biotechnology | Pharmaceuticals

Key factors driving growth in Lab Automation Market - Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of this market. In addition, lab automation offers enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents. How the Lab Automation Industry will grow in coming years? The global lab automation market is expected to reach USD 5.20 Billion by 2022 from USD 4.06 Billion in 2017, at a CAGR of 5.1%. The Objective of Research is as Follows: 1. To define, describe, and forecast the global market on the basis of product, application, end user, and region. 2. To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities and industry-specific challenges). 3. To strategically analyze m...